Lear Corporation $LEA Shares Purchased by Empowered Funds LLC

Empowered Funds LLC raised its position in shares of Lear Corporation (NYSE:LEA) by 72.9% in the first quarter, HoldingsChannel.com reports. The firm owned 44,235 shares of the auto parts company’s stock after buying an additional 18,657 shares during the period. Empowered Funds LLC’s holdings in Lear were worth $5,356,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of LEA. UMB Bank n.a. lifted its holdings in shares of Lear by 15.0% in the fourth quarter. UMB Bank n.a. now owns 676 shares of the auto parts company’s stock valued at $77,000 after buying an additional 88 shares during the period. Waterfront Wealth Inc. grew its holdings in Lear by 0.5% during the first quarter. Waterfront Wealth Inc. now owns 17,404 shares of the auto parts company’s stock worth $2,107,000 after acquiring an additional 89 shares during the period. Inspire Advisors LLC grew its holdings in Lear by 4.5% during the fourth quarter. Inspire Advisors LLC now owns 2,147 shares of the auto parts company’s stock worth $246,000 after acquiring an additional 92 shares during the period. Allworth Financial LP raised its position in Lear by 32.0% in the fourth quarter. Allworth Financial LP now owns 408 shares of the auto parts company’s stock worth $47,000 after acquiring an additional 99 shares in the last quarter. Finally, Advisors Asset Management Inc. lifted its holdings in Lear by 2.1% in the 4th quarter. Advisors Asset Management Inc. now owns 5,899 shares of the auto parts company’s stock valued at $676,000 after acquiring an additional 121 shares during the last quarter. 97.04% of the stock is currently owned by institutional investors and hedge funds.

Lear Trading Down 10.7%

Lear stock opened at $130.63 on Friday. Lear Corporation has a 52 week low of $91.67 and a 52 week high of $150.33. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.05 and a current ratio of 1.33. The firm has a market capitalization of $6.54 billion, a price-to-earnings ratio of 12.17, a P/E/G ratio of 0.63 and a beta of 1.25. The company has a 50 day moving average price of $140.07 and a 200 day moving average price of $131.11.

Lear (NYSE:LEA) last announced its earnings results on Friday, July 31st. The auto parts company reported $4.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.98 by $0.30. The company had revenue of $6.21 billion for the quarter, compared to the consensus estimate of $6.15 billion. Lear had a net margin of 2.25% and a return on equity of 13.69%. The company’s revenue was up 3.0% on a year-over-year basis. During the same period in the previous year, the business earned $3.06 EPS. Research analysts forecast that Lear Corporation will post 14.81 EPS for the current year.

Lear Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Wednesday, June 3rd were issued a dividend of $0.77 per share. The ex-dividend date was Wednesday, June 3rd. This represents a $3.08 dividend on an annualized basis and a dividend yield of 2.4%. Lear’s payout ratio is currently 30.80%.

Analyst Ratings Changes

LEA has been the topic of several recent research reports. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $140.00 price objective on shares of Lear in a research note on Saturday. Wall Street Zen cut shares of Lear from a “strong-buy” rating to a “buy” rating in a report on Saturday. Weiss Ratings raised Lear from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday, June 23rd. Barclays raised their price objective on Lear from $150.00 to $155.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 9th. Finally, TD Cowen raised Lear from a “hold” rating to a “buy” rating and boosted their target price for the stock from $138.00 to $165.00 in a research report on Tuesday, May 26th. One investment analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat.com, Lear has an average rating of “Hold” and an average price target of $145.31.

Key Stories Impacting Lear

Here are the key news stories impacting Lear this week:

• Positive Sentiment: Lear reported second-quarter adjusted EPS of $4.28, above the approximately $3.98 consensus estimate, while revenue of $6.21 billion also exceeded expectations of roughly $6.15 billion. EPS rose from $3.06 a year earlier and revenue increased 3%. Lear Reports Second Quarter 2026 Results; Raises Full-Year Guidance
• Positive Sentiment: The company raised the midpoints of its 2026 outlook, targeting revenue of approximately $23.54 billion to $24.01 billion and core operating earnings of about $1.08 billion to $1.20 billion. Lear cited roughly 3% year-over-year revenue growth, gains above overall vehicle-market growth, and improving operating margins. Lear Reports Second Quarter 2026 Results; Raises Full-Year Guidance
• Positive Sentiment: Adjusted EPS increased about 23% year over year, free cash flow improved by approximately $117 million, and Lear repurchased $100 million of stock during the quarter. Lear Corporation 2026 Q2 Results Presentation
• Neutral Sentiment: Analyst price targets remain mixed, with recent targets ranging from $131 to $179 and a six-month median of $145.50, indicating differing views on Lear’s earnings power and automotive-market prospects.
• Negative Sentiment: Investors appear to have treated the results as a “sell-the-news” event because the guidance increase and margin improvement may not have exceeded already high expectations. Separately, reported insider activity showed 20 open-market sales and no purchases over the past six months, which may add to near-term sentiment pressure. Lear Slides After Q2 Despite Higher 2026 Outlook

Insiders Place Their Bets

In other Lear news, CEO Raymond E. Scott sold 50,000 shares of the firm’s stock in a transaction dated 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 completion of the sale, the chief executive officer directly owned 49,789 shares in the company, valued at approximately $6,739,936.93. This trade represents a 50.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Conrad L. Mallett, Jr. sold 190 shares of Lear stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $141.34, for a total value of $26,854.60. Following the transaction, the director directly owned 1,683 shares in the company, valued at approximately $237,875.22. This trade represents a 10.14% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 62,026 shares of company stock valued at $8,498,248 over the last ninety days. Corporate insiders own 1.02% of the company’s stock.

Lear Company 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.