Dayah Capital LLC Invests $878,000 in Kronos Worldwide Inc $KRO

Dayah Capital LLC purchased a new position in Kronos Worldwide Inc (NYSE:KROFree Report) during the second quarter, HoldingsChannel reports. The firm purchased 138,746 shares of the specialty chemicals company’s stock, valued at approximately $878,000. Kronos Worldwide accounts for about 0.3% of Dayah Capital LLC’s investment portfolio, making the stock its 18th largest position.

Other institutional investors also recently added to or reduced their stakes in the company. AQR Capital Management LLC boosted its position in Kronos Worldwide by 478.7% in the 1st quarter. AQR Capital Management LLC now owns 125,969 shares of the specialty chemicals company’s stock valued at $942,000 after buying an additional 104,202 shares during the period. Goldman Sachs Group Inc. increased its position in shares of Kronos Worldwide by 11.1% during the first quarter. Goldman Sachs Group Inc. now owns 220,663 shares of the specialty chemicals company’s stock worth $1,651,000 after acquiring an additional 22,046 shares during the period. Jane Street Group LLC raised its stake in shares of Kronos Worldwide by 20.3% during the first quarter. Jane Street Group LLC now owns 24,368 shares of the specialty chemicals company’s stock valued at $182,000 after acquiring an additional 4,104 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Kronos Worldwide by 2.4% during the second quarter. Geode Capital Management LLC now owns 527,839 shares of the specialty chemicals company’s stock valued at $3,273,000 after acquiring an additional 12,260 shares in the last quarter. Finally, Creative Planning raised its stake in shares of Kronos Worldwide by 13.1% during the second quarter. Creative Planning now owns 42,064 shares of the specialty chemicals company’s stock valued at $261,000 after acquiring an additional 4,857 shares in the last quarter. Hedge funds and other institutional investors own 15.11% of the company’s stock.

Kronos Worldwide Trading Up 2.5%

Shares of NYSE KRO opened at $8.93 on Wednesday. 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 stock has a market capitalization of $1.03 billion, a P/E ratio of -9.40 and a beta of 1.01. Kronos Worldwide Inc has a 1-year low of $4.08 and a 1-year high of $9.17. The business has a fifty day moving average price of $6.93 and a 200 day moving average price of $6.62.

Kronos Worldwide (NYSE:KROGet Free Report) last issued 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. Kronos Worldwide had a negative return on equity of 12.28% and a negative net margin of 5.63%.The company had revenue of $558.10 million for the quarter, compared to the consensus estimate of $484.51 million. Equities research analysts expect 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. Stockholders of record on Thursday, September 3rd will be issued a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date is Thursday, September 3rd. Kronos Worldwide’s dividend payout ratio (DPR) is currently -21.05%.

Wall Street Analyst Weigh In

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

View Our Latest Stock Analysis on KRO

Kronos Worldwide Company Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Kronos Worldwide (NYSE:KRO)

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