Seaport Res Ptn Has Bearish Forecast for MTX Q1 Earnings

Minerals Technologies Inc. (NYSE:MTX) – Investment analysts at Seaport Res Ptn lowered their Q1 2025 earnings estimates for shares of Minerals Technologies in a note issued to investors on Wednesday, March 5th. Seaport Res Ptn analyst M. Harrison now forecasts that the basic materials company will post earnings per share of $1.30 for the quarter, down from their previous estimate 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 announced its quarterly earnings data on Thursday, February 6th. The basic materials company reported $1.50 EPS for the quarter, beating 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%.

Other research analysts have also issued research reports about the company. StockNews.com lowered Minerals Technologies from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. Truist Financial cut their price target 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.

Minerals Technologies Stock Performance

Shares of MTX stock opened at $67.91 on Thursday. The company has a current ratio of 2.84, a quick ratio of 1.98 and a debt-to-equity ratio of 0.54. The stock has a 50 day simple moving average of $73.40 and a 200-day simple moving average of $75.97. The company has a market cap of $2.17 billion, a price-to-earnings ratio of 13.11 and a beta of 1.28. Minerals Technologies has a 12-month low of $66.33 and a 12-month high of $90.29.

Minerals Technologies Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 7th. Stockholders of record on Friday, February 14th were paid 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 of this dividend was Friday, February 14th. Minerals Technologies’s dividend payout ratio (DPR) is 8.49%.

Hedge Funds Weigh In On Minerals Technologies

Several hedge funds have recently bought and sold shares of the company. Smartleaf Asset Management LLC boosted its position in Minerals Technologies by 181.1% during the fourth quarter. Smartleaf Asset Management LLC now owns 506 shares of the basic materials company’s stock worth $38,000 after purchasing an additional 326 shares in the last quarter. Quarry LP boosted its position in shares of Minerals Technologies by 536.5% in the 4th quarter. Quarry LP now owns 732 shares of the basic materials company’s stock worth $56,000 after buying an additional 617 shares in the last quarter. Blue Trust Inc. grew its stake in Minerals Technologies by 21.4% in the 4th quarter. Blue Trust Inc. now owns 1,009 shares of the basic materials company’s stock valued at $78,000 after acquiring an additional 178 shares during the last quarter. Venturi Wealth Management LLC purchased a new position in Minerals Technologies during the 4th quarter valued at about $78,000. Finally, KBC Group NV increased its holdings in Minerals Technologies by 43.9% during the 4th quarter. KBC Group NV now owns 1,478 shares of the basic materials company’s stock valued at $113,000 after acquiring an additional 451 shares in the last quarter. 97.29% of the stock is owned by hedge funds and other institutional investors.

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.