Corning Incorporated $GLW Stock Holdings Cut by Kwmg LLC

Kwmg LLC reduced its position in shares of Corning Incorporated (NYSE:GLW) by 8.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 122,968 shares of the electronics maker’s stock after selling 11,110 shares during the period. Kwmg LLC’s holdings in Corning were worth $10,767,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in shares of Corning during the third quarter worth $25,000. Strengthening Families & Communities LLC purchased a new position in shares of Corning in the third quarter worth approximately $27,000. Total Investment Management Inc. acquired a new stake in shares of Corning during the second quarter valued at approximately $28,000. Cornerstone Planning Group LLC boosted its position in shares of Corning by 58.5% in the third quarter. Cornerstone Planning Group LLC now owns 336 shares of the electronics maker’s stock worth $30,000 after buying an additional 124 shares during the period. Finally, Financial Management Professionals Inc. raised its position in Corning by 111.1% during the third quarter. Financial Management Professionals Inc. now owns 380 shares of the electronics maker’s stock valued at $31,000 after buying an additional 200 shares during the period. Institutional investors and hedge funds own 69.80% of the company’s stock.

Insider Activity at Corning

In other news, VP John Z. Zhang sold 1,531 shares of the company’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $133.75, for a total value of $204,771.25. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, COO Avery H. Nelson III sold 1,583 shares of the business’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $128.74, for a total value of $203,795.42. Following the completion of the sale, the chief operating officer directly owned 59,788 shares in the company, valued at approximately $7,697,107.12. This represents a 2.58% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 233,201 shares of company stock valued at $32,614,558. Corporate insiders own 0.40% of the company’s stock.

Analyst Ratings Changes

GLW has been the topic of several research reports. Barclays set a $100.00 price objective on shares of Corning in a research note on Thursday, January 29th. Fox Advisors cut shares of Corning from an “overweight” rating to an “equal weight” rating in a report on Thursday, January 29th. Oppenheimer set a $120.00 target price on Corning in a research report on Thursday, January 29th. Citigroup lifted their price target on shares of Corning from $120.00 to $170.00 and gave the company a “buy” rating in a research report on Wednesday, February 25th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Corning from $100.00 to $115.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 28th. Eleven analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $132.08.

Corning Stock Up 4.9%

Shares of GLW opened at $142.68 on Thursday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.04 and a current ratio of 1.59. The company has a 50-day simple moving average of $129.26 and a 200-day simple moving average of $101.07. Corning Incorporated has a 52 week low of $37.31 and a 52 week high of $162.10. The firm has a market capitalization of $122.56 billion, a P/E ratio of 77.54, a P/E/G ratio of 2.15 and a beta of 1.05.

Corning (NYSE:GLW) last released its earnings results on Wednesday, January 28th. The electronics maker reported $0.72 earnings per share for the quarter, topping 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 business had revenue of $4.41 billion for the quarter, compared to the consensus estimate of $4.35 billion. During the same period last year, the business earned $0.57 earnings per share. The firm’s revenue for the quarter was up 13.9% compared to the same quarter last year. Corning has set its Q1 2026 guidance at 0.660-0.700 EPS. On average, equities research analysts expect that Corning Incorporated will post 2.33 earnings per share for the current year.

Corning Announces Dividend

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. This represents a $1.12 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Friday, February 27th. Corning’s payout ratio 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

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.