Tronox (NYSE:TROX) Insider Jonathan Flood Sells 8,008 Shares of Stock

Tronox Holdings PLC (NYSE:TROX) insider Jonathan Flood sold 8,008 shares of the stock in a transaction on Friday, March 6th. The shares were sold at an average price of $6.58, for a total value of $52,692.64. Following the completion of the sale, the insider owned 92,861 shares of the company’s stock, valued at approximately $611,025.38. This represents a 7.94% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link.

Jonathan Flood also recently made the following trade(s):

• On Thursday, March 5th, Jonathan Flood sold 7,000 shares of Tronox stock. The stock was sold at an average price of $7.55, for a total value of $52,850.00.

Tronox Price Performance

Shares of NYSE TROX opened at $6.87 on Tuesday. Tronox Holdings PLC has a 1-year low of $2.86 and a 1-year high of $8.80. The business has a 50-day moving average of $6.47 and a 200-day moving average of $4.87. The company has a debt-to-equity ratio of 2.16, a current ratio of 2.46 and a quick ratio of 0.67. The company has a market capitalization of $1.09 billion, a price-to-earnings ratio of -2.31 and a beta of 1.11.

Tronox (NYSE:TROX) last posted its earnings results on Wednesday, February 18th. The company reported ($0.60) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.43) by ($0.17). The company had revenue of $730.00 million during the quarter, compared to analyst estimates of $730.22 million. Tronox had a negative net margin of 16.22% and a negative return on equity of 14.75%. Tronox’s quarterly revenue was up 8.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.03 EPS. On average, equities analysts anticipate that Tronox Holdings PLC will post 0.49 EPS for the current fiscal year.

Tronox Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 2nd. Shareholders of record on Monday, February 23rd will be given a $0.05 dividend. The ex-dividend date of this dividend is Monday, February 23rd. This represents a $0.20 annualized dividend and a yield of 2.9%. Tronox’s dividend payout ratio (DPR) is -6.73%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on TROX shares. UBS Group boosted their target price on shares of Tronox from $5.25 to $7.50 and gave the stock a “neutral” rating in a research report on Thursday, February 26th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Tronox in a research note on Wednesday, January 21st. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $8.00 price objective on shares of Tronox in a report on Tuesday, January 27th. Mizuho upped their price objective on shares of Tronox from $4.00 to $4.50 and gave the company an “underperform” rating in a research report on Thursday, March 5th. Finally, Zacks Research upgraded Tronox from a “strong sell” rating to a “hold” rating in a research note on Monday, March 2nd. Five equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $6.35.

Institutional Trading of Tronox

Hedge funds have recently made changes to their positions in the stock. PNC Financial Services Group Inc. increased its stake in shares of Tronox by 292.2% in the fourth quarter. PNC Financial Services Group Inc. now owns 8,715 shares of the company’s stock worth $36,000 after buying an additional 6,493 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new position in Tronox during the 3rd quarter valued at $37,000. Headlands Technologies LLC bought a new position in Tronox during the 2nd quarter valued at $38,000. Westview Management dba Westview Investment Advisors acquired a new position in Tronox during the 4th quarter worth $42,000. Finally, Aigen Investment Management LP acquired a new position in Tronox during the 4th quarter worth $43,000. Institutional investors and hedge funds own 73.36% of the company’s stock.

Key Stories Impacting Tronox

Here are the key news stories impacting Tronox this week:

• Negative Sentiment: CEO John D. Romano sold 101,600 shares at an average price of $6.59 (proceeds ~$669,544), reducing his stake by ~6.45%. SEC Filing
• Negative Sentiment: SVP Jeffrey N. Neuman sold 22,965 shares at ~$6.59 (~$151,339), a ~8.45% reduction in his holdings. SEC Filing
• Negative Sentiment: Director Jean Francois Turgeon sold 18,563 shares at $6.60 (~$122,516), trimming his stake by ~2.40%. SEC Filing
• Negative Sentiment: SVP Jeffrey A. Engle sold 14,575 shares at $6.60 (~$96,195), a ~7.68% reduction in his position. SEC Filing
• Negative Sentiment: Insider Jonathan Flood sold two tranches: 7,000 shares on Mar 5 at $7.55 (~$52,850) and 8,008 shares on Mar 6 at $6.58 (~$52,693), reducing his stake by ~7.94% overall. SEC Filing

Tronox Company 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.