Minerals TechnologiesMTX
Market Cap: $2.33B
About: Minerals Technologies Inc mines, produces, and sells mineral-based products. The firm organizes itself into three segments based on product type. The specialty minerals segment, sells calcium carbonate, limestone, and talc, which is used in the paper, building materials, paint, automotive, and pharmaceutical industries. The refractories segment sells products for steel furnaces. The performance materials segment sells bentonite used in steel alloy casting and household products including cat litter. The majority of revenue comes from the United States.
Employees: 4,027
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
96% more first-time investments, than exits
New positions opened: 45 | Existing positions closed: 23
10% more capital invested
Capital invested by funds: $2.36B [Q1] → $2.59B (+$228M) [Q2]
9% more funds holding
Funds holding: 249 [Q1] → 271 (+22) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]
0.54% less ownership
Funds ownership: 97.08% [Q1] → 96.54% (-0.54%) [Q2]
9% less repeat investments, than reductions
Existing positions increased: 88 | Existing positions reduced: 97
Research analyst outlook
We haven’t received any recent analyst ratings for MTX.