Kronos Worldwide Inc (NYSE:KRO – Get Free Report)’s share price rose 6% on Tuesday . The company traded as high as $5.97 and last traded at $5.9250. Approximately 69,259 shares traded hands during mid-day trading, a decline of 80% from the average daily volume of 338,120 shares. The stock had previously closed at $5.59.
Analyst Upgrades and Downgrades
Several research analysts have recently issued reports on KRO shares. The Goldman Sachs Group lowered their price target on shares of Kronos Worldwide from $6.00 to $5.00 and set a “sell” rating for the company in a report on Tuesday, December 16th. Zacks Research lowered Kronos Worldwide from a “hold” rating to a “strong sell” rating in a research report on Friday, March 13th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Kronos Worldwide in a research report on Monday, December 29th. Four analysts have rated the stock with a Sell rating, Based on data from MarketBeat, Kronos Worldwide currently has a consensus rating of “Strong Sell” and an average target price of $6.00.
Read Our Latest Stock Report on KRO
Kronos Worldwide Trading Up 8.4%
Kronos Worldwide (NYSE:KRO – Get Free Report) last released its quarterly earnings results on Monday, March 9th. The specialty chemicals company reported ($0.72) EPS for the quarter, missing analysts’ consensus estimates of ($0.26) by ($0.46). The company had revenue of $418.30 million during the quarter, compared to the consensus estimate of $373.26 million. Kronos Worldwide had a negative net margin of 5.96% and a negative return on equity of 11.72%.
Kronos Worldwide Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Tuesday, March 10th were given a $0.05 dividend. The ex-dividend date was Tuesday, March 10th. This represents a $0.20 dividend on an annualized basis and a dividend yield of 3.3%. Kronos Worldwide’s payout ratio is -20.83%.
Institutional Trading of Kronos Worldwide
A number of institutional investors have recently bought and sold shares of KRO. PDT Partners LLC grew its holdings in Kronos Worldwide by 5.0% during the 2nd quarter. PDT Partners LLC now owns 52,743 shares of the specialty chemicals company’s stock worth $327,000 after acquiring an additional 2,500 shares during the period. Tolleson Wealth Management Inc. lifted its stake in shares of Kronos Worldwide by 9.6% in the 2nd quarter. Tolleson Wealth Management Inc. now owns 32,045 shares of the specialty chemicals company’s stock valued at $199,000 after purchasing an additional 2,800 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of Kronos Worldwide by 1.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 175,962 shares of the specialty chemicals company’s stock valued at $778,000 after purchasing an additional 3,244 shares during the period. Barclays PLC boosted its position in shares of 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 purchasing an additional 3,273 shares in the last quarter. Finally, Squarepoint Ops LLC grew its stake in Kronos Worldwide by 13.6% during the third quarter. Squarepoint Ops LLC now owns 34,165 shares of the specialty chemicals company’s stock worth $196,000 after purchasing an additional 4,092 shares during the period. 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.
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