Donoghue Forlines LLC Cuts Position in Corning Incorporated $GLW

Posted by Brian Himes on May 15th, 2026

Donoghue Forlines LLC decreased its holdings in Corning Incorporated (NYSE:GLW – Free Report) by 16.0% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 24,332 shares of the electronics maker’s stock after selling 4,648 shares during the quarter. Donoghue Forlines LLC’s holdings in Corning were worth $2,131,000 as of its most recent filing with the SEC.

Other large investors also recently bought and sold shares of the company. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in Corning in the third quarter valued at $25,000. Strengthening Families & Communities LLC acquired a new stake in Corning in the third quarter valued at $27,000. Cornerstone Planning Group LLC grew its holdings in Corning by 58.5% in the third quarter. Cornerstone Planning Group LLC now owns 336 shares of the electronics maker’s stock valued at $30,000 after purchasing an additional 124 shares during the last quarter. JPL Wealth Management LLC acquired a new stake in Corning in the third quarter valued at $33,000. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new stake in Corning in the fourth quarter valued at $35,000. Institutional investors and hedge funds own 69.80% of the company’s stock.

Corning Stock Up 0.8%

GLW opened at $208.07 on Friday. The company has a quick ratio of 1.06, a current ratio of 1.61 and a debt-to-equity ratio of 0.62. The firm has a market cap of $179.07 billion, a P/E ratio of 99.55, a PEG ratio of 2.96 and a beta of 1.14. Corning Incorporated has a 52 week low of $46.83 and a 52 week high of $211.79. The business’s fifty day simple moving average is $155.27 and its 200 day simple moving average is $119.17.

Corning (NYSE:GLW – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The electronics maker reported $0.70 EPS 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 analyst estimates of $4.30 billion. Corning had a return on equity of 19.45% and a net margin of 11.09%.The business’s revenue for the quarter was up 18.1% compared to the same quarter last year. During the same quarter 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 research analysts anticipate that Corning Incorporated will post 3.19 EPS for the current fiscal year.

Corning Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 29th. Investors of record on Friday, May 29th will be paid a dividend of $0.28 per share. The ex-dividend date of this dividend is Friday, May 29th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 0.5%. Corning’s dividend payout ratio (DPR) is presently 53.59%.

Insiders Place Their Bets

In other Corning news, CEO Wendell P. Weeks sold 137,514 shares of the firm’s 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 sale, the chief executive officer directly owned 750,585 shares of the company’s stock, valued at approximately $116,618,391.45. This trade represents a 15.48% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Michaune D. Tillman sold 3,260 shares of the firm’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $207.02, for a total value of $674,885.20. Following the completion of the sale, the senior vice president directly owned 10,174 shares in the company, valued at approximately $2,106,221.48. The trade was a 24.27% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 170,774 shares of company stock valued at $28,148,435 in the last quarter. Corporate insiders own 0.25% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have weighed in on GLW. HSBC reissued a “buy” rating and issued a $135.00 target price on shares of Corning in a report on Friday, February 13th. JPMorgan Chase & Co. upped their target price on Corning from $175.00 to $185.00 and gave the company a “neutral” rating in a report on Thursday, May 7th. Wall Street Zen lowered Corning from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Citigroup upped their target price on Corning from $175.00 to $225.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Finally, Bank of America upped their target price on Corning from $155.00 to $186.00 and gave the company a “buy” rating in a report on Monday, April 20th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, Corning currently has an average rating of “Moderate Buy” and an average target price of $177.92.

Read Our Latest Analysis on GLW

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.