29,747 Shares in Lear Corporation $LEA Acquired by Public Employees Retirement System of Ohio

Posted by Brenda Bartman on Sep 4th, 2026

Public Employees Retirement System of Ohio acquired a new position in shares of Lear Corporation (NYSE:LEA – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 29,747 shares of the auto parts company’s stock, valued at approximately $3,988,000. Public Employees Retirement System of Ohio owned approximately 0.06% of Lear as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Altshuler Shaham Ltd lifted its stake in shares of Lear by 36.5% during the first quarter. Altshuler Shaham Ltd now owns 303 shares of the auto parts company’s stock valued at $37,000 after acquiring an additional 81 shares during the period. Versant Capital Management Inc boosted its holdings in Lear by 3.8% in the second quarter. Versant Capital Management Inc now owns 2,260 shares of the auto parts company’s stock valued at $303,000 after acquiring an additional 82 shares during the last quarter. UMB Bank n.a. increased its position in Lear by 15.0% in the fourth quarter. UMB Bank n.a. now owns 676 shares of the auto parts company’s stock worth $77,000 after purchasing an additional 88 shares during the period. Waterfront Wealth Inc. increased its position in Lear by 0.5% in the first quarter. Waterfront Wealth Inc. now owns 17,404 shares of the auto parts company’s stock worth $2,107,000 after purchasing an additional 89 shares during the period. Finally, Inspire Advisors LLC raised its holdings in Lear by 4.5% during the 4th quarter. Inspire Advisors LLC now owns 2,147 shares of the auto parts company’s stock worth $246,000 after purchasing an additional 92 shares during the last quarter. 97.04% of the stock is owned by institutional investors and hedge funds.

Lear Price Performance

Lear stock opened at $131.05 on Friday. The firm has a market capitalization of $6.46 billion, a P/E ratio of 12.21, a PEG ratio of 0.79 and a beta of 1.26. Lear Corporation has a 1 year low of $96.04 and a 1 year high of $150.33. The business has a 50-day moving average of $131.51 and a 200-day moving average of $130.80. The company has a current ratio of 1.31, a quick ratio of 1.04 and a debt-to-equity ratio of 0.51.

Lear (NYSE:LEA – Get Free Report) last released its quarterly earnings data on Friday, July 31st. The auto parts company reported $4.28 earnings per share for the quarter, topping the consensus estimate of $3.98 by $0.30. Lear had a net margin of 2.35% and a return on equity of 14.18%. The business had revenue of $6.21 billion for the quarter, compared to analyst estimates of $6.15 billion. During the same quarter last year, the firm earned $3.06 EPS. Lear’s quarterly revenue was up 3.0% compared to the same quarter last year. On average, equities analysts anticipate that Lear Corporation will post 14.86 EPS for the current year.

Lear Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, September 22nd. Stockholders of record on Wednesday, September 2nd will be issued a $0.77 dividend. The ex-dividend date of this dividend is Wednesday, September 2nd. This represents a $3.08 annualized dividend and a dividend yield of 2.4%. Lear’s payout ratio is 28.70%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Wells Fargo & Company raised their target price on shares of Lear from $137.00 to $138.00 and gave the company an “equal weight” rating in a research note on Monday, August 3rd. JPMorgan Chase & Co. boosted their price target on shares of Lear from $153.00 to $159.00 and gave the stock an “overweight” rating in a research note on Friday, July 10th. BNP Paribas Exane lowered shares of Lear from an “outperform” rating to a “neutral” rating in a report on Monday, August 3rd. TD Cowen raised shares of Lear from a “hold” rating to a “buy” rating and raised their price objective for the company from $138.00 to $165.00 in a research note on Tuesday, May 26th. Finally, Royal Bank Of Canada lifted their target price on shares of Lear from $138.00 to $143.00 and gave the stock a “sector perform” rating in a report on Monday, July 13th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $145.23.

Check Out Our Latest Stock Report on LEA

More Lear News

Here are the key news stories impacting Lear this week:

Positive Sentiment: Brokerages have assigned Lear an average price target of $145.23, implying meaningful upside from the stock’s recent trading level near $131. This supports the view that analysts see value in Lear’s automotive seating and E-Systems businesses. Lear Corporation Receives $145.23 Average Price Target from Brokerages
Neutral Sentiment: Lear will participate in a fireside chat at Morgan Stanley’s 14th Annual Laguna Conference on September 16. The event may give investors additional insight into demand trends, margins, restructuring, and electrification strategy, but the announcement itself provided no new financial information. Lear to Participate in Morgan Stanley 14th Annual Laguna Conference

Insiders Place Their Bets

In related news, CEO Raymond Scott sold 50,000 shares of the firm’s stock in a transaction on Wednesday, June 24th. The stock was sold at an average price of $135.37, for a total transaction of $6,768,500.00. Following the sale, the chief executive officer owned 49,789 shares of the company’s stock, valued at approximately $6,739,936.93. This trade represents a 50.11% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Conrad L. Mallett, Jr. sold 1,646 shares of Lear stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $121.35, for a total value of $199,742.10. Following the transaction, the director owned 37 shares in the company, valued at approximately $4,489.95. This represents a 97.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 51,836 shares of company stock valued at $6,995,097. 1.02% of the stock is owned by corporate insiders.

About Lear

(Free Report)

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.