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Guardian Wealth Buys Millions in LKQ Stock
11 Dec
Summary
- Guardian Wealth Management increased LKQ stake by 77,245 shares.
- The investment added an estimated $1.83 million to Guardian Wealth's position.
- LKQ stock has declined 26.0% over the past year.
Guardian Wealth Management recently boosted its holdings in LKQ Corporation by purchasing 77,245 shares during the third quarter of 2025. This strategic acquisition, valued at approximately $1.83 million, brings the firm's total stake in the automotive parts distributor to 159,199 shares, worth $4.86 million as of September 30, 2025.
The increased investment now constitutes 2.87% of Guardian Wealth's reportable U.S. equity assets. This move occurs even as LKQ's stock has experienced a notable downturn, falling 26.0% over the last year and underperforming the broader S&P 500 index by a significant margin.
LKQ operates as a leading distributor of aftermarket and recycled automotive parts across North America and Europe. The company supplies essential components to repair shops, dealerships, and directly to consumers, positioning itself within a critical sector of the automotive industry.
