Kiley Juergens Wealth Management LLC Invests $592,000 in Corning Incorporated $GLW

Kiley Juergens Wealth Management LLC bought a new stake in Corning Incorporated (NYSE:GLW) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 4,357 shares of the electronics maker’s stock, valued at approximately $592,000.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Berbice Capital Management LLC acquired a new position in Corning during the fourth quarter valued at approximately $26,000. Basepoint Wealth LLC acquired a new position in shares of Corning during the 4th quarter worth approximately $26,000. Kemnay Advisory Services Inc. bought a new stake in shares of Corning during the 4th quarter worth approximately $27,000. Litman Gregory Wealth Management LLC bought a new stake in shares of Corning during the 4th quarter worth approximately $31,000. Finally, Evolution Wealth Management Inc. boosted its holdings in shares of Corning by 58.8% in the 4th quarter. Evolution Wealth Management Inc. now owns 381 shares of the electronics maker’s stock valued at $33,000 after buying an additional 141 shares during the last quarter. Institutional investors own 69.80% of the company’s stock.

Insider Activity at Corning

In related news, SVP Soumya Seetharam sold 20,000 shares of Corning stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $206.23, for a total transaction of $4,124,600.00. Following the completion of the sale, the senior vice president directly owned 25,570 shares of the company’s stock, valued at approximately $5,273,301.10. This trade represents a 43.89% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Wendell P. Weeks sold 100,000 shares of Corning stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $186.46, for a total value of $18,646,000.00. Following the sale, the chief executive officer directly owned 908,353 shares of the company’s stock, valued at approximately $169,371,500.38. The trade was a 9.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 160,655 shares of company stock valued at $30,692,560. Insiders own 0.25% of the company’s stock.

Corning Price Performance

NYSE:GLW opened at $185.16 on Wednesday. The company has a market cap of $159.35 billion, a P/E ratio of 88.59, a P/E/G ratio of 2.79 and a beta of 1.09. The firm’s fifty day moving average price is $191.28 and its two-hundred day moving average price is $148.25. Corning Incorporated has a one year low of $51.32 and a one year high of $271.78. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.61 and a quick ratio of 1.06.

Corning (NYSE:GLW) last posted its earnings results on Tuesday, April 28th. The electronics maker reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.01. The company had revenue of $4.34 billion during the quarter, compared to analysts’ expectations of $4.30 billion. Corning had a net margin of 11.09% and a return on equity of 19.45%. Corning’s quarterly revenue was up 18.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.54 EPS. Corning has set its Q2 2026 guidance at 0.730-0.770 EPS. Equities analysts expect that Corning Incorporated will post 3.19 earnings per share for the current year.

Corning Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Monday, August 31st will be given a dividend of $0.28 per share. The ex-dividend date is Monday, August 31st. This represents a $1.12 annualized dividend and a yield of 0.6%. Corning’s dividend payout ratio (DPR) is 53.59%.

Analysts Set New Price Targets

A number of brokerages recently weighed in on GLW. Citigroup boosted their target price on shares of Corning from $175.00 to $225.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Morgan Stanley set a $180.00 price target on shares of Corning in a research note on Friday, May 8th. Mizuho lifted their price objective on shares of Corning from $220.00 to $270.00 and gave the company an “outperform” rating in a research report on Wednesday, July 1st. Wall Street Zen downgraded shares of Corning from a “buy” rating to a “hold” rating in a research report on Saturday, June 6th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Corning in a research note on Friday, May 15th. Ten investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $193.54.

Trending Headlines about Corning

Here are the key news stories impacting Corning this week:

• Positive Sentiment: Bank of America raised its price target on Corning to $243 from $223 and reiterated a Buy rating, signaling confidence in upside from current levels. Benzinga report on Bank of America target hike
• Positive Sentiment: Multiple analysts remain bullish, arguing that demand in Corning’s optical networking business is still strong despite the broader AI-related selloff. Barron’s article on AI selloff opportunity
• Positive Sentiment: Analysts also point to Corning’s next-generation automotive glass and ceramic technologies as a longer-term growth driver tied to electric, connected, and autonomous vehicles. Yahoo Finance article on automotive solutions
• Positive Sentiment: Several recent notes describe Corning as a buy-the-dip candidate after its sharp decline from recent highs, suggesting some investors see value in the selloff. MSN article on buying the dip
• Neutral Sentiment: Coverage around Corning’s Q2 preview suggests the company’s optical business could support revenue and EPS near or above guidance, but this is largely an earnings expectation rather than a new catalyst. Yahoo Finance article on Q2 preview
• Negative Sentiment: The stock has been under pressure for several sessions, with reports describing a steep multi-day pullback as investors rotate out of AI-related trades. Invezz article on Corning stock falling

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.