Corning Incorporated $GLW Shares Sold by Foresight Capital Management Advisors Inc.

Foresight Capital Management Advisors Inc. trimmed its holdings in shares of Corning Incorporated (NYSE:GLW) by 5.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 62,058 shares of the electronics maker’s stock after selling 3,834 shares during the period. Corning comprises 2.9% of Foresight Capital Management Advisors Inc.’s holdings, making the stock its 9th largest position. Foresight Capital Management Advisors Inc.’s holdings in Corning were worth $5,434,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of GLW. Pinpoint Asset Management Singapore Pte. Ltd. bought a new stake in shares of Corning in the 3rd quarter valued at about $25,000. Strengthening Families & Communities LLC bought a new stake in shares of Corning in the 3rd quarter valued at about $27,000. Cornerstone Planning Group LLC raised its holdings in shares of Corning by 58.5% in the 3rd quarter. Cornerstone Planning Group LLC now owns 336 shares of the electronics maker’s stock valued at $30,000 after purchasing an additional 124 shares during the period. Financial Management Professionals Inc. raised its holdings in shares of Corning by 111.1% in the 3rd quarter. Financial Management Professionals Inc. now owns 380 shares of the electronics maker’s stock valued at $31,000 after purchasing an additional 200 shares during the period. Finally, JPL Wealth Management LLC bought a new stake in shares of Corning in the 3rd quarter valued at about $33,000. 69.80% of the stock is owned by institutional investors.

Corning News Summary

Here are the key news stories impacting Corning this week:

• Positive Sentiment: Technical/bullish note — FXEmpire says the AI‑led surge (shares up >100% YTD) has paused near a record high and a measured pullback looks like a resumption opportunity for the bull trend; this frames near‑term weakness as a potential buying window. Corning (GLW) Price Forecast: Bull Trend Pauses Near Record High
• Positive Sentiment: Institutional accumulation theme — FXEmpire highlights long‑term, large institutional flows into GLW, supporting continued demand from “big money” investors and signaling confidence in Corning’s strategy. See Why Big Money Keeps Buying Corning
• Positive Sentiment: Analyst upgrade/target increase from Bank of America — BofA raised its price target to $186 with a Buy rating, implying material upside from current levels and providing analyst support for the rally. Bank of America raises price target to $186
• Positive Sentiment: Earnings setup — Zacks previews next week’s report and says Corning has the mix of factors that typically produce an earnings beat, which could reinforce the valuation if results and guidance align. Corning (GLW) Reports Next Week: Wall Street Expects Earnings Growth
• Neutral Sentiment: Strategic positioning — A presentation at the International Semiconductor Industry Group Symposium showcased Corning’s advanced optics for semiconductor manufacturing; useful for longer‑term narrative but not an immediate revenue inflection. Is Corning’s (GLW) Advanced Optics Push Subtly Reframing Its Semiconductor Positioning Narrative?
• Negative Sentiment: Analyst caution — Morgan Stanley raised its price target to $140 but kept an “equal weight” rating, implying downside vs. current levels; that gives some analyst‑level resistance to further multiple expansion. Morgan Stanley raises PT to $140, Equal Weight

Insider Transactions at Corning

In other Corning news, SVP Li Fang sold 9,797 shares of the stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $113.51, for a total value of $1,112,057.47. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Lewis A. Steverson sold 15,366 shares of the stock in a transaction that occurred on Tuesday, February 10th. The stock was sold at an average price of $130.22, for a total transaction of $2,000,960.52. Following the transaction, the executive vice president owned 3,461 shares in the company, valued at approximately $450,691.42. The trade was a 81.62% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 233,201 shares of company stock worth $32,614,558. 0.25% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on GLW shares. Wolfe Research set a $130.00 target price on shares of Corning and gave the company an “outperform” rating in a report on Tuesday, January 27th. Oppenheimer set a $120.00 target price on shares of Corning in a report on Thursday, January 29th. UBS Group upped their target price on shares of Corning from $125.00 to $160.00 and gave the company a “buy” rating in a report on Friday, February 20th. JPMorgan Chase & Co. cut shares of Corning from an “overweight” rating to a “neutral” rating and upped their target price for the company from $115.00 to $175.00 in a report on Thursday, April 16th. Finally, Fox Advisors cut shares of Corning from an “overweight” rating to an “equal weight” rating in a report on Thursday, January 29th. Ten equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, Corning presently has a consensus rating of “Moderate Buy” and a consensus price target of $140.08.

Corning Stock Down 0.1%

Corning stock opened at $165.26 on Wednesday. The stock has a market cap of $141.96 billion, a P/E ratio of 89.82, a P/E/G ratio of 2.55 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 twelve month low of $41.22 and a twelve month high of $176.75. The company’s 50-day moving average price is $144.12 and its two-hundred day moving average price is $109.32.

Corning (NYSE:GLW) last released its quarterly earnings results on Wednesday, January 28th. The electronics maker reported $0.72 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.01. The firm had revenue of $4.41 billion for the quarter, compared to analysts’ expectations of $4.35 billion. Corning had a net margin of 10.21% and a return on equity of 18.72%. The business’s revenue was up 13.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.57 EPS. Corning has set its Q1 2026 guidance at 0.660-0.700 EPS. As a group, analysts expect that Corning Incorporated will post 3.14 EPS for the current year.

Corning Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 30th. Shareholders of record on Friday, February 27th were issued a $0.28 dividend. 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 is currently 60.87%.

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.