NBC Securities Inc. Acquires 38,823 Shares of Corning Incorporated $GLW

NBC Securities Inc. raised its holdings in shares of Corning Incorporated (NYSE:GLW) by 382.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 48,968 shares of the electronics maker’s stock after acquiring an additional 38,823 shares during the quarter. NBC Securities Inc.’s holdings in Corning were worth $4,288,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of GLW. Brighton Jones LLC raised its holdings in Corning by 46.0% during the fourth quarter. Brighton Jones LLC now owns 6,705 shares of the electronics maker’s stock valued at $319,000 after acquiring an additional 2,114 shares during the period. Retirement Planning Co of New England Inc. bought a new stake in Corning during the first quarter valued at about $729,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Corning by 9.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 64,704 shares of the electronics maker’s stock worth $2,962,000 after purchasing an additional 5,522 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in shares of Corning in the second quarter worth about $401,000. Finally, Schnieders Capital Management LLC. bought a new stake in shares of Corning in the second quarter worth about $266,000. 69.80% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CEO Wendell P. Weeks sold 137,514 shares of Corning stock in a transaction dated Thursday, February 26th. The stock was sold at an average price of $155.37, for a total value of $21,365,550.18. Following the completion of the transaction, the chief executive officer owned 750,585 shares in the company, valued at approximately $116,618,391.45. This trade represents a 15.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Lewis A. Steverson sold 15,366 shares of Corning stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $130.22, for a total value of $2,000,960.52. Following the completion of the transaction, the executive vice president owned 3,461 shares of the company’s stock, valued at approximately $450,691.42. This represents a 81.62% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 233,201 shares of company stock valued at $32,614,558 in the last quarter. 0.25% of the stock is currently owned by insiders.

Key Corning News

Here are the key news stories impacting Corning this week:

• Positive Sentiment: Morgan Stanley raised its price target on Corning to $140 (from $127) and cited continuing strength in optical stocks — a vote of confidence for the fiber/optics story that supports demand assumptions for Corning’s connectivity businesses. Note: the firm kept an Equal Weight rating. Morgan Stanley Lifts Corning (GLW) PT to $140 as Optical Stocks Hit New Highs
• Positive Sentiment: Zacks and other analyst write-ups highlight Corning among names likely to beat Q1 estimates, driven by AI/cloud/data‑center demand for fiber, optical components and related glass products — supportive near‑term earnings expectations. The Zacks Analyst Blog Sandisk, Monolithic Power Systems, Garmin and Corning
• Positive Sentiment: Sector pieces name GLW as a communication/connection play likely to benefit from fiber densification, 5G rollouts and cloud buildouts — reinforcing longer‑cycle demand visibility for Corning’s comms-related segments. 3 Communication Stocks Likely Benefit Despite Geopolitical Unrest
• Positive Sentiment: Zacks included Corning on a list of dividend growers to consider amid geopolitical uncertainty — underscores income-investor appeal alongside growth from optical/data-center exposure. 5 Dividend Growth Stocks to Buy Amid Extended US Ceasefire With Iran
• Neutral Sentiment: Preview pieces and countdowns to Corning’s Q1 report are circulating, highlighting key metrics beyond EPS/revenue that investors will watch (segment trends, fiber demand, optical pricing). These are informational ahead of results. Countdown to Corning (GLW) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS
• Neutral Sentiment: Market commentary (including a piece on Jim Cramer and JPMorgan’s coverage) is drawing attention to differing media/analyst views — useful for sentiment but not a direct fundamental driver. Jim Cramer’s Hurt By JPMorgan’s Coverage of Corning (GLW) Stock
• Negative Sentiment: A Yahoo Finance piece asks whether it’s too late to buy after Corning’s huge run (nearly 292% over 1 year and very strong YTD performance), highlighting valuation/stretch risk and the possibility of profit‑taking if Q1 guidance or forward commentary disappoints. Is It Too Late To Consider Corning (GLW) After Its Huge 1-Year Share Price Surge?

Analyst Upgrades and Downgrades

GLW has been the topic of several research reports. Barclays set a $100.00 target price on Corning in a report on Thursday, January 29th. HSBC reaffirmed a “buy” rating and issued a $135.00 target price on shares of Corning in a report on Friday, February 13th. Mizuho set a $145.00 target price on Corning in a report on Monday, February 23rd. Susquehanna lifted their target price on Corning from $100.00 to $125.00 and gave the stock a “positive” rating in a report on Thursday, January 29th. Finally, Morgan Stanley lifted their target price on Corning from $127.00 to $140.00 and gave the stock an “equal weight” rating in a report on Monday. Ten investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, Corning has an average rating of “Moderate Buy” and an average target price of $140.08.

Corning Trading Up 0.5%

GLW opened at $169.53 on Friday. The firm has a market cap of $145.63 billion, a P/E ratio of 92.13, a P/E/G ratio of 2.42 and a beta of 1.06. Corning Incorporated has a 12 month low of $42.00 and a 12 month high of $176.75. The company has a current ratio of 1.59, a quick ratio of 1.04 and a debt-to-equity ratio of 0.62. The stock has a 50-day moving average of $145.59 and a 200 day moving average of $110.15.

Corning (NYSE:GLW) last released its quarterly earnings results on Wednesday, January 28th. The electronics maker reported $0.72 EPS for the quarter, topping the consensus estimate of $0.71 by $0.01. The company had revenue of $4.41 billion during 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%.The firm’s revenue was up 13.9% on a year-over-year basis. During the same quarter last year, the business posted $0.57 earnings per share. Corning has set its Q1 2026 guidance at 0.660-0.700 EPS. As a group, research analysts forecast that Corning Incorporated will post 3.15 EPS for the current year.

Corning Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, March 30th. Investors of record on Friday, February 27th were given a $0.28 dividend. The ex-dividend date was Friday, February 27th. This represents a $1.12 annualized dividend and a yield of 0.7%. Corning’s dividend payout ratio (DPR) 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.