Savvy Advisors Inc. Buys Shares of 4,471 Corning Incorporated $GLW

Savvy Advisors Inc. purchased a new position in shares of Corning Incorporated (NYSE:GLW) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,471 shares of the electronics maker’s stock, valued at approximately $367,000.

A number of other large investors also recently modified their holdings of the company. Norges Bank acquired a new position in Corning in the 2nd quarter worth about $534,936,000. WCM Investment Management LLC acquired a new position in shares of Corning in the third quarter valued at approximately $676,931,000. Voya Investment Management LLC raised its holdings in Corning by 748.0% in the 3rd quarter. Voya Investment Management LLC now owns 3,169,741 shares of the electronics maker’s stock valued at $260,014,000 after buying an additional 2,795,948 shares during the last quarter. Raymond James Financial Inc. boosted its position in Corning by 93.0% during the 2nd quarter. Raymond James Financial Inc. now owns 3,407,608 shares of the electronics maker’s stock worth $179,206,000 after buying an additional 1,641,558 shares during the period. Finally, Vanguard Group Inc. grew its holdings in Corning by 1.6% during the 2nd quarter. Vanguard Group Inc. now owns 97,952,109 shares of the electronics maker’s stock worth $5,151,301,000 after acquiring an additional 1,582,895 shares during the last quarter. 69.80% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently issued reports on GLW. Morgan Stanley raised their price target on shares of Corning from $98.00 to $103.00 and gave the company an “equal weight” rating in a research note on Thursday, January 29th. Argus increased their price objective on Corning from $68.00 to $110.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Barclays set a $100.00 target price on Corning in a report on Thursday, January 29th. HSBC reissued a “buy” rating and issued a $135.00 price target on shares of Corning in a research note on Friday. Finally, Wolfe Research set a $130.00 price objective on Corning and gave the stock an “outperform” rating in a research note on Tuesday, January 27th. Ten research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $114.25.

More Corning News

Here are the key news stories impacting Corning this week:

• Positive Sentiment: Optical Communications strength: Corning generated roughly $6.3B in revenue from Optical Communications in 2025, up ~35% year‑over‑year — a core driver of revenue and margin upside. GLW Rides on Solid Traction in Optical Communication
• Positive Sentiment: Major commercial win with Meta: Disclosure of a multi‑billion dollar (reported ~ $6B) Meta AI fiber contract and stronger 2025 results are the headline catalysts lifting demand expectations for Corning’s fiber business. Corning Is Up After Strong 2025 Results And $6 Billion Meta AI Fiber Deal
• Positive Sentiment: AI infrastructure momentum and analyst support: Market commentators and fund flows into AI‑infrastructure names have amplified GLW’s rally; several analysts have raised targets or reiterated buy/outperform views. AI Deals Drives Corning (GLW) Shares Up 50% In 2026
• Positive Sentiment: Dividend affirmed: Corning declared a quarterly dividend of $0.28 (payable Mar 30; record Feb 27), which supports cash-return expectations as AI/telecom revenues ramp. Corning Announces Quarterly Dividend
• Neutral Sentiment: Valuation and consensus: Analyst coverage is constructive (consensus = Moderate Buy), but GLW’s PE and forward multiples now price significant growth — important when sizing positions. GLW Profile & Analyst Coverage
• Negative Sentiment: Insider selling flagged: Multiple Form 4 filings show sizable sales by senior executives (COO Avery Nelson III, EVP Lewis Steverson, VP John Zhang). Those transactions have triggered short‑term selling headlines. Nelson Form 4 Steverson Form 4 Zhang Form 4
• Negative Sentiment: Short‑term profit‑taking: Financial press pointed to insider sales as a reason for intraday weakness following the rally, even as fundamentals remain strong. Corning Trading Down After Insider Selling

Corning Stock Up 1.5%

Shares of NYSE:GLW opened at $133.52 on Monday. Corning Incorporated has a 1 year low of $37.31 and a 1 year high of $136.82. 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 business’s 50-day moving average is $97.68 and its 200-day moving average is $85.02. The company has a market capitalization of $114.55 billion, a price-to-earnings ratio of 72.56, a P/E/G ratio of 2.31 and a beta of 1.13.

Corning (NYSE:GLW) last issued 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 firm 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 company’s revenue was up 13.9% compared to the same quarter last year. 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. Equities research analysts predict that Corning Incorporated will post 2.33 earnings per share for the current year.

Corning Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, March 30th. Shareholders of record on Friday, February 27th will be paid a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Friday, February 27th. Corning’s payout ratio is 60.87%.

Insider Transactions at Corning

In other Corning news, COO Avery H. Nelson III sold 1,583 shares of the stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $128.74, for a total value of $203,795.42. Following the transaction, the chief operating officer owned 59,788 shares in the company, valued at approximately $7,697,107.12. This represents a 2.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP John Z. Zhang sold 1,531 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $133.75, for a total value of $204,771.25. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 95,687 shares of company stock valued at $11,249,008. 0.32% of the stock is owned by insiders.

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.