Capula Management Ltd purchased a new position in shares of Leggett & Platt, Incorporated (NYSE:LEG – Free Report) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 79,400 shares of the company’s stock, valued at approximately $784,000. Capula Management Ltd owned 0.06% of Leggett & Platt as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also bought and sold shares of the company. Palisade Asset Management LLC bought a new position in Leggett & Platt during the 3rd quarter worth $29,000. Motiv8 Investments LLC bought a new stake in shares of Leggett & Platt in the 4th quarter valued at about $34,000. Hantz Financial Services Inc. grew its position in shares of Leggett & Platt by 32.0% in the 4th quarter. Hantz Financial Services Inc. now owns 3,231 shares of the company’s stock valued at $36,000 after buying an additional 783 shares during the last quarter. Advisory Services Network LLC acquired a new stake in shares of Leggett & Platt in the third quarter valued at about $51,000. Finally, Kingdom Financial Group LLC. acquired a new stake in shares of Leggett & Platt in the fourth quarter valued at about $66,000. 64.23% of the stock is currently owned by institutional investors and hedge funds.
Leggett & Platt News Roundup
Here are the key news stories impacting Leggett & Platt this week:
- Positive Sentiment: Zacks Research raised longer-term earnings estimates for Leggett & Platt and upgraded the stock from strong sell to hold, suggesting a somewhat improved outlook for profitability. Zacks Research upgrade and estimate revisions
- Neutral Sentiment: The company announced it will release second-quarter 2026 earnings on August 6, 2026, before the market opens. This keeps investors focused on upcoming results, but the announcement itself does not change fundamentals. Leggett & Platt Announces 2Q 2026 Earnings Release Date
- Neutral Sentiment: Leggett & Platt also said it will not host an earnings call, which may limit the amount of detail investors get when the results are released. Leggett & Platt to Release Second Quarter 2026 Earnings Results on August 6, 2026
- Neutral Sentiment: Recent commentary from Zacks and Seeking Alpha reflects a divided view on the stock, with one note turning more constructive while another remains bearish. That split likely adds to investor caution rather than providing a clear catalyst. Zacks article
Analyst Upgrades and Downgrades
Get Our Latest Stock Analysis on LEG
Leggett & Platt Stock Performance
LEG stock opened at $10.62 on Friday. The stock has a 50-day moving average price of $10.68 and a 200-day moving average price of $11.00. Leggett & Platt, Incorporated has a 1-year low of $7.86 and a 1-year high of $13.00. The company has a current ratio of 2.33, a quick ratio of 1.45 and a debt-to-equity ratio of 1.44. The firm has a market cap of $1.45 billion, a PE ratio of 6.59 and a beta of 0.71.
Leggett & Platt (NYSE:LEG – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.26 by ($0.11). Leggett & Platt had a net margin of 5.69% and a return on equity of 12.62%. The business had revenue of $918.20 million during the quarter, compared to analyst estimates of $946.79 million. During the same period in the prior year, the firm earned $0.24 earnings per share. The firm’s revenue for the quarter was down 10.2% compared to the same quarter last year. As a group, equities research analysts expect that Leggett & Platt, Incorporated will post 0.9 earnings per share for the current year.
Leggett & Platt Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Monday, June 15th were issued a dividend of $0.05 per share. This represents a $0.20 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date was Monday, June 15th. Leggett & Platt’s dividend payout ratio is presently 12.42%.
Leggett & Platt Profile
Leggett & Platt, Inc is a diversified manufacturer specializing in the design, engineering and production of a wide range of engineered components and products. The company’s offerings span several end markets, including residential bedding, commercial and residential furniture, automotive seating and interiors, aerospace applications and industrial products. By integrating product design with proprietary manufacturing processes, Leggett & Platt serves as a key supplier to both original equipment manufacturers and aftermarket distributors.
The company’s core product lines include coil springs and support systems for mattresses and furniture, adjustable bed mechanisms, engineered components such as extruded and formed metal products, and specialty foam and bedding products.
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