Lear Corporation designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, and South America. Its Seating segment offers seat systems, seat subsystems, key seat components, seat trim covers, seat mechanisms, seat foams, and headrests, as well as surface materials, such as leather and fabric for automobiles and light trucks, compact cars, pick-up trucks, and sport utility vehicles. The company's E-Systems segment provides electrical distribution and connection systems that route electrical signals and networks; and manage electrical power within the vehicle for various powertrains. This segment's products comprise wire harnesses, terminals and connectors, engineered components, and junction boxes; electronic system products, including body domain control modules, smart and passive junction boxes, gateway and communication modules, integrated power modules, and high voltage battery management systems. It also offers software and connected services comprising Xevo Market, an in-vehicle commerce and service platform; and software and services for the cloud, vehicles, and mobile devices. In addition, this segment provides cybersecurity software; advanced vehicle positioning for automated and autonomous driving applications; and short-range communication and cellular protocols for vehicle connectivity. It offers its products and services under the XEVO, GUILFORD, EAGLE OTTAWA, ConfigurE+TM, INTUTM, LEAR CONNEXUSTM, EXOTM, JOURNEYWARE, ProTec, SMART JUNCTION BOXTM, STRUCSURETM, AVENTINO, and TeXstyleTM brands. Lear Corporation was founded in 1917 and is headquartered in Southfield, Michigan.
IPO Year:
Exchange: NYSE
Website: lear.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/30/2024 | $140.00 → $120.00 | Overweight → Equal Weight | Barclays |
| 9/10/2024 | $132.00 | Hold | Deutsche Bank |
| 9/5/2024 | Peer Perform | Wolfe Research | |
| 5/10/2024 | $150.00 → $160.00 | Equal-Weight → Overweight | Morgan Stanley |
| 10/12/2023 | $177.00 | Equal Weight → Overweight | Barclays |
| 9/13/2023 | $150.00 | Neutral | UBS |
| 6/1/2023 | Neutral → Outperform | Exane BNP Paribas | |
| 2/15/2023 | $155.00 | Equal Weight | Barclays |
| 2/6/2023 | $150.00 → $145.00 | Outperform → In-line | Evercore ISI |
| 12/14/2022 | $149.00 → $139.00 | Overweight → Equal Weight | Wells Fargo |
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4 - LEAR CORP (0000842162) (Issuer)
4 - LEAR CORP (0000842162) (Issuer)
SOUTHFIELD, Mich., Feb. 18, 2025 /PRNewswire/ -- Lear Corporation (NYSE:LEA), a global automotive technology leader in Seating and E-Systems, today announced that Julian Blissett, former Executive Vice President and President General Motors (GM) China, has been appointed to the Company's Board of Directors. "Julian's extensive global experience, including two decades working in China, allows him to bring valuable strategic and operational insights to Lear," said Greg Smith, Lear's Non-Executive Chair of its Board of Directors. "We are pleased to welcome Julian to the Lear tea
SOUTHFIELD, Mich., Aug. 12, 2024 /PRNewswire/ -- Lear Corporation (NYSE:LEA), a global automotive technology leader in Seating and E-Systems, today announced that Rod Lache, a distinguished former Wall Street automotive analyst, has been appointed to the Company's Board of Directors, effective August 12, 2024. LEA), a global automotive technology leader in Seating and E-Systems, today announced that Rod Lache, a distinguished former Wall Street automotive analyst, has been appointed to the Company's Board of Directors, effective August 12, 2024." alt="Lear Corporation (NYSE:LEA), a global automotive technology leader in Se
SOUTHFIELD, Mich., April 29, 2024 /PRNewswire/ -- Lear Corporation (NYSE:LEA), a global automotive technology leader in Seating and E-Systems, today announced that it has entered into a definitive agreement to acquire WIP Industrial Automation ("WIP"), a privately held systems integrator based in Spain that specializes in advanced automation solutions for industrial applications. The transaction, subject to regulatory approvals and other customary closing conditions, is expected to close by the third quarter of 2024. WIP, a long-time Lear supplier with 25 years of automation
