Corning Incorporated $GLW Shares Purchased by TD Waterhouse Canada Inc.

21 Apr 2026, 09:22 by Jessica Moore · The Cerbat Gem

TD Waterhouse Canada Inc. boosted its stake in shares of Corning Incorporated (NYSE:GLW – Free Report) by 20.0% in the 4th quarter, Holdings Channel reports. The fund owned 131,357 shares of the electronics maker’s stock after buying an additional 21,894 shares during the period. TD Waterhouse Canada Inc.’s holdings in Corning were worth $11,503,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of the stock. Pinpoint Asset Management Singapore Pte. Ltd. acquired a new stake in shares of Corning during the 3rd quarter worth approximately $25,000. Strengthening Families & Communities LLC acquired a new position in shares of Corning in the 3rd quarter valued at $27,000. Cornerstone Planning Group LLC boosted its holdings in 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. Financial Management Professionals Inc. grew its position in Corning by 111.1% during the third 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 during the period. Finally, JPL Wealth Management LLC purchased a new position in Corning in the third quarter valued at $33,000. Hedge funds and other institutional investors own 69.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on GLW. Wall Street Zen upgraded shares of Corning from a “hold” rating to a “buy” rating in a research report on Friday, January 23rd. JPMorgan Chase & Co. lowered Corning from an “overweight” rating to a “neutral” rating and lifted their price target for the company from $115.00 to $175.00 in a research note on Thursday, April 16th. Mizuho set a $145.00 price target on Corning in a report on Monday, February 23rd. Weiss Ratings upgraded Corning from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, February 17th. Finally, Fox Advisors lowered Corning from an “overweight” rating to an “equal weight” rating in a report on Thursday, January 29th. Ten research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $140.08.

Read Our Latest Report on GLW

Insider Activity

In other news, CEO Wendell P. Weeks sold 137,514 shares of the stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $155.37, for a total value of $21,365,550.18. Following the completion of the sale, the chief executive officer directly owned 750,585 shares in the company, valued at $116,618,391.45. This represents a 15.48% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP John Z. Zhang sold 1,531 shares of the firm’s stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $133.75, for a total transaction of $204,771.25. The disclosure for this sale is available in the SEC filing. Insiders sold 233,201 shares of company stock valued at $32,614,558 in the last three months. Company insiders own 0.25% of the company’s stock.

Corning Stock Up 0.5%

GLW stock opened at $165.19 on Tuesday. Corning Incorporated has a 52 week low of $40.16 and a 52 week high of $176.75. The company has a quick ratio of 1.04, a current ratio of 1.59 and a debt-to-equity ratio of 0.62. The firm has a 50-day simple moving average of $143.38 and a 200-day simple moving average of $108.75. The stock has a market capitalization of $141.90 billion, a P/E ratio of 89.78, a P/E/G ratio of 2.55 and a beta of 1.06.

Corning (NYSE:GLW – Get Free Report) last posted its quarterly earnings data on Wednesday, January 28th. The electronics maker reported $0.72 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.71 by $0.01. Corning had a return on equity of 18.72% and a net margin of 10.21%.The company had revenue of $4.41 billion for the quarter, compared to analysts’ expectations of $4.35 billion. During the same period in the previous year, the firm posted $0.57 EPS. Corning’s revenue was up 13.9% compared to the same quarter last year. Corning has set its Q1 2026 guidance at 0.660-0.700 EPS. Equities analysts forecast that Corning Incorporated will post 3.14 earnings per share for the current fiscal year.

Corning Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, March 30th. Investors of record on Friday, February 27th were given a dividend of $0.28 per share. This represents a $1.12 annualized dividend and a dividend yield of 0.7%. The ex-dividend date was Friday, February 27th. Corning’s payout ratio is presently 60.87%.

Corning 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.