Kronos Worldwide (NYSE:KRO) Upgraded by Zacks Research to “Strong-Buy” Rating

Zacks Research upgraded shares of Kronos Worldwide (NYSE:KRO) from a hold rating to a strong-buy rating in a research note published on Wednesday,Zacks.com reports.

KRO has been the topic of a number of other research reports. Weiss Ratings reissued a “sell (d)” rating on shares of Kronos Worldwide in a research report on Wednesday, June 24th. Wall Street Zen raised shares of Kronos Worldwide from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. One research analyst has rated the stock with a Strong Buy rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $5.00.

Kronos Worldwide Stock Up 0.7%

Shares of Kronos Worldwide stock opened at $5.92 on Wednesday. The business’s 50 day simple moving average is $6.79 and its 200 day simple moving average is $6.13. Kronos Worldwide has a 52-week low of $4.08 and a 52-week high of $7.89. The firm has a market cap of $681.10 million, a PE ratio of -5.10 and a beta of 1.00. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.41 and a current ratio of 3.18.

Kronos Worldwide (NYSE:KRO) last released its earnings results on Wednesday, May 6th. The specialty chemicals company reported ($0.04) EPS for the quarter, beating the consensus estimate of ($0.33) by $0.29. The firm had revenue of $509.80 million for 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%. On average, analysts predict that Kronos Worldwide will post -0.33 earnings per share for the current fiscal year.

Kronos Worldwide Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were paid a $0.05 dividend. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $0.20 annualized dividend and a dividend yield of 3.4%. Kronos Worldwide’s dividend payout ratio (DPR) is currently -17.24%.

Institutional Trading of Kronos Worldwide

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Boston Partners lifted its stake in Kronos Worldwide by 16.9% in the third quarter. Boston Partners now owns 2,948,114 shares of the specialty chemicals company’s stock valued at $16,921,000 after acquiring an additional 426,662 shares during the last quarter. Bank of America Corp DE increased its stake in shares of 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. AQR Capital Management LLC increased its stake in shares of 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 worth $942,000 after purchasing an additional 104,202 shares during the last quarter. HRT Financial LP bought a new stake in shares of Kronos Worldwide in the 4th quarter valued at about $271,000. Finally, Jump Financial LLC bought a new stake in shares of Kronos Worldwide in the 4th quarter valued at about $250,000. 15.11% of the stock is owned by institutional investors.

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.