Mitsubishi UFJ Trust & Banking Corp Has $32.02 Million Stock Holdings in Corning Incorporated $GLW

Mitsubishi UFJ Trust & Banking Corp boosted its position in Corning Incorporated (NYSE:GLW) by 5.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 365,658 shares of the electronics maker’s stock after buying an additional 19,250 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp’s holdings in Corning were worth $32,017,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Merit Financial Group LLC increased its position in shares of Corning by 16.9% during the 4th quarter. Merit Financial Group LLC now owns 45,001 shares of the electronics maker’s stock worth $3,940,000 after purchasing an additional 6,493 shares during the last quarter. Lansforsakringar Fondforvaltning AB publ increased its holdings in shares of Corning by 4.9% during the 3rd quarter. Lansforsakringar Fondforvaltning AB publ now owns 261,749 shares of the electronics maker’s stock worth $21,471,000 after acquiring an additional 12,297 shares during the last quarter. Hartline Investment Corp increased its holdings in shares of Corning by 113.2% during the 3rd quarter. Hartline Investment Corp now owns 295,362 shares of the electronics maker’s stock worth $24,229,000 after acquiring an additional 156,843 shares during the last quarter. Three Seasons Wealth LLC acquired a new position in shares of Corning during the 4th quarter worth approximately $1,750,000. Finally, Natixis Advisors LLC increased its holdings in shares of Corning by 32.1% during the 3rd quarter. Natixis Advisors LLC now owns 479,921 shares of the electronics maker’s stock worth $39,367,000 after acquiring an additional 116,583 shares during the last quarter. Institutional investors and hedge funds own 69.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on GLW shares. Susquehanna boosted their target price on Corning from $125.00 to $180.00 and gave the stock a “positive” rating in a report on Wednesday. Zacks Research upgraded Corning from a “hold” rating to a “strong-buy” rating in a research note on Monday. Fox Advisors downgraded Corning from an “overweight” rating to an “equal weight” rating in a research note on Thursday, January 29th. Wolfe Research set a $130.00 target price on Corning and gave the company an “outperform” rating in a research report on Tuesday, January 27th. Finally, HSBC reiterated a “buy” rating and set a $135.00 target price on shares of Corning in a research report on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $150.31.

Corning News Roundup

Here are the key news stories impacting Corning this week:

• Positive Sentiment: UBS sees Corning as more likely to achieve higher long‑term sales growth and margin gains, highlighting the company’s positioning in optics and the multi‑year “Springboard” plan. Corning Seen More Likely to Achieve Higher Sales Growth Over Long Term, UBS Says
• Positive Sentiment: Corning and Meta broke ground on a major expansion of optical cable capacity in Hickory, NC — part of a partnership valued at up to ~$6B — which supports multi‑year demand from hyperscalers. Corning (GLW), Meta (META) Break Ground on $6B Optical Cable Facility Expansion
• Positive Sentiment: Q1 results showed 18% core sales growth, strong optical (+36%) and solar (+80%) growth, and EPS ahead of consensus — evidence of robust demand from Gen AI and solar ramps. Corning Announces Strong First-Quarter 2026 Financial Results
• Positive Sentiment: Zacks upgraded GLW from Hold to Strong‑Buy, reflecting analyst optimism on the company’s growth trajectory. Zacks.com
• Neutral Sentiment: Industry recognition: a Corning executive received Graybar’s WINGS Luminary Award — positive for corporate reputation but unlikely to move near‑term stock value. Corning’s Angela Haneklau Named Inaugural Recipient of Graybar’s WINGS Luminary Award
• Neutral Sentiment: Truist raised its price target to $149 but maintained a Hold rating — a modest tweak that signals mixed near‑term expectations from some sell‑side analysts. Benzinga
• Negative Sentiment: Shares fell sharply after management’s Q2 revenue/earnings guidance came in slightly below Street expectations; traders punished the stock despite the Q1 beat. Corning Beats Q1 Estimates but Drops 9% on Guidance Miss
• Negative Sentiment: Management flagged continuing weakness in consumer electronics (non‑optical segments), which offsets the boom in data‑center demand and contributes to the cautious near‑term outlook. Corning faces consumer electronics drag even as data-center business booms
• Negative Sentiment: Some analysts and commentary call the guidance “underwhelming” versus the strong underlying trends, keeping volatility high until near‑term demand/labor or facility‑ramp details become clearer. Corning Sees Long-Term Tailwinds In Optics, Underwhelmed With Guidance

Corning Price Performance

Shares of GLW opened at $151.56 on Thursday. Corning Incorporated has a 12-month low of $43.48 and a 12-month high of $179.08. The business has a 50-day simple moving average of $147.97 and a two-hundred day simple moving average of $112.47. The company has a quick ratio of 1.04, a current ratio of 1.59 and a debt-to-equity ratio of 0.62. The stock has a market cap of $130.20 billion, a PE ratio of 82.37, a PEG ratio of 2.41 and a beta of 1.06.

Corning (NYSE:GLW) last issued its earnings results on Tuesday, April 28th. The electronics maker reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.01. The business had revenue of $4.35 billion during the quarter, compared to analysts’ expectations of $4.28 billion. Corning had a return on equity of 18.72% and a net margin of 10.21%.The business’s revenue for the quarter was up 18.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.54 EPS. Corning has set its Q2 2026 guidance at 0.730-0.770 EPS. Analysts anticipate that Corning Incorporated will post 3.15 earnings per share for the current fiscal year.

Corning Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 30th. Stockholders of record on Friday, February 27th were paid a $0.28 dividend. The ex-dividend date of this dividend was Friday, February 27th. This represents a $1.12 annualized dividend and a dividend yield of 0.7%. Corning’s dividend payout ratio is presently 60.87%.

Insider Buying and Selling

In other news, EVP Lewis A. Steverson sold 15,366 shares of the 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. This represents a 81.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Eric S. Musser sold 15,000 shares of the stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $130.25, for a total value of $1,953,750.00. Following the completion of the sale, the insider directly owned 4,926 shares of the company’s stock, valued at approximately $641,611.50. The trade was a 75.28% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 212,053 shares of company stock valued at $30,403,630. Corporate insiders own 0.25% of the company’s stock.

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.