SOUTHFIELD, Mich., July 22, 2021 /PRNewswire/ -- Lear Corporation (NYSE:LEA), a global automotive technology leader in Seating and E-Systems, today announced the appointment of Alicia Davis to Chief Strategy Officer to drive the advancement and execution of the company's long-term growth strategy. As Lear's Chief Strategy Officer, Ms. Davis is responsible for leading a central strategy organization that works in partnership with Lear's two business segments to drive enterprise-wide strategic planning, large-scale strategic initiatives, and value-enhancing M&A and early-stage
SOUTHFIELD, Mich., Feb. 18, 2025 /PRNewswire/ -- Lear Corporation (NYSE:LEA), a global automotive technology leader in Seating and E-Systems, today announced that Julian Blissett, former Executive Vice President and President General Motors (GM) China, has been appointed to the Company's Board of Directors. "Julian's extensive global experience, including two decades working in China, allows him to bring valuable strategic and operational insights to Lear," said Greg Smith, Lear's Non-Executive Chair of its Board of Directors. "We are pleased to welcome Julian to the Lear tea
SOUTHFIELD, Mich., Feb. 14, 2025 /PRNewswire/ -- Lear Corporation (NYSE:LEA), a global automotive technology leader in Seating and E-Systems, today announced that its Board of Directors has declared a quarterly cash dividend of $0.77 per share on the Company's common stock. The dividend is payable on March 26, 2025, to shareholders of record at the close of business on March 6, 2025. About Lear Corporation Lear, a global automotive technology leader in Seating and E-Systems, enables superior in-vehicle experiences for consumers around the world. Lear's diverse team of talented
GREENWICH, Conn., Feb. 12, 2025 (GLOBE NEWSWIRE) -- QXO, Inc. (NYSE:QXO) announced today that it has informed Beacon Roofing Supply, Inc. (NASDAQ:BECN) that it will propose 10 independent director nominees at Beacon's 2025 Annual Meeting of Shareholders to replace Beacon's Board of Directors. The slate of independent nominees includes current and former senior executives and directors of leading global companies who were selected for their deep expertise with large-scale corporate transformations, extensive knowledge of the building products and distribution sectors, and track records of unlocking shareholder value. "We are proposing a slate of high-caliber, independent director nominees
SOUTHFIELD, Mich., Feb. 6, 2025 /PRNewswire/ -- Lear Corporation (NYSE:LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the fourth quarter and full year 2024 and provided its financial outlook for the full year 2025. Fourth Quarter 2024 Highlights Delivered revenue of $5.7 billion in the fourth quarter, compared to $5.8 billion in the fourth quarter of 2023Net income of $88 million and adjusted net income of $161 million, compared to $127 million and $177 million, respectively, in the fourth quarter of 2023Core operating earnings
SOUTHFIELD, Mich., Feb. 5, 2025 /PRNewswire/ -- Lear Corporation (NYSE:LEA), a global automotive technology leader in Seating and E-Systems, announced today a key engineering integration with General Motors, beginning in the second quarter of 2025. A first of its kind, the ComfortMax Seat integrates thermal comfort technologies into trim covers, providing occupant comfort and well-being, superior thermal management and improved manufacturing efficiency. "We are honored to partner with General Motors, a company renowned for its commitment to quality and innovation, as we bring
SOUTHFIELD, Mich., Feb. 4, 2025 /PRNewswire/ -- Lear Corporation (NYSE:LEA), a global automotive technology leader in Seating and E-Systems, today announced it has purchased StoneShield Engineering, a privately held system integrator based in Castelo Branco, Portugal. Founded in 2017, StoneShield Engineering specializes in the design and development of automation technology for the wire harness industry. Key areas of expertise include robotics, automated taping applications and high voltage harness assembly. "By utilizing StoneShield's expertise, we will accelerate the automat
SOUTHFIELD, Mich., Jan. 10, 2025 /PRNewswire/ -- Lear Corporation will hold a conference call to review the company's fourth quarter and full year 2024 financial results and related matters on February 6, 2025, at 9:00 a.m. EST. To participate in the conference call: Webcast link: click hereToll-free calls: 877-883-0383International calls: 412-902-6506The conference code is 1508209. You also may listen to the live audio webcast of the call, in listen-only mode, on Lear's Investor Relations website at ir.lear.com. The webcast replay will be available two hours following the c
