<div id="readability-page-1"><p>Great Diamond Partners LLC lifted its position in shares of  Corning Incorporated (NYSE:GLW - Free Report) by 384.3% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor  owned 15,983 shares of the electronics maker's stock after buying an additional 12,683 shares during the quarter. Great Diamond Partners LLC's holdings in Corning were worth $1,399,000 as of its most recent SEC filing.</p><ul><li>MarketBeat Week in Review – 05/04 - 05/08</li></ul><p>Other hedge funds and other institutional investors also recently modified their holdings of the company. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in shares of  Corning during the third quarter worth $25,000.  Berbice Capital Management LLC acquired a new stake in shares of  Corning during the fourth quarter worth $26,000.  Strengthening Families &amp; Communities LLC acquired a new stake in shares of  Corning during the third quarter worth $27,000.  Cornerstone Planning Group LLC lifted its holdings in shares of  Corning by 58.5% during the third quarter. Cornerstone Planning Group LLC now owns 336 shares of the electronics maker's stock worth $30,000 after buying an additional 124 shares in the last quarter.  Finally, JPL Wealth Management LLC acquired a new stake in shares of  Corning during the third quarter worth $33,000. Institutional investors and hedge funds own  69.80% of the company's stock. </p><h2>Insiders Place Their Bets</h2><p>In other Corning news, CEO Wendell P. Weeks sold 137,514 shares of Corning 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 transaction, the chief executive officer owned 750,585 shares in the company, valued at $116,618,391.45. The trade was a 15.48% decrease in their ownership of the stock. The transaction 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 Corning stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $207.02, for a total value of $674,885.20. Following the completion of the transaction, the senior vice president owned 10,174 shares in the company, valued at approximately $2,106,221.48. This represents a 24.27% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 170,774 shares of company stock worth $28,148,435. Insiders own  0.25% of the company's stock. </p><h2>Corning Stock Up 2.7%</h2><ul><li>Light Speed Returns: Corning Cashes In on NVIDIA Growth</li></ul><p>GLW stock opened at $180.60 on Thursday. The company has a market cap of $155.43 billion, a PE ratio of 86.41, a price-to-earnings-growth ratio of 2.52 and a beta of 1.14. The business has a 50-day simple moving average of $159.19 and a 200 day simple moving average of $121.78. Corning Incorporated has a 52 week low of $47.67 and a 52 week high of $211.79. The company has a quick ratio of 1.06, a current ratio of 1.61 and a debt-to-equity ratio of 0.62. </p><p>Corning (NYSE:GLW - Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The electronics maker reported $0.70 EPS for the quarter, beating analysts' consensus estimates of $0.69 by $0.01. Corning had a return on equity of 19.45% and a net margin of 11.09%.The business had revenue of $4.35 billion during the quarter, compared to the consensus estimate of $4.30 billion. During the same quarter in the previous year, the firm earned $0.54 earnings per share. Corning's revenue for the quarter was up 18.1% compared to the same quarter last year. Corning has set its Q2 2026 guidance at 0.730-0.770 EPS.  Sell-side analysts anticipate that  Corning Incorporated will post 3.19 EPS for the current fiscal year. </p><h2>Corning Dividend Announcement</h2><ul><li>MarketBeat Week in Review – 04/27 - 05/01</li></ul><p>The firm also recently announced a quarterly dividend, which will be paid on Monday, June 29th. Shareholders 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 yield of 0.6%. The ex-dividend date is Friday, May 29th. Corning's payout ratio is currently 53.59%. </p><h2>Corning News Summary</h2><p>Here are the key news stories impacting Corning this week:</p><ul>   <li><span>Positive Sentiment: </span>Analysts and market commentary say Corning is benefiting from a surge in AI data center and high-speed network demand, with Optical Communications sales jumping 36% to $1.85 billion. <i></i><span>Can Rising Demand for Fiber Optics Solutions Drive Corning's Growth?