Capital Advisors Inc. OK Sells 234,847 Shares of Corning Incorporated $GLW

Capital Advisors Inc. OK lessened its stake in shares of Corning Incorporated (NYSE:GLW) by 31.1% during the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 519,972 shares of the electronics maker’s stock after selling 234,847 shares during the period. Capital Advisors Inc. OK owned approximately 0.06% of Corning worth $45,529,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC boosted its stake in Corning by 46.0% during the fourth quarter. Brighton Jones LLC now owns 6,705 shares of the electronics maker’s stock worth $319,000 after buying an additional 2,114 shares during the period. Retirement Planning Co of New England Inc. bought a new position in Corning during the first quarter valued at $729,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of Corning by 9.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 64,704 shares of the electronics maker’s stock valued at $2,962,000 after acquiring an additional 5,522 shares during the period. Sivia Capital Partners LLC bought a new stake in shares of Corning in the 2nd quarter worth about $401,000. Finally, Schnieders Capital Management LLC. bought a new stake in shares of Corning in the 2nd quarter worth about $266,000. 69.80% of the stock is currently owned by institutional investors.

Corning Trading Up 5.6%

GLW stock opened at $135.81 on Wednesday. Corning Incorporated has a 12 month low of $37.31 and a 12 month high of $162.10. The firm’s 50-day moving average is $128.28 and its 200 day moving average is $100.78. The company has a market capitalization of $116.67 billion, a PE ratio of 73.81, a P/E/G ratio of 2.03 and a beta of 1.05. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.59 and a quick ratio of 1.04.

Corning (NYSE:GLW) last released its quarterly earnings data on Wednesday, January 28th. The electronics maker reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.01. The company had revenue of $4.41 billion during the quarter, compared to analysts’ expectations of $4.35 billion. Corning had a net margin of 10.21% and a return on equity of 18.72%. The firm’s quarterly revenue was up 13.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.57 EPS. Corning has set its Q1 2026 guidance at 0.660-0.700 EPS. On average, research analysts anticipate that Corning Incorporated will post 2.33 EPS for the current year.

Corning Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, March 30th. Investors 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 dividend on an annualized basis and a dividend yield of 0.8%. Corning’s payout ratio is presently 60.87%.

Insider Buying and Selling

In other Corning news, EVP Lewis A. Steverson sold 15,366 shares of the company’s stock in a transaction on 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 directly owned 3,461 shares in the company, valued at approximately $450,691.42. This represents a 81.62% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Wendell P. Weeks sold 137,514 shares of the stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $155.37, for a total value of $21,365,550.18. Following the transaction, the chief executive officer directly owned 750,585 shares in the company, valued at $116,618,391.45. The trade was a 15.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 233,201 shares of company stock valued at $32,614,558 over the last 90 days. 0.25% of the stock is owned by insiders.

Trending Headlines about 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

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on GLW shares. HSBC reiterated a “buy” rating and set a $135.00 price target on shares of Corning in a report on Friday, February 13th. Susquehanna raised their price objective on shares of Corning from $100.00 to $125.00 and gave the stock a “positive” rating in a research note on Thursday, January 29th. Bank of America upped their target price on Corning from $144.00 to $155.00 and gave the company a “buy” rating in a research note on Monday, March 23rd. JPMorgan Chase & Co. increased their price target on Corning from $100.00 to $115.00 and gave the stock an “overweight” rating in a report on Wednesday, January 28th. Finally, Citigroup raised their price target on Corning from $120.00 to $170.00 and gave the stock a “buy” rating in a research note on Wednesday, February 25th. Eleven investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $132.08.

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.