Renaissance Technologies LLC Sells 50,600 Shares of Leggett & Platt, Incorporated $LEG

Posted by Brenda Bartman on Aug 4th, 2026

Renaissance Technologies LLC lowered its holdings in shares of Leggett & Platt, Incorporated (NYSE:LEG – Free Report) by 6.0% in the 1st quarter, Holdings Channel.com reports. The firm owned 787,700 shares of the company’s stock after selling 50,600 shares during the quarter. Renaissance Technologies LLC’s holdings in Leggett & Platt were worth $7,782,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. Royal Bank of Canada grew its position in Leggett & Platt by 59.5% during the first quarter. Royal Bank of Canada now owns 47,054 shares of the company’s stock valued at $372,000 after buying an additional 17,561 shares during the period. Jones Financial Companies Lllp boosted its stake in shares of Leggett & Platt by 8.4% during the 1st quarter. Jones Financial Companies Lllp now owns 14,661 shares of the company’s stock worth $116,000 after acquiring an additional 1,132 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Leggett & Platt by 3.0% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 454,096 shares of the company’s stock worth $3,592,000 after acquiring an additional 13,187 shares during the last quarter. Jane Street Group LLC grew its position in shares of Leggett & Platt by 36.3% during the 1st quarter. Jane Street Group LLC now owns 1,175,452 shares of the company’s stock valued at $9,298,000 after acquiring an additional 312,840 shares during the period. Finally, Acadian Asset Management LLC grew its position in shares of Leggett & Platt by 113.5% during the 1st quarter. Acadian Asset Management LLC now owns 109,638 shares of the company’s stock valued at $866,000 after acquiring an additional 58,292 shares during the period. Institutional investors own 64.23% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Zacks Research raised Leggett & Platt from a “strong sell” rating to a “hold” rating in a report on Monday, July 20th. Truist Financial cut their price target on Leggett & Platt from $13.00 to $11.00 and set a “hold” rating for the company in a report on Friday, May 8th. Finally, Weiss Ratings cut Leggett & Platt from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday, July 29th. Five analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $11.33.

Read Our Latest Report on Leggett & Platt

Leggett & Platt Stock Performance

Shares of NYSE LEG opened at $10.01 on Tuesday. The company has a market cap of $1.37 billion, a P/E ratio of 6.21 and a beta of 0.73. Leggett & Platt, Incorporated has a 52-week low of $7.86 and a 52-week high of $13.00. The company has a debt-to-equity ratio of 1.44, a quick ratio of 1.45 and a current ratio of 2.33. The firm’s fifty day moving average is $10.78 and its two-hundred day moving average is $10.93.

Leggett & Platt (NYSE:LEG – Get Free Report) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.26 by ($0.11). The company had revenue of $918.20 million for the quarter, compared to the consensus estimate of $946.79 million. Leggett & Platt had a net margin of 5.69% and a return on equity of 12.62%. The firm’s revenue for the quarter was down 10.2% on a year-over-year basis. During the same period last year, the company earned $0.24 EPS. As a group, analysts anticipate that Leggett & Platt, Incorporated will post 0.9 EPS for the current fiscal year.

Leggett & Platt Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, August 24th. Investors of record on Monday, August 10th will be given a $0.05 dividend. This represents a $0.20 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Monday, August 10th. Leggett & Platt’s payout ratio is currently 12.42%.

About Leggett & Platt

(Free Report)

Leggett & Platt, Inc is a diversified manufacturer specializing in the design, engineering and production of a wide range of engineered components and products. The company’s offerings span several end markets, including residential bedding, commercial and residential furniture, automotive seating and interiors, aerospace applications and industrial products. By integrating product design with proprietary manufacturing processes, Leggett & Platt serves as a key supplier to both original equipment manufacturers and aftermarket distributors.

The company’s core product lines include coil springs and support systems for mattresses and furniture, adjustable bed mechanisms, engineered components such as extruded and formed metal products, and specialty foam and bedding products.