Dorman Products, Inc. $DORM Shares Acquired by Atom Investors LP

Atom Investors LP grew its stake in Dorman Products, Inc. (NASDAQ:DORM) by 293.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 50,191 shares of the auto parts company’s stock after acquiring an additional 37,433 shares during the quarter. Atom Investors LP’s holdings in Dorman Products were worth $6,183,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. EverSource Wealth Advisors LLC raised its position in Dorman Products by 594.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 236 shares of the auto parts company’s stock valued at $29,000 after purchasing an additional 202 shares in the last quarter. Kestra Advisory Services LLC acquired a new position in Dorman Products during the fourth quarter worth approximately $48,000. Jones Financial Companies Lllp increased its position in Dorman Products by 26.7% during the third quarter. Jones Financial Companies Lllp now owns 417 shares of the auto parts company’s stock worth $65,000 after buying an additional 88 shares during the period. Kemnay Advisory Services Inc. acquired a new position in Dorman Products during the fourth quarter worth approximately $60,000. Finally, Acadian Asset Management LLC purchased a new position in shares of Dorman Products in the 1st quarter valued at approximately $71,000. 84.70% of the stock is currently owned by hedge funds and other institutional investors.

Dorman Products Stock Down 0.3%

Dorman Products stock opened at $125.75 on Wednesday. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.29 and a quick ratio of 1.28. Dorman Products, Inc. has a 1-year low of $98.44 and a 1-year high of $166.89. The company has a market cap of $3.76 billion, a PE ratio of 20.28 and a beta of 0.99. The stock’s 50 day moving average price is $117.25 and its 200 day moving average price is $119.65.

Dorman Products (NASDAQ:DORM) last posted its quarterly earnings results on Monday, May 4th. The auto parts company reported $1.57 earnings per share for the quarter, beating analysts’ consensus estimates of $1.52 by $0.05. Dorman Products had a return on equity of 17.73% and a net margin of 8.84%.The firm had revenue of $528.77 million for the quarter, compared to the consensus estimate of $524.80 million. During the same period in the previous year, the business earned $2.02 earnings per share. The company’s revenue for the quarter was up 4.2% compared to the same quarter last year. Dorman Products has set its FY 2026 guidance at 8.100-8.500 EPS. On average, sell-side analysts predict that Dorman Products, Inc. will post 8.22 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on DORM. Stephens reiterated an “overweight” rating and issued a $150.00 target price on shares of Dorman Products in a research note on Wednesday, March 18th. Wall Street Zen downgraded Dorman Products from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Jefferies Financial Group upgraded Dorman Products from a “hold” rating to a “buy” rating and decreased their price target for the company from $159.00 to $140.00 in a research note on Monday, March 2nd. Barrington Research restated an “outperform” rating and issued a $150.00 price target on shares of Dorman Products in a research note on Monday, May 4th. Finally, Zacks Research upgraded Dorman Products from a “strong sell” rating to a “hold” rating in a research note on Friday, May 15th. Six analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $157.00.

Dorman Products Company Profile

Dorman Products, Inc is a leading independent global supplier of automotive aftermarket parts and hardware. Headquartered in Colmar, Pennsylvania, the company specializes in the design, manufacture and distribution of replacement components for passenger cars, light trucks and commercial vehicles. Dorman’s offerings span both mechanical and electrical systems, providing solutions that help repair shops and retailers address wear-out and collision-related failures on domestic and import vehicles.

The company’s extensive product portfolio includes steering and suspension components, brake system parts, engine management and cooling products, exterior and body hardware, and an array of fasteners, clips and brackets.