Kiltearn Partners LLP Purchases Shares of 510,520 LKQ Corporation $LKQ

Kiltearn Partners LLP purchased a new position in LKQ Corporation (NASDAQ:LKQ) in the 2nd quarter, HoldingsChannel reports. The fund purchased 510,520 shares of the auto parts company’s stock, valued at approximately $13,442,000. LKQ comprises approximately 3.3% of Kiltearn Partners LLP’s holdings, making the stock its 11th biggest position.

Other hedge funds have also modified their holdings of the company. Global Retirement Partners LLC acquired a new stake in shares of LKQ in the second quarter valued at $25,000. Northwestern Mutual Wealth Management Co. purchased a new stake in LKQ during the 2nd quarter worth about $25,000. Harbor Investment Advisory LLC raised its position in LKQ by 260.0% in the 1st quarter. Harbor Investment Advisory LLC now owns 900 shares of the auto parts company’s stock valued at $26,000 after purchasing an additional 650 shares in the last quarter. Cedar Mountain Advisors LLC purchased a new position in shares of LKQ in the 1st quarter valued at about $28,000. Finally, Essential Partners LLC acquired a new position in shares of LKQ during the first quarter worth about $30,000. 95.63% of the stock is currently owned by institutional investors and hedge funds.

LKQ Stock Performance

Shares of LKQ opened at $25.77 on Friday. The company has a market capitalization of $6.52 billion, a price-to-earnings ratio of 14.32 and a beta of 0.84. LKQ Corporation has a 52-week low of $21.17 and a 52-week high of $37.13. The company has a quick ratio of 0.61, a current ratio of 1.58 and a debt-to-equity ratio of 0.52. The stock has a 50 day moving average price of $25.41 and a 200 day moving average price of $28.24.

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

LKQ Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 20th will be given a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend is Thursday, August 20th. LKQ’s dividend payout ratio (DPR) is 66.67%.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on LKQ shares. Barclays cut their target price on shares of LKQ from $30.00 to $25.00 and set an “equal weight” rating on the stock in a research note on Monday, August 3rd. Zacks Research downgraded shares of LKQ from a “hold” rating to a “strong sell” rating in a research report on Monday, August 3rd. JPMorgan Chase & Co. reduced their price objective on shares of LKQ from $37.00 to $30.00 and set an “overweight” rating on the stock in a report on Friday, July 31st. Roth Capital set a $35.00 target price on shares of LKQ in a research note on Monday, August 3rd. Finally, Weiss Ratings lowered LKQ from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, August 13th. Three analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, LKQ presently has a consensus rating of “Hold” and a consensus price target of $31.08.

Key Stories Impacting LKQ

Here are the key news stories impacting LKQ this week:

• Negative Sentiment: Zacks cut its FY2026 EPS forecast to $2.68 from $2.97 and reduced its Q3 2026 estimate to $0.71 from $0.85, signaling lower expectations for the company’s immediate operating performance.
• Negative Sentiment: Estimates for FY2027 were lowered to $2.98 EPS from $3.30. Quarterly forecasts were also reduced for Q1 2027 to $0.69 from $0.75 and Q2 2027 to $0.74 from $0.81.
• Negative Sentiment: Zacks reduced its Q3 2027 forecast to $0.80 EPS from $0.92 and its Q4 2027 estimate to $0.74 from $0.83, indicating that the weakness is expected to extend through much of 2027.
• Negative Sentiment: The firm also lowered its FY2028 EPS estimate to $3.33 from $3.50 and cut its Q1 2028 forecast to $0.80 from $0.83. While the revised FY2028 outlook still implies growth from earlier years, the downward revision is a negative signal for valuation and investor confidence.

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.