Kronos Worldwide (NYSE:KRO) Stock Price Up 7% – What’s Next?

Kronos Worldwide Inc (NYSE:KRO) rose 7% during mid-day trading on Wednesday . The stock traded as high as $7.23 and last traded at $7.2020. Approximately 70,390 shares traded hands during trading, a decline of 79% from the average session volume of 328,159 shares. The stock had previously closed at $6.73.

Analysts Set New Price Targets

Several research analysts have recently commented on KRO shares. Weiss Ratings raised Kronos Worldwide from a “sell (d)” rating to a “sell (d+)” rating in a research report on Friday, July 10th. Zacks Research upgraded Kronos Worldwide from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 8th. Finally, Wall Street Zen upgraded shares of Kronos Worldwide from a “sell” rating to a “hold” rating in a report on Saturday, April 25th. One investment analyst has rated the stock with a Strong Buy rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $5.00.

Kronos Worldwide Trading Down 6.4%

The company has a 50 day moving average of $6.64 and a two-hundred day moving average of $6.27. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.41 and a current ratio of 3.18. The stock has a market capitalization of $764.28 million, a PE ratio of -5.73 and a beta of 1.00.

Kronos Worldwide (NYSE:KRO) last released its quarterly earnings results on Wednesday, May 6th. The specialty chemicals company reported ($0.04) EPS for the quarter, beating analysts’ consensus estimates of ($0.33) by $0.29. The company had revenue of $509.80 million during the quarter, compared to analysts’ expectations of $524.00 million. Kronos Worldwide had a negative return on equity of 15.01% and a negative net margin of 7.12%. Sell-side analysts predict that Kronos Worldwide Inc will post -0.33 EPS for the current year.

Kronos Worldwide Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were given a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend was Thursday, June 4th. Kronos Worldwide’s dividend payout ratio (DPR) is presently -17.24%.

Institutional Investors Weigh In On Kronos Worldwide

A number of large investors have recently bought and sold shares of KRO. Wealthspire Retirement LLC acquired a new stake in Kronos Worldwide during the 1st quarter valued at approximately $66,000. Bank of New York Mellon Corp increased its stake in shares of Kronos Worldwide by 4.6% in the first quarter. Bank of New York Mellon Corp now owns 804,588 shares of the specialty chemicals company’s stock worth $5,286,000 after acquiring an additional 35,224 shares during the period. IMC Chicago LLC acquired a new stake in shares of Kronos Worldwide in the first quarter worth $68,000. Susquehanna Portfolio Strategies LLC purchased a new position in shares of Kronos Worldwide during the fourth quarter worth $53,000. Finally, Jain Global LLC purchased a new position in shares of Kronos Worldwide during the fourth quarter worth $46,000. Hedge funds and other 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.