Lee Johnson Capital Management LLC Purchases New Shares in Corning Incorporated $GLW

Lee Johnson Capital Management LLC bought a new stake in shares of Corning Incorporated (NYSE:GLW) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 55,036 shares of the electronics maker’s stock, valued at approximately $4,819,000. Corning makes up about 1.7% of Lee Johnson Capital Management LLC’s holdings, making the stock its 21st largest position.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new stake in Corning in the 3rd quarter valued at $25,000. Strengthening Families & Communities LLC purchased a new position in shares of Corning during the 3rd quarter worth $27,000. Total Investment Management Inc. acquired a new position in shares of Corning during the 2nd quarter valued at about $28,000. Cornerstone Planning Group LLC grew its holdings in shares of Corning by 58.5% in the third quarter. Cornerstone Planning Group LLC now owns 336 shares of the electronics maker’s stock valued at $30,000 after purchasing an additional 124 shares during the period. Finally, Financial Management Professionals Inc. increased its position in Corning by 111.1% during the third quarter. Financial Management Professionals Inc. now owns 380 shares of the electronics maker’s stock worth $31,000 after purchasing an additional 200 shares during the last quarter. Institutional investors and hedge funds own 69.80% of the company’s stock.

Corning Trading Up 8.5%

GLW opened at $142.13 on Wednesday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.04 and a current ratio of 1.59. Corning Incorporated has a one year low of $37.31 and a one year high of $162.10. The company has a market cap of $122.09 billion, a P/E ratio of 77.24, a PEG ratio of 2.07 and a beta of 1.05. The business’s 50-day simple moving average is $123.91 and its 200-day simple moving average is $98.59.

Corning (NYSE:GLW) last posted its earnings results on Wednesday, January 28th. The electronics maker reported $0.72 EPS 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 firm had revenue of $4.41 billion for the quarter, compared to the consensus estimate of $4.35 billion. During the same period last year, the firm posted $0.57 EPS. The company’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 EPS for the current fiscal year.

Corning Announces Dividend

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

Trending Headlines about Corning

Here are the key news stories impacting Corning this week:

• Positive Sentiment: Bank of America upgraded GLW to a “buy” and raised its price target to $155, citing stronger optics demand tied to AI infrastructure, which supports tighter near‑term earnings and multiple expansion. Corning (GLW) Stock Surges 5%+ as BofA Upgrades Target Amid AI Optical Expansion
• Positive Sentiment: Analyst notes and market commentary flagged rising AI demand for Corning’s specialty glass and optical components, prompting a fresh bullish view on near‑term revenue and margin outlook. That analyst-driven optimism helped lift sentiment across the tape. Corning stock jumps 9% as AI demand, analyst boost lift outlook
• Positive Sentiment: Company announcements and analyst commentary highlighted new AI‑focused optical innovations, reinforcing Corning’s positioning in data‑center and optical interconnect markets — a key growth narrative investors are buying into. Why Are Corning (GLW) Shares Soaring Today
• Neutral Sentiment: Jim Cramer mentioned GLW as a name the show’s team owns but advised buying after any pullback rather than adding immediately — a cautious endorsement that may limit immediate retail buying but supports medium‑term interest. Jim Cramer on Corning Incorporated: “We’ll Pick Some Up After the Sell, Not Before”
• Neutral Sentiment: Several retail/independent bull writeups (summarized by financial sites) are circulating a thesis that GLW’s AI exposure could drive multi‑year upside; these posts increase retail interest but are speculative and depend on sustained AI capex. Is Corning Incorporated (GLW) A Good Stock To Buy Now?
• Negative Sentiment: Valuation remains a concern—GLW’s trailing/forward P/E ratios are elevated versus historical levels, which could cap near‑term upside if AI demand disappoints or macro conditions tighten. Investors should weigh growth expectations against the stretched multiple. Is Corning Incorporated (GLW) a good stock to buy now?

Insider Activity at Corning

In other Corning news, CEO Wendell P. Weeks sold 137,514 shares of the firm’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $155.37, for a total transaction of $21,365,550.18. Following the completion of the sale, the chief executive officer owned 750,585 shares in the company, valued at $116,618,391.45. This trade represents a 15.48% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Eric S. Musser sold 15,000 shares of the company’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $130.25, for a total transaction of $1,953,750.00. Following the completion of the sale, the insider owned 4,926 shares in the company, valued at approximately $641,611.50. This trade represents a 75.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 233,201 shares of company stock worth $32,614,558. 0.32% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

GLW has been the subject of several research analyst reports. Fox Advisors lowered shares of Corning from an “overweight” rating to an “equal weight” rating in a research note on Thursday, January 29th. Bank of America boosted their target price on Corning from $144.00 to $155.00 and gave the stock a “buy” rating in a research note on Monday. Morgan Stanley increased their price target on Corning from $103.00 to $127.00 and gave the company an “equal weight” rating in a research report on Monday, February 23rd. Barclays set a $100.00 price objective on Corning in a research note on Thursday, January 29th. Finally, HSBC reaffirmed a “buy” rating and issued a $135.00 target price on shares of Corning in a report on Friday, February 13th. Eleven analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $132.67.

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.