Towle & Co acquired 953,080 shares of Leggett & Platt in Q4, totaling $10.48 million, as reported in an SEC filing on February 12. This new stake accounts for 2.77% of Towle & Co’s assets under management at the end of December.

Leggett & Platt’s top holdings post-filing include HOUS, AMR, UNFI, GOLD, and MGA, with varying percentages of assets under management. Shares of Leggett & Platt were priced at $12.40 on February 11, showing a 25.8% increase in the past year, outperforming the S&P 500.

Leggett & Platt is a diversified manufacturer of engineered components for various markets, including bedding, furniture, automotive, and flooring. The company operates globally, serving a wide range of clients in different industries with proprietary and private-label products.

Leggett & Platt reported 2025 sales of $4.05 billion, down 7%, with a full-year EBIT of $356 million. The company is guiding towards 2026 sales between $3.8 billion to $4.0 billion and adjusted EPS of $1.00 to $1.20, expecting margin improvement from ongoing cost discipline and restructuring benefits.

Read more at Yahoo Finance: Leggett & Platt Sales Fell 7% to $4.05 Billion. One Fund Just Built a $10.5 Million Stake Anyway