Kronos Worldwide (NYSE:KRO) Shares Up 5.1% – What’s Next?

Kronos Worldwide Inc (NYSE:KRO) traded up 5.1% during mid-day trading on Monday . The stock traded as high as $8.65 and last traded at $8.6150. 154,603 shares traded hands during mid-day trading, a decline of 56% from the average daily volume of 347,880 shares. The stock had previously closed at $8.20.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Deutsche Bank Aktiengesellschaft boosted their target price on Kronos Worldwide from $6.00 to $9.00 and gave the stock a “buy” rating in a research note on Tuesday. The Goldman Sachs Group reiterated a “sell” rating and issued a $8.00 price objective on shares of Kronos Worldwide in a research note on Thursday, August 13th. Zacks Research downgraded Kronos Worldwide from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 14th. Weiss Ratings upgraded shares of Kronos Worldwide from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, July 10th. Finally, Wall Street Zen raised shares of Kronos Worldwide from a “buy” rating to a “strong-buy” rating in a report on Sunday, August 16th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and an average price target of $8.50.

Kronos Worldwide Trading Up 2.5%

The stock has a market cap of $1.03 billion, a price-to-earnings ratio of -9.40 and a beta of 1.01. The business’s 50 day moving average is $6.93 and its 200 day moving average is $6.62. The company has a debt-to-equity ratio of 0.76, a current ratio of 3.30 and a quick ratio of 1.55.

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

Kronos Worldwide Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Thursday, September 3rd. Kronos Worldwide’s payout ratio is currently -21.05%.

Hedge Funds Weigh In On Kronos Worldwide

Large investors have recently bought and sold shares of the stock. Group One Trading LLC acquired a new stake in shares of Kronos Worldwide in the 2nd quarter valued at about $41,000. Raymond James Financial Inc. purchased a new stake in Kronos Worldwide in the 2nd quarter valued at $42,000. Jain Global LLC acquired a new stake in Kronos Worldwide during the 4th quarter worth $46,000. Pilgrim Partners Asia Pte Ltd grew its position in Kronos Worldwide by 68.1% during the 4th quarter. Pilgrim Partners Asia Pte Ltd now owns 11,600 shares of the specialty chemicals company’s stock worth $51,000 after purchasing an additional 4,700 shares during the last quarter. Finally, Susquehanna Portfolio Strategies LLC acquired a new position in Kronos Worldwide in the fourth quarter valued at $53,000. 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.