Weekly Analysts’ Ratings Updates for LKQ (LKQ)

Several analysts have recently updated their ratings and price targets for LKQ (NASDAQ: LKQ):

• 2/21/2025 – LKQ had its price target raised by analysts at JPMorgan Chase & Co. from $48.00 to $49.00. They now have an “overweight” rating on the stock.
• 2/20/2025 – LKQ had its “outperform” rating reaffirmed by analysts at Barrington Research. They now have a $60.00 price target on the stock.
• 2/20/2025 – LKQ was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 2/14/2025 – LKQ had its “outperform” rating reaffirmed by analysts at Barrington Research. They now have a $60.00 price target on the stock.
• 2/11/2025 – LKQ had its price target lowered by analysts at JPMorgan Chase & Co. from $50.00 to $48.00. They now have an “overweight” rating on the stock.

LKQ Stock Performance

Shares of LKQ stock traded up $0.27 on Tuesday, hitting $41.52. The company had a trading volume of 180,394 shares, compared to its average volume of 2,074,071. LKQ Co. has a twelve month low of $35.56 and a twelve month high of $53.68. The firm has a market cap of $10.79 billion, a P/E ratio of 15.85 and a beta of 1.29. The company has a 50-day moving average price of $37.71 and a 200-day moving average price of $38.77. The company has a quick ratio of 0.67, a current ratio of 1.71 and a debt-to-equity ratio of 0.68.

LKQ (NASDAQ:LKQ) last posted its earnings results on Thursday, February 20th. The auto parts company reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.04. The firm had revenue of $3.36 billion during the quarter, compared to analyst estimates of $3.42 billion. LKQ had a net margin of 4.81% and a return on equity of 14.93%. As a group, equities research analysts predict that LKQ Co. will post 3.57 earnings per share for the current fiscal year.

LKQ Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 13th will be issued a $0.30 dividend. This represents a $1.20 annualized dividend and a yield of 2.89%. The ex-dividend date of this dividend is Thursday, March 13th. LKQ’s payout ratio is currently 45.80%.

Insider Activity at LKQ

In related news, Director Dominick P. Zarcone sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, February 3rd. The stock was sold at an average price of $36.14, for a total transaction of $180,700.00. Following the completion of the sale, the director now directly owns 369,462 shares in the company, valued at approximately $13,352,356.68. The trade was a 1.34 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last quarter, insiders have sold 20,000 shares of company stock valued at $781,500. 0.55% of the stock is owned by company insiders.

Hedge Funds Weigh In On LKQ

A number of institutional investors and hedge funds have recently bought and sold shares of LKQ. Pacer Advisors Inc. boosted its holdings in shares of LKQ by 112.9% during the 4th quarter. Pacer Advisors Inc. now owns 42,563 shares of the auto parts company’s stock worth $1,564,000 after purchasing an additional 22,575 shares during the last quarter. Nordea Investment Management AB boosted its stake in LKQ by 11.0% during the fourth quarter. Nordea Investment Management AB now owns 8,406,444 shares of the auto parts company’s stock worth $309,609,000 after buying an additional 833,519 shares during the last quarter. Rehmann Capital Advisory Group acquired a new stake in shares of LKQ in the 3rd quarter worth $634,000. Quantbot Technologies LP raised its holdings in shares of LKQ by 27,310.6% during the 3rd quarter. Quantbot Technologies LP now owns 64,415 shares of the auto parts company’s stock worth $2,571,000 after acquiring an additional 64,180 shares during the period. Finally, Ninety One UK Ltd boosted its position in shares of LKQ by 28.5% during the 4th quarter. Ninety One UK Ltd now owns 833,015 shares of the auto parts company’s stock valued at $30,613,000 after acquiring an additional 184,710 shares during the last quarter. 95.63% of the stock is currently owned by institutional investors and hedge funds.

LKQ Corporation engages in the distribution of replacement parts, components, and systems used in the repair and maintenance of vehicles and specialty vehicle aftermarket products and accessories. It operates through four segments: Wholesale-North America, Europe, Specialty, and Self Service. The company distributes bumper covers, automotive body panels, and lights, as well as mechanical automotive parts and accessories; salvage products, including mechanical and collision parts comprising engines; transmissions; door assemblies; sheet metal products, such as trunk lids, fenders, and hoods; lights and bumper assemblies; scrap metal and other materials to metals recyclers; and brake pads, discs and sensors, clutches, steering and suspension products, filters, and oil and automotive fluids, as well as electrical products, including spark plugs and batteries.