O-I Glass (NYSE:OI) Lowered to “Hold” Rating by Wall Street Zen

Wall Street Zen lowered shares of O-I Glass (NYSE:OI) from a buy rating to a hold rating in a report published on Saturday.

Several other brokerages also recently weighed in on OI. Zacks Research downgraded shares of O-I Glass from a “strong-buy” rating to a “hold” rating in a research note on Monday, February 2nd. UBS Group reaffirmed a “buy” rating and set a $21.00 price target on shares of O-I Glass in a research note on Thursday, February 12th. Citigroup reduced their price objective on shares of O-I Glass from $17.00 to $16.00 and set a “neutral” rating on the stock in a research report on Thursday, February 12th. Royal Bank Of Canada decreased 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, Weiss Ratings restated a “sell (d-)” rating on shares of O-I Glass in a research report on Thursday, January 22nd. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, O-I Glass has a consensus rating of “Moderate Buy” and a consensus price target of $18.11.

O-I Glass Trading Up 2.2%

Shares of NYSE OI opened at $13.41 on Friday. O-I Glass has a 1-year low of $9.23 and a 1-year high of $16.91. The company has a debt-to-equity ratio of 3.35, a current ratio of 1.25 and a quick ratio of 0.77. The business’s 50 day moving average is $15.21 and its two-hundred day moving average is $13.79. The stock has a market capitalization of $2.04 billion, a P/E ratio of -15.96, a PEG ratio of 0.62 and a beta of 0.78.

O-I Glass (NYSE:OI) last announced its 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. O-I Glass had a positive return on equity of 18.07% and a negative net margin of 2.01%.The firm had revenue of $1.50 billion during the quarter, compared to analysts’ expectations of $1.52 billion. During the same quarter in the previous year, the business earned ($0.05) EPS. The company’s quarterly revenue was down 1.9% on a year-over-year basis. As a group, research analysts expect that O-I Glass will post 1.33 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Villanova Investment Management Co LLC lifted its holdings in shares of O-I Glass by 14.2% in the 4th quarter. Villanova Investment Management Co LLC now owns 190,329 shares of the industrial products company’s stock worth $2,809,000 after buying an additional 23,716 shares during the period. Virtu Financial LLC bought a new stake in shares of O-I Glass in the fourth quarter valued at about $228,000. Invesco Ltd. lifted its stake in O-I Glass by 18.7% in the fourth quarter. Invesco Ltd. now owns 1,269,236 shares of the industrial products company’s stock worth $18,734,000 after acquiring an additional 199,938 shares during the period. Corient Private Wealth LLC lifted its stake in O-I Glass by 6.0% in the fourth quarter. Corient Private Wealth LLC now owns 18,694 shares of the industrial products company’s stock worth $277,000 after acquiring an additional 1,062 shares during the period. Finally, XTX Topco Ltd grew its holdings in O-I Glass by 22.5% during the 4th quarter. XTX Topco Ltd now owns 24,095 shares of the industrial products company’s stock worth $356,000 after acquiring an additional 4,425 shares in the last quarter. 97.24% of the stock is currently owned by hedge funds and other institutional investors.

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

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.