Andra AP fonden Boosts Stock Position in Lear Corporation $LEA

Andra AP fonden boosted its position in shares of Lear Corporation (NYSE:LEA) by 1,131.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 22,078 shares of the auto parts company’s stock after acquiring an additional 20,285 shares during the quarter. Andra AP fonden’s holdings in Lear were worth $2,221,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Schroder Investment Management Group lifted its position in shares of Lear by 75.6% during the second quarter. Schroder Investment Management Group now owns 1,801,284 shares of the auto parts company’s stock worth $171,086,000 after purchasing an additional 775,476 shares in the last quarter. American Century Companies Inc. increased its stake in Lear by 78.6% during the 2nd quarter. American Century Companies Inc. now owns 1,269,500 shares of the auto parts company’s stock worth $120,577,000 after buying an additional 558,538 shares during the period. LSV Asset Management lifted its holdings in Lear by 4.8% during the 3rd quarter. LSV Asset Management now owns 680,931 shares of the auto parts company’s stock worth $68,508,000 after buying an additional 31,203 shares in the last quarter. Oldfield Partners LLP boosted its position in Lear by 0.4% in the 2nd quarter. Oldfield Partners LLP now owns 612,218 shares of the auto parts company’s stock valued at $58,148,000 after buying an additional 2,394 shares during the period. Finally, RWC Asset Management LLP boosted its position in Lear by 3.8% in the 3rd 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 period. 97.04% of the stock is owned by institutional investors and hedge funds.

Lear Trading Down 1.4%

LEA opened at $131.10 on Friday. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.05 and a current ratio of 1.35. Lear Corporation has a one year low of $73.85 and a one year high of $142.84. The company has a market cap of $6.65 billion, a P/E ratio of 16.09, a PEG ratio of 1.03 and a beta of 1.30. The business’s 50-day simple moving average is $125.72 and its 200-day simple moving average is $112.80.

Lear (NYSE:LEA) last posted its earnings results on Wednesday, February 4th. The auto parts company reported $3.41 earnings per share for the quarter, topping the consensus estimate of $2.67 by $0.74. The firm had revenue of $5.99 billion during the quarter, compared to analysts’ expectations of $5.78 billion. Lear had a return on equity of 13.40% and a net margin of 1.88%.The firm’s revenue was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.94 earnings per share. As a group, equities research analysts expect that Lear Corporation will post 12.89 EPS for the current fiscal year.

Lear Dividend Announcement

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

Insider Activity at Lear

In related news, VP Marianne Vidershain sold 1,590 shares of Lear stock in a transaction on Tuesday, February 24th. The shares were sold at an average price of $135.00, for a total transaction of $214,650.00. Following the sale, the vice president directly owned 1,862 shares in the company, valued at $251,370. This trade represents a 46.06% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Harry Albert Kemp sold 7,000 shares of the business’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $136.31, for a total transaction of $954,170.00. Following the completion of the sale, the senior vice president directly owned 17,423 shares of the company’s stock, valued at approximately $2,374,929.13. This trade represents a 28.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 30,220 shares of company stock valued at $3,986,427. Corporate insiders own 0.91% of the company’s stock.

Lear News Summary

Here are the key news stories impacting Lear this week:

• Positive Sentiment: Lear won a major Ford contract after Forvia lost the business — a direct revenue/market-share gain for Lear that supports future sales and backlog. Forvia loses major Ford contract to Lear
• Positive Sentiment: The company recently reported a solid quarter, beating EPS and revenue estimates and showing year-over-year revenue growth — this underpins the improved earnings outlook analysts are using. Lear earnings and company profile
• Positive Sentiment: Lear declared a quarterly dividend (annualized $3.08, ~2.4% yield), which supports income-minded holders and signals board confidence in cash flow. Lear earnings and company profile
• Neutral Sentiment: Analyst coverage is mixed — several buy/hold ratings with average target near the current trading range; one recent buy target is notably higher, creating divergent expectations. Lear analyst ratings and targets
• Neutral Sentiment: Institutional investors hold the bulk of shares and some large funds adjusted positions recently; heavy institutional ownership can amplify moves when insiders or funds trade. Hedge fund and institutional holdings
• Negative Sentiment: An insider (VP Marianne Vidershain) sold 1,590 shares at about $135, materially reducing her holding — insider sales can spook short-term traders and trigger profit-taking. Insider selling: Marianne Vidershain

Analyst Ratings Changes

LEA has been the topic of several analyst reports. Evercore increased their price objective on Lear from $110.00 to $120.00 and gave the company an “in-line” rating in a research note on Monday, November 24th. Wells Fargo & Company upped their price target on Lear from $123.00 to $131.00 and gave the stock an “equal weight” rating in a report on Thursday, February 5th. Citigroup lifted their price objective on Lear from $146.00 to $177.00 and gave the company a “buy” rating in a research note on Thursday, February 5th. UBS Group boosted their price objective on Lear from $135.00 to $145.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. Finally, JPMorgan Chase & Co. raised their target price on shares of Lear from $133.00 to $138.00 and gave the company an “overweight” rating in a report on Monday, November 3rd. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Lear presently has an average rating of “Hold” and a consensus target price of $138.27.

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.