Capital Advisors Inc. OK Cuts Stock Holdings in Corning Incorporated $GLW

Capital Advisors Inc. OK lowered its holdings in Corning Incorporated (NYSE:GLW) by 31.1% in the 4th quarter, HoldingsChannel reports. The firm owned 519,972 shares of the electronics maker’s stock after selling 234,847 shares during the quarter. Capital Advisors Inc. OK’s holdings in Corning were worth $45,529,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of GLW. Capital Research Global Investors purchased a new position in shares of Corning in the 3rd quarter valued at $907,164,000. WCM Investment Management LLC purchased a new stake in shares of Corning during the 3rd quarter worth $676,931,000. Wellington Management Group LLP lifted its stake in shares of Corning by 30.3% during the 3rd quarter. Wellington Management Group LLP now owns 16,557,489 shares of the electronics maker’s stock worth $1,358,211,000 after purchasing an additional 3,848,540 shares during the last quarter. Voya Investment Management LLC boosted its position in Corning by 748.0% during the third quarter. Voya Investment Management LLC now owns 3,169,741 shares of the electronics maker’s stock valued at $260,014,000 after purchasing an additional 2,795,948 shares in the last quarter. Finally, Polar Capital Holdings Plc boosted its position in Corning by 141.2% during the third quarter. Polar Capital Holdings Plc now owns 4,011,153 shares of the electronics maker’s stock valued at $329,035,000 after purchasing an additional 2,348,125 shares in the last quarter. Hedge funds and other institutional investors own 69.80% of the company’s stock.

Insider Buying and Selling

In other news, VP John Z. Zhang sold 1,531 shares of Corning stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $133.75, for a total value of $204,771.25. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, COO Avery H. Nelson III sold 1,583 shares of Corning stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $128.74, for a total value of $203,795.42. Following the completion of the sale, the chief operating officer owned 59,788 shares in the company, valued at approximately $7,697,107.12. The trade was a 2.58% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 233,201 shares of company stock worth $32,614,558 in the last 90 days. 0.25% of the stock is owned by insiders.

Corning Stock Performance

Shares of GLW stock opened at $135.81 on Wednesday. The business has a fifty day moving average of $128.28 and a 200 day moving average of $100.78. Corning Incorporated has a 1 year low of $37.31 and a 1 year high of $162.10. 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 firm has a market capitalization of $116.67 billion, a price-to-earnings ratio of 73.81, a price-to-earnings-growth ratio of 2.03 and a beta of 1.05.

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

Corning Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of brokerages have commented on GLW. Fox Advisors downgraded shares of Corning from an “overweight” rating to an “equal weight” rating in a report on Thursday, January 29th. Wall Street Zen upgraded shares of Corning from a “hold” rating to a “buy” rating in a report on Friday, January 23rd. UBS Group lifted their price objective on shares of Corning from $125.00 to $160.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. Mizuho set a $145.00 price objective on shares of Corning in a research note on Monday, February 23rd. Finally, HSBC reissued a “buy” rating and set a $135.00 target price on shares of Corning in a research report on Friday, February 13th. Eleven research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $132.08.

Corning News Summary

Here are the key news stories impacting Corning this week:

• Positive Sentiment: Jim Cramer singled out Corning as “the best one” for the AI and data-center buildout, a high-profile endorsement that can attract retail and momentum buying. Jim Cramer Chooses Corning Incorporated As “The Best One” for AI and Data Center Buildout
• Positive Sentiment: Corning and Meta held a groundbreaking for a significant optical cable manufacturing expansion in Hickory, NC — part of a multiyear, up-to-$6B tie-up to supply AI data-center infrastructure. This is a direct demand catalyst and supports upside to revenue and margins over time. Corning and Meta Celebrate Start of Construction on Cable Manufacturing Expansion in North Carolina to Support AI Buildout
• Positive Sentiment: Zacks highlighted GLW among high-ROE, defensive names to consider amid geopolitical risk, reinforcing an investment narrative around cash efficiency and resiliency. 5 Stocks With High ROE to Buy as Iran War Crisis Refuses to Abate
• Neutral Sentiment: Zacks also ran a sector-performance piece comparing GLW to computer/technology peers; useful context for relative strength but not a direct catalyst. Is Corning (GLW) Stock Outpacing Its Computer and Technology Peers This Year?
• Neutral Sentiment: Coverage in broader market roundups (e.g., 247WallSt) noting momentum despite recent index weakness may support sentiment but is not company-specific news. What Correction? 4 Nasdaq Stocks on a Roll That Still Have More Upside
• Negative Sentiment: Truist initiated coverage with a “hold” rating and a $125 price target, implying downside from current levels and potentially capping near-term upside from institutional flows. Benzinga Coverage: Truist Initiates on Corning

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.