Rep. Lisa C. McClain Purchases Shares of Olin Corporation (NYSE:OLN)

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 Stock Up 0.1%

OLN stock traded up $0.02 during mid-day trading on Wednesday, hitting $14.89. 373,316 shares of the company were exchanged, compared to its average volume of 3,083,680. The company has a debt-to-equity ratio of 1.77, a quick ratio of 0.87 and a current ratio of 1.42. The firm has a market cap of $1.70 billion, a P/E ratio of -12.13 and a beta of 1.23. The firm’s 50 day simple moving average is $17.20 and its 200 day simple moving average is $22.15. Olin Corporation has a 1-year low of $14.64 and a 1-year high of $30.46.

Olin (NYSE:OLN) last issued its quarterly earnings data on Thursday, July 30th. The specialty chemicals company reported ($0.12) EPS 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 analyst estimates of $1.81 billion. Olin had a negative return on equity of 4.76% and a negative net margin of 2.08%. The company’s revenue was down .9% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.01) earnings per share. On average, sell-side analysts predict that Olin Corporation will post -0.68 EPS for the current fiscal year.

Olin Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 11th. Investors of record on Thursday, August 27th were paid a dividend of $0.20 per share. This represents a $0.80 dividend on an annualized basis and a yield of 5.4%. The ex-dividend date of this dividend was Thursday, August 27th. Olin’s dividend payout ratio is presently -65.04%.

Hedge Funds Weigh In On Olin

Several hedge funds have recently modified their holdings of the stock. Dimensional Fund Advisors LP grew its holdings 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 worth $167,311,000 after purchasing an additional 1,031,498 shares during the period. Bank of New York Mellon Corp increased its position in Olin by 1.0% during the first quarter. Bank of New York Mellon Corp now owns 1,232,912 shares of the specialty chemicals company’s stock worth $36,654,000 after buying an additional 12,290 shares during the last quarter. First Trust Advisors LP raised its stake in Olin by 80.8% in the first 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 during the period. Amundi raised its stake in Olin by 337.2% in the first quarter. Amundi now owns 684,036 shares of the specialty chemicals company’s stock valued at $20,336,000 after buying an additional 527,586 shares during the period. Finally, Segall Bryant & Hamill LLC bought a new stake in Olin in the first quarter valued at approximately $14,770,000. Institutional investors own 88.67% of the company’s stock.

Analysts Set New Price Targets

OLN has been the topic of several recent research reports. Wells Fargo & Company dropped their price target on Olin from $20.00 to $16.00 and set an “equal weight” rating on the stock in a research note on Thursday, October 1st. Deutsche Bank Aktiengesellschaft cut their price target on Olin from $30.00 to $20.00 and set a “hold” rating on the stock in a report on Tuesday, August 25th. KeyCorp began coverage on Olin in a report on Friday, September 11th. They set an “overweight” rating and a $26.00 price objective for the company. JPMorgan Chase & Co. decreased their price objective on Olin from $26.00 to $25.00 and set a “neutral” rating for the company in a report on Thursday, June 18th. Finally, Wall Street Zen lowered Olin from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 8th. One equities research analyst has rated the stock with a Buy rating, twelve have assigned a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $20.43.

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

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.