O-I Glass (NYSE:OI) Upgraded by Wall Street Zen to Strong-Buy Rating

O-I Glass (NYSE:OI) was upgraded by stock analysts at Wall Street Zen from a “buy” rating to a “strong-buy” rating in a note issued to investors on Saturday.

Other equities analysts also recently issued reports about the stock. Truist Financial decreased their price objective on shares of O-I Glass from $21.00 to $17.00 and set a “buy” rating on the stock in a report on Monday, October 13th. Bank of America upgraded shares of O-I Glass from a “neutral” rating to a “buy” rating and upped their price target for the company from $14.00 to $17.00 in a research note on Monday, November 17th. Wells Fargo & Company increased their price target on O-I Glass from $14.00 to $15.00 and gave the stock an “equal weight” rating in a research report on Thursday, November 6th. Weiss Ratings reissued a “sell (d-)” rating on shares of O-I Glass in a report on Wednesday, October 8th. Finally, Zacks Research downgraded O-I Glass from a “strong-buy” rating to a “hold” rating in a report on Thursday, September 25th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, O-I Glass currently has an average rating of “Moderate Buy” and an average target price of $16.67.

O-I Glass Trading Down 2.3%

NYSE OI opened at $14.65 on Friday. O-I Glass has a 52 week low of $9.23 and a 52 week high of $16.04. The stock’s 50 day moving average price is $13.12 and its two-hundred day moving average price is $13.45. The stock has a market capitalization of $2.25 billion, a price-to-earnings ratio of -15.58, a PEG ratio of 0.23 and a beta of 0.78. The company has a debt-to-equity ratio of 3.36, a quick ratio of 0.84 and a current ratio of 1.33.

O-I Glass (NYSE:OI) last released its earnings results on Wednesday, March 1st. The industrial products company reported $0.36 earnings per share (EPS) for the quarter. The business had revenue of $1.59 billion for the quarter. O-I Glass had a positive return on equity of 16.02% and a negative net margin of 2.26%. As a group, analysts anticipate that O-I Glass will post 1.33 earnings per share for the current fiscal year.

Institutional Trading of O-I Glass

Several large investors have recently modified their holdings of the stock. Vanguard Group Inc. increased its stake in shares of O-I Glass by 3.7% in the 3rd quarter. Vanguard Group Inc. now owns 19,349,218 shares of the industrial products company’s stock valued at $250,959,000 after acquiring an additional 691,989 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in O-I Glass by 2.1% in the third quarter. Dimensional Fund Advisors LP now owns 8,232,239 shares of the industrial products company’s stock worth $106,773,000 after purchasing an additional 170,696 shares during the period. Alliancebernstein L.P. increased its stake in O-I Glass by 0.7% in the third quarter. Alliancebernstein L.P. now owns 7,996,786 shares of the industrial products company’s stock valued at $103,718,000 after purchasing an additional 56,945 shares in the last quarter. Highland Peak Capital LLC increased its stake in O-I Glass by 22.2% in the third quarter. Highland Peak Capital LLC now owns 3,113,780 shares of the industrial products company’s stock valued at $40,386,000 after purchasing an additional 566,703 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in shares of O-I Glass by 18.7% during the 3rd quarter. Bank of America Corp DE now owns 2,618,748 shares of the industrial products company’s stock worth $33,965,000 after purchasing an additional 412,497 shares in the last quarter. Institutional investors and hedge funds own 97.24% of the company’s stock.

Trending Headlines about O-I Glass

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

• Positive Sentiment: Zacks raised multiple quarterly and annual EPS forecasts (examples: Q4 2025 to $0.19 from $0.17; Q2 2026 to $0.55 from $0.53; Q3 2026 to $0.59 from $0.56; FY2026 to $1.89 from $1.84; FY2027 to $2.35 from $2.34), suggesting modestly improved earnings visibility over the next 1–2 years. MarketBeat OI coverage
• Neutral Sentiment: Zacks maintained a “Hold” rating despite the estimate changes, and the consensus for the current full year remains lower than Zacks’ longer‑term projections (consensus shown at ~$1.33). The firm’s incremental revisions may reflect fine‑tuning rather than a material change in outlook. MarketBeat OI coverage
• Negative Sentiment: Zacks trimmed its Q3 2027 estimate slightly (to $0.67 from $0.68). Although small, this downgrade — combined with the Hold rating — can weigh on near‑term sentiment. MarketBeat OI coverage

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.