State of Wyoming Buys 5,411 Shares of Lear Corporation $LEA

State of Wyoming bought a new position in shares of Lear Corporation (NYSE:LEA) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 5,411 shares of the auto parts company’s stock, valued at approximately $639,000.

Other large investors have also recently modified their holdings of the company. Dimensional Fund Advisors LP raised its holdings in shares of Lear by 3.8% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,943,480 shares of the auto parts company’s stock worth $356,380,000 after buying an additional 107,678 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in Lear in the second quarter valued at about $65,397,000. Sei Investments Co. boosted its stake in Lear by 28.8% in the first quarter. Sei Investments Co. now owns 176,084 shares of the auto parts company’s stock valued at $21,320,000 after buying an additional 39,422 shares in the last quarter. Quantinno Capital Management LP grew its position in Lear by 14.4% in the first quarter. Quantinno Capital Management LP now owns 151,156 shares of the auto parts company’s stock valued at $18,302,000 after acquiring an additional 18,990 shares during the last quarter. Finally, Diamond Hill Capital Management LLC Investment Advisor bought a new position in Lear in the second quarter valued at about $17,423,000. Institutional investors and hedge funds own 97.04% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on the stock. The Goldman Sachs Group dropped their target price on shares of Lear from $140.00 to $124.00 and set a “buy” rating for the company in a report on Tuesday, October 6th. Royal Bank Of Canada decreased their price target on shares of Lear from $143.00 to $139.00 and set a “sector perform” rating on the stock in a report on Monday, October 12th. BNP Paribas Exane cut shares of Lear from an “outperform” rating to a “neutral” rating in a research report on Monday, August 3rd. UBS Group lowered their price objective on shares of Lear from $141.00 to $132.00 and set a “neutral” rating for the company in a research report on Wednesday, October 7th. Finally, Barclays cut their target price on shares of Lear from $155.00 to $145.00 and set an “equal weight” rating on the stock in a research report on Friday, October 9th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and twelve have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $143.58.

Lear News Summary

Here are the key news stories impacting Lear this week:

• Positive Sentiment: Lear reported third-quarter adjusted EPS of $3.71, above the $3.32 consensus estimate, while revenue, core operating earnings, net income and earnings per share increased year over year despite lower vehicle production. Lear Corporation Third Quarter 2026 Results
• Positive Sentiment: Management outlined a share-repurchase program of up to $1.5 billion through 2029. The capital-return plan could support per-share earnings and signals confidence in Lear’s cash-generation capacity. Lear Buyback and Orion Automation Plans
• Positive Sentiment: Lear is scaling its Orion automation initiative, which management expects could reduce conversion costs by approximately 10% to 15%. Successful execution would improve margins and offset some industry pressure. Lear Orion Automation Initiative
• Neutral Sentiment: The earnings call highlighted a 33% increase in adjusted EPS and higher core earnings, but investors are focused on whether those gains can continue while global vehicle production and customer demand remain uneven. Lear Q3 2026 Earnings Call Highlights
• Negative Sentiment: Lear’s revenue outlook disappointed investors even though earnings beat expectations. Third-quarter revenue of $5.77 billion was slightly below the $5.81 billion consensus, and weaker sales guidance raised concerns about near-term demand and auto-production trends. Lear Shares Fall as Revenue Outlook Disappoints

Lear Price Performance

Shares of LEA opened at $118.47 on Monday. Lear Corporation has a 12-month low of $99.00 and a 12-month high of $150.33. The business has a 50-day simple moving average of $122.17 and a two-hundred day simple moving average of $128.37. The company has a quick ratio of 0.92, a current ratio of 1.18 and a debt-to-equity ratio of 0.40. The stock has a market cap of $5.84 billion, a PE ratio of 10.35, a PEG ratio of 0.67 and a beta of 1.28.

Lear (NYSE:LEA) last announced its quarterly earnings results on Friday, October 30th. The auto parts company reported $3.71 EPS for the quarter, beating analysts’ consensus estimates of $3.32 by $0.39. The firm had revenue of $5.77 billion for the quarter, compared to analyst estimates of $5.81 billion. Lear had a return on equity of 14.92% and a net margin of 2.46%. The business’s revenue for the quarter was up 1.6% on a year-over-year basis. During the same period last year, the firm posted $2.79 earnings per share. Analysts anticipate that Lear Corporation will post 14.88 earnings per share for the current fiscal year.

Lear Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 22nd. Investors of record on Wednesday, September 2nd were issued a $0.77 dividend. This represents a $3.08 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date was Wednesday, September 2nd. Lear’s dividend payout ratio (DPR) is 28.70%.

Lear declared that its Board of Directors has approved a share repurchase program on Thursday, September 24th that allows the company to buy back $1.50 billion in outstanding shares. This buyback authorization allows the auto parts company to buy up to 25.7% of its shares through open market purchases. Stock buyback programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Insider Buying and Selling

In other Lear news, Director Conrad L. Mallett, Jr. sold 1,646 shares of the business’s stock in a transaction that occurred on Thursday, August 6th. The shares were sold at an average price of $121.35, for a total transaction of $199,742.10. Following the sale, the director directly owned 37 shares of the company’s stock, valued at $4,489.95. The trade was a 97.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 1.02% of the stock is currently owned by corporate insiders.

Lear Company Profile

Lear Corporation is a global automotive technology company that designs and manufactures products used in passenger vehicles and commercial vehicles. Its operations are organized primarily around two areas: seating and e-systems. Lear supplies complete vehicle seating systems, including seats, structures, mechanisms, foam, covers and related components, as well as electrical distribution systems and other technologies that support vehicle power management and connectivity.

The company serves automotive manufacturers and their vehicle programs in major markets across North America, Europe, Asia and other regions.