TD Waterhouse Canada Inc. Purchases 19,710 Shares of Corning Incorporated $GLW

TD Waterhouse Canada Inc. grew its position in shares of Corning Incorporated (NYSE:GLW) by 22.0% in the third quarter, Holdings Channel reports. The fund owned 109,463 shares of the electronics maker’s stock after buying an additional 19,710 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Corning were worth $9,103,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. REAP Financial Group LLC lifted its position in Corning by 191.5% during the second quarter. REAP Financial Group LLC now owns 516 shares of the electronics maker’s stock valued at $27,000 after purchasing an additional 339 shares during the last quarter. Total Investment Management Inc. bought a new stake in shares of Corning in the 2nd quarter worth about $28,000. Financial Management Professionals Inc. raised its position in shares of Corning by 111.1% during the 3rd quarter. Financial Management Professionals Inc. now owns 380 shares of the electronics maker’s stock valued at $31,000 after buying an additional 200 shares in the last quarter. Twin Peaks Wealth Advisors LLC bought a new position in shares of Corning in the 2nd quarter valued at about $36,000. Finally, Elevation Point Wealth Partners LLC purchased a new position in Corning in the second quarter worth about $38,000. Institutional investors own 69.80% of the company’s stock.

Insider Buying and Selling at Corning

In related news, CFO Edward A. Schlesinger sold 21,104 shares of the business’s stock in a transaction that occurred on Thursday, January 29th. The stock was sold at an average price of $104.55, for a total value of $2,206,423.20. Following the completion of the sale, the chief financial officer owned 54,780 shares in the company, valued at approximately $5,727,249. The trade was a 27.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.40% of the company’s stock.

Corning Stock Down 1.3%

Shares of GLW opened at $102.97 on Friday. The firm has a market capitalization of $88.29 billion, a P/E ratio of 55.96, a P/E/G ratio of 1.83 and a beta of 1.13. Corning Incorporated has a 12-month low of $37.31 and a 12-month high of $113.99. The company has a current ratio of 1.59, a quick ratio of 1.00 and a debt-to-equity ratio of 0.62. The firm has a fifty day moving average price of $89.46 and a 200-day moving average price of $79.63.

Corning (NYSE:GLW) last posted its quarterly earnings results on Wednesday, January 28th. The electronics maker reported $0.72 EPS for the quarter, topping the consensus estimate of $0.71 by $0.01. The company had revenue of $4.41 billion for the quarter, compared to the consensus estimate of $4.35 billion. Corning had a net margin of 10.21% and a return on equity of 18.72%. The firm’s revenue was up 13.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.57 EPS. Corning has set its Q1 2026 guidance at 0.660-0.700 EPS. Equities research analysts expect that Corning Incorporated will post 2.33 earnings per share for the current year.

More Corning News

Here are the key news stories impacting Corning this week:

• Positive Sentiment: Large multiyear agreement with Meta (up to $6B) to accelerate U.S. data?center buildout adds revenue visibility for Corning’s optical business and supports manufacturing expansion. Read More.
• Positive Sentiment: Q4 results beat: $0.72 EPS on $4.41B revenue (optical communications up sharply), and management raised the Springboard plan — fundamentals point to sustained Gen?AI / data?center demand. Read More.
• Positive Sentiment: Several brokers raised targets/ratings (Susquehanna to $125, Citi to $120, JPMorgan to $115), reflecting bullish analyst expectations and providing upside catalysts. Read More.
• Neutral Sentiment: Media and analysts highlight GLW as an AI/data?center beneficiary (Zacks, Jim Cramer commentary urging holders to stay invested) — supportive narrative but already partly priced in after the recent run. Read More.
• Neutral Sentiment: Company issued Q1 2026 EPS guidance of $0.660–0.700 and said Q1 sales should be above estimates — guidance is generally inline-to?slightly constructive but not a surprise. Read More.
• Negative Sentiment: CFO Edward Schlesinger sold 21,104 shares (~$2.2M), reducing his stake by ~28% — an insider sale that some investors interpret as a near?term bearish signal (or simply diversification). Read More.
• Negative Sentiment: After the spike to record highs on the Meta news and earnings, the stock has seen short?term profit?taking and a pullback noted by several outlets — likely the proximate cause of today’s decline. Read More.

Analyst Ratings Changes

A number of brokerages have issued reports on GLW. Wall Street Zen upgraded Corning from a “hold” rating to a “buy” rating in a research report on Friday, January 23rd. Barclays set a $100.00 price target on Corning in a report on Thursday. Morgan Stanley lifted their price objective on shares of Corning from $98.00 to $103.00 and gave the stock an “equal weight” rating in a research note on Thursday. Argus boosted their price objective on shares of Corning from $68.00 to $110.00 and gave the company a “buy” rating in a research report on Wednesday, October 29th. Finally, Zacks Research lowered shares of Corning from a “strong-buy” rating to a “hold” rating in a report on Friday, November 21st. Nine research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Corning presently has an average rating of “Moderate Buy” and an average price target of $110.91.

About Corning

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.