Strong Results and Guidance Lifted Corning Incorporated (GLW) in Q3

Carillon Tower Advisers, an investment management company, released its “Carillon Eagle Growth & Income Fund” third-quarter 2025 investor letter. A copy of the letter can be downloaded here. The S&P 500 Index continued its rally in the third quarter, ending the year-to-date returns at 13.7%. During this period, growth and momentum were key contributors to the market's performance. A significant portion of the market is currently tied to the single catalyst of AI deployment, which means that any weaknesses in this concept could significantly threaten the market's future strength. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its third-quarter 2025 investor letter, Carillon Eagle Growth & Income Fund highlighted stocks such as Corning Incorporated (NYSE:GLW). Corning Incorporated (NYSE:GLW) is an optical communications, display technologies, environmental technologies, specialty materials, and life sciences business company. The one-month return of Corning Incorporated (NYSE:GLW) was 1.51%, and its shares gained 86.25% of their value over the last 52 weeks. On November 11, 2025, Corning Incorporated (NYSE:GLW) stock closed at $87.93 per share, with a market capitalization of $75.388 billion.

Carillon Eagle Growth & Income Fund stated the following regarding Corning Incorporated (NYSE:GLW) in its third quarter 2025 investor letter:

"Corning Incorporated's (NYSE:GLW) outperformance was tied to a strong second-quarter earnings result and forward guidance supporting a continuation of those trends. Specifically, the company’s fiber optics and related technologies are integral in building AI infrastructure across the globe. We believe Corning should see market growth across several key products for the next three to five years."

Corning Incorporated (NYSE:GLW) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 70 hedge fund portfolios held Corning Incorporated (NYSE:GLW) at the end of the second quarter, up from 67 in the previous quarter. In the third quarter of 2025, Corning Incorporated (NYSE:GLW) core sales grew 14% year-over-year to $4.27 billion. While we acknowledge the potential of Corning Incorporated (NYSE:GLW) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

In another article, we covered Corning Incorporated (NYSE:GLW) and shared The London Company Income Equity Strategy's views on the company. In addition, please check out our hedge fund investor letters Q3 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.