OrionOEC
Market Cap: $964M
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: 1,650
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
46,612% more call options, than puts
Call options by funds: $12.1M | Put options by funds: $26K
88% more repeat investments, than reductions
Existing positions increased: 92 | Existing positions reduced: 49
1% less funds holding
Funds holding: 195 [Q1] → 194 (-1) [Q2]
3% less first-time investments, than exits
New positions opened: 30 | Existing positions closed: 31
2.87% less ownership
Funds ownership: 95.45% [Q1] → 92.58% (-2.87%) [Q2]
9% less capital invested
Capital invested by funds: $1.3B [Q1] → $1.18B (-$115M) [Q2]
30% less funds holding in top 10
Funds holding in top 10: 10 [Q1] → 7 (-3) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
JP Morgan Jeffrey Zekauskas 76% 1-year accuracy 25 / 33 met price target | 21%upside $20 | Neutral Maintained | 7 Aug 2024 |