Representative Lisa C. McClain (Republican-Michigan) recently bought shares of Olin Corporation (NYSE:OLN). In a filing disclosed on October 12th, the Representative disclosed that they had bought between $15,001 and $50,000 in Olin stock on September 14th. The trade occurred in the Representative’s “CHARLES SCHWAB 401K (HANTZ) > SCHWAB 824” account.
Representative Lisa C. McClain also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 9/30/2026.
- Purchased $1,001 – $15,000 in shares of ImmunityBio (NASDAQ:IBRX) on 9/30/2026.
- Sold $15,001 – $50,000 in shares of Seagate Technology (NASDAQ:STX) on 9/30/2026.
- Purchased $1,001 – $15,000 in shares of Caterpillar (NYSE:CAT) on 9/28/2026.
- Purchased $1,001 – $15,000 in shares of ImmunityBio (NASDAQ:IBRX) on 9/28/2026.
- Purchased $1,001 – $15,000 in shares of Novagold Resources (NYSEAMERICAN:NG) on 9/14/2026.
- Purchased $15,001 – $50,000 in shares of Transocean (NYSE:RIG) on 9/14/2026.
- Purchased $15,001 – $50,000 in shares of CACI International (NYSE:CACI) on 9/14/2026.
Olin Price Performance
Shares of OLN stock traded up $0.07 during trading hours on Wednesday, reaching $14.95. 1,198,236 shares of the company were exchanged, compared to its average volume of 3,087,910. The stock’s fifty day moving average is $17.20 and its two-hundred day moving average is $22.15. The company has a debt-to-equity ratio of 1.77, a current ratio of 1.42 and a quick ratio of 0.87. The company has a market cap of $1.70 billion, a price-to-earnings ratio of -12.19 and a beta of 1.23. Olin Corporation has a fifty-two week low of $14.64 and a fifty-two week high of $30.46.
Olin (NYSE:OLN – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The specialty chemicals company reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.25). The company had revenue of $1.74 billion for 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%. The firm’s quarterly revenue was down .9% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.01) earnings per share. Sell-side analysts forecast that Olin Corporation will post -0.68 earnings per share for the current fiscal year.
Olin Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Friday, September 11th. Investors of record on Thursday, August 27th were issued a dividend of $0.20 per share. This represents a $0.80 annualized dividend and a dividend yield of 5.4%. The ex-dividend date was Thursday, August 27th. Olin’s dividend payout ratio (DPR) is currently -65.04%.
Analysts Set New Price Targets
OLN has been the topic of a number of recent analyst reports. Citigroup cut their target price on Olin from $19.00 to $17.00 and set a “neutral” rating on the stock in a research report on Wednesday, September 30th. Wall Street Zen lowered Olin from a “sell” rating to a “strong sell” rating in a report on Saturday, August 8th. JPMorgan Chase & Co. dropped their price target on Olin from $26.00 to $25.00 and set a “neutral” rating on the stock in a research report on Thursday, June 18th. Weiss Ratings reiterated a “sell (d)” rating on shares of Olin in a research report on Wednesday, August 19th. Finally, BMO Capital Markets cut their target price on Olin from $30.00 to $25.00 and set a “market perform” rating for the company in a research report on Monday, July 6th. One analyst has rated the stock with a Buy rating, twelve have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, Olin presently has an average rating of “Reduce” and an average price target of $20.43.
View Our Latest Stock Analysis on Olin
Institutional Investors Weigh In On Olin
Several hedge funds have recently bought and sold shares of OLN. CX Institutional purchased a new position in shares of Olin in the 3rd quarter worth about $76,000. Tidal Investments LLC grew its holdings in Olin by 16.7% during the second quarter. Tidal Investments LLC now owns 50,158 shares of the specialty chemicals company’s stock valued at $994,000 after purchasing an additional 7,175 shares during the period. WINTON GROUP Ltd purchased a new stake in Olin in the second quarter worth $1,747,000. Engineers Gate Manager LP lifted its position in shares of Olin by 1,601.5% during the 2nd quarter. Engineers Gate Manager LP now owns 210,478 shares of the specialty chemicals company’s stock valued at $4,172,000 after buying an additional 198,108 shares during the last quarter. Finally, Integrated Wealth Concepts LLC bought a new stake in Olin in the 2nd quarter valued at about $205,000. 88.67% of the stock is currently owned by institutional investors and hedge funds.
About Representative McClain
Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.
McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.
Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.
Olin Company Profile
Olin Corporation is a global manufacturer of chemical products and ammunition. The company operates through its Chlor Alkali Products and Vinyls, Epoxy, and Winchester businesses, serving customers in a range of industrial, commercial, and consumer markets.
Olin’s Chlor Alkali Products and Vinyls business produces chlorine, caustic soda, hydrochloric acid, hydrogen, bleach products, chlorinated organic chemicals, and related materials used in water treatment, construction, pulp and paper, energy, and other manufacturing applications.
Read More
- Five stocks we like better than Olin
- IREN Limited’s AI Pivot Gains Traction—But Can Its Data Centers Deliver?
- PBF Energy’s Stunning Rally Faces a Critical Test
- Citi Stock Falls Despite Earnings Beat: What Investors Need to Know
- How a Hurricane Could Help Some Refineries—and Hurt Others
Receive News & Ratings for Olin Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Olin and related companies with MarketBeat.com's FREE daily email newsletter.
