Ieq Capital LLC Takes $43.78 Million Position in Corning Incorporated $GLW

Posted by Geri Gentry on Aug 22nd, 2026

Ieq Capital LLC acquired a new position in Corning Incorporated (NYSE:GLW – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The institutional investor acquired 171,416 shares of the electronics maker’s stock, valued at approximately $43,785,000.

Several other large investors have also recently bought and sold shares of the stock. Alliance Wealth Advisors LLC boosted its holdings in Corning by 1.4% in the 2nd quarter. Alliance Wealth Advisors LLC now owns 4,045 shares of the electronics maker’s stock valued at $1,033,000 after purchasing an additional 56 shares during the period. Ares Financial Consulting LLC boosted its holdings in Corning by 15.6% during the second quarter. Ares Financial Consulting LLC now owns 444 shares of the electronics maker’s stock valued at $113,000 after purchasing an additional 60 shares in the last quarter. Signature Equity Partners LLC raised its stake in Corning by 19.3% during the first quarter. Signature Equity Partners LLC now owns 383 shares of the electronics maker’s stock worth $52,000 after acquiring an additional 62 shares in the last quarter. Beirne Wealth Consulting Services LLC grew its stake in Corning by 0.8% during the first quarter. Beirne Wealth Consulting Services LLC now owns 8,045 shares of the electronics maker’s stock worth $1,094,000 after buying an additional 64 shares during the last quarter. Finally, Balefire LLC increased its holdings in shares of Corning by 0.7% during the first quarter. Balefire LLC now owns 9,595 shares of the electronics maker’s stock worth $1,305,000 after buying an additional 65 shares in the last quarter. 69.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Corning

In other Corning news, CEO Wendell P. Weeks sold 100,000 shares of Corning stock in a transaction on Tuesday, June 9th. The shares were 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 owned 908,353 shares of the company’s stock, valued at approximately $169,371,500.38. The trade was a 9.92% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.25% of the company’s stock.

Corning Stock Performance

Shares of NYSE:GLW opened at $149.91 on Friday. The company has a current ratio of 1.81, a quick ratio of 1.24 and a debt-to-equity ratio of 0.59. Corning Incorporated has a 1-year low of $65.09 and a 1-year high of $271.78. The stock has a market capitalization of $129.13 billion, a P/E ratio of 68.45, a P/E/G ratio of 1.94 and a beta of 1.14. The business has a 50-day moving average price of $174.83 and a two-hundred day moving average price of $163.35.

Corning (NYSE:GLW – Get Free Report) last issued its earnings results on Tuesday, July 28th. The electronics maker reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.02. Corning had a net margin of 11.20% and a return on equity of 20.09%. The company had revenue of $4.74 billion for the quarter, compared to analyst estimates of $4.63 billion. During the same quarter last year, the firm earned $0.60 EPS. The company’s revenue for the quarter was up 17.1% on a year-over-year basis. 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 year.

Corning Announces Dividend

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

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on GLW shares. Barclays cut their target price on shares of Corning from $180.00 to $129.00 and set an “equal weight” rating for the company in a research note on Wednesday, July 29th. Wall Street Zen cut Corning from a “strong-buy” rating to a “buy” rating in a report on Sunday, August 16th. Susquehanna lifted their price objective on Corning from $125.00 to $180.00 and gave the company a “positive” rating in a research report on Wednesday, April 29th. Bank of America boosted their price objective on Corning from $223.00 to $243.00 and gave the stock a “buy” rating in a research note on Monday, July 6th. Finally, Citigroup decreased their target price on Corning from $240.00 to $220.00 and set a “buy” rating on the stock in a report on Wednesday, July 29th. Eleven analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $174.08.

Read Our Latest Report on Corning

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.