Callan Family Office LLC Takes $717,000 Position in LKQ Corporation $LKQ

Callan Family Office LLC acquired a new stake in shares of LKQ Corporation (NASDAQ:LKQFree Report) during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 27,225 shares of the auto parts company’s stock, valued at approximately $717,000.

Several other institutional investors have also recently added to or reduced their stakes in LKQ. Global Retirement Partners LLC acquired a new stake in shares of LKQ during the 2nd quarter worth about $25,000. Harbor Investment Advisory LLC raised its position in shares of LKQ by 260.0% in the first quarter. Harbor Investment Advisory LLC now owns 900 shares of the auto parts company’s stock valued at $26,000 after buying an additional 650 shares during the last quarter. Cedar Mountain Advisors LLC acquired a new position in shares of LKQ in the first quarter valued at approximately $28,000. Essential Partners LLC purchased a new position in shares of LKQ during the first quarter valued at approximately $30,000. Finally, Torren Management LLC purchased a new position in shares of LKQ during the fourth quarter valued at approximately $32,000. Institutional investors and hedge funds own 95.63% of the company’s stock.

LKQ Price Performance

LKQ opened at $25.37 on Wednesday. LKQ Corporation has a 1 year low of $21.17 and a 1 year high of $37.13. The company’s 50 day simple moving average is $25.39 and its 200 day simple moving average is $28.10. The stock has a market capitalization of $6.42 billion, a PE ratio of 14.09 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 (NASDAQ:LKQGet Free Report) last issued 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). 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 business’s revenue for the quarter was down 3.0% on a year-over-year basis. During the same period last year, the company posted $0.87 EPS. LKQ has set its FY 2026 guidance at 2.600-2.900 EPS. As a group, sell-side analysts expect that LKQ Corporation will post 2.67 EPS 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 given a $0.30 dividend. This represents a $1.20 annualized dividend 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%.

Analysts Set New Price Targets

LKQ has been the subject of several recent analyst reports. Zacks Research cut shares of LKQ from a “hold” rating to a “strong sell” rating in a research note on Monday, August 3rd. JPMorgan Chase & Co. reduced their price target on LKQ from $37.00 to $30.00 and set an “overweight” rating on the stock in a research note on Friday, July 31st. Robert W. Baird set a $30.00 price objective on LKQ in a report on Friday, July 31st. Roth Capital set a $35.00 price objective on LKQ in a research report on Monday, August 3rd. Finally, Stephens dropped their target price on LKQ from $39.00 to $36.50 and set an “overweight” rating for the company in a research note on Tuesday, July 21st. Three equities research 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.com, LKQ presently has an average rating of “Hold” and a consensus target price of $31.08.

View Our Latest Stock Analysis on LKQ

LKQ Company Profile

(Free Report)

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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Institutional Ownership by Quarter for LKQ (NASDAQ:LKQ)

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