Y Intercept Hong Kong Ltd Purchases New Stake in Tronox Holdings PLC $TROX

Y Intercept Hong Kong Ltd acquired a new stake in Tronox Holdings PLC (NYSE:TROX) during the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 97,620 shares of the company’s stock, valued at approximately $495,000. Y Intercept Hong Kong Ltd owned about 0.06% of Tronox at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Envestnet Asset Management Inc. acquired a new position in Tronox in the 2nd quarter valued at $395,000. Ingalls & Snyder LLC acquired a new position in Tronox in the second quarter valued at about $91,000. Focus Partners Advisor Solutions LLC bought a new stake in shares of Tronox during the 2nd quarter worth approximately $64,000. Ground Swell Capital LLC bought a new stake in Tronox during the second quarter worth $70,000. Finally, CWM LLC grew its position in Tronox by 517.0% in the second quarter. CWM LLC now owns 66,211 shares of the company’s stock valued at $336,000 after acquiring an additional 55,480 shares during the last quarter. 73.36% of the stock is owned by institutional investors and hedge funds.

Tronox Price Performance

Shares of NYSE TROX opened at $3.16 on Friday. The stock has a fifty day simple moving average of $4.06 and a two-hundred day simple moving average of $4.71. Tronox Holdings PLC has a 1-year low of $2.86 and a 1-year high of $12.84. The firm has a market cap of $500.15 million, a price-to-earnings ratio of -2.00 and a beta of 1.36. The company has a current ratio of 2.10, a quick ratio of 0.52 and a debt-to-equity ratio of 1.64.

Tronox (NYSE:TROX) last issued its quarterly earnings results on Wednesday, November 5th. The company reported ($0.46) EPS for the quarter, missing analysts’ consensus estimates of ($0.21) by ($0.25). Tronox had a negative net margin of 8.48% and a negative return on equity of 4.83%. The firm had revenue of $699.00 million for the quarter, compared to analysts’ expectations of $776.21 million. During the same period in the prior year, the company earned ($0.13) EPS. The firm’s quarterly revenue was down 13.1% on a year-over-year basis. Tronox has set its Q4 2025 guidance at EPS. Analysts anticipate that Tronox Holdings PLC will post 0.49 earnings per share for the current year.

Tronox Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, January 6th. Stockholders of record on Monday, November 10th will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 6.3%. The ex-dividend date of this dividend is Monday, November 10th. Tronox’s dividend payout ratio (DPR) is presently -9.76%.

Analyst Upgrades and Downgrades

TROX has been the subject of several research reports. Truist Financial dropped their price objective on shares of Tronox from $6.00 to $5.00 and set a “buy” rating for the company in a research note on Monday, October 20th. UBS Group increased their price target on Tronox from $3.60 to $3.90 and gave the company a “neutral” rating in a research note on Monday, October 6th. Alembic Global Advisors restated an “overweight” rating and set a $6.00 price objective on shares of Tronox in a research report on Monday, September 15th. Morgan Stanley reduced their price target on Tronox from $8.00 to $4.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 6th. Finally, The Goldman Sachs Group cut their target price on shares of Tronox from $7.00 to $4.50 and set a “buy” rating on the stock in a research report on Thursday, August 7th. Four analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, Tronox has a consensus rating of “Hold” and an average target price of $4.93.

Insider Activity

In related news, Director Peter Johnston acquired 20,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 12th. The shares were bought at an average cost of $3.21 per share, for a total transaction of $64,200.00. Following the purchase, the director owned 191,513 shares in the company, valued at $614,756.73. This trade represents a 11.66% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.70% of the company’s stock.

Tronox Company Profile

Tronox Holdings plc operates as a vertically integrated manufacturer of TiO2 pigment in North America, South and Central America, Europe, the Middle East, Africa, and the Asia Pacific. The company operates titanium-bearing mineral sand mines; and engages in beneficiation and smelting operations. It offers TiO2 pigment; ultrafine specialty TiO2; zircon; feedstock; pig iron; monazite; titanium tetrachloride; and other products.