Loews Corporation (NYSE:L) has recently seen a series of investments and divestments among various institutional stakeholders. Victory Capital Management, Mount Lucas Management, and Diamond Hill Capital Management have all lowered their holdings in the company while other firms such as Universal Beteiligungs and KLP Kapitalforvaltning have increased their stake. The company's shares experienced a significant boon by reaching an all-time high of 92.85 USD.
Also, Loews announced its Q2 2025 financial results are due for release on August 4th. However, the company also suffered from mixed results amid continued share repurchases. Despite the fluctuations in investor participation, the company revealed strong Q1 2025 results, with reported net income of $370 million. Financial performance of the company also indicated an upward trajectory with Q4 2024 net income of $187 million and full-year earnings of $1,414 million.
In the realm of personnel changes, Loews announced executive chairman retirement at its subsidiary. Similarly, Benjamin Tisch has been appointed as the new CEO, taking over from his father James Tisch. However, the company has also dealt with a spate of insider selling, with Richard Scott selling 9,019 shares. Alex Tisch has also been appointed CEO at Loews Hotels & Co.
Loews Corporation L News Analytics from Thu, 28 Aug 2014 07:00:00 GMT to Sat, 26 Jul 2025 08:09:04 GMT - Rating 6 - Innovation 2 - Information 7 - Rumor 2
