LKQ Corporation (NASDAQ:LKQ – Get Free Report)’s share price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $27.11 and last traded at $27.1190, with a volume of 1954708 shares traded. The stock had previously closed at $28.10.
Wall Street Analyst Weigh In
Several research firms have recently weighed in on LKQ. Zacks Research upgraded shares of LKQ from a “strong sell” rating to a “hold” rating in a research note on Friday, May 1st. Weiss Ratings raised shares of LKQ from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, May 4th. Wall Street Zen lowered LKQ from a “buy” rating to a “hold” rating in a research report on Sunday, February 22nd. Barclays cut 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, JPMorgan Chase & Co. decreased their price objective on LKQ from $40.00 to $37.00 and set an “overweight” rating for the company in a report on Monday, February 23rd. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, LKQ has a consensus rating of “Moderate Buy” and a consensus price target of $42.33.
Get Our Latest Stock Analysis on LKQ
LKQ Stock Performance
LKQ (NASDAQ:LKQ – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The auto parts company reported $0.67 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.67. LKQ had a net margin of 3.71% and a return on equity of 11.65%. The firm had revenue of $3.47 billion for the quarter, compared to the consensus estimate of $3.39 billion. During the same period in the previous year, the firm earned $0.79 EPS. The business’s revenue for the quarter was up 4.3% compared to the same quarter last year. LKQ has set its FY 2026 guidance at 2.900-3.200 EPS. As a group, analysts anticipate that LKQ Corporation will post 3 earnings per share for the current year.
LKQ Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Thursday, May 21st will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.6%. The ex-dividend date of this dividend is Thursday, May 21st. LKQ’s dividend payout ratio (DPR) is presently 59.41%.
Institutional Investors Weigh In On LKQ
Large investors have recently made changes to their positions in the business. Seizert Capital Partners LLC increased 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 buying an additional 503,998 shares during the last quarter. SG Americas Securities LLC lifted its position in shares of LKQ by 3,046.7% during the 4th quarter. SG Americas Securities LLC now owns 270,525 shares of the auto parts company’s stock valued at $8,170,000 after buying an additional 261,928 shares during the last quarter. Entropy Technologies LP purchased a new stake in LKQ in the 4th quarter worth about $3,158,000. Kennedy Capital Management LLC lifted its holdings in LKQ by 41.2% during the third quarter. Kennedy Capital Management LLC now owns 314,467 shares of the auto parts company’s stock valued at $9,604,000 after purchasing an additional 91,776 shares during the last quarter. Finally, Applied Finance Capital Management LLC increased its stake in shares of LKQ by 11.0% in the first quarter. Applied Finance Capital Management LLC now owns 662,216 shares of the auto parts company’s stock worth $19,449,000 after purchasing an additional 65,534 shares in the last quarter. 95.63% of the stock is owned by hedge funds and other institutional investors.
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.
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