OLN Olin Dashboard

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.

Company profile

Ticker

OLN

Exchange

NYSE

Website

www.olin.com

CEO

John Fischer

Incorporated

Virginia

Location

Missouri

Fiscal year end

Dec 31

Sector

Wholesale Trade > Other Chemical and Allied Products Merchant Wholesalers

Industry (SIC)

Chemicals & Allied Products

Huntsman • Chemours • PQ • FMC • GCP Applied • Ingevity • Innospec • Livent • Balchem • Huntsman International ...

Former names

Olin Corp

SEC CIK

0000074303

Corporate docs

Articles of Incorporation & Bylaws

IRS number

131872319

OLN stock data

S&P 500

1M 1Y 2Y 5Y

News

Pro users get this 30m faster

Morgan Stanley Maintains Equal-Weight on Olin, Raises Price Target to $56

30 Jul 21

Morgan Stanley maintains Olin (NYSE:OLN) with a Equal-Weight and raises the price target from $46 to $56.

RBC Capital Maintains Outperform on Olin, Raises Price Target to $65

29 Jul 21

RBC Capital analyst Arun Viswanathan maintains Olin (NYSE:OLN) with a Outperform and raises the price target from $63 to $65.

Keybanc Maintains Overweight on Olin, Raises Price Target to $57

29 Jul 21

Keybanc maintains Olin (NYSE:OLN) with a Overweight and raises the price target from $53 to $57.

Olin Q2 EPS $2.17 Beats $1.36 Estimate, Sales $2.22B Beat $2.10B Estimate

27 Jul 21

Earnings Scheduled For July 27, 2021

27 Jul 21

Press releases

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Olin Announces Second Quarter 2021 Results

27 Jul 21

CLAYTON, Mo., July 27, 2021 /PRNewswire/ -- Second Quarter 2021 Highlights Net income of $355.8 million

Olin Declares 379th Consecutive Quarterly Dividend

22 Jul 21

CLAYTON, Mo., July 22, 2021 /PRNewswire/ -- Today, Olin Corporation's (NYSE:OLN) Board of Directors declared a quarterly dividend of $0.20 on each share of Olin common stock. The dividend is payable on September 10,

Olin Enters into Agreement with ASHTA to Purchase and Sell Chlorine

1 Jul 21

CLAYTON, Mo., July 1, 2021 /PRNewswire/ -- Olin Corporation (NYSE:OLN) announced today it has entered into an agreement with ASHTA Chemicals, Inc. to purchase and sell the chlorine produced at ASHTA's Ashtabula, OH

Winchester Ammunition Commits $100,000 to Folds of Honor Educational Scholarships

1 Jul 21

Olin Corporation Second Quarter Earnings Conference Call Announcement

25 Jun 21

Calendar

28 Jul 21

31 Jul 21

31 Dec 21

Financial summary

Financial statements Chart OLN financial data

Quarter (USD)	Jun 21	Mar 21	Dec 20	Sep 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Olin earnings reports.

Recent insider trades

OLN insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
10 Jun 21	Gray G Benoist	Phantom Stock Units Common Stock	Grant	Aquire A	No	No	0	136.143	0	33,382.214
10 Jun 21	Earl L Shipp	Phantom Stock Units Common Stock	Grant	Aquire A	No	No	0	129.317	0	31,708.503
25 May 21	Teresa M Vermillion	Common Stock $1 par value	Sell	Dispose S	No	No	48.6443	8,000	389.15K	3,371.997
25 May 21	Teresa M Vermillion	Common Stock $1 par value	Option exercise	Aquire M	No	No	29.75	8,000	238K	11,371.997
25 May 21	Teresa M Vermillion	Employee Stock Options Common Stock $1 par value	Option exercise	Dispose M	No	No	29.75	8,000	238K	0
24 May 21	Pat D Dawson	Common Stock $1 par value	Sell	Dispose S	No	No	47.6026	71,000	3.38M	2,734
24 May 21	Pat D Dawson	Common Stock $1 par value	Option exercise	Aquire M	No	No	13.14	71,000	932.94K	73,734
24 May 21	Pat D Dawson	Employee Stock Options Common Stock $1 par value	Option exercise	Dispose M	No	No	13.14	71,000	932.94K	0
24 May 21	Todd A Slater	Common Stock $1 par value	Sell	Dispose S	No	No	47.709	18,250	870.69K	89,909
24 May 21	Todd A Slater	Common Stock $1 par value	Option exercise	Aquire M	No	No	23.28	10,000	232.8K	108,159

