Kiltearn Bought 265,000 LKQ Shares for an $8 Million Bet on the Auto Parts Industry

Core Insights - Kiltearn Partners LLP acquired 264,600 shares of LKQ Corporation in Q4 2025, with an estimated transaction value of $7.98 million, leading to a quarter-end value increase of $7.91 million [1] Company Overview - LKQ Corporation reported a trailing twelve-month (TTM) revenue of $13.96 billion and a net income of $697 million [3] - The company offers a dividend yield of 3.52% and had a stock price of $34.10 as of February 13, 2026 [3] Business Model - LKQ is a prominent distributor of automotive replacement parts, operating across North America and Europe [5][8] - The company focuses on both recycled and aftermarket parts, which supports a resilient business model in the automotive aftermarket sector [5] Recent Transactions and Holdings - The recent acquisition by Kiltearn Partners brought its stake in LKQ to 3.24% of its 13F reportable assets under management (AUM) as of December 31, 2025 [7] - LKQ shares are currently valued at $34.10, reflecting an 8.6% decline over the past year, underperforming the S&P 500 by 20.37 percentage points [7] Financial Performance - LKQ's stock has decreased by approximately 43% from its peak in 2022, with trailing 12-month net income falling by 39.1% over the past three years [9] - Following the divestiture of its self-service segment in September, LKQ raised its 2025 operating cash flow outlook by $25 million to a range between $0.825 billion and $1.025 billion [9]