Krilogy Financial LLC Purchases New Position in Corning Incorporated $GLW

Krilogy Financial LLC acquired a new position in shares of Corning Incorporated (NYSE:GLW) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 8,896 shares of the electronics maker’s stock, valued at approximately $775,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in Corning by 1.6% during the 2nd quarter. Vanguard Group Inc. now owns 97,952,109 shares of the electronics maker’s stock worth $5,151,301,000 after acquiring an additional 1,582,895 shares in the last quarter. State Street Corp raised its stake in shares of Corning by 1.4% during the second quarter. State Street Corp now owns 36,568,973 shares of the electronics maker’s stock valued at $1,923,162,000 after purchasing an additional 509,013 shares during the period. Geode Capital Management LLC raised its stake in shares of Corning by 0.6% during the second quarter. Geode Capital Management LLC now owns 19,443,525 shares of the electronics maker’s stock valued at $1,018,629,000 after purchasing an additional 112,739 shares during the period. Ameriprise Financial Inc. lifted its position in shares of Corning by 8.1% during the second quarter. Ameriprise Financial Inc. now owns 13,763,148 shares of the electronics maker’s stock worth $724,432,000 after purchasing an additional 1,036,988 shares in the last quarter. Finally, Norges Bank purchased a new position in shares of Corning in the second quarter valued at $534,936,000. Hedge funds and other institutional investors own 69.80% of the company’s stock.

Corning Price Performance

Shares of NYSE GLW opened at $133.52 on Friday. 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 company has a market capitalization of $114.47 billion, a price-to-earnings ratio of 72.56, a price-to-earnings-growth ratio of 2.28 and a beta of 1.13. Corning Incorporated has a twelve month low of $37.31 and a twelve month high of $136.82. The business has a 50 day simple moving average of $97.68 and a 200-day simple moving average of $84.71.

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

Corning Announces Dividend

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

Insider Transactions at Corning

In other Corning news, COO Avery H. Nelson III sold 6,262 shares of Corning stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $129.79, for a total value of $812,744.98. Following the completion of the transaction, the chief operating officer directly owned 61,371 shares in the company, valued at $7,965,342.09. The trade was a 9.26% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Li Fang sold 9,797 shares of the stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $113.51, for a total value of $1,112,057.47. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 95,687 shares of company stock valued at $11,249,008 over the last ninety days. Insiders own 0.40% of the company’s stock.

Corning News Roundup

Here are the key news stories impacting Corning this week:

• Positive Sentiment: Optical Communications strength: Corning generated roughly $6.3B in revenue from Optical Communications in 2025, up ~35% year‑over‑year — a core driver of revenue and margin upside. GLW Rides on Solid Traction in Optical Communication
• Positive Sentiment: Major commercial win with Meta: Disclosure of a multi‑billion dollar (reported ~ $6B) Meta AI fiber contract and stronger 2025 results are the headline catalysts lifting demand expectations for Corning’s fiber business. Corning Is Up After Strong 2025 Results And $6 Billion Meta AI Fiber Deal
• Positive Sentiment: AI infrastructure momentum and analyst support: Market commentators and fund flows into AI‑infrastructure names have amplified GLW’s rally; several analysts have raised targets or reiterated buy/outperform views. AI Deals Drives Corning (GLW) Shares Up 50% In 2026
• Positive Sentiment: Dividend affirmed: Corning declared a quarterly dividend of $0.28 (payable Mar 30; record Feb 27), which supports cash-return expectations as AI/telecom revenues ramp. Corning Announces Quarterly Dividend
• Neutral Sentiment: Valuation and consensus: Analyst coverage is constructive (consensus = Moderate Buy), but GLW’s PE and forward multiples now price significant growth — important when sizing positions. GLW Profile & Analyst Coverage
• Negative Sentiment: Insider selling flagged: Multiple Form 4 filings show sizable sales by senior executives (COO Avery Nelson III, EVP Lewis Steverson, VP John Zhang). Those transactions have triggered short‑term selling headlines. Nelson Form 4 Steverson Form 4 Zhang Form 4
• Negative Sentiment: Short‑term profit‑taking: Financial press pointed to insider sales as a reason for intraday weakness following the rally, even as fundamentals remain strong. Corning Trading Down After Insider Selling

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. HSBC reaffirmed a “buy” rating and set a $135.00 price target on shares of Corning in a research note on Friday. Argus lifted their target price on Corning from $68.00 to $110.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Wall Street Zen raised Corning from a “hold” rating to a “buy” rating in a report on Friday, January 23rd. Citigroup lifted their price objective on Corning from $102.00 to $120.00 and gave the stock a “buy” rating in a report on Thursday, January 29th. Finally, Fox Advisors lowered Corning from an “overweight” rating to an “equal weight” rating in a research report on Thursday, January 29th. Ten analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Corning has an average rating of “Moderate Buy” and a consensus target price of $114.25.

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.