Mizuho Issues Positive Forecast for Olin (NYSE:OLN) Stock Price

Olin (NYSE:OLN) had its price target upped by Mizuho from $23.00 to $24.00 in a research note released on Friday,Benzinga reports. The firm currently has a neutral rating on the specialty chemicals company’s stock.

Several other research firms also recently weighed in on OLN. BMO Capital Markets reduced their target price on shares of Olin from $30.00 to $25.00 and set a “market perform” rating for the company in a research note on Monday, July 6th. Bank of America cut shares of Olin from a “buy” rating to an “underperform” rating and dropped their price target for the company from $32.00 to $21.00 in a research note on Tuesday, June 30th. Citigroup cut shares of Olin from a “neutral” rating to an “underperform” rating in a research note on Tuesday, June 30th. UBS Group raised their price objective on shares of Olin from $29.00 to $31.00 and gave the stock a “neutral” rating in a report on Wednesday, May 13th. Finally, The Goldman Sachs Group reduced their price objective on shares of Olin from $31.00 to $24.00 and set a “neutral” rating for the company in a research note on Thursday, July 16th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, nine have issued a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $26.54.

Olin Trading Down 16.5%

Shares of Olin stock opened at $18.52 on Friday. Olin has a 52-week low of $17.73 and a 52-week high of $30.46. The stock’s 50-day simple moving average is $22.72 and its 200 day simple moving average is $24.75. The stock has a market capitalization of $2.11 billion, a P/E ratio of -15.06 and a beta of 1.21. The company has a debt-to-equity ratio of 1.73, a quick ratio of 0.82 and a current ratio of 1.36.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Orbis Allan Gray Ltd lifted its holdings in shares of Olin by 448.9% in the fourth quarter. Orbis Allan Gray Ltd now owns 3,804,561 shares of the specialty chemicals company’s stock worth $79,249,000 after buying an additional 3,111,393 shares in the last quarter. Millennium Management LLC boosted its position in shares of Olin by 1,063.0% in the third quarter. Millennium Management LLC now owns 2,486,702 shares of the specialty chemicals company’s stock valued at $62,143,000 after acquiring an additional 2,272,877 shares during the period. Semper Augustus Investments Group LLC boosted its position in shares of Olin by 141.3% in the third quarter. Semper Augustus Investments Group LLC now owns 1,924,245 shares of the specialty chemicals company’s stock valued at $48,087,000 after acquiring an additional 1,126,809 shares during the period. Dimensional Fund Advisors LP grew its stake in Olin by 22.4% during the first quarter. Dimensional Fund Advisors LP now owns 5,627,997 shares of the specialty chemicals company’s stock valued at $167,311,000 after acquiring an additional 1,031,498 shares in the last quarter. Finally, Amundi purchased a new position in Olin during the third quarter valued at approximately $24,418,000. Hedge funds and other institutional investors own 88.67% of the company’s stock.

Trending Headlines about Olin

Here are the key news stories impacting Olin this week:

• Positive Sentiment: Olin reported adjusted EBITDA of $191.3 million for the second quarter. Adjusted earnings were approximately $0.07 per share, matching the Zacks consensus estimate and improving from $0.05 a year earlier. Olin Matches Q2 Earnings Estimates
• Neutral Sentiment: Mizuho raised its price target for OLN from $23 to $24 while maintaining a Neutral rating. The higher target suggests potential recovery value, but the rating indicates limited conviction that the stock will outperform in the near term. Benzinga
• Negative Sentiment: Olin reported a GAAP net loss of $13.3 million, or $0.12 per share, compared with analyst expectations for earnings of $0.07 per share. Revenue of $1.74 billion also fell short of the $1.81 billion consensus estimate and declined 0.9% year over year. Olin Announces Second Quarter 2026 Results
• Negative Sentiment: The sharp gap between adjusted earnings and GAAP results suggests that charges or other unusual items materially affected the quarter. Investors are assessing how much of the loss reflects one-time items versus persistent weakness in Olin’s specialty chemicals businesses. Why Olin Corp Stock Dropped Today

Olin Company Profile

Olin Corporation is a diversified manufacturer specializing in chemical products and ammunition. The company’s core business activities encompass the production and distribution of chlor-alkali products, epoxy resins and derivatives, and small-caliber ammunition under the Winchester brand. Olin’s chemical operations supply chlorine, caustic soda and related co-products to a wide range of end markets, including water treatment, pulp and paper, pharmaceuticals and general industrial applications.

In its Chlor Alkali Products & Vinyls segment, Olin operates multiple manufacturing facilities that produce chlorine and sodium hydroxide, along with vinyl chloride monomer and polyvinyl chloride (PVC) compounds.