Kovitz Investment Group Partners LLC Trims Stock Position in Corning Incorporated $GLW

Kovitz Investment Group Partners LLC trimmed its holdings in Corning Incorporated (NYSE:GLW) by 33.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 273,040 shares of the electronics maker’s stock after selling 139,658 shares during the period. Kovitz Investment Group Partners LLC’s holdings in Corning were worth $22,397,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. CVA Family Office LLC grew its holdings in Corning by 10.3% in the third quarter. CVA Family Office LLC now owns 1,190 shares of the electronics maker’s stock valued at $98,000 after purchasing an additional 111 shares during the period. Vista Investment Partners LLC raised its stake in Corning by 1.3% during the third 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 during the period. Sapient Capital LLC boosted its holdings in shares of Corning by 2.2% in the 3rd quarter. Sapient Capital LLC now owns 5,626 shares of the electronics maker’s stock valued at $452,000 after purchasing an additional 120 shares during the last quarter. Sivia Capital Partners LLC grew its stake in shares of Corning by 1.6% during the 3rd quarter. Sivia Capital Partners LLC now owns 7,740 shares of the electronics maker’s stock valued at $635,000 after buying an additional 124 shares during the period. Finally, Cornerstone Planning Group LLC increased its holdings in shares of Corning by 58.5% during the 3rd quarter. Cornerstone Planning Group LLC now owns 336 shares of the electronics maker’s stock worth $30,000 after buying an additional 124 shares during the last quarter. Hedge funds and other institutional investors own 69.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the company. HSBC reiterated a “buy” rating and issued a $135.00 target price on shares of Corning in a report on Friday, February 13th. Wolfe Research set a $130.00 price objective on Corning and gave the company an “outperform” rating in a research note on Tuesday, January 27th. Mizuho boosted their target price on Corning from $97.00 to $120.00 and gave the stock an “outperform” rating in a report on Thursday, January 29th. Barclays set a $100.00 price target on shares of Corning in a report on Thursday, January 29th. Finally, UBS Group lifted their price target on shares of Corning from $125.00 to $160.00 and gave the company a “buy” rating in a research report on Friday. Eleven analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, Corning presently has an average rating of “Moderate Buy” and an average target price of $117.17.

More Corning News

Here are the key news stories impacting Corning this week:

• Positive Sentiment: UBS raised its price target on GLW to $160 and maintained a “buy” rating, giving analysts’ backing to further upside and legitimizing recent gains. UBS raises price target to $160
• Positive Sentiment: Multiple outlets highlight Corning as a beneficiary of the AI infrastructure buildout — demand for fiber, optical interconnects and glass substrate technology is being re-priced into expectations for growth. Corning’s Surprise AI Boom
• Positive Sentiment: Zacks published a piece framing GLW as a strong growth stock based on style scores and momentum, feeding retail and algorithmic interest. Zacks: Here’s Why Corning (GLW) is a Strong Growth Stock
• Neutral Sentiment: Coverage and comparative pieces (e.g., Corning vs. Universal Display) are driving analyst debate about display vs. optical winners — helpful for narrative but not immediate catalysts. Corning vs. Universal Display
• Neutral Sentiment: Benzinga and other outlets note elevated options activity in GLW, which can amplify intraday moves but doesn’t change fundamentals. Options trading trends in Corning
• Negative Sentiment: Insiders sold roughly US$54M of Corning stock, a signal some investors interpret as caution and a reminder to watch insider activity and timing around big rallies. Corning Insiders Sell US$54m Of Stock

Corning Trading Up 7.3%

GLW opened at $139.53 on Monday. The firm’s 50 day moving average is $101.83 and its 200-day moving average is $87.48. Corning Incorporated has a 52-week low of $37.31 and a 52-week high of $140.27. The company has a quick ratio of 1.04, a current ratio of 1.59 and a debt-to-equity ratio of 0.62. The firm has a market capitalization of $119.71 billion, a P/E ratio of 75.83, a P/E/G ratio of 2.42 and a beta of 1.13.

Corning (NYSE:GLW) last announced its 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 business had revenue of $4.41 billion during the quarter, compared to the consensus estimate of $4.35 billion. Corning had a net margin of 10.21% and a return on equity of 18.72%. The business’s quarterly revenue was up 13.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.57 earnings per share. Corning has set its Q1 2026 guidance at 0.660-0.700 EPS. Analysts expect that Corning Incorporated will post 2.33 EPS for the current fiscal year.

Corning Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Friday, February 27th will be paid a dividend of $0.28 per share. The ex-dividend date is Friday, February 27th. This represents a $1.12 annualized dividend and a dividend yield of 0.8%. Corning’s dividend payout ratio (DPR) is currently 60.87%.

Insider Activity at Corning

In other Corning news, EVP Lewis A. Steverson sold 15,366 shares of the firm’s 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 completion of the sale, the executive vice president owned 3,461 shares in the company, valued at $450,691.42. This trade represents a 81.62% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Eric S. Musser sold 15,000 shares of the company’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $130.25, for a total value of $1,953,750.00. Following the completion of the transaction, the insider directly owned 4,926 shares in the company, valued at approximately $641,611.50. The trade was a 75.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 95,687 shares of company stock valued at $11,249,008. 0.32% of the stock is currently owned by insiders.

Corning Company 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.