Wall Street Zen Upgrades Kronos Worldwide (NYSE:KRO) to Strong-Buy

Kronos Worldwide (NYSE:KRO) was upgraded by equities researchers at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a note issued to investors on Sunday.

KRO has been the topic of a number of other reports. Zacks Research upgraded Kronos Worldwide from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 8th. Weiss Ratings upgraded Kronos Worldwide from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, July 10th. Finally, The Goldman Sachs Group reissued a “sell” rating and issued a $8.00 target price on shares of Kronos Worldwide in a report on Thursday. One research analyst has rated the stock with a Strong Buy rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $8.00.

Kronos Worldwide Trading Down 4.3%

Shares of KRO stock opened at $8.11 on Friday. The company has a current ratio of 3.30, a quick ratio of 1.55 and a debt-to-equity ratio of 0.76. Kronos Worldwide has a 12-month low of $4.08 and a 12-month high of $8.90. The stock has a market capitalization of $933.46 million, a P/E ratio of -8.54 and a beta of 1.01. The firm’s 50 day moving average is $6.74 and its 200 day moving average is $6.50.

Kronos Worldwide (NYSE:KRO) last announced its earnings results on Wednesday, August 5th. The specialty chemicals company reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.06. The business had revenue of $558.10 million during the quarter, compared to analyst estimates of $484.51 million. Kronos Worldwide had a negative net margin of 5.63% and a negative return on equity of 12.28%. Research analysts expect that Kronos Worldwide will post -0.33 earnings per share for the current year.

Institutional Investors Weigh In On Kronos Worldwide

Several hedge funds and other institutional investors have recently modified their holdings of KRO. AQR Capital Management LLC raised its holdings in Kronos Worldwide by 478.7% in the 1st quarter. AQR Capital Management LLC now owns 125,969 shares of the specialty chemicals company’s stock worth $942,000 after purchasing an additional 104,202 shares during the period. Goldman Sachs Group Inc. grew its holdings in Kronos Worldwide by 11.1% during the first quarter. Goldman Sachs Group Inc. now owns 220,663 shares of the specialty chemicals company’s stock valued at $1,651,000 after purchasing an additional 22,046 shares during the period. Jane Street Group LLC increased its position in Kronos Worldwide by 20.3% in the first quarter. Jane Street Group LLC now owns 24,368 shares of the specialty chemicals company’s stock worth $182,000 after buying an additional 4,104 shares in the last quarter. Geode Capital Management LLC increased its position in Kronos Worldwide by 2.4% in the second quarter. Geode Capital Management LLC now owns 527,839 shares of the specialty chemicals company’s stock worth $3,273,000 after buying an additional 12,260 shares in the last quarter. Finally, Creative Planning raised its stake in shares of Kronos Worldwide by 13.1% in the second quarter. Creative Planning now owns 42,064 shares of the specialty chemicals company’s stock worth $261,000 after buying an additional 4,857 shares during the period. 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.