Cibc World Market Inc. Purchases New Position in Loews Corporation $L

Posted by Geri Gentry on Aug 28th, 2026

Cibc World Market Inc. bought a new position in shares of Loews Corporation (NYSE:L – Free Report) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 8,950 shares of the insurance provider’s stock, valued at approximately $1,013,000.

Other institutional investors have also added to or reduced their stakes in the company. DV Equities LLC acquired a new stake in shares of Loews in the fourth quarter valued at approximately $25,000. Edmond DE Rothschild Holding S.A. acquired a new stake in Loews during the second quarter worth approximately $26,000. Keating Financial Advisory Services Inc. acquired a new stake in Loews during the second quarter worth approximately $28,000. Towarzystwo Funduszy Inwestycyjnych PZU SA bought a new position in Loews during the 3rd quarter worth $30,000. Finally, Paladin Partners LLC bought a new position in Loews during the 2nd quarter worth $30,000. 58.33% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded Loews from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Tuesday, July 28th. One research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat, Loews presently has a consensus rating of “Strong Buy”.

Read Our Latest Analysis on L

Loews Stock Performance

NYSE L opened at $109.69 on Friday. The company has a current ratio of 0.36, a quick ratio of 0.36 and a debt-to-equity ratio of 0.44. The firm has a market capitalization of $22.42 billion, a price-to-earnings ratio of 13.44 and a beta of 0.52. The firm’s 50 day simple moving average is $113.96 and its 200 day simple moving average is $110.24. Loews Corporation has a 1 year low of $95.10 and a 1 year high of $121.01.

Loews (NYSE:L – Get Free Report) last announced its quarterly earnings data on Monday, August 3rd. The insurance provider reported $2.16 earnings per share (EPS) for the quarter. Loews had a net margin of 9.02% and a return on equity of 8.60%. The business had revenue of $4.73 billion for the quarter.

Loews Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Wednesday, August 19th will be paid a $0.0625 dividend. The ex-dividend date is Wednesday, August 19th. This represents a $0.25 annualized dividend and a dividend yield of 0.2%. Loews’s dividend payout ratio (DPR) is presently 3.06%.

Loews Company Profile

(Free Report)

Loews Corporation (NYSE: L) is a diversified holding company that owns and operates businesses across insurance, hospitality, energy-related operations and other industrial and investment activities. The company holds controlling and significant minority interests in subsidiaries that run as standalone businesses, with corporate oversight focused on capital allocation, risk management and long-term value creation for shareholders.

One of Loews’ principal businesses is insurance, conducted through CNA Financial, a commercial property and casualty insurer that underwrites a range of business insurance products for corporate and institutional clients.