Capital Investment Counsel Inc Sells 3,100 Shares of Corning Incorporated $GLW

Capital Investment Counsel Inc lessened its holdings in Corning Incorporated (NYSE:GLW) by 9.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 30,400 shares of the electronics maker’s stock after selling 3,100 shares during the period. Capital Investment Counsel Inc’s holdings in Corning were worth $2,662,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Vanguard Group Inc. grew its position in Corning by 0.8% in the third quarter. Vanguard Group Inc. now owns 98,702,639 shares of the electronics maker’s stock valued at $8,096,577,000 after acquiring an additional 750,530 shares during the last quarter. State Street Corp grew its position in Corning by 1.2% in the third quarter. State Street Corp now owns 37,008,856 shares of the electronics maker’s stock valued at $3,035,836,000 after acquiring an additional 439,883 shares during the last quarter. Wellington Management Group LLP grew its position in Corning by 30.3% in the third quarter. Wellington Management Group LLP now owns 16,557,489 shares of the electronics maker’s stock valued at $1,358,211,000 after acquiring an additional 3,848,540 shares during the last quarter. Ameriprise Financial Inc. grew its position in Corning by 8.1% in the second quarter. Ameriprise Financial Inc. now owns 13,763,148 shares of the electronics maker’s stock valued at $724,432,000 after acquiring an additional 1,036,988 shares during the last quarter. Finally, Capital Research Global Investors bought a new position in Corning in the third quarter valued at about $907,164,000. Institutional investors own 69.80% of the company’s stock.

Insider Buying and Selling

In related news, CFO Edward A. Schlesinger sold 21,104 shares of Corning stock in a transaction that occurred on Thursday, January 29th. The stock was sold at an average price of $104.55, for a total value of $2,206,423.20. Following the transaction, the chief financial officer directly owned 54,780 shares of the company’s stock, valued at $5,727,249. The trade was a 27.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Eric S. Musser sold 25,000 shares of Corning stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $110.00, for a total value of $2,750,000.00. Following the completion of the transaction, the insider directly owned 19,926 shares in the company, valued at approximately $2,191,860. This represents a 55.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 233,201 shares of company stock valued at $32,614,558 over the last 90 days. 0.25% of the stock is currently owned by corporate insiders.

Corning Price Performance

Corning stock opened at $171.18 on Monday. The stock’s 50 day moving average is $137.13 and its 200 day moving average is $105.05. 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 firm has a market cap of $147.05 billion, a P/E ratio of 93.03, a P/E/G ratio of 2.69 and a beta of 1.06. Corning Incorporated has a one year low of $40.16 and a one year high of $176.75.

Corning (NYSE:GLW) last posted its quarterly earnings data on Wednesday, January 28th. The electronics maker reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.01. The company had revenue of $4.41 billion for 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%.The firm’s quarterly revenue was up 13.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.57 earnings per share. Corning has set its Q1 2026 guidance at 0.660-0.700 EPS. As a group, research analysts expect that Corning Incorporated will post 2.33 EPS for the current year.

Corning Dividend Announcement

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

Key Headlines Impacting Corning

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

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on the company. Mizuho set a $145.00 target price on Corning in a research report on Monday, February 23rd. Morgan Stanley lifted their target price on Corning from $103.00 to $127.00 and gave the company an “equal weight” rating in a research report on Monday, February 23rd. Weiss Ratings upgraded Corning from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, February 17th. Oppenheimer set a $120.00 target price on Corning in a research report on Thursday, January 29th. Finally, Truist Financial began coverage on Corning in a research note on Tuesday, March 31st. They set a “hold” rating and a $125.00 price target on the stock. Eleven analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $132.08.

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.