Zacks Research Comments on Corning’s Q4 Earnings (NYSE:GLW)

Corning Incorporated (NYSE:GLW) – Equities researchers at Zacks Research lowered their Q4 2025 earnings estimates for shares of Corning in a report issued on Wednesday, February 19th. Zacks Research analyst R. Department now anticipates that the electronics maker will post earnings per share of $0.61 for the quarter, down from their previous estimate of $0.62. The consensus estimate for Corning’s current full-year earnings is $2.33 per share.

Corning (NYSE:GLW) last issued its quarterly earnings data on Wednesday, January 29th. The electronics maker reported $0.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.56 by $0.01. Corning had a net margin of 3.86% and a return on equity of 15.10%.

Several other research analysts have also recently issued reports on GLW. Oppenheimer reaffirmed an “outperform” rating and set a $58.00 target price (up previously from $51.00) on shares of Corning in a research report on Wednesday, October 30th. HSBC upgraded shares of Corning from a “hold” rating to a “buy” rating and upped their target price for the stock from $51.00 to $60.00 in a research note on Thursday, January 30th. StockNews.com lowered shares of Corning from a “buy” rating to a “hold” rating in a research report on Tuesday. Citigroup upped their price objective on shares of Corning from $55.00 to $58.00 and gave the stock a “buy” rating in a research report on Tuesday, January 21st. Finally, UBS Group lifted their target price on shares of Corning from $46.00 to $51.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 30th. Four equities research analysts have rated the stock with a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Corning currently has an average rating of “Moderate Buy” and an average price target of $53.00.

Corning Price Performance

GLW stock opened at $49.73 on Monday. The company has a market capitalization of $42.59 billion, a P/E ratio of 85.74, a price-to-earnings-growth ratio of 1.50 and a beta of 1.03. Corning has a 52-week low of $30.72 and a 52-week high of $55.33. The business has a 50-day simple moving average of $50.01 and a two-hundred day simple moving average of $46.93. The company has a debt-to-equity ratio of 0.62, a quick ratio of 1.07 and a current ratio of 1.62.

Corning Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Shareholders of record on Friday, February 28th will be issued a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a yield of 2.25%. The ex-dividend date is Friday, February 28th. Corning’s dividend payout ratio (DPR) is 193.10%.

Insiders Place Their Bets

In other news, COO Eric S. Musser sold 30,000 shares of Corning stock in a transaction dated Friday, January 31st. The shares were sold at an average price of $51.92, for a total value of $1,557,600.00. Following the completion of the transaction, the chief operating officer now owns 152,944 shares in the company, valued at $7,940,852.48. This trade represents a 16.40 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Michael Alan Bell sold 2,209 shares of the company’s stock in a transaction that occurred on Thursday, January 30th. The shares were sold at an average price of $49.87, for a total transaction of $110,162.83. The disclosure for this sale can be found here. Company insiders own 0.40% of the company’s stock.

Hedge Funds Weigh In On Corning

Several hedge funds have recently made changes to their positions in the stock. Allspring Global Investments Holdings LLC grew its holdings in Corning by 7.2% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 40,214 shares of the electronics maker’s stock valued at $1,816,000 after buying an additional 2,702 shares in the last quarter. International Assets Investment Management LLC grew its stake in Corning by 1,780.0% during the third quarter. International Assets Investment Management LLC now owns 248,009 shares of the electronics maker’s stock valued at $11,198,000 after acquiring an additional 234,817 shares in the last quarter. Hennion & Walsh Asset Management Inc. bought a new stake in Corning during the 3rd quarter worth approximately $269,000. CENTRAL TRUST Co boosted its holdings in Corning by 29.9% in the 3rd quarter. CENTRAL TRUST Co now owns 7,716 shares of the electronics maker’s stock valued at $348,000 after purchasing an additional 1,775 shares during the period. Finally, Dakota Wealth Management grew its position in shares of Corning by 280.5% during the 3rd quarter. Dakota Wealth Management now owns 41,479 shares of the electronics maker’s stock valued at $1,873,000 after purchasing an additional 30,578 shares in the last quarter. 69.80% of the stock is currently owned by hedge funds and other institutional investors.

About Corning

Corning Incorporated engages in the display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses in the United States and internationally. The company's Display Technologies segment offers glass substrates for flat panel displays, including liquid crystal displays and organic light-emitting diodes that are used in televisions, notebook computers, desktop monitors, tablets, and handheld devices.