Kronos Worldwide Inc (NYSE:KRO – Get Free Report)’s stock price was down 6.7% on Friday . The stock traded as low as $5.24 and last traded at $5.29. Approximately 67,645 shares were traded during mid-day trading, a decline of 77% from the average daily volume of 300,208 shares. The stock had previously closed at $5.67.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on KRO. The Goldman Sachs Group cut their target price on shares of Kronos Worldwide from $6.00 to $5.00 and set a “sell” rating on the stock in a research note on Tuesday, December 16th. Zacks Research raised shares of Kronos Worldwide from a “strong sell” rating to a “hold” rating in a research note on Monday, February 2nd. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Kronos Worldwide in a report on Monday, December 29th. One equities research analyst has rated the stock with a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Strong Sell” and a consensus target price of $6.00.
View Our Latest Stock Analysis on Kronos Worldwide
Kronos Worldwide Stock Down 6.2%
Kronos Worldwide Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Tuesday, March 10th will be paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date is Tuesday, March 10th. Kronos Worldwide’s payout ratio is -55.56%.
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in the business. Boston Partners increased its position in shares of Kronos Worldwide by 0.4% during the fourth quarter. Boston Partners now owns 2,961,076 shares of the specialty chemicals company’s stock worth $13,092,000 after acquiring an additional 12,962 shares in the last quarter. Geode Capital Management LLC lifted its position in Kronos Worldwide by 1.6% in the 4th quarter. Geode Capital Management LLC now owns 541,095 shares of the specialty chemicals company’s stock valued at $2,392,000 after acquiring an additional 8,641 shares in the last quarter. Bank of America Corp DE boosted its stake in 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 purchasing an additional 169,246 shares during the last quarter. AQR Capital Management LLC boosted its stake in Kronos Worldwide by 3.1% during the 4th quarter. AQR Capital Management LLC now owns 244,595 shares of the specialty chemicals company’s stock valued at $1,081,000 after purchasing an additional 7,382 shares during the last quarter. Finally, Goldman Sachs Group Inc. increased its holdings in Kronos Worldwide by 7.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 243,280 shares of the specialty chemicals company’s stock worth $1,075,000 after purchasing an additional 17,554 shares in the last quarter. 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.
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