Mufg Securities Americas Inc. Increases Holdings in Corning Incorporated $GLW

Mufg Securities Americas Inc. boosted its stake in Corning Incorporated (NYSE:GLW) by 23.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 21,021 shares of the electronics maker’s stock after purchasing an additional 3,937 shares during the period. Mufg Securities Americas Inc.’s holdings in Corning were worth $1,724,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Lansforsakringar Fondforvaltning AB publ raised its stake in shares of Corning by 4.9% during the third quarter. Lansforsakringar Fondforvaltning AB publ now owns 261,749 shares of the electronics maker’s stock valued at $21,471,000 after purchasing an additional 12,297 shares during the period. Hartline Investment Corp grew its holdings in 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 in the last quarter. Vanguard Group Inc. increased its stake 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 buying an additional 1,582,895 shares during the period. Schroder Investment Management Group increased its stake in Corning by 638.0% during the 2nd quarter. Schroder Investment Management Group now owns 546,407 shares of the electronics maker’s stock worth $28,736,000 after buying an additional 472,365 shares during the period. Finally, Motley Fool Asset Management LLC lifted its holdings in Corning by 10.5% in the 2nd quarter. Motley Fool Asset Management LLC now owns 44,037 shares of the electronics maker’s stock worth $2,316,000 after buying an additional 4,183 shares in the last quarter. Institutional investors and hedge funds own 69.80% of the company’s stock.

Corning Price Performance

Shares of NYSE GLW opened at $151.39 on Wednesday. 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 $129.89 billion, a price-to-earnings ratio of 82.28, a price-to-earnings-growth ratio of 2.52 and a beta of 1.13. Corning Incorporated has a twelve month low of $37.31 and a twelve month high of $152.91. The business has a 50 day simple moving average of $104.26 and a 200-day simple moving average of $88.65.

Corning (NYSE:GLW) last announced its quarterly earnings data 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. The firm had revenue of $4.41 billion for the quarter, compared to analysts’ expectations of $4.35 billion. Corning had a return on equity of 18.72% and a net margin of 10.21%.The firm’s revenue for the quarter was up 13.9% on a year-over-year basis. During the same period last year, the business posted $0.57 earnings per share. 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 declared a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Friday, February 27th will be issued a $0.28 dividend. The ex-dividend date of this dividend is Friday, February 27th. This represents a $1.12 annualized dividend and a dividend yield of 0.7%. Corning’s payout ratio is 60.87%.

Analyst Ratings Changes

A number of analysts have recently issued reports on GLW shares. HSBC reaffirmed a “buy” rating and set a $135.00 target price on shares of Corning in a research report on Friday, February 13th. Morgan Stanley lifted their price objective on Corning from $103.00 to $127.00 and gave the stock an “equal weight” rating in a report on Monday. Citigroup increased their target price on Corning from $102.00 to $120.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Oppenheimer set a $120.00 price target on shares of Corning in a research report on Thursday, January 29th. Finally, Mizuho set a $145.00 price target on shares of Corning in a report on Monday. Eleven investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $121.25.

Insider Buying and Selling at Corning

In other news, SVP Li Fang sold 9,797 shares of the company’s stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $113.51, for a total transaction of $1,112,057.47. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Avery H. Nelson III sold 1,583 shares of the stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $128.74, for a total value of $203,795.42. Following the sale, the chief operating officer owned 59,788 shares in the company, valued at $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. Over the last quarter, insiders have sold 95,687 shares of company stock worth $11,249,008. 0.32% of the stock is owned by company insiders.

Trending Headlines about Corning

Here are the key news stories impacting Corning this week:

• Positive Sentiment: Major commercial win: Corning announced a multi‑year supply agreement with Meta potentially worth up to $6 billion, validating its role as a critical supplier for AI data‑center fiber demand. From Glass Maker to AI Kingmaker: Corning’s Pivot
• Positive Sentiment: Operational leverage & growth roadmap: Optical Communications posted record growth (segment sales and net income up y/y) and management raised Springboard targets — now aiming for $11B incremental annualized sales by 2028 (up from $8B) and $6.5B by end‑2026 — improving margin and cash‑flow outlook. From Glass Maker to AI Kingmaker: Corning’s Pivot
• Positive Sentiment: Unusually large bullish options activity: Traders bought ~50,325 call options (about +99% vs. typical volume), signaling speculative or institutional conviction in further upside. Stock Traders Purchase High Volume of Call Options on Corning (NYSE:GLW)
• Positive Sentiment: Analyst support: At least one firm boosted GLW’s price target to $160, reflecting raised expectations for revenue and margin expansion tied to AI‑related demand. Corning (NYSE:GLW) Price Target Raised to $160.00
• Positive Sentiment: Sector momentum: Reports attribute gains to hyperscaler / data‑center spending optimism, reinforcing the view that densification will boost fiber demand for years. Corning stock gains on hyperscaler spending optimism
• Neutral Sentiment: Strong price momentum: GLW has posted large short‑term returns (recent 30‑day and YTD gains), attracting attention from momentum investors — this helps liquidity but raises volatility risk. Corning (GLW) Valuation Check After Strong Multi‑Period Share Price Momentum
• Negative Sentiment: Rich valuation: The stock now trades at a materially higher P/E multiple than historical averages (market pricing assumes flawless execution of Springboard and sustained hyperscaler demand), so any execution misstep or slowdown could prompt a sharp re‑rating. From Glass Maker to AI Kingmaker: Corning’s Pivot

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.