Bernstein says Donald Trump wants this stock to go up
Walter L. Harris, a director at Loews Corp (NYSE:L), sold 1,421 shares of common stock on September 2, 2025, at a price of $96.69, for a total value of $137,396. The transaction occurred near Loews’ 52-week high of $97.41, with the company’s market capitalization standing at $20.1 billion. According to InvestingPro analysis, Loews currently shows signs of being slightly undervalued.
According to a Form 4 filing with the Securities and Exchange Commission, Harris also acquired 2,250 shares of Loews Corp common stock at a price of $35.52, for a total value of $79,920, through the exercise of stock appreciation rights.
On the same day, Harris disposed of 829 shares. These shares were disposed of at $96.53, for a total value of $80,023.
In other recent news, Loews Corporation reported a 6% increase in its second-quarter net income, reaching $391 million, or $1.87 per share, compared to $369 million, or $1.67 per share, in the same period last year. The company’s revenue for the quarter rose to $4.56 billion. Additionally, Loews Corporation declared a quarterly dividend of $0.0625 per share, payable on September 2, 2025, to shareholders of record as of August 20, 2025. In corporate governance developments, Jennifer VanBelle has been elected to the board of directors and appointed to the Audit Committee. VanBelle brings over 25 years of experience from General Electric Company, where she held senior roles. These recent developments highlight the company’s ongoing financial performance and strategic leadership appointments.
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