RMR Wealth Builders 13F: Cuts Corning (GLW) Stake by $834K

RMR Wealth Builders trimmed its holdings in Corning Incorporated GLW by 5,426 shares during the period, according to a Form 13F filing with the SEC on October 22, 2026. The firm's remaining position in the electronic components maker covered 30,952 shares with a reported value of $4,759,250 after a 14.9% reduction.

GLW Corning Incorporated

$123.97 ▲ +37.45% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in RMR Wealth Builders's Corning Incorporated Position

RMR Wealth Builders lowered its exposure to Corning Incorporated by cutting 5,426 shares from its portfolio. The adjustment brought the firm's total share count down from 36,378 shares to 30,952 shares. At the filing date when Corning closed at $123.99, the remaining stake carried a value of approximately $4.76 million.

Other Institutional Activity in Corning Incorporated

Other large institutional investors adjusted their holdings in Corning Incorporated around the same time. Holocene Advisors grew its holdings by 455,758 shares, ending with 611,522 shares worth about $162.3 million. Sumitomo Mitsui DS Asset Management Company added 24,052 shares to hold 181,082 shares valued at $27.8 million. Cantor Fitzgerald Investment Advisors L.P. sold out entirely by shedding 69,258 shares, while Ifm Investors lifted its stake by 11,263 shares to reach 165,459 shares valued at roughly $43.9 million.

Corning Incorporated Stock Down 6.3%

Corning Incorporated recently traded around $123.97 as of October 23, 2026, roughly equal to its event closing price of $123.99 on October 22. The stock trades below its 50-day moving average of $152.78 and below its 200-day moving average of $154.31. Over the past year, the shares have traded between a low of $77.39 and a high of $271.78, putting the recent price 54.4% below its 52-week peak and 60.2% above its low.

Recent Earnings

Corning reported trailing-twelve-month revenue of $17.0 billion and earnings of $2.18 per share. The company posts a net profit margin of 11.2% and a return on equity of 16.8%, with the next earnings report scheduled for October 27, 2026.

Dividend

Eligible shareholders receive an annual dividend rate of $1.12 per share, which translates to a dividend yield of 0.83% based on a payout ratio of 51.4%.

Insider Buying and Selling at Corning Incorporated

Company insiders completed several open-market sales ahead of the filing. Chief Technology Officer Jaymin Amin sold 27,395 shares on May 22, 2026, at $192.14 per share for $5.3 million. Chief Executive Officer Wendell P. Weeks disposed of 100,000 shares on June 9, 2026, at $186.46 for $18.6 million. Officer Lewis A Steverson sold 13,100 shares on August 28, 2026, at $151.29 for nearly $2.0 million, and Officer Michelle L Gullo sold 9,874 shares on September 4, 2026, at $152.29 for $1.5 million.

Analysts Set New Price Targets

Wall street firms updated their outlooks on the stock leading into the fall. Mizuho maintained an Outperform rating while adjusting its target to $180.00 on September 15, 2026. Bernstein initiated coverage with a Market Perform rating and a $140.00 target on September 30. Truist Securities maintained a Buy rating on October 2, raising its target to $182.00, and UBS maintained a Buy rating on October 5 while lifting its target to $201.00. JP Morgan maintained a Neutral rating with a $165.00 target on October 21. Overall, the consensus recommendation stands at a buy with a mean price target of $187.41 across 17 analyst opinions.

About Corning Incorporated

Corning Incorporated manufactures specialized glass, ceramics, and related materials used in optical communications, mobile consumer electronics, display technologies, automotive systems, and life sciences labs. Institutional interest in the firm remains high as market participants evaluate its position across key technology supply chains.

Bottom Line

Investors will watch the upcoming earnings report on October 27, 2026, for fresh details on operational margins and demand trends. Future regulatory filings will show whether institutional managers continue adjusting their positions in the manufacturer.