Seaport Res Ptn Brokers Lower Earnings Estimates for MTX

Minerals Technologies Inc. (NYSE:MTX) – Equities research analysts at Seaport Res Ptn cut their Q1 2025 earnings estimates for Minerals Technologies in a research report issued to clients and investors on Wednesday, March 5th. Seaport Res Ptn analyst M. Harrison now anticipates that the basic materials company will earn $1.30 per share for the quarter, down from their previous forecast of $1.33. The consensus estimate for Minerals Technologies’ current full-year earnings is $6.62 per share. Seaport Res Ptn also issued estimates for Minerals Technologies’ Q2 2025 earnings at $1.69 EPS, Q3 2025 earnings at $1.65 EPS, FY2025 earnings at $6.21 EPS and FY2026 earnings at $7.19 EPS.

Minerals Technologies (NYSE:MTX) last posted its quarterly earnings results on Thursday, February 6th. The basic materials company reported $1.50 earnings per share for the quarter, topping analysts’ consensus estimates of $1.39 by $0.11. Minerals Technologies had a net margin of 7.89% and a return on equity of 11.49%.

MTX has been the subject of several other research reports. Truist Financial dropped their price objective on shares of Minerals Technologies from $103.00 to $101.00 and set a “buy” rating for the company in a report on Monday, February 10th. StockNews.com cut shares of Minerals Technologies from a “buy” rating to a “hold” rating in a research note on Tuesday, February 25th.

Minerals Technologies Stock Up 2.0 %

Shares of MTX opened at $67.87 on Thursday. The company has a 50-day simple moving average of $73.77 and a 200-day simple moving average of $76.07. The firm has a market capitalization of $2.16 billion, a P/E ratio of 13.10 and a beta of 1.28. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.98 and a current ratio of 2.84. Minerals Technologies has a 52 week low of $66.33 and a 52 week high of $90.29.

Minerals Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, March 7th. Investors of record on Friday, February 14th will be issued a dividend of $0.11 per share. This represents a $0.44 annualized dividend and a dividend yield of 0.65%. The ex-dividend date is Friday, February 14th. Minerals Technologies’s payout ratio is 8.49%.

Institutional Trading of Minerals Technologies

Institutional investors have recently bought and sold shares of the business. FMR LLC raised its position in shares of Minerals Technologies by 42.7% in the 4th quarter. FMR LLC now owns 1,761,925 shares of the basic materials company’s stock valued at $134,276,000 after buying an additional 527,206 shares in the last quarter. State Street Corp increased its position in Minerals Technologies by 2.6% in the 3rd quarter. State Street Corp now owns 1,268,792 shares of the basic materials company’s stock valued at $97,989,000 after acquiring an additional 32,196 shares during the period. Geode Capital Management LLC boosted its stake in shares of Minerals Technologies by 0.9% in the 4th quarter. Geode Capital Management LLC now owns 873,123 shares of the basic materials company’s stock valued at $66,554,000 after purchasing an additional 7,780 shares during the last quarter. American Century Companies Inc. boosted its stake in shares of Minerals Technologies by 31.1% in the 4th quarter. American Century Companies Inc. now owns 861,173 shares of the basic materials company’s stock valued at $65,630,000 after purchasing an additional 204,371 shares during the last quarter. Finally, Snyder Capital Management L P boosted its stake in shares of Minerals Technologies by 8.5% in the 4th quarter. Snyder Capital Management L P now owns 630,381 shares of the basic materials company’s stock valued at $48,041,000 after purchasing an additional 49,376 shares during the last quarter. Institutional investors own 97.29% of the company’s stock.

Minerals Technologies Company Profile

Minerals Technologies Inc develops, produces, and markets various mineral, mineral-based, and related systems and services. The company operates through two segments, Consumer & Specialties, and Engineered Solutions segments. The Consumer & Specialties segment offers household and personal care products, such as pet litter, personal care, fabric care, edible oil and other fluid purification, animal health, and agricultural products; and specialty additives products, including precipitated calcium carbonate and ground calcium carbonate products that are used in the paper, paperboard, and fiber based packaging industries, as well as automotive, construction, and table and food applications.