LKQ (NASDAQ:LKQ) Given New $30.00 Price Target at JPMorgan Chase & Co.

LKQ (NASDAQ:LKQ) had its target price cut by JPMorgan Chase & Co. from $37.00 to $30.00 in a research report report published on Friday morning,Benzinga reports. They currently have an overweight rating on the auto parts company’s stock.

Other equities analysts have also recently issued research reports about the company. Zacks Research upgraded LKQ from a “strong sell” rating to a “hold” rating in a report on Friday, May 1st. Stephens decreased their price target on LKQ from $39.00 to $36.50 and set an “overweight” rating on the stock in a report on Tuesday, July 21st. Robert W. Baird set a $30.00 price target on LKQ in a research report on Friday. Raymond James Financial set a $30.00 price objective on shares of LKQ in a research note on Friday. Finally, Barclays cut their price objective on shares of LKQ from $33.00 to $30.00 and set an “equal weight” rating on the stock in a research report on Tuesday, July 21st. Three investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, LKQ has a consensus rating of “Moderate Buy” and an average price target of $33.25.

LKQ Stock Down 0.7%

Shares of NASDAQ:LKQ opened at $22.45 on Friday. The company has a market cap of $5.72 billion, a price-to-earnings ratio of 12.47 and a beta of 0.83. LKQ has a 12 month low of $21.17 and a 12 month high of $37.13. The company has a current ratio of 1.58, a quick ratio of 0.60 and a debt-to-equity ratio of 0.52. The company has a 50-day moving average price of $25.77 and a 200 day moving average price of $29.13.

LKQ (NASDAQ:LKQ) last issued its quarterly earnings data on Thursday, July 30th. The auto parts company reported $0.67 earnings per share 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 company had revenue of $3.41 billion for the quarter, compared to the consensus estimate of $3.48 billion. During the same period in the previous year, the firm earned $0.87 earnings per share. The company’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. As a group, equities research analysts predict that LKQ will post 3 earnings per share for the current year.

LKQ Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Thursday, August 20th will be paid a dividend of $0.30 per share. The ex-dividend date of this dividend is Thursday, August 20th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 5.3%. LKQ’s dividend payout ratio is currently 66.67%.

Institutional Investors Weigh In On LKQ

A number of institutional investors and hedge funds have recently modified their holdings of the business. Seizert Capital Partners LLC grew its position in LKQ by 30.1% in the 4th quarter. Seizert Capital Partners LLC now owns 2,178,703 shares of the auto parts company’s stock valued at $65,797,000 after acquiring an additional 503,998 shares during the last quarter. Applied Finance Capital Management LLC increased its stake in LKQ by 11.0% in the first quarter. Applied Finance Capital Management LLC now owns 662,216 shares of the auto parts company’s stock worth $19,449,000 after purchasing an additional 65,534 shares during the period. Catalyst Funds Management Pty Ltd bought a new stake in shares of LKQ during the fourth quarter worth $975,000. Handelsbanken Fonder AB boosted its stake in shares of LKQ by 37.8% during the fourth quarter. Handelsbanken Fonder AB now owns 81,600 shares of the auto parts company’s stock valued at $2,464,000 after purchasing an additional 22,400 shares during the period. Finally, Entropy Technologies LP purchased a new stake in shares of LKQ during the fourth quarter valued at $3,158,000. 95.63% of the stock is owned by institutional investors.

More LKQ News

Here are the key news stories impacting LKQ this week:

• Positive Sentiment: JPMorgan lowered its price target from $37 to $30 but maintained an overweight rating. The new target implies substantial upside from recent levels, suggesting the firm views the selloff as excessive if LKQ’s European operations stabilize. Benzinga analyst update
• Positive Sentiment: LKQ declared a quarterly dividend of $0.30 per share, payable September 3 to shareholders of record August 20. At recent prices, the annualized payout represents an approximate 5.3% yield, which may support income-oriented investors.
• Neutral Sentiment: Management said North America is showing improving trends and Specialty demand remains steady, providing potential offsets if European performance recovers.
• Negative Sentiment: Second-quarter adjusted EPS was $0.67, below estimates near $0.71-$0.73 and down from $0.87 a year earlier. Revenue of approximately $3.41 billion also missed expectations and declined 3% year over year. LKQ second-quarter earnings report
• Negative Sentiment: LKQ reduced 2026 adjusted EPS guidance to $2.60-$2.90 from $2.90-$3.20, below the roughly $2.98 analyst consensus. It also forecast organic revenue growth of negative 3% to negative 1%.
• Negative Sentiment: Europe was the primary cause of the guidance cut. A slower-than-expected recovery following Germany’s enterprise resource-planning implementation, along with softer demand in the U.K. and Benelux, reportedly reduced quarterly revenue by about $140 million and European EBITDA by roughly $50 million. Zacks LKQ earnings analysis

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.