O-I Glass, Inc. $OI Stock Purchased by IPG Investment Advisors LLC

IPG Investment Advisors LLC increased its holdings in shares of O-I Glass, Inc. (NYSE:OI) by 29.4% during the third quarter, Holdings Channel.com reports. The firm owned 709,204 shares of the industrial products company’s stock after buying an additional 161,141 shares during the period. IPG Investment Advisors LLC’s holdings in O-I Glass were worth $4,007,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Vise Technologies Inc. bought a new position in O-I Glass in the third quarter worth approximately $61,000. Verdence Capital Advisors LLC purchased a new stake in O-I Glass during the third quarter worth $56,000. Inspire Investing LLC boosted its position in O-I Glass by 56.7% during the 3rd quarter. Inspire Investing LLC now owns 110,985 shares of the industrial products company’s stock valued at $627,000 after acquiring an additional 40,148 shares in the last quarter. SummerHaven Investment Management LLC bought a new stake in O-I Glass during the 3rd quarter valued at $418,000. Finally, Counterpoint Mutual Funds LLC increased its holdings in shares of O-I Glass by 106.2% in the 3rd quarter. Counterpoint Mutual Funds LLC now owns 69,971 shares of the industrial products company’s stock valued at $395,000 after acquiring an additional 36,042 shares during the period. 97.24% of the stock is owned by hedge funds and other institutional investors.

More O-I Glass News

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

• Negative Sentiment: Several law firms publicized the same securities class action, filed on October 29, on behalf of investors who bought O-I Glass shares from March 14, 2025, through July 28, 2026. The suit alleges that company statements about its Fit to Win program and 2026 outlook failed to disclose cost-saving delays and pressures in Europe; these are allegations, not proven findings. Investors seeking lead-plaintiff status face a December 28, 2026 deadline. The repeated announcements are reminders of one lawsuit, rather than evidence of several separate cases. Lawsuit allegations and deadline
• Negative Sentiment: A report said O-I Glass’s consensus price target was cut 17.66% to $7.03, signaling reduced analyst expectations. Another report linked the lawsuit to a sharp stock decline and realigned 2027 targets, underscoring concerns about the company’s forward outlook. Consensus price-target report

O-I Glass Trading Down 1.6%

NYSE OI opened at $5.12 on Wednesday. O-I Glass, Inc. has a 52 week low of $4.84 and a 52 week high of $16.91. The company has a 50 day moving average price of $6.20 and a 200 day moving average price of $9.43. The company has a quick ratio of 0.80, a current ratio of 1.28 and a debt-to-equity ratio of 8.84. The firm has a market cap of $787.40 million, a PE ratio of 20.80, a price-to-earnings-growth ratio of 12.42 and a beta of 0.75.

O-I Glass (NYSE:OI) last announced its earnings results on Tuesday, October 27th. The industrial products company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.25). O-I Glass had a negative net margin of 18.89% and a positive return on equity of 3.74%. The firm had revenue of $1.62 billion during the quarter, compared to analyst estimates of $1.64 billion. During the same quarter last year, the business earned $0.48 earnings per share. O-I Glass’s revenue was down 1.8% on a year-over-year basis. As a group, sell-side analysts forecast that O-I Glass, Inc. will post 0.06 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Wells Fargo & Company reduced their price target on O-I Glass from $12.00 to $10.00 and set an “overweight” rating for the company in a research report on Monday, October 19th. Truist Financial decreased their price objective on O-I Glass from $8.00 to $7.00 and set a “buy” rating for the company in a research note on Thursday, October 29th. Zacks Research raised O-I Glass from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. Royal Bank Of Canada cut their target price on O-I Glass from $8.00 to $7.00 and set a “sector perform” rating on the stock in a research note on Tuesday, October 13th. Finally, Bank of America downgraded shares of O-I Glass from a “buy” rating to an “underperform” rating and set a $11.00 target price for the company. in a report on Tuesday, July 14th. Three equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, O-I Glass has a consensus rating of “Hold” and an average price target of $8.81.

About O-I Glass

O-I Glass, Inc is a global manufacturer of glass packaging products. The company produces glass bottles and jars primarily for the food, beverage, beer, wine, spirits, and pharmaceutical industries, serving brand owners and consumer-products companies.

Its products are designed to provide packaging, preservation, and presentation for a range of consumer goods. O-I also offers glass packaging in various shapes, sizes, and colors, including custom solutions developed for individual brands.

The company traces its history to the Owens Bottle Company, founded in 1903, and the Illinois Glass Company.