Lear (NYSE:LEA) CFO Jason Cardew Sells 10,000 Shares

Lear Corporation (NYSE:LEA) CFO Jason Cardew sold 10,000 shares of the business’s stock in a transaction 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 completion of the transaction, the chief financial officer directly owned 22,741 shares of the company’s stock, valued at approximately $3,058,891.91. The trade was a 30.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Lear Price Performance

Shares of LEA stock opened at $132.86 on Tuesday. The stock’s 50-day moving average is $124.43 and its 200 day moving average is $111.90. 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 cap of $6.74 billion, a P/E ratio of 16.30, a PEG ratio of 1.06 and a beta of 1.30.

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

Lear Dividend Announcement

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

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Wall Street Zen upgraded Lear from a “buy” rating to a “strong-buy” rating in a research note on Friday, January 23rd. Wells Fargo & Company boosted their price target on Lear from $123.00 to $131.00 and gave the stock an “equal weight” rating in a research note on Thursday, February 5th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $121.00 price objective on shares of Lear in a research report on Thursday, January 15th. JPMorgan Chase & Co. boosted their target price on shares of Lear from $133.00 to $138.00 and gave the stock an “overweight” rating in a research report on Monday, November 3rd. Finally, Argus upgraded shares of Lear to a “strong-buy” rating in a research note on Monday, February 9th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $138.27.

Hedge Funds Weigh In On Lear

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Compound Planning Inc. acquired a new stake in Lear during the 4th quarter valued at approximately $230,000. Invesco Ltd. raised its holdings in shares of Lear by 21.2% during the fourth quarter. Invesco Ltd. now owns 408,600 shares of the auto parts company’s stock worth $46,826,000 after purchasing an additional 71,406 shares during the last quarter. Corient Private Wealth LLC lifted its position in Lear by 162.7% during the fourth quarter. Corient Private Wealth LLC now owns 40,601 shares of the auto parts company’s stock valued at $4,653,000 after purchasing an additional 25,145 shares during the period. Mercer Global Advisors Inc. ADV boosted its holdings in Lear by 16.7% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 5,688 shares of the auto parts company’s stock valued at $652,000 after purchasing an additional 812 shares during the last quarter. Finally, Empowered Funds LLC grew its position in Lear by 17.4% during the 4th quarter. Empowered Funds LLC now owns 25,578 shares of the auto parts company’s stock worth $2,931,000 after purchasing an additional 3,782 shares during the period. Institutional investors and hedge funds own 97.04% of the company’s stock.

More Lear News

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

Lear Company Profile

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.