Dino Robusto Buys Shares of L
Dino Robusto purchased 223 shares of L on June 30, 2026.
Key Points
- Dino Robusto bought 223 shares of L on June 30, 2026, with shares trading near $113.21.
- Shares of L traded near $113.21 on Wednesday, with institutional activity showing mixed changes.
- Analysts from RBC Capital reiterated a buy rating with a target price of $234.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
Dino Robusto made a move to purchase 223 shares of L on June 30, 2026. This transaction wasn't part of a pre-planned trading scheme. Shares of L were trading around $113.21 on that day.
Other Institutional Activity in L
BlackRock, Inc. trimmed its holdings in L by 275,600 shares, bringing its total to 14,007,193 shares valued at about $1.50 billion, marking a 1.9% decrease. Meanwhile, Vanguard Capital Management LLC opened a new position with 10,849,569 shares worth approximately $1.16 billion. JPMorgan Chase & Co reduced its stake by 159,621 shares, leaving it with 8,923,433 shares valued at $944.4 million, a 1.8% decrease. State Street Corp slightly decreased its holdings by 17,128 shares, ending with 7,858,745 shares valued at $838.8 million. On the other hand, Geode Capital Management, LLC increased its position by 326,709 shares to 5,325,895 shares, now worth about $566.6 million, a 6.5% increase.
Insider Buying and Selling at Loews Corporation
Several insiders, including Jonathan Locker, Walter Harris, Dino Robusto, Susan Peters, and Jennifer Vanbelle, each bought 223 shares of L on June 30, 2026. Charles Diker also purchased 102 shares on the same day. These transactions were not part of any pre-planned trading arrangements.
Analysts Set New Price Targets
On May 27, 2025, RBC Capital reiterated its buy rating for L, setting a price target of $234. Previously, RBC Capital had maintained buy ratings with targets of $217 and $205 in December and November of 2024, respectively. TD Securities also maintained a buy rating with a target of $186 in July 2024.
Bottom Line
Dino Robusto's recent purchase of shares in L highlights ongoing insider interest in the company. Institutional investors have shown varied activity, with some increasing and others reducing their stakes. Analysts continue to express confidence, as seen with RBC Capital's reiterated buy rating and increased price targets. As always, it's important to note that insider and institutional activity reflects past decisions and may not indicate future performance.
Get Loews Corporation alerts
New 13F filings, insider trades, and analyst moves on $L, sent to your inbox. Free, and you can unsubscribe anytime.
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.