Medina Value Partners LLC Invests $14.63 Billion in LKQ Corporation $LKQ

Medina Value Partners LLC acquired a new position in LKQ Corporation (NASDAQ:LKQ) in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 555,563 shares of the auto parts company’s stock, valued at approximately $14,627,974,000. LKQ makes up approximately 2.9% of Medina Value Partners LLC’s holdings, making the stock its 17th biggest holding. Medina Value Partners LLC owned about 0.22% of LKQ at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Harbor Investment Advisory LLC grew its stake 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 worth $26,000 after purchasing an additional 650 shares in the last quarter. Northwestern Mutual Wealth Management Co. bought a new stake in shares of LKQ during the second quarter valued at about $25,000. Cedar Mountain Advisors LLC acquired a new stake in LKQ in the first quarter worth about $28,000. Global Retirement Partners LLC acquired a new stake in LKQ in the second quarter worth about $25,000. Finally, Essential Partners LLC bought a new position in LKQ in the 1st quarter valued at about $30,000. 95.63% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

LKQ has been the topic of several research analyst reports. Robert W. Baird set a $30.00 target price on shares of LKQ in a research note on Friday, July 31st. Stephens reduced their price target on shares of LKQ from $39.00 to $36.50 and set an “overweight” rating for the company in a research note on Tuesday, July 21st. Barclays decreased their price objective on shares of LKQ from $30.00 to $25.00 and set an “equal weight” rating for the company in a report on Monday, August 3rd. Weiss Ratings lowered shares of LKQ from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Thursday, August 13th. Finally, Roth Capital set a $35.00 target price on LKQ in a report on Monday, August 3rd. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus target price of $31.08.

LKQ Trading Down 1.4%

Shares of LKQ stock opened at $25.37 on Wednesday. The stock has a 50-day simple moving average of $25.39 and a 200 day simple moving average of $28.10. The stock has a market capitalization of $6.42 billion, a P/E ratio of 14.09 and a beta of 0.84. LKQ Corporation has a fifty-two week low of $21.17 and a fifty-two week high of $37.13. The company has a quick ratio of 0.61, a current ratio of 1.58 and a debt-to-equity ratio of 0.52.

LKQ (NASDAQ:LKQ) 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). LKQ had a return on equity of 10.84% and a net margin of 3.37%.The business had revenue of $3.41 billion during the quarter, compared to the consensus estimate of $3.48 billion. During the same quarter last year, the firm posted $0.87 earnings per share. LKQ’s revenue was down 3.0% compared to the same quarter last year. LKQ has set its FY 2026 guidance at 2.600-2.900 EPS. On average, sell-side analysts expect that LKQ Corporation will post 2.67 earnings per share for the current fiscal year.

LKQ Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 20th 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 is Thursday, August 20th. LKQ’s payout ratio is presently 66.67%.

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.