Corning Incorporated $GLW Stock Holdings Reduced by Naples Global Advisors LLC

Naples Global Advisors LLC lessened its stake in shares of Corning Incorporated (NYSE:GLW) by 2.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 227,520 shares of the electronics maker’s stock after selling 6,627 shares during the quarter. Corning comprises about 1.5% of Naples Global Advisors LLC’s holdings, making the stock its 10th biggest holding. Naples Global Advisors LLC’s holdings in Corning were worth $18,663,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in Corning by 1.6% in the second quarter. Vanguard Group Inc. now owns 97,952,109 shares of the electronics maker’s stock valued at $5,151,301,000 after acquiring an additional 1,582,895 shares during the last quarter. State Street Corp lifted its holdings in shares of Corning by 1.4% in the 2nd quarter. State Street Corp now owns 36,568,973 shares of the electronics maker’s stock valued at $1,923,162,000 after purchasing an additional 509,013 shares during the last quarter. Geode Capital Management LLC boosted its position in shares of Corning by 0.6% in the 2nd 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. grew its stake in Corning by 8.1% during the 2nd quarter. Ameriprise Financial Inc. now owns 13,763,148 shares of the electronics maker’s stock worth $724,432,000 after buying an additional 1,036,988 shares during the last quarter. Finally, Norges Bank acquired a new position in Corning during the second quarter worth approximately $534,936,000. 69.80% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on GLW shares. Argus raised their target price on shares of Corning from $68.00 to $110.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Oppenheimer set a $100.00 price objective on shares of Corning and gave the stock an “outperform” rating in a research report on Wednesday, October 29th. Morgan Stanley lifted their price objective on shares of Corning from $82.00 to $98.00 and gave the company an “equal weight” rating in a research note on Wednesday, December 17th. Mizuho set a $97.00 target price on shares of Corning in a research note on Wednesday, October 29th. Finally, Barclays raised their price target on Corning from $65.00 to $83.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 29th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Corning has an average rating of “Moderate Buy” and a consensus target price of $93.36.

Corning Trading Up 0.8%

NYSE GLW opened at $94.30 on Friday. The company has a quick ratio of 1.00, a current ratio of 1.56 and a debt-to-equity ratio of 0.62. The stock has a market capitalization of $80.85 billion, a P/E ratio of 59.68, a P/E/G ratio of 1.15 and a beta of 1.13. Corning Incorporated has a 52-week low of $37.31 and a 52-week high of $96.64. The firm has a 50-day moving average price of $87.40 and a 200 day moving average price of $77.93.

Corning (NYSE:GLW) last released its earnings results on Tuesday, October 28th. The electronics maker reported $0.67 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.66 by $0.01. The company had revenue of $4.10 billion for the quarter, compared to analysts’ expectations of $4.24 billion. Corning had a return on equity of 18.12% and a net margin of 9.16%.The firm’s quarterly revenue was up 20.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.54 EPS. Corning has set its Q4 2025 guidance at 0.680-0.72 EPS. Equities research analysts expect 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: Major channel and customer momentum: coverage highlights Corning’s partnerships with Nvidia, Broadcom and Microsoft and says those relationships could drive a technical breakout as AI data‑center buildouts lift demand for Corning’s optical components. AI Enabler Sparkles And Shines. Now Comes The Main Event.
• Positive Sentiment: Analysts expect earnings growth and a likely beat: previews note Corning has the right mix of revenue drivers (AI, solar, specialty materials) that set up for upside to Q4 results. Corning (GLW) Earnings Expected to Grow: Should You Buy?
• Positive Sentiment: Pre‑earnings optimism on demand mix: another preview flags strong AI, solar and specialty materials momentum and suggests a surprise is possible when Q4 results hit. Is Corning Stock a Smart Buy Ahead of Q4 Earnings Release?
• Positive Sentiment: Fundamental tailwinds but cautious stance: a detailed preview says Gen‑AI demand is real — optical comms growth, possible pricing power and solar (Hemlock) capacity largely sold for 2025 — though the author remains on hold pending clearer earnings durability. Corning Q4 Preview: Gen AI Tailwinds Are Real, But I Need Higher Earnings Power
• Neutral Sentiment: Broker consensus: a roundup shows an average rating around “Moderate Buy,” which supports sentiment but isn’t uniformly bullish. Corning Incorporated (NYSE:GLW) Given Average Rating of “Moderate Buy” by Brokerages
• Neutral Sentiment: Earnings timing: reminders that Corning will release quarterly results this week keep focus on the report as the immediate catalyst. Corning (GLW) to Release Quarterly Earnings on Wednesday
• Neutral Sentiment: Market performance note: the stock has recently risen but still trails some broader market movers, indicating mixed short‑term momentum. Corning Inc. stock rises Wednesday, still underperforms market
• Negative Sentiment: Valuation/case for caution: coverage asks whether it’s too late to buy after an ~83% one‑year rally, flagging valuation risk if growth expectations are already priced in. Is It Too Late To Consider Corning (GLW) After Its 1 Year 83% Rally?

Insiders Place Their Bets

In other Corning news, CFO Edward A. Schlesinger sold 20,893 shares of the business’s stock in a transaction on Friday, October 31st. The shares were sold at an average price of $91.25, for a total transaction of $1,906,486.25. Following the sale, the chief financial officer directly owned 66,959 shares in the company, valued at approximately $6,110,008.75. The trade was a 23.78% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Lewis A. Steverson sold 23,142 shares of the stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $89.05, for a total transaction of $2,060,795.10. Following the completion of the transaction, the executive vice president owned 17,575 shares of the company’s stock, valued at $1,565,053.75. This represents a 56.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 156,135 shares of company stock worth $14,088,769 in the last ninety days. 0.40% of the stock is owned by insiders.

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.