RKL Wealth Management LLC Makes New Investment in Corning Incorporated $GLW

RKL Wealth Management LLC acquired a new position in Corning Incorporated (NYSE:GLW) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 3,800 shares of the electronics maker’s stock, valued at approximately $312,000.

Several other institutional investors have also recently added to or reduced their stakes in GLW. Strengthening Families & Communities LLC purchased a new position in shares of Corning during the third quarter worth $27,000. Total Investment Management Inc. acquired a new position in Corning during the 2nd quarter worth about $28,000. Cornerstone Planning Group LLC boosted its holdings in Corning by 58.5% during 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 during the period. Financial Management Professionals Inc. grew its position in Corning by 111.1% in the 3rd quarter. Financial Management Professionals Inc. now owns 380 shares of the electronics maker’s stock valued at $31,000 after acquiring an additional 200 shares in the last quarter. Finally, Twin Peaks Wealth Advisors LLC acquired a new position in Corning in the 2nd quarter valued at about $36,000. Institutional investors and hedge funds own 69.80% of the company’s stock.

Insiders Place Their Bets

In other news, COO Avery H. Nelson III sold 1,583 shares of the firm’s stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $128.74, for a total transaction of $203,795.42. Following the transaction, the chief operating officer directly owned 59,788 shares in the company, valued at approximately $7,697,107.12. This trade represents a 2.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, VP John Z. Zhang sold 1,531 shares of the company’s stock in a transaction on Thursday, February 12th. The shares were sold at an average price of $133.75, for a total transaction of $204,771.25. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 95,687 shares of company stock worth $11,249,008. Corporate insiders own 0.40% of the company’s stock.

Analyst Ratings Changes

A number of research analysts recently weighed in on the stock. Weiss Ratings upgraded shares of Corning from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, February 17th. UBS Group upped their price objective on Corning from $125.00 to $160.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. Wall Street Zen upgraded Corning from a “hold” rating to a “buy” rating in a report on Friday, January 23rd. Mizuho set a $145.00 target price on Corning in a research note on Monday. Finally, Susquehanna increased their price target on Corning from $100.00 to $125.00 and gave the company a “positive” rating in a research 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 stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $125.42.

Key Corning News

Here are the key news stories impacting Corning this week:

• Positive Sentiment: Major AI/data‑center demand and a large Meta agreement underpin the re‑rating of Corning as an AI infrastructure supplier — the narrative shift from “glass maker” to critical optical‑fiber provider (densification of GPU clusters drives outsized fiber demand). What’s Behind Corning Stock’s 200% Rally?
• Positive Sentiment: Analyst upgrades and price‑target increases are boosting buying momentum — Citigroup raised its target to $170 and several outlets reported upgrades that coincide with intraday strength. Corning (NYSE:GLW) Trading 4% Higher After Analyst Upgrade
• Positive Sentiment: Unusually large call‑option volume (roughly double typical daily call activity) points to heightened bullish positioning from traders and possibly institutions, which can amplify short‑term upside. Stock Traders Purchase High Volume of Call Options on Corning (NYSE:GLW)
• Neutral Sentiment: Strong quarterly results, Springboard margin leverage and upgraded multi‑year sales targets underpin the longer‑term bull thesis, but these are execution‑dependent (management has raised targets and early results show margin expansion). From Glass Maker to AI Kingmaker: Corning’s Pivot
• Negative Sentiment: Valuation and momentum risk: the stock now trades at a material premium to historical multiples (market is pricing flawless execution), raising the risk of sharp pullbacks if growth or Meta demand expectations slip. What’s Behind Corning Stock’s 200% Rally?

Corning Stock Performance

Shares of GLW opened at $160.09 on Thursday. The company has a market capitalization of $137.35 billion, a price-to-earnings ratio of 87.01, a price-to-earnings-growth ratio of 2.62 and a beta of 1.13. Corning Incorporated has a 52-week low of $37.31 and a 52-week high of $162.10. The company has a quick ratio of 1.04, a current ratio of 1.59 and a debt-to-equity ratio of 0.62. The stock has a 50 day moving average price of $105.76 and a 200 day moving average price of $89.15.

Corning (NYSE:GLW) last issued its quarterly earnings data 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 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 the consensus estimate of $4.35 billion. During the same quarter in the previous year, the firm earned $0.57 EPS. The company’s revenue was up 13.9% compared to the same quarter last year. Corning has set its Q1 2026 guidance at 0.660-0.700 EPS. Research analysts predict that Corning Incorporated will post 2.33 EPS for the current fiscal year.

Corning Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, March 30th. Stockholders of record on Friday, February 27th will be given a dividend of $0.28 per share. The ex-dividend date is Friday, February 27th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 0.7%. Corning’s payout ratio is 60.87%.

About Corning

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.