Kronos Worldwide Inc (NYSE:KRO – Get Free Report)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $5.43 and traded as high as $5.51. Kronos Worldwide shares last traded at $5.4690, with a volume of 506,166 shares traded.
Analyst Upgrades and Downgrades
A number of equities research analysts have commented on KRO shares. Weiss Ratings reiterated a “sell (d)” rating on shares of Kronos Worldwide in a report on Monday, December 29th. The Goldman Sachs Group decreased their price objective on Kronos Worldwide from $6.00 to $5.00 and set a “sell” rating on the stock in a research note on Tuesday, December 16th. Finally, Zacks Research downgraded shares of Kronos Worldwide from a “hold” rating to a “strong sell” rating in a research note on Wednesday, December 3rd. Four research analysts have rated the stock with a Sell rating, According to MarketBeat, the company has an average rating of “Strong Sell” and a consensus price target of $6.00.
View Our Latest Research Report on KRO
Kronos Worldwide Stock Performance
Kronos Worldwide (NYSE:KRO – Get Free Report) last released its earnings results on Thursday, November 6th. The specialty chemicals company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.12). The business had revenue of $456.90 million for the quarter, compared to analysts’ expectations of $519.27 million. Kronos Worldwide had a negative return on equity of 3.09% and a negative net margin of 2.22%.
Kronos Worldwide Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, December 11th. Investors of record on Friday, November 21st were given a $0.05 dividend. The ex-dividend date of this dividend was Friday, November 21st. This represents a $0.20 annualized dividend and a dividend yield of 3.7%. Kronos Worldwide’s dividend payout ratio (DPR) is currently -55.56%.
Hedge Funds Weigh In On Kronos Worldwide
A number of large investors have recently bought and sold shares of the stock. Boston Partners increased its stake in Kronos Worldwide by 60.0% during the second quarter. Boston Partners now owns 2,521,452 shares of the specialty chemicals company’s stock worth $15,630,000 after acquiring an additional 945,556 shares during the last quarter. Janney Montgomery Scott LLC grew its holdings in shares of Kronos Worldwide by 7.9% during the 2nd quarter. Janney Montgomery Scott LLC now owns 57,469 shares of the specialty chemicals company’s stock worth $356,000 after purchasing an additional 4,214 shares during the period. Rhumbline Advisers increased its position in Kronos Worldwide by 21.3% during the 1st quarter. Rhumbline Advisers now owns 42,377 shares of the specialty chemicals company’s stock worth $317,000 after purchasing an additional 7,429 shares in the last quarter. Segall Bryant & Hamill LLC increased its position in Kronos Worldwide by 56.8% during the 2nd quarter. Segall Bryant & Hamill LLC now owns 197,383 shares of the specialty chemicals company’s stock worth $1,224,000 after purchasing an additional 71,493 shares in the last quarter. Finally, KG&L Capital Management LLC purchased a new position in Kronos Worldwide in the second quarter valued at approximately $69,000. Hedge funds and other institutional investors own 15.11% of the company’s stock.
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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