Sanctuary Advisors LLC Buys Shares of 54,149 LKQ Corporation $LKQ

Sanctuary Advisors LLC purchased a new position in shares of LKQ Corporation (NASDAQ:LKQ) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 54,149 shares of the auto parts company’s stock, valued at approximately $1,426,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Captrust Financial Advisors lifted its position in shares of LKQ by 0.4% in the third quarter. Captrust Financial Advisors now owns 84,939 shares of the auto parts company’s stock worth $2,594,000 after purchasing an additional 377 shares in the last quarter. Harbor Investment Advisory LLC increased its stake in LKQ by 260.0% in the 1st quarter. Harbor Investment Advisory LLC now owns 900 shares of the auto parts company’s stock valued at $26,000 after buying an additional 650 shares during the last quarter. Root Financial Partners LLC lifted its position in LKQ by 142.4% during the 1st quarter. Root Financial Partners LLC now owns 1,217 shares of the auto parts company’s stock worth $36,000 after buying an additional 715 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of LKQ by 2.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,476 shares of the auto parts company’s stock worth $1,339,000 after buying an additional 807 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. bought a new position in shares of LKQ in the 2nd quarter valued at about $25,000. 95.63% of the stock is currently owned by institutional investors and hedge funds.

LKQ Price Performance

Shares of LKQ stock opened at $25.75 on Thursday. LKQ Corporation has a twelve month low of $21.17 and a twelve month high of $37.13. The company has a quick ratio of 0.61, a current ratio of 1.58 and a debt-to-equity ratio of 0.52. The company has a 50-day simple moving average of $25.40 and a two-hundred day simple moving average of $28.04. The stock has a market capitalization of $6.51 billion, a price-to-earnings ratio of 14.31 and a beta of 0.84.

LKQ (NASDAQ:LKQ) last issued its quarterly earnings results 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 during the quarter, compared to the consensus estimate of $3.48 billion. LKQ had a return on equity of 10.84% and a net margin of 3.37%.The firm’s revenue for the quarter was down 3.0% on a year-over-year basis. 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. Analysts forecast that LKQ Corporation will post 2.67 EPS for the current year.

LKQ Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Thursday, August 20th will be given a dividend of $0.30 per share. The ex-dividend date is Thursday, August 20th. This represents a $1.20 dividend on an annualized basis and a yield of 4.7%. LKQ’s payout ratio is currently 66.67%.

Analyst Ratings Changes

LKQ has been the topic of several analyst reports. Weiss Ratings lowered LKQ from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, August 13th. JPMorgan Chase & Co. lowered their price target on LKQ from $37.00 to $30.00 and set an “overweight” rating on the stock in a research report on Friday, July 31st. Roth Capital set a $35.00 price objective on LKQ in a research note on Monday, August 3rd. Raymond James Financial set a $30.00 target price on shares of LKQ in a research note on Friday, July 31st. Finally, Robert W. Baird set a $30.00 price target on shares of LKQ in a research report on Friday, July 31st. Three equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, LKQ presently has a consensus rating of “Hold” and a consensus price target of $31.08.

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.