Lear Corporation is a global automotive technology company. The Company's segments include Seating and E-Systems. The Company's Seating segment consists of the design, development, engineering and manufacture of complete seat systems and key seat components. Its key seat component product offerings include seat trim covers; surface materials such as leather and fabric; seat mechanisms; seat foam; headrests; and thermal comfort systems such as seat heating, ventilation, active cooling, pneumatic lumbar and massage products. Its E-Systems segment consists of the design, development, engineering and manufacture of complete electrical distribution and connection systems; high-voltage power distribution products, including battery disconnect units (BDUs); and low-voltage power distribution products and electronic controllers. These capabilities enable it to provide its customers with customizable solutions with optimized designs for both low-voltage and high-voltage vehicle architectures.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 34.48%.
Stable Dividend
The company has regularly paid dividends over the past 5 years, with the latest dividend payout ratio of 34.48%.
Fairly Valued
The company’s latest PE is 13.94, at a medium 3-year percentile range.
Institutional Buying
The latest institutional holdings are 61.67M shares, increasing 0.18% quarter-over-quarter.
Held by Richard Pzena
Star Investor Richard Pzena holds 5.61M shares of this stock.