Seaport Res Ptn Has Pessimistic Outlook of MTX Q1 Earnings

Minerals Technologies Inc. (NYSE:MTX) – Stock analysts at Seaport Res Ptn decreased their Q1 2025 EPS estimates for Minerals Technologies in a research report issued to clients and investors on Monday, April 21st. Seaport Res Ptn analyst M. Harrison now expects that the basic materials company will post earnings of $1.16 per share for the quarter, down from their prior forecast of $1.30. 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 $1.63 EPS, Q3 2025 earnings at $1.62 EPS, Q4 2025 earnings at $1.57 EPS, FY2025 earnings at $5.97 EPS and FY2026 earnings at $6.99 EPS.

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

A number of other equities research analysts have also recently commented on MTX. Truist Financial decreased their target price on shares of Minerals Technologies from $101.00 to $92.00 and set a “buy” rating for the company in a research report on Monday, April 14th. StockNews.com lowered Minerals Technologies from a “buy” rating to a “hold” rating in a report on Wednesday, April 9th.

Minerals Technologies Stock Performance

MTX stock opened at $57.57 on Wednesday. Minerals Technologies has a one year low of $52.40 and a one year high of $90.30. The firm has a market cap of $1.83 billion, a price-to-earnings ratio of 11.11 and a beta of 1.25. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.98 and a current ratio of 2.84. The firm has a 50-day simple moving average of $63.73 and a two-hundred day simple moving average of $72.81.

Hedge Funds Weigh In On Minerals Technologies

Several hedge funds have recently modified their holdings of MTX. Smartleaf Asset Management LLC grew its position in Minerals Technologies by 181.1% during the 4th 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 during the last quarter. Quarry LP grew its holdings in shares of Minerals Technologies by 536.5% during the fourth quarter. Quarry LP now owns 732 shares of the basic materials company’s stock valued at $56,000 after buying an additional 617 shares during the last quarter. Blue Trust Inc. increased its position in shares of 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 period. Venturi Wealth Management LLC acquired a new position in shares of Minerals Technologies in the 4th quarter valued at $78,000. Finally, KBC Group NV raised its stake in Minerals Technologies by 43.9% in the 4th quarter. KBC Group NV now owns 1,478 shares of the basic materials company’s stock worth $113,000 after acquiring an additional 451 shares during the last quarter. Institutional investors and hedge funds own 97.29% of the company’s stock.

About Minerals Technologies

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.