Dorman Products, Inc. $DORM Holdings Boosted by Leeward Investments LLC MA

Leeward Investments LLC MA boosted its stake in Dorman Products, Inc. (NASDAQ:DORM) by 28.4% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 149,648 shares of the auto parts company’s stock after buying an additional 33,091 shares during the quarter. Leeward Investments LLC MA owned approximately 0.50% of Dorman Products worth $15,617,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. SG Americas Securities LLC grew its stake in shares of Dorman Products by 56.4% in the first quarter. SG Americas Securities LLC now owns 11,348 shares of the auto parts company’s stock worth $1,184,000 after acquiring an additional 4,093 shares during the last quarter. Rockefeller Capital Management L.P. lifted its stake in shares of Dorman Products by 140.9% in the 4th quarter. Rockefeller Capital Management L.P. now owns 1,313 shares of the auto parts company’s stock valued at $162,000 after purchasing an additional 768 shares during the period. Corient Private Wealth LLC grew its holdings in shares of Dorman Products by 7.2% in the 4th quarter. Corient Private Wealth LLC now owns 4,503 shares of the auto parts company’s stock valued at $557,000 after buying an additional 301 shares during the period. Caitong International Asset Management Co. Ltd lifted its position in Dorman Products by 954.0% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 527 shares of the auto parts company’s stock valued at $65,000 after acquiring an additional 477 shares in the last quarter. Finally, Sankala Group LLC acquired a new stake in Dorman Products in the 4th quarter valued at $47,000. Institutional investors own 84.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on DORM shares. Wall Street Zen downgraded shares of Dorman Products from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Zacks Research raised shares of Dorman Products from a “strong sell” rating to a “hold” rating in a research report on Friday, May 15th. Barrington Research restated an “outperform” rating and issued a $150.00 target price on shares of Dorman Products in a report on Monday, May 4th. Weiss Ratings reissued a “hold (c)” rating on shares of Dorman Products in a research report on Thursday, June 18th. Finally, Stephens reissued an “overweight” rating and set a $150.00 price objective on shares of Dorman Products in a research note on Wednesday, March 18th. Six investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $157.00.

Dorman Products Price Performance

Shares of NASDAQ:DORM opened at $128.15 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 firm’s 50 day simple moving average is $119.25 and its two-hundred day simple moving average is $119.45. The company has a market capitalization of $3.83 billion, a P/E ratio of 20.67 and a beta of 0.99.

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

Dorman Products 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.