Walter Harris Buys Shares of L
Insider Walter Harris purchased 223 shares of L on June 30, 2026.
Key Points
- Walter Harris bought 223 shares of L on June 30, 2026, with shares trading at $113.21 on Wednesday.
- L's stock has seen activity from major funds, including BlackRock and Vanguard, with mixed changes in holdings.
- Analysts, including RBC Capital and TD Securities, maintain a 'buy' rating for L, with targets up to $234.
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Walter Harris, an insider at L, purchased 223 shares of the company on June 30, 2026. The transaction was not part of a pre-planned trading program, and the shares were bought at an unspecified price. On Wednesday, L's shares traded near $113.21.
Insider Buying and Selling at Loews Corporation
On the same day, several other insiders at L also bought shares. Jonathan Locker, Dino Robusto, Susan Peters, Jennifer Vanbelle each bought 223 shares, while Charles Diker bought 102 shares. None of these transactions were pre-planned.
Other Institutional Activity in L
BlackRock, Inc. trimmed its holdings in L by 275,600 shares, leaving it with about 14,007,193 shares valued at approximately $1.50 billion. Vanguard Capital Management LLC opened a new position, acquiring 10,849,569 shares worth around $1.16 billion. Meanwhile, JPMorgan Chase & Co reduced its stake by 159,621 shares, maintaining 8,923,433 shares valued at $944.4 million. State Street Corp slightly decreased its position by 17,128 shares, holding 7,858,745 shares worth $838.8 million. Geode Capital Management, LLC increased its holdings by 326,709 shares, now owning 5,325,895 shares valued at $566.6 million.
Analysts Set New Price Targets
RBC Capital has reiterated its 'buy' rating on L multiple times, with the latest target set at $234 on May 27, 2025. The firm has maintained its positive outlook since July 2024, with targets previously set at $217, $205, and $183. TD Securities also maintained a 'buy' rating with a price target of $186 as of July 19, 2024.
Bottom Line
The recent insider buying activity at L, including Walter Harris's purchase, suggests confidence among company insiders. Institutional investors have shown mixed activity, with some trimming positions while others open new ones. Analysts continue to back L with favorable ratings, indicating positive sentiment in the market. It's important to note that insider and institutional transactions are disclosed after they occur, so they reflect past actions rather than current intentions.
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This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.