Kronos Worldwide (NYSE:KRO) Posts Quarterly Earnings Results

Kronos Worldwide (NYSE:KRO) issued its quarterly earnings data on Wednesday. The specialty chemicals company reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.06, FiscalAI reports. The firm had revenue of $558.10 million during the quarter, compared to analyst estimates of $484.51 million. Kronos Worldwide had a negative return on equity of 12.22% and a negative net margin of 5.63%.

Kronos Worldwide Trading Up 4.0%

Shares of Kronos Worldwide stock traded up $0.33 on Friday, reaching $8.56. The company had a trading volume of 472,850 shares, compared to its average volume of 344,833. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.41 and a current ratio of 3.18. The firm has a market cap of $984.83 million, a PE ratio of -9.03 and a beta of 1.01. The firm’s 50 day moving average price is $6.54 and its two-hundred day moving average price is $6.36. Kronos Worldwide has a 52-week low of $4.08 and a 52-week high of $8.72.

Kronos Worldwide Announces Dividend

The firm also recently declared 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 annualized dividend and a dividend yield of 2.3%. The ex-dividend date of this dividend is Thursday, September 3rd. Kronos Worldwide’s dividend payout ratio is -17.24%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in KRO. Boston Partners grew its position in shares of Kronos Worldwide by 0.4% during the fourth quarter. Boston Partners now owns 2,961,076 shares of the specialty chemicals company’s stock worth $13,092,000 after buying an additional 12,962 shares in the last quarter. Geode Capital Management LLC grew its holdings in Kronos Worldwide by 1.6% during the 4th quarter. Geode Capital Management LLC now owns 541,095 shares of the specialty chemicals company’s stock worth $2,392,000 after acquiring an additional 8,641 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Kronos Worldwide by 55.8% in the 3rd quarter. Bank of America Corp DE now owns 472,305 shares of the specialty chemicals company’s stock valued at $2,711,000 after purchasing an additional 169,246 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of Kronos Worldwide by 3.1% during the 4th quarter. AQR Capital Management LLC now owns 244,595 shares of the specialty chemicals company’s stock worth $1,081,000 after purchasing an additional 7,382 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its stake in shares of Kronos Worldwide by 7.8% during the fourth quarter. Goldman Sachs Group Inc. now owns 243,280 shares of the specialty chemicals company’s stock worth $1,075,000 after purchasing an additional 17,554 shares in the last quarter. Institutional investors and hedge funds own 15.11% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on KRO shares. Wall Street Zen upgraded shares of Kronos Worldwide from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Weiss Ratings upgraded shares of Kronos Worldwide from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, July 10th. Finally, Zacks Research upgraded Kronos Worldwide from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Sell rating to the company. According to MarketBeat, Kronos Worldwide presently has a consensus rating of “Hold” and an average price target of $5.00.

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.