In this study, with sepiolite as a support, a novel magnetic Fe3O4-sepiolite composite was fabricated by coprecipitation method. The characterization results reveal that the sepiolite support could anchor Fe3O4 nanoparticles with good dispersion. The composite was used as a catalyst to activate persulfate (PS) for atrazine (ATZ) degradation. 71.6% of ATZ and 20.9% of solution TOC could be removed after 60 min with 92 mmol/L of PS ([ATZ]0 = 10 mmol/L). Due to the good adsorption capacity of Fe3O4-sepiolite composite toward ATZ, the degradation was considered to be facilitated by an adsorption process, since the adsorbed ATZ can be more easily transported to the active sites and be degraded in situ. Operation factors, including PS dose and solution pH, were investigated and found to be influential for the ATZ removal. The Fe3O4-sepiolite composite maintained its catalytic activity and structural stability with negligible Fe leaching during the recycling batch experiments. The intermediate products were further identified and the possible transformation pathway was then proposed based on the results. The findings of this research promote the application of Fe3O4-sepiolite composite as efficient and recyclable heterogeneous catalyst for organic degradation, and provide insights into the development of alternative catalysts with good adsorptive properties.