Lear Corporation (NYSE:LEA – Get Free Report) SVP Harry Albert Kemp sold 7,000 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $136.31, for a total value of $954,170.00. Following the sale, the senior vice president owned 17,423 shares in the company, valued at approximately $2,374,929.13. This trade represents a 28.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.
Lear Price Performance
Shares of Lear stock opened at $132.86 on Tuesday. The stock has a market cap of $6.74 billion, a price-to-earnings ratio of 16.30, a price-to-earnings-growth ratio of 1.06 and a beta of 1.30. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.05 and a current ratio of 1.35. The stock has a 50 day moving average price of $124.43 and a 200-day moving average price of $111.90. Lear Corporation has a one year low of $73.85 and a one year high of $142.84.
Lear (NYSE:LEA – Get Free Report) last issued its quarterly earnings results on Wednesday, February 4th. The auto parts company reported $3.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.67 by $0.74. The company had revenue of $5.99 billion during the quarter, compared to the consensus estimate of $5.78 billion. Lear had a return on equity of 13.40% and a net margin of 1.88%.Lear’s revenue was up 4.8% on a year-over-year basis. During the same period last year, the company earned $2.94 earnings per share. Equities analysts expect that Lear Corporation will post 12.89 EPS for the current year.
Lear Dividend Announcement
Key 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
Analysts Set New Price Targets
Several analysts have issued reports on LEA shares. Citigroup raised their price objective on shares of Lear from $146.00 to $177.00 and gave the stock a “buy” rating in a research note on Thursday, February 5th. Wells Fargo & Company raised 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. TD Cowen boosted their price objective on Lear from $117.00 to $133.00 and gave the company a “hold” rating in a report on Thursday, February 5th. Evercore lifted their target price on Lear from $110.00 to $120.00 and gave the stock an “in-line” rating in a research report on Monday, November 24th. Finally, The Goldman Sachs Group restated a “neutral” rating and issued a $121.00 price target on shares of Lear in a report on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus target price of $138.27.
Institutional Trading of Lear
A number of hedge funds have recently added to or reduced their stakes in the business. Altshuler Shaham Ltd bought a new position in Lear during the 4th quarter worth about $25,000. WealthCollab LLC purchased a new stake in shares of Lear in the 2nd quarter worth approximately $28,000. Los Angeles Capital Management LLC bought a new position in shares of Lear during the fourth quarter valued at approximately $30,000. Allworth Financial LP increased its holdings in Lear by 62.6% during the third quarter. Allworth Financial LP now owns 309 shares of the auto parts company’s stock valued at $31,000 after buying an additional 119 shares during the period. Finally, Global Retirement Partners LLC raised its stake in Lear by 942.3% in the fourth quarter. Global Retirement Partners LLC now owns 271 shares of the auto parts company’s stock worth $31,000 after buying an additional 245 shares in the last quarter. 97.04% of the stock is owned by hedge funds and other institutional investors.
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.
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