Dayah Capital LLC Makes New $4.36 Million Investment in O-I Glass, Inc. $OI

Dayah Capital LLC acquired a new stake in shares of O-I Glass, Inc. (NYSE:OI) in the 1st quarter, HoldingsChannel.com reports. The firm 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 holdings, making the stock its 15th biggest position.

Several other large investors have also made changes to their positions in the business. Farther Finance Advisors LLC increased its stake in shares of O-I Glass by 87.6% in the fourth quarter. Farther Finance Advisors LLC now owns 1,778 shares of the industrial products company’s stock worth $26,000 after acquiring an additional 830 shares during the period. Headlands Technologies LLC acquired a new position in shares of O-I Glass during the 2nd quarter worth about $29,000. Quarry LP acquired a new position in shares of O-I Glass during the 4th quarter worth about $32,000. Caitong International Asset Management Co. Ltd raised its position in shares of O-I Glass by 36,533.3% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 2,198 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 2,192 shares during the last quarter. Finally, Smartleaf Asset Management LLC lifted its stake in 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 valued at $35,000 after buying an additional 918 shares in the last quarter. 97.24% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, 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 purchased at an average price of $9.04 per share, with a total value of $25,076.96. Following the completion of the acquisition, 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 purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Randolph L. Burns purchased 11,000 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The stock was bought at an average cost of $9.32 per share, with a total value of $102,520.00. Following the acquisition, the senior vice president owned 133,932 shares of the company’s stock, valued at approximately $1,248,246.24. The trade was a 8.95% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders purchased 17,083 shares of company stock worth $157,312 over the last ninety days. Corporate insiders own 1.00% of the company’s stock.

O-I Glass Stock Performance

OI opened at $7.37 on Friday. The firm has a market capitalization of $1.13 billion, a PE ratio of -0.98, a PEG ratio of 0.93 and a beta of 0.62. O-I Glass, Inc. has a twelve month low of $7.19 and a twelve month high of $16.91. The firm’s 50-day moving average price is $9.01 and its 200 day moving average price is $11.08. 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 (NYSE:OI) last released its quarterly earnings data on Tuesday, July 28th. The industrial products company reported $0.09 EPS for the quarter, missing analysts’ consensus estimates of $0.24 by ($0.15). O-I Glass had a negative net margin of 18.13% and a positive return on equity of 10.40%. The business had revenue of $1.67 billion during the quarter, compared to analyst estimates of $1.68 billion. During the same quarter in the previous year, the company posted $0.53 EPS. The firm’s revenue was down 2.2% on a year-over-year basis. As a group, sell-side analysts expect that O-I Glass, Inc. will post 1.14 EPS for the current fiscal year.

Key O-I Glass News

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

Analyst Ratings Changes

Several research firms recently issued reports on OI. UBS Group cut their price objective on O-I Glass from $15.00 to $11.00 and set a “buy” rating for the company in a research note on Thursday. Royal Bank Of Canada decreased their target price on O-I Glass from $14.00 to $11.00 and set an “outperform” rating on the stock in a research report on Thursday, July 9th. Weiss Ratings raised O-I Glass from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, July 15th. Bank of America reiterated an “underperform” rating and set a $11.00 price target on shares of O-I Glass in a research report on Tuesday, July 14th. Finally, Wells Fargo & Company reduced their price objective on O-I Glass from $13.00 to $12.00 and set an “overweight” rating for the company in a research note on Wednesday, July 15th. Four investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $10.81.

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.