10 Best Gun Stocks to Buy in 2025

2. Olin Corporation (NYSE:OLN)

Number of Hedge Fund Holders: 33

Olin Corporation (NYSE:OLN) is an American manufacturer and distributor of ammunition, sodium chloride, and chlorine. It traces its origin to two companies – Equitable Powder Company and Mathieson Alkali Works – both founded in 1892. The company has three business segments, Chlor Alkali Products, Vinyls, and Winchester, with the latter focused on arms and ammunition.

On February 5, Olin Corporation (NYSE:OLN)’s Winchester division along with the Army’s Joint Program Executive Office for Armaments and Ammunition (JPEO A&A) and Joint Munitions Command (JMC) celebrated the groundbreaking of the new 6.8mm ammunition facility at the Lake City Army Ammunition Plant. This initiative is a major step in the U.S. Army’s modernization efforts and will play a vital role in national defense.

In January, Winchester entered into a $75 million agreement to acquire AMMO, Inc.’s small-caliber ammunition manufacturing assets. The acquisition would include a 185,000-square-foot production facility in Manitowoc, constructed by AMMO in 2022. The move is expected to yield realized synergies of $40 million and will also enhance Olin Corporation (NYSE:OLN)’s ability to participate across high-margin specialty calibers.

During Olin Corporation’s (NYSE:OLN) recent Q4 2024 earnings call on January 30, the company announced a 10% increase in Winchester’s quarterly sales to $435.4 million, driven by a growth in military sales and military project revenue. Earnings for the segment stood at $42 million. This was down from $65.4 million during the same period last year. The dip was attributed to higher propellant costs, declining commercial ammunition shipments, and lower pricing.

Olin Corporation (NYSE:OLN) is one of the best gun stocks to buy in 2025. Wall Street analysts have a consensus Buy rating for the company, with an average share price upside potential of 53%.