Dayah Capital LLC Invests $4.36 Million in O-I Glass, Inc. $OI

Dayah Capital LLC acquired a new position in shares of O-I Glass, Inc. (NYSE:OI) in the first quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 414,897 shares of the industrial products company’s stock, valued at approximately $4,361,000. O-I Glass comprises 1.7% of Dayah Capital LLC’s investment portfolio, making the stock its 15th biggest position. Dayah Capital LLC owned approximately 0.27% of O-I Glass as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in OI. Dimensional Fund Advisors LP raised its holdings in O-I Glass by 8.6% in the first quarter. Dimensional Fund Advisors LP now owns 9,238,635 shares of the industrial products company’s stock worth $97,094,000 after purchasing an additional 729,191 shares in the last quarter. Alliancebernstein L.P. grew its position in shares of O-I Glass by 0.7% in the 3rd quarter. Alliancebernstein L.P. now owns 7,996,786 shares of the industrial products company’s stock worth $103,718,000 after buying an additional 56,945 shares during the last quarter. Cooper Creek Partners Management LLC grew its position in shares of O-I Glass by 73.8% in the 1st quarter. Cooper Creek Partners Management LLC now owns 7,006,293 shares of the industrial products company’s stock worth $73,636,000 after buying an additional 2,975,181 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of O-I Glass by 32.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 4,246,337 shares of the industrial products company’s stock worth $44,629,000 after acquiring an additional 1,030,705 shares in the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of O-I Glass by 0.6% during the 4th quarter. Geode Capital Management LLC now owns 3,783,387 shares of the industrial products company’s stock worth $55,852,000 after acquiring an additional 22,430 shares in the last quarter. Institutional investors own 97.24% of the company’s stock.

O-I Glass Stock Down 4.4%

NYSE:OI opened at $7.37 on Friday. The company has a current ratio of 1.26, a quick ratio of 0.73 and a debt-to-equity ratio of 8.89. O-I Glass, Inc. has a twelve month low of $7.19 and a twelve month high of $16.91. The company has a market cap of $1.13 billion, a PE ratio of -0.98, a P/E/G ratio of 0.93 and a beta of 0.62. The company’s 50 day moving average is $9.01 and its two-hundred day moving average is $11.08.

O-I Glass (NYSE:OI) last posted its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.15). O-I Glass had a positive return on equity of 10.40% and a negative net margin of 18.13%.The company had revenue of $1.67 billion during the quarter, compared to analysts’ expectations of $1.68 billion. During the same period in the prior year, the business posted $0.53 EPS. The company’s quarterly revenue was down 2.2% on a year-over-year basis. Analysts anticipate that O-I Glass, Inc. will post 1.14 EPS for the current year.

Insider Activity at O-I Glass

In other news, SVP Darrow A. Abrahams purchased 2,774 shares of the company’s stock in a transaction on Monday, May 11th. The shares were acquired at an average price of $9.04 per share, for a total transaction of $25,076.96. Following the purchase, the senior vice president owned 235,928 shares in the company, valued at $2,132,789.12. This trade represents a 1.19% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Eduardo Restrepo purchased 3,309 shares of the company’s stock in a transaction on Thursday, May 14th. The shares were purchased at an average price of $8.98 per share, for a total transaction of $29,714.82. Following the purchase, the senior vice president owned 94,199 shares in the company, valued at approximately $845,907.02. The trade was a 3.64% increase in their position. The SEC filing for this purchase provides additional information. Insiders have bought a total of 17,083 shares of company stock valued at $157,312 in the last ninety days. Company insiders own 1.00% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have weighed in on OI. Citigroup lowered their target price on shares of O-I Glass from $12.00 to $10.00 and set a “neutral” rating for the company in a research note on Monday, May 4th. Bank of America reiterated an “underperform” rating and set a $11.00 price objective on shares of O-I Glass in a report on Tuesday, July 14th. Robert W. Baird set a $13.00 price objective on O-I Glass in a research report on Thursday. Wells Fargo & Company dropped their target price on O-I Glass from $13.00 to $12.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 15th. Finally, Truist Financial reduced their target price on O-I Glass from $13.00 to $10.00 and set a “buy” rating on the stock in a research report on Thursday. Four research analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $10.81.

Key Stories Impacting O-I Glass

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

• Positive Sentiment: UBS lowered its price target from $15 to $11 but retained a Buy rating, implying substantial potential upside from current levels. Benzinga article
• Positive Sentiment: Management highlighted strategic wins during the second-quarter earnings call, which could support longer-term growth if execution improves, despite near-term weakness in Europe. O-I Glass Q2 2026 earnings call highlights
• Neutral Sentiment: Truist also maintained a Buy rating while cutting its price target from $13 to $10, reflecting analysts’ continued confidence in the valuation but reduced near-term earnings expectations. Benzinga article
• Neutral Sentiment: Some coverage argues that O-I Glass now trades at a discounted valuation after a substantial decline, though the investment case depends on a recovery in operating performance. O-I Glass valuation analysis
• Negative Sentiment: O-I Glass recorded an $873 million goodwill impairment, producing a large second-quarter net loss and raising concerns about the value of prior acquisitions and the company’s outlook. O-I Glass goodwill impairment report
• Negative Sentiment: Adjusted earnings per share came in at $0.09 versus analysts’ $0.24 consensus, while revenue declined 2.2% year over year to $1.67 billion. Weak European demand was identified as a key driver of the miss. O-I Glass earnings miss report
• Negative Sentiment: The company cut full-year guidance for the second consecutive quarter, prompting an investor investigation notice and further undermining confidence in management’s forecasts. O-I Glass investigation notice

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.