Kronos Worldwide (NYSE:KRO) Stock Price Up 7.3% – Should You Buy?

Kronos Worldwide Inc (NYSE:KRO)’s share price shot up 7.3% on Thursday . The stock traded as high as $8.30 and last traded at $8.43. 48,691 shares changed hands during trading, a decline of 86% from the average daily volume of 348,310 shares. The stock had previously closed at $7.86.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. Zacks Research raised Kronos Worldwide from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 8th. The Goldman Sachs Group reaffirmed a “sell” rating and set a $8.00 target price on shares of Kronos Worldwide in a research report on Thursday. Wall Street Zen raised Kronos Worldwide from a “hold” rating to a “buy” rating in a research report on Saturday, August 8th. Finally, Weiss Ratings upgraded Kronos Worldwide from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, July 10th. One analyst has rated the stock with a Strong Buy rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $8.00.

Kronos Worldwide Price Performance

The firm has a market capitalization of $980.65 million, a PE ratio of -8.97 and a beta of 1.01. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.55 and a current ratio of 3.30. The stock has a fifty day moving average price of $6.64 and a 200-day moving average price of $6.44.

Kronos Worldwide (NYSE:KRO) last posted its earnings results on Wednesday, August 5th. The specialty chemicals company reported $0.13 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.06. The company had revenue of $558.10 million during the quarter, compared to analysts’ expectations of $484.51 million. Kronos Worldwide had a negative net margin of 5.63% and a negative return on equity of 12.28%. Sell-side analysts forecast that Kronos Worldwide Inc will post -0.33 EPS for the current fiscal year.

Kronos Worldwide Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd will be issued a dividend of $0.05 per share. This represents a $0.20 annualized dividend and a dividend yield of 2.3%. The ex-dividend date is Thursday, September 3rd. Kronos Worldwide’s dividend payout ratio is currently -21.05%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Boston Partners boosted its holdings in Kronos Worldwide by 0.4% in the fourth quarter. Boston Partners now owns 2,961,076 shares of the specialty chemicals company’s stock worth $13,092,000 after acquiring an additional 12,962 shares in the last quarter. BlackRock Inc. purchased a new position in shares of Kronos Worldwide in the 2nd quarter valued at approximately $10,886,000. Bank of New York Mellon Corp boosted its stake in Kronos Worldwide by 4.6% in the 1st quarter. Bank of New York Mellon Corp now owns 804,588 shares of the specialty chemicals company’s stock worth $5,286,000 after purchasing an additional 35,224 shares in the last quarter. Geode Capital Management LLC boosted its stake in Kronos Worldwide by 1.6% in the 4th quarter. Geode Capital Management LLC now owns 541,095 shares of the specialty chemicals company’s stock worth $2,392,000 after purchasing an additional 8,641 shares in the last quarter. Finally, Bank of America Corp DE grew its position 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 worth $2,711,000 after purchasing an additional 169,246 shares during the last quarter. 15.11% of the stock is owned by institutional investors and hedge funds.

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.