Rep. Gilbert Ray Cisneros, Jr. Acquires Minerals Technologies Inc. (NYSE:MTX) Shares

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Minerals Technologies Inc. (NYSE:MTX). In a filing disclosed on September 04th, the Representative disclosed that they had bought between $1,001 and $15,000 in Minerals Technologies stock on July 10th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Mesabi Trust (NYSE:MSB) on 7/31/2026.
• Purchased $1,001 – $15,000 in shares of Praxis Precision Medicines (NASDAQ:PRAX) on 7/30/2026.
• Purchased $15,001 – $50,000 in shares of Alkermes (NASDAQ:ALKS) on 7/30/2026.
• Sold $15,001 – $50,000 in shares of Crinetics Pharmaceuticals (NASDAQ:CRNX) on 7/30/2026.
• Sold $100,001 – $250,000 in shares of Alibaba Group (NYSE:BABA) on 7/24/2026.
• Sold $1,001 – $15,000 in shares of Adobe (NASDAQ:ADBE) on 7/24/2026.
• Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 7/21/2026.
• Purchased $1,001 – $15,000 in shares of SailPoint (NASDAQ:SAIL) on 7/21/2026.
• Purchased $1,001 – $15,000 in shares of Glacier Bancorp (NYSE:GBCI) on 7/21/2026.
• Sold $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 7/21/2026.

Minerals Technologies Stock Up 0.2%

MTX opened at $71.91 on Tuesday. The stock has a market cap of $2.24 billion, a PE ratio of -33.14 and a beta of 1.14. The company has a quick ratio of 1.00, a current ratio of 1.43 and a debt-to-equity ratio of 0.60. Minerals Technologies Inc. has a 52 week low of $53.94 and a 52 week high of $84.34. The business’s fifty day simple moving average is $73.16 and its 200 day simple moving average is $73.40.

Minerals Technologies (NYSE:MTX) last issued its quarterly earnings results on Thursday, July 30th. The basic materials company reported $1.60 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.64 by ($0.04). The firm had revenue of $548.40 million for the quarter, compared to the consensus estimate of $558.77 million. Minerals Technologies had a positive return on equity of 10.63% and a negative net margin of 3.13%.The company’s revenue for the quarter was up 3.7% on a year-over-year basis. During the same period last year, the firm earned $1.55 EPS. As a group, research analysts expect that Minerals Technologies Inc. will post 6.03 earnings per share for the current fiscal year.

Minerals Technologies Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Friday, August 14th were paid a $0.12 dividend. This represents a $0.48 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Friday, August 14th. Minerals Technologies’s dividend payout ratio (DPR) is currently -22.12%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on MTX shares. Weiss Ratings lowered Minerals Technologies from a “hold (c+)” rating to a “sell (d+)” rating in a research note on Monday, August 3rd. Wall Street Zen lowered shares of Minerals Technologies from a “strong-buy” rating to a “hold” rating in a report on Saturday, August 8th. One analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $90.00.

Hedge Funds Weigh In On Minerals Technologies

A number of hedge funds have recently modified their holdings of MTX. BlackRock Inc. purchased a new stake in Minerals Technologies in the 2nd quarter valued at about $361,721,000. California State Teachers Retirement System increased its holdings in shares of Minerals Technologies by 8,689.7% in the 2nd quarter. California State Teachers Retirement System now owns 2,494,860 shares of the basic materials company’s stock valued at $184,545,000 after acquiring an additional 2,466,476 shares during the period. SG Capital Management LLC raised its position in shares of Minerals Technologies by 137.1% in the 4th quarter. SG Capital Management LLC now owns 148,385 shares of the basic materials company’s stock worth $9,044,000 after acquiring an additional 548,385 shares in the last quarter. Bank of America Corp DE purchased a new position in Minerals Technologies in the second quarter valued at about $22,401,000. Finally, Bank of New York Mellon Corp bought a new position in Minerals Technologies in the second quarter worth about $20,237,000. 97.29% of the stock is currently owned by institutional investors.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Minerals Technologies Company Profile

Minerals Technologies Inc develops, produces and processes a broad range of mineral-based products and solutions that serve a variety of industrial applications. Its offerings include bentonite, perlite, precipitated calcium carbonate (PCC), mineral sands, foundry additives, performance minerals and specialty chemicals designed to enhance performance in markets such as paper, steel, construction, oil and gas, environmental remediation and consumer products.

The company operates through several business segments, including Specialty Minerals, Refractory Minerals, Performance Materials and Recycled Materials.