US Bancorp Increases Stake in Corning Incorporated

The bank's holdings in the electronics maker grew by 6.1% in the third quarter.

Mar. 3, 2026 at 7:39am

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US Bancorp DE lifted its position in shares of Corning Incorporated (NYSE:GLW) by 6.1% during the 3rd quarter, according to the company's recent Form 13F filing with the Securities and Exchange Commission. The fund now owns 426,816 shares of the electronics maker's stock, valued at $35,012,000 as of the filing.

Why it matters

Corning is a major supplier of specialty glass, ceramics, and related materials to industries like consumer electronics, telecommunications, and automotive. US Bancorp's increased stake suggests the bank sees continued growth potential in Corning's business.

The details

US Bancorp purchased an additional 24,582 shares of Corning stock during the third quarter, bringing its total holdings to 426,816 shares. This represents a 6.1% increase in the bank's position in the electronics maker. Corning's stock has seen strong performance, rising over 80% in the past year as the company benefits from demand for its products across various industries.

  • US Bancorp reported its increased stake in Corning in a 13F filing for the third quarter of 2026.

The players

US Bancorp DE

A major U.S. bank and financial services holding company.

Corning Incorporated

A global manufacturer of specialty glass, ceramics, and related materials for industries including consumer electronics, telecommunications, and automotive.

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The takeaway

US Bancorp's increased investment in Corning signals the bank's confidence in the electronics maker's continued growth prospects across its diversified product portfolio and end markets.