Aldebaran Capital LLC Buys 55,820 Shares of LKQ Corporation $LKQ

Key Points

• Aldebaran Capital increased its LKQ stake by 54.7% in the second quarter, purchasing 55,820 additional shares and bringing its holdings to 157,918 shares valued at approximately $4.16 million.
• Analyst sentiment is mixed, with LKQ receiving an overall “Hold” rating and a consensus price target of $31.08; price targets range from $25 to $35.
• LKQ reported quarterly EPS of $0.67, below the $0.71 analyst estimate, while revenue fell 3% year over year to $3.41 billion. The company also declared a quarterly dividend of $0.30 per share, representing a 4.7% annualized yield.

Aldebaran Capital LLC raised its holdings in LKQ Corporation (NASDAQ:LKQ - Free Report) by 54.7% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 157,918 shares of the auto parts company's stock after purchasing an additional 55,820 shares during the period. LKQ makes up about 3.1% of Aldebaran Capital LLC's portfolio, making the stock its 12th largest holding. Aldebaran Capital LLC owned approximately 0.06% of LKQ worth $4,158,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of LKQ. Captrust Financial Advisors grew its position in shares of LKQ by 0.4% in the 3rd 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 during the last quarter. Harbor Investment Advisory LLC boosted its holdings in LKQ by 260.0% in the 1st quarter. Harbor Investment Advisory LLC now owns 900 shares of the auto parts company's stock worth $26,000 after buying an additional 650 shares during the period. Root Financial Partners LLC increased its holdings in LKQ by 142.4% during the 1st 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 during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in LKQ by 2.6% during the first 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 purchasing an additional 807 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. bought a new position in LKQ during the second quarter valued at approximately $25,000. Institutional investors and hedge funds own 95.63% of the company's stock.

Wall Street Analyst Weigh In

LKQ has been the topic of a number of recent analyst reports. Roth Capital set a $35.00 price objective on LKQ in a research report on Monday, August 3rd. Robert W. Baird set a $30.00 price objective on shares of LKQ in a research note on Friday, July 31st. Raymond James Financial set a $30.00 price objective on shares of LKQ in a research note on Friday, July 31st. Barclays cut their price target on shares of LKQ from $30.00 to $25.00 and set an "equal weight" rating on the stock in a report on Monday, August 3rd. Finally, Weiss Ratings lowered shares of LKQ from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Thursday, August 13th. Three investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, LKQ currently has an average rating of "Hold" and a consensus target price of $31.08.

LKQ Price Performance

Shares of NASDAQ LKQ opened at $25.53 on Monday. LKQ Corporation has a 52-week low of $21.17 and a 52-week high of $37.13. The company has a quick ratio of 0.61, a current ratio of 1.58 and a debt-to-equity ratio of 0.52. The company's 50-day simple moving average is $25.39 and its 200-day simple moving average is $27.91. The firm has a market cap of $6.46 billion, a price-to-earnings ratio of 14.18 and a beta of 0.84.

LKQ (NASDAQ:LKQ - Get Free Report) last posted its earnings results 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 during the quarter, compared to analyst estimates of $3.48 billion. During the same period in the previous year, the company earned $0.87 EPS. The company's quarterly revenue was down 3.0% compared to the same quarter last year. LKQ has set its FY 2026 guidance at 2.600-2.900 EPS. Equities analysts predict that LKQ Corporation will post 2.67 EPS for the current fiscal year.

LKQ Dividend Announcement

The firm also recently disclosed 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 annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend is Thursday, August 20th. LKQ's dividend payout ratio is currently 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.

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