Win Advisors Inc. Buys 7,001 Shares of Corning Incorporated $GLW

Win Advisors Inc. grew its stake in shares of Corning Incorporated (NYSE:GLW) by 119.9% in the fourth quarter, Holdings Channel reports. The fund owned 12,841 shares of the electronics maker’s stock after acquiring an additional 7,001 shares during the quarter. Win Advisors Inc.’s holdings in Corning were worth $1,124,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of GLW. Brighton Jones LLC grew its position in shares of Corning by 46.0% during the 4th quarter. Brighton Jones LLC now owns 6,705 shares of the electronics maker’s stock valued at $319,000 after acquiring an additional 2,114 shares during the period. Retirement Planning Co of New England Inc. bought a new position in shares of Corning during the 1st quarter valued at approximately $729,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Corning by 9.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 64,704 shares of the electronics maker’s stock valued at $2,962,000 after acquiring an additional 5,522 shares during the period. Sivia Capital Partners LLC bought a new position in shares of Corning during the 2nd quarter valued at approximately $401,000. Finally, Schnieders Capital Management LLC. bought a new position in shares of Corning during the 2nd quarter valued at approximately $266,000. 69.80% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

GLW has been the subject of a number of research reports. Oppenheimer increased their target price on shares of Corning from $120.00 to $210.00 and gave the company an “outperform” rating in a research report on Thursday, May 7th. Mizuho set a $145.00 price target on shares of Corning in a research note on Monday, February 23rd. Fox Advisors cut shares of Corning from an “overweight” rating to an “equal weight” rating in a research note on Thursday, January 29th. HSBC restated a “buy” rating and set a $135.00 price target on shares of Corning in a research report on Friday, February 13th. Finally, Citigroup upped their price target on shares of Corning from $175.00 to $225.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $172.15.

Insider Activity

In other news, COO Avery H. Nelson III sold 1,583 shares of the firm’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $128.74, for a total transaction of $203,795.42. Following the sale, the chief operating officer owned 59,788 shares in the company, valued at approximately $7,697,107.12. This trade represents a 2.58% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, VP John Z. Zhang sold 1,531 shares of the firm’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $133.75, for a total transaction of $204,771.25. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 140,628 shares of company stock worth $21,774,117. 0.25% of the stock is currently owned by corporate insiders.

Corning Trading Up 10.7%

Corning stock opened at $206.99 on Tuesday. The stock has a market cap of $178.14 billion, a P/E ratio of 99.04, a PEG ratio of 2.68 and a beta of 1.14. Corning Incorporated has a fifty-two week low of $46.34 and a fifty-two week high of $208.92. The firm’s fifty day moving average price is $152.13 and its 200-day moving average price is $116.67. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.06 and a current ratio of 1.61.

Corning (NYSE:GLW) last posted its quarterly earnings data on Tuesday, April 28th. The electronics maker reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.01. The firm had revenue of $4.35 billion for the quarter, compared to analysts’ expectations of $4.30 billion. Corning had a net margin of 11.09% and a return on equity of 19.45%. The business’s quarterly revenue was up 18.1% on a year-over-year basis. During the same quarter last year, the company posted $0.54 EPS. Corning has set its Q2 2026 guidance at 0.730-0.770 EPS. Equities research analysts forecast that Corning Incorporated will post 3.19 earnings per share for the current fiscal year.

Corning Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Stockholders of record on Friday, May 29th will be given a dividend of $0.28 per share. The ex-dividend date is Friday, May 29th. This represents a $1.12 annualized dividend and a dividend yield of 0.5%. Corning’s dividend payout ratio (DPR) is 53.59%.

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.