Kronos Worldwide (NYSE:KRO) Raised to Hold at Zacks Research

Kronos Worldwide (NYSE:KRO) was upgraded by research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued on Monday,Zacks.com reports.

Several other equities research analysts have also recently commented on KRO. The Goldman Sachs Group lowered their target price on Kronos Worldwide from $6.00 to $5.00 and set a “sell” rating for the company in a research note on Tuesday, December 16th. Weiss Ratings reiterated a “sell (d)” rating on shares of Kronos Worldwide in a report on Monday, December 29th. One research analyst has rated the stock with a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Kronos Worldwide presently has an average rating of “Strong Sell” and an average price target of $6.00.

Kronos Worldwide Stock Performance

NYSE KRO opened at $5.88 on Monday. Kronos Worldwide has a 1-year low of $4.08 and a 1-year high of $9.85. The company has a 50 day moving average of $5.00 and a 200-day moving average of $5.33. The company has a current ratio of 3.83, a quick ratio of 1.47 and a debt-to-equity ratio of 0.78. The firm has a market cap of $675.92 million, a price-to-earnings ratio of -16.32 and a beta of 1.14.

Kronos Worldwide (NYSE:KRO) last released its quarterly earnings results on Thursday, November 6th. The specialty chemicals company reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.12). The business had revenue of $456.90 million for the quarter, compared to analyst estimates of $519.27 million. Kronos Worldwide had a negative net margin of 2.22% and a negative return on equity of 3.09%.

Institutional Investors Weigh In On Kronos Worldwide

Several large investors have recently modified their holdings of the business. PDT Partners LLC grew its position in shares of Kronos Worldwide by 5.0% in the 2nd quarter. PDT Partners LLC now owns 52,743 shares of the specialty chemicals company’s stock valued at $327,000 after acquiring an additional 2,500 shares during the period. Teacher Retirement System of Texas boosted its stake in shares of Kronos Worldwide by 4.1% during the 2nd quarter. Teacher Retirement System of Texas now owns 69,020 shares of the specialty chemicals company’s stock worth $428,000 after acquiring an additional 2,744 shares during the period. Tolleson Wealth Management Inc. increased its holdings in shares of Kronos Worldwide by 9.6% during the 2nd quarter. Tolleson Wealth Management Inc. now owns 32,045 shares of the specialty chemicals company’s stock worth $199,000 after acquiring an additional 2,800 shares during the last quarter. Squarepoint Ops LLC raised its stake in Kronos Worldwide by 13.6% in the 3rd quarter. Squarepoint Ops LLC now owns 34,165 shares of the specialty chemicals company’s stock valued at $196,000 after acquiring an additional 4,092 shares during the period. Finally, Jane Street Group LLC raised its stake in Kronos Worldwide by 20.3% in the 1st quarter. Jane Street Group LLC now owns 24,368 shares of the specialty chemicals company’s stock valued at $182,000 after acquiring an additional 4,104 shares during the period. 15.11% of the stock is currently owned by institutional investors.

About Kronos Worldwide

Kronos Worldwide, Inc is a leading global producer of titanium dioxide (TiO₂) pigments, a white pigment widely used in paints, coatings, plastics, paper, and many other industrial and consumer applications. Headquartered in Dallas, Texas, the company markets its products under the “Kronos” brand and has built a reputation for high-quality pigment performance, technical support, and reliable supply. Kronos serves a diverse customer base across coatings manufacturers, plastic compounders, and paper producers, delivering solutions tailored to enhance opacity, color strength, and durability.

In addition to its core TiO₂ offerings, Kronos produces and markets iron oxide pigments and zircon-based specialty chemicals, expanding its portfolio to meet the needs of markets such as construction, ceramics, and glass.