Kronos Worldwide (NYSE:KRO) Sets New 12-Month High – Time to Buy?

Shares of Kronos Worldwide Inc (NYSE:KRO) hit a new 52-week high during trading on Friday . The company traded as high as $8.90 and last traded at $8.5450, with a volume of 21054 shares trading hands. The stock had previously closed at $8.65.

Wall Street Analyst Weigh In

Several research firms have recently commented on KRO. Zacks Research raised Kronos Worldwide from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 8th. Wall Street Zen raised Kronos Worldwide from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Weiss Ratings upgraded Kronos Worldwide from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, July 10th. Finally, The Goldman Sachs Group restated a “sell” rating and set a $8.00 price objective on shares of Kronos Worldwide in a research note on Thursday. One investment analyst has rated the stock with a Strong Buy rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $8.00.

Kronos Worldwide Trading Down 2.9%

The company has a market capitalization of $966.72 million, a price-to-earnings ratio of -8.82 and a beta of 1.01. The firm has a 50-day moving average price of $6.67 and a 200-day moving average price of $6.46. The company has a current ratio of 3.30, a quick ratio of 1.55 and a debt-to-equity ratio of 0.76.

Kronos Worldwide (NYSE:KRO) last announced its quarterly earnings data on Wednesday, August 5th. The specialty chemicals company reported $0.13 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.06. The business had revenue of $558.10 million during the quarter, compared to analyst estimates of $484.51 million. Kronos Worldwide had a negative return on equity of 12.28% and a negative net margin of 5.63%. As a group, sell-side analysts predict that Kronos Worldwide Inc will post -0.33 EPS for the current year.

Kronos Worldwide Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Thursday, September 3rd will be given a $0.05 dividend. The ex-dividend date is Thursday, September 3rd. This represents a $0.20 annualized dividend and a yield of 2.4%. Kronos Worldwide’s payout ratio is -21.05%.

Institutional Investors Weigh In On Kronos Worldwide

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Group One Trading LLC bought a new position in shares of Kronos Worldwide during the 2nd quarter valued at about $41,000. Raymond James Financial Inc. bought a new stake in shares of Kronos Worldwide in the 2nd quarter worth approximately $42,000. Wealthspire Retirement LLC bought a new stake in shares of Kronos Worldwide in the 1st quarter worth approximately $66,000. Jain Global LLC acquired a new stake in Kronos Worldwide during the fourth quarter valued at approximately $46,000. Finally, IMC Chicago LLC acquired a new stake in Kronos Worldwide during the second quarter valued at approximately $65,000. 15.11% of the stock is owned by institutional investors and hedge funds.

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.