Kronos Worldwide Inc (NYSE:KRO – Get Free Report)’s share price was down 6% during trading on Wednesday . The company traded as low as $7.84 and last traded at $7.87. 139,951 shares traded hands during mid-day trading, a decline of 60% from the average session volume of 348,035 shares. The stock had previously closed at $8.37.
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on the company. Wall Street Zen raised Kronos Worldwide from a “hold” rating to a “buy” rating in a report on Saturday. Weiss Ratings upgraded Kronos Worldwide from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, July 10th. Finally, Zacks Research raised Kronos Worldwide from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating and two have assigned a Sell rating to the company. According to data from MarketBeat, Kronos Worldwide has an average rating of “Hold” and a consensus target price of $5.00.
View Our Latest Analysis on Kronos Worldwide
Kronos Worldwide Stock Performance
Kronos Worldwide (NYSE:KRO – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The specialty chemicals company reported $0.13 earnings per share 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. As a group, equities analysts predict that Kronos Worldwide Inc will post -0.33 earnings per share for the current year.
Kronos Worldwide Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd will be given a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Thursday, September 3rd. Kronos Worldwide’s dividend payout ratio (DPR) is presently -21.05%.
Institutional Investors Weigh In On Kronos Worldwide
Large investors have recently made changes to their positions in the company. PDT Partners LLC increased its holdings in shares of Kronos Worldwide by 5.0% in the second quarter. PDT Partners LLC now owns 52,743 shares of the specialty chemicals company’s stock worth $327,000 after purchasing an additional 2,500 shares during the last quarter. Tolleson Wealth Management Inc. boosted its stake in Kronos Worldwide by 9.6% during the second quarter. Tolleson Wealth Management Inc. now owns 32,045 shares of the specialty chemicals company’s stock valued at $199,000 after buying an additional 2,800 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Kronos Worldwide by 1.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 175,962 shares of the specialty chemicals company’s stock valued at $778,000 after buying an additional 3,244 shares during the last quarter. Barclays PLC grew its holdings in Kronos Worldwide by 10.6% during the 4th quarter. Barclays PLC now owns 34,015 shares of the specialty chemicals company’s stock valued at $150,000 after buying an additional 3,273 shares in the last quarter. Finally, Squarepoint Ops LLC grew its holdings in Kronos Worldwide by 13.6% during the 3rd quarter. Squarepoint Ops LLC now owns 34,165 shares of the specialty chemicals company’s stock valued at $196,000 after buying an additional 4,092 shares in the last quarter. 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.
Read More
- Five stocks we like better than Kronos Worldwide
- Nebius’ Q2 Beat Shows the AI Bottleneck Is Capacity, Not Demand
- Legacy Jet Builders Stall While Embraer Accelerates to New Highs
- Intel’s Rally Gave It a $20 Billion Opportunity and Now Comes the Hard Part
- Visa’s AI Opportunity Is Hiding in Every Transaction
Receive News & Ratings for Kronos Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kronos Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.
