Leggett & Platt
About: Leggett & Platt Inc designs and produces engineered components and products found in homes and automobiles. It operates its business through three segments namely Bedding Products, Specialized Products, and Furniture, Flooring, and Textile Products. It generates the majority of its revenue from Bedding Products. Serving a broad suite of customers around the world, Leggett & Platt's products include bedding components, automotive seat support, and lumbar systems, specialty bedding foam and private label finished mattresses, components for home furniture, and work furniture, flooring underlayment, adjustable beds, and various other products.
Employees: 19,300
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
55% more call options, than puts
Call options by funds: $14.8M | Put options by funds: $9.57M
16% more first-time investments, than exits
New positions opened: 71 | Existing positions closed: 61
13% more capital invested
Capital invested by funds: $1.21B [Q2] → $1.37B (+$156M) [Q3]
2% more funds holding
Funds holding: 335 [Q2] → 342 (+7) [Q3]
0% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 1 (+0) [Q3]
3.97% less ownership
Funds ownership: 78.79% [Q2] → 74.82% (-3.97%) [Q3]
21% less repeat investments, than reductions
Existing positions increased: 96 | Existing positions reduced: 122
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Goldman Sachs Susan Maklari 41% 1-year accuracy 12 / 29 met price target | 13%upside $12 | Neutral Maintained | 14 Jan 2025 |
Piper Sandler Peter Keith 57% 1-year accuracy 25 / 44 met price target | 22%upside $13 | Neutral Upgraded | 30 Oct 2024 |
Financial journalist opinion
Based on 4 articles about LEG published over the past 30 days
