Recently, Loews Corporation (L) has seen substantial investment activity. Strs Ohio invested $3.17m, and Clare Market Investments, Voya Investment Management, AG2R LA Mondiale Gestion D Actifs, Millennium Management, and others acquired substantial shares. However, shares were sold by entities including Swedbank AB, Hedges Asset Management, and UBS Asset Management. Consecutively, the stock recorded an all-time high of 97.81 USD.
Loews announced a quarterly dividend alongside robust financial performance. The Q2 2025 report indicated a 6% rise in net income, amidst mixed results in Q1 and continued share repurchases. The company reported net incomes of $370m for Q1 2025 and $391m for Q2 2025. Shares edged higher, reflecting strong earnings performance. However, shareholders experienced a slight hiccup due to a $265m pension settlement charge from subsidiary CNA Financial affecting Q4.
Loews introduced a new executive compensation structure and appointed Jennifer VanBelle and Jonathan Locker to its board. CEO James Tisch retired, with son Benjamin Tisch taking over. The company's stock outperformed competitors despite daily losses. Loews Hotels & Co, a subsidiary, appointed Alex Tisch as CEO.
Loews Corporation L News Analytics from Mon, 30 Apr 2012 07:00:00 GMT to Sat, 20 Sep 2025 20:56:00 GMT - Rating 9 - Innovation 4 - Information 8 - Rumor -3
