Thrivent Financial for Lutherans Has $394,000 Holdings in Tronox Holdings PLC $TROX

Thrivent Financial for Lutherans decreased its holdings in Tronox Holdings PLC (NYSE:TROX) by 67.9% during the 3rd quarter, Holdings Channel.com reports. The fund owned 97,860 shares of the company’s stock after selling 206,646 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Tronox were worth $394,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in TROX. Headlands Technologies LLC purchased a new stake in shares of Tronox in the second quarter worth approximately $38,000. Amplius Wealth Advisors LLC purchased a new position in shares of Tronox during the second quarter valued at approximately $64,000. Focus Partners Advisor Solutions LLC bought a new stake in Tronox during the second quarter worth $64,000. Jefferies Financial Group Inc. purchased a new stake in Tronox in the 2nd quarter valued at $66,000. Finally, Pilgrim Partners Asia Pte Ltd purchased a new stake in Tronox in the 3rd quarter valued at $67,000. Institutional investors own 73.36% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have issued reports on TROX shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $8.00 price objective on shares of Tronox in a report on Tuesday, January 27th. Truist Financial upped their price objective on shares of Tronox from $7.00 to $8.00 and gave the stock a “buy” rating in a research report on Thursday, January 29th. UBS Group increased their price objective on shares of Tronox from $3.80 to $5.25 and gave the company a “neutral” rating in a research note on Monday, January 12th. Mizuho boosted their target price on Tronox from $3.00 to $3.50 and gave the stock an “underperform” rating in a research note on Wednesday, December 10th. Finally, Weiss Ratings reaffirmed a “sell (d)” rating on shares of Tronox in a report on Wednesday, January 21st. Five investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, Tronox presently has an average rating of “Hold” and a consensus target price of $6.03.

Tronox Stock Down 3.1%

Tronox stock opened at $7.61 on Wednesday. The firm has a 50 day moving average price of $5.70 and a 200-day moving average price of $4.52. The company has a quick ratio of 0.73, a current ratio of 2.72 and a debt-to-equity ratio of 1.97. Tronox Holdings PLC has a twelve month low of $2.86 and a twelve month high of $8.80. The company has a market capitalization of $1.21 billion, a P/E ratio of -3.71 and a beta of 1.18.

Tronox Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 2nd. Shareholders of record on Monday, February 23rd will be given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Monday, February 23rd. Tronox’s dividend payout ratio (DPR) is currently -9.76%.

Tronox Profile

Tronox Holdings plc is a vertically integrated global producer of titanium dioxide (TiO₂) pigment and specialty materials. The company’s operations encompass the full supply chain for TiO₂, from mining and processing titanium-bearing ores—such as ilmenite and rutile—to the production of high-purity pigment for use in paints, coatings, plastics, paper and other industrial applications. In addition to TiO₂, Tronox’s product portfolio includes zircon, rare earth byproducts and other specialty minerals that serve a range of industrial markets.

Tronox operates a network of mines, processing facilities and pigment plants located across North America, Europe, the Middle East, Australia and South Africa.