O-I Glass (OI) News Today

Seven Eight Capital LP acquired a new stake in O-I Glass, Inc. (NYSE:OI - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 117,877 shares of the industrial products company's stock, valued at

O-I Glass, Inc. (NYSE:OI - Get Free Report) saw unusually large options trading on Wednesday. Traders acquired 2,354 call options on the company. This is an increase of approximately 3,039% compared to the typical volume of 75 call options.

Shares of O-I Glass, Inc. (NYSE:OI - Get Free Report) have been given a consensus recommendation of "Moderate Buy" by the eight brokerages that are currently covering the firm, Marketbeat.com reports. Three research analysts have rated the stock with a hold recommendation and five have given a buy

O-I Glass, Inc. (NYSE:OI - Get Free Report) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totalling 4,610,000 shares, a drop of 19.3% from the August 15th total of 5,710,000 shares. Approximately 3.0% of the company's shares are sold short. Based on an average daily volume of 1,840,000 shares, the short-interest ratio is presently 2.5 days.

Levin Capital Strategies L.P. grew its position in O-I Glass, Inc. (NYSE:OI - Free Report) by 25.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,511,413 shares of the industrial products company's stock

Private Management Group Inc. boosted its holdings in shares of O-I Glass, Inc. (NYSE:OI - Free Report) by 21.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,505,279 shares of the industrial products company's stock after a

Bank of New York Mellon Corp lessened its stake in shares of O-I Glass, Inc. (NYSE:OI - Free Report) by 3.3% in the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 1,551,433 shares of the industrial products company's stock after selling 52,350 shares durin

O-I Glass, Inc. (NYSE:OI - Get Free Report) was the target of unusually large options trading on Wednesday. Traders bought 2,354 call options on the stock. This represents an increase of approximately 3,039% compared to the typical daily volume of 75 call options.

O-I Glass (NYSE:OI) Shares Up 5.4%

Markel Group Inc. lifted its holdings in shares of O-I Glass, Inc. (NYSE:OI - Free Report) by 25.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 674,100 shares of the industrial produc

Panagora Asset Management Inc. raised its position in O-I Glass, Inc. (NYSE:OI - Free Report) by 33.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 725,149 shares of the industrial product

Lee Danner & Bass Inc. acquired a new position in shares of O-I Glass, Inc. (NYSE:OI - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 126,145 shares of the industrial products company's

O-I Glass, Inc. (NYSE:OI - Get Free Report) has been given an average recommendation of "Moderate Buy" by the nine ratings firms that are presently covering the company, MarketBeat reports. Four research analysts have rated the stock with a hold rating and five have issued a buy rating on the com

O-I Glass, Inc. (NYSE:OI - Get Free Report) was the target of unusually large options trading activity on Wednesday. Stock traders acquired 2,354 call options on the stock. This represents an increase of 3,039% compared to the typical daily volume of 75 call options.

Assenagon Asset Management S.A. cut its position in shares of O-I Glass, Inc. (NYSE:OI - Free Report) by 40.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,570,331 shares of the industrial produ

O-I Glass, Inc. (NYSE:OI - Free Report) - Analysts at Zacks Research lowered their Q3 2024 earnings per share estimates for shares of O-I Glass in a research report issued to clients and investors on Monday, August 12th. Zacks Research analyst M. Das now forecasts that the industrial products com

O-I Glass, Inc. (NYSE:OI - Get Free Report) Director John Humphrey purchased 15,000 shares of the company's stock in a transaction that occurred on Tuesday, August 6th. The shares were purchased at an average cost of $11.30 per share, for a total transaction of $169,500.00. Following the purchase, the director now directly owns 84,227 shares in the company, valued at $951,765.10. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

O-I Glass, Inc. (NYSE:OI - Get Free Report) saw some unusual options trading on Wednesday. Stock investors bought 2,354 call options on the stock. This is an increase of 3,039% compared to the average volume of 75 call options.

Royal Bank of Canada cut their price target on shares of O-I Glass from $20.00 to $18.00 and set an "outperform" rating on the stock in a report on Monday.

Barclays cut their target price on shares of O-I Glass from $15.00 to $14.00 and set an "equal weight" rating on the stock in a report on Thursday.

O-I Glass (NYSE:OI) Stock Price Down 7.1% on Analyst Downgrade

Truist Financial restated a "buy" rating and set a $16.00 target price (down from $17.00) on shares of O-I Glass in a research note on Thursday.

O-I Glass (NYSE:OI) Trading 8.9% Higher on Better-Than-Expected Earnings

O-I Glass (NYSE:OI) updated its FY 2024 earnings guidance. The company provided EPS guidance of 1.000-1.250 for the period, compared to the consensus estimate of 1.690.

O-I Glass (NYSE:OI) updated its FY24 earnings guidance. The company provided EPS guidance of $1.00-1.25 for the period, compared to the consensus estimate of $1.66.