Kronos Worldwide (NYSE:KRO) Releases Quarterly Earnings Results, Misses Estimates By $0.46 EPS

Kronos Worldwide (NYSE:KRO) announced its earnings results on Monday. The specialty chemicals company reported ($0.72) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.26) by ($0.46), FiscalAI reports. Kronos Worldwide had a negative net margin of 2.22% and a negative return on equity of 3.09%. The company had revenue of $418.30 million during the quarter, compared to analysts’ expectations of $373.26 million.

Kronos Worldwide Trading Up 2.5%

Kronos Worldwide stock traded up $0.13 during mid-day trading on Monday, hitting $5.42. The company’s stock had a trading volume of 450,889 shares, compared to its average volume of 310,881. The business has a 50 day moving average price of $5.58 and a 200-day moving average price of $5.38. The company has a debt-to-equity ratio of 0.78, a current ratio of 3.83 and a quick ratio of 1.47. Kronos Worldwide has a 12 month low of $4.08 and a 12 month high of $8.04. The stock has a market cap of $623.70 million, a price-to-earnings ratio of -15.06 and a beta of 1.12.

Kronos Worldwide Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Tuesday, March 10th will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a $0.20 annualized dividend and a dividend yield of 3.7%. Kronos Worldwide’s dividend payout ratio (DPR) is currently -55.56%.

Institutional Trading of Kronos Worldwide

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Boston Partners grew its holdings in shares of Kronos Worldwide by 16.9% in the third quarter. Boston Partners now owns 2,948,114 shares of the specialty chemicals company’s stock worth $16,921,000 after purchasing an additional 426,662 shares during the last quarter. Bank of America Corp DE raised its holdings in Kronos Worldwide by 55.8% during 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 buying an additional 169,246 shares during the last quarter. AQR Capital Management LLC boosted its position in Kronos Worldwide by 478.7% during the 1st quarter. AQR Capital Management LLC now owns 125,969 shares of the specialty chemicals company’s stock valued at $942,000 after buying an additional 104,202 shares during the period. HRT Financial LP bought a new stake in Kronos Worldwide in the 4th quarter worth $271,000. Finally, Jump Financial LLC purchased a new position in shares of Kronos Worldwide in the fourth quarter valued at about $250,000. Institutional investors own 15.11% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Zacks Research raised shares of Kronos Worldwide from a “strong sell” rating to a “hold” rating in a report on Monday, February 2nd. The Goldman Sachs Group cut their target price on shares of Kronos Worldwide from $6.00 to $5.00 and set a “sell” rating for the company in a research report on Tuesday, December 16th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Kronos Worldwide in a research report on Monday, December 29th. One research analyst has rated the stock with a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Strong Sell” and a consensus price target 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.