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 Performance
Shares of Minerals Technologies stock traded down $1.33 during mid-day trading on Tuesday, hitting $70.43. 190,146 shares of the stock were exchanged, compared to its average volume of 215,178. The company has a 50-day simple moving average of $73.09 and a 200 day simple moving average of $73.39. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.00 and a current ratio of 1.43. Minerals Technologies Inc. has a 12 month low of $53.94 and a 12 month high of $84.34. The company has a market capitalization of $2.19 billion, a P/E ratio of -32.46 and a beta of 1.14.
Minerals Technologies Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, September 4th. Investors of record on Friday, August 14th were issued a dividend of $0.12 per share. The ex-dividend date was Friday, August 14th. This represents a $0.48 annualized dividend and a yield of 0.7%. Minerals Technologies’s payout ratio is -22.12%.
Hedge Funds Weigh In On Minerals Technologies
Institutional investors and hedge funds have recently modified their holdings of the stock. BlackRock Inc. purchased a new stake in Minerals Technologies in the 2nd quarter valued at about $361,721,000. California State Teachers Retirement System grew its position 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 worth $184,545,000 after buying an additional 2,466,476 shares during the last quarter. State Street Corp increased its position in shares of Minerals Technologies by 0.5% during the fourth quarter. State Street Corp now owns 1,221,398 shares of the basic materials company’s stock worth $74,444,000 after purchasing an additional 6,458 shares in the last quarter. Geode Capital Management LLC raised its stake in Minerals Technologies by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 897,850 shares of the basic materials company’s stock valued at $54,732,000 after buying an additional 4,693 shares during the last quarter. Finally, Brandes Investment Partners LP boosted its stake in Minerals Technologies by 22.9% in the 4th quarter. Brandes Investment Partners LP now owns 819,908 shares of the basic materials company’s stock worth $49,973,000 after purchasing an additional 152,950 shares in the last quarter. Hedge funds and other institutional investors own 97.29% of the company’s stock.
Wall Street Analyst Weigh In
Several analysts have issued reports on MTX shares. Wall Street Zen lowered shares of Minerals Technologies from a “strong-buy” rating to a “hold” rating in a research report on Saturday, August 8th. Weiss Ratings downgraded shares of Minerals Technologies from a “hold (c+)” rating to a “sell (d+)” rating in a research note on Monday, August 3rd. One equities research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Minerals Technologies currently has a consensus rating of “Hold” and an average price target of $90.00.
Check Out Our Latest Stock Report on Minerals Technologies
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.
About Minerals Technologies
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.
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