Vanguard Group Inc. Buys 691,989 Shares of O-I Glass, Inc. $OI

Vanguard Group Inc. grew its stake in shares of O-I Glass, Inc. (NYSE:OI) by 3.7% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 19,349,218 shares of the industrial products company’s stock after buying an additional 691,989 shares during the quarter. Vanguard Group Inc. owned approximately 0.13% of O-I Glass worth $250,959,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Alliancebernstein L.P. boosted its holdings in shares of O-I Glass by 194.6% during the 2nd quarter. Alliancebernstein L.P. now owns 7,939,841 shares of the industrial products company’s stock valued at $117,033,000 after acquiring an additional 5,244,440 shares in the last quarter. Bank of America Corp DE increased its holdings in O-I Glass by 222.6% in the 2nd quarter. Bank of America Corp DE now owns 2,206,251 shares of the industrial products company’s stock worth $32,520,000 after purchasing an additional 1,522,384 shares in the last quarter. Deroy & Devereaux Private Investment Counsel Inc. bought a new position in O-I Glass in the third quarter valued at about $18,496,000. Assenagon Asset Management S.A. raised its position in O-I Glass by 181.8% in the third quarter. Assenagon Asset Management S.A. now owns 1,249,473 shares of the industrial products company’s stock valued at $16,206,000 after purchasing an additional 806,059 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its holdings in shares of O-I Glass by 123.8% during the second quarter. JPMorgan Chase & Co. now owns 1,145,980 shares of the industrial products company’s stock worth $16,892,000 after purchasing an additional 633,875 shares during the last quarter. 97.24% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

OI has been the subject of several recent research reports. Robert W. Baird set a $20.00 price target on shares of O-I Glass in a research report on Thursday, February 12th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of O-I Glass in a research report on Thursday, January 22nd. Truist Financial lifted their target price on O-I Glass from $17.00 to $21.00 and gave the stock a “buy” rating in a report on Tuesday, January 6th. Bank of America raised O-I Glass from a “neutral” rating to a “buy” rating and increased their price target for the company from $14.00 to $17.00 in a research note on Monday, November 17th. Finally, Zacks Research lowered O-I Glass from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 2nd. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $18.11.

O-I Glass News Roundup

Here are the key news stories impacting O-I Glass this week:

• Positive Sentiment: RBC kept an “outperform” rating while trimming its price target from $19 to $18 — the note still implies ~30%+ upside from current levels, which can support buying interest. Benzinga: RBC lowers PT to $18
• Positive Sentiment: Zacks Research raised a few near‑quarter estimates (Q2 2026 to $0.56 from $0.55; Q3 2026 to $0.62 from $0.60), signaling some resilience in mid‑2026 margins. What is Zacks Research’s Forecast for O-I Glass Q2 Earnings?
• Neutral Sentiment: Zacks’ coverage is mixed overall — the firm remains at a “Hold” rating while publishing multiple revision items across quarters; investors must weigh the upgrades against the cuts below. What is Zacks Research’s Forecast for O-I Glass Q2 Earnings?
• Negative Sentiment: MarketWatch and other outlets report near‑term EPS pressure and that shares have moved lower following earnings/guide-related concerns — this headline-driven selling is a primary reason for the stock’s weakness. O-I Glass Shares Fall on 1Q EPS Pressure
• Negative Sentiment: Zacks cut several key estimates: notable reductions for Q1 (e.g., Q1 2026 down to $0.26 from $0.43), Q4 2026, Q1 2027 (to $0.46 from $0.61) and FY2026 (to $1.76 from $1.94) — these downward revisions apply pressure to valuation and near‑term sentiment. What is Zacks Research’s Forecast for O-I Glass Q2 Earnings?
• Negative Sentiment: Coverage pieces flagged a gap‑down and slide in the NYSE composite after the earnings/analyst moves, amplifying volatility and downside liquidity risk. O-I Glass Shares Gap Down on Earnings O-I Glass Slides on RBC Target Cut

O-I Glass Price Performance

OI stock opened at $13.41 on Friday. The company has a quick ratio of 0.77, a current ratio of 1.25 and a debt-to-equity ratio of 3.35. The firm has a market cap of $2.04 billion, a price-to-earnings ratio of -15.96, a PEG ratio of 0.62 and a beta of 0.78. The company’s fifty day simple moving average is $15.21 and its 200 day simple moving average is $13.79. O-I Glass, Inc. has a 12-month low of $9.23 and a 12-month high of $16.91.

O-I Glass (NYSE:OI) last issued its quarterly earnings results on Tuesday, February 10th. The industrial products company reported $0.20 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $0.01. The firm had revenue of $1.50 billion during the quarter, compared to the consensus estimate of $1.52 billion. O-I Glass had a positive return on equity of 18.07% and a negative net margin of 2.01%.The business’s revenue was down 1.9% compared to the same quarter last year. During the same period last year, the business posted ($0.05) EPS. On average, analysts expect that O-I Glass, Inc. will post 1.33 earnings per share for the current year.

About O-I Glass

O-I Glass, Inc is a leading global manufacturer of glass containers, supplying the food and beverage, wine and spirits, pharmaceutical, cosmetic and personal care industries. Headquartered in Perrysburg, Ohio, the company produces a broad range of glass packaging solutions, including bottles and jars, designed to meet customer specifications for size, shape, color and performance. O-I leverages proprietary technologies in forming, decoration and quality control to serve both mass-market and premium brands.

Tracing its origins to the early 20th century through the merger of prominent regional glassmakers, the company adopted the Owens-Illinois name in 1929 before rebranding as O-I Glass in 2015.