Kennedy Capital Management LLC Sells 72,001 Shares of LKQ Corporation $LKQ

Kennedy Capital Management LLC lessened its stake in LKQ Corporation (NASDAQ:LKQ) by 22.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 242,466 shares of the auto parts company’s stock after selling 72,001 shares during the quarter. Kennedy Capital Management LLC owned approximately 0.09% of LKQ worth $7,322,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Thompson Investment Management Inc. increased its position in shares of LKQ by 14.0% during 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 during the last quarter. Seizert Capital Partners LLC lifted its holdings in 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 worth $65,797,000 after acquiring an additional 503,998 shares during the period. Goodman Financial Corp lifted its holdings in LKQ by 9.9% during 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. SG Americas Securities LLC lifted its holdings in LKQ by 3,046.7% during the fourth quarter. SG Americas Securities LLC now owns 270,525 shares of the auto parts company’s stock worth $8,170,000 after acquiring an additional 261,928 shares during the period. Finally, Rathbones Group PLC lifted its holdings in LKQ by 14.3% during the third quarter. Rathbones Group PLC now owns 171,511 shares of the auto parts company’s stock worth $5,238,000 after acquiring an additional 21,499 shares during the period. Institutional investors own 95.63% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Weiss Ratings upgraded LKQ from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, May 4th. JPMorgan Chase & Co. dropped their price target on LKQ from $40.00 to $37.00 and set an “overweight” rating on the stock in a report on Monday, February 23rd. Wall Street Zen lowered LKQ from a “buy” rating to a “hold” rating in a report on Sunday, February 22nd. Barclays dropped their price target on LKQ from $34.00 to $33.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 7th. Finally, Zacks Research upgraded LKQ from a “strong sell” rating to a “hold” rating in a 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 company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $42.33.

LKQ Stock Performance

Shares of LKQ opened at $26.14 on Tuesday. The firm has a market cap of $6.66 billion, a PE ratio of 12.94 and a beta of 0.83. The stock’s fifty day moving average price is $28.07 and its two-hundred day moving average price is $30.23. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.54 and a quick ratio of 0.60. LKQ Corporation has a 1 year low of $23.98 and a 1 year high of $39.77.

LKQ (NASDAQ:LKQ) last issued its earnings results on Thursday, April 30th. The auto parts company reported $0.67 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.67. The firm had revenue of $3.47 billion for the quarter, compared to analyst estimates of $3.39 billion. LKQ had a return on equity of 11.65% and a net margin of 3.71%.The business’s revenue was up 4.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.79 earnings per share. LKQ has set its FY 2026 guidance at 2.900-3.200 EPS. On average, equities research analysts forecast that LKQ Corporation will post 3 EPS for the current year.

LKQ Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st were given a $0.30 dividend. The ex-dividend date was Thursday, May 21st. This represents a $1.20 annualized dividend and a dividend yield of 4.6%. LKQ’s payout ratio 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.