Olin (NYSE:OLN) Research Coverage Started at KeyCorp

by · The Markets Daily

KeyCorp initiated coverage on shares of Olin (NYSE:OLNFree Report) in a research note released on Friday, MarketBeat reports. The brokerage issued an overweight rating and a $26.00 price target on the specialty chemicals company’s stock. KeyCorp also issued estimates for Olin’s Q3 2026 earnings at $0.06 EPS, Q4 2026 earnings at ($0.20) EPS, FY2027 earnings at ($0.55) EPS and FY2028 earnings at $1.35 EPS.

Other equities research analysts have also issued research reports about the company. Weiss Ratings restated a “sell (d)” rating on shares of Olin in a research report on Wednesday, August 19th. BMO Capital Markets cut their price target on Olin from $30.00 to $25.00 and set a “market perform” rating on the stock in a research note on Monday, July 6th. Truist Financial reduced their price target on Olin from $24.00 to $20.00 and set a “hold” rating on the stock in a report on Monday, August 3rd. Bank of America downgraded Olin from a “buy” rating to an “underperform” rating and lowered their price objective for the company from $32.00 to $21.00 in a research note on Tuesday, June 30th. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Olin from $30.00 to $20.00 and set a “hold” rating for the company in a report on Tuesday, August 25th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, ten have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average price target of $22.62.

View Our Latest Stock Report on OLN

Olin Price Performance

Shares of NYSE:OLN opened at $17.17 on Friday. The company has a market cap of $1.96 billion, a price-to-earnings ratio of -13.96 and a beta of 1.20. 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 firm has a 50 day simple moving average of $19.52 and a 200 day simple moving average of $23.52. Olin has a one year low of $16.73 and a one year high of $30.46.

Olin (NYSE:OLNGet Free Report) last posted 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 for the quarter, compared to the consensus estimate of $1.81 billion. Olin had a negative return on equity of 4.76% and a negative net margin of 2.08%.The business’s quarterly revenue was down .9% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.01) EPS. Research analysts predict that Olin will post -0.68 earnings per share for the current fiscal year.

Olin Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, September 11th. Stockholders of record on Thursday, August 27th were paid a $0.20 dividend. The ex-dividend date of this dividend was Thursday, August 27th. This represents a $0.80 annualized dividend and a dividend yield of 4.7%. Olin’s dividend payout ratio is presently -65.04%.

Institutional Trading of Olin

Institutional investors have recently added to or reduced their stakes in the stock. Rockefeller Capital Management L.P. increased its position 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 buying an additional 659 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new position in shares of Olin in the 1st quarter worth about $32,000. Sunbelt Securities Inc. bought a new position in shares of Olin in the 1st quarter worth about $45,000. NewEdge Advisors LLC lifted its stake in shares of Olin by 45.0% in the 3rd 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 period. Finally, UMB Bank n.a. lifted its stake in shares of Olin by 34.0% in the 4th 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 during the period. 88.67% of the stock is currently owned by institutional investors.

Key Olin News

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.

About Olin

(Get Free Report)

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.

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