Minerals Tech Stock Price, News & Analysis

Minerals Technologies Inc. (NYSE: MTX) has announced the release date for its third quarter 2024 financial results. The company will disclose its results for the quarter ending September 27, 2024, on Thursday, October 24, 2024, after the market closes. Following the release, MTI will host a conference call on Friday, October 25, 2024, at 11:00 a.m. Eastern Time to discuss the quarterly performance. Investors and interested parties can access the conference call via webcast through the company's investor relations website at https://investors.mineralstech.com/quarterly-results-conference-calls.

Minerals Technologies Inc. (NYSE: MTX) hosted an Innovation Day for investors and analysts on September 24 at its R&D Center in Hoffman Estates, Illinois. The event showcased MTI's differentiated global mineral reserves, core technologies, application expertise, and customer collaboration that support its market leadership and long-term growth. Presentations highlighted MTI's latest innovations and tailored solutions, including:

• Data analytics and technical service capabilities
• Custom cat litter formulations and packaging solutions
• Bleaching earth for edible oils and renewable fuels
• Personal care ingredients
• Water treatment technologies
• Foundry green sand bonds and metalcasting services

CEO Doug T. Dietrich emphasized how the event demonstrated MTI's core technical capabilities and innovation's role in supporting long-term growth. More information about MTI's products and investor presentations is available on their website.

Minerals Technologies Inc. (NYSE: MTX) has announced its participation in the Gabelli Funds 2nd Annual PFAS Symposium, scheduled for September 26, 2024, in New York City. Three key MTI leaders - Barry Shadrix, Michael Donovan, and Michael Kozak - will present at 11:45am ET at The Harvard Club. The presentation will focus on MTI's proprietary FLUORO-SORB® adsorbent technology, which offers an effective solution for PFAS remediation in water and soil.

The company highlights that its technology has been proven effective through real-world applications and university studies worldwide. Interested parties can access additional details, presentation materials, and registration information through the MTX Events & Presentations page. For more information about Minerals Technologies' FLUORO-SORB® and PFAS solutions, visitors are directed to the company's dedicated website.

Minerals Technologies (NYSE: MTX) has introduced SIVO™ as the new brand name for its growing global pet care business. SIVO™ is positioned as the leading global supplier of cat litter to both private label partners and recognized brands. The brand benefits from strategically located mining, processing, and packaging capabilities serving regional markets and customers across over 55 countries.

SIVO™ focuses on enhancing pet owners' lives by providing solutions for health, odor control, and hygiene, contributing to cleaner, healthier homes. The brand leverages Minerals Technologies' deep application expertise and technical capabilities to deliver innovative pet solutions. SIVO™ operates bentonite mines, processing and packaging plants in North America, EMEA, and Asia, along with several state-of-the-art R&D centers.

Minerals Technologies Inc. (NYSE: MTX) has announced its participation in three upcoming investor conferences in September 2024:

• Jefferies Industrial Conference in New York on September 4
• CL King's 22nd Annual Best Ideas Conference Virtual Event on September 16
• Sidoti Small Cap Virtual Conference on September 19

CEO Douglas T. Dietrich will present at the Jefferies conference and participate in a fireside chat at the CL King event. The company will be represented by Dietrich, CFO Erik Aldag, and VP of Investor Relations Lydia Kopylova at all events. These conferences provide opportunities for one-on-one meetings with individual investors. For registration, additional details, and presentation materials, interested parties can visit the MTX Events & Presentations page.

Minerals Technologies Inc. (NYSE: MTX) has announced its participation in the Seaport Research Partners Annual Summer Investor Conference on August 20th, 2024. The company's top executives, including Chairman and CEO Douglas T. Dietrich and CFO Erik Aldag, will be hosting a virtual fireside chat at 1:15 PM ET. Additionally, they will be available for one-on-one meetings with investors throughout the day. This event provides an opportunity for investors to gain insights into MTX's operations and future strategies directly from its leadership team.

Minerals Technologies Inc. (NYSE: MTX) reported strong Q2 2024 financial results, with record earnings per share of $1.65 excluding special items, up 26% year-over-year. Worldwide net sales reached $541 million, a 1% increase on an underlying basis. Operating income excluding special items was a record $85 million, up 20% from the prior year, representing 15.7% of sales. The Consumer & Specialties segment saw 3% underlying growth, while the Engineered Solutions segment experienced a 2% decline. The company's performance was driven by favorable volume and mix, productivity improvements, and disciplined pricing and cost control.

Minerals Technologies Inc. (NYSE: MTX) has released its 16th annual Corporate Responsibility and Sustainability Report, showcasing significant progress in ESG priorities. The report highlights:

• Advancement towards 2025 emission and discharge targets
• Initiation of the Science Based Targets initiative (SBTi)
• Initial reporting of Scope 3 Value Chain Emissions estimates
• Expansion of sustainable products and solutions portfolio

The report emphasizes MTI's commitment to sustainability, which is integral to its values, business practices, and strategy. It covers key areas including people and communities, sustainable growth, environmental conservation, and governance. CEO Douglas T. Dietrich emphasized how sustainability shapes their innovative product development and supports global customers in achieving environmental targets.

Minerals Technologies (NYSE: MTX) has declared a regular quarterly dividend of $0.10 per share on its common stock. The dividend will be payable on September 06, 2024, to stockholders of record at the close of business on August 16, 2024. This announcement demonstrates MTI's commitment to returning value to shareholders through consistent dividend payments. The declaration of a quarterly dividend is often seen as a sign of financial stability and confidence in the company's future prospects.