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

Medina Value Partners LLC bought a new position in LKQ Corporation (NASDAQ:LKQ) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 555,563 shares of the auto parts company’s stock, valued at approximately $14,627,974. LKQ makes up about 0.0% of Medina Value Partners LLC’s investment portfolio, making the stock its 17th biggest position. Medina Value Partners LLC owned 0.22% of LKQ at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in LKQ. Harbor Investment Advisory LLC raised its position in shares of LKQ by 260.0% during 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 during the period. Northwestern Mutual Wealth Management Co. bought a new position in LKQ during the second quarter valued at $25,000. Cedar Mountain Advisors LLC purchased a new stake in LKQ during the first quarter valued at about $28,000. Global Retirement Partners LLC purchased a new position in LKQ during the 2nd quarter valued at $25,000. Finally, Essential Partners LLC purchased a new stake in shares of LKQ during the first quarter valued at $30,000. 95.63% of the stock is owned by institutional investors and hedge funds.

LKQ Trading Up 0.7%

Shares of LKQ stock traded up $0.17 on Friday, reaching $25.53. 3,178,232 shares of the company’s stock were exchanged, compared to its average volume of 2,929,626. The company’s fifty day simple moving average is $25.39 and its 200 day simple moving average is $27.97. The company has a current ratio of 1.58, a quick ratio of 0.61 and a debt-to-equity ratio of 0.52. LKQ Corporation has a 52 week low of $21.17 and a 52 week high of $37.13. The stock has a market capitalization of $6.46 billion, a PE ratio of 14.18 and a beta of 0.84.

LKQ (NASDAQ:LKQ) last announced its quarterly earnings data on Thursday, July 30th. The auto parts company reported $0.67 EPS for the quarter, missing analysts’ consensus estimates of $0.71 by ($0.04). The company had revenue of $3.41 billion for the quarter, compared to analysts’ expectations of $3.48 billion. LKQ had a return on equity of 10.84% and a net margin of 3.37%.The business’s quarterly revenue was down 3.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.87 EPS. LKQ has set its FY 2026 guidance at 2.600-2.900 EPS. As a group, analysts forecast that LKQ Corporation will post 2.67 EPS for the current year.

LKQ Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Stephens lowered their price target on shares of LKQ from $39.00 to $36.50 and set an “overweight” rating on the stock in a report on Tuesday, July 21st. Barclays lowered their price objective on LKQ from $30.00 to $25.00 and set an “equal weight” rating for the company in a research note on Monday, August 3rd. Zacks Research lowered LKQ from a “hold” rating to a “strong sell” rating in a research report on Monday, August 3rd. Raymond James Financial set a $30.00 price target on shares of LKQ in a research note on Friday, July 31st. Finally, Robert W. Baird set a $30.00 price objective on shares of LKQ in a research report on Friday, July 31st. Three research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $31.08.

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.