Kennedy Capital Management LLC Trims Holdings in LKQ Corporation $LKQ

Kennedy Capital Management LLC cut its stake in LKQ Corporation (NASDAQ:LKQ) by 22.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 242,466 shares of the auto parts company’s stock after selling 72,001 shares during the quarter. Kennedy Capital Management LLC’s holdings in LKQ were worth $7,322,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in LKQ. Integrated Wealth Concepts LLC purchased a new position in shares of LKQ in the first quarter valued at $278,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in LKQ by 2.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,476 shares of the auto parts company’s stock worth $1,339,000 after buying an additional 807 shares in the last quarter. Empowered Funds LLC purchased a new position in LKQ during the first quarter worth about $1,162,000. BI Asset Management Fondsmaeglerselskab A S grew its position in LKQ by 170.0% during the second quarter. BI Asset Management Fondsmaeglerselskab A S now owns 7,886 shares of the auto parts company’s stock worth $292,000 after buying an additional 4,965 shares in the last quarter. Finally, Rothschild Investment LLC grew its position in LKQ by 830.7% during the third quarter. Rothschild Investment LLC now owns 1,424 shares of the auto parts company’s stock worth $43,000 after buying an additional 1,271 shares in the last quarter. 95.63% of the stock is currently owned by hedge funds and other institutional investors.

LKQ Price Performance

LKQ opened at $26.14 on Tuesday. The stock has a 50-day moving average price of $28.07 and a 200-day moving average price of $30.23. LKQ Corporation has a 12-month low of $23.98 and a 12-month high of $39.77. 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 stock has a market capitalization of $6.66 billion, a P/E ratio of 12.94 and a beta of 0.83.

LKQ (NASDAQ:LKQ) last posted its quarterly earnings data on Thursday, April 30th. The auto parts company reported $0.67 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.67. LKQ had a return on equity of 11.65% and a net margin of 3.71%.The firm had revenue of $3.47 billion during the quarter, compared to analysts’ expectations of $3.39 billion. During the same period in the prior year, the business earned $0.79 EPS. The company’s revenue for the quarter was up 4.3% compared to the same quarter last year. LKQ has set its FY 2026 guidance at 2.900-3.200 EPS. Equities analysts predict that LKQ Corporation will post 3 earnings per share for the current fiscal year.

LKQ Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st were issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date was Thursday, May 21st. LKQ’s dividend payout ratio is presently 59.41%.

Analyst Ratings Changes

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

LKQ Company 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.