O-I Glass, Inc. (NYSE:OI) Given Consensus Recommendation of "Hold" by Brokerages

Key Points

• O-I Glass currently has a consensus analyst rating of "Hold" from eight covering analysts, with a mix of two sell, two hold, and four buy ratings. The average 12-month price target is about $13.57.
• The company’s most recent earnings report showed EPS of $0.05, missing estimates, while revenue came in at $1.54 billion, slightly above expectations. O-I Glass also guided FY2026 EPS to 1.00–1.50.
• Shares were trading around $8.95, near the 50-day moving average of $9.03 and well below the 200-day moving average of $11.32. Meanwhile, several insiders and large institutional investors have recently increased their stakes in the company.

O-I Glass, Inc. (NYSE:OI - Get Free Report) has been assigned a consensus recommendation of "Hold" from the eight analysts that are covering the company, Marketbeat reports. Two analysts have rated the stock with a sell recommendation, two have given a hold recommendation and four have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have issued ratings on the stock in the last year is $13.5714.

Several research analysts have weighed in on OI shares. Wells Fargo & Company dropped their target price on O-I Glass from $13.00 to $12.00 and set an "overweight" rating on the stock in a research report on Wednesday, July 15th. UBS Group reduced their price target on O-I Glass from $21.00 to $18.00 and set a "buy" rating for the company in a report on Friday, April 10th. Weiss Ratings raised O-I Glass from a "sell (e+)" rating to a "sell (d-)" rating in a research note on Wednesday, July 15th. Citigroup dropped their price objective on O-I Glass from $12.00 to $10.00 and set a "neutral" rating on the stock in a report on Monday, May 4th. Finally, 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.

O-I Glass Stock Down 1.0%

O-I Glass stock opened at $8.95 on Friday. O-I Glass has a 52 week low of $7.75 and a 52 week high of $16.91. The stock has a market cap of $1.37 billion, a price-to-earnings ratio of -7.33, a PEG ratio of 1.09 and a beta of 0.62. The company's 50-day moving average price is $9.03 and its two-hundred day moving average price is $11.32. The company has a current ratio of 1.26, a quick ratio of 0.73 and a debt-to-equity ratio of 3.35.

O-I Glass (NYSE:OI - Get Free Report) last released its earnings results on Tuesday, April 28th. The industrial products company reported $0.05 EPS for the quarter, missing the consensus estimate of $0.09 by ($0.04). The business had revenue of $1.54 billion for the quarter, compared to analyst estimates of $1.47 billion. O-I Glass had a negative net margin of 2.91% and a positive return on equity of 13.65%. The firm's revenue for the quarter was down 1.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.40 earnings per share. O-I Glass has set its FY 2026 guidance at 1.000-1.500 EPS. On average, analysts expect that O-I Glass will post 1.14 EPS for the current fiscal year.

Insiders Place Their Bets

In other O-I Glass news, SVP Darrow A. Abrahams bought 2,774 shares of the stock in a transaction that occurred on Monday, May 11th. The shares were acquired at an average price of $9.04 per share, with a total value of $25,076.96. Following the completion of the purchase, the senior vice president directly owned 235,928 shares in the company, valued at $2,132,789.12. The trade was a 1.19% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, SVP Eduardo Restrepo purchased 3,309 shares of the stock in a transaction on Thursday, May 14th. The stock was bought at an average price of $8.98 per share, for a total transaction of $29,714.82. Following the completion of the transaction, the senior vice president directly owned 94,199 shares of the company's stock, valued at approximately $845,907.02. This trade represents a 3.64% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired a total of 17,083 shares of company stock valued at $157,312 in the last three months. Company insiders own 1.00% of the company's stock.

Institutional Trading of O-I Glass

Large investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP boosted its holdings in O-I Glass by 8.6% in the first quarter. Dimensional Fund Advisors LP now owns 9,238,635 shares of the industrial products company's stock valued at $97,094,000 after acquiring an additional 729,191 shares during the last quarter. Alliancebernstein L.P. raised its holdings in O-I Glass by 0.7% during the 3rd quarter. Alliancebernstein L.P. now owns 7,996,786 shares of the industrial products company's stock worth $103,718,000 after purchasing an additional 56,945 shares during the last quarter. Cooper Creek Partners Management LLC raised its holdings in O-I Glass by 73.8% during 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 purchasing an additional 2,975,181 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its position in O-I Glass by 32.1% during 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 purchasing an additional 1,030,705 shares during the period. Finally, Geode Capital Management LLC lifted its position in O-I Glass by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 3,783,387 shares of the industrial products company's stock valued at $55,852,000 after purchasing an additional 22,430 shares during the period. Institutional investors own 97.24% of the company's stock.

O-I Glass Company Profile

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.

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