Talos Eurisko Asset Management LP Has $30.41 Million Stock Holdings in Corning Incorporated $GLW

Talos Eurisko Asset Management LP trimmed its holdings in shares of Corning Incorporated (NYSE:GLW) by 29.6% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 370,749 shares of the electronics maker’s stock after selling 155,600 shares during the period. Corning comprises 5.9% of Talos Eurisko Asset Management LP’s holdings, making the stock its 6th largest position. Talos Eurisko Asset Management LP’s holdings in Corning were worth $30,413,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Strengthening Families & Communities LLC bought a new stake in shares of Corning during the 3rd quarter worth approximately $27,000. Total Investment Management Inc. acquired a new position in Corning during the second quarter worth $28,000. Cornerstone Planning Group LLC raised its position in Corning by 58.5% during the third quarter. Cornerstone Planning Group LLC now owns 336 shares of the electronics maker’s stock worth $30,000 after acquiring an additional 124 shares in the last quarter. Financial Management Professionals Inc. lifted its stake in Corning by 111.1% in the third quarter. Financial Management Professionals Inc. now owns 380 shares of the electronics maker’s stock valued at $31,000 after acquiring an additional 200 shares during the last quarter. Finally, Twin Peaks Wealth Advisors LLC bought a new position in shares of Corning in the 2nd quarter valued at about $36,000. Institutional investors own 69.80% of the company’s stock.

Analyst Ratings Changes

A number of brokerages have recently issued reports on GLW. Mizuho set a $145.00 target price on shares of Corning in a report on Monday, February 23rd. UBS Group boosted their price target on Corning from $125.00 to $160.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. Zacks Research cut Corning from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 21st. Oppenheimer set a $120.00 target price on Corning in a research note on Thursday, January 29th. Finally, Citigroup boosted their target price on Corning from $120.00 to $170.00 and gave the stock a “buy” rating in a report on Wednesday, February 25th. Eleven equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $125.42.

Corning Trading Down 1.9%

Shares of Corning stock opened at $144.82 on Thursday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.04 and a current ratio of 1.59. The firm has a 50-day moving average of $111.93 and a 200-day moving average of $92.11. Corning Incorporated has a 52-week low of $37.31 and a 52-week high of $162.10. The stock has a market cap of $124.25 billion, a PE ratio of 78.71, a PEG ratio of 2.55 and a beta of 1.05.

Corning (NYSE:GLW) last issued its quarterly earnings data 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 business had revenue of $4.41 billion during the quarter, compared to analysts’ expectations of $4.35 billion. During the same quarter in the previous year, the company earned $0.57 EPS. The business’s revenue was up 13.9% on a year-over-year basis. Corning has set its Q1 2026 guidance at 0.660-0.700 EPS. As a group, sell-side analysts forecast that Corning Incorporated will post 2.33 EPS for the current year.

Corning Dividend Announcement

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

Insider Activity

In other Corning news, CFO Edward A. Schlesinger sold 21,104 shares of Corning stock in a transaction on Thursday, January 29th. The stock was sold at an average price of $104.55, for a total value of $2,206,423.20. Following the completion of the transaction, the chief financial officer directly owned 54,780 shares of the company’s stock, valued at $5,727,249. The trade was a 27.81% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Lewis A. Steverson sold 15,366 shares of the stock in a transaction on Tuesday, February 10th. The stock was sold at an average price of $130.22, for a total value of $2,000,960.52. Following the sale, the executive vice president directly owned 3,461 shares in the company, valued at approximately $450,691.42. This trade represents a 81.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 233,201 shares of company stock worth $32,614,558. 0.40% of the stock is currently owned by insiders.

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.