Dimensional Fund Advisors LP Sells 1,099,073 Shares of Tronox Holdings PLC $TROX

Dimensional Fund Advisors LP decreased its position in Tronox Holdings PLC (NYSE:TROX) by 16.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,457,105 shares of the company’s stock after selling 1,099,073 shares during the period. Dimensional Fund Advisors LP’s holdings in Tronox were worth $53,310,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Van Lanschot Kempen Investment Management N.V. grew its holdings in Tronox by 123.0% during the fourth quarter. Van Lanschot Kempen Investment Management N.V. now owns 4,347,134 shares of the company’s stock valued at $18,128,000 after purchasing an additional 2,398,038 shares during the period. Bank of America Corp DE raised its stake in shares of Tronox by 199.3% in the third quarter. Bank of America Corp DE now owns 2,059,052 shares of the company’s stock valued at $8,277,000 after buying an additional 1,371,158 shares during the period. Qube Research & Technologies Ltd raised its stake in shares of Tronox by 355.4% in the second quarter. Qube Research & Technologies Ltd now owns 1,650,069 shares of the company’s stock valued at $8,366,000 after buying an additional 1,287,755 shares during the period. Lightrock Netherlands B.V. lifted its position in shares of Tronox by 66.8% during the 4th quarter. Lightrock Netherlands B.V. now owns 3,051,286 shares of the company’s stock valued at $12,724,000 after buying an additional 1,222,115 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in shares of Tronox by 27.2% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 5,637,371 shares of the company’s stock valued at $23,508,000 after buying an additional 1,205,249 shares during the last quarter. 73.36% of the stock is owned by institutional investors.

Tronox Trading Down 6.6%

NYSE:TROX opened at $5.84 on Friday. Tronox Holdings PLC has a 1 year low of $2.86 and a 1 year high of $10.59. The stock’s fifty day moving average price is $6.86 and its two-hundred day moving average price is $7.53. The company has a debt-to-equity ratio of 2.36, a current ratio of 2.42 and a quick ratio of 0.66. The company has a market cap of $932.39 million, a P/E ratio of -2.00 and a beta of 0.80.

Tronox (NYSE:TROX) last announced its quarterly earnings results on Wednesday, May 6th. The company reported ($0.55) earnings per share for the quarter, missing the consensus estimate of ($0.48) by ($0.07). The company had revenue of $760.00 million during the quarter, compared to analysts’ expectations of $751.38 million. Tronox had a negative net margin of 15.82% and a negative return on equity of 19.93%. Tronox’s revenue for the quarter was up 3.0% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.15) earnings per share. As a group, analysts expect that Tronox Holdings PLC will post -1.27 EPS for the current year.

Tronox Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 9th. Shareholders of record on Monday, August 10th will be paid a $0.05 dividend. The ex-dividend date is Monday, August 10th. This represents a $0.20 annualized dividend and a yield of 3.4%. Tronox’s dividend payout ratio (DPR) is currently -6.85%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the company. Wall Street Zen downgraded Tronox from a “hold” rating to a “sell” rating in a research note on Saturday, June 6th. Deutsche Bank Aktiengesellschaft set a $10.00 price objective on Tronox in a research note on Wednesday, May 20th. Truist Financial raised shares of Tronox from a “sell” rating to a “hold” rating and set a $7.00 price objective on the stock in a report on Thursday, June 11th. The Goldman Sachs Group cut their target price on shares of Tronox from $9.00 to $6.50 and set a “sell” rating for the company in a research report on Wednesday, July 22nd. Finally, UBS Group lifted their target price on shares of Tronox from $7.50 to $9.00 and gave the stock a “neutral” rating in a research note on Thursday, April 9th. Two investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $6.79.

Tronox Profile

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.