Lear Corporation (NYSE:LEA – Get Free Report) Director Conrad Mallett, Jr. sold 1,646 shares of the company’s stock in a transaction on Thursday, August 6th. The shares were sold at an average price of $121.35, for a total value of $199,742.10. Following the transaction, the director directly owned 37 shares in the company, valued at $4,489.95. This represents a 97.80% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
Lear Trading Up 3.1%
Shares of LEA opened at $122.80 on Friday. The business has a 50-day moving average of $138.05 and a 200 day moving average of $131.10. Lear Corporation has a fifty-two week low of $95.27 and a fifty-two week high of $150.33. The firm has a market cap of $6.06 billion, a P/E ratio of 11.44, a price-to-earnings-growth ratio of 0.57 and a beta of 1.25. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.04 and a current ratio of 1.31.
Lear (NYSE:LEA – Get Free Report) last released its quarterly earnings data on Friday, July 31st. The auto parts company reported $4.28 EPS for the quarter, beating the consensus estimate of $3.98 by $0.30. The business had revenue of $6.21 billion for the quarter, compared to the consensus estimate of $6.15 billion. Lear had a net margin of 2.35% and a return on equity of 14.18%. The company’s revenue was up 3.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.06 earnings per share. As a group, research analysts forecast that Lear Corporation will post 14.84 EPS for the current year.
Lear Dividend Announcement
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the company. Jones Financial Companies Lllp increased its holdings in shares of Lear by 5,205.1% in the first quarter. Jones Financial Companies Lllp now owns 7,268 shares of the auto parts company’s stock worth $604,000 after purchasing an additional 7,131 shares during the period. United Services Automobile Association bought a new stake in Lear during the first quarter valued at $267,000. Empowered Funds LLC purchased a new position in Lear during the first quarter worth about $256,000. EverSource Wealth Advisors LLC increased its stake in Lear by 37.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 968 shares of the auto parts company’s stock worth $92,000 after acquiring an additional 262 shares during the last quarter. Finally, Cerity Partners LLC increased its stake in Lear by 9.5% in the 2nd quarter. Cerity Partners LLC now owns 4,296 shares of the auto parts company’s stock worth $408,000 after acquiring an additional 372 shares during the last quarter. 97.04% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
LEA has been the subject of a number of recent research reports. Morgan Stanley set a $130.00 price objective on shares of Lear in a research note on Monday, May 4th. Wall Street Zen lowered Lear from a “strong-buy” rating to a “buy” rating in a report on Saturday, August 1st. UBS Group reduced their price target on Lear from $145.00 to $135.00 and set a “neutral” rating for the company in a research report on Tuesday, April 14th. Wells Fargo & Company boosted their price objective on Lear from $137.00 to $138.00 and gave the company an “equal weight” rating in a research note on Monday, August 3rd. Finally, Deutsche Bank Aktiengesellschaft set a $131.00 price objective on Lear in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Lear presently has an average rating of “Hold” and an average target price of $145.23.
Read Our Latest Report on Lear
Trending Headlines about Lear
Here are the key news stories impacting Lear this week:
- Positive Sentiment: Q2 earnings beat expectations: Lear reported adjusted earnings per share of $4.28 versus the $3.98 consensus estimate, while revenue reached $6.21 billion, ahead of the $6.15 billion forecast and up 3% year over year. Results were supported by margin expansion in the E-Systems segment. LEA Q2 Earnings Beat Estimates on E-Systems Margin Expansion
- Positive Sentiment: Buyback target raised: Lear increased its 2026 share-repurchase target to at least $350 million. The larger buyback could support earnings per share and signals management’s confidence in cash generation and the stock’s valuation.
- Neutral Sentiment: Valuation remains relatively low: Lear trades at roughly 11 times earnings, with analysts forecasting approximately $14.84 in full-year EPS. However, shares remain below their 50-day and 200-day moving averages, indicating that investors are still cautious about the auto-supply-chain and broader vehicle-production outlook.
- Negative Sentiment: Director sold nearly all holdings: Director Conrad L. Mallett Jr. sold 1,646 shares for approximately $199,742, leaving him with only 37 shares. Although insider sales can reflect personal financial considerations, the 97.8% reduction in his position may create a modest negative signal for investors. SEC insider ownership 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.
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