Raymond James downgraded Leggett & Platt from Strong Buy to Outperform
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/30/2024 | $11.00 → $13.00 | Underweight → Neutral | Piper Sandler |
| 4/11/2023 | $39.00 → $34.00 | Buy → Neutral | Goldman |
| 12/12/2022 | $31.00 → $24.00 | Neutral → Underweight | Piper Sandler |
| 5/4/2022 | Outperform → Mkt Perform | Raymond James | |
| 2/9/2022 | $55.00 → $50.00 | Outperform | Raymond James |
| 11/3/2021 | $60.00 → $55.00 | Outperform | Raymond James |
Piper Sandler upgraded Leggett & Platt from Underweight to Neutral and set a new price target of $13.00 from $11.00 previously
Goldman downgraded Leggett & Platt from Buy to Neutral and set a new price target of $34.00 from $39.00 previously
Piper Sandler downgraded Leggett & Platt from Neutral to Underweight and set a new price target of $24.00 from $31.00 previously
10-Q - LEGGETT & PLATT INC (0000058492) (Filer)
SCHEDULE 13G/A - LEGGETT & PLATT INC (0000058492) (Subject)
8-K - LEGGETT & PLATT INC (0000058492) (Filer)
No Shareholder Action Required at This Time CARTHAGE, Mo., Dec. 1, 2025 /PRNewswire/ -- Leggett & Platt confirmed that it has received an unsolicited proposal from Somnigroup International Inc. (NYSE:SGI) ("Somnigroup") to acquire all the outstanding shares of Leggett & Platt in an all-stock transaction. Somnigroup's proposal states that the exchange ratio is "to be agreed" and that the proposal is non-binding and subject to due diligence. Somnigroup did not engage with the Company prior to November 30, 2025 with respect to its proposal. The Leggett & Platt Board of Directors, consistent with its fiduciary duties and in consultation with its independent financial and legal advisors, will car
Proposal represents 30.3% premium to the average closing price of Leggett & Platt's shares during the last 30 trading daysCombination would provide Leggett & Platt shareholders with significant premium and opportunity to participate in combined company growthDALLAS, Dec. 1, 2025 /PRNewswire/ -- Somnigroup International Inc. (NYSE:SGI, ", Company", or ", Somnigroup", )) today announced that it submitted a proposal to the Board of Directors of Leggett & Platt Inc. (NYSE:LEG) to acquire all outstanding common shares of Leggett & Platt in an all-stock transaction (the "Proposal"). Under the terms of the Proposal, Leggett & Platt shareholders would receive shares of Somnigroup common stock with a
CARTHAGE, Mo., Nov. 6, 2025 /PRNewswire/ -- Leggett & Platt's Board of Directors declared a dividend of $.05 per share for the fourth quarter of 2025. The dividend will be paid on January 15, 2026 to shareholders of record on December 15, 2025. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - FOR MORE INFORMATION: Visit Leggett's website at www.leggett.com. COMPANY DESCRIPTION: Leggett & Platt (NYSE:LEG) is a diversified manufacturer that designs and produces a broad variety of engineered components and products that can be found in many homes and automobiles. The 142-year-old Company is a leading supp
4 - LEGGETT & PLATT INC (0000058492) (Issuer)
4 - LEGGETT & PLATT INC (0000058492) (Issuer)
4 - LEGGETT & PLATT INC (0000058492) (Issuer)
4 - LEGGETT & PLATT INC (0000058492) (Issuer)
4 - LEGGETT & PLATT INC (0000058492) (Issuer)
4 - LEGGETT & PLATT INC (0000058492) (Issuer)
No Shareholder Action Required at This Time CARTHAGE, Mo., Dec. 1, 2025 /PRNewswire/ -- Leggett & Platt confirmed that it has received an unsolicited proposal from Somnigroup International Inc. (NYSE:SGI) ("Somnigroup") to acquire all the outstanding shares of Leggett & Platt in an all-stock transaction. Somnigroup's proposal states that the exchange ratio is "to be agreed" and that the proposal is non-binding and subject to due diligence. Somnigroup did not engage with the Company prior to November 30, 2025 with respect to its proposal. The Leggett & Platt Board of Directors, consistent with its fiduciary duties and in consultation with its independent financial and legal advisors, will car
CARTHAGE, Mo., Nov. 6, 2025 /PRNewswire/ -- Leggett & Platt's Board of Directors declared a dividend of $.05 per share for the fourth quarter of 2025. The dividend will be paid on January 15, 2026 to shareholders of record on December 15, 2025. - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - FOR MORE INFORMATION: Visit Leggett's website at www.leggett.com. COMPANY DESCRIPTION: Leggett & Platt (NYSE:LEG) is a diversified manufacturer that designs and produces a broad variety of engineered components and products that can be found in many homes and automobiles. The 142-year-old Company is a leading supp
CARTHAGE, Mo., Oct. 27, 2025 /PRNewswire/ -- 3Q sales of $1.0 billion, a 6% decrease vs 3Q243Q EPS of $0.91, 3Q adjusted1 EPS of $0.29, a $0.03 decrease vs adjusted1 3Q24 EPS3Q operating cash flow of $126 million, a $30 million increase vs 3Q24Strengthened balance sheet by reducing debt $296 million using Aerospace proceeds and operating cash flowReaffirmed the midpoint of 2025 sales and adjusted EPS guidance; narrowed guidance rangePresident and CEO Karl Glassman commented, "We are pleased to report solid results for the quarter, achieved amid ongoing macroeconomic challenges. Our performance reflects continued progress on strategic priorities and disciplined execution across the company. D
NEW YORK, June 7, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, June 24, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from the S
CARTHAGE, Mo., May 21, 2024 /PRNewswire/ -- Karl Glassman appointed President and CEO and will continue to serve as Board ChairmanMitch Dolloff resigned as President and CEO and a member of the BoardDiversified manufacturer Leggett & Platt announced that its Board of Directors has appointed Karl Glassman as President and Chief Executive Officer, effective immediately. Karl will continue to serve as Board Chairman. This follows the decision by Mitch Dolloff to resign as Chief Executive Officer and a member the Board, also effective immediately, having mutually agreed with the Board that now is the right time for a change in leadership at Leggett & Platt. Mitch will serve in a consulting capac
CARTHAGE, Mo., June 22, 2023 /PRNewswire/ -- Diversified manufacturer Leggett & Platt announced that its Board of Directors appointed Benjamin M. Burns as Executive Vice President and Chief Financial Officer effective June 21, 2023. Ben replaces Jeffrey L. Tate, who departed from his position effective the same day. President and CEO Mitch Dolloff commented, "I am pleased to announce that Ben Burns will serve as CFO. He is a 20-year veteran of Leggett & Platt who brings tremendous business, financial, accounting and auditing capabilities, and has proven himself an outstanding leader. We have worked closely together, and I have absolute confidence in his ability to successfully lead our finan
SC 13G/A - LEGGETT & PLATT INC (0000058492) (Subject)
SC 13G/A - LEGGETT & PLATT INC (0000058492) (Subject)
SC 13G/A - LEGGETT & PLATT INC (0000058492) (Subject)