Diversify Advisory Services LLC Invests $620,000 in LKQ Corporation $LKQ

Diversify Advisory Services LLC purchased a new position in LKQ Corporation (NASDAQ:LKQ) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 23,631 shares of the auto parts company’s stock, valued at approximately $620,000.

Several other institutional investors also recently added to or reduced their stakes in LKQ. BlackRock Inc. bought a new position in LKQ in the 2nd quarter worth about $1,015,096,000. Pzena Investment Management LLC purchased a new position in shares of LKQ during the second quarter worth approximately $398,696,000. Bank of New York Mellon Corp bought a new stake in shares of LKQ during the second quarter valued at approximately $76,343,000. Seizert Capital Partners LLC raised its stake in shares of LKQ by 30.1% during the fourth quarter. Seizert Capital Partners LLC now owns 2,178,703 shares of the auto parts company’s stock valued at $65,797,000 after acquiring an additional 503,998 shares in the last quarter. Finally, Rice Hall James & Associates LLC purchased a new stake in shares of LKQ in the second quarter valued at approximately $17,859,000. Hedge funds and other institutional investors own 95.63% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on LKQ. Roth Capital set a $35.00 price objective on LKQ in a research note on Monday, August 3rd. Stephens decreased their target price on LKQ from $39.00 to $36.50 and set an “overweight” rating for the company in a research report on Tuesday, July 21st. Weiss Ratings cut LKQ from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, August 13th. Barclays dropped their price target on LKQ from $30.00 to $25.00 and set an “equal weight” rating on the stock in a research report on Monday, August 3rd. Finally, Robert W. Baird set a $30.00 price target on LKQ in a research note on Friday, July 31st. Three analysts have rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, LKQ has a consensus rating of “Hold” and an average target price of $31.08.

LKQ Stock Up 0.5%

Shares of LKQ stock opened at $25.98 on Friday. LKQ Corporation has a 1-year low of $21.17 and a 1-year high of $37.13. The stock’s fifty day moving average price is $25.42 and its 200 day moving average price is $28.26. The company has a debt-to-equity ratio of 0.52, a current ratio of 1.58 and a quick ratio of 0.61. The company has a market cap of $6.57 billion, a price-to-earnings ratio of 14.43 and a beta of 0.84.

LKQ (NASDAQ:LKQ) last announced its earnings results on Thursday, July 30th. The auto parts company reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.71 by ($0.04). LKQ had a net margin of 3.37% and a return on equity of 10.84%. The business had revenue of $3.41 billion for the quarter, compared to analyst estimates of $3.48 billion. During the same period in the prior year, the company earned $0.87 earnings per share. The company’s quarterly revenue was down 3.0% on a year-over-year basis. LKQ has set its FY 2026 guidance at 2.600-2.900 EPS. On average, research analysts expect that LKQ Corporation will post 2.67 earnings per share for the current fiscal year.

LKQ Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be issued a dividend of $0.30 per share. The ex-dividend date is Thursday, August 20th. This represents a $1.20 annualized dividend and a dividend yield of 4.6%. LKQ’s dividend payout ratio is 66.67%.

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.