Engineers Gate Manager LP Raises Holdings in Olin Corporation $OLN

Engineers Gate Manager LP raised its stake in Olin Corporation (NYSE:OLN) by 1,601.5% during the second quarter, Holdings Channel.com reports. The firm owned 210,478 shares of the specialty chemicals company’s stock after purchasing an additional 198,108 shares during the quarter. Engineers Gate Manager LP’s holdings in Olin were worth $4,172,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Rockefeller Capital Management L.P. lifted its stake in Olin by 115.2% in the fourth 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. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Olin in the first quarter valued at approximately $32,000. Sunbelt Securities Inc. purchased a new position in shares of Olin in the 1st quarter valued at $45,000. UMB Bank n.a. grew its holdings in shares of Olin by 34.0% during the fourth quarter. UMB Bank n.a. now owns 2,597 shares of the specialty chemicals company’s stock worth $54,000 after purchasing an additional 659 shares during the last quarter. Finally, NewEdge Advisors LLC grew its stake 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 during the last quarter. 88.67% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms have commented on OLN. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $20.00 price objective (down from $25.00) on shares of Olin in a research note on Monday, August 3rd. Weiss Ratings reiterated a “sell (d)” rating on shares of Olin in a research note on Wednesday, August 19th. The Goldman Sachs Group reduced their price objective on shares of Olin from $24.00 to $20.00 and set a “neutral” rating for the company in a research report on Tuesday, August 4th. Deutsche Bank Aktiengesellschaft decreased their price target on Olin from $30.00 to $20.00 and set a “hold” rating on the stock in a research note on Tuesday, August 25th. Finally, Citigroup downgraded Olin from a “neutral” rating to an “underperform” rating in a report on Tuesday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, ten have issued a Hold rating and four have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus target price of $22.62.

Olin Stock Down 0.8%

Shares of NYSE:OLN opened at $17.17 on Friday. Olin Corporation has a 12-month low of $16.73 and a 12-month high of $30.46. The stock’s 50-day moving average price is $19.52 and its two-hundred day moving average price is $23.52. The company has a current ratio of 1.42, a quick ratio of 0.87 and a debt-to-equity ratio of 1.77. The firm has a market cap of $1.96 billion, a price-to-earnings ratio of -13.96 and a beta of 1.20.

Olin (NYSE:OLN) last released its earnings results on Thursday, July 30th. The specialty chemicals company reported ($0.12) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.13 by ($0.25). The company had revenue of $1.74 billion during the quarter, compared to analysts’ expectations of $1.81 billion. Olin had a negative net margin of 2.08% and a negative return on equity of 4.76%. Olin’s revenue for the quarter was down .9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted ($0.01) earnings per share. On average, research analysts forecast that Olin Corporation will post -0.68 EPS for the current year.

Olin Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, September 11th. Shareholders of record on Thursday, August 27th were given a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend was Thursday, August 27th. Olin’s payout ratio is -65.04%.

Key Headlines Impacting Olin

Here are the key news stories impacting Olin this week:

• Positive Sentiment: KeyCorp initiated coverage with an “overweight” rating and a $26 price target, implying approximately 51.4% upside from the referenced $17.17 level. The bullish call could support the shares by signaling that the analyst sees significant valuation and earnings-recovery potential. TickerReport article on KeyCorp coverage
• Positive Sentiment: Olin and Huntsman announced expiration of the Hart-Scott-Rodino waiting period for their proposed merger. Clearing this U.S. antitrust review milestone removes one regulatory hurdle and advances the transaction, although additional closing conditions and execution risks remain. Olin and Huntsman merger regulatory update
• Neutral Sentiment: Olin was highlighted among high-dividend materials companies, with a cited dividend yield of approximately 4.62%. The yield may appeal to income-focused investors, but the article presents mixed analyst views and does not identify a new dividend increase or change in company policy. Benzinga article on high-dividend materials stocks
• Negative Sentiment: KeyCorp’s projections remain cautious in the near term, calling for $0.06 EPS in the third quarter of 2026 and a $0.20-per-share loss in the fourth quarter. The current full-year consensus is a $0.68-per-share loss, underscoring continued earnings pressure despite a longer-term FY2028 estimate of $1.35 EPS.

Olin Profile

Olin Corporation is a global manufacturer of chemicals and ammunition headquartered in Clayton, Missouri. The company operates through two primary businesses: Chlor Alkali Products and Vinyls and Winchester.

Olin’s Chlor Alkali Products and Vinyls business produces essential chemicals including chlorine, caustic soda, hydrogen, hydrochloric acid, bleach products and related chlorinated compounds. These materials are used in water treatment, pulp and paper, construction, plastics, cleaning products and other industrial applications.