Kronos Worldwide (NYSE:KRO) Issues Earnings Results, Beats Estimates By $0.29 EPS

Kronos Worldwide (NYSE:KRO) posted its quarterly earnings results on Wednesday. The specialty chemicals company reported ($0.04) earnings per share for the quarter, topping the consensus estimate of ($0.33) by $0.29, FiscalAI reports. Kronos Worldwide had a negative net margin of 7.12% and a negative return on equity of 14.75%. The business had revenue of $509.80 million during the quarter, compared to the consensus estimate of $524.00 million.

Kronos Worldwide Trading Up 3.4%

Shares of KRO stock traded up $0.24 during mid-day trading on Friday, reaching $7.29. The stock had a trading volume of 339,656 shares, compared to its average volume of 340,954. The firm has a market capitalization of $838.39 million, a PE ratio of -6.28 and a beta of 1.00. The stock’s 50-day moving average price is $6.22 and its two-hundred day moving average price is $5.51. The company has a current ratio of 2.70, a quick ratio of 0.99 and a debt-to-equity ratio of 0.74. Kronos Worldwide has a 52-week low of $4.08 and a 52-week high of $7.90.

Kronos Worldwide Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Tuesday, March 10th were given a $0.05 dividend. The ex-dividend date was Tuesday, March 10th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.7%. Kronos Worldwide’s payout ratio is presently -17.24%.

Wall Street Analysts Forecast Growth

KRO has been the topic of a number of recent research reports. Zacks Research raised Kronos Worldwide from a “strong sell” rating to a “hold” rating in a research note on Wednesday. Weiss Ratings restated a “sell (d)” rating on shares of Kronos Worldwide in a research report on Friday, March 27th. Finally, Wall Street Zen raised Kronos Worldwide from a “sell” rating to a “hold” rating in a research note on Saturday, April 25th. One research analyst has rated the stock with a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Strong Sell” and an average target price of $6.00.

Institutional Trading of Kronos Worldwide

Large investors have recently modified their holdings of the business. AQR Capital Management LLC raised its position in Kronos Worldwide by 478.7% during the 1st quarter. AQR Capital Management LLC now owns 125,969 shares of the specialty chemicals company’s stock valued at $942,000 after purchasing an additional 104,202 shares during the last quarter. Goldman Sachs Group Inc. grew its position in shares of Kronos Worldwide by 11.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 220,663 shares of the specialty chemicals company’s stock worth $1,651,000 after buying an additional 22,046 shares during the last quarter. Jane Street Group LLC increased its stake in shares of Kronos Worldwide by 20.3% during the first quarter. Jane Street Group LLC now owns 24,368 shares of the specialty chemicals company’s stock valued at $182,000 after buying an additional 4,104 shares during the period. Geode Capital Management LLC increased its stake in shares of Kronos Worldwide by 2.4% during the second quarter. Geode Capital Management LLC now owns 527,839 shares of the specialty chemicals company’s stock valued at $3,273,000 after buying an additional 12,260 shares during the period. Finally, Creative Planning raised its holdings in shares of Kronos Worldwide by 13.1% during the second quarter. Creative Planning now owns 42,064 shares of the specialty chemicals company’s stock valued at $261,000 after acquiring an additional 4,857 shares in the last quarter. 15.11% of the stock is owned by institutional investors.

Kronos Worldwide Company Profile

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.