Minerals Technologies (NYSE:MTX) Updates Q3 2026 Earnings Guidance

Minerals Technologies (NYSE:MTX) issued an update on its third quarter 2026 earnings guidance on Friday morning. The company provided EPS guidance of 1.550-1.600 for the period, compared to the consensus estimate of 1.740. The company issued revenue guidance of $550.0 million-$550.0 million, compared to the consensus revenue estimate of $561.7 million.

Minerals Technologies Trading Up 6.1%

Shares of MTX stock traded up $4.44 on Friday, reaching $76.95. The company had a trading volume of 213,722 shares, compared to its average volume of 212,485. The company has a current ratio of 2.13, a quick ratio of 1.47 and a debt-to-equity ratio of 0.54. The stock has a market cap of $2.39 billion, a PE ratio of 14.92 and a beta of 1.15. The company has a 50-day moving average of $75.63 and a 200-day moving average of $72.73. Minerals Technologies has a 12 month low of $53.94 and a 12 month high of $84.34.

Minerals Technologies (NYSE:MTX) last announced its quarterly earnings results on Thursday, July 30th. The basic materials company reported $1.60 earnings per share for the quarter, missing analysts’ consensus estimates of $1.64 by ($0.04). The firm had revenue of $548.40 million during the quarter, compared to analyst estimates of $558.77 million. Minerals Technologies had a net margin of 7.60% and a return on equity of 10.40%. The business’s revenue was up 3.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.55 earnings per share. On average, equities analysts forecast that Minerals Technologies will post 6.34 earnings per share for the current year.

Minerals Technologies Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, September 4th. Shareholders of record on Friday, August 14th will be issued a $0.12 dividend. The ex-dividend date is Friday, August 14th. This represents a $0.48 annualized dividend and a yield of 0.6%. Minerals Technologies’s dividend payout ratio (DPR) is 9.28%.

Analyst Ratings Changes

Several brokerages have recently issued reports on MTX. Truist Financial boosted their price target on shares of Minerals Technologies from $89.00 to $90.00 and gave the company a “buy” rating in a report on Monday, May 4th. Wall Street Zen upgraded Minerals Technologies from a “buy” rating to a “strong-buy” rating in a report on Saturday, July 4th. Weiss Ratings raised Minerals Technologies from a “sell (d+)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Finally, Seaport Research Partners restated a “buy” rating on shares of Minerals Technologies in a report on Monday, May 4th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $90.00.

Insiders Place Their Bets

In other news, VP Timothy Jordan sold 6,000 shares of Minerals Technologies stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $80.27, for a total value of $481,620.00. Following the sale, the vice president directly owned 1,279 shares in the company, valued at $102,665.33. This trade represents a 82.43% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 3.70% of the stock is currently owned by company insiders.

Key Stories Impacting Minerals Technologies

Here are the key news stories impacting Minerals Technologies this week:

• Positive Sentiment: Second-quarter sales rose 4% year over year to $548.4 million, while first-half sales increased 7%. Management said growth initiatives and market conditions have kept the company on track for mid-single-digit full-year revenue growth. Minerals Technologies Announces 2026 Second Quarter Financial Results
• Positive Sentiment: Adjusted EPS increased 3% year over year to $1.60, and adjusted EBITDA reached $99.2 million. Cash generation also improved substantially, with first-half free cash flow of $44.8 million versus $11.1 million a year earlier.
• Positive Sentiment: The Engineered Solutions segment was a key strength: sales climbed 9% and operating income rose 12% excluding special items, producing a record 17.8% operating margin. Environmental & Infrastructure sales rose 15%, supported by building materials and infrastructure demand.
• Positive Sentiment: Management said pricing actions are in place to offset inflationary cost increases and restore margins during the second half. A September 22 Investor Day could provide additional details on growth initiatives and new applications. Minerals Technologies Reports Q2 Sales Growth
• Neutral Sentiment: Zacks highlighted MTX’s value-investing characteristics, but the article did not provide a new rating or a specific estimate revision. Is Minerals Technologies a Great Value Stock Right Now?
• Negative Sentiment: Adjusted EPS of $1.60 missed the $1.64 consensus estimate, and revenue came in below the approximately $558.8 million expectation. Minerals Technologies Q2 Earnings and Revenues Miss Estimates
• Negative Sentiment: MTX reported a $5.90 per-share loss and a $220 million operating loss after recording a $290 million reserve increase for talc-related claims and subsidiary BMI OldCo’s Chapter 11 proceedings. Consumer & Specialties sales declined 1%, while segment operating income fell 21% excluding special items because of inflation and unfavorable mix.

Institutional Investors Weigh In On Minerals Technologies

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC boosted its position in Minerals Technologies by 626.8% during the second quarter. EverSource Wealth Advisors LLC now owns 596 shares of the basic materials company’s stock valued at $33,000 after purchasing an additional 514 shares during the last quarter. Danske Bank A S bought a new stake in shares of Minerals Technologies during the 3rd quarter worth approximately $56,000. Strs Ohio bought a new stake in shares of Minerals Technologies during the 1st quarter worth approximately $70,000. Smartleaf Asset Management LLC boosted its holdings in shares of Minerals Technologies by 136.2% in the 2nd quarter. Smartleaf Asset Management LLC now owns 1,278 shares of the basic materials company’s stock valued at $71,000 after buying an additional 737 shares during the last quarter. Finally, iSAM Funds UK Ltd acquired a new stake in shares of Minerals Technologies in the 3rd quarter valued at approximately $124,000. 97.29% of the stock is owned by institutional investors.

About Minerals Technologies

Minerals Technologies Inc develops, produces and processes a broad range of mineral-based products and solutions that serve a variety of industrial applications. Its offerings include bentonite, perlite, precipitated calcium carbonate (PCC), mineral sands, foundry additives, performance minerals and specialty chemicals designed to enhance performance in markets such as paper, steel, construction, oil and gas, environmental remediation and consumer products.

The company operates through several business segments, including Specialty Minerals, Refractory Minerals, Performance Materials and Recycled Materials.