Partners in Financial Planning purchased a new position in shares of Corning Incorporated (NYSE:GLW – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 3,631 shares of the electronics maker’s stock, valued at approximately $298,000.
Other large investors have also recently added to or reduced their stakes in the company. Strengthening Families & Communities LLC acquired a new position in Corning during the third quarter worth about $27,000. Total Investment Management Inc. purchased a new position in shares of Corning during the 2nd quarter worth approximately $28,000. Cornerstone Planning Group LLC raised its position in shares of Corning by 58.5% during the 3rd quarter. Cornerstone Planning Group LLC now owns 336 shares of the electronics maker’s stock worth $30,000 after purchasing an additional 124 shares during the last quarter. Financial Management Professionals Inc. lifted its stake in Corning by 111.1% in the 3rd quarter. Financial Management Professionals Inc. now owns 380 shares of the electronics maker’s stock valued at $31,000 after buying an additional 200 shares in the last quarter. Finally, Twin Peaks Wealth Advisors LLC acquired a new stake in Corning during the 2nd quarter valued at $36,000. 69.80% of the stock is owned by institutional investors and hedge funds.
Insider Activity at Corning
In other Corning news, VP John Z. Zhang sold 1,531 shares of the business’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $133.75, for a total transaction of $204,771.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Li Fang sold 9,797 shares of the firm’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $113.51, for a total value of $1,112,057.47. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 95,687 shares of company stock worth $11,249,008. 0.40% of the stock is owned by corporate insiders.
Key Headlines Impacting Corning
- Positive Sentiment: UBS raised its price target on GLW to $160 and maintained a “buy” rating, giving analysts’ backing to further upside and legitimizing recent gains. UBS raises price target to $160
- Positive Sentiment: Multiple outlets highlight Corning as a beneficiary of the AI infrastructure buildout — demand for fiber, optical interconnects and glass substrate technology is being re-priced into expectations for growth. Corning’s Surprise AI Boom
- Positive Sentiment: Zacks published a piece framing GLW as a strong growth stock based on style scores and momentum, feeding retail and algorithmic interest. Zacks: Here’s Why Corning (GLW) is a Strong Growth Stock
- Neutral Sentiment: Coverage and comparative pieces (e.g., Corning vs. Universal Display) are driving analyst debate about display vs. optical winners — helpful for narrative but not immediate catalysts. Corning vs. Universal Display
- Neutral Sentiment: Benzinga and other outlets note elevated options activity in GLW, which can amplify intraday moves but doesn’t change fundamentals. Options trading trends in Corning
- Negative Sentiment: Insiders sold roughly US$54M of Corning stock, a signal some investors interpret as caution and a reminder to watch insider activity and timing around big rallies. Corning Insiders Sell US$54m Of Stock
Corning Stock Up 7.3%
GLW opened at $139.53 on Friday. Corning Incorporated has a 12 month low of $37.31 and a 12 month high of $140.27. The business has a 50-day moving average of $101.83 and a two-hundred day moving average of $87.32. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.59 and a quick ratio of 1.04. The stock has a market capitalization of $119.71 billion, a price-to-earnings ratio of 75.83, a price-to-earnings-growth ratio of 2.42 and a beta of 1.13.
Corning (NYSE:GLW – Get Free Report) last released its earnings results on Wednesday, January 28th. The electronics maker reported $0.72 earnings per share (EPS) 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 business had revenue of $4.41 billion for the quarter, compared to analysts’ expectations of $4.35 billion. During the same period last year, the company earned $0.57 earnings per share. The company’s quarterly revenue was up 13.9% on a year-over-year basis. Corning has set its Q1 2026 guidance at 0.660-0.700 EPS. On average, research analysts expect that Corning Incorporated will post 2.33 earnings per share for the current year.
Corning Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Friday, February 27th will be paid a dividend of $0.28 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a $1.12 annualized dividend and a dividend yield of 0.8%. Corning’s payout ratio is currently 60.87%.
Analysts Set New Price Targets
A number of equities analysts have recently weighed in on GLW shares. Zacks Research cut Corning from a “strong-buy” rating to a “hold” rating in a report on Friday, November 21st. Weiss Ratings raised shares of Corning from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday. 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. Citigroup lifted their price target on shares of Corning from $102.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Finally, UBS Group boosted their price objective on shares of Corning from $125.00 to $160.00 and gave the company a “buy” rating in a research report on Friday. Eleven research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $117.17.
Read Our Latest Research Report on Corning
Corning 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.
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