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

Vanguard Group Inc. raised its holdings in O-I Glass, Inc. (NYSE:OI) by 3.7% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 19,349,218 shares of the industrial products company’s stock after buying an additional 691,989 shares during the period. Vanguard Group Inc. owned about 12.56% of O-I Glass worth $250,959,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Alliancebernstein L.P. increased 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 worth $117,033,000 after acquiring an additional 5,244,440 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of O-I Glass by 222.6% during 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 buying an additional 1,522,384 shares during the period. Deroy & Devereaux Private Investment Counsel Inc. bought a new position in O-I Glass in the 3rd quarter valued at about $18,496,000. Assenagon Asset Management S.A. lifted its position in O-I Glass by 181.8% during the third quarter. Assenagon Asset Management S.A. now owns 1,249,473 shares of the industrial products company’s stock worth $16,206,000 after acquiring an additional 806,059 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted 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 acquiring an additional 633,875 shares during the period. 97.24% of the stock is owned by institutional investors and hedge funds.

More O-I Glass News

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

Analyst Upgrades and Downgrades

OI has been the topic of a number of recent research reports. Zacks Research lowered O-I Glass from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 2nd. Weiss Ratings reiterated a “sell (d-)” rating on shares of O-I Glass in a research report on Thursday, January 22nd. Royal Bank Of Canada reduced their target price on shares of O-I Glass from $19.00 to $18.00 and set an “outperform” rating for the company in a research report on Thursday. UBS Group restated a “buy” rating and set a $21.00 target price on shares of O-I Glass in a research report on Thursday, February 12th. Finally, Wall Street Zen cut O-I Glass from a “buy” rating to a “hold” rating in a research note on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $18.11.

O-I Glass Trading Up 2.2%

Shares of OI stock opened at $13.41 on Friday. O-I Glass, Inc. has a fifty-two week low of $9.23 and a fifty-two week high of $16.91. The stock’s fifty day moving average price is $15.21 and its two-hundred day moving average price is $13.79. The company has a debt-to-equity ratio of 3.35, a quick ratio of 0.77 and a current ratio of 1.25. The company has a market cap of $2.04 billion, a PE ratio of -15.96, a P/E/G ratio of 0.62 and a beta of 0.78.

O-I Glass (NYSE:OI) last announced its quarterly earnings data on Tuesday, February 10th. The industrial products company reported $0.20 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.01. The business 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%.O-I Glass’s revenue for the quarter was down 1.9% on a year-over-year basis. During the same period in the prior year, the company earned ($0.05) EPS. Equities analysts predict that O-I Glass, Inc. will post 1.33 EPS for the current fiscal 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.