Lee Johnson Capital Management LLC Buys New Position in Corning Incorporated $GLW

Lee Johnson Capital Management LLC purchased a new stake in Corning Incorporated (NYSE:GLW) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 55,036 shares of the electronics maker’s stock, valued at approximately $4,819,000. Corning comprises about 1.7% of Lee Johnson Capital Management LLC’s holdings, making the stock its 21st biggest holding.

Several other large investors have also bought and sold shares of the stock. Lansforsakringar Fondforvaltning AB publ increased its position in shares of Corning by 4.9% during the third quarter. Lansforsakringar Fondforvaltning AB publ now owns 261,749 shares of the electronics maker’s stock valued at $21,471,000 after acquiring an additional 12,297 shares during the last quarter. Hartline Investment Corp grew its stake in Corning by 113.2% in the 3rd quarter. Hartline Investment Corp now owns 295,362 shares of the electronics maker’s stock valued at $24,229,000 after purchasing an additional 156,843 shares during the period. Natixis Advisors LLC grew its stake in Corning by 32.1% in the 3rd quarter. Natixis Advisors LLC now owns 479,921 shares of the electronics maker’s stock valued at $39,367,000 after purchasing an additional 116,583 shares during the period. Schroder Investment Management Group increased its position in shares of Corning by 638.0% during the 2nd quarter. Schroder Investment Management Group now owns 546,407 shares of the electronics maker’s stock valued at $28,736,000 after purchasing an additional 472,365 shares during the last quarter. Finally, Caprock Group LLC bought a new stake in shares of Corning during the 3rd quarter worth $3,355,000. 69.80% of the stock is currently owned by institutional investors.

Key Headlines Impacting Corning

Here are the key news stories impacting Corning this week:

• Positive Sentiment: Bank of America upgraded GLW to a “buy” and raised its price target to $155, citing stronger optics demand tied to AI infrastructure, which supports tighter near‑term earnings and multiple expansion. Corning (GLW) Stock Surges 5%+ as BofA Upgrades Target Amid AI Optical Expansion
• Positive Sentiment: Analyst notes and market commentary flagged rising AI demand for Corning’s specialty glass and optical components, prompting a fresh bullish view on near‑term revenue and margin outlook. That analyst-driven optimism helped lift sentiment across the tape. Corning stock jumps 9% as AI demand, analyst boost lift outlook
• Positive Sentiment: Company announcements and analyst commentary highlighted new AI‑focused optical innovations, reinforcing Corning’s positioning in data‑center and optical interconnect markets — a key growth narrative investors are buying into. Why Are Corning (GLW) Shares Soaring Today
• Neutral Sentiment: Jim Cramer mentioned GLW as a name the show’s team owns but advised buying after any pullback rather than adding immediately — a cautious endorsement that may limit immediate retail buying but supports medium‑term interest. Jim Cramer on Corning Incorporated: “We’ll Pick Some Up After the Sell, Not Before”
• Neutral Sentiment: Several retail/independent bull writeups (summarized by financial sites) are circulating a thesis that GLW’s AI exposure could drive multi‑year upside; these posts increase retail interest but are speculative and depend on sustained AI capex. Is Corning Incorporated (GLW) A Good Stock To Buy Now?
• Negative Sentiment: Valuation remains a concern—GLW’s trailing/forward P/E ratios are elevated versus historical levels, which could cap near‑term upside if AI demand disappoints or macro conditions tighten. Investors should weigh growth expectations against the stretched multiple. Is Corning Incorporated (GLW) a good stock to buy now?

Analyst Ratings Changes

GLW has been the topic of a number of research analyst reports. Mizuho set a $145.00 price target on shares of Corning in a report on Monday, February 23rd. Wolfe Research set a $130.00 target price on shares of Corning and gave the company an “outperform” rating in a report on Tuesday, January 27th. UBS Group upped their price target on Corning from $125.00 to $160.00 and gave the company a “buy” rating in a research report on Friday, February 20th. Weiss Ratings raised Corning from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, February 17th. Finally, Morgan Stanley upped their target price on shares of Corning from $103.00 to $127.00 and gave the stock an “equal weight” rating in a research report on Monday, February 23rd. Eleven equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $132.67.

Insider Activity at Corning

In related news, EVP Lewis A. Steverson sold 15,366 shares of the company’s stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $130.22, for a total transaction of $2,000,960.52. Following the transaction, the executive vice president directly owned 3,461 shares in the company, valued at approximately $450,691.42. This represents a 81.62% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Eric S. Musser sold 25,000 shares of Corning stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $110.00, for a total value of $2,750,000.00. Following the sale, the insider owned 19,926 shares of the company’s stock, valued at approximately $2,191,860. This trade represents a 55.65% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 233,201 shares of company stock valued at $32,614,558 over the last three months. Corporate insiders own 0.32% of the company’s stock.

Corning Trading Up 8.5%

Shares of Corning stock opened at $142.13 on Wednesday. The company’s fifty day simple moving average is $123.91 and its 200-day simple moving average is $98.59. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.59 and a quick ratio of 1.04. Corning Incorporated has a 1-year low of $37.31 and a 1-year high of $162.10. The stock has a market capitalization of $122.09 billion, a PE ratio of 77.24, a P/E/G ratio of 2.07 and a beta of 1.05.

Corning (NYSE:GLW) last issued its earnings results on Wednesday, January 28th. The electronics maker reported $0.72 earnings per share for the quarter, topping the consensus estimate of $0.71 by $0.01. Corning had a net margin of 10.21% and a return on equity of 18.72%. The company had revenue of $4.41 billion during the quarter, compared to the consensus estimate of $4.35 billion. During the same quarter in the prior year, the firm posted $0.57 EPS. Corning’s quarterly revenue was up 13.9% compared to the same quarter last year. Corning has set its Q1 2026 guidance at 0.660-0.700 EPS. As a group, equities analysts anticipate that Corning Incorporated will post 2.33 earnings per share for the current year.

Corning Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Friday, February 27th will be issued a $0.28 dividend. The ex-dividend date is Friday, February 27th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 0.8%. Corning’s payout ratio is 60.87%.

Corning Company Profile

Corning Incorporated is a global manufacturer specializing in specialty glass, ceramics and related materials and technologies. Headquartered in Corning, New York, the company supplies engineered materials and components used across multiple industries, including consumer electronics, telecommunications, automotive emissions control, pharmaceutical and life sciences, and industrial and scientific applications. Corning emphasizes materials science and precision manufacturing to develop durable, high-performance glass and ceramic products.

Key product lines include specialty display glass used by television and mobile-device manufacturers, cover glass marketed under well-known trade names for smartphones and tablets, and optical fiber and cable and related hardware for telecommunications networks.