Reinhart Partners LLC. Sells 64,878 Shares of LKQ Corporation $LKQ

Reinhart Partners LLC. lowered its position in LKQ Corporation (NASDAQ:LKQ) by 28.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 164,341 shares of the auto parts company’s stock after selling 64,878 shares during the period. Reinhart Partners LLC. owned 0.06% of LKQ worth $4,963,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of LKQ. Rossby Financial LCC raised its stake in shares of LKQ by 159.4% in the third quarter. Rossby Financial LCC now owns 882 shares of the auto parts company’s stock valued at $27,000 after acquiring an additional 542 shares during the last quarter. Torren Management LLC bought a new position in shares of LKQ in the fourth quarter valued at approximately $32,000. Cullen Frost Bankers Inc. raised its stake in shares of LKQ by 254.7% in the fourth quarter. Cullen Frost Bankers Inc. now owns 1,362 shares of the auto parts company’s stock valued at $41,000 after acquiring an additional 978 shares during the last quarter. Rothschild Investment LLC raised its stake in shares of LKQ by 830.7% in the third quarter. Rothschild Investment LLC now owns 1,424 shares of the auto parts company’s stock valued at $43,000 after acquiring an additional 1,271 shares during the last quarter. Finally, Colonial Trust Co SC raised its stake in shares of LKQ by 399.0% in the third quarter. Colonial Trust Co SC now owns 2,520 shares of the auto parts company’s stock valued at $77,000 after acquiring an additional 2,015 shares during the last quarter. Institutional investors own 95.63% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Wall Street Zen lowered shares of LKQ from a “buy” rating to a “hold” rating in a report on Sunday, February 22nd. Zacks Research upgraded LKQ from a “strong sell” rating to a “hold” rating in a research report on Friday, May 1st. Weiss Ratings raised LKQ from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, May 4th. Barclays lowered their target price on LKQ from $34.00 to $33.00 and set an “equal weight” rating for the company in a research note on Tuesday, April 7th. Finally, JPMorgan Chase & Co. lowered their target price on LKQ from $40.00 to $37.00 and set an “overweight” rating for the company in a research note on Monday, February 23rd. Five equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $42.33.

LKQ Stock Performance

Shares of LKQ stock opened at $25.65 on Wednesday. The firm has a fifty day moving average of $28.76 and a two-hundred day moving average of $30.54. The stock has a market capitalization of $6.54 billion, a price-to-earnings ratio of 12.70 and a beta of 0.83. LKQ Corporation has a 52 week low of $23.98 and a 52 week high of $40.53. The company has a debt-to-equity ratio of 0.51, a quick ratio of 0.60 and a current ratio of 1.54.

LKQ (NASDAQ:LKQ) last issued its earnings results on Thursday, April 30th. The auto parts company reported $0.67 EPS for the quarter, meeting the consensus estimate of $0.67. The company had revenue of $3.47 billion during 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 previous year, the company posted $0.79 EPS. LKQ has set its FY 2026 guidance at 2.900-3.200 EPS. As a group, equities research analysts predict that LKQ Corporation will post 3 EPS for the current year.

LKQ Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st will be issued a $0.30 dividend. The ex-dividend date of this dividend is Thursday, May 21st. This represents a $1.20 annualized dividend and a dividend yield of 4.7%. LKQ’s payout ratio is 59.41%.

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.