Kronos Worldwide (NYSE:KRO) Shares Down 6.7% – Here’s Why

Kronos Worldwide Inc (NYSE:KRO)’s stock price was down 6.7% on Friday . The stock traded as low as $5.24 and last traded at $5.29. Approximately 67,645 shares were traded during trading, a decline of 77% from the average daily volume of 300,208 shares. The stock had previously closed at $5.67.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on KRO shares. Zacks Research upgraded shares of Kronos Worldwide from a “strong sell” rating to a “hold” rating in a research report on Monday, February 2nd. The Goldman Sachs Group dropped their price objective 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. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Kronos Worldwide in a report on Monday, December 29th. One analyst has rated the stock with a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Strong Sell” and an average target price of $6.00.

Kronos Worldwide Stock Down 7.1%

The company has a fifty day moving average price of $5.57 and a 200-day moving average price of $5.39. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.47 and a current ratio of 3.83. The firm has a market capitalization of $606.31 million, a PE ratio of -14.64 and a beta of 1.12.

Kronos Worldwide Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Tuesday, March 10th will be paid a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 3.8%. The ex-dividend date of this dividend is Tuesday, March 10th. Kronos Worldwide’s dividend payout ratio (DPR) is presently -55.56%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Alpine Global Management LLC purchased a new stake in Kronos Worldwide during the fourth quarter valued at approximately $54,000. EP Wealth Advisors LLC purchased a new stake in Kronos Worldwide during the 4th quarter valued at $110,000. Susquehanna Portfolio Strategies LLC purchased a new stake in Kronos Worldwide during the 4th quarter valued at $53,000. Quadrature Capital Ltd bought a new stake in Kronos Worldwide in the fourth quarter worth $59,000. Finally, Millennium Management LLC boosted its stake in Kronos Worldwide by 66.4% during the fourth quarter. Millennium Management LLC now owns 104,351 shares of the specialty chemicals company’s stock worth $461,000 after buying an additional 41,639 shares during the period. Hedge funds and other institutional investors own 15.11% of the company’s stock.

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.