8,180 Shares of Corning Incorporated $GLW Bought by Brian Low Financial Group LLC

Brian Low Financial Group LLC bought a new position in shares of Corning Incorporated (NYSE:GLW) during the third quarter, according to its most recent filing with the SEC. The fund bought 8,180 shares of the electronics maker’s stock, valued at approximately $1,258,000.

Several other institutional investors have also recently made changes to their positions in GLW. Bank of New York Mellon Corp bought a new position in shares of Corning in the second quarter worth approximately $1,510,911,000. State Street Corp grew its position in Corning by 13.4% during the second quarter. State Street Corp now owns 41,108,384 shares of the electronics maker’s stock valued at $10,500,315,000 after buying an additional 4,845,027 shares during the period. Legal & General Group Plc purchased a new stake in Corning in the 2nd quarter worth $1,212,283,000. Wellington Management Group LLP raised its stake in Corning by 50.9% during the second quarter. Wellington Management Group LLP now owns 13,174,194 shares of the electronics maker’s stock valued at $3,365,084,000 after purchasing an additional 4,446,514 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in shares of Corning by 29.2% during the second quarter. Bank of America Corp DE now owns 18,730,616 shares of the electronics maker’s stock valued at $4,784,361,000 after buying an additional 4,231,507 shares during the period. Hedge funds and other institutional investors own 69.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on GLW shares. Mizuho cut their price target on shares of Corning from $210.00 to $180.00 and set an “outperform” rating on the stock in a report on Tuesday, September 15th. UBS Group dropped their price objective on shares of Corning from $201.00 to $192.00 and set a “buy” rating on the stock in a research report on Wednesday. Wall Street Zen raised Corning from a “hold” rating to a “buy” rating in a research report on Saturday, October 10th. Oppenheimer decreased their target price on shares of Corning from $230.00 to $200.00 and set an “outperform” rating for the company in a research note on Wednesday, July 29th. Finally, Bank of America reduced their price objective on Corning from $243.00 to $200.00 and set a “buy” rating for the company in a research report on Wednesday, July 29th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, Corning has a consensus rating of “Moderate Buy” and a consensus price target of $175.81.

Trending Headlines about Corning

Here are the key news stories impacting Corning this week:

• Positive Sentiment: Corning’s third-quarter sales increased roughly 19% year over year, while earnings exceeded estimates. Growth in Optical Communications, improving margins and demand from AI data-center customers supported the results and the company’s outlook. Corning Q3 Sales Jump 19% as AI Optical Demand and Margins Accelerate
• Positive Sentiment: Zacks Research upgraded GLW from “hold” to “strong-buy,” and Truist Financial reaffirmed its “buy” rating. These actions indicate that some analysts continue to view AI-driven photonics growth and stronger execution as attractive catalysts. Zacks Research Stock Recommendations Corning Stock Rating Reaffirmed as Buy by Truist Financial
• Positive Sentiment: Reports highlight completed production expansion and major customer opportunities, although the valuation benefit depends on Corning converting higher demand into sustained profit-margin improvement. Morgan Stanley Report on Corning’s Production Expansion
• Neutral Sentiment: Corning was featured among dividend-growth stocks with solid fundamentals, but the broader article does not represent a company-specific catalyst. Dividend Growth Stocks Article
• Negative Sentiment: Morgan Stanley lowered its expectations for Corning’s stock, while a separate fair-value estimate fell from $189.94 to $182.76. The revisions reflect concerns about elevated valuation, execution risk and whether AI-related growth can justify the stock’s premium multiple. Morgan Stanley Lowers Expectations for Corning Corning Fair Value Edges Lower
• Negative Sentiment: Exchange-traded funds were reported as net sellers of GLW, adding near-term technical pressure. The stock also remains below its 50- and 200-day moving averages, while its high price-to-earnings ratio leaves it vulnerable to further profit-taking. ETFs Are Net Sellers of Corning

Corning Trading Down 4.3%

Shares of Corning stock opened at $123.29 on Friday. The company has a market capitalization of $106.20 billion, a price-to-earnings ratio of 49.92, a P/E/G ratio of 1.59 and a beta of 1.13. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.72 and a quick ratio of 1.24. Corning Incorporated has a 1 year low of $77.39 and a 1 year high of $271.78. The business has a fifty day simple moving average of $147.88 and a two-hundred day simple moving average of $154.97.

Corning (NYSE:GLW) last posted its quarterly earnings results on Tuesday, October 27th. The electronics maker reported $0.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.88 by $0.03. Corning had a net margin of 12.13% and a return on equity of 20.83%. The business had revenue of $5.08 billion for the quarter, compared to analyst estimates of $5.03 billion. During the same quarter last year, the business posted $0.67 EPS. The firm’s revenue for the quarter was up 18.9% on a year-over-year basis. Research analysts forecast that Corning Incorporated will post 3.37 EPS for the current year.

Corning Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, December 11th. Shareholders of record on Friday, November 13th will be paid a $0.28 dividend. The ex-dividend date is Friday, November 13th. This represents a $1.12 annualized dividend and a dividend yield of 0.9%. Corning’s payout ratio is presently 45.34%.

Insider Activity

In related news, EVP Lewis Steverson sold 13,100 shares of the company’s stock in a transaction that occurred on Friday, August 28th. The shares were sold at an average price of $151.29, for a total transaction of $1,981,899.00. Following the sale, the executive vice president directly owned 15,052 shares in the company, valued at approximately $2,277,217.08. This represents a 46.53% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.25% of the stock is currently owned by company insiders.

About Corning

Corning Incorporated (NYSE: GLW) is a technology company that develops and manufactures specialty glass, ceramics and optical-fiber products. Its materials and engineering expertise support communications networks, consumer electronics, automotive systems, life sciences and other industrial applications.

The company’s products include optical fiber, cable and connectivity solutions used in telecommunications infrastructure; glass substrates for televisions, computer monitors and other displays; durable cover glass for mobile devices; emissions-control components for vehicles; laboratory glassware and consumables; and specialized glass and ceramic materials for scientific, industrial and semiconductor applications.

Founded in 1851 and headquartered in Corning, New York, the company serves customers through operations and facilities across North America, Europe, Asia and other international markets.