Corning Incorporated $GLW Stake Lessened by Lafayette Investments Inc.

Lafayette Investments Inc. lessened its stake in shares of Corning Incorporated (NYSE:GLW) by 37.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 40,780 shares of the electronics maker’s stock after selling 24,473 shares during the quarter. Lafayette Investments Inc.’s holdings in Corning were worth $3,345,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its stake in shares of Corning by 1.6% in the 2nd quarter. Vanguard Group Inc. now owns 97,952,109 shares of the electronics maker’s stock worth $5,151,301,000 after buying an additional 1,582,895 shares in the last quarter. State Street Corp boosted its stake in Corning by 1.4% during the second quarter. State Street Corp now owns 36,568,973 shares of the electronics maker’s stock valued at $1,923,162,000 after buying an additional 509,013 shares in the last quarter. Geode Capital Management LLC grew its holdings in Corning by 0.6% during the second quarter. Geode Capital Management LLC now owns 19,443,525 shares of the electronics maker’s stock worth $1,018,629,000 after acquiring an additional 112,739 shares during the period. Ameriprise Financial Inc. raised its position in Corning by 8.1% in the second quarter. Ameriprise Financial Inc. now owns 13,763,148 shares of the electronics maker’s stock worth $724,432,000 after acquiring an additional 1,036,988 shares in the last quarter. Finally, Norges Bank bought a new stake in Corning in the second quarter worth about $534,936,000. 69.80% of the stock is currently owned by institutional investors and hedge funds.

Corning Trading Down 1.0%

NYSE GLW opened at $131.60 on Friday. The firm’s 50 day moving average price is $96.72 and its two-hundred day moving average price is $84.16. 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 twelve month low of $37.31 and a twelve month high of $136.83. The stock has a market cap of $112.83 billion, a price-to-earnings ratio of 71.52, a PEG ratio of 2.30 and a beta of 1.13.

Corning (NYSE:GLW) last released its earnings results on Wednesday, January 28th. The electronics maker reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.71 by $0.01. Corning had a return on equity of 18.72% and a net margin of 10.21%.The company had revenue of $4.41 billion during the quarter, compared to analyst estimates of $4.35 billion. During the same quarter in the prior year, the company earned $0.57 earnings per share. The company’s revenue for the quarter was up 13.9% on a year-over-year basis. Corning has set its Q1 2026 guidance at 0.660-0.700 EPS. Equities analysts anticipate that Corning Incorporated will post 2.33 EPS for the current year.

Corning Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Friday, February 27th will be paid a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Friday, February 27th. Corning’s payout ratio is 60.87%.

Insider Activity at Corning

In other news, CFO Edward A. Schlesinger sold 21,104 shares of the stock in a transaction that occurred on Thursday, January 29th. The shares were sold at an average price of $104.55, for a total value of $2,206,423.20. Following the completion of the sale, the chief financial officer directly owned 54,780 shares of the company’s stock, valued at $5,727,249. This represents a 27.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Avery H. Nelson III sold 6,262 shares of the firm’s stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $129.79, for a total transaction of $812,744.98. Following the sale, the chief operating officer owned 61,371 shares of the company’s stock, valued at approximately $7,965,342.09. This represents a 9.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 95,687 shares of company stock worth $11,249,008. Company insiders own 0.40% of the company’s stock.

Trending Headlines about Corning

Here are the key news stories impacting Corning this week:

• Positive Sentiment: Corning reported stronger-than-expected 2025 results and disclosed a roughly $6 billion Meta AI fiber contract, which materially increases near‑term demand for its optical fiber & cable business and was the main catalyst for the recent rally. Corning (GLW) Is Up 13.6% After Strong 2025 Results And $6 Billion Meta AI Fiber Deal
• Positive Sentiment: The board declared a quarterly dividend of $0.28 per share (payable Mar 30; record Feb 27), reinforcing shareholder returns as revenue ramps from AI/telecom projects. Corning Announces Quarterly Dividend
• Positive Sentiment: Market commentary notes an “AI moment” for Corning, with fund inflows into AI‑infrastructure beneficiaries boosting demand for GLW stock beyond the fundamental news. Corning Having Its AI Moment, Drawing Inflows
• Neutral Sentiment: Analysts have raised targets and issued upgrades after results (consensus remains a “Moderate Buy”), but the stock’s valuation now reflects significant growth expectations — important for investors weighing risk/reward. GLW Profile & Analyst Coverage
• Negative Sentiment: Several senior executives sold shares in early February (COO Avery Nelson III executed multiple sales totaling thousands of shares). These high‑profile Form 4 filings have triggered headlines and contributed to near‑term selling pressure. SEC filing (Nelson sale of 6,262): Nelson Form 4
• Negative Sentiment: Other insider sales include EVP Lewis Steverson (15,366 shares) and VP John Z. Zhang (1,531 shares). Multiple filings amplify concerns among short‑term traders about insider timing, even if sales are for diversification or liquidity. Steverson SEC filing: Steverson Form 4 • Zhang SEC filing: Zhang Form 4
• Negative Sentiment: Financial press highlighted the insider selling as a reason for intraday weakness and profit‑taking after the earlier surge. Corning Trading Down 2.5% After Insider Selling

Wall Street Analyst Weigh In

GLW has been the topic of several recent research reports. UBS Group reaffirmed a “buy” rating and issued a $125.00 price objective on shares of Corning in a research note on Friday, January 30th. Barclays set a $100.00 target price on shares of Corning in a report on Thursday, January 29th. Susquehanna upped their price target on Corning from $100.00 to $125.00 and gave the company a “positive” rating in a report on Thursday, January 29th. Zacks Research downgraded Corning from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 21st. Finally, Weiss Ratings lowered Corning from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, January 27th. Nine investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $112.36.

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.