Reinhart Partners LLC. Has $4.96 Million Stock Position in LKQ Corporation $LKQ

Reinhart Partners LLC. decreased its position in LKQ Corporation (NASDAQ:LKQ) by 28.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 164,341 shares of the auto parts company’s stock after selling 64,878 shares during the period. Reinhart Partners LLC.’s holdings in LKQ were worth $4,963,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Seizert Capital Partners LLC grew its holdings in shares of LKQ by 30.1% in the 4th quarter. Seizert Capital Partners LLC now owns 2,178,703 shares of the auto parts company’s stock valued at $65,797,000 after buying an additional 503,998 shares during the period. New South Capital Management Inc. grew its holdings in shares of LKQ by 0.7% in the 3rd quarter. New South Capital Management Inc. now owns 1,313,761 shares of the auto parts company’s stock valued at $40,122,000 after buying an additional 8,981 shares during the period. Applied Finance Capital Management LLC grew its holdings in shares of LKQ by 11.2% in the 4th quarter. Applied Finance Capital Management LLC now owns 596,682 shares of the auto parts company’s stock valued at $18,020,000 after buying an additional 60,337 shares during the period. Thompson Investment Management Inc. grew its holdings in shares of LKQ by 14.0% in the 4th quarter. Thompson Investment Management Inc. now owns 374,299 shares of the auto parts company’s stock valued at $11,304,000 after buying an additional 46,052 shares during the period. Finally, Goodman Financial Corp grew its holdings in shares of LKQ by 9.9% in the 3rd quarter. Goodman Financial Corp now owns 355,108 shares of the auto parts company’s stock valued at $10,845,000 after buying an additional 31,857 shares during the period. Institutional investors and hedge funds own 95.63% of the company’s stock.

LKQ Trading Down 1.6%

LKQ stock opened at $25.65 on Wednesday. The firm has a 50-day moving average of $28.76 and a 200-day moving average of $30.54. LKQ Corporation has a one year low of $23.98 and a one year high of $40.53. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.54 and a quick ratio of 0.60. The company has a market cap of $6.54 billion, a price-to-earnings ratio of 12.70 and a beta of 0.83.

LKQ (NASDAQ:LKQ) last posted its quarterly earnings data on Thursday, April 30th. The auto parts company reported $0.67 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 company had revenue of $3.47 billion during the quarter, compared to the consensus estimate of $3.39 billion. During the same period in the prior year, the business posted $0.79 EPS. The company’s quarterly revenue 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, equities analysts expect that LKQ Corporation will post 3 earnings per share for the current fiscal year.

LKQ Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st will be issued a $0.30 dividend. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date of this dividend is Thursday, May 21st. LKQ’s dividend payout ratio is presently 59.41%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Weiss Ratings raised shares of LKQ from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, May 4th. Wall Street Zen lowered shares of LKQ from a “buy” rating to a “hold” rating in a research note on Sunday, February 22nd. Barclays reduced their target price 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. Zacks Research raised shares of LKQ from a “strong sell” rating to a “hold” rating in a research note on Friday, May 1st. Finally, JPMorgan Chase & Co. reduced their target price on shares of LKQ from $40.00 to $37.00 and set an “overweight” rating for the company in a research note on Monday, February 23rd. Five analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, LKQ presently has a consensus rating of “Moderate Buy” and a consensus target price of $42.33.

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.