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q1 2021

OLN institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

84.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	318	287	+10.8%
Opened positions	66	61	+8.2%
Closed positions	35	35	–
Increased positions	87	67	+29.9%
Reduced positions	104	122	-14.8%

13F shares	Current	Prev Q	Change
Total value	5.1B	3.32B	+54.0%
Total shares	134.44M	134.99M	-0.4%
Total puts	1.22M	774K	+58.1%
Total calls	1.59M	1.34M	+18.7%
Total put/call ratio	0.8	0.6	+33.2%

Largest owners	Shares	Value	Change
FMR	23.76M	$901.99M	+0.3%
BLK Blackrock	15.06M	$571.96M	+4.5%
Sachem Head Capital Management	14.95M	$567.65M	0.0%
Vanguard	13.82M	$524.61M	+5.1%
Dimensional Fund Advisors	8.95M	$340M	-1.3%
STT State Street	5.66M	$215.08M	-18.7%
PZN Pzena Investment Management	4.69M	$177.96M	+7.2%
Fuller & Thaler Asset Management	3.83M	$145.37M	-8.9%
RR Partners	3.34M	$126.88M	0.0%
IVZ Invesco	2.82M	$107.25M	+92.0%

Largest transactions	Shares	Bought/sold	Change
Norges Bank	0	-1.7M	EXIT
IVZ Invesco	2.82M	+1.35M	+92.0%
STT State Street	5.66M	-1.31M	-18.7%
Arrowstreet Capital, Limited Partnership	815.33K	-1.25M	-60.5%
Millennium Management	951.08K	+938.69K	+7578.0%
Clearbridge Advisors	692.39K	+692.39K	NEW
Vanguard	13.82M	+666.7K	+5.1%
First Trust Advisors	85.95K	-656.68K	-88.4%
BLK Blackrock	15.06M	+651.77K	+4.5%
Two Sigma Investments	353.1K	-466.94K	-56.9%

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

Hexion • Clarus • AMMO • Huntsman International • Westlake Chemical • Huntsman • Vista Outdoor

Management Discussion

Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations.
We are a leading vertically-integrated global manufacturer and distributor of chemical products and a leading United States (U.S.) manufacturer of ammunition. Our operations are concentrated in three business segments: Chlor Alkali Products and Vinyls, Epoxy and Winchester. All of our business segments are capital intensive manufacturing businesses. Chlor Alkali Products and Vinyls operating rates are closely tied to the general economy. Each segment has a commodity element to it.
Our Chlor Alkali Products and Vinyls segment is partially a commodity business where all supplier products are similar and price is the major supplier selection criterion. Pricing for these products is subject to a variety of factors, some of which are outside of our control. Our Chlor Alkali Products and Vinyls segment produces some of the most widely used chemicals in the world that can be upgraded into a wide variety of downstream chemical products used in many end-markets. Changes in supply/demand can be abrupt and significant and, given capacity in our Chlor Alkali Products and Vinyls segment, can lead to significant changes in our overall profitability.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: committed, correction, deductible, evidence, extinguishment, GAAP, German, Germany, jurisdiction, prepayment, preponderance, repaid, statement, taxable

Removed: approach, chlorinated, declaration, elimination, evaluating, fully, guarantor, ii, issuer, lesser, LLC, Parent, partnership, precursor, prospective, resin, return, sequential, Spinco, unconditionally

From filing 10-Q 2021 Q2