Lear (NYSE:LEA) Now Covered by Bank of America

Bank of America initiated coverage on shares of Lear (NYSE:LEA) in a research note released on Wednesday. The brokerage issued a neutral rating on the auto parts company’s stock.

A number of other equities analysts have also recently issued reports on the company. Wells Fargo & Company upped their target price on Lear from $123.00 to $131.00 and gave the stock an “equal weight” rating in a report on Thursday, February 5th. Barclays set a $140.00 price target on Lear in a report on Thursday, February 5th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $121.00 price objective on shares of Lear in a research note on Thursday, January 15th. Argus upgraded shares of Lear to a “strong-buy” rating in a research report on Monday, February 9th. Finally, TD Cowen boosted their target price on shares of Lear from $117.00 to $133.00 and gave the stock a “hold” rating in a report on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $138.27.

Lear Price Performance

Shares of NYSE:LEA opened at $122.67 on Wednesday. Lear has a one year low of $73.85 and a one year high of $142.84. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.35 and a quick ratio of 1.05. The company has a market cap of $6.22 billion, a price-to-earnings ratio of 15.05, a PEG ratio of 0.97 and a beta of 1.26. The firm has a 50 day simple moving average of $126.17 and a 200 day simple moving average of $113.25.

Lear (NYSE:LEA) last posted its earnings results on Wednesday, February 4th. The auto parts company reported $3.41 earnings per share for the quarter, topping analysts’ consensus estimates of $2.67 by $0.74. Lear had a net margin of 1.88% and a return on equity of 13.40%. The firm had revenue of $5.99 billion for the quarter, compared to analysts’ expectations of $5.78 billion. During the same quarter in the previous year, the firm posted $2.94 earnings per share. The company’s revenue was up 4.8% on a year-over-year basis. Research analysts predict that Lear will post 12.89 earnings per share for the current fiscal year.

Lear Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, March 25th. Shareholders of record on Thursday, March 5th will be given a dividend of $0.77 per share. This represents a $3.08 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend is Thursday, March 5th. Lear’s dividend payout ratio is currently 37.79%.

Insider Activity

In other news, CFO Jason M. Cardew sold 10,000 shares of the stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $134.51, for a total transaction of $1,345,100.00. Following the completion of the sale, the chief financial officer directly owned 22,741 shares in the company, valued at $3,058,891.91. This represents a 30.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, SVP Harry Albert Kemp sold 7,000 shares of the business’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $136.31, for a total transaction of $954,170.00. Following the completion of the transaction, the senior vice president owned 17,423 shares in the company, valued at approximately $2,374,929.13. The trade was a 28.66% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 30,220 shares of company stock worth $3,986,427 in the last 90 days. 0.91% of the stock is owned by company insiders.

Institutional Trading of Lear

A number of large investors have recently bought and sold shares of the business. Altshuler Shaham Ltd bought a new stake in shares of Lear during the 4th quarter valued at about $25,000. WealthCollab LLC acquired a new position in Lear in the second quarter valued at approximately $28,000. Los Angeles Capital Management LLC bought a new position in shares of Lear during the 4th quarter worth approximately $30,000. Allworth Financial LP boosted its holdings in shares of Lear by 62.6% during the 3rd quarter. Allworth Financial LP now owns 309 shares of the auto parts company’s stock worth $31,000 after buying an additional 119 shares in the last quarter. Finally, Global Retirement Partners LLC grew its position in shares of Lear by 942.3% during the 4th quarter. Global Retirement Partners LLC now owns 271 shares of the auto parts company’s stock worth $31,000 after buying an additional 245 shares during the period. 97.04% of the stock is currently owned by institutional investors and hedge funds.

More Lear News

Here are the key news stories impacting Lear this week:

• Positive Sentiment: Quarterly results remain supportive. Lear reported a strong quarter (Feb. 4): $3.41 EPS vs. $2.67 consensus and $5.99B revenue vs. $5.78B expected; revenue +4.8% Y/Y — this earnings beat underpins valuation and longer‑term cash flow expectations.
• Positive Sentiment: Investor visibility — Management to speak at a major summit. Lear will participate in a fireside chat at the Bank of America 2026 Global Automotive Summit on March 17, offering management a platform to discuss strategy, EV/seating demand and margins with analysts and investors. Lear to Participate in the Bank of America 2026 Global Automotive Summit
• Neutral Sentiment: Bank of America starts coverage with a Neutral rating. New coverage can influence short-term flows; a Neutral stance typically tempers upside until further positive catalysts or revisions to guidance/forecasts. Lear coverage by Bank of America
• Negative Sentiment: Technical and volume headwinds. Current price sits below the 50-day SMA (~$126) and trading volume is below the stock’s average — that can limit short-term upside and increase sensitivity to neutral/negative headlines.

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.