Stephens Inc. AR Acquires 5,337 Shares of Dorman Products, Inc. $DORM

Stephens Inc. AR lifted its holdings in shares of Dorman Products, Inc. (NASDAQ:DORM) by 65.5% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 13,484 shares of the auto parts company’s stock after acquiring an additional 5,337 shares during the quarter. Stephens Inc. AR’s holdings in Dorman Products were worth $1,407,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. GAMMA Investing LLC grew its stake in Dorman Products by 11.6% in the 4th quarter. GAMMA Investing LLC now owns 827 shares of the auto parts company’s stock valued at $102,000 after purchasing an additional 86 shares during the period. Coldstream Capital Management Inc. raised its stake in shares of Dorman Products by 3.7% during the 3rd quarter. Coldstream Capital Management Inc. now owns 2,696 shares of the auto parts company’s stock worth $420,000 after purchasing an additional 97 shares during the period. Corient Private Wealth LLC boosted its holdings in shares of Dorman Products by 2.6% in the 2nd quarter. Corient Private Wealth LLC now owns 3,842 shares of the auto parts company’s stock worth $471,000 after buying an additional 99 shares during the last quarter. Mackenzie Financial Corp boosted its holdings in shares of Dorman Products by 6.4% in the 3rd quarter. Mackenzie Financial Corp now owns 1,740 shares of the auto parts company’s stock worth $271,000 after buying an additional 105 shares during the last quarter. Finally, Keybank National Association OH grew its position in Dorman Products by 1.5% during the first quarter. Keybank National Association OH now owns 7,101 shares of the auto parts company’s stock valued at $741,000 after buying an additional 106 shares during the period. 84.70% of the stock is currently owned by institutional investors.

Dorman Products Stock Performance

NASDAQ DORM opened at $136.48 on Friday. The company’s 50 day moving average is $125.57 and its 200-day moving average is $120.26. Dorman Products, Inc. has a 12-month low of $98.44 and a 12-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 firm has a market cap of $4.08 billion, a P/E ratio of 22.01 and a beta of 0.97.

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

Wall Street Analysts Forecast Growth

DORM has been the subject of a number of research analyst reports. Barrington Research restated an “outperform” rating and set a $150.00 price objective on shares of Dorman Products in a report on Monday, May 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of Dorman Products in a research note on Thursday, June 18th. Stephens reissued an “overweight” rating and set a $150.00 target price on shares of Dorman Products in a research report on Wednesday, March 18th. Finally, Zacks Research upgraded shares of Dorman Products from a “strong sell” rating to a “hold” rating in a research note on Friday, May 15th. Six research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average 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.