Kronos Worldwide Inc (NYSE:KRO – Get Free Report)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $6.00 and traded as high as $6.88. Kronos Worldwide shares last traded at $6.8220, with a volume of 341,975 shares changing hands.
Analysts Set New Price Targets
Several research analysts recently commented on the company. Wall Street Zen raised Kronos Worldwide from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Zacks Research raised Kronos Worldwide from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 6th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Kronos Worldwide in a research report on Friday, March 27th. One research analyst has rated the stock with a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Sell” and a consensus price target of $5.00.
Read Our Latest Analysis on Kronos Worldwide
Kronos Worldwide Trading Down 0.3%
Kronos Worldwide (NYSE:KRO – Get Free Report) last announced its quarterly earnings data on Wednesday, May 6th. The specialty chemicals company reported ($0.04) EPS for the quarter, beating analysts’ consensus estimates of ($0.33) by $0.29. The company had revenue of $509.80 million during the quarter, compared to the consensus estimate 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, research analysts expect that Kronos Worldwide Inc will post -0.33 EPS for the current fiscal year.
Kronos Worldwide Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were paid a $0.05 dividend. This represents a $0.20 annualized dividend and a yield of 2.9%. The ex-dividend date was Thursday, June 4th. Kronos Worldwide’s dividend payout ratio (DPR) is -17.24%.
Hedge Funds Weigh In On Kronos Worldwide
A number of institutional investors have recently bought and sold shares of the business. Boston Partners increased its position in Kronos Worldwide by 16.9% during the third quarter. Boston Partners now owns 2,948,114 shares of the specialty chemicals company’s stock worth $16,921,000 after buying an additional 426,662 shares during the last quarter. Bank of America Corp DE lifted its position in shares of Kronos Worldwide by 55.8% in the third quarter. Bank of America Corp DE now owns 472,305 shares of the specialty chemicals company’s stock valued at $2,711,000 after buying an additional 169,246 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of Kronos Worldwide by 478.7% in the first quarter. AQR Capital Management LLC now owns 125,969 shares of the specialty chemicals company’s stock valued at $942,000 after buying an additional 104,202 shares during the last quarter. HRT Financial LP bought a new position in shares of Kronos Worldwide during the 4th quarter worth approximately $271,000. Finally, Jump Financial LLC bought a new position in shares of Kronos Worldwide during the 4th quarter worth approximately $250,000. Institutional investors and hedge funds 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.
Featured Articles
- Five stocks we like better than Kronos Worldwide
- Buy CrowdStrike Before the Stock Split? Here’s the Case
- Investors Are Buying Into Sweetgreen Again—Should They?
- Burlington Is Winning Over Shoppers But Investors Need Patience
- USA Today’s Digital Revival Is Gaining Steam, But With Plenty of Risk
Receive News & Ratings for Kronos Worldwide Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kronos Worldwide and related companies with MarketBeat.com's FREE daily email newsletter.
