California State Teachers Retirement System Grows Holdings in Lear Corporation $LEA

Key Points

• California State Teachers Retirement System increased its Lear stake by 20.2% in the first quarter, owning 60,094 shares valued at approximately $7.28 million. Institutional investors collectively hold 97.04% of Lear’s outstanding stock.
• Lear exceeded quarterly expectations with earnings of $4.28 per share versus the $3.98 consensus, while revenue rose 3% year over year to $6.21 billion. Analysts maintain a consensus “Hold” rating with an average price target of $145.23.
• Lear pays a quarterly dividend of $0.77 per share, equivalent to an annualized $3.08 and a 2.4% yield. Insiders sold 62,026 shares worth roughly $8.5 million over the past three months, including a 50,000-share sale by CEO Raymond E. Scott.

California State Teachers Retirement System grew its holdings in shares of Lear Corporation (NYSE:LEA - Free Report) by 20.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 60,094 shares of the auto parts company's stock after buying an additional 10,090 shares during the quarter. California State Teachers Retirement System owned 0.12% of Lear worth $7,276,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Jones Financial Companies Lllp increased its stake in Lear by 5,205.1% during the first quarter. Jones Financial Companies Lllp now owns 7,268 shares of the auto parts company's stock valued at $604,000 after purchasing an additional 7,131 shares during the last quarter. United Services Automobile Association acquired a new position in shares of Lear during the first quarter valued at $267,000. Empowered Funds LLC bought a new stake in shares of Lear during the 1st quarter worth about $256,000. EverSource Wealth Advisors LLC raised its holdings in Lear by 37.1% during the second quarter. EverSource Wealth Advisors LLC now owns 968 shares of the auto parts company's stock worth $92,000 after purchasing an additional 262 shares in the last quarter. Finally, Cerity Partners LLC boosted its stake in Lear by 9.5% during the second quarter. Cerity Partners LLC now owns 4,296 shares of the auto parts company's stock valued at $408,000 after buying an additional 372 shares in the last quarter. Institutional investors own 97.04% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on LEA shares. Weiss Ratings upgraded Lear from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Tuesday, June 23rd. Barclays raised their price objective on Lear from $150.00 to $155.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 9th. Citigroup upped their target price on Lear from $177.00 to $179.00 and gave the company a "buy" rating in a report on Monday, May 4th. Wells Fargo & Company raised their price target on shares of Lear from $137.00 to $138.00 and gave the stock an "equal weight" rating in a report on Monday. Finally, Morgan Stanley set a $130.00 price objective on shares of Lear in a research report on Monday, May 4th. One investment 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 data from MarketBeat, Lear currently has a consensus rating of "Hold" and an average price target of $145.23.

Insider Buying and Selling at Lear

In related news, Director Conrad L. Mallett, Jr. sold 190 shares of the business's stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $141.34, for a total transaction of $26,854.60. Following the completion of the transaction, the director owned 1,683 shares in the company, valued at approximately $237,875.22. The trade was a 10.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Raymond E. Scott sold 50,000 shares of the company's stock in a transaction on Wednesday, June 24th. The shares were 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 owned 49,789 shares of the company's stock, valued at approximately $6,739,936.93. This represents a 50.11% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 62,026 shares of company stock valued at $8,498,248 in the last three months. Insiders own 1.02% of the company's stock.

Lear Price Performance

Shares of LEA stock opened at $125.98 on Wednesday. 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 stock's fifty day simple moving average is $139.43 and its 200 day simple moving average is $131.18. Lear Corporation has a one year low of $92.93 and a one year high of $150.33. The firm has a market cap of $6.21 billion, a price-to-earnings ratio of 11.74, a P/E/G ratio of 0.60 and a beta of 1.25.

Lear (NYSE:LEA - Get Free Report) last posted its earnings results on Friday, July 31st. The auto parts company reported $4.28 earnings per share for the quarter, topping the consensus estimate of $3.98 by $0.30. The business had revenue of $6.21 billion for 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 firm's quarterly revenue was up 3.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.06 EPS. On average, analysts expect that Lear Corporation will post 14.81 earnings per share for the current fiscal year.

Lear Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Wednesday, June 3rd were given a dividend of $0.77 per share. The ex-dividend date was Wednesday, June 3rd. This represents a $3.08 dividend on an annualized basis and a yield of 2.4%. Lear's dividend payout ratio is presently 28.70%.

Trending Headlines about Lear

Here are the key news stories impacting Lear this week:

• Positive Sentiment: Lear reported second-quarter 2026 earnings of $4.28 per share, exceeding the $3.98 analyst consensus, while revenue rose 3% year over year to $6.21 billion. Management also raised its full-year outlook, providing a favorable catalyst for the shares. Lear Corporation reports second quarter 2026 financial results and raises full year outlook
• Positive Sentiment: Management highlighted automation-led momentum on its earnings call, suggesting productivity improvements and technology adoption could support future margins and growth. Lear Corp. Earnings Call Highlights Automation-Led Momentum
• Neutral Sentiment: Wells Fargo raised its price target from $137 to $138 but maintained an Equal Weight rating, signaling modest valuation upside without a strong bullish endorsement. Wells Fargo raises Lear price target
• Neutral Sentiment: Investors are examining Lear’s international revenue trends for clues about demand and the sustainability of Wall Street’s earnings expectations. Why Lear international revenue trends deserve attention
• Negative Sentiment: BNP Paribas Exane downgraded Lear from Outperform to Neutral, adding pressure to sentiment despite the improved company outlook. BNP Paribas Exane downgrades Lear
• Negative Sentiment: A recent report noted a sharp decline in Lear shares even after the company raised its 2026 sales outlook, indicating that investors remain concerned about execution, capital allocation, or the quality of the projected growth. Lear shares fall after raising 2026 sales outlook

Lear 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.

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