Oldfield Partners LLP Has $51.06 Million Stock Holdings in Lear Corporation $LEA

Key Points

• Oldfield Partners cut its Lear stake by 40.9% in the second quarter, selling 264,049 shares and retaining 380,843 shares valued at approximately $51.1 million. Institutional investors collectively own 97.04% of Lear.
• Lear reported quarterly EPS of $4.28, beating estimates of $3.98, while revenue rose 3% year over year to $6.21 billion. Shares opened at $121.20, down 0.6%, with a market capitalization of about $5.98 billion.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $145.23; TD Cowen upgraded the stock to Buy, while Weiss Ratings downgraded it to Hold. Lear’s CEO and CFO also sold shares recently.

Oldfield Partners LLP trimmed its stake in Lear Corporation (NYSE:LEA - Free Report) by 40.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 380,843 shares of the auto parts company's stock after selling 264,049 shares during the quarter. Lear comprises about 12.3% of Oldfield Partners LLP's holdings, making the stock its 6th biggest position. Oldfield Partners LLP owned 0.76% of Lear worth $51,056,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in LEA. Jones Financial Companies Lllp boosted its holdings in Lear by 5,205.1% in the first quarter. Jones Financial Companies Lllp now owns 7,268 shares of the auto parts company's stock worth $604,000 after acquiring an additional 7,131 shares in the last quarter. United Services Automobile Association purchased a new position in shares of Lear during the first quarter valued at approximately $267,000. Empowered Funds LLC bought a new stake in Lear during the first quarter worth $256,000. EverSource Wealth Advisors LLC lifted its stake in Lear by 37.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 968 shares of the auto parts company's stock valued at $92,000 after acquiring an additional 262 shares in the last quarter. Finally, Cerity Partners LLC raised its holdings in shares of Lear by 9.5% in the second quarter. Cerity Partners LLC now owns 4,296 shares of the auto parts company's stock valued at $408,000 after purchasing an additional 372 shares during the last quarter. Institutional investors own 97.04% of the company's stock.

Key Headlines Impacting Lear

Here are the key news stories impacting Lear this week:

• Positive Sentiment: A broader technology rally, supported by artificial-intelligence demand and gains in semiconductor stocks such as Broadcom, could modestly improve overall market sentiment. However, this is only an indirect factor for Lear, which supplies automotive components rather than AI chips. Broadcom Stock Is Gaining Wednesday: What's Going On?
• Neutral Sentiment: Articles about an inherited self-directed IRA, mortgage rates, investing habits, college versus AI subscriptions, and the U.S. power shortage discuss personal finance or investment themes but contain no information about Lear’s operations, customers, earnings, or outlook. Inherited Self-Directed IRA Kevin O’Leary on Mortgage Rates Investing and Spending Habits U.S. Power Shortage Investment Opportunity
• Neutral Sentiment: Reports on AI cybersecurity, Google’s transition from Assistant to Gemini, Anthropic’s content watermarking, and online tutoring likewise offer no apparent near-term impact on Lear’s financial results or stock valuation. AI and Cybersecurity at Black Hat Cyber 2026 Google Phases Out Assistant Claude AI Watermarks

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. TD Cowen raised shares of Lear from a "hold" rating to a "buy" rating and upped their price objective for the stock from $138.00 to $165.00 in a research report on Tuesday, May 26th. Barclays upped their target price on Lear from $150.00 to $155.00 and gave the company an "equal weight" rating in a report on Thursday, July 9th. Morgan Stanley set a $130.00 price target on Lear in a research report on Monday, May 4th. Royal Bank Of Canada lifted their price target on Lear from $138.00 to $143.00 and gave the stock a "sector perform" rating in a report on Monday, July 13th. Finally, Weiss Ratings downgraded Lear from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, Lear currently has a consensus rating of "Hold" and an average target price of $145.23.

Insider Transactions at Lear

In other news, CFO Jason M. Cardew sold 5,000 shares of the company's stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $147.50, for a total transaction of $737,500.00. Following the transaction, the chief financial officer owned 13,241 shares of the company's stock, valued at $1,953,047.50. This represents a 27.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Raymond E. Scott sold 50,000 shares of the stock in a transaction on Wednesday, June 24th. The stock was sold at an average price of $135.37, for a total value of $6,768,500.00. Following the transaction, the chief executive officer owned 49,789 shares of the company's stock, valued at $6,739,936.93. The trade was a 50.11% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 63,672 shares of company stock valued at $8,697,990. Corporate insiders own 1.02% of the company's stock.

Lear Trading Down 0.6%

Shares of LEA stock opened at $121.20 on Thursday. The company has a 50 day moving average of $136.61 and a 200-day moving average of $131.18. The company has a quick ratio of 1.04, a current ratio of 1.31 and a debt-to-equity ratio of 0.51. Lear Corporation has a 12-month low of $96.04 and a 12-month high of $150.33. The firm has a market cap of $5.98 billion, a P/E ratio of 11.30, a PEG ratio of 0.59 and a beta of 1.25.

Lear (NYSE:LEA - Get Free Report) last posted its quarterly earnings data on Friday, July 31st. The auto parts company reported $4.28 EPS for the quarter, beating the consensus estimate of $3.98 by $0.30. Lear had a return on equity of 14.18% and a net margin of 2.35%.The business had revenue of $6.21 billion for the quarter, compared to the consensus estimate of $6.15 billion. During the same quarter in the prior year, the business earned $3.06 earnings per share. Lear's revenue for the quarter was up 3.0% on a year-over-year basis. Sell-side analysts anticipate that Lear Corporation will post 14.87 earnings per share for the current year.

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.

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