Dai ichi Life Insurance Company Ltd Sells 22,674 Shares of Corning Incorporated $GLW

Posted by Brian Himes on Jul 25th, 2026

Dai ichi Life Insurance Company Ltd decreased its holdings in Corning Incorporated (NYSE:GLW – Free Report) by 20.2% during the 1st quarter, Holdings Channel.com reports. The fund owned 89,334 shares of the electronics maker’s stock after selling 22,674 shares during the quarter. Dai ichi Life Insurance Company Ltd’s holdings in Corning were worth $12,147,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Berbice Capital Management LLC purchased a new stake in shares of Corning during the 4th quarter worth approximately $26,000. Basepoint Wealth LLC bought a new position in shares of Corning in the fourth quarter worth $26,000. MBM Wealth Consultants LLC purchased a new stake in shares of Corning in the first quarter worth about $42,000. Kemnay Advisory Services Inc. purchased a new position in Corning during the fourth quarter worth about $27,000. Finally, Litman Gregory Wealth Management LLC purchased a new position in shares of Corning during the fourth quarter worth about $31,000. Hedge funds and other institutional investors own 69.80% of the company’s stock.

Corning Trading Down 6.1%

Corning stock opened at $146.57 on Friday. The company has a current ratio of 1.61, a quick ratio of 1.06 and a debt-to-equity ratio of 0.62. The business’s fifty day simple moving average is $188.01 and its two-hundred day simple moving average is $155.14. Corning Incorporated has a 12 month low of $54.89 and a 12 month high of $271.78. The company has a market capitalization of $126.14 billion, a price-to-earnings ratio of 70.13, a price-to-earnings-growth ratio of 2.05 and a beta of 1.09.

Corning (NYSE:GLW – Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The electronics maker reported $0.70 earnings per share for the quarter, beating the consensus estimate of $0.69 by $0.01. The firm had revenue of $4.34 billion during the quarter, compared to the consensus estimate of $4.30 billion. Corning had a return on equity of 19.45% and a net margin of 11.09%.The company’s revenue was up 18.1% on a year-over-year basis. During the same period last year, the company earned $0.54 earnings per share. Corning has set its Q2 2026 guidance at 0.730-0.770 EPS. As a group, equities analysts predict that Corning Incorporated will post 3.18 earnings per share for the current fiscal year.

Corning Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 29th. Stockholders of record on Monday, August 31st will be paid a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Monday, August 31st. Corning’s dividend payout ratio is currently 53.59%.

Analyst Ratings Changes

A number of research firms have recently issued reports on GLW. Susquehanna upped their price objective on Corning from $125.00 to $180.00 and gave the stock a “positive” rating in a report on Wednesday, April 29th. Oppenheimer lifted their price target on Corning from $210.00 to $230.00 and gave the stock an “outperform” rating in a research note on Tuesday, July 7th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Corning in a research note on Friday, May 15th. Zacks Research downgraded Corning from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 26th. Finally, Mizuho increased their price target on shares of Corning from $220.00 to $270.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 1st. Ten analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $194.69.

View Our Latest Stock Analysis on Corning

Insider Activity

In related news, SVP Michaune D. Tillman sold 3,260 shares of the firm’s 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 of the company’s stock, valued at $2,106,221.48. This trade represents a 24.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, VP John Z. Zhang sold 10,000 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were sold at an average price of $198.34, for a total value of $1,983,400.00. Following the completion of the transaction, the vice president directly owned 5,138 shares in the company, valued at $1,019,070.92. This trade represents a 66.06% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 160,655 shares of company stock valued at $30,692,560. Company 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.