Kronos Worldwide (NYSE:KRO) Hits New 12-Month High – What’s Next?

Kronos Worldwide Inc (NYSE:KRO)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $9.17 and last traded at $8.7590, with a volume of 54687 shares trading hands. The stock had previously closed at $8.71.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on KRO. The Goldman Sachs Group reiterated a “sell” rating and issued a $8.00 price objective on shares of Kronos Worldwide in a research note on Thursday, August 13th. Wall Street Zen upgraded shares of Kronos Worldwide from a “buy” rating to a “strong-buy” rating in a research report on Sunday, August 16th. Weiss Ratings raised shares of Kronos Worldwide from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, July 10th. Deutsche Bank Aktiengesellschaft increased their price target on shares of Kronos Worldwide from $6.00 to $9.00 and gave the stock a “buy” rating in a research report on Tuesday. Finally, Zacks Research cut shares of Kronos Worldwide from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 14th. One equities research analyst has rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Kronos Worldwide presently has a consensus rating of “Reduce” and an average target price of $8.50.

Kronos Worldwide Price Performance

The firm has a 50 day moving average price of $6.97 and a 200 day moving average price of $6.64. The company has a quick ratio of 1.55, a current ratio of 3.30 and a debt-to-equity ratio of 0.76. The stock has a market cap of $1.01 billion, a P/E ratio of -9.24 and a beta of 1.01.

Kronos Worldwide (NYSE:KRO) last posted its quarterly earnings data on Wednesday, August 5th. The specialty chemicals company reported $0.13 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.06. The firm had revenue of $558.10 million for the quarter, compared to analysts’ expectations of $484.51 million. Kronos Worldwide had a negative return on equity of 12.28% and a negative net margin of 5.63%. On average, analysts forecast that Kronos Worldwide Inc will post -0.33 EPS for the current fiscal year.

Kronos Worldwide Dividend Announcement

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

Institutional Trading of Kronos Worldwide

A number of hedge funds and other institutional investors have recently modified their holdings of KRO. Susquehanna International Group LLP lifted its stake in shares of Kronos Worldwide by 126.0% during the 2nd quarter. Susquehanna International Group LLP now owns 59,500 shares of the specialty chemicals company’s stock valued at $377,000 after buying an additional 33,173 shares in the last quarter. Public Employees Retirement System of Ohio bought a new position in Kronos Worldwide in the 2nd quarter worth $202,000. Bank of America Corp DE purchased a new stake in Kronos Worldwide in the 2nd quarter worth $2,742,000. Dayah Capital LLC purchased a new stake in Kronos Worldwide in the 2nd quarter worth $878,000. Finally, PDT Partners LLC bought a new stake in Kronos Worldwide during the second quarter valued at about $1,336,000. 15.11% of the stock is owned by hedge funds and other institutional investors.

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.