Kronos Worldwide Inc (NYSE:KRO – Get Free Report) crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $5.85 and traded as high as $6.58. Kronos Worldwide shares last traded at $6.5050, with a volume of 262,354 shares changing hands.
Wall Street Analysts Forecast Growth
KRO has been the subject of a number of analyst reports. Zacks Research upgraded shares of Kronos Worldwide from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 6th. Weiss Ratings reiterated a “sell (d)” rating on shares of Kronos Worldwide in a report on Friday, March 27th. Finally, Wall Street Zen upgraded shares of Kronos Worldwide from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. One equities research analyst has rated the stock with a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Sell” and an average price target of $5.00.
Kronos Worldwide Price Performance
Kronos Worldwide (NYSE:KRO – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The specialty chemicals company reported ($0.04) earnings per share for the quarter, beating the consensus estimate of ($0.33) by $0.29. The company had revenue of $509.80 million during 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, equities research analysts forecast that Kronos Worldwide Inc will post -0.33 EPS for the current fiscal year.
Kronos Worldwide Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Thursday, June 4th will be issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 3.1%. The ex-dividend date is Thursday, June 4th. Kronos Worldwide’s dividend payout ratio is -17.24%.
Institutional Trading of Kronos Worldwide
Institutional investors have recently made changes to their positions in the business. Wealthspire Retirement LLC bought a new stake in shares of Kronos Worldwide in the first quarter worth $66,000. Bank of New York Mellon Corp lifted its position in shares of Kronos Worldwide by 4.6% in the first quarter. Bank of New York Mellon Corp now owns 804,588 shares of the specialty chemicals company’s stock worth $5,286,000 after purchasing an additional 35,224 shares in the last quarter. IMC Chicago LLC bought a new stake in shares of Kronos Worldwide in the first quarter worth $68,000. Money Concepts Capital Corp bought a new stake in shares of Kronos Worldwide in the first quarter worth $304,000. Finally, Susquehanna Portfolio Strategies LLC bought a new stake in shares of Kronos Worldwide in the fourth quarter worth $53,000. Institutional investors own 15.11% of the company’s stock.
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.
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