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Minerals Technologies (MTX) Stock News

MTX NYSE

Minerals Technologies Inc. reports developments for a global specialty minerals business that develops, produces, and markets minerals and mineral-based products and services for consumer and industrial markets. The company operates through Consumer & Specialties, including Household & Personal Care and Specialty Additives, and Engineered Solutions, including High-Temperature Technologies and Environmental & Infrastructure.

Recurring MTX news includes quarterly results, conference-call announcements, dividend declarations, investor-conference participation, and capacity updates for paper and packaging satellite plants. Company updates also describe mineral-to-market household products, specialty additives for paper, packaging, food, pharmaceuticals, coatings and construction, and process technologies used in manufacturing, environmental and infrastructure applications.

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Minerals Technologies (MTX) will host its third-quarter 2026 results conference call on October 30, 2026, at 11 a.m. Eastern Time.

Results for the quarter ended October 4, 2026, will be released on October 29, 2026, after market close. The webcast and presentation materials will be available through the company’s Investor Relations page. A replay will be available from 2 p.m. Eastern Time on October 30 for one year.

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Minerals Technologies (NYSE: MTX) priced a private offering of $400 million in senior notes to refinance outstanding debt.

The notes carry a 7.500% interest rate, mature in 2032 and will be offered at 100.000% of principal. Closing is expected on October 13, 2026, subject to customary conditions. The company intends to use net proceeds and cash on hand to redeem all outstanding 5.000% senior notes due 2028 and pay transaction fees and expenses for the offering and concurrent amendment and extension of its revolving credit facility. Guarantees will come from wholly owned domestic restricted subsidiaries that are obligors or guarantors under its senior secured credit facilities or certain other debt.

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Minerals Technologies (MTX) has commenced a private offering of $400 million in senior notes due 2034, subject to market and other conditions. The company intends to use net proceeds and cash on hand to redeem all outstanding 5.000% senior notes due 2028 and pay transaction fees and expenses related to the offering and the concurrent amendment and extension of its revolving credit facility.

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Minerals Technologies (MTX) reiterated its long-term growth targets and presented new mineral-processing applications at its September 22, 2026, Investor Day.

The company has developed a process to make high-purity calcium metal for heavy rare earth metallization. It already produces calcium metal in the United States for high-strength steel. Minerals Technologies estimates the high-purity opportunity could generate over $100 million in incremental revenue in the next several years.

The company also presented an application of its waste-repurposing technology to steel slag, producing minerals including magnesium and manganese. It estimates the U.S. total addressable market for that opportunity at greater than $250 million.

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Minerals Technologies (MTX) will host its 2026 Investor Day on Tuesday, September 22, 2026, at its research and development center in Bethlehem, Pennsylvania.

The event runs from 1:00 p.m. to approximately 2:30 p.m. ET via live webcast, followed by an in-person tour of MTI’s R&D facilities. Investors can participate in person or online, with webcast registration available through the 2026 Investor Day registration link and via the Investors - Events & Presentations section of MTI’s website. Presentations by MTI’s executive management, product line leaders, and R&D leaders will cover innovation, new growth initiatives, and long-term value creation opportunities.

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Minerals Technologies (NYSE: MTX) announced that CETCO’s proprietary FLUORO-SORB® adsorbent has been selected as a 2026 recipient of the Water Environment Federation (WEF) Innovative Technology Award. The bentonite-based media is designed for PFAS remediation in drinking water, landfill leachate, wastewater, and contaminated soil and groundwater, and is NSF/ANSI/CAN Standard 61-certified.

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Minerals Technologies (NYSE: MTX) will host its 2026 Investor Day on Tuesday, September 22, 2026, at its R&D center in Bethlehem, Pennsylvania. The in-person and live webcast event will feature management presentations, growth and strategy updates, product line spotlights, and live R&D demonstrations.

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Minerals Technologies (NYSE: MTX) reported 2026 second quarter net sales of $548.4 million, up 4% year-over-year, and first-half sales of $1.10 billion, up 7%. The company posted a loss per share of $5.90, or $1.60 earnings per share excluding special items, a 3% increase over the prior year.

Reported operating loss was $220 million, reflecting a $290 million charge to increase reserves for estimated talc-related trust funding and related Chapter 11 costs, implying about $75 million in operating income excluding special items. Consumer & Specialties sales declined 1% to $275 million with operating income down 21% excluding special items, while Engineered Solutions sales rose 9% to $274 million with operating income up 12% and a record 17.8% margin.

According to Minerals Technologies, adjusted net leverage was 1.6x. The company published its 18th Sustainability Report, citing 2018‑2025 reductions of 34% in Scope 1 emissions, 42% in Scope 2, 31% in water withdrawals, 56% in water discharge, and 44% in landfill waste, and set new 10‑year environmental targets through 2035. An Investor Day is scheduled for September 22, 2026 at its Bethlehem, Pennsylvania R&D facility.

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Minerals Technologies (NYSE: MTX) released its 18th Sustainability Report, confirming it achieved all 12 environmental targets set in 2018 and detailing strong 2025 performance in emissions, waste, water, and safety. The company also introduced new 10-year environmental targets to guide sustainability efforts from 2025 through 2035.

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Minerals Technologies (NYSE: MTX) announced that its Board of Directors has declared a regular quarterly cash dividend of $0.12 per share on the company’s outstanding common stock. The dividend is payable on September 4, 2026 to shareholders of record as of the close of business on August 14, 2026.

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FAQ

What is the current stock price of Minerals Technologies (MTX)?

Minerals Technologies (MTX) last closed at $63.6.

What is the market cap of Minerals Technologies (MTX)?

The market cap of Minerals Technologies (MTX) is approximately $2.0B.