Lear Corporation $LEA Shares Sold by Pzena Investment Management LLC

Pzena Investment Management LLC reduced its position in Lear Corporation (NYSE:LEA) by 0.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,467,354 shares of the auto parts company’s stock after selling 30,063 shares during the period. Lear comprises 2.6% of Pzena Investment Management LLC’s investment portfolio, making the stock its 17th biggest position. Pzena Investment Management LLC owned approximately 0.14% of Lear worth $855,759,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. WealthCollab LLC purchased a new position in shares of Lear in the second quarter valued at $28,000. Allworth Financial LP boosted its position in shares of Lear by 62.6% in the 3rd quarter. Allworth Financial LP now owns 309 shares of the auto parts company’s stock worth $31,000 after buying an additional 119 shares in the last quarter. Global Retirement Partners LLC grew its stake in Lear by 942.3% in the 4th quarter. Global Retirement Partners LLC now owns 271 shares of the auto parts company’s stock valued at $31,000 after acquiring an additional 245 shares during the last quarter. Advisory Services Network LLC purchased a new position in Lear during the 3rd quarter valued at about $33,000. Finally, Quarry LP increased its holdings in Lear by 94.9% during the 3rd quarter. Quarry LP now owns 458 shares of the auto parts company’s stock valued at $46,000 after acquiring an additional 223 shares in the last quarter. Institutional investors and hedge funds own 97.04% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on LEA shares. Morgan Stanley set a $130.00 price target on shares of Lear in a report on Monday, May 4th. Argus raised shares of Lear to a “strong-buy” rating in a research note on Monday, February 9th. JPMorgan Chase & Co. upped their target price on Lear from $152.00 to $153.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. Barclays increased their target price on Lear from $140.00 to $150.00 and gave the company an “equal weight” rating in a report on Tuesday, May 5th. Finally, Wells Fargo & Company raised their price target on Lear from $126.00 to $133.00 and gave the stock an “equal weight” rating in a research report on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $140.54.

Lear News Summary

Here are the key news stories impacting Lear this week:

• Positive Sentiment: Lear announced that both of its business segments won 2025 GM Supplier of the Year Awards for Seating and E-Systems, which can support investor confidence in Lear’s product quality, customer relationships, and competitive position. Lear Wins 2025 GM Supplier of the Year Awards for Seating and E-Systems
• Neutral Sentiment: Recent articles about red light therapy, quantum computing, community development, and general investing topics do not appear related to Lear’s operating performance or outlook.
• Neutral Sentiment: The company’s latest quarterly results remain supportive in the background: Lear previously beat EPS expectations, though revenue came in slightly below estimates, leaving investors focused on execution and margin trends.

Insider Buying and Selling at Lear

In other news, VP Marianne Vidershain sold 1,590 shares of the business’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $135.00, for a total value of $214,650.00. Following the completion of the transaction, the vice president directly owned 1,862 shares of the company’s stock, valued at $251,370. The trade was a 46.06% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 1.02% of the stock is currently owned by company insiders.

Lear Stock Performance

NYSE LEA opened at $138.36 on Friday. Lear Corporation has a fifty-two week low of $86.14 and a fifty-two week high of $142.84. The stock has a market cap of $6.93 billion, a price-to-earnings ratio of 13.84, a price-to-earnings-growth ratio of 0.68 and a beta of 1.21. The business has a fifty day moving average of $124.93 and a 200-day moving average of $121.08. 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 released 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 return on equity of 13.69% and a net margin of 2.25%.The company had revenue of $5.82 billion during the quarter, compared to analysts’ expectations of $5.84 billion. During the same period in the previous year, the firm posted $3.12 earnings per share. The business’s revenue for the quarter was up 4.7% compared to the same quarter last year. As a group, analysts predict that Lear Corporation will post 14.57 earnings per share for the current fiscal year.

Lear Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 23rd. Stockholders of record on Wednesday, June 3rd will be issued a $0.77 dividend. This represents a $3.08 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend is Wednesday, June 3rd. Lear’s payout ratio is 30.80%.

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.