Hager Investment Management Services LLC Decreases Stake in Corning Incorporated $GLW

Hager Investment Management Services LLC lowered its position in Corning Incorporated (NYSE:GLW) by 7.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 40,392 shares of the electronics maker’s stock after selling 3,216 shares during the quarter. Corning makes up about 1.9% of Hager Investment Management Services LLC’s holdings, making the stock its 13th biggest holding. Hager Investment Management Services LLC’s holdings in Corning were worth $3,537,000 at the end of the most recent reporting period.

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

More Corning News

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 Corning stock opened at $164.95 on Thursday. The firm has a market cap of $141.69 billion, a price-to-earnings ratio of 89.64, a P/E/G ratio of 2.33 and a beta of 1.06. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.59 and a quick ratio of 1.04. Corning Incorporated has a 52-week low of $38.82 and a 52-week high of $165.24. The stock has a 50-day simple moving average of $134.43 and a 200-day simple moving average of $103.61.

Corning (NYSE:GLW) last announced its quarterly earnings results on Wednesday, January 28th. The electronics maker reported $0.72 earnings per share (EPS) for the quarter, beating 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%.The firm’s revenue was up 13.9% on a year-over-year basis. During the same period in the previous year, the company earned $0.57 EPS. Corning has set its Q1 2026 guidance at 0.660-0.700 EPS. On average, equities research analysts expect that Corning Incorporated will post 2.33 earnings per share for the current fiscal year.

Corning Announces Dividend

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 dividend payout ratio (DPR) is presently 60.87%.

Insiders Place Their Bets

In related news, insider Eric S. Musser sold 25,000 shares of the firm’s 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 transaction, the insider directly owned 19,926 shares of the company’s stock, valued at approximately $2,191,860. This trade represents a 55.65% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Edward A. Schlesinger sold 21,104 shares of the firm’s stock in a transaction that occurred on Thursday, January 29th. The shares were sold at an average price of $104.55, for a total value of $2,206,423.20. Following the completion of the transaction, the chief financial officer directly owned 54,780 shares in the company, valued at $5,727,249. The trade was a 27.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 233,201 shares of company stock worth $32,614,558 in the last three months. 0.40% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on GLW. Wall Street Zen upgraded Corning from a “hold” rating to a “buy” rating in a research report on Friday, January 23rd. Oppenheimer set a $120.00 price objective on Corning in a research report on Thursday, January 29th. Susquehanna raised their price objective on Corning from $100.00 to $125.00 and gave the stock a “positive” rating in a research report on Thursday, January 29th. HSBC restated a “buy” rating and set a $135.00 price objective on shares of Corning in a research report on Friday, February 13th. Finally, Bank of America raised their price objective on Corning from $144.00 to $155.00 and gave the stock a “buy” rating in a research report on Monday, March 23rd. Eleven research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $132.08.

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.