Cache Advisors LLC Buys Shares of 8,097 Corning Incorporated $GLW

Cache Advisors LLC bought a new stake in Corning Incorporated (NYSE:GLW) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm bought 8,097 shares of the electronics maker’s stock, valued at approximately $709,000.

Other large investors have also recently modified their holdings of the company. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in shares of Corning in the 3rd quarter valued at $25,000. Strengthening Families & Communities LLC acquired a new stake in shares of Corning during the 3rd quarter valued at $27,000. Cornerstone Planning Group LLC boosted its holdings in shares of Corning by 58.5% during the 3rd quarter. Cornerstone Planning Group LLC now owns 336 shares of the electronics maker’s stock valued at $30,000 after acquiring an additional 124 shares in the last quarter. Financial Management Professionals Inc. boosted its holdings in shares of Corning by 111.1% during the 3rd quarter. Financial Management Professionals Inc. now owns 380 shares of the electronics maker’s stock valued at $31,000 after acquiring an additional 200 shares in the last quarter. Finally, JPL Wealth Management LLC acquired a new stake in shares of Corning during the 3rd quarter valued at $33,000. Institutional investors and hedge funds own 69.80% of the company’s stock.

Insider Buying and Selling at Corning

In other news, EVP Lewis A. Steverson sold 15,366 shares of Corning stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $130.22, for a total value of $2,000,960.52. Following the completion of the transaction, the executive vice president directly owned 3,461 shares of the company’s stock, valued at approximately $450,691.42. This trade represents a 81.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Eric S. Musser sold 15,000 shares of Corning stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $130.25, for a total value of $1,953,750.00. Following the completion of the transaction, the insider directly owned 4,926 shares of the company’s stock, valued at approximately $641,611.50. This trade represents a 75.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 233,201 shares of company stock valued at $32,614,558. 0.40% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on the company. UBS Group raised their price objective on Corning from $125.00 to $160.00 and gave the company a “buy” rating in a report on Friday, February 20th. Mizuho set a $145.00 price objective on Corning in a report on Monday, February 23rd. Wall Street Zen raised Corning from a “hold” rating to a “buy” rating in a report on Friday, January 23rd. Fox Advisors downgraded Corning from an “overweight” rating to an “equal weight” rating in a report on Thursday, January 29th. Finally, Citigroup raised their price objective on Corning from $120.00 to $170.00 and gave the company a “buy” rating in a report on Wednesday, February 25th. Eleven equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $132.08.

Corning News Summary

Here are the key news stories impacting Corning this week:

• Positive Sentiment: Zacks upgraded GLW to a Rank #2 (Buy), citing improving earnings prospects that could support further upside. Corning (GLW) Upgraded to Buy: Here’s What You Should Know
• Positive Sentiment: UBS reiterated a Buy on GLW with a $171 price target after industry checks at an Optical Fiber Communications conference, reinforcing bullish views on fiber demand and Corning’s positioning. Here’s What UBS Has to Say About ​Corning Incorporated (GLW)
• Positive Sentiment: Unusually large options activity: ~33,951 call contracts were bought, signaling short‑term bullish positioning from traders (call volume above typical daily levels).
• Positive Sentiment: Analysts and sector pieces highlight Corning’s growing healthcare portfolio (advanced glass, lab tools, bioprocessing) as a durable revenue driver that could add to multiple expansion if execution continues. Can Corning’s Enhanced Healthcare Portfolio Boost Its Shares?
• Neutral Sentiment: Industry roundup: several aggregator reports show a consensus rating around “Moderate Buy,” reflecting mixed degree of conviction across analysts. Corning Incorporated (NYSE:GLW) Receives Consensus Rating of “Moderate Buy” from Analysts
• Neutral Sentiment: Analysis pieces (e.g., Seeking Alpha) call Corning “a great story” but recommend a Hold because valuations are elevated — suggesting patience for new buyers or trimming on strength. Corning: Springboard Plan On Track, Valuations Not – A Hold With A Great Story
• Negative Sentiment: Several valuation-focused writeups question whether the recent double‑digit gains (1–3 month) have pushed GLW above fair value and warn new buyers may be paying a premium after the rally. Is Corning (GLW) Now Overvalued After Its Strong Recent Share Price Momentum
• Negative Sentiment: Follow‑up valuation piece asks whether it’s “too late to consider” GLW, highlighting the elevated trailing returns and the risk that near‑term multiples contract. Is It Too Late To Consider Corning (GLW) After Its Strong Share Price Rally?

Corning Stock Up 11.1%

Shares of NYSE:GLW opened at $164.95 on Thursday. The firm has a market cap of $141.69 billion, a P/E ratio of 89.64, a P/E/G ratio of 2.33 and a beta of 1.06. The company has a quick ratio of 1.04, a current ratio of 1.59 and a debt-to-equity ratio of 0.62. Corning Incorporated has a 12-month low of $38.82 and a 12-month high of $165.24. The business has a fifty day simple moving average of $134.43 and a 200 day simple moving average of $103.61.

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

Corning Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, March 30th. Investors of record on Friday, February 27th were given a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend was Friday, February 27th. Corning’s dividend payout ratio (DPR) is currently 60.87%.

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.