City Holding Co. Purchases 4,329 Shares of Corning Incorporated $GLW

City Holding Co. boosted its stake in shares of Corning Incorporated (NYSE:GLW) by 30.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,388 shares of the electronics maker’s stock after buying an additional 4,329 shares during the quarter. City Holding Co.’s holdings in Corning were worth $1,610,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. CVA Family Office LLC lifted its holdings in Corning by 10.3% during the 3rd quarter. CVA Family Office LLC now owns 1,190 shares of the electronics maker’s stock valued at $98,000 after buying an additional 111 shares in the last quarter. Angeles Wealth Management LLC lifted its holdings in Corning by 2.8% during the 3rd quarter. Angeles Wealth Management LLC now owns 4,242 shares of the electronics maker’s stock valued at $348,000 after buying an additional 116 shares in the last quarter. Vista Investment Partners LLC lifted its holdings in Corning by 1.3% during the 3rd quarter. Vista Investment Partners LLC now owns 9,496 shares of the electronics maker’s stock valued at $779,000 after buying an additional 119 shares in the last quarter. Sapient Capital LLC lifted its holdings in Corning by 2.2% during the 3rd quarter. Sapient Capital LLC now owns 5,626 shares of the electronics maker’s stock valued at $452,000 after buying an additional 120 shares in the last quarter. Finally, Sivia Capital Partners LLC lifted its holdings in Corning by 1.6% during the 3rd quarter. Sivia Capital Partners LLC now owns 7,740 shares of the electronics maker’s stock valued at $635,000 after buying an additional 124 shares in the last quarter. Institutional investors own 69.80% of the company’s stock.

Corning News Summary

Here are the key news stories impacting Corning this week:

• Positive Sentiment: Unusually large call‑option volume signals short‑term bullish positioning from traders, which can amplify intraday/near‑term upside. Investors Buy High Volume of Call Options on Corning (NYSE:GLW)
• Positive Sentiment: Analyst price‑target raises (Mizuho and BofA among those lifting targets) reinforce optimism on earnings momentum and industry positioning. Corning (GLW) Gets Price Target Boost from Mizuho and BofA
• Positive Sentiment: UBS reiterated a Buy rating and a ~$171 price target after meeting industry contacts at OFC, supporting the thesis that Corning benefits from fiber/optics demand. Here’s What UBS Has to Say About ​Corning Incorporated (GLW)
• Positive Sentiment: Zacks upgraded GLW to a Buy (Rank #2), signaling improving earnings expectations and helping attract momentum investors. Corning (GLW) Upgraded to Buy: Here’s What You Should Know
• Positive Sentiment: Longer‑term thematic bulls view Corning as an infrastructure play tied to AI, data center buildouts and fiber expansion—supporting conviction beyond near‑term moves. Corning: One Of The Most Intriguing Infrastructure Plays
• Neutral Sentiment: Recent Q4/earnings coverage shows a small EPS beat and double‑digit revenue growth versus peers; fundamentals are solid but some gains appear priced in. Q4 Earnings Highlights: Corning (NYSE:GLW) Vs The Rest Of The Electronic Components Stocks
• Neutral Sentiment: Analyst commentary and news roundups explain the move higher but note much of the positive outlook is already reflected in the stock—so short‑term gains may depend on continued execution. What’s going on with Corning stock Thursday?
• Negative Sentiment: Coverage warns valuation is extended after the run; investors caution against treating GLW like a high‑growth tech multiple despite AI tailwinds. Corning: Great Company Amid AI Boom, But Don’t Value It Like A Hot Tech Stock
• Negative Sentiment: Articles highlighting two major risks — stretched valuation and execution/cyclicality risks — suggest pullbacks are possible if growth or margins decelerate. Soaring Corning stock price faces two major risks
• Negative Sentiment: Analyses questioning whether recent momentum has outpaced fundamentals raise the risk of sentiment‑driven volatility. Is Corning (GLW) Now Overvalued After Its Strong Recent Share Price Momentum

Corning Trading Up 0.8%

NYSE:GLW opened at $171.18 on Friday. Corning Incorporated has a one year low of $40.16 and a one year high of $176.75. 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 firm has a market cap of $147.05 billion, a P/E ratio of 93.03, a P/E/G ratio of 2.66 and a beta of 1.06. The firm has a 50-day simple moving average of $137.13 and a 200-day simple moving average of $104.71.

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

Corning Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 30th. Stockholders of record on Friday, February 27th were issued a $0.28 dividend. The ex-dividend date was Friday, February 27th. This represents a $1.12 annualized dividend and a dividend yield of 0.7%. Corning’s payout ratio is currently 60.87%.

Insiders Place Their Bets

In other news, EVP Lewis A. Steverson sold 15,366 shares of Corning stock in a transaction that occurred on Tuesday, February 10th. The shares were sold at an average price of $130.22, for a total value of $2,000,960.52. Following the transaction, the executive vice president owned 3,461 shares of the company’s stock, valued at $450,691.42. The trade was a 81.62% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Wendell P. Weeks sold 137,514 shares of Corning stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $155.37, for a total transaction of $21,365,550.18. Following the completion of the transaction, the chief executive officer directly owned 750,585 shares in the company, valued at approximately $116,618,391.45. The trade was a 15.48% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 233,201 shares of company stock worth $32,614,558. 0.25% of the stock is owned by corporate insiders.

Analyst Ratings Changes

GLW has been the subject of a number of research analyst reports. Truist Financial initiated coverage on shares of Corning in a report on Tuesday, March 31st. They set a “hold” rating and a $125.00 price objective for the company. Wall Street Zen upgraded shares of Corning from a “hold” rating to a “buy” rating in a report on Friday, January 23rd. Oppenheimer set a $120.00 price objective on shares of Corning in a report on Thursday, January 29th. Morgan Stanley lifted their price objective on shares of Corning from $103.00 to $127.00 and gave the company an “equal weight” rating in a report on Monday, February 23rd. Finally, UBS Group boosted their price target on shares of Corning from $125.00 to $160.00 and gave the company a “buy” rating in a report on Friday, February 20th. Eleven investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $132.08.

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.