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 opened at $14.89 on Wednesday. The company's 50-day simple moving average is $17.20 and its two-hundred day simple moving average is $22.15. Olin Corporation has a one year low of $14.64 and a one year high of $30.46. 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 (NYSE:OLN - Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The specialty chemicals company reported ($0.12) earnings per share for the quarter, missing the consensus estimate of $0.13 by ($0.25). Olin had a negative net margin of 2.08% and a negative return on equity of 4.76%. The company had revenue of $1.74 billion for the quarter, compared to the consensus estimate of $1.81 billion. During the same period in the prior year, the firm posted ($0.01) EPS. The business's revenue was down .9% on a year-over-year basis. On average, sell-side analysts anticipate that Olin Corporation will post -0.68 EPS for the current year.
Olin Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Friday, September 11th. Shareholders of record on Thursday, August 27th were paid a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a yield of 5.4%. The ex-dividend date was Thursday, August 27th. Olin's dividend payout ratio is currently -65.04%.
Analyst Ratings Changes
Several equities analysts have recently commented on the company. Bank of America lowered Olin from a "buy" rating to an "underperform" rating and cut their price target for the company from $32.00 to $21.00 in a research note on Tuesday, June 30th. UBS Group lowered their price objective on shares of Olin from $21.00 to $18.00 and set a "neutral" rating for the company in a research note on Monday, October 5th. The Goldman Sachs Group set a $18.00 target price on shares of Olin in a report on Wednesday, September 30th. Mizuho raised their target price on shares of Olin from $23.00 to $24.00 and gave the company a "neutral" rating in a research report on Friday, July 31st. Finally, Truist Financial reduced their price target on shares of Olin from $24.00 to $20.00 and set a "hold" rating for the company in a report on Monday, August 3rd. One investment analyst has rated the stock with a Buy rating, twelve have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Reduce" and a consensus target price of $20.43.
Read Our Latest Stock Analysis on Olin
Institutional Trading of Olin
Hedge funds and other institutional investors have recently bought and sold shares of the stock. Dimensional Fund Advisors LP raised its holdings in Olin by 22.4% in the first quarter. Dimensional Fund Advisors LP now owns 5,627,997 shares of the specialty chemicals company's stock worth $167,311,000 after purchasing an additional 1,031,498 shares in the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Olin by 1.0% in the 1st quarter. Bank of New York Mellon Corp now owns 1,232,912 shares of the specialty chemicals company's stock valued at $36,654,000 after buying an additional 12,290 shares in the last quarter. First Trust Advisors LP boosted its holdings in shares of Olin by 80.8% in the 1st quarter. First Trust Advisors LP now owns 713,041 shares of the specialty chemicals company's stock valued at $21,199,000 after buying an additional 318,588 shares in the last quarter. Amundi grew its position in shares of Olin by 337.2% in the 1st quarter. Amundi now owns 684,036 shares of the specialty chemicals company's stock worth $20,336,000 after buying an additional 527,586 shares during the last quarter. Finally, Segall Bryant & Hamill LLC purchased a new position in shares of Olin in the 1st quarter worth approximately $14,770,000. Institutional investors own 88.67% of the company's stock.
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.
About Olin
(
Get Free Report)
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Olin, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Olin wasn't on the list.
While Olin currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Tesla, Nvidia, and Google helped shape the last era of market growth, but the next wave could come from a new group of companies. Inside this report, you’ll find 7 stocks that could play a major role in the next tech-driven market boom.
Get This Free Report
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Like this article? Share it with a colleague.
Link copied to clipboard.