Kronos Worldwide (NYSE:KRO) Posts Earnings Results, Beats Expectations By $0.06 EPS

Kronos Worldwide (NYSE:KRO) issued its quarterly earnings data on Wednesday. The specialty chemicals company reported $0.13 EPS for the quarter, topping analysts’ consensus estimates of $0.07 by $0.06, FiscalAI reports. The business had revenue of $558.10 million for the quarter, compared to analysts’ expectations of $484.51 million. Kronos Worldwide had a negative net margin of 7.12% and a negative return on equity of 15.01%.

Kronos Worldwide Trading Down 0.8%

Kronos Worldwide stock traded down $0.05 during trading on Wednesday, reaching $6.19. 421,776 shares of the company were exchanged, compared to its average volume of 386,583. The stock’s 50 day simple moving average is $6.53 and its two-hundred day simple moving average is $6.34. The company has a market capitalization of $711.93 million, a P/E ratio of -5.33 and a beta of 1.01. The company has a debt-to-equity ratio of 0.81, a current ratio of 3.18 and a quick ratio of 1.41. Kronos Worldwide has a 52-week low of $4.08 and a 52-week high of $7.89.

Kronos Worldwide Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 18th. Investors of record on Thursday, June 4th were issued a $0.05 dividend. This represents a $0.20 annualized dividend and a dividend yield of 3.2%. The ex-dividend date of this dividend was Thursday, June 4th. Kronos Worldwide’s dividend payout ratio (DPR) is currently -17.24%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. EP Wealth Advisors LLC acquired a new position in shares of Kronos Worldwide during the 4th quarter valued at about $110,000. Susquehanna Portfolio Strategies LLC acquired a new stake in Kronos Worldwide during the fourth quarter worth about $53,000. Quadrature Capital Ltd acquired a new stake in Kronos Worldwide during the fourth quarter worth about $59,000. Millennium Management LLC increased its position in Kronos Worldwide by 66.4% during the fourth quarter. Millennium Management LLC now owns 104,351 shares of the specialty chemicals company’s stock worth $461,000 after purchasing an additional 41,639 shares during the last quarter. Finally, Engineers Gate Manager LP purchased a new position in Kronos Worldwide during the fourth quarter worth about $111,000. Hedge funds and other institutional investors own 15.11% of the company’s stock.

Wall Street Analysts Forecast Growth

KRO has been the topic of a number of recent analyst reports. Weiss Ratings raised shares of Kronos Worldwide from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, July 10th. Zacks Research raised shares of Kronos Worldwide from a “hold” rating to a “strong-buy” rating in a report on Wednesday, July 8th. Finally, Wall Street Zen upgraded shares of Kronos Worldwide from a “sell” rating to a “hold” rating in a research report on Saturday, April 25th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $5.00.

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.