Tronox Holdings PLC $TROX Shares Bought by Wellington Shields Capital Management LLC

Wellington Shields Capital Management LLC increased its stake in Tronox Holdings PLC (NYSE:TROX) by 47.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 866,706 shares of the company’s stock after buying an additional 279,790 shares during the quarter. Wellington Shields Capital Management LLC’s holdings in Tronox were worth $3,484,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Tronox by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 70,574 shares of the company’s stock worth $497,000 after purchasing an additional 3,042 shares in the last quarter. Mitsubishi UFJ Trust & Banking Corp grew its stake in shares of Tronox by 20.5% during the third quarter. Mitsubishi UFJ Trust & Banking Corp now owns 22,255 shares of the company’s stock valued at $89,000 after acquiring an additional 3,786 shares in the last quarter. Knights of Columbus Asset Advisors LLC increased its position in shares of Tronox by 2.6% during the third quarter. Knights of Columbus Asset Advisors LLC now owns 151,576 shares of the company’s stock worth $609,000 after acquiring an additional 3,828 shares during the last quarter. Vanguard Personalized Indexing Management LLC lifted its stake in shares of Tronox by 25.1% in the third quarter. Vanguard Personalized Indexing Management LLC now owns 22,998 shares of the company’s stock worth $92,000 after acquiring an additional 4,618 shares in the last quarter. Finally, Verdence Capital Advisors LLC boosted its holdings in Tronox by 5.6% in the third quarter. Verdence Capital Advisors LLC now owns 115,919 shares of the company’s stock valued at $440,000 after purchasing an additional 6,119 shares during the last quarter. 73.36% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

TROX has been the topic of a number of recent analyst reports. The Goldman Sachs Group upped their target price on Tronox from $5.50 to $7.50 and gave the company a “buy” rating in a research report on Thursday, January 29th. Truist Financial increased their price objective on shares of Tronox from $7.00 to $8.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Mizuho boosted their target price on shares of Tronox from $3.00 to $3.50 and gave the stock an “underperform” rating in a research report on Wednesday, December 10th. Weiss Ratings restated a “sell (d)” rating on shares of Tronox in a research note on Wednesday, January 21st. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $8.00 price target on shares of Tronox in a research note on Tuesday, January 27th. Five equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, Tronox presently has a consensus rating of “Hold” and an average price target of $6.03.

Tronox Price Performance

NYSE TROX opened at $7.46 on Friday. The company has a 50-day moving average price of $5.16 and a two-hundred day moving average price of $4.39. The stock has a market cap of $1.18 billion, a price-to-earnings ratio of -3.64 and a beta of 1.18. The company has a current ratio of 2.72, a quick ratio of 0.73 and a debt-to-equity ratio of 1.97. Tronox Holdings PLC has a 52 week low of $2.86 and a 52 week high of $10.24.

Tronox (NYSE:TROX) last issued its quarterly earnings data on Thursday, November 6th. The company reported ($0.46) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.21) by ($0.25). The business had revenue of $699.00 million during the quarter, compared to the consensus estimate of $776.21 million. Tronox had a negative return on equity of 8.10% and a negative net margin of 11.39%.The business’s quarterly revenue was down 13.1% compared to the same quarter last year. During the same period last year, the company earned ($0.13) earnings per share. Analysts forecast that Tronox Holdings PLC will post 0.49 EPS for the current year.

Tronox Profile

Tronox Holdings plc is a vertically integrated global producer of titanium dioxide (TiO₂) pigment and specialty materials. The company’s operations encompass the full supply chain for TiO₂, from mining and processing titanium-bearing ores—such as ilmenite and rutile—to the production of high-purity pigment for use in paints, coatings, plastics, paper and other industrial applications. In addition to TiO₂, Tronox’s product portfolio includes zircon, rare earth byproducts and other specialty minerals that serve a range of industrial markets.

Tronox operates a network of mines, processing facilities and pigment plants located across North America, Europe, the Middle East, Australia and South Africa.