CenterBook Partners LP Buys 108,623 Shares of Orion S.A. $OEC

CenterBook Partners LP raised its position in Orion S.A. (NYSE:OEC) by 36.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 402,716 shares of the specialty chemicals company’s stock after acquiring an additional 108,623 shares during the quarter. CenterBook Partners LP owned approximately 0.72% of Orion worth $3,053,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Harvey Partners LLC boosted its holdings in shares of Orion by 15.5% during the second quarter. Harvey Partners LLC now owns 2,424,995 shares of the specialty chemicals company’s stock worth $25,438,000 after acquiring an additional 325,995 shares during the period. CSM Advisors LLC bought a new position in Orion in the second quarter valued at approximately $2,743,000. Vanguard Group Inc. raised its holdings in shares of Orion by 12.7% during the 3rd quarter. Vanguard Group Inc. now owns 1,894,290 shares of the specialty chemicals company’s stock worth $14,359,000 after buying an additional 213,339 shares in the last quarter. Qube Research & Technologies Ltd raised its stake in Orion by 68.2% during the second quarter. Qube Research & Technologies Ltd now owns 457,586 shares of the specialty chemicals company’s stock worth $4,800,000 after acquiring an additional 185,611 shares in the last quarter. Finally, Cubist Systematic Strategies LLC grew its holdings in shares of Orion by 54.0% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 478,629 shares of the specialty chemicals company’s stock valued at $5,021,000 after purchasing an additional 167,824 shares during the last quarter. Institutional investors own 94.33% of the company’s stock.

Key Stories Impacting Orion

Here are the key news stories impacting Orion this week:

• Positive Sentiment: Revenue beat and management’s operational/cash‑flow commentary: Q4 revenue of $411.7M topped consensus and the company highlighted strong cash‑flow generation and operational execution on the earnings call — a constructive signal for near‑term cash conversion and working capital management. Orion SA (OEC) Q4 2025 Earnings Call Highlights
• Neutral Sentiment: Elevated trading volume and attention — intraday volume was roughly three times average, suggesting higher investor interest and potential short-term volatility as the market digests the mixed print and analyst moves.
• Negative Sentiment: Wider-than-expected EPS loss: the company reported a ($0.34) loss per share, missing the consensus (~($0.08)), which pressures near-term profitability expectations. Orion Engineered Carbons posts larger Q4 loss
• Negative Sentiment: Full‑year sales decline and weak end‑markets: 2025 sales fell ~4% YoY (price down ~7% partially offset by volume), with continued softness in industrial end‑markets and pricing pressure from lower oil and imports — factors that may limit near‑term revenue recovery. Orion S.A. Reports Full Year 2025 and Fourth Quarter Earnings
• Negative Sentiment: Analyst action remains cautious: Mizuho raised its price target from $4.50 to $5.25 but kept an “underperform” rating — the target is still below the current share price and reinforces downside expectations among some sell‑side analysts. OEC price target raised at Mizuho
• Negative Sentiment: Balance‑sheet and margin concerns persist: the company still shows leverage and negative net margins, which could constrain investor enthusiasm until profitability stabilizes and leverage improves (ongoing risk for longer‑term holders).

Orion Stock Performance

Shares of OEC opened at $6.50 on Thursday. The company has a debt-to-equity ratio of 1.69, a quick ratio of 0.64 and a current ratio of 1.08. The stock has a market capitalization of $364.69 million, a price-to-earnings ratio of -5.15 and a beta of 1.06. Orion S.A. has a 52-week low of $4.34 and a 52-week high of $16.63. The stock’s 50-day simple moving average is $6.02 and its 200 day simple moving average is $6.90.

Orion (NYSE:OEC) last released its quarterly earnings data on Tuesday, February 17th. The specialty chemicals company reported ($0.34) EPS for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.26). The firm had revenue of $411.70 million during the quarter, compared to the consensus estimate of $365.79 million. Orion had a negative net margin of 3.88% and a positive return on equity of 6.30%. Research analysts forecast that Orion S.A. will post 1.73 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

OEC has been the subject of several recent research reports. JPMorgan Chase & Co. lowered their price objective on Orion from $9.00 to $5.00 and set an “underweight” rating for the company in a research note on Friday, November 28th. Weiss Ratings restated a “sell (d)” rating on shares of Orion in a research report on Thursday, January 22nd. Zacks Research raised Orion from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 27th. UBS Group raised their price target on shares of Orion from $6.00 to $6.50 and gave the company a “neutral” rating in a research report on Wednesday. Finally, Mizuho raised their price target on shares of Orion from $4.50 to $5.25 and gave the company an “underperform” rating in a research report on Wednesday. Two investment analysts have rated the stock with a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Strong Sell” and an average target price of $5.58.

Orion Profile

Orion Engineered Carbons SA, operating as Orion (NYSE: OEC), is a global producer of carbon black, a critical performance additive used to enhance the strength, durability and conductivity of various materials. The company’s products chiefly serve the tire and rubber industry, where carbon black imparts wear resistance and longevity, as well as the plastics, coatings, inks and battery components markets, where specialty grades deliver tailored conductivity and color properties.

Orion’s product portfolio is organized into two core segments: Rubber and Specialty and Chemical Specialties.