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

Key Points

• Wall Street Zen upgraded Kronos Worldwide to “Buy” from “Hold,” while the broader analyst consensus remains “Hold” with a $5.00 target price.
• Kronos shares opened at $8.55, up 3.8%, near their 52-week high of $8.72. The company recently reported quarterly EPS of $0.13, beating estimates of $0.07, and revenue of $558.1 million versus expectations of $484.5 million.
• Institutional investors and hedge funds own 15.11% of Kronos, with several firms—including Bank of America and Bank of New York Mellon—recently increasing their holdings.

Kronos Worldwide (NYSE:KRO - Get Free Report) was upgraded by equities researchers at Wall Street Zen from a "hold" rating to a "buy" rating in a report released on Saturday.

KRO has been the subject of a number of other reports. Weiss Ratings upgraded Kronos Worldwide from a "sell (d)" rating to a "sell (d+)" rating in a research report on Friday, July 10th. Zacks Research upgraded shares of Kronos Worldwide from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, July 8th. One research analyst has rated the stock with a Strong Buy rating and two have given a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Hold" and a consensus target price of $5.00.

Kronos Worldwide Stock Up 3.8%

Shares of KRO opened at $8.55 on Friday. The firm has a market capitalization of $983.64 million, a price-to-earnings ratio of -9.00 and a beta of 1.01. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.41 and a current ratio of 3.30. The business's fifty day moving average price is $6.57 and its two-hundred day moving average price is $6.37. Kronos Worldwide has a 52 week low of $4.08 and a 52 week high of $8.72.

Kronos Worldwide (NYSE:KRO - Get Free Report) last released its earnings results on Wednesday, August 5th. The specialty chemicals company reported $0.13 EPS for the quarter, beating the consensus estimate 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 during the quarter, compared to analysts' expectations of $484.51 million. On average, analysts predict that Kronos Worldwide will post -0.33 earnings per share for the current year.

Hedge Funds Weigh In On Kronos Worldwide

Several hedge funds have recently added to or reduced their stakes in the stock. Boston Partners grew its position in shares of Kronos Worldwide by 0.4% during the 4th quarter. Boston Partners now owns 2,961,076 shares of the specialty chemicals company's stock worth $13,092,000 after buying an additional 12,962 shares during the period. BlackRock Inc. acquired a new stake in shares of Kronos Worldwide in the 2nd quarter valued at approximately $10,886,000. Bank of New York Mellon Corp boosted its stake in Kronos Worldwide by 4.6% during the 1st quarter. Bank of New York Mellon Corp now owns 804,588 shares of the specialty chemicals company's stock worth $5,286,000 after acquiring an additional 35,224 shares during the last quarter. Geode Capital Management LLC boosted its stake in Kronos Worldwide by 1.6% during the 4th quarter. Geode Capital Management LLC now owns 541,095 shares of the specialty chemicals company's stock worth $2,392,000 after acquiring an additional 8,641 shares during the last quarter. Finally, Bank of America Corp DE grew its holdings in Kronos Worldwide by 55.8% during the third quarter. Bank of America Corp DE now owns 472,305 shares of the specialty chemicals company's stock valued at $2,711,000 after purchasing an additional 169,246 shares during the period. Institutional investors and hedge funds own 15.11% of the company's stock.

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.

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