Orion (OEC)

• Market cap: $506M
• 1 day: -2.8%
• 5 days: -14.42%
• 1 month: -10.43%
• 3 months: -12.77%
• 6 months: -33.04%
• Year to date: -40.93%
• 1 year: -47.1%
• 5 years: -39.14%
• 10 years: -41.77%
• Sector: Materials
• Industry: Specialty Chemicals

About: Orion SA is a manufacturer of carbon black products. Carbon black is a powdered form of carbon used to create the desired physical, electrical and optical qualities of various materials. The company's operating segments are Specialty Carbon Black and Rubber Carbon Black. It generates maximum revenue from the Rubber Carbon Black segment. Rubber Carbon Black segment is used in the reinforcement of rubber in tires and mechanical rubber goods. The Specialty Carbon Black segment is used as pigments and performance additives in coatings, polymers, printing and special applications. Geographically, it derives a majority of its revenue from Germany.

Employees: 1,658

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

2,027% more call options, than puts

Call options by funds: $13M | Put options by funds: $610K

33% more repeat investments, than reductions

Existing positions increased: 77 | Existing positions reduced: 58

0.97% more ownership

Funds ownership: 91.94% [Q1] → 92.91% (+0.97%) [Q2]

4% less funds holding

Funds holding: 197 [Q1] → 190 (-7) [Q2]

13% less first-time investments, than exits

New positions opened: 26 | Existing positions closed: 30

19% less capital invested

Capital invested by funds: $674M [Q1] → $549M (-$125M) [Q2]

20% less funds holding in top 10

Funds holding in top 10: 5 [Q1] → 4 (-1) [Q2]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $9
• Avg. target: $9
• High target: $9

2 analyst ratings

• positive: 0 0%
• neutral: 0 0%
• negative: 2 100%

Mizuho John Rogers	$9	Underperform Downgraded	12 Sep 2025
JP Morgan Jeffrey Zekauskas	$9	Underweight Downgraded	11 Aug 2025