Lear (NYSE:LEA) Price Target Cut to $126.00 by Analysts at Wells Fargo & Company

Lear (NYSE:LEA) had its target price cut by equities research analysts at Wells Fargo & Company from $131.00 to $126.00 in a research note issued to investors on Tuesday,Benzinga reports. The firm presently has an “equal weight” rating on the auto parts company’s stock. Wells Fargo & Company‘s target price suggests a potential upside of 6.28% from the stock’s current price.

A number of other equities research analysts have also recently commented on the stock. The Goldman Sachs Group reiterated a “neutral” rating and issued a $121.00 target price on shares of Lear in a research report on Thursday, January 15th. TD Cowen upped their price objective on shares of Lear from $117.00 to $133.00 and gave the company a “hold” rating in a research note on Thursday, February 5th. Royal Bank Of Canada assumed coverage on Lear in a report on Thursday, March 12th. They set a “sector perform” rating and a $135.00 target price on the stock. Citigroup upped their price target on Lear from $146.00 to $177.00 and gave the company a “buy” rating in a research report on Thursday, February 5th. Finally, Argus upgraded Lear to a “strong-buy” rating in a research report on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and ten have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $137.58.

Lear Price Performance

NYSE:LEA traded up $2.11 during trading hours on Tuesday, hitting $118.56. 23,667 shares of the stock were exchanged, compared to its average volume of 575,348. The firm’s fifty day moving average price is $125.28 and its 200 day moving average price is $114.52. Lear has a 52-week low of $73.85 and a 52-week high of $142.84. The company has a market cap of $6.01 billion, a P/E ratio of 14.58, a P/E/G ratio of 0.85 and a beta of 1.26. The company has a current ratio of 1.35, a quick ratio of 1.05 and a debt-to-equity ratio of 0.52.

Lear (NYSE:LEA) last released its earnings results on Wednesday, February 4th. The auto parts company reported $3.41 earnings per share for the quarter, beating the consensus estimate of $2.67 by $0.74. Lear had a return on equity of 13.40% and a net margin of 1.88%.The business had revenue of $5.99 billion for the quarter, compared to the consensus estimate of $5.78 billion. During the same quarter last year, the business posted $2.94 earnings per share. The business’s quarterly revenue was up 4.8% compared to the same quarter last year. As a group, equities research analysts anticipate that Lear will post 12.89 EPS for the current fiscal year.

Insider Activity at Lear

In other news, VP Marianne Vidershain sold 1,590 shares of the business’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $135.00, for a total value of $214,650.00. Following the sale, the vice president directly owned 1,862 shares of the company’s stock, valued at approximately $251,370. The trade was a 46.06% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Jason M. Cardew sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, February 19th. The stock was sold at an average price of $134.51, for a total transaction of $1,345,100.00. Following the completion of the transaction, the chief financial officer owned 22,741 shares in the company, valued at approximately $3,058,891.91. This represents a 30.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 25,264 shares of company stock valued at $3,400,687 in the last ninety days. Insiders own 0.91% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Rockefeller Capital Management L.P. raised its holdings in shares of Lear by 57.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 576 shares of the auto parts company’s stock valued at $66,000 after buying an additional 210 shares during the period. Corient Private Wealth LLC increased its stake in Lear by 3.1% during the fourth quarter. Corient Private Wealth LLC now owns 15,937 shares of the auto parts company’s stock worth $1,827,000 after purchasing an additional 481 shares during the period. DGS Capital Management LLC lifted its position in shares of Lear by 26.9% during the fourth quarter. DGS Capital Management LLC now owns 4,656 shares of the auto parts company’s stock worth $534,000 after purchasing an additional 987 shares in the last quarter. Pacer Advisors Inc. boosted its stake in shares of Lear by 220.9% in the fourth quarter. Pacer Advisors Inc. now owns 258,063 shares of the auto parts company’s stock valued at $29,574,000 after purchasing an additional 177,632 shares during the period. Finally, Compound Planning Inc. purchased a new stake in Lear during the 4th quarter worth approximately $230,000. 97.04% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Lear

Here are the key news stories impacting Lear this week:

• Positive Sentiment: Zacks highlights Lear as a “strong value stock,” pointing to its below‑market valuation (single‑digit to mid‑teens P/E relative to peers), recent earnings beats and analyst EPS expectations that leave upside if guidance or results continue to outpace consensus. This supports a constructive long‑term view for value investors. Here’s Why Lear (LEA) is a Strong Value Stock
• Neutral Sentiment: Broad market commentary from Kevin O’Leary urges calm amid geopolitical-driven volatility (Iran war headlines). His message can reduce knee‑jerk selling but also keeps investor attention on macro risk that tends to weigh cyclicals such as auto parts suppliers until volatility eases. Kevin O’Leary Calls For Calm As Iran War Sends Global Markets Into Panic
• Negative Sentiment: An American Banking News roundup notes brokerages’ average rating on LEA is “Hold.” A consensus neutral/hold stance can cap buying momentum and contribute to near‑term underperformance versus higher‑conviction names. That may help explain pressure on the stock despite value arguments. Lear Corporation (NYSE:LEA) Given Average Rating of “Hold” by Brokerages

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.