Handelsbanken Fonder AB Purchases 22,400 Shares of LKQ Corporation $LKQ

Handelsbanken Fonder AB grew its position in LKQ Corporation (NASDAQ:LKQ) by 37.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 81,600 shares of the auto parts company’s stock after acquiring an additional 22,400 shares during the period. Handelsbanken Fonder AB’s holdings in LKQ were worth $2,464,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of LKQ. Rossby Financial LCC boosted its position in shares of LKQ by 159.4% in the third quarter. Rossby Financial LCC now owns 882 shares of the auto parts company’s stock worth $27,000 after purchasing an additional 542 shares during the period. Torren Management LLC bought a new position in shares of LKQ in the fourth quarter worth approximately $32,000. Rothschild Investment LLC boosted its position in shares of LKQ by 830.7% in the third quarter. Rothschild Investment LLC now owns 1,424 shares of the auto parts company’s stock worth $43,000 after purchasing an additional 1,271 shares during the period. Colonial Trust Co SC boosted its position in shares of LKQ by 399.0% in the third quarter. Colonial Trust Co SC now owns 2,520 shares of the auto parts company’s stock worth $77,000 after purchasing an additional 2,015 shares during the period. Finally, Horizon Investments LLC boosted its position in shares of LKQ by 78.3% in the third quarter. Horizon Investments LLC now owns 7,417 shares of the auto parts company’s stock worth $227,000 after purchasing an additional 3,258 shares during the period. 95.63% of the stock is currently owned by institutional investors.

LKQ Stock Performance

Shares of LKQ opened at $27.15 on Monday. LKQ Corporation has a twelve month low of $23.98 and a twelve month high of $40.94. The company has a market cap of $6.92 billion, a P/E ratio of 13.44 and a beta of 0.88. The company has a current ratio of 1.54, a quick ratio of 0.60 and a debt-to-equity ratio of 0.51. The company’s fifty day simple moving average is $29.00 and its 200-day simple moving average is $30.69.

LKQ (NASDAQ:LKQ) last announced its earnings results on Thursday, April 30th. The auto parts company reported $0.67 earnings per share for the quarter, meeting the consensus estimate of $0.67. LKQ had a net margin of 3.71% and a return on equity of 11.65%. The business had revenue of $3.47 billion for the quarter, compared to the consensus estimate of $3.39 billion. During the same quarter in the prior year, the firm posted $0.79 earnings per share. The business’s revenue for the quarter was up 4.3% on a year-over-year basis. LKQ has set its FY 2026 guidance at 2.900-3.200 EPS. As a group, analysts expect that LKQ Corporation will post 3 EPS for the current year.

LKQ Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st will be paid a $0.30 dividend. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $1.20 annualized dividend and a dividend yield of 4.4%. LKQ’s dividend payout ratio is currently 59.41%.

Trending Headlines about LKQ

Here are the key news stories impacting LKQ this week:

• Positive Sentiment: Zacks Research raised several forward earnings estimates for LKQ, including Q4 2026, Q3 2027, Q4 2027, Q1 2028 and FY2028, while keeping a “Hold” rating. Higher profit expectations can support sentiment toward the auto parts supplier. Zacks Research estimate updates
• Neutral Sentiment: A Seeking Alpha piece described LKQ as a “deep value stock” with a durable core business, which may reinforce the investment case but is not a direct catalyst for near-term stock movement. Seeking Alpha article
• Negative Sentiment: Multiple law firms announced or promoted securities-fraud class actions against LKQ, with a lead-plaintiff deadline of June 22, 2026. These headlines can pressure the stock by raising legal overhang and investor concern about potential damages or disclosures. Class action alert

Wall Street Analyst Weigh In

A number of research firms have weighed in on LKQ. JPMorgan Chase & Co. dropped their price target on shares of LKQ from $40.00 to $37.00 and set an “overweight” rating for the company in a research report on Monday, February 23rd. Weiss Ratings upgraded shares of LKQ from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, May 4th. Barclays dropped their target price on shares of LKQ from $34.00 to $33.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 7th. Wall Street Zen lowered shares of LKQ from a “buy” rating to a “hold” rating in a research report on Sunday, February 22nd. Finally, Zacks Research upgraded shares of LKQ from a “strong sell” rating to a “hold” rating in a research report on Friday, May 1st. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $42.33.

LKQ Profile

LKQ Corporation is a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles. The company supplies a broad range of replacement components, including recycled original equipment manufacturer (OEM) parts, aftermarket parts, refurbished and remanufactured items. Its products support collision repair, mechanical repair and performance enhancement needs across passenger cars, heavy trucks and recreational vehicles.

Through a combination of in-house operations and strategic acquisitions, LKQ has developed a comprehensive product portfolio that extends beyond core replacement parts.