GW&K Investment Management LLC Has $65.25 Million Position in Dorman Products, Inc. $DORM

GW&K Investment Management LLC lowered its holdings in Dorman Products, Inc. (NASDAQ:DORM) by 3.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 529,644 shares of the auto parts company’s stock after selling 19,747 shares during the quarter. GW&K Investment Management LLC’s holdings in Dorman Products were worth $65,247,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently bought and sold shares of the company. EverSource Wealth Advisors LLC boosted its stake in Dorman Products by 594.1% in the second quarter. EverSource Wealth Advisors LLC now owns 236 shares of the auto parts company’s stock worth $29,000 after purchasing an additional 202 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in Dorman Products by 26.7% in the third quarter. Jones Financial Companies Lllp now owns 417 shares of the auto parts company’s stock worth $65,000 after purchasing an additional 88 shares in the last quarter. Acadian Asset Management LLC acquired a new position in Dorman Products in the first quarter worth $71,000. Farther Finance Advisors LLC boosted its stake in Dorman Products by 96.4% in the fourth quarter. Farther Finance Advisors LLC now owns 807 shares of the auto parts company’s stock worth $99,000 after purchasing an additional 396 shares in the last quarter. Finally, GAMMA Investing LLC boosted its stake in Dorman Products by 11.6% in the fourth quarter. GAMMA Investing LLC now owns 827 shares of the auto parts company’s stock worth $102,000 after purchasing an additional 86 shares in the last quarter. Institutional investors and hedge funds own 84.70% of the company’s stock.

Wall Street Analyst Weigh In

DORM has been the topic of a number of recent analyst reports. Wells Fargo & Company reduced their price objective on Dorman Products from $150.00 to $140.00 and set an “overweight” rating on the stock in a research note on Friday, February 27th. Jefferies Financial Group raised Dorman Products from a “hold” rating to a “buy” rating and reduced their price objective for the stock from $159.00 to $140.00 in a research note on Monday, March 2nd. Stephens reissued an “overweight” rating and issued a $150.00 price objective on shares of Dorman Products in a research note on Wednesday, March 18th. Barrington Research reissued an “outperform” rating and issued a $150.00 price objective 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 report on Friday, May 15th. Six research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Dorman Products presently has a consensus rating of “Moderate Buy” and an average price target of $157.00.

Dorman Products Trading Down 0.3%

DORM stock opened at $127.98 on Wednesday. The company has a market cap of $3.82 billion, a P/E ratio of 20.64 and a beta of 0.99. Dorman Products, Inc. has a twelve month low of $98.44 and a twelve month high of $166.89. The company has a quick ratio of 1.28, a current ratio of 3.29 and a debt-to-equity ratio of 0.27. The business has a fifty day moving average of $114.84 and a 200-day moving average of $119.82.

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

Insider Buying and Selling at Dorman Products

In other news, SVP Donna M. Long sold 947 shares of the business’s stock in a transaction on Thursday, March 12th. The stock was sold at an average price of $103.07, for a total transaction of $97,607.29. Following the completion of the sale, the senior vice president owned 20,073 shares in the company, valued at $2,068,924.11. The trade was a 4.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 7.70% of the stock is currently owned by insiders.

About Dorman Products

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.