Corning Incorporated $GLW Shares Sold by V Square Quantitative Management LLC

V Square Quantitative Management LLC lowered its position in Corning Incorporated (NYSE:GLWFree Report) by 53.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,839 shares of the electronics maker’s stock after selling 5,563 shares during the quarter. V Square Quantitative Management LLC’s holdings in Corning were worth $424,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GLW. Lansforsakringar Fondforvaltning AB publ raised 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 in the last quarter. Hartline Investment Corp grew its holdings in 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 acquiring an additional 156,843 shares in the last quarter. Three Seasons Wealth LLC acquired a new position in Corning during the 4th quarter worth $1,750,000. Natixis Advisors LLC increased its position in shares of Corning by 32.1% in 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 last quarter. Finally, Caprock Group LLC bought a new stake in shares of Corning in the 3rd quarter worth about $3,355,000. 69.80% of the stock is owned by hedge funds and other institutional investors.

More Corning News

Here are the key news stories impacting Corning this week:

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Barclays set a $100.00 price target on shares of Corning in a research report on Thursday, January 29th. Wolfe Research set a $130.00 price objective on Corning and gave the company an “outperform” rating in a research note on Tuesday, January 27th. Weiss Ratings raised Corning from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, February 17th. Fox Advisors downgraded Corning from an “overweight” rating to an “equal weight” rating in a report on Thursday, January 29th. Finally, Wall Street Zen raised Corning from a “hold” rating to a “buy” rating in a research report on Friday, January 23rd. Eleven research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Corning has an average rating of “Moderate Buy” and a consensus target price of $132.08.

View Our Latest Stock Report on GLW

Corning Price Performance

Shares of NYSE:GLW opened at $171.18 on Friday. The company has a market cap of $147.05 billion, a PE ratio of 93.03, a P/E/G ratio of 2.66 and a beta of 1.06. Corning Incorporated has a fifty-two week low of $40.16 and a fifty-two week high of $176.75. The firm has a 50-day simple moving average of $137.13 and a 200 day simple moving average of $104.71. The company has a quick ratio of 1.04, a current ratio of 1.59 and a debt-to-equity ratio of 0.62.

Corning (NYSE:GLWGet Free Report) last issued its earnings results on Wednesday, January 28th. The electronics maker reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $0.01. The firm had revenue of $4.41 billion for the quarter, compared to analysts’ expectations of $4.35 billion. Corning had a net margin of 10.21% and a return on equity of 18.72%. Corning’s revenue was up 13.9% on a year-over-year basis. During the same quarter last year, the company posted $0.57 earnings per share. Corning has set its Q1 2026 guidance at 0.660-0.700 EPS. On average, sell-side analysts anticipate that Corning Incorporated will post 2.33 EPS for the current year.

Corning Dividend Announcement

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

Insider Activity

In other Corning news, CFO Edward A. Schlesinger sold 21,104 shares of the stock in a transaction on Thursday, January 29th. The stock was sold at an average price of $104.55, for a total value of $2,206,423.20. Following the sale, the chief financial officer directly owned 54,780 shares of the company’s stock, valued at $5,727,249. This trade represents a 27.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Li Fang sold 9,797 shares of the business’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $113.51, for a total transaction of $1,112,057.47. The SEC filing for this sale provides additional information. Insiders sold 233,201 shares of company stock worth $32,614,558 over the last 90 days. Insiders own 0.25% 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.

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Institutional Ownership by Quarter for Corning (NYSE:GLW)

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