Minerals Technologies Stock News

Minerals Technologies (MTX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

NEW YORK, Jan. 17, 2022 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) announced today that it will release results for its fourth quarter ended December

NEW YORK, Jan. 17, 2022 (GLOBE NEWSWIRE) -- Minerals Technologies Inc. (NYSE: MTX) (“MTI” or “the Company”) announced today that it will release results for its fourth quarter ended December 3

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest

Minerals Technologies Inc. (NYSE:MTX) was the target of a large decrease in short interest in November. As of November 30th, there was short interest totalling 306,600 shares, a decrease of 22.0% from the November 15th total of 393,300 shares. Currently, 0.9% of the shares of the stock are short sold. Based on an average daily []

Minerals Technologies Inc. (NYSE:MTX) SVP Thomas J. Meek sold 16,814 shares of the firms stock in a transaction dated Wednesday, December 15th. The stock was sold at an average price of $71.05, for a total value of $1,194,634.70. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. []

Minerals Technologies Inc. found using ticker (MTX) have now 5 analysts covering the stock. The analyst consensus points to a rating of ''Buy''. The range between the high target price and low target price is between 100 and 80 with a mean TP of 91.4. With the stocks previous close at 72.05 this would imply there is a potential upside of 26.9%. The 50 day moving average now sits at 71.79 and the 200 day MA is 76.57. The market capitalisation for the company is $2,410m. You can visit the company''s website by visiting: https://www.mineralstech.com [stock_market_widget type="chart" symbol="MTX" chart="bar" range="6mo" interval="1d" line-color="rgb(49, 125, 189)"] Minerals Technologies Inc. develops, produces, and markets various specialty mineral, mineral-based, and synthetic mineral products, and supporting systems and services. The company''s Performance Materials segment supplies bentonite and bentonite-related products, as well as chromite and leonardite. This segment offers metal casting products; household, personal care, and specialty products; and basic minerals, environmental products, and building materials.

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Parametric Portfolio Associates LLC boosted its position in shares of Minerals Technologies Inc. (NYSE:MTX) by 1.4% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 88,518 shares of the basic materials companys stock after purchasing an additional 1,245 shares during the quarter. []

Royal Bank of Canada decreased its position in shares of Minerals Technologies Inc. (NYSE:MTX) by 10.0% during the second quarter, HoldingsChannel reports. The firm owned 13,512 shares of the basic materials companys stock after selling 1,504 shares during the period. Royal Bank of Canadas holdings in Minerals Technologies were worth $1,064,000 at the end of []

Brokerages expect Minerals Technologies Inc. (NYSE:MTX) to post $1.20 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Three analysts have provided estimates for Minerals Technologies earnings. The lowest EPS estimate is $1.17 and the highest is $1.24. Minerals Technologies reported earnings of $1.08 per share in the same quarter last []

Foundry Partners LLC cut its position in shares of Minerals Technologies Inc. (NYSE:MTX) by 4.6% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 157,045 shares of the basic materials companys stock after selling 7,490 shares during the period. Foundry Partners []

Wells Fargo & Company MN cut its stake in Minerals Technologies Inc. (NYSE:MTX) by 4.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 414,252 shares of the basic materials companys stock after selling 21,088 shares during the quarter. Wells Fargo & Company MNs []