Callan Family Office LLC Invests $717,000 in LKQ Corporation $LKQ

Callan Family Office LLC bought a new position in shares of LKQ Corporation (NASDAQ:LKQ) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 27,225 shares of the auto parts company’s stock, valued at approximately $717,000.

Several other hedge funds have also recently bought and sold shares of LKQ. Captrust Financial Advisors lifted its position in LKQ by 0.4% during the third quarter. Captrust Financial Advisors now owns 84,939 shares of the auto parts company’s stock valued at $2,594,000 after buying an additional 377 shares in the last quarter. Harbor Investment Advisory LLC increased its position 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 worth $26,000 after acquiring an additional 650 shares in the last quarter. Root Financial Partners LLC increased its position in shares of LKQ by 142.4% in the first quarter. Root Financial Partners LLC now owns 1,217 shares of the auto parts company’s stock worth $36,000 after acquiring an additional 715 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of LKQ by 2.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 31,476 shares of the auto parts company’s stock valued at $1,339,000 after acquiring an additional 807 shares during the period. Finally, Cedar Mountain Advisors LLC purchased a new position in shares of LKQ in the 1st quarter valued at $28,000. Hedge funds and other institutional investors own 95.63% of the company’s stock.

Analyst Upgrades and Downgrades

LKQ has been the subject of a number of research reports. Weiss Ratings cut shares of LKQ from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, August 13th. Stephens cut their price objective on LKQ from $39.00 to $36.50 and set an “overweight” rating on the stock in a research report on Tuesday, July 21st. Raymond James Financial set a $30.00 price objective on LKQ in a research note on Friday, July 31st. Zacks Research downgraded LKQ from a “hold” rating to a “strong sell” rating in a research report on Monday, August 3rd. Finally, Barclays lowered 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. Three equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, LKQ presently has a consensus rating of “Hold” and a consensus target price of $31.08.

LKQ Price Performance

Shares of LKQ stock opened at $25.37 on Wednesday. The company has a market capitalization of $6.42 billion, a PE ratio of 14.09 and a beta of 0.84. The firm has a fifty day simple moving average of $25.39 and a 200-day simple moving average of $28.10. The company has a current ratio of 1.58, a quick ratio of 0.61 and a debt-to-equity ratio of 0.52. LKQ Corporation has a twelve month low of $21.17 and a twelve month high of $37.13.

LKQ (NASDAQ:LKQ) last released its quarterly earnings results on Thursday, July 30th. The auto parts company reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.71 by ($0.04). LKQ had a return on equity of 10.84% and a net margin of 3.37%.The firm had revenue of $3.41 billion for the quarter, compared to analysts’ expectations of $3.48 billion. During the same period last year, the firm earned $0.87 EPS. The business’s quarterly revenue was down 3.0% on a year-over-year basis. LKQ has set its FY 2026 guidance at 2.600-2.900 EPS. Equities research analysts anticipate that LKQ Corporation will post 2.67 earnings per share for the current fiscal year.

LKQ Announces Dividend

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

LKQ 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.