Fintel reports that on January 14, 2025, B of A Securities upgraded their outlook for Olin (NYSE:OLN) from Neutral to Buy.
Analyst Price Forecast Suggests 48.86% Upside
As of December 23, 2024, the average one-year price target for Olin is $47.20/share. The forecasts range from a low of $38.38 to a high of $73.50. The average price target represents an increase of 48.86% from its latest reported closing price of $31.71 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Olin is 9,052MM, an increase of 39.62%. The projected annual non-GAAP EPS is 7.01.
What is the Fund Sentiment?
There are 830 funds or institutions reporting positions in Olin. This is an decrease of 57 owner(s) or 6.43% in the last quarter. Average portfolio weight of all funds dedicated to OLN is 0.22%, an increase of 6.80%. Total shares owned by institutions decreased in the last three months by 0.25% to 134,168K shares. 
The put/call ratio of OLN is 0.39, indicating a bullish outlook.
What are Other Shareholders Doing?
Hotchkis & Wiley Capital Management holds 8,839K shares representing 7.58% ownership of the company. In its prior filing, the firm reported owning 8,308K shares , representing an increase of 6.01%. The firm increased its portfolio allocation in OLN by 3.15% over the last quarter.
Boston Partners holds 4,304K shares representing 3.69% ownership of the company. In its prior filing, the firm reported owning 3,869K shares , representing an increase of 10.10%. The firm decreased its portfolio allocation in OLN by 56.20% over the last quarter.
Fuller & Thaler Asset Management holds 4,076K shares representing 3.50% ownership of the company. In its prior filing, the firm reported owning 3,332K shares , representing an increase of 18.26%. The firm increased its portfolio allocation in OLN by 14.15% over the last quarter.
Yacktman Asset Management holds 3,920K shares representing 3.36% ownership of the company. In its prior filing, the firm reported owning 4,212K shares , representing a decrease of 7.45%. The firm increased its portfolio allocation in OLN by 3.51% over the last quarter.
VWNFX - Vanguard Windsor II Fund Investor Shares holds 3,869K shares representing 3.32% ownership of the company. In its prior filing, the firm reported owning 3,694K shares , representing an increase of 4.52%. The firm decreased its portfolio allocation in OLN by 4.49% over the last quarter.
Olin Background Information
(This description is provided by the company.)
Olin Corporation is a leading vertically-integrated global manufacturer and distributor of chemical products and a leading U.S. manufacturer of ammunition. The chemical products produced include chlorine and caustic soda, vinyls, epoxies, chlorinated organics, bleach and hydrochloric acid. Winchester's principal manufacturing facilities produce and distribute sporting ammunition, law enforcement ammunition, reloading components, small caliber military ammunition and components, and industrial cartridges.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
