Carolyn Pittman Increases Stake in Minerals Technologies Inc.
Carolyn Pittman bought shares of Minerals Technologies Inc. on June 18, 2026.
Key Points
- Carolyn Pittman purchased 32 shares of Minerals Technologies Inc. (MTX) on June 18, 2026, with shares trading near $77.82.
- Minerals Technologies Inc. has a market cap of about $2.39 billion and a P/E ratio of 15.16, with a 52-week range between $53.11 and $84.34.
- Truist Securities maintained a buy rating for MTX with a $90 target on May 4, 2026, amid strong insider buying activity.
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Carolyn Pittman recently bought 32 shares of Minerals Technologies Inc. (NYSE: MTX) on June 18, 2026. The shares were trading near $77.82 on Tuesday. This transaction adds to a series of insider purchases at the company.
Insider Buying and Selling at Minerals Technologies Inc.
The purchase by Carolyn Pittman was part of a broader insider buying spree on June 18, 2026. Other insiders, including Marc Robinson and Robert Clark, also bought shares, with Robinson purchasing 41 shares and Clark buying 51 shares. These transactions were not made under a pre-planned trading program.
Minerals Technologies Inc. Stock Up 8.0%
Shares of NYSE:MTX traded near $77.82 on Tuesday. The company, which operates in the specialty chemicals industry, has a market cap of approximately $2.39 billion. It sports a P/E ratio of 15.16, with a forward P/E of 10.81, and a beta of 1.144. The stock has fluctuated between a 52-week low of $53.11 and a high of $84.34. It maintains a 50-day moving average of $75.78 and a 200-day moving average of $66.93.
$MTX stock price
Daily closing prices, year to date. Not investment advice.
Analysts Set New Price Targets
On May 4, 2026, Truist Securities maintained its buy rating on MTX with a price target of $90. The average target price among analysts is $94.25, based on four opinions, reflecting a strong buy consensus. This positive outlook comes amidst recent insider activity and stable financial performance.
About Minerals Technologies Inc.
Minerals Technologies Inc., headquartered in New York, develops and markets a variety of mineral-based products and services. It operates through two main segments: Consumer & Specialties and Engineered Solutions. The company offers products ranging from personal care items to high-temperature technology products for industrial applications. Founded in 1968, it employs about 4,000 people and serves markets across the Americas, Europe, Africa, and Asia.
Bottom Line
Insider buying activity at Minerals Technologies Inc. indicates confidence from within the company as it continues to operate in the specialty chemicals sector. With a strong market position and positive analyst ratings, investors are closely watching MTX. Remember, insider transactions are disclosed after they occur and may not reflect future intentions.
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