Shares of Kronos Worldwide Inc (NYSE:KRO – Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $5.32 and traded as high as $5.62. Kronos Worldwide shares last traded at $5.4050, with a volume of 664,656 shares trading hands.
Analyst Ratings Changes
KRO has been the topic of several analyst reports. The Goldman Sachs Group reduced their price objective 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 downgraded Kronos Worldwide from a “hold” rating to a “strong sell” rating in a report on Friday, March 13th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of Kronos Worldwide in a research report on Monday, December 29th. Four analysts have rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Strong Sell” and a consensus price target of $6.00.
View Our Latest Analysis on KRO
Kronos Worldwide Stock Performance
Kronos Worldwide (NYSE:KRO – Get Free Report) last released its earnings results on Monday, March 9th. The specialty chemicals company reported ($0.72) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.26) by ($0.46). Kronos Worldwide had a negative net margin of 5.96% and a negative return on equity of 11.72%. The firm had revenue of $418.30 million during the quarter, compared to analyst estimates of $373.26 million.
Kronos Worldwide Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Tuesday, March 10th were given a dividend of $0.05 per share. The ex-dividend date was Tuesday, March 10th. This represents a $0.20 annualized dividend and a dividend yield of 3.7%. Kronos Worldwide’s dividend payout ratio is presently -20.83%.
Institutional Investors Weigh In On Kronos Worldwide
Hedge funds have recently added to or reduced their stakes in the business. Boston Partners lifted its stake in Kronos Worldwide by 0.4% in the fourth quarter. Boston Partners now owns 2,961,076 shares of the specialty chemicals company’s stock valued at $13,092,000 after buying an additional 12,962 shares during the period. Geode Capital Management LLC grew its position in shares of Kronos Worldwide by 1.6% during the 4th quarter. Geode Capital Management LLC now owns 541,095 shares of the specialty chemicals company’s stock worth $2,392,000 after buying an additional 8,641 shares during the period. Bank of America Corp DE increased its stake in shares of Kronos Worldwide by 55.8% in 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 in the last quarter. AQR Capital Management LLC increased its stake in shares of Kronos Worldwide by 3.1% in 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 acquiring an additional 7,382 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in shares of 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 valued at $1,075,000 after acquiring an additional 17,554 shares during the period. 15.11% of the stock is currently owned by institutional investors.
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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