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

Envestnet Asset Management Inc. acquired a new stake in O-I Glass, Inc. (NYSE:OI) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 117,677 shares of the industrial products company’s stock, valued at approximately $1,526,000. Envestnet Asset Management Inc. owned approximately 0.08% of O-I Glass as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Alliancebernstein L.P. boosted its position in O-I Glass by 194.6% during the second quarter. Alliancebernstein L.P. now owns 7,939,841 shares of the industrial products company’s stock valued at $117,033,000 after buying an additional 5,244,440 shares during the period. Bank of America Corp DE lifted its stake in shares of O-I Glass by 222.6% in the 2nd quarter. Bank of America Corp DE now owns 2,206,251 shares of the industrial products company’s stock valued at $32,520,000 after acquiring an additional 1,522,384 shares during the last quarter. Luminus Management LLC lifted its stake in shares of O-I Glass by 15.1% in the 3rd quarter. Luminus Management LLC now owns 2,045,251 shares of the industrial products company’s stock valued at $26,527,000 after acquiring an additional 268,615 shares during the last quarter. Deroy & Devereaux Private Investment Counsel Inc. purchased a new stake in O-I Glass during the 3rd quarter valued at about $18,496,000. Finally, Assenagon Asset Management S.A. grew its position in O-I Glass by 181.8% during the 3rd quarter. Assenagon Asset Management S.A. now owns 1,249,473 shares of the industrial products company’s stock worth $16,206,000 after acquiring an additional 806,059 shares during the last quarter. Institutional investors own 97.24% of the company’s stock.

O-I Glass Trading Up 2.2%

Shares of OI opened at $13.41 on Monday. O-I Glass, Inc. has a 1-year low of $9.23 and a 1-year high of $16.91. The company has a current ratio of 1.25, a quick ratio of 0.77 and a debt-to-equity ratio of 3.35. The firm’s 50-day moving average price is $15.21 and its 200-day moving average price is $13.79. The firm has a market capitalization of $2.04 billion, a price-to-earnings ratio of -15.96, a PEG ratio of 0.62 and a beta of 0.82.

O-I Glass (NYSE:OI) last issued its quarterly earnings data on Tuesday, February 10th. The industrial products company reported $0.20 EPS for the quarter, topping the consensus estimate of $0.19 by $0.01. The business 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%. O-I Glass’s quarterly revenue was down 1.9% compared to the same quarter last year. During the same period last year, the business posted ($0.05) earnings per share. Sell-side analysts anticipate that O-I Glass, Inc. will post 1.33 EPS for the current year.

Analyst Upgrades and Downgrades

OI has been the subject of several recent research reports. Weiss Ratings reiterated a “sell (d-)” rating on shares of O-I Glass in a research report on Thursday, January 22nd. 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. Wall Street Zen lowered shares of O-I Glass from a “buy” rating to a “hold” rating in a report on Saturday. Royal Bank Of Canada lowered their price objective on shares of O-I Glass from $19.00 to $18.00 and set an “outperform” rating for the company in a research note on Thursday. Finally, Bank of America raised O-I Glass from a “neutral” rating to a “buy” rating and raised their target price for the stock from $14.00 to $17.00 in a research note on Monday, November 17th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $18.11.

Key Headlines Impacting O-I Glass

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 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.