Tronox Holdings PLC $TROX Shares Purchased by Wellington Shields Capital Management LLC

Wellington Shields Capital Management LLC boosted its stake in shares of Tronox Holdings PLC (NYSE:TROX) by 47.7% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 866,706 shares of the company’s stock after acquiring an additional 279,790 shares during the period. Wellington Shields Capital Management LLC owned about 0.55% of Tronox worth $3,484,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. AQR Capital Management LLC purchased a new stake in shares of Tronox during the first quarter worth $1,188,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Tronox by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 70,574 shares of the company’s stock valued at $497,000 after buying an additional 3,042 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Tronox by 12.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 366,203 shares of the company’s stock valued at $2,578,000 after purchasing an additional 41,092 shares during the period. Jane Street Group LLC raised its position in Tronox by 93.2% in the 1st quarter. Jane Street Group LLC now owns 118,637 shares of the company’s stock valued at $835,000 after purchasing an additional 57,237 shares in the last quarter. Finally, Inspire Investing LLC grew its position in shares of Tronox by 65.3% in the 2nd quarter. Inspire Investing LLC now owns 79,533 shares of the company’s stock valued at $403,000 after buying an additional 31,418 shares during the last quarter. 73.36% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. UBS Group boosted their price objective on Tronox from $3.80 to $5.25 and gave the company a “neutral” rating in a research note on Monday, January 12th. Weiss Ratings restated a “sell (d)” rating on shares of Tronox in a research report on Wednesday, January 21st. Truist Financial boosted their price objective on shares of Tronox from $7.00 to $8.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Mizuho lifted their target price on shares of Tronox from $3.00 to $3.50 and gave the company an “underperform” rating in a report on Wednesday, December 10th. Finally, The Goldman Sachs Group raised their price objective on shares of Tronox from $5.50 to $7.50 and gave the company a “buy” rating in a research report on Thursday, January 29th. Five analysts have rated the stock with a Buy rating, three have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Tronox currently has an average rating of “Hold” and an average target price of $6.03.

Tronox Stock Performance

NYSE:TROX opened at $7.46 on Friday. Tronox Holdings PLC has a 1-year low of $2.86 and a 1-year high of $10.24. The firm has a 50 day simple moving average of $5.16 and a 200-day simple moving average of $4.39. The firm has a market cap of $1.18 billion, a PE ratio of -3.64 and a beta of 1.18. The company has a debt-to-equity ratio of 1.97, a current ratio of 2.72 and a quick ratio of 0.73.

Tronox (NYSE:TROX) last issued its quarterly earnings results on Thursday, November 6th. The company reported ($0.46) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.21) by ($0.25). Tronox had a negative return on equity of 8.10% and a negative net margin of 11.39%.The business had revenue of $699.00 million for the quarter, compared to analysts’ expectations of $776.21 million. During the same period in the prior year, the company earned ($0.13) EPS. The company’s revenue for the quarter was down 13.1% compared to the same quarter last year. On average, equities analysts expect that Tronox Holdings PLC will post 0.49 EPS for the current year.

Tronox 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.