PDT Partners LLC Makes New Investment in Kronos Worldwide Inc $KRO

PDT Partners LLC purchased a new stake in Kronos Worldwide Inc (NYSE:KRO) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 211,034 shares of the specialty chemicals company’s stock, valued at approximately $1,336,000.

Other large investors have also recently modified their holdings of the company. Group One Trading LLC bought a new stake in shares of Kronos Worldwide in the second quarter worth $41,000. Raymond James Financial Inc. bought a new position in Kronos Worldwide during the 2nd quarter worth $42,000. Jain Global LLC bought a new position in Kronos Worldwide during the 4th quarter worth $46,000. Pilgrim Partners Asia Pte Ltd lifted its holdings in Kronos Worldwide by 68.1% during the 4th quarter. Pilgrim Partners Asia Pte Ltd now owns 11,600 shares of the specialty chemicals company’s stock worth $51,000 after buying an additional 4,700 shares during the period. Finally, Susquehanna Portfolio Strategies LLC acquired a new position in shares of Kronos Worldwide in the fourth quarter worth approximately $53,000. Institutional investors own 15.11% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on the stock. Deutsche Bank Aktiengesellschaft upped their price target on shares of Kronos Worldwide from $6.00 to $9.00 and gave the company a “buy” rating in a research report on Tuesday. Wall Street Zen upgraded shares of Kronos Worldwide from a “buy” rating to a “strong-buy” rating in a research note on Sunday, August 16th. The Goldman Sachs Group reissued a “sell” rating and issued a $8.00 price objective on shares of Kronos Worldwide in a research note on Thursday, August 13th. Weiss Ratings upgraded shares of Kronos Worldwide from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, July 10th. Finally, Zacks Research downgraded Kronos Worldwide from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 14th. One investment analyst has rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average target price of $8.50.

Kronos Worldwide Trading Down 1.5%

NYSE:KRO opened at $8.78 on Thursday. Kronos Worldwide Inc has a 1 year low of $4.08 and a 1 year high of $9.17. The stock’s fifty day moving average price is $6.97 and its two-hundred day moving average price is $6.64. The company has a debt-to-equity ratio of 0.76, a current ratio of 3.30 and a quick ratio of 1.55. The company 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 earnings results 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 business had revenue of $558.10 million during the quarter, compared to analyst estimates of $484.51 million. Kronos Worldwide had a negative return on equity of 12.28% and a negative net margin of 5.63%. As a group, analysts expect that Kronos Worldwide Inc will post -0.33 EPS for the current year.

Kronos Worldwide Dividend Announcement

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

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.