Rep. Gilbert Ray Cisneros, Jr. Buys Minerals Technologies Inc. (NYSE:MTX) Shares

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Minerals Technologies Inc. (NYSE:MTX). In a filing disclosed on September 04th, the Representative disclosed that they had bought between $1,001 and $15,000 in Minerals Technologies stock on July 10th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Mesabi Trust (NYSE:MSB) on 7/31/2026.
• Purchased $1,001 – $15,000 in shares of Praxis Precision Medicines (NASDAQ:PRAX) on 7/30/2026.
• Purchased $15,001 – $50,000 in shares of Alkermes (NASDAQ:ALKS) on 7/30/2026.
• Sold $15,001 – $50,000 in shares of Crinetics Pharmaceuticals (NASDAQ:CRNX) on 7/30/2026.
• Sold $100,001 – $250,000 in shares of Alibaba Group (NYSE:BABA) on 7/24/2026.
• Sold $1,001 – $15,000 in shares of Adobe (NASDAQ:ADBE) on 7/24/2026.
• Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 7/21/2026.
• Purchased $1,001 – $15,000 in shares of SailPoint (NASDAQ:SAIL) on 7/21/2026.
• Purchased $1,001 – $15,000 in shares of Glacier Bancorp (NYSE:GBCI) on 7/21/2026.
• Sold $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 7/21/2026.

Minerals Technologies Stock Performance

Shares of Minerals Technologies stock traded down $1.23 on Tuesday, hitting $70.53. The stock had a trading volume of 72,697 shares, compared to its average volume of 214,454. The stock has a market cap of $2.20 billion, a price-to-earnings ratio of -32.49 and a beta of 1.14. Minerals Technologies Inc. has a 52-week low of $53.94 and a 52-week high of $84.34. The company’s 50 day moving average price is $73.16 and its 200 day moving average price is $73.40. The company has a current ratio of 1.43, a quick ratio of 1.00 and a debt-to-equity ratio of 0.60.

Minerals Technologies (NYSE:MTX) last issued 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). Minerals Technologies had a positive return on equity of 10.63% and a negative net margin of 3.13%.The business had revenue of $548.40 million for the quarter, compared to analyst estimates of $558.77 million. During the same quarter in the prior year, the company earned $1.55 EPS. The firm’s revenue for the quarter was up 3.7% on a year-over-year basis. On average, research analysts anticipate that Minerals Technologies Inc. will post 6.03 EPS for the current year.

Minerals Technologies Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Friday, August 14th were given a $0.12 dividend. The ex-dividend date of this dividend was Friday, August 14th. This represents a $0.48 dividend on an annualized basis and a yield of 0.7%. Minerals Technologies’s payout ratio is -22.12%.

Hedge Funds Weigh In On Minerals Technologies

A number of large investors have recently modified their holdings of MTX. Allworth Financial LP purchased a new stake in Minerals Technologies during the 2nd quarter worth approximately $27,000. Global Retirement Partners LLC bought a new stake in shares of Minerals Technologies during the 2nd quarter valued at about $30,000. EverSource Wealth Advisors LLC lifted its holdings in shares of Minerals Technologies by 626.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 596 shares of the basic materials company’s stock worth $33,000 after purchasing an additional 514 shares during the last quarter. Parallel Advisors LLC boosted its stake in Minerals Technologies by 36.0% during the 1st quarter. Parallel Advisors LLC now owns 552 shares of the basic materials company’s stock valued at $39,000 after purchasing an additional 146 shares during the period. Finally, Persistent Asset Partners Ltd acquired a new stake in Minerals Technologies in the second quarter worth about $50,000. 97.29% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the company. Weiss Ratings cut Minerals Technologies from a “hold (c+)” rating to a “sell (d+)” rating in a research note on Monday, August 3rd. Wall Street Zen downgraded shares of Minerals Technologies from a “strong-buy” rating to a “hold” rating in a research report on Saturday, August 8th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $90.00.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Minerals Technologies Company Profile

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.