River Road Asset Management LLC Trims Stock Holdings in LKQ Corporation $LKQ

River Road Asset Management LLC lowered its holdings in shares of LKQ Corporation (NASDAQ:LKQ) by 20.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,445,000 shares of the auto parts company’s stock after selling 364,771 shares during the quarter. River Road Asset Management LLC owned 0.57% of LKQ worth $43,639,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of the business. Seizert Capital Partners LLC lifted its holdings in shares of LKQ by 30.1% in the 4th quarter. Seizert Capital Partners LLC now owns 2,178,703 shares of the auto parts company’s stock worth $65,797,000 after buying an additional 503,998 shares during the period. Applied Finance Capital Management LLC increased its stake in shares of LKQ by 11.2% during the fourth quarter. Applied Finance Capital Management LLC now owns 596,682 shares of the auto parts company’s stock valued at $18,020,000 after buying an additional 60,337 shares during the period. Thompson Investment Management Inc. raised its holdings in shares of LKQ by 14.0% in the fourth quarter. Thompson Investment Management Inc. now owns 374,299 shares of the auto parts company’s stock valued at $11,304,000 after acquiring an additional 46,052 shares in the last quarter. Goodman Financial Corp lifted its stake in LKQ by 9.9% in the third quarter. Goodman Financial Corp now owns 355,108 shares of the auto parts company’s stock worth $10,845,000 after acquiring an additional 31,857 shares during the period. Finally, Kennedy Capital Management LLC lifted its stake in LKQ by 41.2% in the third quarter. Kennedy Capital Management LLC now owns 314,467 shares of the auto parts company’s stock worth $9,604,000 after acquiring an additional 91,776 shares during the period. Institutional investors own 95.63% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently weighed in on LKQ. Barclays lowered their price target 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. Weiss Ratings raised shares of LKQ from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, May 4th. Wall Street Zen lowered LKQ from a “buy” rating to a “hold” rating in a report on Sunday, February 22nd. JPMorgan Chase & Co. dropped their target price on LKQ from $40.00 to $37.00 and set an “overweight” rating on the stock in a research report on Monday, February 23rd. Finally, Zacks Research raised LKQ from a “strong sell” rating to a “hold” rating in a research report on Friday, May 1st. Five investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $42.33.

LKQ Stock Performance

Shares of LKQ opened at $25.80 on Friday. 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 firm has a market cap of $6.57 billion, a PE ratio of 12.77 and a beta of 0.83. LKQ Corporation has a 12 month low of $23.98 and a 12 month high of $39.77. The stock has a fifty day moving average price of $27.89 and a 200-day moving average price of $30.15.

LKQ (NASDAQ:LKQ) last released its earnings results on Thursday, April 30th. The auto parts company reported $0.67 earnings per share for the quarter, hitting the consensus estimate of $0.67. LKQ had a net margin of 3.71% and a return on equity of 11.65%. The company had revenue of $3.47 billion for the quarter, compared to the consensus estimate of $3.39 billion. During the same quarter in the previous year, the firm earned $0.79 EPS. LKQ’s revenue 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 research analysts predict that LKQ Corporation will post 3 earnings per share for the current fiscal year.

LKQ Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Thursday, May 21st were paid a $0.30 dividend. The ex-dividend date was Thursday, May 21st. This represents a $1.20 dividend on an annualized basis and a yield of 4.7%. LKQ’s dividend payout ratio (DPR) is 59.41%.

About LKQ

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.