O-I Glass Inc (OI)

In the past six months, O-I Glass's stock price was $12.29 as of October 22, 2025. The company's 12-month stock price has ranged from a low of $9.23 to a high of $16.04. O-I Glass reported its Q2 2025 earnings on March 1, 2025, with an EPS of $0.36 and revenue of $1.59 billion. Analyst ratings have seen adjustments, including Citigroup increasing its price objective from $14.00 to $16.00 with a "neutral" rating on July 3, 2025. The company's "Fit To Win" program is progressing well, with $145 million achieved towards a 2025 target of $250 million. In August 2025, CEO Gordon Hardie acquired 8,000 shares of O-I Glass stock at $13.10 per share, increasing his ownership.

Demand for O-I Glass products is influenced by the seasonality of customer demand and the broader economic environment. The company experienced a "global packaging recession" in 2023-2024 due to a significant drop in demand and shipments, which is now showing signs of improvement. In Q2 2023, the company's results were negatively impacted by customer destocking and normalizing consumer demand, particularly in the Americas segment. O-I's European business showed strong results in Q2 2023, with increased revenue despite decreased volume, attributed to constrained supply in the region leading to robust price growth.

O-I Glass, Inc. is a global leader in the design, production, and distribution of glass containers, with its headquarters in Perrysburg, Ohio. The company operates in the Paper and Packaging sector, specifically focusing on glass manufacturing for a variety of products including alcoholic beverages, food items, juices, and pharmaceuticals. O-I Glass emphasizes sustainable packaging solutions and invests in research and development for new glass technologies and production efficiency.

O-I Glass has a significant global presence with manufacturing and distribution facilities across Europe, Asia, and the Americas. The company serves a diverse customer base in over 20 countries and holds leading positions in key markets such as Europe, North America, and Brazil, with approximately 70% of its revenue generated from outside the United States.

O-I Glass positions itself as a leader in sustainable packaging solutions, emphasizing its commitment to environmental stewardship and innovation in glass technology. In March 2025, O-I Glass completed a biofuel trial for sustainable glassmaking processes at its Harlow, UK plant. In August 2025, the company partnered with X. Matt to bring a new ready-to-drink cocktail to market in Drinktainer packaging. However, the company's reputation has faced challenges, including a subsidiary entering bankruptcy due to asbestos lawsuits and penalties from the Federal Trade Commission for using illegal non-compete clauses.

O-I Glass, Inc. has a diverse ownership structure. Institutional investors hold a significant portion of the company's stock, with approximately 57.98% to 90.83% held by institutions. Major institutional owners include BlackRock, Inc., Vanguard Group Inc, Fmr Llc, Dimensional Fund Advisors Lp, Alliancebernstein L.P., and State Street Corp. Individual investors and public companies hold approximately 40.63% of the stock, while insiders own about 1.39%.