Corning Incorporated $GLW Shares Sold by SWS Partners

SWS Partners decreased its position in Corning Incorporated (NYSE:GLW) by 19.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 44,677 shares of the electronics maker’s stock after selling 11,083 shares during the period. SWS Partners’ holdings in Corning were worth $3,912,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in GLW. CVA Family Office LLC increased its holdings in shares of Corning by 10.3% in the third quarter. CVA Family Office LLC now owns 1,190 shares of the electronics maker’s stock valued at $98,000 after purchasing an additional 111 shares during the period. Angeles Wealth Management LLC lifted its holdings in shares of Corning by 2.8% during the third quarter. Angeles Wealth Management LLC now owns 4,242 shares of the electronics maker’s stock worth $348,000 after purchasing an additional 116 shares during the period. Vista Investment Partners LLC boosted its position in Corning by 1.3% in the third quarter. Vista Investment Partners LLC now owns 9,496 shares of the electronics maker’s stock valued at $779,000 after buying an additional 119 shares during the last quarter. Sapient Capital LLC boosted its position in Corning by 2.2% in 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. Finally, Sivia Capital Partners LLC increased its holdings in Corning by 1.6% in the 3rd quarter. Sivia Capital Partners LLC now owns 7,740 shares of the electronics maker’s stock worth $635,000 after buying an additional 124 shares during the period. Hedge funds and other institutional investors own 69.80% of the company’s stock.

Insider Transactions at Corning

In other Corning news, EVP Lewis A. Steverson sold 15,366 shares of the firm’s stock in a transaction that occurred 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 sale, the executive vice president directly owned 3,461 shares of the company’s stock, valued at approximately $450,691.42. This trade represents a 81.62% 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 hyperlink. Also, insider Eric S. Musser sold 25,000 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $110.00, for a total value of $2,750,000.00. Following the completion of the sale, the insider owned 19,926 shares of the company’s stock, valued at $2,191,860. This trade represents a 55.65% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 233,201 shares of company stock worth $32,614,558 over the last quarter. Company insiders own 0.40% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on GLW. UBS Group lifted their price objective on shares of Corning from $125.00 to $160.00 and gave the company a “buy” rating in a research note on Friday, February 20th. Oppenheimer set a $120.00 price objective on shares of Corning in a research note on Thursday, January 29th. Mizuho set a $145.00 target price on shares of Corning in a report on Monday, February 23rd. Susquehanna boosted their target price on shares of Corning from $100.00 to $125.00 and gave the company a “positive” rating in a research report on Thursday, January 29th. Finally, Weiss Ratings raised shares of Corning from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, February 17th. Eleven research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $132.08.

Corning Price Performance

Shares of NYSE GLW opened at $142.68 on Thursday. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.59 and a quick ratio of 1.04. The firm’s 50 day simple moving average is $129.26 and its 200-day simple moving average is $101.07. Corning Incorporated has a 12 month low of $37.31 and a 12 month high of $162.10. The stock has a market capitalization of $122.56 billion, a price-to-earnings ratio of 77.54, a PEG ratio of 2.15 and a beta of 1.05.

Corning (NYSE:GLW) last announced its quarterly earnings results on Wednesday, January 28th. The electronics maker reported $0.72 earnings per share (EPS) for the quarter, topping 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 in the prior year, the firm posted $0.57 earnings per share. The firm’s quarterly revenue was up 13.9% compared to the same quarter last year. Corning has set its Q1 2026 guidance at 0.660-0.700 EPS. Analysts expect that Corning Incorporated will post 2.33 EPS for the current year.

Corning Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 30th. Stockholders of record on Friday, February 27th were given a dividend of $0.28 per share. 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 dividend payout ratio (DPR) is 60.87%.

Corning News Roundup

Here are the key news stories impacting Corning this week:

• Positive Sentiment: Corning and Meta broke ground on a large optical cable manufacturing expansion in Hickory, NC to support AI data-center buildout under a multiyear agreement (up to $6 billion), reinforcing a clear revenue runway from AI infrastructure demand. Corning and Meta Celebrate Start of Construction on Cable Manufacturing Expansion in North Carolina to Support AI Buildout
• Positive Sentiment: Jim Cramer publicly called Corning “the best one” for the AI and data-center buildout, a high-visibility endorsement that likely boosted retail and momentum flows into GLW. Jim Cramer Chooses Corning Incorporated As “The Best One” for AI and Data Center Buildout
• Neutral Sentiment: Analyst/market write-ups highlight Corning’s strong ROE and relative outperformance vs. some tech peers, framing GLW as a cash-efficient, defensive play amid macro/geopolitical uncertainty — supportive context but not an immediate catalyst. 5 Stocks With High ROE to Buy as Iran War Crisis Refuses to Abate
• Negative Sentiment: Truist Securities initiated coverage on GLW with a Hold rating and a $125 price target, implying downside from current levels — a formal analyst view that could temper further upside and encourage profit-taking. Truist Securities initiates coverage of Corning (GLW) with hold recommendation

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.