Lear (NYSE:LEA) Price Target Raised to $138.00

Lear (NYSE:LEA) had its target price increased by Wells Fargo & Company from $137.00 to $138.00 in a research note issued to investors on Monday,Benzinga reports. They currently have an equal weight rating on the auto parts company’s stock.

LEA has been the subject of several other reports. BNP Paribas Exane cut shares of Lear from an “outperform” rating to a “neutral” rating in a research note on Monday. Barclays raised their price objective on Lear from $150.00 to $155.00 and gave the stock an “equal weight” rating in a report on Thursday, July 9th. JPMorgan Chase & Co. lifted their price objective on Lear from $153.00 to $159.00 and gave the company an “overweight” rating in a research report on Friday, July 10th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $140.00 target price on shares of Lear in a research note on Saturday. Finally, UBS Group reduced their target price on Lear from $145.00 to $135.00 and set a “neutral” rating on the stock in a research report on Tuesday, April 14th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $145.23.

Lear Price Performance

Lear stock opened at $125.21 on Monday. The stock has a market capitalization of $6.18 billion, a P/E ratio of 11.67, a P/E/G ratio of 0.61 and a beta of 1.25. Lear has a 12-month low of $94.71 and a 12-month high of $150.33. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.31 and a quick ratio of 1.04. The firm’s 50-day moving average is $139.02 and its two-hundred day moving average is $131.18.

Lear (NYSE:LEA) last posted its quarterly earnings data on Friday, July 31st. The auto parts company reported $4.28 earnings per share for the quarter, beating analysts’ consensus estimates of $3.98 by $0.30. The business had revenue of $6.21 billion during the quarter, compared to analyst estimates of $6.15 billion. Lear had a net margin of 2.35% and a return on equity of 14.18%. The company’s revenue was up 3.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $3.06 earnings per share. Equities analysts predict that Lear will post 14.88 earnings per share for the current year.

Lear Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Wednesday, June 3rd were issued a $0.77 dividend. This represents a $3.08 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Wednesday, June 3rd. Lear’s dividend payout ratio (DPR) is 28.70%.

Insider Activity at Lear

In other news, CEO Raymond E. Scott sold 50,000 shares of the company’s stock in a transaction on 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 $6,739,936.93. This represents a 50.11% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Jason M. Cardew sold 5,000 shares of the stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $147.50, for a total value of $737,500.00. Following the completion of the transaction, the chief financial officer directly owned 13,241 shares in the company, valued at $1,953,047.50. This trade represents a 27.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 62,026 shares of company stock valued at $8,498,248 over the last quarter. 1.02% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Lear

A number of large investors have recently modified their holdings of the company. Dimensional Fund Advisors LP grew 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 purchasing an additional 107,678 shares during the period. Schroder Investment Management Group raised its holdings in Lear by 0.3% in the fourth quarter. Schroder Investment Management Group now owns 1,830,466 shares of the auto parts company’s stock valued at $212,938,000 after buying an additional 5,409 shares during the period. M&T Bank Corp lifted its position in Lear by 46,707.8% during the fourth quarter. M&T Bank Corp now owns 951,602 shares of the auto parts company’s stock valued at $109,054,000 after buying an additional 949,569 shares in the last quarter. Jacobs Levy Equity Management Inc. lifted its position in Lear by 7.8% during the fourth quarter. Jacobs Levy Equity Management Inc. now owns 791,293 shares of the auto parts company’s stock valued at $90,682,000 after buying an additional 57,206 shares in the last quarter. Finally, AQR Capital Management LLC grew its stake in Lear by 34.1% during the fourth quarter. AQR Capital Management LLC now owns 789,745 shares of the auto parts company’s stock worth $90,505,000 after buying an additional 200,617 shares during the period. 97.04% of the stock is currently owned by hedge funds and other institutional investors.

Lear News Roundup

Here are the key news stories impacting Lear this week:

• Positive Sentiment: Lear reported second-quarter 2026 results and raised its full-year outlook, signaling improved confidence in earnings and cash generation. The company’s latest quarterly performance also exceeded analyst expectations, with revenue growth from the prior year. Lear Corporation reports second quarter 2026 financial results and raises full year outlook
• Neutral Sentiment: Wells Fargo maintained a Hold rating on Lear while increasing its price target to $138. The higher target suggests some potential upside from recent trading levels, but the unchanged rating indicates the firm does not see a compelling enough risk-reward profile to recommend buying the shares aggressively. Lear Gets a Hold from Wells Fargo
• Negative Sentiment: BNP Paribas Exane lowered Lear’s rating to Neutral. The downgrade may be weighing on the stock because it reflects reduced conviction following the company’s recent results, even though Lear’s valuation remains relatively modest compared with its earnings outlook. Lear Rating Lowered to Neutral at BNP Paribas Exane

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.