Dimensional Fund Advisors LP boosted its stake in O-I Glass, Inc. (NYSE:OI – Free Report) by 8.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,238,635 shares of the industrial products company’s stock after acquiring an additional 729,191 shares during the period. Dimensional Fund Advisors LP owned 0.06% of O-I Glass worth $97,094,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in the stock. Alliancebernstein L.P. grew its holdings in O-I Glass by 194.6% during the 2nd quarter. Alliancebernstein L.P. now owns 7,939,841 shares of the industrial products company’s stock worth $117,033,000 after acquiring an additional 5,244,440 shares in the last quarter. Wellington Management Group LLP bought a new stake in shares of O-I Glass in the 4th quarter worth about $40,090,000. Arrowstreet Capital Limited Partnership raised its stake in shares of O-I Glass by 288.7% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 3,215,632 shares of the industrial products company’s stock valued at $47,463,000 after purchasing an additional 2,388,299 shares in the last quarter. Brandywine Global Investment Management LLC acquired a new stake in shares of O-I Glass in the 4th quarter valued at about $25,064,000. Finally, Bank of America Corp DE lifted its position in shares of O-I Glass by 222.6% during the second quarter. Bank of America Corp DE now owns 2,206,251 shares of the industrial products company’s stock worth $32,520,000 after purchasing an additional 1,522,384 shares during the last quarter. 97.24% of the stock is currently owned by institutional investors.
Insider Buying and Selling at O-I Glass
In related news, SVP Eduardo Restrepo purchased 3,309 shares of the company’s stock in a transaction dated Thursday, May 14th. The shares were acquired at an average cost of $8.98 per share, for a total transaction of $29,714.82. Following the transaction, the senior vice president owned 94,199 shares of the company’s stock, valued at $845,907.02. This trade represents a 3.64% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, SVP Darrow A. Abrahams purchased 2,774 shares of the business’s stock in a transaction that occurred on Monday, May 11th. The stock was bought at an average cost of $9.04 per share, for a total transaction of $25,076.96. Following the acquisition, the senior vice president owned 235,928 shares in the company, valued at approximately $2,132,789.12. The trade was a 1.19% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders purchased a total of 17,083 shares of company stock worth $157,312 over the last ninety days. Company insiders own 1.00% of the company’s stock.
Wall Street Analyst Weigh In
Get Our Latest Research Report on OI
O-I Glass Trading Down 15.1%
NYSE OI opened at $7.70 on Thursday. O-I Glass, Inc. has a one year low of $7.19 and a one year high of $16.91. The company has a 50-day simple moving average of $9.05 and a 200-day simple moving average of $11.13. The company has a debt-to-equity ratio of 3.35, a quick ratio of 0.73 and a current ratio of 1.26. The firm has a market capitalization of $1.18 billion, a PE ratio of -1.02, a price-to-earnings-growth ratio of 1.09 and a beta of 0.62.
O-I Glass (NYSE:OI – Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The industrial products company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.15). The business had revenue of $1.67 billion for the quarter, compared to the consensus estimate of $1.68 billion. O-I Glass had a negative net margin of 18.13% and a positive return on equity of 8.76%. O-I Glass’s quarterly revenue was down 2.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.53 EPS. On average, equities analysts forecast that O-I Glass, Inc. will post 1.14 earnings per share for the current year.
O-I Glass News Summary
Here are the key news stories impacting O-I Glass this week:
- Positive Sentiment: Analysts’ recent price targets remain above the stock’s current trading level, with five targets carrying a median of $13.00. O-I also disclosed a recent open-market purchase of 3,309 shares by a senior vice president, although the purchase is relatively small. O-I Glass Second-Quarter Results and Market Data
- Neutral Sentiment: Management scheduled an earnings conference call to discuss the quarter and provide additional operating commentary. Investors will likely focus on demand, pricing, cost controls, debt reduction and the outlook for the remainder of 2026. O-I Glass Reports Second Quarter 2026 Results
- Negative Sentiment: O-I Glass reported adjusted earnings of $0.09 per share, missing the roughly $0.22–$0.24 analyst consensus by $0.13–$0.15. Earnings also dropped sharply from $0.53 per share in the comparable quarter last year. O-I Glass Earnings Miss Estimates
- Negative Sentiment: Revenue totaled $1.67 billion, slightly below the $1.68 billion estimate and down 2.2% year over year. The combination of declining sales and a substantial earnings miss suggests continued pressure on volumes, pricing or operating costs. O-I Glass Key Earnings Metrics
- Negative Sentiment: The stock is trading near its 52-week low and below both its 50-day and 200-day moving averages. O-I’s elevated debt-to-equity ratio of 3.35 and weak quick ratio of 0.73 may further amplify concerns about financial flexibility after the disappointing quarter.
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.
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