Olin (OLN) – Investment Analysts’ Weekly Ratings Changes

Several brokerages have updated their recommendations and price targets on shares of Olin (NYSE: OLN) in the last few weeks:

• 2/13/2025 – Olin was downgraded by analysts at Piper Sandler from an “overweight” rating to a “neutral” rating. They now have a $33.00 price target on the stock, down previously from $41.00.
• 2/5/2025 – Olin had its price target lowered by analysts at BMO Capital Markets from $44.00 to $34.00. They now have a “market perform” rating on the stock.
• 2/4/2025 – Olin had its price target lowered by analysts at Morgan Stanley from $31.00 to $28.00. They now have an “underweight” rating on the stock.
• 2/4/2025 – Olin was downgraded by analysts at Royal Bank of Canada from an “outperform” rating to a “sector perform” rating. They now have a $30.00 price target on the stock, down previously from $45.00.
• 2/3/2025 – Olin had its “equal weight” rating reaffirmed by analysts at Wells Fargo & Company.
• 2/3/2025 – Olin had its “equal weight” rating reaffirmed by analysts at Barclays PLC.
• 2/3/2025 – Olin had its price target lowered by analysts at KeyCorp from $50.00 to $40.00. They now have an “overweight” rating on the stock.
• 2/3/2025 – Olin had its price target lowered by analysts at Truist Financial Co. from $38.00 to $32.00. They now have a “hold” rating on the stock.
• 2/3/2025 – Olin had its price target lowered by analysts at Barclays PLC from $43.00 to $34.00. They now have an “equal weight” rating on the stock.
• 2/3/2025 – Olin had its price target lowered by analysts at Wells Fargo & Company from $40.00 to $31.00. They now have an “equal weight” rating on the stock.
• 1/31/2025 – Olin had its price target lowered by analysts at UBS Group AG from $35.00 to $34.00. They now have a “neutral” rating on the stock.
• 1/28/2025 – Olin is now covered by analysts at Truist Financial Co.. They set a “hold” rating and a $38.00 price target on the stock.
• 1/14/2025 – Olin was upgraded by analysts at Bank of America Co. from a “neutral” rating to a “buy” rating. They now have a $40.00 price target on the stock, down previously from $48.00.
• 1/13/2025 – Olin had its price target lowered by analysts at Morgan Stanley from $41.00 to $31.00. They now have an “underweight” rating on the stock.
• 1/10/2025 – Olin had its price target lowered by analysts at KeyCorp from $56.00 to $50.00. They now have an “overweight” rating on the stock.
• 1/7/2025 – Olin had its price target lowered by analysts at Piper Sandler from $51.00 to $41.00. They now have an “overweight” rating on the stock.

Olin Stock Down 1.1 %

Shares of Olin stock opened at $26.56 on Tuesday. The stock’s 50-day moving average is $31.33 and its 200 day moving average is $39.07. Olin Co. has a one year low of $26.28 and a one year high of $60.60. The firm has a market cap of $3.10 billion, a price-to-earnings ratio of 29.51 and a beta of 1.45. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.27 and a quick ratio of 0.77.

Olin (NYSE:OLN) last posted its quarterly earnings results on Thursday, January 30th. The specialty chemicals company reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.01) by $0.10. Olin had a return on equity of 5.10% and a net margin of 1.66%. Equities research analysts anticipate that Olin Co. will post 1.38 EPS for the current year.

Olin Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, March 14th. Shareholders of record on Thursday, March 6th will be issued a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 3.01%. The ex-dividend date is Thursday, March 6th. Olin’s payout ratio is 88.89%.

Insider Buying and Selling at Olin

In related news, CEO Kenneth Todd Lane acquired 7,250 shares of the business’s stock in a transaction dated Tuesday, February 4th. The shares were bought at an average price of $28.06 per share, with a total value of $203,435.00. Following the transaction, the chief executive officer now directly owns 7,250 shares of the company’s stock, valued at $203,435. This trade represents a ∞ increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 1.60% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans grew its stake in Olin by 5,746.2% in the fourth quarter. Thrivent Financial for Lutherans now owns 1,613,796 shares of the specialty chemicals company’s stock valued at $54,546,000 after acquiring an additional 1,586,192 shares during the period. Norges Bank bought a new position in shares of Olin in the 4th quarter worth $47,887,000. Pzena Investment Management LLC grew its position in Olin by 24.8% in the 3rd quarter. Pzena Investment Management LLC now owns 3,452,708 shares of the specialty chemicals company’s stock valued at $165,661,000 after purchasing an additional 685,710 shares during the period. Hotchkis & Wiley Capital Management LLC increased its stake in Olin by 6.4% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 8,838,988 shares of the specialty chemicals company’s stock valued at $424,095,000 after purchasing an additional 531,330 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. raised its holdings in Olin by 11.5% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 4,543,844 shares of the specialty chemicals company’s stock worth $153,582,000 after buying an additional 467,680 shares during the last quarter. 88.67% of the stock is owned by institutional investors and hedge funds.

Olin Corporation manufactures and distributes chemical products in the United States, Europe, Asia Pacific, Latin America, and Canada. It operates through three segments: Chlor Alkali Products and Vinyls; Epoxy; and Winchester. The Chlor Alkali Products and Vinyls segment offers chlorine and caustic soda, ethylene dichloride and vinyl chloride monomers, methyl chloride, methylene chloride, chloroform, carbon tetrachloride, perchloroethylene, hydrochloric acid, hydrogen, bleach products, potassium hydroxide, and chlorinated organics intermediates and solvents.