O-I Glass (OI)

• Market cap: $1.74B
• 1 day: -4.00%
• 5 days: -3.50%
• 1 month: 5.22%
• 3 months: -12.14%
• 6 months: -7.53%
• Year to date: 5.02%
• 1 year: -33.71%
• 5 years: -17.77%
• 10 years: -56.26%
• Sector: Materials
• Industry: Glass Containers

About: O-I Glass is the world's largest manufacturer of glass bottles; 70% of its revenue comes from outside the United States. O-I has a leading position in key markets such as Europe, North America, and Brazil. Beer is the primary end market for O-I's glass bottles, which are also used for wine, soda, spirits, condiments, and food. O-I is looking to maintain or expand its dominant positions in Europe, North America, and South America.

Employees: 21,000

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

268% more call options, than puts

Call options by funds: $6.52M | Put options by funds: $1.77M

3.77% more ownership

Funds ownership: 93.6% [Q3] → 97.37% (+3.77%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 5 [Q3] → 5 (+0) [Q4]

6% less funds holding

Funds holding: 266 [Q3] → 249 (-17) [Q4]

12% less repeat investments, than reductions

Existing positions increased: 86 | Existing positions reduced: 98

14% less capital invested

Capital invested by funds: $1.91B [Q3] → $1.63B (-$276M) [Q4]

31% less first-time investments, than exits

New positions opened: 29 | Existing positions closed: 42

Research analyst outlook

3 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $11 3% downside
• Avg. target: $14 24% upside
• High target: $16 42% upside

3 analyst ratings

• positive: 2 67%
• neutral: 1 33%
• negative: 0 0%

Citigroup Anthony Pettinari 44% 1-year accuracy 22 / 50 met price target	3% downside $11	Neutral Maintained	6 Jan 2025
B of A Securities George Staphos 60% 1-year accuracy 12 / 20 met price target	33% upside $15	Buy Maintained	6 Jan 2025
Wells Fargo Gabe Hajde 52% 1-year accuracy 32 / 62 met price target	42% upside $16	Overweight Maintained	6 Jan 2025