Kovitz Investment Group Partners LLC Cuts Holdings in Corning Incorporated $GLW

Kovitz Investment Group Partners LLC reduced its holdings in Corning Incorporated (NYSE:GLW) by 33.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 273,040 shares of the electronics maker’s stock after selling 139,658 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in Corning were worth $22,397,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Lansforsakringar Fondforvaltning AB publ raised its position in Corning by 4.9% in the third quarter. Lansforsakringar Fondforvaltning AB publ now owns 261,749 shares of the electronics maker’s stock worth $21,471,000 after acquiring an additional 12,297 shares in the last quarter. Intrust Bank NA acquired a new position in shares of Corning during the 3rd quarter worth $291,000. Partners in Financial Planning purchased a new position in shares of Corning in the 3rd quarter valued at about $298,000. Advyzon Investment Management LLC acquired a new stake in shares of Corning in the third quarter valued at about $317,000. Finally, Personal CFO Solutions LLC lifted its stake in shares of Corning by 44.8% in the third quarter. Personal CFO Solutions LLC now owns 10,358 shares of the electronics maker’s stock valued at $850,000 after purchasing an additional 3,206 shares during the period. 69.80% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, SVP Li Fang sold 9,797 shares of the company’s stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $113.51, for a total transaction of $1,112,057.47. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CFO Edward A. Schlesinger sold 21,104 shares of the firm’s stock in a transaction that occurred on 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 sale, the chief financial officer owned 54,780 shares in the company, valued at approximately $5,727,249. This trade represents a 27.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 95,687 shares of company stock worth $11,249,008 in the last 90 days. 0.32% of the stock is currently owned by corporate insiders.

Corning News Summary

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 Price Performance

GLW stock opened at $139.53 on Monday. The stock’s 50 day moving average price is $101.83 and its 200 day moving average price is $87.48. The firm has a market cap of $119.71 billion, a P/E ratio of 75.83, a PEG ratio of 2.42 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 1 year low of $37.31 and a 1 year high of $140.27.

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, 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 company had revenue of $4.41 billion during the quarter, compared to the consensus estimate of $4.35 billion. During the same quarter last year, the business posted $0.57 earnings per share. Corning’s 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. On average, sell-side analysts expect that Corning Incorporated will post 2.33 earnings per share for the current fiscal year.

Corning Dividend Announcement

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

Analyst Upgrades and Downgrades

Several research analysts have weighed in on GLW shares. JPMorgan Chase & Co. upped their target price on shares of Corning from $100.00 to $115.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 28th. Weiss Ratings upgraded Corning from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, February 17th. Citigroup raised their price objective on Corning from $102.00 to $120.00 and gave the company a “buy” rating in a research note on Thursday, January 29th. Argus boosted their target price on Corning from $68.00 to $110.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Finally, Barclays set a $100.00 target price on Corning in a report on Thursday, January 29th. Eleven research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $117.17.

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.