Minerals Technologies (MTX)

• Market cap: $2.41B
• 1 day: -0.38%
• 5 days: -3.90%
• 1 month: -5.36%
• 3 months: 3.52%
• 6 months: -9.82%
• Year to date: 7.64%
• 1 year: 11.78%
• 5 years: 30.67%
• 10 years: 7.14%
• Sector: Materials
• Industry: Industrial Inorganic Chemicals

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 Q3 regulatory filings by fund managers ($100M+ AUM)

0% more funds holding in top 10

Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]

2% less funds holding

Funds holding: 272 [Q2] → 267 (-5) [Q3]

2.75% less ownership

Funds ownership: 97.86% [Q2] → 95.11% (-2.75%) [Q3]

10% less capital invested

Capital invested by funds: $2.62B [Q2] → $2.36B (-$261M) [Q3]

15% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 34

15% less repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 101

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $97 28% upside
• Avg. target: $97 28% upside
• High target: $97 28% upside

1 analyst rating

• positive: 1 100%
• neutral: 0 0%
• negative: 0 0%

Seaport Global Michael Harrison 71% 1-year accuracy 5 / 7 met price target

28% upside $97

Buy Maintained

28 Oct 2024