Minerals Technologies Inc. (MTX) reported second-quarter net sales of $548.4 million, up 4 percent from the prior year. The company reported a net loss attributable to MTI of $183.6 million and basic and diluted loss per share of $5.90 for the quarter ended July 5, 2026.
The company said the loss included a $290 million charge to increase its reserve for estimated costs tied to talc-related claims and Chapter 11 cases involving subsidiary BMI OldCo Inc. MTI also reported first-half consolidated sales of $1.1 billion, up 7 percent from the prior year.
- Worldwide net sales were $548 million in the second quarter, with foreign exchange contributing a favorable $7 million impact.
- Reported operating loss was $220 million, compared with operating income of $75 million excluding special items.
- Consumer & Specialties segment sales were $275 million, down 1 percent from the prior year.
- Engineered Solutions segment sales were $274 million, up 9 percent from the prior year.
- MTI published its 18th annual Sustainability Report and established new 10-year environmental targets through 2035.
- The company plans to host an Investor Day event on September 22, 2026.
$MTX Insider Trading Activity
$MTX insiders have traded $MTX stock on the open market 2 times in the past 6 months. Of those trades, 0 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $MTX stock by insiders over the last 6 months:
- DOUGLAS T DIETRICH (CHAIRMAN AND CEO) sold 21,568 shares for an estimated $1,758,421
- TIMOTHY JORDAN (Vice President) sold 6,000 shares for an estimated $481,648
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$MTX Hedge Fund Activity
We have seen 133 institutional investors add shares of $MTX stock to their portfolio, and 107 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC added 1,541,104 shares (+56.6%) to their portfolio in Q1 2026, for an estimated $109,295,095
- AMERICAN CENTURY COMPANIES INC removed 299,382 shares (-22.7%) from their portfolio in Q1 2026, for an estimated $21,232,171
- BROAD BAY CAPITAL MANAGEMENT, LP removed 284,056 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $20,145,251
- FIRST TRUST ADVISORS LP removed 253,795 shares (-91.1%) from their portfolio in Q1 2026, for an estimated $17,999,141
- MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. added 162,271 shares (+40.7%) to their portfolio in Q1 2026, for an estimated $11,508,259
- MILLENNIUM MANAGEMENT LLC removed 153,499 shares (-82.4%) from their portfolio in Q1 2026, for an estimated $10,886,149
- INVENOMIC CAPITAL MANAGEMENT LP removed 115,799 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $8,212,465
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
