LKQ Corporation $LKQ Shares Purchased by UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of LKQ Corporation (NASDAQ:LKQ) by 7.0% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 781,347 shares of the auto parts company’s stock after buying an additional 51,095 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in LKQ were worth $20,573,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently made changes to their positions in the company. Harbor Investment Advisory LLC boosted its holdings in shares of LKQ by 260.0% in the first quarter. Harbor Investment Advisory LLC now owns 900 shares of the auto parts company’s stock valued at $26,000 after acquiring an additional 650 shares in the last quarter. Northwestern Mutual Wealth Management Co. bought a new stake in LKQ during the second quarter worth approximately $25,000. Cedar Mountain Advisors LLC acquired a new stake in LKQ in the first quarter worth approximately $28,000. Global Retirement Partners LLC acquired a new stake in LKQ in the second quarter worth approximately $25,000. Finally, Essential Partners LLC bought a new position in LKQ during the 1st quarter valued at $30,000. 95.63% of the stock is owned by institutional investors and hedge funds.

LKQ Price Performance

NASDAQ LKQ opened at $25.54 on Friday. LKQ Corporation has a 1 year low of $21.17 and a 1 year high of $37.13. The business’s fifty day moving average is $25.27 and its two-hundred day moving average is $27.63. The stock has a market capitalization of $6.46 billion, a P/E ratio of 14.19 and a beta of 0.85. The company has a debt-to-equity ratio of 0.52, a quick ratio of 0.61 and a current ratio of 1.58.

LKQ (NASDAQ:LKQ) last released 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). The company had revenue of $3.41 billion for 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 business’s revenue was down 3.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.87 earnings per share. LKQ has set its FY 2026 guidance at 2.600-2.900 EPS. On average, research analysts forecast that LKQ Corporation will post 2.67 earnings per share for the current fiscal year.

LKQ Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Thursday, August 20th were given a $0.30 dividend. The ex-dividend date was Thursday, August 20th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 4.7%. LKQ’s dividend payout ratio (DPR) is 66.67%.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on LKQ shares. Roth Capital set a $35.00 price target on LKQ in a research report on Monday, August 3rd. Barclays decreased their target price on LKQ from $30.00 to $25.00 and set an “equal weight” rating for the company in a research note on Monday, August 3rd. Weiss Ratings lowered LKQ from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, August 13th. Raymond James Financial set a $30.00 price target on shares of LKQ in a research report on Friday, July 31st. Finally, Zacks Research downgraded shares of LKQ from a “hold” rating to a “strong sell” rating in a report on Monday, August 3rd. Three investment analysts have rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, LKQ has an average rating of “Hold” and a consensus target price of $31.08.

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.