Rathbones Group PLC Has $5.24 Million Stake in LKQ Corporation $LKQ

Rathbones Group PLC grew its stake in shares of LKQ Corporation (NASDAQ:LKQ) by 14.3% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 171,511 shares of the auto parts company’s stock after buying an additional 21,499 shares during the period. Rathbones Group PLC owned approximately 0.07% of LKQ worth $5,238,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of LKQ. Applied Finance Capital Management LLC raised its position in shares of LKQ by 6.1% in the 3rd quarter. Applied Finance Capital Management LLC now owns 536,345 shares of the auto parts company’s stock valued at $16,380,000 after acquiring an additional 31,042 shares during the period. Goodman Financial Corp boosted its stake in LKQ by 9.9% during the 3rd 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 last quarter. Rhumbline Advisers grew its holdings in LKQ by 4.7% during the second quarter. Rhumbline Advisers now owns 535,387 shares of the auto parts company’s stock valued at $19,815,000 after purchasing an additional 23,835 shares during the period. Thompson Investment Management Inc. increased its stake in LKQ by 25.2% in the third quarter. Thompson Investment Management Inc. now owns 328,247 shares of the auto parts company’s stock valued at $10,025,000 after purchasing an additional 66,069 shares in the last quarter. Finally, SG Americas Securities LLC increased its stake in LKQ by 106.8% in the second quarter. SG Americas Securities LLC now owns 26,567 shares of the auto parts company’s stock valued at $983,000 after purchasing an additional 13,723 shares in the last quarter. 95.63% of the stock is currently owned by institutional investors and hedge funds.

LKQ Stock Up 0.0%

LKQ stock opened at $31.47 on Monday. The company has a 50 day moving average of $32.91 and a 200-day moving average of $31.40. The company has a quick ratio of 0.58, a current ratio of 1.67 and a debt-to-equity ratio of 0.55. LKQ Corporation has a twelve month low of $28.13 and a twelve month high of $44.82. The stock has a market capitalization of $8.03 billion, a PE ratio of 13.33 and a beta of 0.89.

LKQ (NASDAQ:LKQ) last issued its quarterly earnings data on Thursday, February 19th. The auto parts company reported $0.59 EPS for the quarter, missing analysts’ consensus estimates of $0.65 by ($0.06). The company had revenue of $3.31 billion for the quarter, compared to analyst estimates of $3.24 billion. LKQ had a return on equity of 12.29% and a net margin of 4.36%.The company’s revenue was up 2.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.80 earnings per share. LKQ has set its FY 2026 guidance at 2.900-3.200 EPS. On average, equities research analysts anticipate that LKQ Corporation will post 3.57 EPS for the current fiscal year.

LKQ Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 12th will be paid a $0.30 dividend. The ex-dividend date of this dividend is Thursday, March 12th. This represents a $1.20 annualized dividend and a dividend yield of 3.8%. LKQ’s dividend payout ratio (DPR) is currently 50.85%.

Analysts Set New Price Targets

LKQ has been the topic of a number of recent analyst reports. Zacks Research cut shares of LKQ from a “hold” rating to a “strong sell” rating in a research report on Monday, January 26th. JPMorgan Chase & Co. lowered their price objective on shares of LKQ from $40.00 to $37.00 and set an “overweight” rating for the company in a research report on Monday, February 23rd. Barclays set a $34.00 price objective on LKQ in a research note on Friday, February 20th. Wall Street Zen lowered LKQ from a “buy” rating to a “hold” rating in a report on Sunday, February 22nd. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of LKQ in a research note on Monday, December 29th. Five 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 stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $42.50.

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.