Foster & Motley Inc. Grows Holdings in Lear Corporation $LEA

Foster & Motley Inc. lifted its position in shares of Lear Corporation (NYSE:LEA) by 104.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 8,065 shares of the auto parts company’s stock after buying an additional 4,111 shares during the quarter. Foster & Motley Inc.’s holdings in Lear were worth $977,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. M&T Bank Corp lifted its stake in shares of Lear by 46,707.8% during the fourth quarter. M&T Bank Corp now owns 951,602 shares of the auto parts company’s stock valued at $109,054,000 after buying an additional 949,569 shares during the period. Norges Bank purchased a new stake in Lear in the 4th quarter worth approximately $82,016,000. Balyasny Asset Management L.P. acquired a new position in Lear in the 2nd quarter valued at $39,656,000. Caisse de depot et placement du Quebec acquired a new position in Lear in the 3rd quarter valued at $40,984,000. Finally, American Century Companies Inc. lifted its stake in shares of Lear by 23.6% during the 3rd quarter. American Century Companies Inc. now owns 1,569,341 shares of the auto parts company’s stock worth $157,891,000 after purchasing an additional 299,841 shares during the period. Institutional investors and hedge funds own 97.04% of the company’s stock.

Insider Transactions at Lear

In other news, SVP Nicholas Jon Roelli sold 2,336 shares of the firm’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $141.38, for a total value of $330,263.68. Following the transaction, the senior vice president directly owned 2,339 shares in the company, valued at $330,687.82. This trade represents a 49.97% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CFO Jason M. Cardew sold 5,000 shares of Lear stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $147.50, for a total value of $737,500.00. Following the completion of the transaction, the chief financial officer directly owned 13,241 shares in the company, valued at $1,953,047.50. This represents a 27.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 62,026 shares of company stock worth $8,498,248 in the last three months. 1.02% of the stock is currently owned by insiders.

Key Headlines Impacting Lear

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

Lear Stock Down 0.9%

Shares of LEA opened at $136.93 on Friday. The firm has a market cap of $6.86 billion, a PE ratio of 13.69, a price-to-earnings-growth ratio of 0.70 and a beta of 1.23. The company’s fifty day moving average is $136.71 and its two-hundred day moving average is $127.35. Lear Corporation has a fifty-two week low of $91.67 and a fifty-two week high of $150.33. The company has a quick ratio of 1.05, a current ratio of 1.33 and a debt-to-equity ratio of 0.51.

Lear (NYSE:LEA) last announced its quarterly earnings data on Friday, May 1st. The auto parts company reported $3.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.51 by $0.36. The company had revenue of $5.82 billion during the quarter, compared to analysts’ expectations of $5.84 billion. Lear had a net margin of 2.25% and a return on equity of 13.69%. The business’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period in the previous year, the company earned $3.12 EPS. Analysts forecast that Lear Corporation will post 14.64 earnings per share for the current year.

Lear Dividend Announcement

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

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. UBS Group decreased their price objective on Lear from $145.00 to $135.00 and set a “neutral” rating on the stock in a report on Tuesday, April 14th. Weiss Ratings upgraded Lear from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday. The Goldman Sachs Group increased their target price on Lear from $115.00 to $131.00 and gave the stock a “neutral” rating in a research report on Monday, May 4th. Wells Fargo & Company raised their price target on Lear from $133.00 to $137.00 and gave the stock an “equal weight” rating in a research note on Thursday. Finally, Bank of America began coverage on Lear in a report on Wednesday, March 4th. They issued a “neutral” rating for the company. One investment 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 stock. According to data from MarketBeat, Lear presently has a consensus rating of “Hold” and a consensus price target of $143.38.

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.