Olin Corp. (OLN) Surged Amid Challenging Environment

Hotchkis & Wiley, an investment management company, released its “Hotchkis & Wiley Mid-Cap Value Fund” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the third quarter of 2025, equity markets posted strong gains with the S&P 500 Index, Nasdaq Composite, Dow Jones Industrial Average, and Russell 2000 Index hitting all-time highs. Enthusiasm over artificial intelligence (AI), a long-awaited Federal Reserve rate cut, and stronger-than-expected corporate earnings supported the investor sentiments in the quarter. The fund outperformed the Russell Midcap Value Index in the third quarter, gaining 7.74% vs 6.18% for the index. Please review the fund’s top 5 holdings to gain insight into their key selections for 2025.

In its third-quarter 2025 investor letter, Hotchkis & Wiley Mid-Cap Value Fund highlighted stocks such as Olin Corporation (NYSE:OLN). Headquartered in Clayton, Missouri, Olin Corporation (NYSE:OLN) is a chemical products manufacturer. The one-month return of Olin Corporation (NYSE:OLN) was 2.26%, and its shares lost 46.62% of their value over the last 52 weeks. On December 09, 2025, Olin Corporation (NYSE:OLN) stock closed at $20.36 per share, with a market capitalization of $2.334 billion.

Hotchkis & Wiley Mid-Cap Value Fund stated the following regarding Olin Corporation (NYSE:OLN) in its third quarter 2025 investor letter:

“Olin Corporation (NYSE:OLN) is the largest producer of chlor alkali chemicals and chlorine derivatives. Shares of Olin rose during the quarter despite a continued challenging operating environment. Olin’s balance sheet is strong, and capital allocation has been shareholder friendly. The company continues to provide diversification benefits to our existing commodity exposure.”

Is Olin Corporation (OLN) the Undervalued Chemical Stock to Buy Now?

Olin Corporation (NYSE:OLN) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 48 hedge fund portfolios held Olin Corporation (NYSE:OLN) at the end of the third quarter, which was 37 in the previous quarter. While we acknowledge the risk and potential of Olin Corporation (NYSE:OLN) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than Olin Corporation (NYSE:OLN) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered Olin Corporation (NYSE:OLN) and shared the list of stocks crashing hard despite highly optimistic market. In addition, please check out our hedge fund investor letters Q3 2025 page for more investor letters from hedge funds and other leading investors.

READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.

Disclosure: None. This article is originally published at Insider Monkey.