Entropy Technologies LP Purchases New Shares in LKQ Corporation $LKQ

Entropy Technologies LP purchased a new stake in LKQ Corporation (NASDAQ:LKQ) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 104,555 shares of the auto parts company’s stock, valued at approximately $3,158,000.

Several other institutional investors and hedge funds have also modified their holdings of LKQ. Integrated Wealth Concepts LLC acquired a new position in shares of LKQ in the first quarter valued at about $278,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of LKQ by 2.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,476 shares of the auto parts company’s stock valued at $1,339,000 after acquiring an additional 807 shares in the last quarter. Empowered Funds LLC acquired a new position in shares of LKQ in the first quarter valued at about $1,162,000. BI Asset Management Fondsmaeglerselskab A S grew its stake in shares of LKQ by 170.0% in the second quarter. BI Asset Management Fondsmaeglerselskab A S now owns 7,886 shares of the auto parts company’s stock valued at $292,000 after acquiring an additional 4,965 shares in the last quarter. Finally, Rothschild Investment LLC grew its position in LKQ by 830.7% during the third quarter. Rothschild Investment LLC now owns 1,424 shares of the auto parts company’s stock worth $43,000 after buying an additional 1,271 shares in the last quarter. 95.63% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have weighed in on LKQ. JPMorgan Chase & Co. dropped their price objective on LKQ from $40.00 to $37.00 and set an “overweight” rating for the company in a report on Monday, February 23rd. Wall Street Zen downgraded LKQ from a “buy” rating to a “hold” rating in a research report on Sunday, February 22nd. Barclays cut their target price on LKQ from $34.00 to $33.00 and set an “equal weight” rating for the company in a research report on Tuesday, April 7th. Zacks Research upgraded LKQ from a “strong sell” rating to a “hold” rating in a research report on Friday, May 1st. Finally, Weiss Ratings upgraded LKQ from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, May 4th. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $42.33.

LKQ Stock Performance

Shares of LKQ stock opened at $26.20 on Monday. The company has a market capitalization of $6.68 billion, a price-to-earnings ratio of 12.97 and a beta of 0.83. The company has a quick ratio of 0.60, a current ratio of 1.54 and a debt-to-equity ratio of 0.51. LKQ Corporation has a 12-month low of $23.98 and a 12-month high of $39.77. The firm’s 50-day moving average price is $28.11 and its two-hundred day moving average price is $30.26.

LKQ (NASDAQ:LKQ) last announced its quarterly earnings data on Thursday, April 30th. The auto parts company reported $0.67 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.67. The firm had revenue of $3.47 billion for the quarter, compared to the consensus estimate of $3.39 billion. LKQ had a net margin of 3.71% and a return on equity of 11.65%. The business’s revenue for the quarter was up 4.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.79 earnings per share. LKQ has set its FY 2026 guidance at 2.900-3.200 EPS. On average, analysts forecast that LKQ Corporation will post 3 earnings per share for the current fiscal year.

LKQ Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 4th. Shareholders of record on Thursday, May 21st were paid a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 4.6%. The ex-dividend date was Thursday, May 21st. LKQ’s dividend payout ratio is presently 59.41%.

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.