VIRGINIA RETIREMENT SYSTEMS ET Al Makes New $1.27 Million Investment in Olin Corporation $OLN

VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Olin Corporation (NYSE:OLN) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 63,928 shares of the specialty chemicals company’s stock, valued at approximately $1,267,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Rockefeller Capital Management L.P. grew its holdings in shares of Olin by 115.2% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,231 shares of the specialty chemicals company’s stock worth $26,000 after purchasing an additional 659 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of Olin in the first quarter worth approximately $32,000. Sunbelt Securities Inc. purchased a new stake in Olin in the first quarter valued at approximately $45,000. UMB Bank n.a. raised its stake in Olin by 34.0% in the fourth quarter. UMB Bank n.a. now owns 2,597 shares of the specialty chemicals company’s stock valued at $54,000 after purchasing an additional 659 shares in the last quarter. Finally, NewEdge Advisors LLC lifted its position in Olin by 45.0% during the third quarter. NewEdge Advisors LLC now owns 2,323 shares of the specialty chemicals company’s stock valued at $58,000 after purchasing an additional 721 shares during the last quarter. Hedge funds and other institutional investors own 88.67% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on OLN shares. Weiss Ratings reissued a “sell (d)” rating on shares of Olin in a research note on Wednesday, August 19th. The Goldman Sachs Group lowered their price objective on shares of Olin from $24.00 to $20.00 and set a “neutral” rating on the stock in a research report on Tuesday, August 4th. Bank of America downgraded shares of Olin from a “buy” rating to an “underperform” rating and dropped their price objective for the stock from $32.00 to $21.00 in a report on Tuesday, June 30th. Deutsche Bank Aktiengesellschaft cut their target price on shares of Olin from $30.00 to $20.00 and set a “hold” rating for the company in a research report on Tuesday, August 25th. Finally, Citigroup downgraded Olin from a “neutral” rating to an “underperform” rating in a research report on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have issued a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of $22.62.

Olin Trading Down 0.8%

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

Olin (NYSE:OLN) last released its earnings results on Thursday, July 30th. The specialty chemicals company reported ($0.12) earnings per share 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 the consensus estimate of $1.81 billion. Olin had a negative net margin of 2.08% and a negative return on equity of 4.76%. The company’s revenue was down .9% on a year-over-year basis. During the same period last year, the firm posted ($0.01) EPS. As a group, analysts predict that Olin Corporation will post -0.68 earnings per share for the current fiscal year.

Olin Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 11th. Stockholders of record on Thursday, August 27th were issued a $0.20 dividend. The ex-dividend date was Thursday, August 27th. This represents a $0.80 annualized dividend and a dividend yield of 4.7%. Olin’s dividend payout ratio (DPR) is currently -65.04%.

Trending Headlines about 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 Company 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.