Insider Buying: Carolyn Pittman Adds MTX Shares
Carolyn Pittman buys 32 shares of MTX, with stock trading at $77.82.
Key Points
- On June 18, 2026, Carolyn Pittman bought 32 shares of MTX, with the stock trading at $77.82 on the NYSE.
- MTX has a market cap of $2.39 billion, a P/E ratio of 15.16, and a 52-week range between $53.11 and $84.34.
- BlackRock and FMR LLC adjusted their MTX positions, while analysts maintain strong buy ratings with price targets up to $105.
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On June 18, 2026, Carolyn Pittman purchased 32 shares of MTX, a company listed on the NYSE. The transaction was not part of a pre-planned trading program. This insider activity comes as the stock traded around $77.82 on Tuesday.
Insider Buying and Selling at Minerals Technologies Inc.
Several insiders, including Carolyn Pittman, engaged in buying activity on June 18, 2026. Marc Robinson bought 41 shares, Robert Clark acquired 51 shares, and John Carmola purchased 43 shares. Other insiders like Rocky Motwani and Joseph Breunig also added 12 and 33 shares, respectively. These transactions were not conducted under Rule 10b5-1 plans, indicating spontaneous investment decisions.
Other Institutional Activity in MTX
Institutional investors have been active in adjusting their positions in MTX. BlackRock, Inc. increased its holdings by 37,663 shares, bringing its total to 4,810,743 shares valued at approximately $341.2 million. FMR LLC made a significant move by adding 1,541,104 shares, now holding 4,264,458 shares worth about $302.4 million, a 56.6% increase. Dimensional Fund Advisors LP slightly reduced its position by 619 shares, maintaining 1,974,734 shares valued at $140 million. Vanguard Portfolio Management LLC opened a new position with 1,901,358 shares valued at $134.8 million, while Nomura Asset Management International Inc. decreased its holding by 109,701 shares to 1,454,905 shares, valued at $103.2 million.
Minerals Technologies Inc. Stock Up 8.0%
Shares of NYSE:MTX traded near $77.82 on Tuesday. Minerals Technologies Inc. has a market capitalization of about $2.39 billion and a P/E ratio of 15.16. The stock's 52-week range is between $53.11 and $84.34, with a 50-day moving average of $75.78 and a 200-day moving average of $66.93. The company maintains a current ratio of 2.13 and a quick ratio of 1.35, with a debt-to-equity ratio of 54.85.
$MTX stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
Minerals Technologies reported revenue of $2.13 billion with a growth rate of 11.2%. The company's earnings per share stand at $5.09, with a net margin of 7.6% and a return on equity of 9.8%. Investors are looking forward to the next earnings report scheduled for July 30, 2026.
Dividend
MTX offers an annual dividend rate of $0.48 per share, yielding 0.61%. The dividend payout ratio is a conservative 9.04%, reflecting its stable dividend policy.
Analysts Set New Price Targets
On May 4, 2026, Truist Securities maintained its buy rating for MTX with a price target of $90. The consensus among analysts is a strong buy, with a mean target price of $94.25, based on four analyst opinions.
About Minerals Technologies Inc.
Minerals Technologies Inc., headquartered in New York, develops and markets a variety of mineral and mineral-based products. The company operates through two main segments: Consumer & Specialties and Engineered Solutions. The former includes personal care and specialty additives, while the latter focuses on high-temperature technology products and environmental solutions. Led by CEO Douglas T. Dietrich, the company employs around 4,000 people and serves markets across the globe.
Bottom Line
Carolyn Pittman's recent purchase of MTX shares highlights insider interest in the company. Institutional investors like BlackRock and FMR LLC are also adjusting their stakes, showing varied confidence levels. With a strong buy consensus among analysts, MTX remains a stock to watch, though investors should remember that insider and institutional activities reflect past decisions.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.
