Lawood & Co. Purchases Shares of 48,359 Corning Incorporated $GLW

Posted by Geri Gentry on May 16th, 2026

Lawood & Co. purchased a new stake in Corning Incorporated (NYSE:GLW – Free Report) during the 4th quarter, Holdings Channel.com reports. The fund purchased 48,359 shares of the electronics maker’s stock, valued at approximately $4,234,000. Corning makes up 4.0% of Lawood & Co.’s investment portfolio, making the stock its 3rd largest holding.

Several other large investors have also made changes to their positions in GLW. Merit Financial Group LLC grew its holdings in shares of Corning by 16.9% in the 4th quarter. Merit Financial Group LLC now owns 45,001 shares of the electronics maker’s stock worth $3,940,000 after purchasing an additional 6,493 shares during the last quarter. Lansforsakringar Fondforvaltning AB publ grew its holdings in shares of Corning by 4.9% in the 3rd quarter. Lansforsakringar Fondforvaltning AB publ now owns 261,749 shares of the electronics maker’s stock worth $21,471,000 after purchasing an additional 12,297 shares during 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 during the last quarter. Three Seasons Wealth LLC bought a new stake in Corning during the 4th quarter worth about $1,750,000. Finally, Natixis Advisors LLC grew its holdings in Corning by 32.1% during the 3rd quarter. Natixis Advisors LLC now owns 479,921 shares of the electronics maker’s stock worth $39,367,000 after acquiring an additional 116,583 shares during the last quarter. Institutional investors own 69.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on GLW. Zacks Research raised shares of Corning from a “hold” rating to a “strong-buy” rating in a report on Monday, April 27th. HSBC reissued a “buy” rating and set a $135.00 price objective on shares of Corning in a report on Friday, February 13th. Wall Street Zen lowered shares of Corning from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Morgan Stanley set a $180.00 price objective on shares of Corning in a report on Friday, May 8th. Finally, Susquehanna increased their price objective on shares of Corning from $125.00 to $180.00 and gave the stock a “positive” rating in a report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, Corning has an average rating of “Moderate Buy” and an average target price of $177.92.

Read Our Latest Stock Analysis on GLW

Corning Stock Performance

Shares of NYSE:GLW opened at $192.18 on Friday. The company has a market capitalization of $165.40 billion, a price-to-earnings ratio of 91.95, a P/E/G ratio of 2.98 and a beta of 1.14. The firm’s 50 day simple moving average is $156.22 and its 200 day simple moving average is $119.68. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.61 and a quick ratio of 1.06. Corning Incorporated has a fifty-two week low of $47.40 and a fifty-two week high of $211.79.

Corning (NYSE:GLW – Get Free Report) last announced its quarterly earnings results on Tuesday, April 28th. The electronics maker reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.01. The business had revenue of $4.35 billion for the quarter, compared to the consensus estimate of $4.30 billion. Corning had a net margin of 11.09% and a return on equity of 19.45%. Corning’s revenue for the quarter was up 18.1% on a year-over-year basis. During the same period last year, the company posted $0.54 EPS. Corning has set its Q2 2026 guidance at 0.730-0.770 EPS. As a group, sell-side analysts forecast that Corning Incorporated will post 3.19 earnings per share for the current year.

Corning Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Friday, May 29th will be given a $0.28 dividend. This represents a $1.12 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Friday, May 29th. Corning’s dividend payout ratio (DPR) is currently 53.59%.

Insider Activity

In related news, CEO Wendell P. Weeks sold 137,514 shares of the stock in a transaction that occurred on Thursday, February 26th. The shares were sold at an average price of $155.37, for a total value of $21,365,550.18. Following the sale, the chief executive officer directly owned 750,585 shares in the company, valued at $116,618,391.45. This trade represents a 15.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Michaune D. Tillman sold 3,260 shares of the stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $207.02, for a total transaction of $674,885.20. Following the completion of the sale, the senior vice president owned 10,174 shares in the company, valued at $2,106,221.48. This represents a 24.27% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 170,774 shares of company stock valued at $28,148,435. Insiders own 0.25% of the company’s stock.

About Corning

(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.