SOUTHFIELD, Mich., Nov. 22, 2024 /PRNewswire/ -- Lear Corporation (NYSE:LEA), a global automotive technology leader in Seating and E-Systems, will participate in a fireside chat on December 4, 2024, at the Goldman Sachs Industrials and Materials Conference in New York. Representing Lear will be: Ray Scott, President and Chief Executive OfficerJason Cardew, SVP and Chief Financial OfficerLear's webcast will begin at 9:20 AM EST and will run approximately 35 minutes. The webcast link will be available on the Company's website at ir.lear.com. About Lear CorporationLear, a global
SOUTHFIELD, Mich., Nov. 21, 2024 /PRNewswire/ -- Lear Corporation (NYSE:LEA), a global automotive technology leader in Seating and E-Systems, today announced that its Board of Directors has declared a quarterly cash dividend of $0.77 per share on the Company's common stock. The dividend is payable on December 30, 2024, to shareholders of record at the close of business on December 11, 2024. About Lear CorporationLear, a global automotive technology leader in Seating and E-Systems, enables superior in-vehicle experiences for consumers around the world. Lear's diverse team of ta
SOUTHFIELD, Mich., Oct. 24, 2024 /PRNewswire/ -- Lear Corporation (NYSE:LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the third quarter 2024. Third Quarter 2024 Highlights Delivered revenue of $5.6 billion in the third quarter, compared to $5.8 billion in the third quarter of 2023Total company revenue outperformed industry volume by 3 percentage points, with 5 percentage points in E-Systems and 3 percentage points in SeatingNet income of $136 million and adjusted net income of $163 million, compared to $133 million and $170 mi
SOUTHFIELD, Mich., Feb. 14, 2025 /PRNewswire/ -- Lear Corporation (NYSE:LEA), a global automotive technology leader in Seating and E-Systems, today announced that its Board of Directors has declared a quarterly cash dividend of $0.77 per share on the Company's common stock. The dividend is payable on March 26, 2025, to shareholders of record at the close of business on March 6, 2025. About Lear Corporation Lear, a global automotive technology leader in Seating and E-Systems, enables superior in-vehicle experiences for consumers around the world. Lear's diverse team of talented
SOUTHFIELD, Mich., Feb. 6, 2025 /PRNewswire/ -- Lear Corporation (NYSE:LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the fourth quarter and full year 2024 and provided its financial outlook for the full year 2025. Fourth Quarter 2024 Highlights Delivered revenue of $5.7 billion in the fourth quarter, compared to $5.8 billion in the fourth quarter of 2023Net income of $88 million and adjusted net income of $161 million, compared to $127 million and $177 million, respectively, in the fourth quarter of 2023Core operating earnings
SOUTHFIELD, Mich., Feb. 4, 2025 /PRNewswire/ -- Lear Corporation (NYSE:LEA), a global automotive technology leader in Seating and E-Systems, today announced it has purchased StoneShield Engineering, a privately held system integrator based in Castelo Branco, Portugal. Founded in 2017, StoneShield Engineering specializes in the design and development of automation technology for the wire harness industry. Key areas of expertise include robotics, automated taping applications and high voltage harness assembly. "By utilizing StoneShield's expertise, we will accelerate the automat
SOUTHFIELD, Mich., Jan. 10, 2025 /PRNewswire/ -- Lear Corporation will hold a conference call to review the company's fourth quarter and full year 2024 financial results and related matters on February 6, 2025, at 9:00 a.m. EST. To participate in the conference call: Webcast link: click hereToll-free calls: 877-883-0383International calls: 412-902-6506The conference code is 1508209. You also may listen to the live audio webcast of the call, in listen-only mode, on Lear's Investor Relations website at ir.lear.com. The webcast replay will be available two hours following the c
SOUTHFIELD, Mich., Nov. 21, 2024 /PRNewswire/ -- Lear Corporation (NYSE:LEA), a global automotive technology leader in Seating and E-Systems, today announced that its Board of Directors has declared a quarterly cash dividend of $0.77 per share on the Company's common stock. The dividend is payable on December 30, 2024, to shareholders of record at the close of business on December 11, 2024. About Lear CorporationLear, a global automotive technology leader in Seating and E-Systems, enables superior in-vehicle experiences for consumers around the world. Lear's diverse team of ta
