Czech National Bank raised its holdings in Corning Incorporated (NYSE:GLW – Free Report) by 3.9% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 205,726 shares of the electronics maker’s stock after purchasing an additional 7,744 shares during the period. Czech National Bank’s holdings in Corning were worth $18,013,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds also recently made changes to their positions in GLW. Lansforsakringar Fondforvaltning AB publ grew its position in Corning by 4.9% in the third quarter. Lansforsakringar Fondforvaltning AB publ now owns 261,749 shares of the electronics maker’s stock valued at $21,471,000 after acquiring an additional 12,297 shares during the period. Hartline Investment Corp lifted its holdings in shares of Corning by 113.2% during the third quarter. Hartline Investment Corp now owns 295,362 shares of the electronics maker’s stock valued at $24,229,000 after acquiring an additional 156,843 shares during the period. Natixis Advisors LLC boosted its stake in shares of Corning by 32.1% in the 3rd quarter. Natixis Advisors LLC now owns 479,921 shares of the electronics maker’s stock valued at $39,367,000 after purchasing an additional 116,583 shares in the last quarter. Schroder Investment Management Group boosted its stake in shares of Corning by 638.0% in the 2nd quarter. Schroder Investment Management Group now owns 546,407 shares of the electronics maker’s stock valued at $28,736,000 after purchasing an additional 472,365 shares in the last quarter. Finally, Caprock Group LLC bought a new stake in shares of Corning in the 3rd quarter worth about $3,355,000. Institutional investors and hedge funds own 69.80% of the company’s stock.
Insider Buying and Selling
In related news, COO Avery H. Nelson III sold 1,583 shares of the firm’s 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 transaction, the chief operating officer owned 59,788 shares in the company, valued at $7,697,107.12. This trade represents a 2.58% decrease in their ownership of the stock. The transaction 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 Corning stock in a transaction dated 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 completion of the sale, the executive vice president owned 3,461 shares of the company’s stock, valued at approximately $450,691.42. The trade was a 81.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 233,201 shares of company stock worth $32,614,558. 0.40% of the stock is currently owned by company insiders.
Key Stories Impacting Corning
- Positive Sentiment: Multiple analyst upgrades and bullish notes drove strong buying interest earlier this week, helping push the stock higher ahead of today’s pullback. Corning (NYSE:GLW) Shares Up 8.5% Following Analyst Upgrade
- Positive Sentiment: Bank of America issued a positive outlook that analysts say supports further upside, contributing to the recent momentum. Corning Stock Price Expected to Rise, Bank of America Analyst Says
- Positive Sentiment: Corning showcased AI‑driven optical communications products at OFC 2026 (multicore fiber, high‑density micro cables, expanded‑beam ferrules), which market coverage says has materially improved sentiment around its data‑center growth story. Assessing Corning (GLW) Valuation After OFC 2026 AI Data Center Connectivity Showcase
- Positive Sentiment: Analyst estimate revisions and technical momentum were highlighted by Zacks as supporting continued strength after recent volume‑backed moves. Strength Seen in Corning (GLW)
- Neutral Sentiment: Corning announced a partnership with Aircapture to advance commercial pathways for scalable direct air capture — a potential longer‑term diversification into clean‑tech markets, but with unclear near‑term revenue impact. Aircapture and Corning Partner to Advance Commercial Pathways to Scalable Direct Air Capture
- Negative Sentiment: Coverage also flags valuation concerns (the stock has rallied sharply), with some media/analysts calling Corning overvalued — a factor likely prompting profit‑taking and contributing to today’s decline. Corning (GLW) to Showcase New AI-Driven Optical Communication Breakthroughs At OFC 2026
Corning Trading Down 7.5%
Shares of NYSE GLW opened at $135.41 on Friday. Corning Incorporated has a 1-year low of $37.31 and a 1-year high of $162.10. The company has a 50-day moving average of $125.87 and a two-hundred day moving average of $99.18. The company has a market cap of $116.32 billion, a PE ratio of 73.59, a P/E/G ratio of 2.31 and a beta of 1.05. The company has a current ratio of 1.59, a quick ratio of 1.04 and a debt-to-equity ratio of 0.62.
Corning (NYSE:GLW – Get Free Report) last issued its quarterly earnings results on Wednesday, January 28th. The electronics maker reported $0.72 earnings per share for the quarter, beating 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 business had revenue of $4.41 billion during the quarter, compared to analyst estimates of $4.35 billion. During the same quarter last year, the business posted $0.57 earnings per share. Corning’s revenue for the quarter was up 13.9% compared to the same quarter last year. Corning has set its Q1 2026 guidance at 0.660-0.700 EPS. As a group, equities analysts expect that Corning Incorporated will post 2.33 earnings per share for the current fiscal year.
Corning Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Friday, February 27th will be paid a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Friday, February 27th. Corning’s dividend payout ratio (DPR) is 60.87%.
Analyst Upgrades and Downgrades
Several equities analysts recently issued reports on GLW shares. Weiss Ratings raised shares of Corning from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, February 17th. Mizuho set a $145.00 target price on shares of Corning in a research note on Monday, February 23rd. 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. Wall Street Zen upgraded Corning from a “hold” rating to a “buy” rating in a research report on Friday, January 23rd. Finally, UBS Group raised their price target on Corning from $125.00 to $160.00 and gave the company a “buy” rating in a report on Friday, February 20th. Eleven analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Corning presently has a consensus rating of “Moderate Buy” and a consensus price target of $132.67.
Check Out Our Latest Stock Report on GLW
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.
Further Reading
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