Kronos Worldwide Inc (NYSE:KRO – Get Free Report) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $6.08 and traded as high as $6.33. Kronos Worldwide shares last traded at $6.1160, with a volume of 223,487 shares changing hands.
Wall Street Analysts Forecast Growth
Several research firms have weighed in on KRO. Weiss Ratings reiterated a “sell (d)” rating on shares of Kronos Worldwide in a report on Wednesday, June 24th. Wall Street Zen raised shares of Kronos Worldwide from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. Finally, Zacks Research upgraded shares of Kronos Worldwide from a “strong sell” rating to a “hold” rating in a research report on Wednesday, May 6th. One equities research analyst has rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Sell” and a consensus price target of $5.00.
Kronos Worldwide Price Performance
Kronos Worldwide (NYSE:KRO – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The specialty chemicals company reported ($0.04) EPS for the quarter, topping analysts’ consensus estimates of ($0.33) by $0.29. The business had revenue of $509.80 million for the quarter, compared to analyst estimates 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 Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Shareholders of record on Thursday, June 4th were issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date was Thursday, June 4th. Kronos Worldwide’s dividend payout ratio is -17.24%.
Institutional Trading of Kronos Worldwide
A number of institutional investors have recently modified their holdings of the company. PDT Partners LLC boosted its position in shares of Kronos Worldwide by 5.0% during the second quarter. PDT Partners LLC now owns 52,743 shares of the specialty chemicals company’s stock worth $327,000 after buying an additional 2,500 shares during the period. Tolleson Wealth Management Inc. raised its position in Kronos Worldwide by 9.6% in the 2nd quarter. Tolleson Wealth Management Inc. now owns 32,045 shares of the specialty chemicals company’s stock valued at $199,000 after buying an additional 2,800 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in Kronos Worldwide by 1.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 175,962 shares of the specialty chemicals company’s stock valued at $778,000 after buying an additional 3,244 shares during the last quarter. Barclays PLC lifted its stake in Kronos Worldwide by 10.6% in the 4th quarter. Barclays PLC now owns 34,015 shares of the specialty chemicals company’s stock valued at $150,000 after acquiring an additional 3,273 shares in the last quarter. Finally, Squarepoint Ops LLC lifted its stake in Kronos Worldwide by 13.6% in the 3rd quarter. Squarepoint Ops LLC now owns 34,165 shares of the specialty chemicals company’s stock valued at $196,000 after acquiring an additional 4,092 shares in the last quarter. 15.11% of the stock is currently owned by institutional investors.
About Kronos Worldwide
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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