Kronos Worldwide (NYSE:KRO) Upgraded to Buy at Wall Street Zen

Wall Street Zen upgraded shares of Kronos Worldwide (NYSE:KRO) from a hold rating to a buy rating in a report issued on Saturday morning.

Other equities research analysts have also recently issued research reports about the stock. Weiss Ratings upgraded shares of Kronos Worldwide from a “sell (d)” rating to a “sell (d+)” rating in a research note on Friday, July 10th. Zacks Research raised Kronos Worldwide from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 8th. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Kronos Worldwide presently has an average rating of “Hold” and an average target price of $5.00.

Kronos Worldwide Stock Up 3.8%

KRO opened at $8.55 on Friday. The business has a 50 day moving average of $6.57 and a 200-day moving average of $6.37. The stock has a market capitalization of $983.63 million, a price-to-earnings ratio of -9.00 and a beta of 1.01. The company has a current ratio of 3.30, a quick ratio of 1.41 and a debt-to-equity ratio of 0.76. Kronos Worldwide has a 1-year low of $4.08 and a 1-year high of $8.72.

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

Kronos Worldwide Dividend Announcement

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

Institutional Investors Weigh In On Kronos Worldwide

A number of institutional investors have recently added to or reduced their stakes in the stock. PDT Partners LLC grew its stake in shares of Kronos Worldwide by 5.0% in the 2nd quarter. PDT Partners LLC now owns 52,743 shares of the specialty chemicals company’s stock valued at $327,000 after purchasing an additional 2,500 shares during the period. Tolleson Wealth Management Inc. boosted its stake in Kronos Worldwide by 9.6% in the 2nd quarter. Tolleson Wealth Management Inc. now owns 32,045 shares of the specialty chemicals company’s stock valued at $199,000 after buying an additional 2,800 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in Kronos Worldwide by 1.9% in 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 buying an additional 3,244 shares in the last quarter. Barclays PLC grew its position in Kronos Worldwide by 10.6% in the fourth quarter. Barclays PLC now owns 34,015 shares of the specialty chemicals company’s stock valued at $150,000 after acquiring an additional 3,273 shares during the period. Finally, Squarepoint Ops LLC raised its stake in Kronos Worldwide by 13.6% during the third quarter. Squarepoint Ops LLC now owns 34,165 shares of the specialty chemicals company’s stock worth $196,000 after acquiring an additional 4,092 shares in 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.