Jeffrey Engle Sells 14,575 Shares of Tronox (NYSE:TROX) Stock

Tronox Holdings PLC (NYSE:TROX) SVP Jeffrey Engle sold 14,575 shares of the firm’s stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $6.60, for a total transaction of $96,195.00. Following the completion of the transaction, the senior vice president directly owned 175,251 shares in the company, valued at $1,156,656.60. This represents a 7.68% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Tronox Stock Performance

NYSE TROX traded up $0.33 during trading hours on Monday, hitting $6.87. The company had a trading volume of 3,144,878 shares, compared to its average volume of 4,205,739. The business has a fifty day simple moving average of $6.41 and a 200-day simple moving average of $4.85. Tronox Holdings PLC has a fifty-two week low of $2.86 and a fifty-two week high of $8.80. The firm has a market cap of $1.09 billion, a P/E ratio of -2.31 and a beta of 1.11. The company has a quick ratio of 0.67, a current ratio of 2.46 and a debt-to-equity ratio of 2.16.

Tronox (NYSE:TROX) last issued its quarterly earnings data on Wednesday, February 18th. The company reported ($0.60) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.43) by ($0.17). Tronox had a negative return on equity of 14.75% and a negative net margin of 16.22%.The business had revenue of $730.00 million during the quarter, compared to the consensus estimate of $730.22 million. During the same period last year, the company earned $0.03 earnings per share. The business’s quarterly revenue was up 8.0% compared to the same quarter last year. Equities analysts predict that Tronox Holdings PLC will post 0.49 EPS for the current year.

Tronox Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 2nd. Investors of record on Monday, February 23rd will be paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.9%. The ex-dividend date is Monday, February 23rd. Tronox’s dividend payout ratio (DPR) is currently -6.73%.

Analyst Ratings Changes

TROX has been the subject of several research analyst reports. UBS Group upped their price objective on Tronox from $5.25 to $7.50 and gave the company a “neutral” rating in a report on Thursday, February 26th. Zacks Research upgraded shares of Tronox from a “strong sell” rating to a “hold” rating in a research report on Monday, March 2nd. The Goldman Sachs Group boosted their target price on shares of Tronox from $5.50 to $7.50 and gave the stock a “buy” rating in a report on Thursday, January 29th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $8.00 target price on shares of Tronox in a report on Tuesday, January 27th. Finally, Mizuho increased their price objective on Tronox from $4.00 to $4.50 and gave the company an “underperform” rating in a research report on Thursday. Five research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, Tronox has an average rating of “Hold” and a consensus target price of $6.35.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Alpine Global Management LLC boosted its position in Tronox by 897.4% during the 4th quarter. Alpine Global Management LLC now owns 21,531 shares of the company’s stock worth $90,000 after acquiring an additional 24,231 shares during the period. Invesco Ltd. boosted its holdings in shares of Tronox by 34.1% during the fourth quarter. Invesco Ltd. now owns 264,873 shares of the company’s stock worth $1,105,000 after purchasing an additional 67,412 shares during the period. Mercer Global Advisors Inc. ADV purchased a new position in Tronox during the fourth quarter valued at approximately $77,000. Empowered Funds LLC grew its position in Tronox by 10.9% during the fourth quarter. Empowered Funds LLC now owns 607,939 shares of the company’s stock valued at $2,535,000 after purchasing an additional 59,648 shares in the last quarter. Finally, Susquehanna Portfolio Strategies LLC increased its stake in Tronox by 5.3% in the 4th quarter. Susquehanna Portfolio Strategies LLC now owns 583,272 shares of the company’s stock valued at $2,432,000 after buying an additional 29,308 shares during the period. 73.36% of the stock is owned by institutional investors and hedge funds.

Tronox Company Profile

Tronox Holdings plc is a vertically integrated global producer of titanium dioxide (TiO₂) pigment and specialty materials. The company’s operations encompass the full supply chain for TiO₂, from mining and processing titanium-bearing ores—such as ilmenite and rutile—to the production of high-purity pigment for use in paints, coatings, plastics, paper and other industrial applications. In addition to TiO₂, Tronox’s product portfolio includes zircon, rare earth byproducts and other specialty minerals that serve a range of industrial markets.

Tronox operates a network of mines, processing facilities and pigment plants located across North America, Europe, the Middle East, Australia and South Africa.