Kronos Worldwide (NYSE:KRO) Stock Passes Above Two Hundred Day Moving Average – Here’s What Happened

Kronos Worldwide Inc (NYSE:KROGet Free Report) shares crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $5.43 and traded as high as $5.51. Kronos Worldwide shares last traded at $5.4690, with a volume of 506,166 shares traded.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on KRO shares. The Goldman Sachs Group reduced their target price on shares of Kronos Worldwide from $6.00 to $5.00 and set a “sell” rating on the stock in a report on Tuesday, December 16th. Weiss Ratings reissued a “sell (d)” rating on shares of Kronos Worldwide in a research report on Monday, December 29th. Finally, Zacks Research downgraded Kronos Worldwide from a “hold” rating to a “strong sell” rating in a research report on Wednesday, December 3rd. Four analysts have rated the stock with a Sell rating, According to MarketBeat.com, Kronos Worldwide has an average rating of “Strong Sell” and an average target price of $6.00.

View Our Latest Analysis on Kronos Worldwide

Kronos Worldwide Stock Performance

The firm has a market capitalization of $629.21 million, a price-to-earnings ratio of -15.19 and a beta of 1.14. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.47 and a current ratio of 3.83. The stock’s fifty day moving average is $4.75 and its two-hundred day moving average is $5.43.

Kronos Worldwide (NYSE:KROGet Free Report) last posted its quarterly earnings data on Thursday, November 6th. The specialty chemicals company reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.12). The firm had revenue of $456.90 million during the quarter, compared to analysts’ expectations of $519.27 million. Kronos Worldwide had a negative net margin of 2.22% and a negative return on equity of 3.09%.

Kronos Worldwide Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 11th. Shareholders of record on Friday, November 21st were paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 3.7%. The ex-dividend date was Friday, November 21st. Kronos Worldwide’s dividend payout ratio (DPR) is -55.56%.

Hedge Funds Weigh In On Kronos Worldwide

A number of institutional investors have recently made changes to their positions in the business. Hennion & Walsh Asset Management Inc. grew its position in shares of Kronos Worldwide by 46.8% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 35,559 shares of the specialty chemicals company’s stock worth $157,000 after buying an additional 11,335 shares in the last quarter. Verition Fund Management LLC bought a new position in Kronos Worldwide during the 3rd quarter valued at $150,000. Qube Research & Technologies Ltd grew its holdings in Kronos Worldwide by 10.5% during the 3rd quarter. Qube Research & Technologies Ltd now owns 122,648 shares of the specialty chemicals company’s stock worth $704,000 after acquiring an additional 11,639 shares in the last quarter. Bank of America Corp DE increased its position in shares of Kronos Worldwide by 55.8% in the 3rd quarter. Bank of America Corp DE now owns 472,305 shares of the specialty chemicals company’s stock worth $2,711,000 after purchasing an additional 169,246 shares during the last quarter. Finally, Creative Planning raised its stake in shares of Kronos Worldwide by 39.6% in the 3rd quarter. Creative Planning now owns 58,720 shares of the specialty chemicals company’s stock valued at $337,000 after purchasing an additional 16,656 shares in the last quarter. 15.11% of the stock is owned by institutional investors and hedge funds.

Kronos Worldwide Company Profile

(Get Free Report)

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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