Atria Investments Inc trimmed its holdings in shares of Corning Incorporated (NYSE:GLW – Free Report) by 14.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 82,972 shares of the electronics maker’s stock after selling 14,078 shares during the quarter. Atria Investments Inc’s holdings in Corning were worth $6,806,000 as of its most recent SEC filing.
Several other large investors also recently bought and sold shares of the company. Brighton Jones LLC lifted its stake in shares of Corning by 46.0% in the fourth quarter. Brighton Jones LLC now owns 6,705 shares of the electronics maker’s stock worth $319,000 after buying an additional 2,114 shares in the last quarter. Retirement Planning Co of New England Inc. purchased a new stake in shares of Corning in the 1st quarter valued at $729,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Corning by 9.3% in 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 buying an additional 5,522 shares during the period. Sivia Capital Partners LLC purchased a new position in shares of Corning in the 2nd quarter valued at about $401,000. Finally, CWM LLC increased its stake in shares of Corning by 117.4% during the second quarter. CWM LLC now owns 65,235 shares of the electronics maker’s stock worth $3,431,000 after buying an additional 35,223 shares during the period. 69.80% of the stock is currently owned by hedge funds and other institutional investors.
Insider Activity
In other news, COO Avery H. Nelson III sold 6,262 shares of Corning stock in a transaction 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 transaction, the chief operating officer directly owned 61,371 shares in the company, valued at approximately $7,965,342.09. This trade represents a 9.26% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, SVP Li Fang sold 9,797 shares of Corning stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $113.51, for a total transaction of $1,112,057.47. The SEC filing for this sale provides additional information. Insiders sold a total of 95,687 shares of company stock worth $11,249,008 over the last three months. Insiders own 0.40% of the company’s stock.
Corning News Roundup
- Positive Sentiment: Optical Communications strength: Corning generated roughly $6.3B in revenue from Optical Communications in 2025, up ~35% year‑over‑year — a core driver of revenue and margin upside. GLW Rides on Solid Traction in Optical Communication
- Positive Sentiment: Major commercial win with Meta: Disclosure of a multi‑billion dollar (reported ~ $6B) Meta AI fiber contract and stronger 2025 results are the headline catalysts lifting demand expectations for Corning’s fiber business. Corning Is Up After Strong 2025 Results And $6 Billion Meta AI Fiber Deal
- Positive Sentiment: AI infrastructure momentum and analyst support: Market commentators and fund flows into AI‑infrastructure names have amplified GLW’s rally; several analysts have raised targets or reiterated buy/outperform views. AI Deals Drives Corning (GLW) Shares Up 50% In 2026
- Positive Sentiment: Dividend affirmed: Corning declared a quarterly dividend of $0.28 (payable Mar 30; record Feb 27), which supports cash-return expectations as AI/telecom revenues ramp. Corning Announces Quarterly Dividend
- Neutral Sentiment: Valuation and consensus: Analyst coverage is constructive (consensus = Moderate Buy), but GLW’s PE and forward multiples now price significant growth — important when sizing positions. GLW Profile & Analyst Coverage
- Negative Sentiment: Insider selling flagged: Multiple Form 4 filings show sizable sales by senior executives (COO Avery Nelson III, EVP Lewis Steverson, VP John Zhang). Those transactions have triggered short‑term selling headlines. Nelson Form 4 Steverson Form 4 Zhang Form 4
- Negative Sentiment: Short‑term profit‑taking: Financial press pointed to insider sales as a reason for intraday weakness following the rally, even as fundamentals remain strong. Corning Trading Down After Insider Selling
Corning Stock Up 1.5%
Shares of Corning stock opened at $133.52 on Friday. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.59 and a quick ratio of 1.04. The business has a 50-day moving average of $97.68 and a 200-day moving average of $84.71. The company has a market capitalization of $114.47 billion, a PE ratio of 72.56, a P/E/G ratio of 2.28 and a beta of 1.13. Corning Incorporated has a 1-year low of $37.31 and a 1-year high of $136.82.
Corning (NYSE:GLW – Get Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The electronics maker reported $0.72 EPS for the quarter, beating analysts’ consensus estimates of $0.71 by $0.01. The firm had revenue of $4.41 billion for the quarter, compared to the consensus estimate of $4.35 billion. Corning had a net margin of 10.21% and a return on equity of 18.72%. The firm’s revenue was up 13.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.57 EPS. Corning has set its Q1 2026 guidance at 0.660-0.700 EPS. As a group, equities analysts forecast that Corning Incorporated will post 2.33 EPS for the current fiscal year.
Corning Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Investors of record on Friday, February 27th will be given a dividend of $0.28 per share. The ex-dividend date is Friday, February 27th. This represents a $1.12 dividend on an annualized basis and a yield of 0.8%. Corning’s payout ratio is currently 60.87%.
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on GLW. Weiss Ratings downgraded Corning from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, January 27th. Fox Advisors cut shares of Corning from an “overweight” rating to an “equal weight” rating in a report on Thursday, January 29th. Wolfe Research set a $130.00 price target on Corning and gave the stock an “outperform” rating in a research note on Tuesday, January 27th. UBS Group reissued a “buy” rating and set a $125.00 price target on shares of Corning in a research report on Friday, January 30th. Finally, Oppenheimer set a $120.00 price objective on Corning in a research report on Thursday, January 29th. Ten analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $114.25.
Read Our Latest Analysis on GLW
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.
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