Envestnet Asset Management Inc. Invests $1.53 Million in O-I Glass, Inc. $OI

Envestnet Asset Management Inc. purchased a new position in O-I Glass, Inc. (NYSE:OI) in the 3rd quarter, HoldingsChannel.com reports. The firm purchased 117,677 shares of the industrial products company’s stock, valued at approximately $1,526,000.

Other hedge funds have also bought and sold shares of the company. Headlands Technologies LLC purchased a new stake in O-I Glass in the second quarter worth about $29,000. Smartleaf Asset Management LLC boosted its position in shares of O-I Glass by 64.1% in the 2nd quarter. Smartleaf Asset Management LLC now owns 2,350 shares of the industrial products company’s stock worth $35,000 after purchasing an additional 918 shares in the last quarter. State of Wyoming purchased a new stake in shares of O-I Glass in the 2nd quarter worth approximately $35,000. Neo Ivy Capital Management bought a new position in O-I Glass during the 2nd quarter valued at approximately $51,000. Finally, Osaic Holdings Inc. raised its stake in O-I Glass by 29.7% during the second quarter. Osaic Holdings Inc. now owns 6,779 shares of the industrial products company’s stock valued at $100,000 after buying an additional 1,554 shares during the last quarter. Institutional investors own 97.24% of the company’s stock.

O-I Glass Price Performance

Shares of NYSE:OI opened at $13.41 on Monday. 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 firm has a market cap of $2.04 billion, a price-to-earnings ratio of -15.96, a price-to-earnings-growth ratio of 0.62 and a beta of 0.82. The business has a 50-day simple moving average of $15.21 and a two-hundred day simple moving average of $13.79. O-I Glass, Inc. has a fifty-two week low of $9.23 and a fifty-two week high of $16.91.

O-I Glass (NYSE:OI) last announced its quarterly earnings results on Tuesday, February 10th. The industrial products company reported $0.20 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.01. The firm had revenue of $1.50 billion during the quarter, compared to analyst estimates of $1.52 billion. O-I Glass had a negative net margin of 2.01% and a positive return on equity of 18.07%. The business’s revenue for the quarter was down 1.9% on a year-over-year basis. During the same period in the previous year, the business posted ($0.05) earnings per share. On average, analysts expect that O-I Glass, Inc. will post 1.33 earnings per share for the current year.

Wall Street Analysts Forecast Growth

OI has been the topic of a number of recent research reports. Citigroup cut their target price on O-I Glass from $17.00 to $16.00 and set a “neutral” rating on the stock in a research note on Thursday, February 12th. Truist Financial upped their price target on shares of O-I Glass from $17.00 to $21.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. Bank of America upgraded shares of O-I Glass from a “neutral” rating to a “buy” rating and raised their price objective for the company from $14.00 to $17.00 in a research note on Monday, November 17th. Royal Bank Of Canada decreased 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 report on Thursday. Finally, UBS Group reiterated a “buy” rating and set a $21.00 price target on shares of O-I Glass in a report on Thursday, February 12th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, O-I Glass presently has a consensus rating of “Moderate Buy” and an average price target of $18.11.

Key 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

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.