LKQ Corporation (LKQ) to Issue Quarterly Dividend of $0.30 on June 4th

LKQ Corporation (NASDAQ:LKQ) declared a quarterly dividend on Tuesday, April 28th. Shareholders of record on Thursday, May 21st will be paid a dividend of 0.30 per share by the auto parts company on Thursday, June 4th. This represents a c) dividend on an annualized basis and a yield of 4.8%. The ex-dividend date is Thursday, May 21st.

LKQ has a payout ratio of 31.3% meaning its dividend is sufficiently covered by earnings. Equities analysts expect LKQ to earn $3.33 per share next year, which means the company should continue to be able to cover its $1.20 annual dividend with an expected future payout ratio of 36.0%.

LKQ Stock Up 0.7%

NASDAQ LKQ opened at $24.79 on Tuesday. LKQ has a 52 week low of $24.31 and a 52 week high of $42.55. The company has a quick ratio of 0.60, a current ratio of 1.54 and a debt-to-equity ratio of 0.51. The business’s fifty day simple moving average is $29.40 and its 200-day simple moving average is $30.82. The firm has a market cap of $6.32 billion, a PE ratio of 12.27 and a beta of 0.88.

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

Institutional Trading of LKQ

A number of hedge funds and other institutional investors have recently modified their holdings of LKQ. Seizert Capital Partners LLC increased its stake in LKQ by 30.1% during the fourth quarter. Seizert Capital Partners LLC now owns 2,178,703 shares of the auto parts company’s stock worth $65,797,000 after purchasing an additional 503,998 shares during the period. SG Americas Securities LLC increased its stake in LKQ by 3,046.7% during the fourth quarter. SG Americas Securities LLC now owns 270,525 shares of the auto parts company’s stock worth $8,170,000 after purchasing an additional 261,928 shares during the period. Entropy Technologies LP purchased a new stake in LKQ during the fourth quarter worth about $3,158,000. Kennedy Capital Management LLC increased its stake in LKQ by 41.2% during the third quarter. Kennedy Capital Management LLC now owns 314,467 shares of the auto parts company’s stock worth $9,604,000 after purchasing an additional 91,776 shares during the period. Finally, Applied Finance Capital Management LLC increased its stake in LKQ by 11.0% during 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. 95.63% of the stock is owned by institutional investors and hedge funds.

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.