NBC Securities Inc. Increases Position in Corning Incorporated $GLW

NBC Securities Inc. raised its holdings in shares of Corning Incorporated (NYSE:GLW) by 382.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 48,968 shares of the electronics maker’s stock after buying an additional 38,823 shares during the period. NBC Securities Inc.’s holdings in Corning were worth $4,288,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of GLW. Pinpoint Asset Management Singapore Pte. Ltd. purchased a new position in shares of Corning during the third quarter valued at approximately $25,000. Strengthening Families & Communities LLC purchased a new position in shares of Corning during the third quarter valued at approximately $27,000. Cornerstone Planning Group LLC boosted its position in shares of Corning by 58.5% during the third quarter. Cornerstone Planning Group LLC now owns 336 shares of the electronics maker’s stock valued at $30,000 after buying an additional 124 shares during the period. Financial Management Professionals Inc. boosted its position in shares of Corning by 111.1% during the third quarter. Financial Management Professionals Inc. now owns 380 shares of the electronics maker’s stock valued at $31,000 after buying an additional 200 shares during the period. Finally, JPL Wealth Management LLC purchased a new position in shares of Corning during the third quarter valued at approximately $33,000. Hedge funds and other institutional investors own 69.80% of the company’s stock.

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 Ratings Changes

A number of analysts recently issued reports on the company. Oppenheimer set a $120.00 price target on Corning in a report on Thursday, January 29th. Barclays set a $100.00 price target on Corning in a report on Thursday, January 29th. Wall Street Zen upgraded Corning from a “hold” rating to a “buy” rating in a report on Friday, January 23rd. UBS Group boosted their price target on Corning from $125.00 to $160.00 and gave the company a “buy” rating in a report on Friday, February 20th. Finally, Mizuho set a $145.00 price target on Corning in a report on Monday, February 23rd. Ten equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, Corning has a consensus rating of “Moderate Buy” and an average target price of $140.08.

Corning Stock Performance

Shares of NYSE:GLW opened at $169.53 on Friday. The company has a market capitalization of $145.63 billion, a price-to-earnings ratio of 92.13, a price-to-earnings-growth ratio of 2.42 and a beta of 1.06. Corning Incorporated has a 52 week low of $42.00 and a 52 week high of $176.75. 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 firm has a 50 day moving average of $145.59 and a 200 day moving average of $110.15.

Corning (NYSE:GLW) last issued its quarterly earnings data on Wednesday, January 28th. The electronics maker reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.01. The company had revenue of $4.41 billion during the quarter, compared to the consensus estimate of $4.35 billion. Corning had a net margin of 10.21% and a return on equity of 18.72%. Corning’s revenue for the quarter was up 13.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.57 earnings per share. Corning has set its Q1 2026 guidance at 0.660-0.700 EPS. On average, sell-side analysts predict that Corning Incorporated will post 3.15 earnings per share for the current fiscal year.

Corning Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 30th. Investors of record on Friday, February 27th were paid a $0.28 dividend. The ex-dividend date of this dividend 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 60.87%.

Insider Buying and Selling

In related news, SVP Li Fang sold 9,797 shares of the business’s stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $113.51, for a total value of $1,112,057.47. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Wendell P. Weeks sold 137,514 shares of the business’s stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $155.37, for a total transaction of $21,365,550.18. Following the completion of the transaction, the chief executive officer directly owned 750,585 shares of the company’s stock, valued at $116,618,391.45. This trade represents a 15.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 233,201 shares of company stock valued at $32,614,558 over the last ninety days. Company insiders own 0.25% of the company’s stock.

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.