Kronos Worldwide (NYSE:KRO) Shares Down 7% – Time to Sell?

Kronos Worldwide Inc (NYSE:KRO) shares fell 7% on Wednesday . The stock traded as low as $6.29 and last traded at $6.3240. Approximately 22,570 shares changed hands during mid-day trading, a decline of 93% from the average session volume of 325,193 shares. The stock had previously closed at $6.80.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on KRO shares. Weiss Ratings reiterated a “sell (d)” rating on shares of Kronos Worldwide in a research report on Friday, March 27th. Wall Street Zen upgraded shares of Kronos Worldwide from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. Finally, Zacks Research raised Kronos Worldwide from a “strong sell” rating to a “hold” rating in a report on Wednesday, May 6th. One investment analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Sell” and an average price target of $5.00.

Kronos Worldwide Price Performance

The company has a market cap of $747.83 million, a P/E ratio of -5.61 and a beta of 0.98. The company has a current ratio of 3.18, a quick ratio of 1.41 and a debt-to-equity ratio of 0.81. The firm’s 50 day moving average price is $6.92 and its 200-day moving average price is $6.01.

Kronos Worldwide (NYSE:KRO) last posted its quarterly earnings results on Wednesday, May 6th. The specialty chemicals company reported ($0.04) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.33) by $0.29. Kronos Worldwide had a negative net margin of 7.12% and a negative return on equity of 15.01%. The business had revenue of $509.80 million during the quarter, compared to the consensus estimate of $524.00 million. As a group, equities research analysts expect that Kronos Worldwide Inc will post -0.33 EPS for the current year.

Kronos Worldwide Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Stockholders 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 dividend on an annualized basis and a dividend yield of 3.1%. Kronos Worldwide’s dividend payout ratio is -17.24%.

Institutional Investors Weigh In On Kronos Worldwide

A number of institutional investors have recently made changes to their positions in the stock. Boston Partners increased 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 valued at $13,092,000 after purchasing an additional 12,962 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of Kronos Worldwide by 4.6% during 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 buying an additional 35,224 shares during the period. Geode Capital Management LLC grew its position in shares of Kronos Worldwide by 1.6% during the 4th quarter. Geode Capital Management LLC now owns 541,095 shares of the specialty chemicals company’s stock worth $2,392,000 after buying an additional 8,641 shares during the period. Bank of America Corp DE increased its stake in shares of Kronos Worldwide by 55.8% in the 3rd quarter. Bank of America Corp DE now owns 472,305 shares of the specialty chemicals company’s stock valued at $2,711,000 after acquiring an additional 169,246 shares during the last quarter. Finally, AQR Capital Management LLC increased its stake in shares of Kronos Worldwide by 3.1% in the 4th quarter. AQR Capital Management LLC now owns 244,595 shares of the specialty chemicals company’s stock valued at $1,081,000 after acquiring an additional 7,382 shares during the last quarter. 15.11% of the stock is owned by institutional investors and hedge funds.

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.