Kronos Worldwide (NYSE:KRO) Rating Increased to Strong-Buy at Wall Street Zen

Wall Street Zen upgraded shares of Kronos Worldwide (NYSE:KRO) from a buy rating to a strong-buy rating in a research report released on Sunday morning.

A number of other brokerages also recently commented on KRO. The Goldman Sachs Group reissued a “sell” rating and set a $8.00 price objective on shares of Kronos Worldwide in a research report on Thursday. Weiss Ratings raised shares of Kronos Worldwide from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, July 10th. Finally, Zacks Research upgraded shares of Kronos Worldwide from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, July 8th. One analyst has rated the stock with a Strong Buy rating and two have given a Sell rating to the company. According to MarketBeat, Kronos Worldwide presently has a consensus rating of “Hold” and a consensus price target of $8.00.

Kronos Worldwide Price Performance

Kronos Worldwide stock opened at $8.42 on Friday. The firm has a market cap of $969.60 million, a PE ratio of -8.87 and a beta of 1.01. Kronos Worldwide has a 52-week low of $4.08 and a 52-week high of $8.90. 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 company’s 50 day moving average is $6.71 and its two-hundred day moving average is $6.48.

Kronos Worldwide (NYSE:KRO) last posted its quarterly earnings results on Wednesday, August 5th. The specialty chemicals company reported $0.13 EPS for the quarter, topping the consensus estimate of $0.07 by $0.06. The business had revenue of $558.10 million during the quarter, compared to the consensus estimate of $484.51 million. Kronos Worldwide had a negative net margin of 5.63% and a negative return on equity of 12.28%. On average, research analysts expect that Kronos Worldwide 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. Investors of record on Thursday, September 3rd will be paid a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Thursday, September 3rd. Kronos Worldwide’s dividend payout ratio (DPR) is currently -21.05%.

Institutional Investors Weigh In On Kronos Worldwide

Large investors have recently modified their holdings of the company. Group One Trading LLC acquired a new position in Kronos Worldwide in the 2nd quarter valued at about $41,000. Raymond James Financial Inc. purchased a new position in Kronos Worldwide in the second quarter worth $42,000. Jain Global LLC purchased a new position in shares of Kronos Worldwide in the 4th quarter valued at about $46,000. Pilgrim Partners Asia Pte Ltd lifted its stake in shares of Kronos Worldwide by 68.1% in the fourth quarter. Pilgrim Partners Asia Pte Ltd now owns 11,600 shares of the specialty chemicals company’s stock valued at $51,000 after purchasing an additional 4,700 shares during the period. Finally, Susquehanna Portfolio Strategies LLC acquired a new stake in shares of Kronos Worldwide in the fourth quarter valued at about $53,000. 15.11% of the stock is owned by institutional investors and hedge funds.

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.