Kronos Worldwide (NYSE:KRO) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Kronos Worldwide (NYSE:KRO) from a buy rating to a strong-buy rating in a research note published on Sunday morning.

A number of other research analysts also recently issued reports on the stock. The Goldman Sachs Group reissued a “sell” rating and set a $8.00 price objective on shares of Kronos Worldwide in a research report on Thursday, August 13th. Zacks Research raised shares of Kronos Worldwide from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 8th. Finally, Weiss Ratings raised shares of Kronos Worldwide from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, July 10th. One equities research analyst has rated the stock with a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, Kronos Worldwide has an average rating of “Sell” and an average price target of $8.00.

Kronos Worldwide Trading Down 2.1%

NYSE KRO opened at $7.92 on Friday. The stock has a market cap of $911.82 million, a P/E ratio of -8.34 and a beta of 1.01. Kronos Worldwide has a fifty-two week low of $4.08 and a fifty-two week high of $8.90. The stock has a 50 day simple moving average of $6.77 and a two-hundred day simple moving average of $6.52. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.55 and a current ratio of 3.30.

Kronos Worldwide (NYSE:KRO) last posted its earnings results on Wednesday, August 5th. The specialty chemicals company reported $0.13 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.06. Kronos Worldwide had a negative return on equity of 12.28% and a negative net margin of 5.63%.The firm had revenue of $558.10 million for the quarter, compared to analysts’ expectations of $484.51 million. On average, analysts forecast that Kronos Worldwide will post -0.33 earnings per share for the current year.

Kronos Worldwide Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date is Thursday, September 3rd. Kronos Worldwide’s dividend payout ratio (DPR) is presently -21.05%.

Institutional Investors Weigh In On Kronos Worldwide

Several hedge funds have recently made changes to their positions in KRO. Group One Trading LLC bought a new position in Kronos Worldwide in the second quarter worth $41,000. Raymond James Financial Inc. bought a new stake in shares of Kronos Worldwide during the 2nd quarter valued at $42,000. Jain Global LLC bought a new stake in shares of Kronos Worldwide during the 4th quarter valued at $46,000. Pilgrim Partners Asia Pte Ltd grew its position in shares of Kronos Worldwide by 68.1% in the 4th quarter. Pilgrim Partners Asia Pte Ltd now owns 11,600 shares of the specialty chemicals company’s stock worth $51,000 after buying an additional 4,700 shares during the period. Finally, Susquehanna Portfolio Strategies LLC purchased a new stake in shares of Kronos Worldwide in the 4th quarter worth about $53,000. 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.