Corning Incorporated $GLW Shares Acquired by Quantinno Capital Management LP

Quantinno Capital Management LP boosted its holdings in Corning Incorporated (NYSE:GLW) by 5.2% during the 1st quarter, Holdings Channel reports. The fund owned 489,876 shares of the electronics maker’s stock after acquiring an additional 24,301 shares during the quarter. Quantinno Capital Management LP’s holdings in Corning were worth $66,609,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the business. Merit Financial Group LLC grew its position in 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 in the last quarter. Security National Bank boosted its position in shares of Corning by 340.4% in the fourth quarter. Security National Bank now owns 72,523 shares of the electronics maker’s stock worth $6,350,000 after buying an additional 56,056 shares during the period. Principal Financial Group Inc. grew its holdings in shares of Corning by 1.2% during the first quarter. Principal Financial Group Inc. now owns 893,451 shares of the electronics maker’s stock valued at $121,483,000 after buying an additional 10,591 shares in the last quarter. Wealthfront Advisers LLC lifted its stake in Corning by 36.2% in the 1st quarter. Wealthfront Advisers LLC now owns 92,425 shares of the electronics maker’s stock worth $12,567,000 after acquiring an additional 24,589 shares in the last quarter. Finally, Three Seasons Wealth LLC acquired a new stake in Corning during the 4th quarter worth about $1,750,000. Institutional investors and hedge funds own 69.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have recently issued reports on GLW shares. Weiss Ratings lowered shares of Corning from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday. Wall Street Zen raised shares of Corning from a “hold” rating to a “buy” rating in a research note on Saturday, July 18th. Zacks Research cut shares of Corning from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 26th. Citigroup increased their price objective on Corning from $225.00 to $240.00 and gave the stock a “buy” rating in a report on Monday, July 13th. Finally, Barclays boosted their target price on Corning from $149.00 to $180.00 and gave the company an “equal weight” rating in a research note on Friday, May 8th. Nine investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, Corning presently has an average rating of “Moderate Buy” and a consensus target price of $194.69.

Insiders Place Their Bets

In related news, VP John Z. Zhang sold 10,000 shares of the company’s stock in a transaction on Monday, May 11th. The shares were sold at an average price of $198.34, for a total transaction of $1,983,400.00. Following the completion of the sale, the vice president directly owned 5,138 shares of the company’s stock, valued at approximately $1,019,070.92. This represents a 66.06% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Jaymin Amin sold 27,395 shares of Corning stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $192.14, for a total transaction of $5,263,675.30. Following the completion of the transaction, the senior vice president owned 94,400 shares in the company, valued at $18,138,016. This trade represents a 22.49% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 160,655 shares of company stock valued at $30,692,560 in the last three months. Company insiders own 0.25% of the company’s stock.

Corning News Summary

Here are the key news stories impacting Corning this week:

• Positive Sentiment: Corning reported Q2 revenue of $4.74 billion, up 17% year over year and ahead of the $4.63 billion consensus estimate. Core EPS rose 30% to $0.78, topping expectations of $0.76 and increasing from $0.60 a year earlier. Corning Q2 2026 Results
• Positive Sentiment: Optical Communications sales increased 32% to $2.07 billion, including 65% growth in Enterprise Networks, as demand for fiber and generative-AI infrastructure products accelerated. Solar sales also surged 90%, supporting revenue, margins and cash flow. Corning Earnings Call Highlights
• Positive Sentiment: Management said Corning is entering a new phase of accelerating growth, reinforcing the longer-term investment case tied to AI data centers and the company’s upgraded Springboard plan. Corning Posts Higher Profit and Sales
• Neutral Sentiment: Corning’s data-center strategy is shifting from copper toward fiber, potentially positioning GLW to benefit from sustained AI infrastructure spending, although investor letters and sector commentary provide limited new company-specific financial information. Corning Data Center Technology
• Negative Sentiment: Q3 revenue guidance of $4.9 billion to $5.0 billion was below or merely in line with the $5.0 billion consensus estimate. EPS guidance of $0.85 to $0.89 was broadly in line, offering insufficient upside for investors. Corning Mixed Outlook
• Negative Sentiment: The softer outlook triggered a broader sell-off in optical-component stocks and intensified an AI-infrastructure rotation. Analysts and traders viewed the earnings beat as inadequate relative to elevated expectations, contributing to significant downside pressure in GLW. Corning Leads Optical Stock Rout

Corning Stock Down 12.1%

GLW stock opened at $126.04 on Wednesday. The firm has a market cap of $108.48 billion, a PE ratio of 60.31, a PEG ratio of 1.88 and a beta of 1.09. Corning Incorporated has a 1 year low of $57.93 and a 1 year high of $271.78. The company has a fifty day simple moving average of $186.29 and a 200 day simple moving average of $156.25. The company has a current ratio of 1.61, a quick ratio of 1.06 and a debt-to-equity ratio of 0.62.

Corning (NYSE:GLW) last posted its earnings results on Tuesday, July 28th. The electronics maker reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.02. The company had revenue of $4.74 billion for the quarter, compared to analyst estimates of $4.63 billion. Corning had a return on equity of 19.45% and a net margin of 11.09%.The business’s revenue was up 17.1% compared to the same quarter last year. During the same period last year, the company earned $0.60 earnings per share. Corning has set its Q3 2026 guidance at 0.850-0.890 EPS. Sell-side analysts anticipate that Corning Incorporated will post 3.18 EPS for the current fiscal year.

Corning Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Monday, August 31st will be given a $0.28 dividend. The ex-dividend date of this dividend is Monday, August 31st. This represents a $1.12 dividend on an annualized basis and a dividend yield of 0.9%. Corning’s dividend payout ratio (DPR) is currently 53.59%.

About Corning

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.