Rathbones Group PLC Has $5.24 Million Stock Holdings in LKQ Corporation $LKQ

Rathbones Group PLC raised its position in LKQ Corporation (NASDAQ:LKQ) by 14.3% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 171,511 shares of the auto parts company’s stock after acquiring an additional 21,499 shares during the period. Rathbones Group PLC’s holdings in LKQ were worth $5,238,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in the business. New South Capital Management Inc. grew its stake in shares of LKQ by 0.7% during the 3rd quarter. New South Capital Management Inc. now owns 1,313,761 shares of the auto parts company’s stock worth $40,122,000 after acquiring an additional 8,981 shares in the last quarter. New York State Common Retirement Fund lifted its position in shares of LKQ by 1.2% in the third quarter. New York State Common Retirement Fund now owns 909,710 shares of the auto parts company’s stock worth $27,783,000 after purchasing an additional 10,616 shares in the last quarter. Applied Finance Capital Management LLC boosted its holdings in LKQ by 6.1% during the third quarter. Applied Finance Capital Management LLC now owns 536,345 shares of the auto parts company’s stock worth $16,380,000 after purchasing an additional 31,042 shares during the last quarter. Rhumbline Advisers boosted 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 worth $19,815,000 after purchasing an additional 23,835 shares during the last quarter. Finally, Goodman Financial Corp grew its position in LKQ by 9.9% in the third quarter. Goodman Financial Corp now owns 355,108 shares of the auto parts company’s stock valued at $10,845,000 after purchasing an additional 31,857 shares in the last quarter. 95.63% of the stock is owned by institutional investors.

LKQ Stock Performance

NASDAQ LKQ opened at $31.47 on Monday. The firm has a market capitalization of $8.03 billion, a P/E ratio of 13.33 and a beta of 0.89. The company has a current ratio of 1.67, a quick ratio of 0.58 and a debt-to-equity ratio of 0.55. The firm’s fifty day moving average price is $32.91 and its two-hundred day moving average price is $31.40. LKQ Corporation has a 1 year low of $28.13 and a 1 year high of $44.82.

LKQ (NASDAQ:LKQ) last announced 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 firm had revenue of $3.31 billion during the quarter, compared to the consensus estimate of $3.24 billion. LKQ had a net margin of 4.36% and a return on equity of 12.29%. The business’s revenue was up 2.7% on a year-over-year basis. During the same period last year, the business earned $0.80 EPS. LKQ has set its FY 2026 guidance at 2.900-3.200 EPS. As a group, research analysts anticipate that LKQ Corporation will post 3.57 EPS for the current year.

LKQ Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 12th will be issued a dividend of $0.30 per share. The ex-dividend date is Thursday, March 12th. This represents a $1.20 dividend on an annualized basis and a yield of 3.8%. LKQ’s dividend payout ratio (DPR) is presently 50.85%.

Analysts Set New Price Targets

Several equities research analysts have issued reports on LKQ shares. Stephens began coverage on shares of LKQ in a research note on Tuesday, December 9th. They issued an “overweight” rating and a $39.00 price target on the stock. Zacks Research cut LKQ from a “hold” rating to a “strong sell” rating in a report on Monday, January 26th. JPMorgan Chase & Co. lowered their target price on LKQ from $40.00 to $37.00 and set an “overweight” rating on the stock in a research report on Monday, February 23rd. Wall Street Zen lowered LKQ from a “buy” rating to a “hold” rating in a report on Sunday, February 22nd. Finally, Barclays set a $34.00 price target on LKQ in a research report on Friday, February 20th. Five equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $42.50.

LKQ Company 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.