Cookson Peirce & Co. Inc. Trims Stock Position in Corning Incorporated $GLW

Cookson Peirce & Co. Inc. trimmed its stake in shares of Corning Incorporated (NYSE:GLW) by 1.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 965,377 shares of the electronics maker’s stock after selling 11,781 shares during the quarter. Corning makes up 3.2% of Cookson Peirce & Co. Inc.’s holdings, making the stock its 4th biggest holding. Cookson Peirce & Co. Inc.’s holdings in Corning were worth $79,190,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Hartline Investment Corp boosted its position in shares of Corning by 113.2% during the 3rd quarter. Hartline Investment Corp now owns 295,362 shares of the electronics maker’s stock valued at $24,229,000 after purchasing an additional 156,843 shares in the last quarter. Vanguard Group Inc. increased its holdings in Corning by 1.6% in the second quarter. Vanguard Group Inc. now owns 97,952,109 shares of the electronics maker’s stock worth $5,151,301,000 after purchasing an additional 1,582,895 shares in the last quarter. Schroder Investment Management Group lifted its stake in Corning by 638.0% in the second quarter. Schroder Investment Management Group now owns 546,407 shares of the electronics maker’s stock valued at $28,736,000 after buying an additional 472,365 shares during the period. Motley Fool Asset Management LLC boosted its holdings in shares of Corning by 10.5% during the 2nd quarter. Motley Fool Asset Management LLC now owns 44,037 shares of the electronics maker’s stock worth $2,316,000 after buying an additional 4,183 shares in the last quarter. Finally, Caprock Group LLC acquired a new stake in shares of Corning during the 3rd quarter worth approximately $3,355,000. 69.80% of the stock is currently owned by institutional investors.

Corning Price Performance

GLW stock opened at $131.60 on Friday. The company has a market capitalization of $112.83 billion, a P/E ratio of 71.52, a price-to-earnings-growth ratio of 2.30 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. Corning Incorporated has a 52-week low of $37.31 and a 52-week high of $136.83. The business has a 50-day simple moving average of $96.72 and a two-hundred day simple moving average of $84.16.

Corning (NYSE:GLW) last issued its quarterly earnings data on Wednesday, January 28th. The electronics maker reported $0.72 EPS for the quarter, topping the consensus estimate of $0.71 by $0.01. Corning had a return on equity of 18.72% and a net margin of 10.21%.The firm had revenue of $4.41 billion during the quarter, compared to the consensus estimate of $4.35 billion. During the same period in the prior year, the business posted $0.57 earnings per share. The company’s quarterly revenue was up 13.9% compared to the same quarter last year. Corning has set its Q1 2026 guidance at 0.660-0.700 EPS. Research analysts expect that Corning Incorporated will post 2.33 EPS for the current fiscal year.

Corning Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, March 30th. Shareholders 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 yield of 0.9%. Corning’s dividend payout ratio (DPR) is 60.87%.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on the stock. JPMorgan Chase & Co. boosted their target price on shares of Corning from $100.00 to $115.00 and gave the company an “overweight” rating in a research report on Wednesday, January 28th. Argus upped their price objective on shares of 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 research note on Thursday, January 29th. Weiss Ratings downgraded Corning from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, January 27th. Finally, Zacks Research cut Corning from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 21st. Nine research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Corning currently has a consensus rating of “Moderate Buy” and a consensus target price of $112.36.

More Corning News

Here are the key news stories impacting Corning this week:

• Positive Sentiment: Corning reported stronger-than-expected 2025 results and disclosed a roughly $6 billion Meta AI fiber contract, which materially increases near‑term demand for its optical fiber & cable business and was the main catalyst for the recent rally. Corning (GLW) Is Up 13.6% After Strong 2025 Results And $6 Billion Meta AI Fiber Deal
• Positive Sentiment: The board declared a quarterly dividend of $0.28 per share (payable Mar 30; record Feb 27), reinforcing shareholder returns as revenue ramps from AI/telecom projects. Corning Announces Quarterly Dividend
• Positive Sentiment: Market commentary notes an “AI moment” for Corning, with fund inflows into AI‑infrastructure beneficiaries boosting demand for GLW stock beyond the fundamental news. Corning Having Its AI Moment, Drawing Inflows
• Neutral Sentiment: Analysts have raised targets and issued upgrades after results (consensus remains a “Moderate Buy”), but the stock’s valuation now reflects significant growth expectations — important for investors weighing risk/reward. GLW Profile & Analyst Coverage
• Negative Sentiment: Several senior executives sold shares in early February (COO Avery Nelson III executed multiple sales totaling thousands of shares). These high‑profile Form 4 filings have triggered headlines and contributed to near‑term selling pressure. SEC filing (Nelson sale of 6,262): Nelson Form 4
• Negative Sentiment: Other insider sales include EVP Lewis Steverson (15,366 shares) and VP John Z. Zhang (1,531 shares). Multiple filings amplify concerns among short‑term traders about insider timing, even if sales are for diversification or liquidity. Steverson SEC filing: Steverson Form 4 • Zhang SEC filing: Zhang Form 4
• Negative Sentiment: Financial press highlighted the insider selling as a reason for intraday weakness and profit‑taking after the earlier surge. Corning Trading Down 2.5% After Insider Selling

Insider Activity

In related news, EVP Lewis A. Steverson sold 15,366 shares of the business’s stock in a transaction dated Tuesday, February 10th. The shares were sold at an average price of $130.22, for a total transaction of $2,000,960.52. Following the transaction, the executive vice president directly owned 3,461 shares in the company, valued at approximately $450,691.42. The trade was a 81.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Edward A. Schlesinger sold 21,104 shares of the company’s stock in a transaction dated Thursday, January 29th. The stock was sold at an average price of $104.55, for a total transaction of $2,206,423.20. Following the completion of the sale, the chief financial officer directly owned 54,780 shares of the company’s stock, valued at $5,727,249. The trade was a 27.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 95,687 shares of company stock worth $11,249,008. Company insiders own 0.40% of the company’s stock.

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.