Corning Incorporated $GLW Shares Sold by CWA Asset Management Group LLC

2026-03-21 06:44:42 ET

CWA Asset Management Group LLC lowered its stake in Corning Incorporated ( NYSE:GLW – Free Report ) by 4.3% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 99,923 shares of the electronics maker’s stock after selling 4,541 shares during the period. CWA Asset Management Group LLC’s holdings in Corning were worth $8,749,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Lansforsakringar Fondforvaltning AB publ lifted its holdings in Corning by 4.9% in the third quarter. Lansforsakringar Fondforvaltning AB publ now owns 261,749 shares of the electronics maker’s stock valued at $21,471,000 after acquiring an additional 12,297 shares during the period. Hartline Investment Corp grew its stake 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 worth $24,229,000 after purchasing an additional 156,843 shares during the period. Natixis Advisors LLC grew its stake in shares of Corning by 32.1% during the 3rd quarter. Natixis Advisors LLC now owns 479,921 shares of the electronics maker’s stock worth $39,367,000 after purchasing an additional 116,583 shares during the period. Schroder Investment Management Group increased its holdings in shares of Corning by 638.0% in the 2nd quarter. Schroder Investment Management Group now owns 546,407 shares of the electronics maker’s stock valued at $28,736,000 after purchasing an additional 472,365 shares in the last quarter. Finally, Caprock Group LLC acquired a new stake in shares of Corning in the third quarter valued at about $3,355,000. Hedge funds and other institutional investors own 69.80% of the company’s stock.

Corning Trading Down 6.3%

Shares of GLW opened at $124.72 on Friday. 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 50 day simple moving average of $122.00 and a 200-day simple moving average of $97.26. Corning Incorporated has a 1-year low of $37.31 and a 1-year high of $162.10. The stock has a market cap of $107.00 billion, a price-to-earnings ratio of 67.78, a price-to-earnings-growth ratio of 2.10 and a beta of 1.05.

Corning ( NYSE:GLW – Get Free Report ) last posted its earnings results on Wednesday, January 28th. The electronics maker reported $0.72 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.71 by $0.01. The firm had revenue of $4.41 billion for the quarter, compared to analyst estimates of $4.35 billion. Corning had a return on equity of 18.72% and a net margin of 10.21%.Corning’s revenue was up 13.9% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.57 EPS. Corning has set its Q1 2026 guidance at 0.660-0.700 EPS. Equities analysts forecast 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. Stockholders of record on Friday, February 27th will be given a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Friday, February 27th. Corning’s dividend payout ratio is currently 60.87%.

Analysts Set New Price Targets

A number of analysts recently commented on GLW shares. UBS Group boosted their price objective on shares of Corning from $125.00 to $160.00 and gave the stock a “buy” rating in a report on Friday, February 20th. HSBC reiterated a “buy” rating and set a $135.00 price target on shares of Corning in a research report on Friday, February 13th. Fox Advisors lowered Corning from an “overweight” rating to an “equal weight” rating in a research note on Thursday, January 29th. Morgan Stanley upped their price target on Corning from $103.00 to $127.00 and gave the stock an “equal weight” rating in a report on Monday, February 23rd. Finally, Susquehanna lifted their price objective on Corning from $100.00 to $125.00 and gave the stock a “positive” rating 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. Based on data from MarketBeat.com, Corning currently has an average rating of “Moderate Buy” and an average price target of $131.75.

Get Our Latest Stock Analysis on GLW

Insiders Place Their Bets

In other Corning news, VP John Z. Zhang sold 1,531 shares of the company’s stock in a transaction dated Thursday, February 12th. The shares were sold at an average price of $133.75, for a total value of $204,771.25. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website . Also, insider Eric S. Musser sold 15,000 shares of the firm’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $130.25, for a total transaction of $1,953,750.00. Following the sale, the insider directly owned 4,926 shares in the company, valued at $641,611.50. This represents a 75.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 233,201 shares of company stock valued at $32,614,558. Insiders own 0.40% of the company’s stock.

Corning Profile

( Free Report )

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.

Further Reading

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