Kronos Worldwide (NYSE:KRO) Shares Up 6.8% – Still a Buy?

Kronos Worldwide Inc (NYSE:KRO)’s share price traded up 6.8% during mid-day trading on Monday . The company traded as high as $6.39 and last traded at $6.2890. Approximately 73,539 shares changed hands during mid-day trading, a decline of 77% from the average daily volume of 317,366 shares. The stock had previously closed at $5.89.

Wall Street Analyst Weigh In

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

Kronos Worldwide Trading Up 10.4%

The company has a 50 day moving average of $6.76 and a 200 day moving average of $6.14. 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 stock has a market capitalization of $747.83 million, a price-to-earnings ratio of -5.62 and a beta of 1.00.

Kronos Worldwide (NYSE:KRO) last announced its earnings results on Wednesday, May 6th. The specialty chemicals company reported ($0.04) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.33) by $0.29. The company had revenue of $509.80 million for the quarter, compared to analysts’ expectations of $524.00 million. Kronos Worldwide had a negative net margin of 7.12% and a negative return on equity of 15.01%. On average, research analysts predict that Kronos Worldwide Inc will post -0.33 EPS for the current fiscal year.

Kronos Worldwide Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th were issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 3.1%. The ex-dividend date was Thursday, June 4th. Kronos Worldwide’s payout ratio is currently -17.24%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Raymond James Financial Inc. purchased a new stake in shares of Kronos Worldwide in the 2nd quarter valued at approximately $42,000. Jain Global LLC acquired a new stake in Kronos Worldwide during the 4th quarter worth $46,000. Pilgrim Partners Asia Pte Ltd grew its stake in Kronos Worldwide by 68.1% during the 4th quarter. Pilgrim Partners Asia Pte Ltd now owns 11,600 shares of the specialty chemicals company’s stock worth $51,000 after buying an additional 4,700 shares during the last quarter. Susquehanna Portfolio Strategies LLC acquired a new position in shares of Kronos Worldwide in the 4th quarter valued at $53,000. Finally, Alpine Global Management LLC acquired a new position in Kronos Worldwide in the fourth quarter valued at $54,000. 15.11% of the stock is currently owned by hedge funds and other institutional investors.

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.