Inspire Advisors LLC Purchases 93,012 Shares of Tronox Holdings PLC $TROX

Inspire Advisors LLC increased its holdings in Tronox Holdings PLC (NYSE:TROX) by 20.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 552,791 shares of the company’s stock after acquiring an additional 93,012 shares during the period. Inspire Advisors LLC owned about 0.35% of Tronox worth $2,222,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the business. Headlands Technologies LLC purchased a new stake in shares of Tronox during the 2nd quarter worth approximately $38,000. Public Employees Retirement System of Ohio increased its position in Tronox by 48.9% in the second quarter. Public Employees Retirement System of Ohio now owns 9,844 shares of the company’s stock worth $50,000 after buying an additional 3,231 shares during the last quarter. Focus Partners Advisor Solutions LLC purchased a new position in shares of Tronox during the 2nd quarter valued at $64,000. Amplius Wealth Advisors LLC bought a new position in Tronox during the second quarter worth about $64,000. Finally, Jefferies Financial Group Inc. purchased a new position in Tronox in the 2nd quarter valued at approximately $66,000. 73.36% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the company. Truist Financial reduced their target price on Tronox from $6.00 to $5.00 and set a “buy” rating for the company in a research report on Monday, October 20th. JPMorgan Chase & Co. restated a “neutral” rating on shares of Tronox in a report on Friday, October 3rd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $6.00 target price on shares of Tronox in a report on Tuesday, December 16th. UBS Group lifted their price target on shares of Tronox from $3.80 to $5.25 and gave the company a “neutral” rating in a research report on Monday, January 12th. Finally, The Goldman Sachs Group raised their price target on Tronox from $4.25 to $5.50 and gave the company a “buy” rating in a report on Tuesday, December 16th. Five analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Tronox has an average rating of “Hold” and an average price target of $5.33.

Tronox Price Performance

NYSE TROX opened at $5.73 on Monday. The company has a current ratio of 2.72, a quick ratio of 0.73 and a debt-to-equity ratio of 1.97. Tronox Holdings PLC has a 12 month low of $2.86 and a 12 month high of $10.60. The stock has a market cap of $907.70 million, a price-to-earnings ratio of -2.79 and a beta of 1.16. The company’s 50 day moving average is $4.25 and its two-hundred day moving average is $4.27.

Tronox (NYSE:TROX) last announced its quarterly earnings data on Thursday, November 6th. The company reported ($0.46) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.21) by ($0.25). The firm had revenue of $699.00 million during the quarter, compared to analysts’ expectations of $776.21 million. Tronox had a negative return on equity of 8.10% and a negative net margin of 11.39%.The business’s revenue for the quarter was down 13.1% on a year-over-year basis. During the same period last year, the company earned ($0.13) earnings per share. As a group, research analysts anticipate that Tronox Holdings PLC will post 0.49 earnings per share for the current year.

Tronox Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, January 6th. Investors of record on Monday, November 10th were issued a $0.05 dividend. The ex-dividend date of this dividend was Monday, November 10th. This represents a $0.20 dividend on an annualized basis and a yield of 3.5%. Tronox’s payout ratio is currently -9.76%.

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.