Segall Bryant & Hamill LLC acquired a new stake in Olin Corporation (NYSE:OLN – Free Report) in the 1st quarter, HoldingsChannel reports. The institutional investor acquired 496,791 shares of the specialty chemicals company’s stock, valued at approximately $14,770,000.
A number of other institutional investors and hedge funds also recently bought and sold shares of OLN. Rockefeller Capital Management L.P. grew its holdings in shares of Olin by 115.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,231 shares of the specialty chemicals company’s stock worth $26,000 after purchasing an additional 659 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of Olin in the first quarter valued at about $32,000. Sunbelt Securities Inc. bought a new position in shares of Olin in the first quarter valued at about $45,000. NewEdge Advisors LLC lifted its position in Olin by 45.0% during the 3rd quarter. NewEdge Advisors LLC now owns 2,323 shares of the specialty chemicals company’s stock worth $58,000 after buying an additional 721 shares in the last quarter. Finally, UMB Bank n.a. lifted its position in Olin by 34.0% during the 4th quarter. UMB Bank n.a. now owns 2,597 shares of the specialty chemicals company’s stock worth $54,000 after buying an additional 659 shares in the last quarter. Institutional investors and hedge funds own 88.67% of the company’s stock.
Olin Stock Down 16.5%
Shares of NYSE OLN opened at $18.52 on Friday. Olin Corporation has a 1 year low of $17.73 and a 1 year high of $30.46. The firm’s 50-day moving average is $22.72 and its 200-day moving average is $24.75. The company has a current ratio of 1.36, a quick ratio of 0.82 and a debt-to-equity ratio of 1.73. The firm has a market capitalization of $2.11 billion, a PE ratio of -15.06 and a beta of 1.21.
Trending Headlines about Olin
- Positive Sentiment: Olin reported adjusted EBITDA of $191.3 million for the second quarter. Adjusted earnings were approximately $0.07 per share, matching the Zacks consensus estimate and improving from $0.05 a year earlier. Olin Matches Q2 Earnings Estimates
- Neutral Sentiment: Mizuho raised its price target for OLN from $23 to $24 while maintaining a Neutral rating. The higher target suggests potential recovery value, but the rating indicates limited conviction that the stock will outperform in the near term. Benzinga
- Negative Sentiment: Olin reported a GAAP net loss of $13.3 million, or $0.12 per share, compared with analyst expectations for earnings of $0.07 per share. Revenue of $1.74 billion also fell short of the $1.81 billion consensus estimate and declined 0.9% year over year. Olin Announces Second Quarter 2026 Results
- Negative Sentiment: The sharp gap between adjusted earnings and GAAP results suggests that charges or other unusual items materially affected the quarter. Investors are assessing how much of the loss reflects one-time items versus persistent weakness in Olin’s specialty chemicals businesses. Why Olin Corp Stock Dropped Today
Analyst Upgrades and Downgrades
Several research firms have weighed in on OLN. Royal Bank Of Canada set a $30.00 price objective on shares of Olin and gave the company a “sector perform” rating in a research report on Friday, April 10th. The Goldman Sachs Group decreased their price target on shares of Olin from $31.00 to $24.00 and set a “neutral” rating on the stock in a research note on Thursday, July 16th. Wall Street Zen lowered shares of Olin from a “hold” rating to a “sell” rating in a report on Saturday, June 27th. Citigroup cut shares of Olin from a “neutral” rating to an “underperform” rating in a research report on Tuesday, June 30th. Finally, BMO Capital Markets reduced their price objective on Olin from $30.00 to $25.00 and set a “market perform” rating on the stock in a report on Monday, July 6th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, nine have assigned a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $26.54.
Get Our Latest Stock Analysis on OLN
Olin Company Profile
Olin Corporation is a diversified manufacturer specializing in chemical products and ammunition. The company’s core business activities encompass the production and distribution of chlor-alkali products, epoxy resins and derivatives, and small-caliber ammunition under the Winchester brand. Olin’s chemical operations supply chlorine, caustic soda and related co-products to a wide range of end markets, including water treatment, pulp and paper, pharmaceuticals and general industrial applications.
In its Chlor Alkali Products & Vinyls segment, Olin operates multiple manufacturing facilities that produce chlorine and sodium hydroxide, along with vinyl chloride monomer and polyvinyl chloride (PVC) compounds.
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