Robeco Institutional Asset Management B.V. Has $112.50 Million Holdings in Corning Incorporated $GLW

Robeco Institutional Asset Management B.V. trimmed its position in shares of Corning Incorporated (NYSE:GLW) by 23.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,371,383 shares of the electronics maker’s stock after selling 430,028 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.16% of Corning worth $112,495,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Vista Investment Partners LLC raised its holdings in Corning by 1.3% during the third quarter. Vista Investment Partners LLC now owns 9,496 shares of the electronics maker’s stock worth $779,000 after buying an additional 119 shares during the last quarter. Sapient Capital LLC grew its holdings in shares of Corning by 2.2% during the third quarter. Sapient Capital LLC now owns 5,626 shares of the electronics maker’s stock valued at $452,000 after buying an additional 120 shares during the last quarter. Sivia Capital Partners LLC increased its position in shares of Corning by 1.6% during the third quarter. Sivia Capital Partners LLC now owns 7,740 shares of the electronics maker’s stock worth $635,000 after acquiring an additional 124 shares in the last quarter. Fiduciary Alliance LLC increased its position in shares of Corning by 0.7% during the third quarter. Fiduciary Alliance LLC now owns 18,474 shares of the electronics maker’s stock worth $1,515,000 after acquiring an additional 137 shares in the last quarter. Finally, Old North State Wealth Management LLC raised its holdings in shares of Corning by 0.4% in the 3rd quarter. Old North State Wealth Management LLC now owns 40,468 shares of the electronics maker’s stock worth $3,320,000 after acquiring an additional 143 shares during the last quarter. 69.80% of the stock is currently owned by institutional investors.

Insider Activity at Corning

In other Corning news, SVP Stefan Becker sold 12,100 shares of the stock in a transaction on Wednesday, October 29th. The stock was sold at an average price of $91.28, for a total transaction of $1,104,488.00. Following the completion of the transaction, the senior vice president directly owned 5,049 shares of the company’s stock, valued at approximately $460,872.72. This represents a 70.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Lewis A. Steverson sold 23,142 shares of the stock in a transaction on Friday, October 31st. The stock was sold at an average price of $89.05, for a total value of $2,060,795.10. Following the transaction, the executive vice president owned 17,575 shares of the company’s stock, valued at $1,565,053.75. The trade was a 56.84% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 156,135 shares of company stock worth $14,088,769. Insiders own 0.32% of the company’s stock.

Corning Stock Up 0.7%

GLW stock opened at $89.31 on Wednesday. The stock has a market cap of $76.57 billion, a P/E ratio of 56.52, a P/E/G ratio of 1.62 and a beta of 1.13. The company has a current ratio of 1.56, a quick ratio of 1.00 and a debt-to-equity ratio of 0.62. The stock’s fifty day simple moving average is $86.64 and its two-hundred day simple moving average is $75.04. Corning Incorporated has a 1-year low of $37.31 and a 1-year high of $96.64.

Corning (NYSE:GLW) last announced its earnings results on Tuesday, October 28th. The electronics maker reported $0.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.01. The firm had revenue of $4.10 billion during the quarter, compared to analyst estimates of $4.24 billion. Corning had a return on equity of 18.12% and a net margin of 9.16%.The business’s revenue was up 20.9% compared to the same quarter last year. During the same period last year, the firm posted $0.54 EPS. Corning has set its Q4 2025 guidance at 0.680-0.72 EPS. Analysts expect that Corning Incorporated will post 2.33 EPS for the current year.

Analyst Ratings Changes

A number of equities analysts have issued reports on GLW shares. Argus lifted their price target on Corning from $68.00 to $110.00 and gave the company a “buy” rating in a research note on Wednesday, October 29th. Zacks Research cut Corning from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 21st. UBS Group reiterated a “buy” rating and set a $109.00 price target (up previously from $100.00) on shares of Corning in a report on Friday, November 21st. Mizuho set a $97.00 price target on Corning in a research report on Wednesday, October 29th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Corning from $85.00 to $100.00 and gave the stock an “overweight” rating in a report on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Corning presently has an average rating of “Moderate Buy” and a consensus target price of $93.09.

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.