826,362 LKQ Corporation $LKQ Shares Bought by Leeward Investments LLC MA

Leeward Investments LLC MA grew its position in shares of LKQ Corporation (NASDAQ:LKQ) by 321.1% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 1,083,743 shares of the auto parts company’s stock after acquiring an additional 826,362 shares during the period. LKQ accounts for approximately 1.2% of Leeward Investments LLC MA’s investment portfolio, making the stock its 13th biggest holding. Leeward Investments LLC MA’s holdings in LKQ were worth $24,742,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the company. BlackRock Inc. bought a new stake in shares of LKQ in the 2nd quarter valued at approximately $1,015,096,000. Pzena Investment Management LLC bought a new position in LKQ during the second quarter valued at approximately $398,696,000. Nykredit A S bought a new position in LKQ during the second quarter valued at approximately $84,795,000. Bank of New York Mellon Corp bought a new position in LKQ during the second quarter valued at approximately $76,343,000. Finally, Bank of America Corp DE acquired a new stake in LKQ in the second quarter valued at approximately $58,221,000. Institutional investors own 95.63% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. JPMorgan Chase & Co. decreased their target price on shares of LKQ from $30.00 to $27.00 and set an “overweight” rating for the company in a research report on Thursday, October 8th. Robert W. Baird set a $30.00 price target on shares of LKQ in a research note on Friday, July 31st. Jefferies Financial Group restated a “buy” rating and set a $30.00 price target on shares of LKQ in a report on Friday. Barclays reduced their price objective on shares of LKQ from $30.00 to $25.00 and set an “equal weight” rating for the company in a research note on Monday, August 3rd. Finally, Weiss Ratings cut shares of LKQ from a “hold (c-)” rating to a “sell (d+)” rating in a report on Thursday, August 13th. Four analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, LKQ presently has a consensus rating of “Hold” and an average price target of $30.50.

LKQ Stock Performance

LKQ opened at $17.42 on Monday. The company has a market cap of $4.41 billion, a PE ratio of 9.68 and a beta of 0.87. The stock has a 50-day moving average of $23.56 and a 200-day moving average of $25.64. LKQ Corporation has a 52-week low of $17.21 and a 52-week high of $37.13. 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 issued its quarterly earnings data 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). LKQ had a net margin of 3.37% and a return on equity of 10.84%. The company had revenue of $3.41 billion for the quarter, compared to analyst estimates of $3.48 billion. During the same period in the prior year, the company posted $0.87 EPS. The business’s revenue was down 3.0% on a year-over-year basis. LKQ has set its FY 2026 guidance at 2.600-2.900 EPS. As a group, equities research analysts forecast that LKQ Corporation will post 2.65 earnings per share for the current fiscal year.

LKQ Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Thursday, August 20th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Thursday, August 20th. This represents a $1.20 dividend on an annualized basis and a yield of 6.9%. LKQ’s dividend payout ratio is presently 66.67%.

More LKQ News

Here are the key news stories impacting LKQ this week:

• Positive Sentiment: New CEO appointed: Salvatore A. Abbate, described as an experienced distribution executive, will become president and CEO on December 15, potentially improving execution and providing a fresh start. LKQ appoints Salvatore A. Abbate as CEO
• Positive Sentiment: Turnaround support added: LKQ retained Alvarez & Marsal to advise on its European operations, which could accelerate corrective actions related to execution and profitability. LKQ preliminary third-quarter results and operational actions
• Neutral Sentiment: Full results pending: LKQ plans to release complete third-quarter results on October 29, which should provide more detail on the European disruption and the company’s recovery plans.
• Negative Sentiment: Preliminary results missed expectations: Revenue was approximately $3.32 billion, down from $3.50 billion a year earlier and below the roughly $3.4 billion consensus. LKQ expects a net loss of $16 million to $32 million and adjusted diluted EPS of $0.47–$0.53, versus an analyst estimate near $0.69. LKQ preliminary Q3 results
• Negative Sentiment: Europe is the primary problem: European parts-and-services organic revenue fell 9.8%, reflecting an ERP implementation disruption in Germany and lower volumes in the United Kingdom and Benelux. The segment’s expected EBITDA margin was only 4.1%–5.1%.
• Negative Sentiment: Visibility has weakened: LKQ withdrew its full-year 2026 financial guidance. CEO Justin Jude and LKQ Europe chief Andy Hamilton also departed, increasing uncertainty during the turnaround. LKQ pulls 2026 guidance and names new CEO
• Negative Sentiment: Analyst sentiment deteriorated: Barrington Research downgraded LKQ from “outperform” to “market perform.” A law firm also announced an investigation into whether investors were misled about European operations and the German software rollout.

LKQ Company Profile

LKQ Corporation is a global distributor of automotive parts and accessories. The company supplies replacement parts, components and equipment to professional repair shops, collision-repair businesses, insurers, dealerships and other commercial customers. Its product offerings include recycled original-equipment parts, aftermarket parts, specialty vehicle products, tools and equipment.

LKQ’s operations include the procurement, dismantling and distribution of salvaged vehicles, allowing it to provide recycled engines, transmissions, body panels and other components.