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

Minerals Technologies (NYSE:MTX) updated its third quarter 2026 earnings guidance on Friday. The company provided earnings per share (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 Stock Up 5.1%

Shares of NYSE:MTX traded up $3.67 during midday trading on Friday, hitting $76.19. The stock had a trading volume of 1,158,667 shares, compared to its average volume of 219,211. Minerals Technologies has a 12 month low of $53.94 and a 12 month high of $84.34. The company has a quick ratio of 1.47, a current ratio of 2.13 and a debt-to-equity ratio of 0.54. The business’s 50-day simple moving average is $75.63 and its 200-day simple moving average is $72.73. The company has a market cap of $2.36 billion, a P/E ratio of 14.74 and a beta of 1.15.

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

Minerals Technologies Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 4th. Stockholders of record on Friday, August 14th will be paid a dividend of $0.12 per share. The ex-dividend date is Friday, August 14th. This represents a $0.48 annualized dividend and a dividend yield of 0.6%. Minerals Technologies’s payout ratio is currently 9.28%.

Analyst Upgrades and Downgrades

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

Insider Activity

In other news, VP Timothy Jordan sold 6,000 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $80.27, for a total value of $481,620.00. Following the transaction, the vice president owned 1,279 shares of the company’s stock, valued at approximately $102,665.33. This 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 can be accessed through this link. 3.70% of the stock is currently owned by corporate insiders.

Key Stories Impacting Minerals Technologies

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

• Positive Sentiment: Underlying Q2 earnings improved: Adjusted EPS rose 3% year over year to $1.60, despite the $290 million charge related to talc litigation and the Chapter 11 proceedings of BMI OldCo. Minerals Technologies Announces 2026 Second Quarter Financial Results
• Positive Sentiment: Sales and cash flow remain constructive: Second-quarter revenue increased 4% to $548.4 million, first-half sales grew 7%, and first-half free cash flow rose to $44.8 million from $11.1 million a year earlier.
• Positive Sentiment: Engineered Solutions performed well: Segment sales climbed 9% and operating income increased 12% excluding special items, supported by stronger steel, foundry, infrastructure, and building-material demand.
• Positive Sentiment: Financial flexibility and future catalysts: MTX reported adjusted net leverage of 1.6 times and plans to hold an Investor Day on September 22, where it will outline growth initiatives and new applications.
• Neutral Sentiment: Value-stock attention: A Zacks article discussed whether MTX remains attractive based on valuation, earnings revisions, growth, and momentum factors, but it did not provide a specific new rating or price target. Is Minerals Technologies a Great Value Stock Right Now?
• Negative Sentiment: Q2 results missed estimates: Adjusted EPS of $1.60 trailed consensus of $1.64, while revenue of $548.4 million fell short of expectations near $559 million. Minerals Technologies Q2 Earnings and Revenues Miss Estimates
• Negative Sentiment: Third-quarter guidance was lowered relative to expectations: MTX forecast EPS of $1.55-$1.60 versus consensus of $1.74 and revenue of approximately $550 million versus estimates of $561.7 million.
• Negative Sentiment: Costs and legal exposure remain risks: Inflation pressured Consumer & Specialties margins, whose sales declined 1%, while the talc-related reserve increased reported Q2 losses to $5.90 per share and produced a $220 million operating loss.

Institutional Trading of Minerals Technologies

Several institutional investors have recently added to or reduced their stakes in MTX. Hsbc Holdings PLC increased its position in Minerals Technologies by 4.5% during the 4th quarter. Hsbc Holdings PLC now owns 4,514 shares of the basic materials company’s stock worth $276,000 after buying an additional 193 shares during the period. Invesco Ltd. boosted its position in shares of Minerals Technologies by 6.8% in the fourth quarter. Invesco Ltd. now owns 134,906 shares of the basic materials company’s stock valued at $8,223,000 after acquiring an additional 8,535 shares during the period. Mercer Global Advisors Inc. ADV boosted its position in shares of Minerals Technologies by 19.3% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 7,060 shares of the basic materials company’s stock valued at $430,000 after acquiring an additional 1,141 shares during the period. EP Wealth Advisors LLC acquired a new position in shares of Minerals Technologies in the fourth quarter valued at about $275,000. Finally, Mackenzie Financial Corp acquired a new position in shares of Minerals Technologies in the fourth quarter valued at about $217,000. 97.29% of the stock is currently 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.