Green Alpha Advisors LLC Buys Shares of 26,236 Corning Incorporated $GLW

Posted by Francis Steltz on Aug 22nd, 2026

Green Alpha Advisors LLC purchased a new stake in Corning Incorporated (NYSE:GLW – Free Report) in the 2nd quarter, HoldingsChannel.com reports. The institutional investor purchased 26,236 shares of the electronics maker’s stock, valued at approximately $6,702,000. Corning makes up 4.5% of Green Alpha Advisors LLC’s investment portfolio, making the stock its 4th largest holding.

A number of other hedge funds and other institutional investors have also made changes to their positions in GLW. Security National Bank raised its stake in shares of Corning by 340.4% in the 4th quarter. Security National Bank now owns 72,523 shares of the electronics maker’s stock valued at $6,350,000 after acquiring an additional 56,056 shares during the period. Herbst Group LLC purchased a new position in shares of Corning during the 2nd quarter worth approximately $4,474,000. Principal Financial Group Inc. boosted its position in shares of Corning by 1.2% during the 1st quarter. Principal Financial Group Inc. now owns 893,451 shares of the electronics maker’s stock worth $121,483,000 after purchasing an additional 10,591 shares during the period. Wealthfront Advisers LLC increased its holdings in Corning by 36.2% in the 1st quarter. Wealthfront Advisers LLC now owns 92,425 shares of the electronics maker’s stock valued at $12,567,000 after purchasing an additional 24,589 shares during the last quarter. Finally, Atlas Wealth LLC increased its holdings in Corning by 137.8% in the 1st quarter. Atlas Wealth LLC now owns 12,076 shares of the electronics maker’s stock valued at $1,642,000 after purchasing an additional 6,998 shares during the last quarter. Institutional investors and hedge funds own 69.80% of the company’s stock.

Corning Trading Down 1.0%

Shares of NYSE:GLW opened at $149.91 on Friday. Corning Incorporated has a 52 week low of $65.09 and a 52 week high of $271.78. The company’s 50 day moving average is $174.83 and its two-hundred day moving average is $163.35. The company has a current ratio of 1.81, a quick ratio of 1.24 and a debt-to-equity ratio of 0.59. The company has a market cap of $129.13 billion, a PE ratio of 68.45, a P/E/G ratio of 1.94 and a beta of 1.14.

Corning (NYSE:GLW – Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The electronics maker reported $0.78 earnings per share for the quarter, beating analysts’ consensus estimates of $0.76 by $0.02. The business had revenue of $4.74 billion for the quarter, compared to analyst estimates of $4.63 billion. Corning had a net margin of 11.20% and a return on equity of 20.09%. The company’s revenue was up 17.1% on a year-over-year basis. During the same period last year, the business earned $0.60 EPS. Corning has set its Q3 2026 guidance at 0.850-0.890 EPS. Equities analysts predict that Corning Incorporated will post 3.27 earnings per share for the current fiscal year.

Corning Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 29th. Shareholders of record on Monday, August 31st will be paid a $0.28 dividend. The ex-dividend date is Monday, August 31st. This represents a $1.12 dividend on an annualized basis and a yield of 0.7%. Corning’s dividend payout ratio (DPR) is currently 51.14%.

Insiders Place Their Bets

In other Corning news, CEO Wendell P. Weeks sold 100,000 shares of Corning stock in a transaction dated Tuesday, June 9th. The stock was sold at an average price of $186.46, for a total transaction of $18,646,000.00. Following the completion of the sale, the chief executive officer directly owned 908,353 shares of the company’s stock, valued at $169,371,500.38. The trade was a 9.92% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.25% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

GLW has been the topic of a number of research reports. Weiss Ratings upgraded Corning from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, August 7th. Zacks Research cut Corning from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 26th. Citigroup cut their price objective on Corning from $240.00 to $220.00 and set a “buy” rating on the stock in a report on Wednesday, July 29th. Bank of America boosted their price objective on Corning from $223.00 to $243.00 and gave the company a “buy” rating in a report on Monday, July 6th. Finally, Truist Financial upgraded Corning from a “hold” rating to a “buy” rating and lowered their target price for the company from $205.00 to $175.00 in a report on Sunday, August 2nd. Eleven research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Corning has an average rating of “Moderate Buy” and a consensus target price of $174.08.

View Our Latest Analysis on GLW

Corning Company 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.