Wall Street Zen upgraded shares of Olin (NYSE:OLN – Free Report) from a strong sell rating to a sell rating in a research note issued to investors on Saturday,Wall Street Zen reports.
OLN has been the topic of several other reports. Wells Fargo & Company decreased their price target on shares of Olin from $20.00 to $16.00 and set an “equal weight” rating on the stock in a report on Thursday, October 1st. Citigroup cut their target price on shares of Olin from $19.00 to $17.00 and set a “neutral” rating on the stock in a research report on Wednesday, September 30th. Mizuho boosted their target price on shares of Olin from $23.00 to $24.00 and gave the stock a “neutral” rating in a research note on Friday, July 31st. Royal Bank Of Canada lowered their price target on shares of Olin from $20.00 to $16.00 and set a “sector perform” rating for the company in a report on Tuesday, October 13th. Finally, BMO Capital Markets dropped their price target on Olin from $30.00 to $25.00 and set a “market perform” rating for the company in a research note on Monday, July 6th. One investment analyst has rated the stock with a Buy rating, twelve have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Reduce” and a consensus price target of $20.07.
Read Our Latest Stock Report on Olin
Olin Price Performance
Olin (NYSE:OLN – Get Free Report) last announced its quarterly earnings data on Thursday, October 29th. The specialty chemicals company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.15 by ($0.02). The firm had revenue of $1.75 billion for the quarter, compared to analyst estimates of $1.83 billion. Olin had a negative net margin of 2.49% and a negative return on equity of 6.58%. The firm’s revenue for the quarter was up 2.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.37 earnings per share. On average, equities research analysts predict that Olin will post -0.80 EPS for the current fiscal year.
Olin Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, September 11th. Shareholders of record on Thursday, August 27th were issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date was Thursday, August 27th. Olin’s dividend payout ratio (DPR) is presently -54.42%.
Institutional Investors Weigh In On Olin
Several hedge funds and other institutional investors have recently modified their holdings of OLN. Rockefeller Capital Management L.P. increased its stake in Olin by 115.2% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,231 shares of the specialty chemicals company’s stock worth $26,000 after acquiring an additional 659 shares during the last quarter. Sunbelt Securities Inc. purchased a new stake in shares of Olin in the 1st quarter valued at about $45,000. Nykredit A S purchased a new stake in shares of Olin in the 2nd quarter valued at about $59,000. IFP Advisors Inc boosted its position in shares of Olin by 118.9% during the 2nd quarter. IFP Advisors Inc now owns 3,163 shares of the specialty chemicals company’s stock valued at $63,000 after acquiring an additional 1,718 shares during the last quarter. Finally, CX Institutional bought a new stake in shares of Olin during the 3rd quarter valued at about $76,000. Institutional investors own 88.67% of the company’s stock.
Trending Headlines about Olin
Here are the key news stories impacting Olin this week:
- Positive Sentiment: Olin reported adjusted EBITDA of $191.4 million and said its merger with Huntsman remains targeted for completion in the first quarter of 2027. Management also cited substantial progress on integration planning, providing a potential longer-term catalyst. Olin Announces Third Quarter 2026 Results
- Positive Sentiment: Reported earnings of $0.13 per share exceeded some published estimates, including FactSet’s $0.11 forecast and Zacks’ $0.10 consensus. Winchester sales rose to $484.7 million from $439.6 million, while Epoxy sales increased to $412.2 million from $349.6 million. Olin Q3 Earnings Beat Estimates
- Neutral Sentiment: Third-quarter sales increased 2% year over year to $1.75 billion, but results varied significantly by segment: Chlor Alkali Products and Vinyls sales declined to $850.8 million, offset by growth in Epoxy and Winchester. Olin Reports Third-Quarter 2026 Net Income
- Negative Sentiment: Olin’s $0.13 EPS missed the broader consensus estimate of $0.15, while revenue fell short of the $1.83 billion forecast. Net income dropped to $14.4 million from $42.8 million a year earlier, and acquisition-related costs totaled $13.7 million. Olin Q3 Earnings Report
- Negative Sentiment: Fourth-quarter adjusted EBITDA guidance of $80 million to $100 million signals a sharp sequential slowdown. Investors are also weighing approximately $2.8 billion of net debt and continued uncertainty surrounding the timing and execution of the Huntsman transaction. Olin Q3 2026 Earnings Analysis
About Olin
Olin Corporation (NYSE: OLN) is a global manufacturer of chemicals and ammunition. The company operates through three primary businesses: Chlor Alkali Products and Vinyls, Epoxy, and Winchester.
Its Chlor Alkali Products and Vinyls business produces chlorine, caustic soda, hydrochloric acid, bleach products, hydrogen, chlorinated organic chemicals and other related materials used in industrial, water-treatment, construction and consumer applications. Olin’s Epoxy business manufactures epoxy resins, intermediates and other specialty materials used in coatings, adhesives, composites, electronics and infrastructure-related applications.
Through its Winchester business, Olin produces and distributes sporting ammunition, reloading components, and small-caliber ammunition for law enforcement and military customers.
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