Andra AP fonden Increases Stock Position in Lear Corporation $LEA

Andra AP fonden increased its holdings in Lear Corporation (NYSE:LEA) by 1,131.3% during the third quarter, HoldingsChannel.com reports. The fund owned 22,078 shares of the auto parts company’s stock after buying an additional 20,285 shares during the period. Andra AP fonden’s holdings in Lear were worth $2,221,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently bought and sold shares of LEA. Vest Financial LLC boosted its stake in shares of Lear by 134.9% during the third quarter. Vest Financial LLC now owns 25,951 shares of the auto parts company’s stock worth $2,611,000 after buying an additional 14,904 shares during the period. Capital Management Corp VA purchased a new stake in Lear during the 3rd quarter valued at approximately $2,295,000. Meritage Portfolio Management purchased a new stake in Lear during the 3rd quarter valued at approximately $3,268,000. Prudential Financial Inc. lifted its position in Lear by 2,060.5% during the 2nd quarter. Prudential Financial Inc. now owns 104,720 shares of the auto parts company’s stock worth $10,009,000 after acquiring an additional 99,873 shares during the period. Finally, RWC Asset Management LLP grew its stake in shares of 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 purchasing an additional 20,900 shares during the last quarter. Institutional investors and hedge funds own 97.04% of the company’s stock.

Lear Price Performance

Shares of NYSE 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 firm has a market capitalization of $6.65 billion, a P/E ratio of 16.09, a PEG ratio of 1.03 and a beta of 1.30. The company’s fifty day moving average is $125.72 and its two-hundred day moving average is $112.80.

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

Lear Dividend Announcement

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

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on LEA shares. Morgan Stanley upped their price target on Lear from $112.00 to $123.00 and gave the stock an “equal weight” rating in a research note on Thursday, February 5th. Evercore upped their price objective on shares of Lear from $110.00 to $120.00 and gave the stock an “in-line” rating in a research report on Monday, November 24th. Barclays set a $140.00 target price on shares of Lear in a research note on Thursday, February 5th. UBS Group lifted their target price on shares of Lear from $135.00 to $145.00 and gave the company a “neutral” rating in a report on Thursday, February 5th. Finally, Wall Street Zen raised shares of Lear from a “buy” rating to a “strong-buy” rating in a report on Friday, January 23rd. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat, Lear has an average rating of “Hold” and a consensus target price of $138.27.

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

Insider Transactions at Lear

In other news, SVP Harry Albert Kemp sold 7,000 shares of the firm’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $136.31, for a total value of $954,170.00. Following the completion of the transaction, the senior vice president owned 17,423 shares in the company, valued at $2,374,929.13. This trade represents a 28.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Alicia J. Davis sold 6,630 shares of Lear stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $132.98, for a total value of $881,657.40. Following the transaction, the senior vice president directly owned 9,972 shares of the company’s stock, valued at $1,326,076.56. This trade represents a 39.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 30,220 shares of company stock worth $3,986,427. 0.91% of the stock is currently owned by insiders.

Lear 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.