Entropy Technologies LP Sells 61,571 Shares of LKQ Corporation $LKQ

Entropy Technologies LP cut its stake in shares of LKQ Corporation (NASDAQ:LKQ) by 58.9% during the 1st quarter, HoldingsChannel reports. The firm owned 42,984 shares of the auto parts company’s stock after selling 61,571 shares during the period. Entropy Technologies LP’s holdings in LKQ were worth $1,262,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of LKQ. Integrated Wealth Concepts LLC acquired a new stake in shares of LKQ during the first quarter valued at about $278,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in 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 worth $1,339,000 after purchasing an additional 807 shares during the period. Empowered Funds LLC bought a new stake in shares of LKQ during the first quarter valued at approximately $1,162,000. BI Asset Management Fondsmaeglerselskab A S raised its holdings in shares of LKQ by 170.0% in the 2nd quarter. BI Asset Management Fondsmaeglerselskab A S now owns 7,886 shares of the auto parts company’s stock worth $292,000 after acquiring an additional 4,965 shares during the last quarter. Finally, Kennedy Capital Management LLC raised its position in LKQ by 41.2% in the 3rd quarter. Kennedy Capital Management LLC now owns 314,467 shares of the auto parts company’s stock valued at $9,604,000 after buying an additional 91,776 shares during the last quarter. 95.63% of the stock is currently owned by institutional investors.

LKQ Stock Up 1.7%

LKQ stock opened at $26.25 on Tuesday. LKQ Corporation has a 12 month low of $23.98 and a 12 month high of $37.13. The stock has a fifty day simple moving average of $25.90 and a two-hundred day simple moving average of $29.33. The company has a current ratio of 1.54, a quick ratio of 0.60 and a debt-to-equity ratio of 0.51. The firm has a market cap of $6.69 billion, a price-to-earnings ratio of 13.00 and a beta of 0.83.

LKQ (NASDAQ:LKQ) last posted its earnings results on Thursday, April 30th. The auto parts company reported $0.67 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.67. The business had revenue of $3.47 billion for the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.79 EPS. LKQ has set its FY 2026 guidance at 2.900-3.200 EPS. Equities analysts predict that LKQ Corporation will post 3 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

LKQ has been the topic of a number of research analyst reports. Stephens cut 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 target on shares of LKQ from $33.00 to $30.00 and set an “equal weight” rating for the company in a research note on Tuesday, July 21st. Weiss Ratings raised LKQ from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, May 4th. Finally, Zacks Research raised LKQ from a “strong sell” rating to a “hold” rating in a research report on Friday, May 1st. Three equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $36.62.

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.