Kronos Worldwide (NYSE:KRO) Posts Quarterly Earnings Results, Beats Expectations By $0.29 EPS

Kronos Worldwide (NYSE:KRO) announced its quarterly earnings results on Wednesday. The specialty chemicals company reported ($0.04) earnings per share for the quarter, beating the consensus estimate of ($0.33) by $0.29, FiscalAI reports. The company had revenue of $509.80 million during the quarter, compared to the consensus estimate of $524.00 million. Kronos Worldwide had a negative net margin of 7.12% and a negative return on equity of 15.01%.

Kronos Worldwide Price Performance

Shares of KRO traded up $0.24 during trading hours on Friday, reaching $7.29. 339,656 shares of the stock traded hands, compared to its average volume of 344,542. The company has a current ratio of 3.18, a quick ratio of 0.99 and a debt-to-equity ratio of 0.81. Kronos Worldwide has a 52-week low of $4.08 and a 52-week high of $7.90. The company’s 50-day moving average price is $6.22 and its two-hundred day moving average price is $5.51. The company has a market cap of $838.37 million, a P/E ratio of -6.28 and a beta of 1.00.

Kronos Worldwide Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Tuesday, March 10th were given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Tuesday, March 10th. Kronos Worldwide’s payout ratio is -17.24%.

Wall Street Analysts Forecast Growth

KRO has been the subject of several analyst reports. Zacks Research raised shares of Kronos Worldwide from a “strong sell” rating to a “hold” rating in a research report on Wednesday. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Kronos Worldwide in a research report on Friday, March 27th. Finally, 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 equities research analyst has rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Strong Sell” and an average price target of $6.00.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. PDT Partners LLC lifted its stake in shares of Kronos Worldwide by 5.0% during the 2nd quarter. PDT Partners LLC now owns 52,743 shares of the specialty chemicals company’s stock valued at $327,000 after buying an additional 2,500 shares in the last quarter. Tolleson Wealth Management Inc. boosted its holdings in shares of Kronos Worldwide by 9.6% during the 2nd quarter. Tolleson Wealth Management Inc. now owns 32,045 shares of the specialty chemicals company’s stock valued at $199,000 after purchasing an additional 2,800 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Kronos Worldwide by 1.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 175,962 shares of the specialty chemicals company’s stock valued at $778,000 after purchasing an additional 3,244 shares during the last quarter. Barclays PLC boosted its holdings in shares of Kronos Worldwide by 10.6% during the 4th quarter. Barclays PLC now owns 34,015 shares of the specialty chemicals company’s stock valued at $150,000 after purchasing an additional 3,273 shares during the last quarter. Finally, Squarepoint Ops LLC boosted its holdings in shares of Kronos Worldwide by 13.6% during the 3rd quarter. Squarepoint Ops LLC now owns 34,165 shares of the specialty chemicals company’s stock valued at $196,000 after purchasing an additional 4,092 shares during the last quarter. 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.