Partners in Financial Planning Makes New Investment in Corning Incorporated $GLW

Partners in Financial Planning bought a new stake in Corning Incorporated (NYSE:GLW) during the third quarter, HoldingsChannel.com reports. The fund bought 3,631 shares of the electronics maker’s stock, valued at approximately $298,000.

A number of other institutional investors have also recently added to or reduced their stakes in GLW. Norges Bank purchased a new position in Corning in the second quarter valued at about $534,936,000. WCM Investment Management LLC acquired a new stake in shares of Corning in the third quarter valued at about $676,931,000. Voya Investment Management LLC raised its holdings in shares of Corning by 748.0% during the 3rd quarter. Voya Investment Management LLC now owns 3,169,741 shares of the electronics maker’s stock valued at $260,014,000 after buying an additional 2,795,948 shares during the period. Raymond James Financial Inc. lifted its position in Corning by 93.0% during the 2nd quarter. Raymond James Financial Inc. now owns 3,407,608 shares of the electronics maker’s stock worth $179,206,000 after acquiring an additional 1,641,558 shares in the last quarter. Finally, Vanguard Group Inc. boosted its holdings in 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 acquiring an additional 1,582,895 shares during the period. 69.80% of the stock is owned by hedge funds and other institutional investors.

Corning Price Performance

Shares of GLW stock opened at $139.53 on Friday. The firm has a fifty day moving average of $101.83 and a two-hundred day moving average of $87.32. The firm has a market cap of $119.71 billion, a P/E ratio of 75.83, a P/E/G ratio of 2.42 and a beta of 1.13. Corning Incorporated has a 1-year low of $37.31 and a 1-year high of $140.27. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.59 and a quick ratio of 1.04.

Corning (NYSE:GLW) last issued its quarterly earnings results on Wednesday, January 28th. The electronics maker reported $0.72 EPS for the quarter, topping the consensus estimate of $0.71 by $0.01. The business had revenue of $4.41 billion for the quarter, compared to analysts’ expectations of $4.35 billion. Corning had a net margin of 10.21% and a return on equity of 18.72%. The company’s quarterly revenue was up 13.9% compared to the same quarter last year. During the same quarter last year, the company posted $0.57 earnings per share. Corning has set its Q1 2026 guidance at 0.660-0.700 EPS. As a group, research analysts anticipate that Corning Incorporated will post 2.33 earnings per share for the current fiscal year.

Corning Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Friday, February 27th will be given a $0.28 dividend. The ex-dividend date is Friday, February 27th. This represents a $1.12 annualized dividend and a dividend yield of 0.8%. Corning’s dividend payout ratio (DPR) is presently 60.87%.

Corning News Roundup

Here are the key news stories impacting Corning this week:

• Positive Sentiment: UBS raised its price target on GLW to $160 and maintained a “buy” rating, giving analysts’ backing to further upside and legitimizing recent gains. UBS raises price target to $160
• Positive Sentiment: Multiple outlets highlight Corning as a beneficiary of the AI infrastructure buildout — demand for fiber, optical interconnects and glass substrate technology is being re-priced into expectations for growth. Corning’s Surprise AI Boom
• Positive Sentiment: Zacks published a piece framing GLW as a strong growth stock based on style scores and momentum, feeding retail and algorithmic interest. Zacks: Here’s Why Corning (GLW) is a Strong Growth Stock
• Neutral Sentiment: Coverage and comparative pieces (e.g., Corning vs. Universal Display) are driving analyst debate about display vs. optical winners — helpful for narrative but not immediate catalysts. Corning vs. Universal Display
• Neutral Sentiment: Benzinga and other outlets note elevated options activity in GLW, which can amplify intraday moves but doesn’t change fundamentals. Options trading trends in Corning
• Negative Sentiment: Insiders sold roughly US$54M of Corning stock, a signal some investors interpret as caution and a reminder to watch insider activity and timing around big rallies. Corning Insiders Sell US$54m Of Stock

Insider Buying and Selling

In other Corning news, COO Avery H. Nelson III sold 6,262 shares of Corning stock in a transaction on Monday, February 9th. The shares were sold at an average price of $129.79, for a total value of $812,744.98. Following the completion of the transaction, the chief operating officer owned 61,371 shares of the company’s stock, valued at $7,965,342.09. The trade was a 9.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, SVP Li Fang sold 9,797 shares of the stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $113.51, for a total transaction of $1,112,057.47. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 95,687 shares of company stock worth $11,249,008. 0.40% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Mizuho boosted their target price on shares of Corning from $97.00 to $120.00 and gave the stock an “outperform” rating in a research report on Thursday, January 29th. Susquehanna lifted their price target on shares of Corning from $100.00 to $125.00 and gave the stock a “positive” rating in a research note on Thursday, January 29th. Wolfe Research set a $130.00 price objective on shares of Corning and gave the company an “outperform” rating in a research report on Tuesday, January 27th. JPMorgan Chase & Co. raised their target price on Corning from $100.00 to $115.00 and gave the company an “overweight” rating in a research note on Wednesday, January 28th. Finally, Argus boosted their price target on Corning from $68.00 to $110.00 and gave the stock a “buy” rating in a research note on Wednesday, October 29th. Eleven analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Corning presently has an average rating of “Moderate Buy” and a consensus target price of $117.17.

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.