Kronos Worldwide (NYSE:KRO) Shares Gap Down Following Weak Earnings

Kronos Worldwide Inc (NYSE:KRO)’s share price gapped down prior to trading on Tuesday following a weaker than expected earnings announcement. The stock had previously closed at $5.42, but opened at $5.21. Kronos Worldwide shares last traded at $5.58, with a volume of 90,341 shares trading hands.

The specialty chemicals company reported ($0.72) EPS for the quarter, missing analysts’ consensus estimates of ($0.26) by ($0.46). Kronos Worldwide had a negative net margin of 2.22% and a negative return on equity of 3.09%. The firm had revenue of $418.30 million for the quarter, compared to the consensus estimate of $373.26 million.

Kronos Worldwide Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Tuesday, March 10th will be given a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a yield of 3.6%. The ex-dividend date of this dividend is Tuesday, March 10th. Kronos Worldwide’s dividend payout ratio (DPR) is -55.56%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on KRO shares. The Goldman Sachs Group reduced their price objective on Kronos Worldwide from $6.00 to $5.00 and set a “sell” rating for the company in a research note on Tuesday, December 16th. Weiss Ratings restated a “sell (d)” rating on shares of Kronos Worldwide in a research report on Monday, December 29th. Finally, Zacks Research raised shares of Kronos Worldwide from a “strong sell” rating to a “hold” rating in a report on Monday, February 2nd. One investment analyst has rated the stock with a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Strong Sell” and a consensus price target of $6.00.

Hedge Funds Weigh In On Kronos Worldwide

Several hedge funds have recently made changes to their positions in the company. AQR Capital Management LLC grew its holdings in shares of Kronos Worldwide by 478.7% during the first quarter. AQR Capital Management LLC now owns 125,969 shares of the specialty chemicals company’s stock worth $942,000 after buying an additional 104,202 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in Kronos Worldwide by 11.1% during the first quarter. Goldman Sachs Group Inc. now owns 220,663 shares of the specialty chemicals company’s stock worth $1,651,000 after buying an additional 22,046 shares in the last quarter. Jane Street Group LLC grew its holdings in shares of Kronos Worldwide by 20.3% in the 1st quarter. Jane Street Group LLC now owns 24,368 shares of the specialty chemicals company’s stock worth $182,000 after acquiring an additional 4,104 shares during the period. Teacher Retirement System of Texas raised its stake in shares of Kronos Worldwide by 4.1% during the 2nd quarter. Teacher Retirement System of Texas now owns 69,020 shares of the specialty chemicals company’s stock worth $428,000 after buying an additional 2,744 shares during the last quarter. Finally, Campbell & CO Investment Adviser LLC lifted its holdings in shares of Kronos Worldwide by 52.3% in the second quarter. Campbell & CO Investment Adviser LLC now owns 106,271 shares of the specialty chemicals company’s stock valued at $659,000 after purchasing an additional 36,499 shares in the last quarter. Hedge funds and other institutional investors own 15.11% of the company’s stock.

Kronos Worldwide Stock Up 3.8%

The firm has a 50-day simple moving average of $5.60 and a two-hundred day simple moving average of $5.37. The company has a market cap of $647.50 million, a PE ratio of -15.71 and a beta of 1.12. The company has a debt-to-equity ratio of 0.78, a current ratio of 3.83 and a quick ratio of 1.47.

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.