</span></li>   <li><span>Positive Sentiment: </span>Reports say Corning is expanding its role in AI infrastructure through multi-year optical connectivity agreements, a broad partnership with Nvidia, and plans to increase U.S. optical connectivity manufacturing capacity tenfold. <i></i><span>Corning Leans Into AI Infrastructure Growth As Valuation And Risks Stand Out</span></li>   <li><span>Positive Sentiment: </span>Coverage around Corning’s Q1 report says the results made clear how important glass and fiber are becoming to AI infrastructure, reinforcing the company’s growth narrative. <i></i><span>Who Knew Glass Was So Important to AI? Corning’s (GLW) Q1 Report Made It Clear</span></li>   <li><span>Positive Sentiment: </span>Zacks highlighted Corning as a strong growth stock, adding to the upbeat sentiment around the shares. <i></i><span>Here's Why Corning (GLW) is a Strong Growth Stock</span></li>   <li><span>Neutral Sentiment: </span>Corning’s presentation at the J.P. Morgan Technology, Media and Communications Conference did not include a clear new catalyst in the headline available here, so it appears more informational than market-moving. <i></i><span>Corning Incorporated (GLW) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript</span></li>   <li><span>Negative Sentiment: </span>Some commentary notes that Corning’s valuation and execution risks are starting to stand out, suggesting investors may be weighing how much of the AI growth story is already priced in. <i></i><span>Corning Leans Into AI Infrastructure Growth As Valuation And Risks Stand Out</span></li> </ul><h2>Analysts Set New Price Targets</h2><p>GLW has been the subject of a number of research reports. Wolfe Research  set a $130.00 target price on Corning and gave the stock an &#34;outperform&#34; rating in a report on Tuesday, January 27th. Mizuho lifted their target price on Corning from $190.00 to $220.00 and gave the stock an &#34;outperform&#34; rating in a report on Tuesday, May 12th. UBS Group lifted their target price on Corning from $179.00 to $223.00 and gave the stock a &#34;buy&#34; rating in a report on Thursday, May 7th. Susquehanna boosted their price target on Corning from $125.00 to $180.00 and gave the company a &#34;positive&#34; rating in a research note on Wednesday, April 29th. Finally, Citigroup boosted their price target on Corning from $175.00 to $225.00 and gave the company a &#34;buy&#34; rating in a research note on Thursday, May 7th. One analyst  has rated the stock with a Strong Buy rating, ten have assigned  a Buy rating and five have issued  a Hold rating to the company. According to MarketBeat, the company currently has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $177.92.</p><p><b>Get Our Latest Research Report on Corning</b></p><h2>About Corning</h2> (Free Report)<p>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.  </p><p>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.</p><h2>See Also</h2><ul><li>Five stocks we like better than Corning</li><li>The Palantir Paradox—Record Numbers and a Stock That Won't Cooperate</li><li>TJX Companies Fires on All Cylinders With 9% Revenue Growth</li><li>From Zepbound to Foundayo: Lilly's Latest Results Support Oral GLP-1 Outlook</li><li>AI Consolidation Begins: Blackstone &amp; Google Forge an AI Empire</li></ul><p><strong>Want to see what other hedge funds are holding GLW?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Corning Incorporated (NYSE:GLW - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUdMVw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUdMVw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Corning Right Now?</h2><p>Before you consider Corning, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Corning wasn't on the list.</p><p>While Corning currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Great Diamond Partners LLC increased its stake in Corning Incorporated (NYSE:GLW) by 384.3% in Q4, owning 15,983 shares valued at $1.40 million. Other institutional investors also modified their holdings. CEO Wendell P. Weeks sold 137,514 shares, reducing his ownership by 15.48%. Corning's stock rose 2.7%, with a market cap of $155.43 billion and a recent EPS of $0.70, beating estimates. The company announced a quarterly dividend of $0.28, with a yield of 0.6%. Analysts expect Corning to post 3.19 EPS for the fiscal year.</p>

Great Diamond Partners LLC Has $1.40 Million Stock Position in Corning Incorporated $GLW