Insider Selling: Lear (NYSE:LEA) CEO Sells $6,768,500.00 in Stock

Lear Corporation (NYSE:LEAGet Free Report) CEO Raymond Scott sold 50,000 shares of the company’s 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 transaction, the chief executive officer directly owned 49,789 shares in the company, valued at approximately $6,739,936.93. The trade was a 50.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Lear Stock Performance

Lear stock opened at $136.93 on Friday. Lear Corporation has a 52 week low of $91.67 and a 52 week high of $150.33. The company has a current ratio of 1.33, a quick ratio of 1.05 and a debt-to-equity ratio of 0.51. The stock has a market cap of $6.86 billion, a P/E ratio of 13.69, a price-to-earnings-growth ratio of 0.70 and a beta of 1.23. The stock has a 50 day moving average of $136.71 and a 200-day moving average of $127.35.

Lear (NYSE:LEAGet Free Report) last issued its quarterly earnings results on Friday, May 1st. The auto parts company reported $3.87 earnings per share (EPS) 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 business had revenue of $5.82 billion during the quarter, compared to analyst estimates of $5.84 billion. During the same quarter in the previous year, the firm earned $3.12 earnings per share. The business’s revenue was up 4.7% compared to the same quarter last year. On average, analysts expect that Lear Corporation will post 14.64 EPS for the current fiscal year.

Lear Announces Dividend

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

Analysts Set New Price Targets

LEA has been the subject of several research reports. Citigroup lifted their target price on Lear from $177.00 to $179.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Weiss Ratings raised shares of Lear from a “hold (c+)” rating to a “buy (b-)” rating in a report on Tuesday. TD Cowen raised shares of Lear from a “hold” rating to a “buy” rating and increased their target price for the stock from $138.00 to $165.00 in a report on Tuesday, May 26th. Barclays lifted their price target on shares of 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 increased their price objective on shares of Lear from $133.00 to $137.00 and gave the stock an “equal weight” rating in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, Lear has a consensus rating of “Hold” and an average target price of $143.38.

View Our Latest Stock Analysis on LEA

Lear News Summary

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Altshuler Shaham Ltd bought a new stake in Lear in the fourth quarter worth about $25,000. WealthCollab LLC acquired a new position in Lear during the second quarter valued at $28,000. Los Angeles Capital Management LLC acquired a new position in shares of Lear in the 4th quarter valued at about $30,000. Allworth Financial LP lifted its position in shares of Lear by 62.6% in the third quarter. Allworth Financial LP now owns 309 shares of the auto parts company’s stock worth $31,000 after purchasing an additional 119 shares in the last quarter. Finally, Global Retirement Partners LLC boosted its holdings in shares of Lear by 942.3% during the fourth quarter. Global Retirement Partners LLC now owns 271 shares of the auto parts company’s stock worth $31,000 after purchasing an additional 245 shares during the period. Institutional investors own 97.04% of the company’s stock.

Lear Company Profile

(Get Free Report)

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.

See Also

Insider Buying and Selling by Quarter for Lear (NYSE:LEA)

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