2 weeks Ago By Defense World Staff
Charles Schwab Investment Management Inc. boosted its position in Minerals Technologies Inc. (NYSE:MTX – Free Report) by 0.
5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 555,157 shares of the basic materials company’s stock after acquiring an additional 2,647 shares during the period. Charles Schwab Investment Management Inc.
owned 1.74% of Minerals Technologies worth $42,309,000 at the end of the most recent reporting period. Other large investors have also added to or reduced their stakes in the company.
Smartleaf Asset Management LLC grew its holdings in Minerals Technologies by 181.1% in the 4th quarter. Smartleaf Asset Management LLC now owns 506 shares of the basic materials company’s stock worth $38,000 after acquiring an additional 326 shares during the last quarter.
Blue Trust Inc. lifted its position in shares of Minerals Technologies by 21.4% in the 4th quarter.
Blue Trust Inc. now owns 1,009 shares of the basic materials company’s stock worth $78,000 after purchasing an additional 178 shares during the period. Venturi Wealth Management LLC purchased a new stake in shares of Minerals Technologies in the 4th quarter worth about $78,000.
KBC Group NV lifted its position in shares of Minerals Technologies by 43.9% in the 4th quarter. KBC Group NV now owns 1,478 shares of the basic materials company’s stock worth $113,000 after purchasing an additional 451 shares during the period.
Finally, SG Americas Securities LLC purchased a new stake in shares of Minerals Technologies in the 4th quarter worth about $145,000. Institutional investors own 97.29% of the company’s stock.
Minerals Technologies Trading Up 1.4 %Shares of NYSE MTX opened at $67.47 on Friday.
Minerals Technologies Inc. has a 1 year low of $65.64 and a 1 year high of $90.
29. The stock has a market cap of $2.15 billion, a P/E ratio of 13.
02 and a beta of 1.28. The firm has a 50-day moving average of $72.
53 and a 200 day moving average of $75.68. The company has a debt-to-equity ratio of 0.
54, a current ratio of 2.84 and a quick ratio of 1.98.
Minerals Technologies (NYSE:MTX – Get Free Report) last released its quarterly earnings data on Thursday, February 6th. The basic materials company reported $1.50 earnings per share for the quarter, beating analysts’ consensus estimates of $1.
39 by $0.11. Minerals Technologies had a net margin of 7.
89% and a return on equity of 11.49%. As a group, sell-side analysts expect that Minerals Technologies Inc.
will post 6.62 EPS for the current fiscal year. Minerals Technologies Dividend AnnouncementThe business also recently declared a quarterly dividend, which was paid on Friday, March 7th.
Stockholders of record on Friday, February 14th were paid a $0.11 dividend. The ex-dividend date of this dividend was Friday, February 14th.
This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.65%.
Minerals Technologies’s dividend payout ratio is presently 8.49%. Analyst Upgrades and DowngradesSeveral equities research analysts have recently commented on MTX shares.
Truist Financial dropped their target price on shares of Minerals Technologies from $103.00 to $101.00 and set a “buy” rating for the company in a research report on Monday, February 10th.
StockNews.com raised shares of Minerals Technologies from a “hold” rating to a “buy” rating in a research report on Tuesday.Get Our Latest Analysis on Minerals TechnologiesAbout Minerals Technologies (Free Report)Minerals Technologies Inc develops, produces, and markets various mineral, mineral-based, and related systems and services.
The company operates through two segments, Consumer & Specialties, and Engineered Solutions segments. The Consumer & Specialties segment offers household and personal care products, such as pet litter, personal care, fabric care, edible oil and other fluid purification, animal health, and agricultural products; and specialty additives products, including precipitated calcium carbonate and ground calcium carbonate products that are used in the paper, paperboard, and fiber based packaging industries, as well as automotive, construction, and table and food applications.Featured ArticlesFive stocks we like better than Minerals TechnologiesHigh Flyers: 3 Natural Gas Stocks for March 2022Rubrik Stock’s V-Bottom Reversal Signals a Major Rally AheadCanadian Penny Stocks: Can They Make You Rich? How Super Micro Computer Stock Is Defying the Market Sell-OffShould You Add These Warren Buffett Stocks to Your Portfolio?AppLovin vs.
HPE: Which Tech Stock Can Bounce Back Faster?Want to see what other hedge funds are holding MTX? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Minerals Technologies Inc. (NYSE:MTX – Free Report).
.
