SG Americas Securities LLC Sells 213,088 Shares of LKQ Corporation $LKQ

SG Americas Securities LLC decreased its position in LKQ Corporation (NASDAQ:LKQ) by 78.8% in the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 57,437 shares of the auto parts company’s stock after selling 213,088 shares during the period. SG Americas Securities LLC’s holdings in LKQ were worth $1,687,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Torren Management LLC purchased a new position in LKQ during the 4th quarter worth $32,000. Cullen Frost Bankers Inc. raised its position in LKQ by 254.7% during the 4th quarter. Cullen Frost Bankers Inc. now owns 1,362 shares of the auto parts company’s stock valued at $41,000 after purchasing an additional 978 shares in the last quarter. Parallel Advisors LLC lifted its holdings in shares of LKQ by 187.3% in the 4th quarter. Parallel Advisors LLC now owns 4,396 shares of the auto parts company’s stock worth $133,000 after buying an additional 2,866 shares during the period. Arkadios Wealth Advisors purchased a new stake in shares of LKQ in the 4th quarter worth $205,000. Finally, Horizon Investments LLC grew its position in shares of LKQ by 78.3% during the 3rd quarter. Horizon Investments LLC now owns 7,417 shares of the auto parts company’s stock worth $227,000 after buying an additional 3,258 shares in the last quarter. Institutional investors own 95.63% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on LKQ shares. Weiss Ratings upgraded LKQ from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, May 4th. Barclays lowered their price objective on shares of LKQ from $34.00 to $33.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 7th. Finally, Zacks Research raised shares of 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 issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $42.33.

LKQ Stock Performance

Shares of NASDAQ:LKQ opened at $26.55 on Friday. The firm has a 50 day moving average of $27.04 and a 200 day moving average of $29.91. The company has a quick ratio of 0.60, a current ratio of 1.54 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $6.76 billion, a price-to-earnings ratio of 13.14 and a beta of 0.83. LKQ Corporation has a 52 week low of $23.98 and a 52 week high of $39.77.

LKQ (NASDAQ:LKQ) last announced 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. LKQ had a return on equity of 11.65% and a net margin of 3.71%.The business had revenue of $3.47 billion for the quarter, compared to analysts’ expectations of $3.39 billion. During the same quarter last year, the firm earned $0.79 EPS. The business’s revenue for the quarter was up 4.3% on a year-over-year basis. LKQ has set its FY 2026 guidance at 2.900-3.200 EPS. On average, sell-side analysts predict that LKQ Corporation will post 3 earnings per share for the current fiscal year.

LKQ Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Investors of record on Thursday, May 21st were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, May 21st. This represents a $1.20 dividend on an annualized basis and a yield of 4.5%. LKQ’s dividend payout ratio (DPR) is presently 59.41%.

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.