Lear Corporation (NYSE:LEA – Get Free Report) SVP Alicia Davis sold 6,630 shares of the business’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 completion of the transaction, the senior vice president directly owned 9,972 shares of the company’s stock, valued at approximately $1,326,076.56. This represents a 39.93% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.
Lear Stock Performance
Lear stock opened at $132.86 on Tuesday. Lear Corporation has a fifty-two week low of $73.85 and a fifty-two week high of $142.84. 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 market cap of $6.74 billion, a P/E ratio of 16.30, a price-to-earnings-growth ratio of 1.06 and a beta of 1.30. The firm’s fifty day moving average price is $124.43 and its 200-day moving average price is $111.90.
Lear (NYSE:LEA – Get Free Report) last announced its earnings results on Wednesday, February 4th. The auto parts company reported $3.41 earnings per share (EPS) for the quarter, topping 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 company had revenue of $5.99 billion during the quarter, compared to analyst estimates of $5.78 billion. During the same period in the previous year, the business earned $2.94 earnings per share. The firm’s quarterly revenue was up 4.8% compared to the same quarter last year. On average, equities research analysts expect that Lear Corporation will post 12.89 earnings per share for the current fiscal year.
Lear Dividend Announcement
Analyst Upgrades and Downgrades
Several brokerages have issued reports on LEA. Argus raised Lear to a “strong-buy” rating in a research note on Monday, February 9th. TD Cowen lifted their target price on shares of Lear from $117.00 to $133.00 and gave the stock a “hold” rating in a research report on Thursday, February 5th. Morgan Stanley boosted their price target on shares of Lear from $112.00 to $123.00 and gave the stock an “equal weight” rating in a research note on Thursday, February 5th. Wells Fargo & Company raised their price objective on Lear from $123.00 to $131.00 and gave the company an “equal weight” rating in a research note on Thursday, February 5th. Finally, Citigroup lifted their price objective on Lear from $146.00 to $177.00 and gave the stock a “buy” rating in a report on Thursday, February 5th. One 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’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $138.27.
Check Out Our Latest Research Report on LEA
Lear News Summary
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
Institutional Trading of Lear
Institutional investors have recently modified their holdings of the company. Vest Financial LLC boosted its stake in Lear by 134.9% in the 3rd quarter. Vest Financial LLC now owns 25,951 shares of the auto parts company’s stock worth $2,611,000 after purchasing an additional 14,904 shares in the last quarter. Capital Management Corp VA purchased a new position in Lear in the third quarter worth about $2,295,000. Meritage Portfolio Management purchased a new position in Lear in the third quarter worth about $3,268,000. Prudential Financial Inc. lifted its stake in shares of Lear by 2,060.5% in the second quarter. Prudential Financial Inc. now owns 104,720 shares of the auto parts company’s stock worth $10,009,000 after buying an additional 99,873 shares in the last quarter. Finally, RWC Asset Management LLP grew its holdings in shares of Lear by 3.8% during the third quarter. RWC Asset Management LLP now owns 570,048 shares of the auto parts company’s stock valued at $57,353,000 after buying an additional 20,900 shares during the last quarter. 97.04% of the stock is currently owned by hedge funds and other institutional investors.
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.
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