Nisa Investment Advisors LLC Trims Position in Corning Incorporated $GLW

Nisa Investment Advisors LLC decreased its position in shares of Corning Incorporated (NYSE:GLW) by 2.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 249,187 shares of the electronics maker’s stock after selling 6,953 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Corning were worth $21,819,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GLW. CVA Family Office LLC raised its stake in Corning by 10.3% during the third quarter. CVA Family Office LLC now owns 1,190 shares of the electronics maker’s stock worth $98,000 after purchasing an additional 111 shares during the period. Angeles Wealth Management LLC grew its stake in shares of Corning by 2.8% in the 3rd quarter. Angeles Wealth Management LLC now owns 4,242 shares of the electronics maker’s stock valued at $348,000 after buying an additional 116 shares during the period. Vista Investment Partners LLC increased its holdings in shares of Corning by 1.3% during the 3rd quarter. Vista Investment Partners LLC now owns 9,496 shares of the electronics maker’s stock worth $779,000 after buying an additional 119 shares during the last quarter. Sapient Capital LLC increased its holdings in shares of Corning by 2.2% during the 3rd quarter. Sapient Capital LLC now owns 5,626 shares of the electronics maker’s stock worth $452,000 after buying an additional 120 shares during the last quarter. Finally, Sivia Capital Partners LLC raised its position in shares of Corning by 1.6% during the 3rd quarter. Sivia Capital Partners LLC now owns 7,740 shares of the electronics maker’s stock valued at $635,000 after buying an additional 124 shares during the period. 69.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Corning

In other Corning news, VP John Z. Zhang sold 1,531 shares of Corning stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $133.75, for a total value of $204,771.25. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Lewis A. Steverson sold 15,366 shares of the business’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $130.22, for a total transaction of $2,000,960.52. Following the sale, the executive vice president owned 3,461 shares in the company, valued at $450,691.42. This trade represents a 81.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 233,201 shares of company stock worth $32,614,558. 0.25% of the stock is owned by corporate insiders.

Key Corning News

Here are the key news stories impacting Corning this week:

• Positive Sentiment: Jim Cramer singled out Corning as “the best one” for the AI and data-center buildout, a high-profile endorsement that can attract retail and momentum buying. Jim Cramer Chooses Corning Incorporated As “The Best One” for AI and Data Center Buildout
• Positive Sentiment: Corning and Meta held a groundbreaking for a significant optical cable manufacturing expansion in Hickory, NC — part of a multiyear, up-to-$6B tie-up to supply AI data-center infrastructure. This is a direct demand catalyst and supports upside to revenue and margins over time. Corning and Meta Celebrate Start of Construction on Cable Manufacturing Expansion in North Carolina to Support AI Buildout
• Positive Sentiment: Zacks highlighted GLW among high-ROE, defensive names to consider amid geopolitical risk, reinforcing an investment narrative around cash efficiency and resiliency. 5 Stocks With High ROE to Buy as Iran War Crisis Refuses to Abate
• Neutral Sentiment: Zacks also ran a sector-performance piece comparing GLW to computer/technology peers; useful context for relative strength but not a direct catalyst. Is Corning (GLW) Stock Outpacing Its Computer and Technology Peers This Year?
• Neutral Sentiment: Coverage in broader market roundups (e.g., 247WallSt) noting momentum despite recent index weakness may support sentiment but is not company-specific news. What Correction? 4 Nasdaq Stocks on a Roll That Still Have More Upside
• Negative Sentiment: Truist initiated coverage with a “hold” rating and a $125 price target, implying downside from current levels and potentially capping near-term upside from institutional flows. Benzinga Coverage: Truist Initiates on Corning

Analysts Set New Price Targets

GLW has been the topic of several analyst reports. Barclays set a $100.00 price target on shares of Corning in a research report on Thursday, January 29th. Citigroup raised their target price on Corning from $120.00 to $170.00 and gave the stock a “buy” rating in a research note on Wednesday, February 25th. Oppenheimer set a $120.00 target price on Corning in a research report on Thursday, January 29th. Fox Advisors lowered Corning from an “overweight” rating to an “equal weight” rating in a research note on Thursday, January 29th. Finally, Morgan Stanley increased 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. Eleven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $132.08.

Corning Stock Performance

NYSE:GLW opened at $135.81 on Wednesday. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.04 and a current ratio of 1.59. The stock has a market capitalization of $116.67 billion, a P/E ratio of 73.81, a PEG ratio of 2.03 and a beta of 1.05. The company has a 50 day moving average price of $128.28 and a 200 day moving average price of $100.78. Corning Incorporated has a fifty-two week low of $37.31 and a fifty-two week high of $162.10.

Corning (NYSE:GLW) last announced 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. Corning had a return on equity of 18.72% and a net margin of 10.21%.The company had revenue of $4.41 billion for the quarter, compared to analyst estimates of $4.35 billion. During the same quarter in the previous year, the company earned $0.57 earnings per share. The firm’s quarterly 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. Equities research analysts forecast that Corning Incorporated will post 2.33 EPS for the current year.

Corning Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 30th. Investors of record on Friday, February 27th were issued a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Friday, February 27th. Corning’s payout ratio is currently 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.