Kronos Worldwide (NYSE:KRO) Upgraded at Zacks Research

Zacks Research upgraded shares of Kronos Worldwide (NYSE:KRO) from a strong sell rating to a hold rating in a research note issued to investors on Monday,Zacks.com reports.

Several other equities analysts also recently commented on KRO. Weiss Ratings reiterated a “sell (d)” rating on shares of Kronos Worldwide in a report on Monday, December 29th. The Goldman Sachs Group reduced their target price on shares of Kronos Worldwide from $6.00 to $5.00 and set a “sell” rating for the company in a report on Tuesday, December 16th. One analyst has rated the stock with a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Strong Sell” and a consensus price target of $6.00.

Kronos Worldwide Trading Up 4.6%

Kronos Worldwide stock opened at $6.16 on Monday. The stock has a 50-day simple moving average of $5.02 and a 200 day simple moving average of $5.34. The stock has a market capitalization of $708.71 million, a P/E ratio of -17.11 and a beta of 1.14. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.47 and a current ratio of 3.83. Kronos Worldwide has a 52 week low of $4.08 and a 52 week high of $9.85.

Kronos Worldwide (NYSE:KRO) last released its quarterly earnings data on Thursday, November 6th. The specialty chemicals company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.12). Kronos Worldwide had a negative net margin of 2.22% and a negative return on equity of 3.09%. The business had revenue of $456.90 million during the quarter, compared to the consensus estimate of $519.27 million.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Pilgrim Partners Asia Pte Ltd boosted its stake in shares of Kronos Worldwide by 68.1% in the fourth quarter. Pilgrim Partners Asia Pte Ltd now owns 11,600 shares of the specialty chemicals company’s stock valued at $51,000 after buying an additional 4,700 shares during the period. Hennion & Walsh Asset Management Inc. increased its stake in Kronos Worldwide by 46.8% during the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 35,559 shares of the specialty chemicals company’s stock worth $157,000 after acquiring an additional 11,335 shares during the period. Verition Fund Management LLC acquired a new position in Kronos Worldwide in the 3rd quarter valued at $150,000. Qube Research & Technologies Ltd raised its holdings in Kronos Worldwide by 10.5% in the 3rd quarter. Qube Research & Technologies Ltd now owns 122,648 shares of the specialty chemicals company’s stock valued at $704,000 after acquiring an additional 11,639 shares in the last quarter. Finally, Bank of America Corp DE lifted its position in shares of Kronos Worldwide by 55.8% during the 3rd quarter. Bank of America Corp DE now owns 472,305 shares of the specialty chemicals company’s stock valued at $2,711,000 after acquiring an additional 169,246 shares during the period. 15.11% of the stock is owned by institutional investors.

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.