Recently, several developments have occurred in relation to
Loews Corporation(L). The company reported a
net income of $370 million for 1Q 2025 and hit multiple
new 12-month highs. Analyses of the conglomerateβs performance suggest that they are
outperforming the Dow. Notably, the company has attracted
increased holdings by numerous financial institutions including Jane Street Group LLC, Advisory Alpha LLC, Focus Partners Wealth, AG2R LA Mondiale Gestion D Actifs, Swedbank AB, Voya Investment Management LLC, and UBS Asset Management. However, Amundi, Hedges Asset Management LLC, and The Manufacturers Life Insurance Company have
reduced their stake in Loews. Key events included the
election of Jennifer VanBelle to its board of directors with an announcement about maintaining its
$0.0625 dividend payout. Its strong growth reflects in its Earnings Summary for 2Q 2025. The company is also
favored by institutional owners who hold 61% of the company. Despite some doubts about valuation amid
catastrophe losses and insider activity, long-term investors have reaped a splendid 166% return over five years. The company also announced senior VP retirement plans and appointed Benjamin Tisch as CEO.
Loews Corporation L News Analytics from Mon, 06 Jul 2009 07:00:00 GMT to Thu, 25 Sep 2025 20:15:23 GMT -
Rating 8
- Innovation 0
- Information 7
- Rumor -5