Tronox Holdings PLC $TROX Shares Purchased by Collar Capital Management LLC

Collar Capital Management LLC raised its holdings in shares of Tronox Holdings PLC (NYSE:TROX) by 91.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 386,780 shares of the company’s stock after purchasing an additional 185,035 shares during the period. Collar Capital Management LLC owned about 0.24% of Tronox worth $1,555,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Inspire Investing LLC boosted its holdings in shares of Tronox by 46.9% in the 3rd quarter. Inspire Investing LLC now owns 116,852 shares of the company’s stock valued at $470,000 after buying an additional 37,319 shares during the period. Voya Investment Management LLC lifted its holdings in Tronox by 61.0% in the third quarter. Voya Investment Management LLC now owns 648,623 shares of the company’s stock worth $2,607,000 after acquiring an additional 245,805 shares during the last quarter. Squarepoint Ops LLC boosted its stake in Tronox by 24.7% in the second quarter. Squarepoint Ops LLC now owns 374,699 shares of the company’s stock valued at $1,900,000 after acquiring an additional 74,328 shares during the period. Tyler Stone Wealth Management bought a new position in shares of Tronox during the second quarter valued at approximately $185,000. Finally, Nomura Holdings Inc. bought a new position in shares of Tronox during the second quarter valued at approximately $514,000. 73.36% of the stock is owned by institutional investors and hedge funds.

Tronox Trading Up 0.7%

NYSE:TROX opened at $4.26 on Friday. The stock has a market cap of $675.42 million, a price-to-earnings ratio of -2.08 and a beta of 1.19. The company has a debt-to-equity ratio of 1.97, a quick ratio of 0.73 and a current ratio of 2.72. Tronox Holdings PLC has a 1 year low of $2.86 and a 1 year high of $10.60. The business has a fifty day moving average of $3.79 and a 200-day moving average of $4.36.

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

Tronox Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 6th. Stockholders of record on Monday, November 10th will be issued a $0.05 dividend. The ex-dividend date is Monday, November 10th. This represents a $0.20 annualized dividend and a dividend yield of 4.7%. Tronox’s dividend payout ratio (DPR) is -9.76%.

Analyst Ratings Changes

A number of research analysts recently issued reports on TROX shares. UBS Group reduced their price objective on Tronox from $3.90 to $3.80 and set a “neutral” rating for the company in a research report on Tuesday, November 11th. Mizuho raised their target price on Tronox from $3.00 to $3.50 and gave the company an “underperform” rating in a research note on Wednesday, December 10th. Weiss Ratings restated a “sell (d)” rating on shares of Tronox in a research report on Wednesday, October 8th. The Goldman Sachs Group increased their price objective on shares of Tronox from $4.25 to $5.50 and gave the stock a “buy” rating in a report on Tuesday, December 16th. Finally, JPMorgan Chase & Co. reissued a “neutral” rating on shares of Tronox in a research note on Friday, October 3rd. Five equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, Tronox currently has an average rating of “Hold” and a consensus target price of $5.18.

About Tronox

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.