Kronos Worldwide Inc (NYSE:KRO – Get Free Report)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $5.34 and traded as high as $6.70. Kronos Worldwide shares last traded at $6.6050, with a volume of 307,247 shares traded.
Wall Street Analyst Weigh In
A number of equities research analysts have commented on the company. Zacks Research downgraded Kronos Worldwide from a “hold” rating to a “strong sell” rating in a research report on Friday, March 13th. Weiss Ratings reiterated a “sell (d)” rating on shares of Kronos Worldwide in a report on Friday, March 27th. Finally, The Goldman Sachs Group cut their price objective on Kronos Worldwide from $6.00 to $5.00 and set a “sell” rating for the company in a research report on Tuesday, December 16th. Four research analysts have rated the stock with a Sell rating, According to MarketBeat.com, Kronos Worldwide has an average rating of “Strong Sell” and an average target price of $6.00.
Check Out Our Latest Stock Analysis on KRO
Kronos Worldwide Price Performance
Kronos Worldwide (NYSE:KRO – Get Free Report) last announced its earnings results on Monday, March 9th. The specialty chemicals company reported ($0.72) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 analysts’ expectations of $373.26 million.
Kronos Worldwide Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Tuesday, March 10th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 3.0%. The ex-dividend date was Tuesday, March 10th. Kronos Worldwide’s payout ratio is currently -20.83%.
Hedge Funds Weigh In On Kronos Worldwide
Hedge funds and other institutional investors have recently bought and sold shares of the company. State of Alaska Department of Revenue acquired a new position in Kronos Worldwide in the 3rd quarter valued at about $30,000. Pilgrim Partners Asia Pte Ltd purchased a new stake in shares of Kronos Worldwide during the third quarter worth approximately $40,000. Raymond James Financial Inc. acquired a new stake in Kronos Worldwide in the second quarter valued at approximately $42,000. Jain Global LLC purchased a new position in Kronos Worldwide in the fourth quarter worth approximately $46,000. Finally, Susquehanna Portfolio Strategies LLC purchased a new position in Kronos Worldwide in the fourth quarter worth approximately $53,000. 15.11% of the stock is currently owned by hedge funds and other 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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