KDT Advisors LLC Has $579,000 Stock Position in Corning Incorporated $GLW

KDT Advisors LLC lowered its holdings in shares of Corning Incorporated (NYSE:GLW) by 34.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 7,055 shares of the electronics maker’s stock after selling 3,685 shares during the quarter. KDT Advisors LLC’s holdings in Corning were worth $579,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of GLW. Strengthening Families & Communities LLC acquired a new stake in shares of Corning in the third quarter worth about $27,000. Total Investment Management Inc. acquired a new position in shares of Corning during the 2nd quarter valued at about $28,000. Cornerstone Planning Group LLC raised its stake in shares of Corning by 58.5% in the 3rd 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 in the last quarter. Financial Management Professionals Inc. lifted its holdings in Corning by 111.1% in the 3rd quarter. Financial Management Professionals Inc. now owns 380 shares of the electronics maker’s stock worth $31,000 after purchasing an additional 200 shares during the last quarter. Finally, Twin Peaks Wealth Advisors LLC bought a new stake in Corning during the second quarter worth approximately $36,000. 69.80% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Corning

In related news, SVP Li Fang sold 9,797 shares of the company’s stock in a transaction on Wednesday, February 4th. The stock was sold at an average price of $113.51, for a total value of $1,112,057.47. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Avery H. Nelson III sold 1,583 shares of the firm’s stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $128.74, for a total value of $203,795.42. Following the completion of the transaction, the chief operating officer directly owned 59,788 shares of the company’s stock, valued at approximately $7,697,107.12. This trade represents a 2.58% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 95,687 shares of company stock valued at $11,249,008 in the last quarter. 0.32% of the stock is currently owned by corporate insiders.

Corning Stock Performance

NYSE GLW opened at $151.39 on Wednesday. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.59 and a quick ratio of 1.04. The firm has a market capitalization of $129.89 billion, a price-to-earnings ratio of 82.28, a P/E/G ratio of 2.52 and a beta of 1.13. The company’s fifty day moving average is $104.26 and its two-hundred day moving average is $88.65. Corning Incorporated has a 52-week low of $37.31 and a 52-week high of $152.91.

Corning (NYSE:GLW) last announced its quarterly earnings data on Wednesday, January 28th. The electronics maker reported $0.72 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analyst estimates of $4.35 billion. During the same quarter in the prior year, the business earned $0.57 earnings per share. The firm’s revenue for the quarter 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 forecast that Corning Incorporated will post 2.33 EPS for the current year.

Corning Announces Dividend

The company also recently disclosed 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 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Friday, February 27th. Corning’s dividend payout ratio (DPR) is presently 60.87%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the stock. HSBC reissued a “buy” rating and issued a $135.00 price target on shares of Corning in a research report on Friday, February 13th. UBS Group raised their target price on shares of Corning from $125.00 to $160.00 and gave the company a “buy” rating in a research note on Friday, February 20th. Zacks Research lowered shares of Corning from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 21st. Fox Advisors cut shares of Corning from an “overweight” rating to an “equal weight” rating in a report on Thursday, January 29th. Finally, Mizuho set a $145.00 price objective on Corning in a research note on Monday. Eleven research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $121.25.

More Corning News

Here are the key news stories impacting Corning this week:

• Positive Sentiment: Major commercial win: Corning announced a multi‑year supply agreement with Meta potentially worth up to $6 billion, validating its role as a critical supplier for AI data‑center fiber demand. From Glass Maker to AI Kingmaker: Corning’s Pivot
• Positive Sentiment: Operational leverage & growth roadmap: Optical Communications posted record growth (segment sales and net income up y/y) and management raised Springboard targets — now aiming for $11B incremental annualized sales by 2028 (up from $8B) and $6.5B by end‑2026 — improving margin and cash‑flow outlook. From Glass Maker to AI Kingmaker: Corning’s Pivot
• Positive Sentiment: Unusually large bullish options activity: Traders bought ~50,325 call options (about +99% vs. typical volume), signaling speculative or institutional conviction in further upside. Stock Traders Purchase High Volume of Call Options on Corning (NYSE:GLW)
• Positive Sentiment: Analyst support: At least one firm boosted GLW’s price target to $160, reflecting raised expectations for revenue and margin expansion tied to AI‑related demand. Corning (NYSE:GLW) Price Target Raised to $160.00
• Positive Sentiment: Sector momentum: Reports attribute gains to hyperscaler / data‑center spending optimism, reinforcing the view that densification will boost fiber demand for years. Corning stock gains on hyperscaler spending optimism
• Neutral Sentiment: Strong price momentum: GLW has posted large short‑term returns (recent 30‑day and YTD gains), attracting attention from momentum investors — this helps liquidity but raises volatility risk. Corning (GLW) Valuation Check After Strong Multi‑Period Share Price Momentum
• Negative Sentiment: Rich valuation: The stock now trades at a materially higher P/E multiple than historical averages (market pricing assumes flawless execution of Springboard and sustained hyperscaler demand), so any execution misstep or slowdown could prompt a sharp re‑rating. From Glass Maker to AI Kingmaker: Corning’s Pivot

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.