Raymond Scott Sells 50,000 Shares of Lear (NYSE:LEA) Stock

Lear Corporation (NYSE:LEA) CEO Raymond Scott sold 50,000 shares of the stock in a transaction that occurred on Wednesday, June 24th. The shares were sold at an average price of $135.37, for a total value of $6,768,500.00. Following the completion of the sale, the chief executive officer directly owned 49,789 shares of the company’s stock, valued at $6,739,936.93. The trade was a 50.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Lear Stock Performance

Shares of Lear stock opened at $136.93 on Friday. The firm’s fifty day simple moving average is $136.71 and its 200-day simple moving average is $127.35. Lear Corporation has a 12 month low of $91.67 and a 12 month high of $150.33. The stock has a market capitalization of $6.86 billion, a price-to-earnings ratio of 13.69, a PEG ratio of 0.70 and a beta of 1.23. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.33 and a quick ratio of 1.05.

Lear (NYSE:LEA) last issued its quarterly earnings results on Friday, May 1st. The auto parts company reported $3.87 earnings per share for the quarter, topping analysts’ consensus estimates of $3.51 by $0.36. Lear had a net margin of 2.25% and a return on equity of 13.69%. The firm had revenue of $5.82 billion during the quarter, compared to analysts’ expectations of $5.84 billion. During the same quarter in the prior year, the business earned $3.12 EPS. Lear’s quarterly revenue was up 4.7% compared to the same quarter last year. As a group, equities analysts forecast that Lear Corporation will post 14.61 earnings per share for the current year.

Lear Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Wednesday, June 3rd were paid a dividend of $0.77 per share. The ex-dividend date was Wednesday, June 3rd. This represents a $3.08 annualized dividend and a dividend yield of 2.2%. Lear’s dividend payout ratio is 30.80%.

Institutional Investors Weigh In On Lear

Hedge funds have recently added to or reduced their stakes in the company. M&T Bank Corp increased its position in Lear by 46,707.8% during the 4th quarter. M&T Bank Corp now owns 951,602 shares of the auto parts company’s stock worth $109,054,000 after purchasing an additional 949,569 shares during the period. Norges Bank acquired a new stake in shares of Lear in the 4th quarter valued at approximately $82,016,000. Balyasny Asset Management L.P. purchased a new stake in shares of Lear in the second quarter valued at approximately $39,656,000. Caisse de depot et placement du Quebec purchased a new stake in shares of Lear in the third quarter valued at approximately $40,984,000. Finally, American Century Companies Inc. grew its holdings in Lear by 23.6% during the third quarter. American Century Companies Inc. now owns 1,569,341 shares of the auto parts company’s stock worth $157,891,000 after acquiring an additional 299,841 shares during the period. Institutional investors and hedge funds own 97.04% of the company’s stock.

Wall Street Analyst Weigh In

LEA has been the subject of several analyst reports. UBS Group reduced their price objective on Lear from $145.00 to $135.00 and set a “neutral” rating for the company in a research note on Tuesday, April 14th. The Goldman Sachs Group lifted their target price on Lear from $115.00 to $131.00 and gave the company a “neutral” rating in a research note on Monday, May 4th. Deutsche Bank Aktiengesellschaft set a $133.00 target price on Lear in a report on Monday, May 4th. Bank of America began coverage on Lear in a research note on Wednesday, March 4th. They set a “neutral” rating for the company. Finally, Wells Fargo & Company increased their price target on Lear from $133.00 to $137.00 and gave the stock an “equal weight” rating in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, Lear presently has an average rating of “Hold” and an average price target of $143.38.

Key Lear News

Here are the key news stories impacting Lear this week:

• Positive Sentiment: Wells Fargo raised its price target on Lear to $137 from $133, reinforcing valuation support even though the firm kept an equal-weight rating. Wells Fargo price target update
• Positive Sentiment: Recent commentary from Zacks highlighted Lear as a strong growth stock, adding to the view that the company’s fundamentals remain solid. Zacks growth stock article
• Neutral Sentiment: Lear announced it will host its second-quarter 2026 earnings conference call on July 31, keeping investors focused on upcoming results rather than on any new operating surprise. Earnings call announcement
• Negative Sentiment: CEO Raymond E. Scott sold 50,000 shares of Lear stock, a sizable insider transaction that can be read as a cautionary signal by some investors. CEO insider sale filing

About Lear

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.