OlinOLN
Market Cap: $5.15B
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 Q2 SEC filings by fund managers ($100M+ AUM)
21% more first-time investments, than exits
New positions opened: 68 | Existing positions closed: 56
3% more funds holding
Funds holding: 427 [Q1] → 439 (+12) [Q2]
0.51% more ownership
Funds ownership: 87.11% [Q1] → 87.62% (+0.51%) [Q2]
3% less repeat investments, than reductions
Existing positions increased: 146 | Existing positions reduced: 151
9% less call options, than puts
Call options by funds: $33.3M | Put options by funds: $36.6M
19% less capital invested
Capital invested by funds: $6.11B [Q1] → $4.93B (-$1.18B) [Q2]
33% less funds holding in top 10
Funds holding in top 10: 6 [Q1] → 4 (-2) [Q2]
Research analyst outlook
13 Wall Street Analysts provided 1 year price targets over the past 3 months
13 analyst ratings
BMO Capital Bhavesh Lodaya 0% 1-year accuracy 0 / 3 met price target | 16%upside $50 | Market Perform Initiated | 3 Sept 2024 |
Mizuho John Roberts 59% 1-year accuracy 16 / 27 met price target | 4%upside $45 | Neutral Initiated | 8 Aug 2024 |
Piper Sandler Charles Neivert 62% 1-year accuracy 21 / 34 met price target | 32%upside $57 | Overweight Maintained | 30 Jul 2024 |
B of A Securities Steve Byrne 45% 1-year accuracy 9 / 20 met price target | 18%upside $51 | Neutral Downgraded | 29 Jul 2024 |
Deutsche Bank David Begleiter 11% 1-year accuracy 1 / 9 met price target | 11%upside $48 | Hold Maintained | 29 Jul 2024 |