Y Intercept Hong Kong Ltd Invests $495,000 in Tronox Holdings PLC $TROX

Y Intercept Hong Kong Ltd purchased a new stake in shares of Tronox Holdings PLC (NYSE:TROX) in the second quarter, HoldingsChannel reports. The institutional investor purchased 97,620 shares of the company’s stock, valued at approximately $495,000.

A number of other institutional investors have also added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Tronox by 36.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 32,936 shares of the company’s stock worth $232,000 after acquiring an additional 8,777 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new stake in Tronox in the first quarter valued at $102,000. Teacher Retirement System of Texas bought a new position in Tronox in the first quarter worth about $122,000. Nisa Investment Advisors LLC boosted its position in shares of Tronox by 763.5% during the first quarter. Nisa Investment Advisors LLC now owns 9,127 shares of the company’s stock valued at $65,000 after purchasing an additional 8,070 shares in the last quarter. Finally, CWM LLC raised its holdings in Tronox by 1,186.7% in the first quarter. CWM LLC now owns 10,731 shares of the company’s stock worth $76,000 after purchasing an additional 9,897 shares in the last quarter. Institutional investors own 73.36% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. UBS Group boosted their price objective on shares of Tronox from $3.60 to $3.90 and gave the stock a “neutral” rating in a research note on Monday, October 6th. Truist Financial cut their target price on Tronox from $6.00 to $5.00 and set a “buy” rating on the stock in a research note on Monday, October 20th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Tronox in a research report on Friday, October 3rd. Alembic Global Advisors reiterated an “overweight” rating and issued a $6.00 target price on shares of Tronox in a research note on Monday, September 15th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Tronox in a report on Wednesday, October 8th. Four investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the stock. According to data from MarketBeat.com, Tronox presently has a consensus rating of “Hold” and a consensus price target of $4.93.

Insider Activity at Tronox

In other Tronox news, Director Peter Johnston bought 20,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 12th. The shares were bought at an average price of $3.21 per share, with a total value of $64,200.00. Following the purchase, the director owned 191,513 shares of the company’s stock, valued at $614,756.73. This trade represents a 11.66% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.70% of the stock is owned by insiders.

Tronox Stock Performance

TROX opened at $3.16 on Friday. Tronox Holdings PLC has a 12-month low of $2.86 and a 12-month high of $12.84. The company has a market cap of $500.15 million, a price-to-earnings ratio of -2.00 and a beta of 1.36. The company has a current ratio of 2.10, a quick ratio of 0.52 and a debt-to-equity ratio of 1.64. The company’s 50 day moving average is $4.06 and its 200 day moving average is $4.71.

Tronox (NYSE:TROX) last posted its quarterly earnings data on Wednesday, November 5th. The company reported ($0.46) EPS for the quarter, missing the consensus estimate of ($0.21) by ($0.25). Tronox had a negative return on equity of 4.83% and a negative net margin of 8.48%.The company had revenue of $699.00 million during the quarter, compared to analysts’ expectations of $776.21 million. During the same quarter last year, the company earned ($0.13) earnings per share. The company’s revenue for the quarter was down 13.1% on a year-over-year basis. Tronox has set its Q4 2025 guidance at EPS. On average, equities research analysts predict that Tronox Holdings PLC will post 0.49 EPS for the current year.

Tronox Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, January 6th. Shareholders of record on Monday, November 10th will be issued a dividend of $0.05 per share. The ex-dividend date of this dividend is Monday, November 10th. This represents a $0.20 dividend on an annualized basis and a yield of 6.3%. Tronox’s dividend payout ratio (DPR) is currently -9.76%.

Tronox Company Profile

Tronox Holdings plc operates as a vertically integrated manufacturer of TiO2 pigment in North America, South and Central America, Europe, the Middle East, Africa, and the Asia Pacific. The company operates titanium-bearing mineral sand mines; and engages in beneficiation and smelting operations. It offers TiO2 pigment; ultrafine specialty TiO2; zircon; feedstock; pig iron; monazite; titanium tetrachloride; and other products.