Corning (NYSE:GLW) COO Avery Nelson III Sells 6,262 Shares

Corning Incorporated (NYSE:GLW) COO Avery Nelson III sold 6,262 shares of the business’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $129.79, for a total value of $812,744.98. Following the completion of the transaction, the chief operating officer directly owned 61,371 shares in the company, valued at approximately $7,965,342.09. This represents a 9.26% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Corning Price Performance

Shares of GLW stock opened at $133.03 on Thursday. Corning Incorporated has a 52 week low of $37.31 and a 52 week high of $134.39. The stock has a market capitalization of $114.06 billion, a PE ratio of 72.30, a PEG ratio of 2.22 and a beta of 1.13. 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’s fifty day moving average is $95.80 and its 200-day moving average is $83.83.

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, topping the consensus estimate of $0.71 by $0.01. Corning had a net margin of 10.21% and a return on equity of 18.72%. The business had revenue of $4.41 billion for the quarter, compared to the consensus estimate of $4.35 billion. During the same quarter in the prior year, the company earned $0.57 EPS. The firm’s quarterly revenue was up 13.9% on a year-over-year basis. Corning has set its Q1 2026 guidance at 0.660-0.700 EPS. Equities research analysts expect that Corning Incorporated will post 2.33 EPS for the current fiscal year.

Corning Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Friday, February 27th will be given 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 dividend payout ratio is presently 60.87%.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. Susquehanna boosted their price objective on shares of Corning from $100.00 to $125.00 and gave the stock a “positive” rating in a research report on Thursday, January 29th. Citigroup lifted their target price on Corning from $102.00 to $120.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Barclays set a $100.00 target price on Corning in a research report on Thursday, January 29th. JPMorgan Chase & Co. upped their price target on Corning from $100.00 to $115.00 and gave the company an “overweight” rating in a research note on Wednesday, January 28th. Finally, Mizuho lifted their price objective on Corning from $97.00 to $120.00 and gave the stock an “outperform” rating in a research report on Thursday, January 29th. Nine research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Corning currently has a consensus rating of “Moderate Buy” and a consensus target price of $112.36.

Corning News Summary

Here are the key news stories impacting Corning this week:

• Positive Sentiment: Corning reported strong 2025 results and disclosed a roughly $6 billion Meta AI fiber deal that directly boosts demand for its optical fiber and cable business — the headline driver behind the rally. The earnings release also showed revenue growth and an EPS beat that supports the upside. Read More.
• Positive Sentiment: The Board declared a quarterly dividend of $0.28 per share (payable Mar 30; record Feb 27), which reinforces shareholder returns as the company scales sales into AI/telecom projects. Read More.
• Positive Sentiment: Market commentary highlights Corning’s “AI moment,” with inflows into funds owning GLW as investors reposition toward AI infrastructure beneficiaries. This momentum helps amplify the stock reaction to the Meta deal and earnings. Read More.
• Neutral Sentiment: Analysts have been raising targets and reiterating buy/outperform views after results (Mizuho, JPMorgan upgrades noted), but consensus price targets still vary; the stock’s valuation sits well above historical norms, reflecting future-growth expectations. Read More.
• Negative Sentiment: Multiple insiders (COO Avery Nelson III, EVP Lewis Steverson and Eric Musser) sold shares in early February. Large insider sales can be perceived negatively even if they’re routine or for diversification/liquidity. SEC filings: Nelson. Read More.
• Negative Sentiment: Steverson’s significant reduction in holdings was disclosed and may be noted by short-term traders. SEC filing: Steverson. Read More.
• Negative Sentiment: Eric Musser sold 15,000 shares; another insider sale that could draw attention despite the stronger company fundamentals. SEC filing: Musser. Read More.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the stock. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in shares of Corning during the third quarter worth $25,000. Berbice Capital Management LLC bought a new position in Corning during the fourth quarter worth about $26,000. Basepoint Wealth LLC acquired a new position in shares of Corning during the 4th quarter worth about $26,000. Strengthening Families & Communities LLC acquired a new position in shares of Corning during the 3rd quarter worth about $27,000. Finally, Total Investment Management Inc. bought a new stake in shares of Corning in the 2nd quarter valued at about $28,000. Institutional investors and hedge funds own 69.80% of the company’s stock.

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.