Envestnet Asset Management Inc. Purchases 16,669 Shares of Lear Corporation $LEA

Envestnet Asset Management Inc. grew its position in Lear Corporation (NYSE:LEA) by 57.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 45,829 shares of the auto parts company’s stock after purchasing an additional 16,669 shares during the quarter. Envestnet Asset Management Inc. owned about 0.09% of Lear worth $4,611,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. WealthCollab LLC purchased a new position in Lear during the 2nd quarter worth $28,000. Quent Capital LLC acquired a new stake in Lear in the third quarter worth about $38,000. Farther Finance Advisors LLC grew its stake in shares of Lear by 34.0% during the third quarter. Farther Finance Advisors LLC now owns 422 shares of the auto parts company’s stock worth $42,000 after acquiring an additional 107 shares during the last quarter. Bessemer Group Inc. grew its stake in shares of Lear by 100.0% during the second quarter. Bessemer Group Inc. now owns 454 shares of the auto parts company’s stock worth $43,000 after acquiring an additional 227 shares during the last quarter. Finally, Jones Financial Companies Lllp increased its holdings in shares of Lear by 130.4% during the third quarter. Jones Financial Companies Lllp now owns 470 shares of the auto parts company’s stock valued at $48,000 after acquiring an additional 266 shares in the last quarter. Hedge funds and other institutional investors own 97.04% of the company’s stock.

Insider Buying and Selling at Lear

In other Lear news, CFO Jason M. Cardew sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $134.51, for a total value of $1,345,100.00. Following the sale, the chief financial officer owned 22,741 shares in the company, valued at approximately $3,058,891.91. This represents a 30.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, SVP Alicia J. Davis sold 6,630 shares of the firm’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $132.98, for a total transaction of $881,657.40. Following the sale, the senior vice president directly owned 9,972 shares in the company, valued at $1,326,076.56. The trade was a 39.93% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 28,630 shares of company stock valued at $3,771,777. 0.91% of the stock is owned by company insiders.

Lear Trading Down 1.4%

NYSE LEA opened at $132.86 on Tuesday. Lear Corporation has a 1 year low of $73.85 and a 1 year high of $142.84. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.35 and a quick ratio of 1.05. The company has a market capitalization of $6.74 billion, a PE ratio of 16.30, a P/E/G ratio of 1.06 and a beta of 1.30. The company has a fifty day moving average of $124.43 and a 200 day moving average of $111.90.

Lear (NYSE:LEA) last released its quarterly earnings data on Wednesday, February 4th. The auto parts company reported $3.41 earnings per share for the quarter, beating analysts’ consensus estimates of $2.67 by $0.74. Lear had a return on equity of 13.40% and a net margin of 1.88%.The business had revenue of $5.99 billion during the quarter, compared to analyst estimates of $5.78 billion. During the same quarter last year, the business posted $2.94 EPS. The company’s revenue was up 4.8% on a year-over-year basis. Research analysts forecast that Lear Corporation will post 12.89 earnings per share for the current year.

Lear Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 25th. Shareholders of record on Thursday, March 5th will be issued a $0.77 dividend. The ex-dividend date of this dividend is Thursday, March 5th. This represents a $3.08 dividend on an annualized basis and a yield of 2.3%. Lear’s payout ratio is presently 37.79%.

Analyst Upgrades and Downgrades

Several analysts have weighed in on the stock. Wells Fargo & Company boosted their target price on shares of Lear from $123.00 to $131.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 5th. The Goldman Sachs Group reiterated a “neutral” rating and set a $121.00 price objective on shares of Lear in a research note on Thursday, January 15th. JPMorgan Chase & Co. upped their target price on Lear from $133.00 to $138.00 and gave the company an “overweight” rating in a research report on Monday, November 3rd. Weiss Ratings restated a “hold (c)” rating on shares of Lear in a research note on Thursday, January 22nd. Finally, UBS Group boosted their price target on Lear from $135.00 to $145.00 and gave the company a “neutral” rating in a research note on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $138.27.

Key Stories Impacting Lear

Here are the key news stories impacting Lear this week:

• Positive Sentiment: Zacks highlights LEA as a strong momentum stock, which may attract momentum-driven buyers and support price resilience. Here’s Why Lear (LEA) is a Strong Momentum Stock
• Positive Sentiment: Recent Q4 results (reported Feb. 4) showed an EPS beat ($3.41 vs. $2.67 est.) and revenue outperformance, reinforcing the company’s underlying fundamentals and analyst earnings forecasts. Lear Q4 earnings / MarketBeat
• Neutral Sentiment: No material new strategic announcements or guidance changes in the recent feed — most other articles in the list (industry/market pieces) are not specific to Lear and are unlikely to move the stock directly.
• Negative Sentiment: SVP Harry Albert Kemp sold 7,000 shares at an average $136.31 (≈$954k); his holding fell ~28.7% — this level of insider selling can signal caution to investors. Kemp SEC filing
• Negative Sentiment: CFO Jason M. Cardew sold 10,000 shares at an average $134.51 (≈$1.345M); his stake dropped ~30.5% — CFO sales often draw extra scrutiny from investors. Cardew SEC filing
• Negative Sentiment: SVP Alicia J. Davis sold 6,630 shares at an average $132.98 (≈$882k); her holding fell ~39.9% — multiple senior execs selling in close timing raises short-term sentiment risk. Davis SEC filing

About Lear

Lear Corporation (NYSE: LEA) is a global supplier of automotive seating and electrical distribution systems. The company designs, engineers and manufactures complete seat systems, seat components and power solutions for major vehicle manufacturers. Its electrical business delivers modules and components for battery management, infotainment, body and safety electronics, as well as advanced connectivity and electrification solutions.

The seating division develops lightweight, ergonomic seat structures, trim and mechanisms that address comfort, safety and environmental targets.