Three Seasons Wealth LLC Takes $1.75 Million Position in Corning Incorporated $GLW

Three Seasons Wealth LLC acquired a new position in Corning Incorporated (NYSE:GLW) in the fourth quarter, HoldingsChannel.com reports. The institutional investor acquired 19,988 shares of the electronics maker’s stock, valued at approximately $1,750,000.

Several other institutional investors have also recently made changes to their positions in the business. Lansforsakringar Fondforvaltning AB publ boosted its holdings in shares of Corning by 4.9% in the 3rd quarter. Lansforsakringar Fondforvaltning AB publ now owns 261,749 shares of the electronics maker’s stock worth $21,471,000 after purchasing an additional 12,297 shares during the period. Hartline Investment Corp increased its position in shares of Corning by 113.2% during 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 last quarter. Natixis Advisors LLC raised its holdings in Corning by 32.1% during the 3rd quarter. Natixis Advisors LLC now owns 479,921 shares of the electronics maker’s stock valued at $39,367,000 after buying an additional 116,583 shares during the period. Schroder Investment Management Group raised its holdings in 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 buying an additional 472,365 shares during the period. Finally, Caprock Group LLC bought a new stake in Corning in the third quarter worth $3,355,000. Hedge funds and other institutional investors own 69.80% of the company’s stock.

Key Headlines Impacting Corning

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

Insiders Place Their Bets

In other news, EVP Lewis A. Steverson sold 15,366 shares of the company’s stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $130.22, for a total value of $2,000,960.52. Following the completion of the sale, the executive vice president owned 3,461 shares of the company’s stock, 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 Securities & Exchange Commission, which is accessible through this link. Also, CEO Wendell P. Weeks sold 137,514 shares of Corning stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $155.37, for a total transaction of $21,365,550.18. Following the transaction, the chief executive officer directly owned 750,585 shares in the company, valued at approximately $116,618,391.45. The trade was a 15.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 233,201 shares of company stock worth $32,614,558. 0.25% of the stock is owned by corporate insiders.

Corning Price Performance

Shares of GLW stock opened at $135.81 on Wednesday. Corning Incorporated has a twelve month low of $37.31 and a twelve month high of $162.10. The company has a current ratio of 1.59, a quick ratio of 1.04 and a debt-to-equity ratio of 0.62. The stock has a fifty day simple moving average of $128.28 and a two-hundred day simple moving average of $100.78. The stock has a market capitalization of $116.67 billion, a price-to-earnings ratio of 73.81, a P/E/G ratio of 2.03 and a beta of 1.05.

Corning (NYSE:GLW) last released its quarterly earnings data on Wednesday, January 28th. The electronics maker reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.01. Corning had a return on equity of 18.72% and a net margin of 10.21%.The firm had revenue of $4.41 billion during the quarter, compared to the consensus estimate of $4.35 billion. During the same period in the previous year, the company posted $0.57 earnings per share. The firm’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, analysts predict that Corning Incorporated will post 2.33 EPS for the current fiscal year.

Corning Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, March 30th. Stockholders of record on Friday, February 27th were issued a $0.28 dividend. The ex-dividend date was 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 research firms have weighed in on GLW. Susquehanna boosted their price objective on shares of Corning from $100.00 to $125.00 and gave the company a “positive” rating in a research report on Thursday, January 29th. Mizuho set a $145.00 target price on shares of Corning in a report on Monday, February 23rd. Citigroup lifted their price target on shares of Corning from $120.00 to $170.00 and gave the stock a “buy” rating in a research note on Wednesday, February 25th. Barclays set a $100.00 price target on shares of Corning in a report on Thursday, January 29th. Finally, UBS Group increased 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. Eleven analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $132.08.

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.