Olin
About: Olin Corp manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into three segments based on the product type. The Chlor alkali products and Vinyls segment, which generates the majority of revenue, sells chlorine and caustic soda, which are used in a variety of industries including cosmetics, textiles, crop protection, and fire protection products. The Epoxy segment sells epoxy resins used in paints and coatings. The Winchester segment sells sporting ammunition and ammunition accessories under the Winchester brand. The majority of revenue comes from the United States.
Employees: 7,326
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
116% more call options, than puts
Call options by funds: $55M | Put options by funds: $25.4M
0% more funds holding in top 10
Funds holding in top 10: 4 [Q2] → 4 (+0) [Q3]
3% less capital invested
Capital invested by funds: $4.97B [Q2] → $4.85B (-$126M) [Q3]
3.73% less ownership
Funds ownership: 88.31% [Q2] → 84.58% (-3.73%) [Q3]
12% less funds holding
Funds holding: 440 [Q2] → 387 (-53) [Q3]
32% less repeat investments, than reductions
Existing positions increased: 111 | Existing positions reduced: 163
55% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 97
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
Piper Sandler Charles Neivert 28% 1-year accuracy 8 / 29 met price target | 24%upside $51 | Overweight Maintained | 30 Oct 2024 |
BMO Capital Bhavesh Lodaya 33% 1-year accuracy 1 / 3 met price target | 14%upside $47 | Market Perform Maintained | 29 Oct 2024 |
RBC Capital Arun Viswanathan 48% 1-year accuracy 30 / 63 met price target | 16%upside $48 | Outperform Maintained | 29 Oct 2024 |
Wells Fargo Michael Sison 21% 1-year accuracy 5 / 24 met price target | 7%upside $44 | Equal-Weight Maintained | 28 Oct 2024 |
Barclays Michael Leithead 0 / 0 met price target | 9%upside $45 | Equal-Weight Maintained | 28 Oct 2024 |