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

Kiltearn Partners LLP bought a new position in LKQ Corporation (NASDAQ:LKQ) in the second quarter, according to its most recent disclosure with the SEC. The firm bought 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 portfolio, making the stock its 11th biggest position. Kiltearn Partners LLP owned about 0.20% of LKQ as of its most recent SEC filing.

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

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on LKQ shares. Barclays cut their price target on shares of LKQ from $30.00 to $25.00 and set an “equal weight” rating for the company in a report on Monday, August 3rd. Weiss Ratings cut LKQ from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, August 13th. JPMorgan Chase & Co. reduced their target price on LKQ from $37.00 to $30.00 and set an “overweight” rating on the stock in a research report on Friday, July 31st. Zacks Research lowered LKQ from a “hold” rating to a “strong sell” rating in a research note on Monday, August 3rd. Finally, Raymond James Financial set a $30.00 price target on LKQ in a report 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 MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $31.08.

LKQ Stock Down 0.8%

LKQ stock opened at $25.77 on Friday. The company has a market capitalization of $6.52 billion, a PE ratio of 14.32 and a beta of 0.84. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.61 and a current ratio of 1.58. LKQ Corporation has a fifty-two week low of $21.17 and a fifty-two week high of $37.13. The firm 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 results on Thursday, July 30th. The auto parts company reported $0.67 EPS for the quarter, missing the consensus estimate of $0.71 by ($0.04). LKQ had a return on equity of 10.84% and a net margin of 3.37%.The firm had revenue of $3.41 billion for the quarter, compared to analysts’ expectations of $3.48 billion. During the same quarter in the prior year, the business 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. Research analysts expect that LKQ Corporation will post 2.67 earnings per share for the current year.

LKQ Announces Dividend

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

LKQ News Roundup

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 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.