SG Americas Securities LLC Raises Holdings in Corning Incorporated $GLW

SG Americas Securities LLC increased its stake in shares of Corning Incorporated (NYSE:GLW) by 15.3% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 618,776 shares of the electronics maker’s stock after acquiring an additional 81,957 shares during the quarter. SG Americas Securities LLC’s holdings in Corning were worth $54,180,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of GLW. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new position in shares of Corning in the third quarter worth $25,000. Strengthening Families & Communities LLC bought a new stake in Corning in the 3rd quarter worth $27,000. Total Investment Management Inc. purchased a new position in shares of Corning in the second quarter valued at about $28,000. Cornerstone Planning Group LLC raised its stake in shares of Corning by 58.5% during the third quarter. Cornerstone Planning Group LLC now owns 336 shares of the electronics maker’s stock valued at $30,000 after acquiring an additional 124 shares during the last quarter. Finally, Financial Management Professionals Inc. raised its stake in shares of Corning by 111.1% during the third quarter. Financial Management Professionals Inc. now owns 380 shares of the electronics maker’s stock valued at $31,000 after acquiring an additional 200 shares during the last quarter. 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: Bank of America upgraded GLW to a “buy” and raised its price target to $155, citing stronger optics demand tied to AI infrastructure, which supports tighter near‑term earnings and multiple expansion. Corning (GLW) Stock Surges 5%+ as BofA Upgrades Target Amid AI Optical Expansion
• Positive Sentiment: Analyst notes and market commentary flagged rising AI demand for Corning’s specialty glass and optical components, prompting a fresh bullish view on near‑term revenue and margin outlook. That analyst-driven optimism helped lift sentiment across the tape. Corning stock jumps 9% as AI demand, analyst boost lift outlook
• Positive Sentiment: Company announcements and analyst commentary highlighted new AI‑focused optical innovations, reinforcing Corning’s positioning in data‑center and optical interconnect markets — a key growth narrative investors are buying into. Why Are Corning (GLW) Shares Soaring Today
• Neutral Sentiment: Jim Cramer mentioned GLW as a name the show’s team owns but advised buying after any pullback rather than adding immediately — a cautious endorsement that may limit immediate retail buying but supports medium‑term interest. Jim Cramer on Corning Incorporated: “We’ll Pick Some Up After the Sell, Not Before”
• Neutral Sentiment: Several retail/independent bull writeups (summarized by financial sites) are circulating a thesis that GLW’s AI exposure could drive multi‑year upside; these posts increase retail interest but are speculative and depend on sustained AI capex. Is Corning Incorporated (GLW) A Good Stock To Buy Now?
• Negative Sentiment: Valuation remains a concern—GLW’s trailing/forward P/E ratios are elevated versus historical levels, which could cap near‑term upside if AI demand disappoints or macro conditions tighten. Investors should weigh growth expectations against the stretched multiple. Is Corning Incorporated (GLW) a good stock to buy now?

Insider Activity

In related news, CEO Wendell P. Weeks sold 137,514 shares of Corning stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $155.37, for a total transaction of $21,365,550.18. Following the completion of the transaction, the chief executive officer directly owned 750,585 shares of the company’s stock, valued at $116,618,391.45. This trade represents a 15.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Lewis A. Steverson sold 15,366 shares of the business’s stock in a transaction dated 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 sale, the executive vice president directly owned 3,461 shares in the company, valued at $450,691.42. The trade was a 81.62% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 233,201 shares of company stock worth $32,614,558. 0.32% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

GLW has been the topic of several recent analyst reports. Citigroup raised their target price on Corning from $120.00 to $170.00 and gave the stock a “buy” rating in a research note on Wednesday, February 25th. Susquehanna upped their price target on Corning from $100.00 to $125.00 and gave the company a “positive” rating in a research report on Thursday, January 29th. Weiss Ratings upgraded Corning from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, February 17th. Fox Advisors lowered Corning from an “overweight” rating to an “equal weight” rating in a research report on Thursday, January 29th. Finally, UBS Group boosted their target price on Corning from $125.00 to $160.00 and gave the company a “buy” rating in a research note on Friday, February 20th. Eleven analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $132.67.

Corning Stock Up 8.5%

Shares of NYSE:GLW opened at $142.13 on Wednesday. The firm has a market capitalization of $122.09 billion, a P/E ratio of 77.24, a P/E/G ratio of 2.07 and a beta of 1.05. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.04 and a current ratio of 1.59. The stock has a 50 day moving average price of $123.91 and a 200-day moving average price of $98.59. Corning Incorporated has a 52-week low of $37.31 and a 52-week high of $162.10.

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 company 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 firm’s revenue was up 13.9% on a year-over-year basis. During the same period in the previous year, the company posted $0.57 earnings per share. Corning has set its Q1 2026 guidance at 0.660-0.700 EPS. As a group, equities research analysts anticipate that Corning Incorporated will post 2.33 EPS for the current fiscal year.

Corning Dividend Announcement

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 issued a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Friday, February 27th. Corning’s payout ratio is 60.87%.

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.