Three Seasons Wealth LLC Makes New $1.75 Million Investment in Corning Incorporated $GLW

Key Points

• Three Seasons Wealth LLC bought a new Q4 stake in Corning (NYSE:GLW) of 19,988 shares valued at about $1.75 million.
• Corning is receiving positive momentum from AI/data-center catalysts—including a manufacturing expansion with Meta tied to an up-to-$6B supply tie-up and high-profile endorsements—and analysts hold a consensus price target of $132.08 as the stock trades higher.
• Meanwhile, insiders sold a total of 233,201 shares worth $32.6 million last quarter, leaving insiders owning only 0.25% of the company.

Three Seasons Wealth LLC bought a new stake in shares of Corning Incorporated (NYSE:GLW - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 19,988 shares of the electronics maker's stock, valued at approximately $1,750,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in Corning by 0.8% in the third quarter. Vanguard Group Inc. now owns 98,702,639 shares of the electronics maker's stock worth $8,096,577,000 after purchasing an additional 750,530 shares during the last quarter. State Street Corp grew its position in Corning by 1.2% in the 3rd quarter. State Street Corp now owns 37,008,856 shares of the electronics maker's stock worth $3,035,836,000 after purchasing an additional 439,883 shares during the period. Wellington Management Group LLP raised its stake in Corning by 30.3% during the 3rd quarter. Wellington Management Group LLP now owns 16,557,489 shares of the electronics maker's stock valued at $1,358,211,000 after buying an additional 3,848,540 shares during the last quarter. Ameriprise Financial Inc. raised 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 valued at $724,432,000 after buying an additional 1,036,988 shares during the last quarter. Finally, Capital Research Global Investors bought a new position in shares of Corning during the 3rd quarter valued at $907,164,000. Hedge funds and other institutional investors own 69.80% of the company's stock.

Analyst Ratings Changes

GLW has been the subject of several research analyst reports. Mizuho set a $145.00 price objective on Corning in a report on Monday, February 23rd. Fox Advisors downgraded Corning from an "overweight" rating to an "equal weight" rating in a report on Thursday, January 29th. Morgan Stanley raised their target price on Corning from $103.00 to $127.00 and gave the stock an "equal weight" rating in a research report on Monday, February 23rd. HSBC restated a "buy" rating and set a $135.00 price target on shares of Corning in a research note on Friday, February 13th. Finally, Oppenheimer set a $120.00 price target on shares of Corning in a research report on Thursday, January 29th. Eleven investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $132.08.

Corning Trading Up 5.6%

NYSE:GLW opened at $135.81 on Wednesday. Corning Incorporated has a one year low of $37.31 and a one year high of $162.10. The business has a fifty day moving average price of $128.28 and a 200-day moving average price of $100.78. The firm has a market capitalization of $116.67 billion, a price-to-earnings ratio of 73.81, a price-to-earnings-growth ratio of 2.03 and a beta of 1.05. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.59 and a quick ratio of 1.04.

Corning (NYSE:GLW - Get Free Report) last released its earnings results on Wednesday, January 28th. The electronics maker reported $0.72 earnings per share for the quarter, beating the consensus estimate 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 the consensus estimate of $4.35 billion. During the same period in the previous year, the business earned $0.57 earnings per share. Corning'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. Sell-side analysts forecast that Corning Incorporated will post 2.33 EPS for the current year.

Corning Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 30th. Stockholders of record on Friday, February 27th were given a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend was Friday, February 27th. Corning's payout ratio is presently 60.87%.

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

Insider Activity at Corning

In related news, CFO Edward A. Schlesinger sold 21,104 shares of the stock in a transaction that occurred on Thursday, January 29th. The shares were sold at an average price of $104.55, for a total value of $2,206,423.20. Following the completion of the sale, the chief financial officer directly owned 54,780 shares of the company's stock, valued at approximately $5,727,249. This represents a 27.81% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Li Fang sold 9,797 shares of the firm's stock in a transaction that occurred on Wednesday, February 4th. The stock was 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 a total of 233,201 shares of company stock worth $32,614,558 in the last quarter. 0.25% of the stock is currently owned by insiders.

Corning 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.

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