O-I Glass, Inc. $OI Stock Position Lifted by Private Management Group Inc.

Private Management Group Inc. grew its holdings in shares of O-I Glass, Inc. (NYSE:OI) by 33.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,125,555 shares of the industrial products company’s stock after acquiring an additional 1,041,862 shares during the quarter. Private Management Group Inc.’s holdings in O-I Glass were worth $23,309,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. BlackRock Inc. acquired a new position in O-I Glass during the 2nd quarter worth approximately $225,727,000. Dimensional Fund Advisors LP boosted its stake in shares of O-I Glass by 8.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 9,238,635 shares of the industrial products company’s stock valued at $97,094,000 after purchasing an additional 729,191 shares during the last quarter. Cooper Creek Partners Management LLC raised its position in shares of O-I Glass by 73.8% in the 1st quarter. Cooper Creek Partners Management LLC now owns 7,006,293 shares of the industrial products company’s stock worth $73,636,000 after acquiring an additional 2,975,181 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its stake in shares of O-I Glass by 32.1% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 4,246,337 shares of the industrial products company’s stock valued at $44,629,000 after acquiring an additional 1,030,705 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in shares of O-I Glass by 15.6% during the 1st quarter. Bank of America Corp DE now owns 3,563,497 shares of the industrial products company’s stock worth $37,452,000 after purchasing an additional 479,608 shares in the last quarter. Institutional investors own 97.24% of the company’s stock.

O-I Glass Price Performance

OI opened at $5.24 on Tuesday. The firm has a market cap of $805.88 million, a P/E ratio of 21.92, a PEG ratio of 13.09 and a beta of 0.75. The company has a debt-to-equity ratio of 8.84, a quick ratio of 0.80 and a current ratio of 1.28. O-I Glass, Inc. has a fifty-two week low of $4.84 and a fifty-two week high of $16.91. The firm has a 50-day moving average of $6.03 and a 200 day moving average of $9.23.

O-I Glass (NYSE:OI) last released its earnings results on Tuesday, October 27th. The industrial products company reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates 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 company had revenue of $1.62 billion during the quarter, compared to analysts’ expectations of $1.64 billion. During the same quarter in the previous year, the firm earned $0.48 earnings per share. The firm’s revenue was down 1.8% compared to the same quarter last year. On average, research analysts expect that O-I Glass, Inc. will post 0.06 EPS for the current year.

Key Headlines Impacting O-I Glass

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

• Neutral Sentiment: Investors who bought O-I Glass securities between March 14, 2025, and July 28, 2026, may seek appointment as lead plaintiff by December 28, 2026. Article: Deadline Alert
• Negative Sentiment: The lawsuit alleges O-I Glass misled investors about business conditions and European energy costs. One notice says the complaint focuses on management describing a $150 million 2026 energy reset as “one and done,” while European pressures allegedly continued. The claims have not been established in court; the litigation headlines may weigh on investor sentiment. Article: OI Shareholder Alert

Analyst Upgrades and Downgrades

OI has been the topic of several research reports. Citigroup lowered their price objective on shares of O-I Glass from $9.00 to $8.00 and set a “buy” rating on the stock in a report on Thursday, October 29th. Robert W. Baird set a $13.00 price objective on shares of O-I Glass in a research report on Thursday, July 30th. Weiss Ratings lowered shares of O-I Glass from a “sell (d-)” rating to a “sell (e+)” rating in a research note on Wednesday, October 21st. Zacks Research raised shares of O-I Glass from a “strong sell” rating to a “hold” rating in a research report on Monday, July 13th. Finally, Wells Fargo & Company cut their target price on O-I Glass from $12.00 to $10.00 and set an “overweight” rating on the stock in a research note on Monday, October 19th. Three investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price 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.