Kronos Worldwide (KRO) to Release Earnings on Monday

Kronos Worldwide (NYSE:KRO) is expected to be issuing its results after the market closes on Monday, March 9th. Analysts expect the company to announce earnings of ($0.26) per share and revenue of $373.2570 million for the quarter.

Kronos Worldwide Trading Down 6.2%

Shares of KRO opened at $5.32 on Friday. The business’s 50-day moving average price is $5.58 and its 200 day moving average price is $5.39. The company has a current ratio of 3.83, a quick ratio of 1.47 and a debt-to-equity ratio of 0.78. The stock has a market capitalization of $612.07 million, a P/E ratio of -14.78 and a beta of 1.12. Kronos Worldwide has a 1-year low of $4.08 and a 1-year high of $8.04.

Kronos Worldwide Announces Dividend

The company also recently disclosed 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 3.8%. The ex-dividend date is Tuesday, March 10th. Kronos Worldwide’s payout ratio is presently -55.56%.

Institutional Trading of Kronos Worldwide

Hedge funds have recently added to or reduced their stakes in the business. Boston Partners increased its position in shares of Kronos Worldwide by 0.4% during the 4th quarter. Boston Partners now owns 2,961,076 shares of the specialty chemicals company’s stock worth $13,092,000 after purchasing an additional 12,962 shares in the last quarter. Geode Capital Management LLC increased its holdings in shares of Kronos Worldwide by 1.6% during the fourth 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 in the last quarter. Bank of America Corp DE boosted its holdings 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 worth $2,711,000 after acquiring an additional 169,246 shares in the last quarter. AQR Capital Management LLC grew its position 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 worth $1,081,000 after acquiring 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 valued at $1,075,000 after purchasing an additional 17,554 shares in the last quarter. Institutional investors own 15.11% of the company’s stock.

Analyst Upgrades and Downgrades

KRO has been the subject of a number of research analyst reports. Zacks Research upgraded Kronos Worldwide from a “strong sell” rating to a “hold” rating in a report on Monday, February 2nd. Weiss Ratings reissued a “sell (d)” rating on shares of Kronos Worldwide in a research report on Monday, December 29th. Finally, 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. One research analyst has rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Strong Sell” and a consensus target price of $6.00.

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.