Northern Technologies International Corporation (NTIC)

In the past six months, NTIC reported its Q1 fiscal 2026 earnings with shares experiencing a -0.6% change, and announced a quarterly cash dividend. NTIC released its Q2 fiscal 2026 financial results with net sales rising by 15.3% year-over-year, but reported a net loss due to the absence of a one-time Employee Retention Credit and higher expenses; shares gained +0.1% following the announcement. As of April 20, 2026, NTIC's stock price had increased by 16.88% over the last 12 months, with a year-to-date return of 3.45%, but decreased by 4.26% in the month leading up to April 20, 2026. From January 1st, 2026, to May 7, 2026, NTIC's stock increased by 2.0%.

Demand seasonality impacts quarterly comparisons for NTIC, particularly for its ZERUST Oil & Gas business, where sales are affected by seasonality and the timing of orders. The company acknowledges the seasonality of its industrial and oil and gas businesses as a headwind. While there can be near-term impacts from tariffs, the long-term market opportunities for Natur-Tec remain strong, driven by U.S. organic diversion mandates and waste management rules. NTIC China has shown continued strength and growing demand despite the seasonal impact of the Lunar New Year.

Northern Technologies International Corporation is a specialty chemical company based in Minnesota that focuses on environmentally responsible corrosion prevention and metal surface treatment products. The company operates in the basic materials sector, specifically the specialty chemicals industry, and is also involved in plastics material and resin manufacturing through its polymer-based product lines. NTIC's business is organized around ZERUST, which offers corrosion inhibitor solutions, and Natur-Tec, which provides bio-based and biodegradable polymers.

NTIC is headquartered in Circle Pines, Minnesota, and has regional sales offices and production facilities in North America, Europe, and Asia. The company has expanded its reach into over 65 to 70 countries worldwide through subsidiaries and partnerships, including operations in China, Brazil, India, and the United States. Joint ventures have been instrumental in expanding access to international markets and providing on-site technical service.

NTIC's Natur-Tec division was selected for the 2026 International Fresh Produce Association's Packaging Innovation Program, highlighting its commitment to environmentally beneficial materials and innovation in sustainable packaging.

The ownership structure of NTIC includes institutional, retail, and individual investors. Institutional investors hold approximately 21.06% to 36.8% of the company's stock, with major shareholders including Needham Investment Management LLC and Vanguard Group Inc. Insiders own approximately 17.84% to 24.90% of the company's stock, with G. Patrick Lynch being the largest individual shareholder. Retail investors hold a significant portion, approximately 55.06% of the stock.