SOUTHFIELD, Mich., Oct. 24, 2024 /PRNewswire/ -- Lear Corporation (NYSE:LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the third quarter 2024. Third Quarter 2024 Highlights Delivered revenue of $5.6 billion in the third quarter, compared to $5.8 billion in the third quarter of 2023Total company revenue outperformed industry volume by 3 percentage points, with 5 percentage points in E-Systems and 3 percentage points in SeatingNet income of $136 million and adjusted net income of $163 million, compared to $133 million and $170 mi
SOUTHFIELD, Mich., Oct. 2, 2024 /PRNewswire/ -- Lear Corporation will hold a conference call to review the company's third quarter 2024 financial results and related matters on October 24, 2024, at 8:00 a.m. EDT. To participate in the conference call: Webcast link: click hereToll-free calls: 877-883-0383International calls: 412-902-6506The conference code is 7307511. You also may listen to the live audio webcast of the call, in listen-only mode, on Lear's Investor Relations website at ir.lear.com. The webcast replay will be available two hours following the call. Note: The th
SOUTHFIELD, Mich., Aug. 15, 2024 /PRNewswire/ -- Lear Corporation (NYSE:LEA), a global automotive technology leader in Seating and E-Systems, today announced that its Board of Directors has declared a quarterly cash dividend of $0.77 per share on the Company's common stock. The dividend is payable on September 23, 2024, to shareholders of record at the close of business on September 4, 2024. About Lear Corporation Lear, a global automotive technology leader in Seating and E-Systems, enables superior in-vehicle experiences for consumers around the world. Lear's diverse team of
SOUTHFIELD, Mich., July 25, 2024 /PRNewswire/ -- Lear Corporation (NYSE:LEA), a global automotive technology leader in Seating and E-Systems, today reported results for the second quarter 2024. Second Quarter 2024 Highlights Delivered record quarterly revenue of $6.0 billion in the second quarter, a modest increase compared to the second quarter of 2023Total company growth over market of 3 percentage points, with 7 percentage points in E-Systems and 2 percentage points in SeatingNet income of $173 million and adjusted net income of $206 million, compared to $169 million and $
SOUTHFIELD, Mich., June 26, 2024 /PRNewswire/ -- Lear Corporation will hold a conference call to review the company's second quarter 2024 financial results and related matters on July 25, 2024, at 9:00 a.m. EDT. To participate in the conference call: Webcast link: click hereToll-free calls: 877-883-0383International calls: 412-902-6506The conference code is 4935995. You also may listen to the live audio webcast of the call, in listen-only mode, on Lear's Investor Relations website at ir.lear.com. The webcast replay will be available two hours following the call. Note: The se
8-K - LEAR CORP (0000842162) (Filer)
10-K - LEAR CORP (0000842162) (Filer)
8-K - LEAR CORP (0000842162) (Filer)
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8-K - LEAR CORP (0000842162) (Filer)
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10-Q - LEAR CORP (0000842162) (Filer)
8-K - LEAR CORP (0000842162) (Filer)
SD - LEAR CORP (0000842162) (Filer)
Barclays downgraded Lear from Overweight to Equal Weight and set a new price target of $120.00 from $140.00 previously
Deutsche Bank resumed coverage of Lear with a rating of Hold and set a new price target of $132.00
Wolfe Research resumed coverage of Lear with a rating of Peer Perform
Morgan Stanley upgraded Lear from Equal-Weight to Overweight and set a new price target of $160.00 from $150.00 previously
Barclays upgraded Lear from Equal Weight to Overweight and set a new price target of $177.00
UBS initiated coverage of Lear with a rating of Neutral and set a new price target of $150.00
Exane BNP Paribas upgraded Lear from Neutral to Outperform
Barclays initiated coverage of Lear with a rating of Equal Weight and set a new price target of $155.00
Evercore ISI downgraded Lear from Outperform to In-line and set a new price target of $145.00 from $150.00 previously
Wells Fargo downgraded Lear from Overweight to Equal Weight and set a new price target of $139.00 from $149.00 previously
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