Atlatl Advisers LLC Purchases Shares of 26,106 Corning Incorporated $GLW

Atlatl Advisers LLC acquired a new position in shares of Corning Incorporated (NYSE:GLW) in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 26,106 shares of the electronics maker’s stock, valued at approximately $2,141,000. Corning makes up about 0.9% of Atlatl Advisers LLC’s portfolio, making the stock its 27th biggest holding.

Several other hedge funds also recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in shares of Corning by 1.6% during 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. State Street Corp grew its position in shares of Corning by 1.4% during the second quarter. State Street Corp now owns 36,568,973 shares of the electronics maker’s stock worth $1,923,162,000 after acquiring an additional 509,013 shares during the last quarter. Geode Capital Management LLC increased its stake in Corning by 0.6% in the second quarter. Geode Capital Management LLC now owns 19,443,525 shares of the electronics maker’s stock valued at $1,018,629,000 after purchasing an additional 112,739 shares during the period. Ameriprise Financial Inc. increased its position in Corning by 8.1% in the 2nd quarter. Ameriprise Financial Inc. now owns 13,763,148 shares of the electronics maker’s stock valued at $724,432,000 after acquiring an additional 1,036,988 shares during the period. Finally, Norges Bank acquired a new stake in shares of Corning during the second quarter worth $534,936,000. 69.80% of the stock is currently owned by hedge funds and other institutional investors.

Corning Trading Up 0.2%

Shares of GLW opened at $103.22 on Monday. The stock has a fifty day moving average of $89.93 and a two-hundred day moving average of $80.36. Corning Incorporated has a fifty-two week low of $37.31 and a fifty-two week high of $113.99. The company has a market capitalization of $88.50 billion, a PE ratio of 56.10, a price-to-earnings-growth ratio of 1.79 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 (NYSE:GLW) last issued its 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 business had revenue of $4.41 billion for the quarter, compared to analyst estimates of $4.35 billion. During the same period last year, the company posted $0.57 EPS. The business’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. As a group, analysts forecast that Corning Incorporated will post 2.33 EPS for the current year.

Corning News Summary

Here are the key news stories impacting Corning this week:

• Positive Sentiment: Multiyear Meta agreement (up to $6 billion) boosts revenue visibility for Corning’s optical/data‑center business and underpins planned U.S. manufacturing expansion — a major structural catalyst for demand tied to AI data‑center builds. Can Corning’s Multi-Year AI-Focused Deal With Meta Boost Its Shares?
• Positive Sentiment: Q4 beat and constructive guidance: Corning topped estimates on revenue and EPS, reported strong optical communications growth, and set Q1 EPS guidance that implies continued strength — supports the thesis Corning is an AI/data‑center beneficiary. GLW Q4 earnings beat estimates on strength in optical communication
• Positive Sentiment: Analyst upgrades/target raises (Susquehanna, Citi and others) pushed upside expectations and provided fresh buy‑side ammunition after the earnings/Meta news. These broker actions can sustain buying momentum. GLW price target raised by Susquehanna
• Neutral Sentiment: Positive media/analyst narrative (Zacks, Jim Cramer, others) is reinforcing investor interest in GLW as an AI/momentum trade — helpful context but much of this is now reflected in the rally. Why Corning (GLW) is a Top Momentum Stock for the Long-Term
• Neutral Sentiment: Company guidance (Q1 EPS range) was generally inline-to-slightly constructive — supportive but not a surprise after the Meta deal and Q4 beat. Corning forecasts first-quarter sales above estimates
• Negative Sentiment: Large insider sale by CFO Edward Schlesinger (21,104 shares, ~ $2.2M) — a sizeable reduction in his stake that some investors view as a near‑term bearish signal (though insiders sell for many reasons). Edward Schlesinger Sells 21,104 Shares of Corning
• Negative Sentiment: Smaller insider sale by SVP Michelle Gullo and broader post‑announcement profit‑taking after the stock ran to record highs — explains short‑term pullback/liquidity-driven selling. Form 4 – Michelle L. Gullo
• Negative Sentiment: Coverage noting the stock “slips” after earnings/guidance updates — signals short‑term volatility as traders lock in gains; could keep pressure until momentum stabilizes. Corning slips after Q4 results, guidance updates Springboard plan

Insider Transactions at Corning

In other news, CFO Edward A. Schlesinger sold 21,104 shares of Corning stock in a transaction that occurred on Thursday, January 29th. The shares were 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 $5,727,249. This trade represents a 27.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.32% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

GLW has been the subject of several recent analyst reports. Fox Advisors cut Corning from an “overweight” rating to an “equal weight” rating in a report on Thursday. Morgan Stanley increased their price objective on Corning from $98.00 to $103.00 and gave the stock an “equal weight” rating in a research report on Thursday. Mizuho increased their target price on shares of Corning from $97.00 to $120.00 and gave the company an “outperform” rating in a report on Thursday. Wall Street Zen raised Corning from a “hold” rating to a “buy” rating in a report on Friday, January 23rd. Finally, Citigroup raised their price target on Corning from $102.00 to $120.00 and gave the company a “buy” rating in a research report on Thursday. Nine investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, Corning has a consensus rating of “Moderate Buy” and a consensus price target of $112.36.

Corning 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.