Kronos Worldwide (NYSE:KRO) Releases Quarterly Earnings Results, Beats Estimates By $0.06 EPS

Kronos Worldwide (NYSE:KRO) announced its quarterly earnings results on Wednesday. The specialty chemicals company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.06, FiscalAI reports. Kronos Worldwide had a negative return on equity of 15.01% and a negative net margin of 7.12%.The business had revenue of $558.10 million during the quarter, compared to the consensus estimate of $484.51 million.

Kronos Worldwide Stock Performance

KRO traded down $0.05 during trading hours on Wednesday, hitting $6.19. The stock had a trading volume of 421,776 shares, compared to its average volume of 386,583. Kronos Worldwide has a 1 year low of $4.08 and a 1 year high of $7.89. The company’s fifty day simple moving average is $6.53 and its 200 day simple moving average is $6.34. The stock has a market cap of $711.93 million, a PE ratio of -5.33 and a beta of 1.01. The company has a quick ratio of 1.41, a current ratio of 3.18 and a debt-to-equity ratio of 0.81.

Kronos Worldwide Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were issued a $0.05 dividend. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $0.20 annualized dividend and a yield of 3.2%. Kronos Worldwide’s dividend payout ratio (DPR) is -17.24%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on KRO shares. Weiss Ratings raised shares of Kronos Worldwide from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, July 10th. Zacks Research raised Kronos Worldwide from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 8th. Finally, Wall Street Zen raised Kronos Worldwide from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $5.00.

Hedge Funds Weigh In On Kronos Worldwide

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Jump Financial LLC purchased a new stake in shares of Kronos Worldwide during the 4th quarter valued at approximately $250,000. Inceptionr LLC bought a new position in Kronos Worldwide in the 3rd quarter worth approximately $243,000. Tolleson Wealth Management Inc. grew its stake in Kronos Worldwide by 9.6% in the 2nd quarter. Tolleson Wealth Management Inc. now owns 32,045 shares of the specialty chemicals company’s stock valued at $199,000 after buying an additional 2,800 shares in the last quarter. Squarepoint Ops LLC grew its stake in Kronos Worldwide by 13.6% in the 3rd quarter. Squarepoint Ops LLC now owns 34,165 shares of the specialty chemicals company’s stock valued at $196,000 after buying an additional 4,092 shares in the last quarter. Finally, Jane Street Group LLC raised its holdings in Kronos Worldwide by 20.3% during the 1st quarter. Jane Street Group LLC now owns 24,368 shares of the specialty chemicals company’s stock valued at $182,000 after acquiring an additional 4,104 shares during the period. Institutional investors own 15.11% of the company’s stock.

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.