Leggett & Platt (LEG)

• Market cap: $920M
• 1 day: 0.44%
• 5 days: -1.43%
• 1 month: -16.06%
• 3 months: -36.76%
• 6 months: -47.17%
• Year to date: -27.90%
• 1 year: -62.21%
• 5 years: -74.43%
• 10 years: -84.43%
• Sector: Consumer Discretionary
• Industry: Furnishings, Fixtures & Appliances

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: 17,700

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

28% more call options, than puts

Call options by funds: $8.41M | Put options by funds: $6.58M

9% more first-time investments, than exits

New positions opened: 73 | Existing positions closed: 67

1% more funds holding

Funds holding: 344 [Q3] → 347 (+3) [Q4]

0.73% more ownership

Funds ownership: 74.38% [Q3] → 75.11% (+0.73%) [Q4]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 1 (+0) [Q4]

28% less repeat investments, than reductions

Existing positions increased: 93 | Existing positions reduced: 130

29% less capital invested

Capital invested by funds: $1.36B [Q3] → $970M (-$388M) [Q4]

Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $9 30% upside
• Avg. target: $10 45% upside
• High target: $11 59% upside

2 analyst ratings

• positive: 0 0%
• neutral: 2 100%
• negative: 0 0%

Piper Sandler Mike Hickey 44% 1-year accuracy 40 / 91 met price target	30% upside $9	Neutral Reinstated	11 Apr 2025
Truist Securities Keith Hughes 12% 1-year accuracy 4 / 34 met price target	59% upside $11	Hold Maintained	29 Jan 2025