Louisiana State Employees Retirement System Acquires New Position in Dorman Products, Inc. $DORM

Louisiana State Employees Retirement System bought a new position in shares of Dorman Products, Inc. (NASDAQ:DORMFree Report) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 12,300 shares of the auto parts company’s stock, valued at approximately $1,284,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Oliver Luxxe Assets LLC purchased a new stake in Dorman Products in the 4th quarter valued at about $1,885,000. First Eagle Investment Management LLC acquired a new position in shares of Dorman Products during the 4th quarter valued at about $9,035,000. Congruence Capital LLC purchased a new position in shares of Dorman Products during the 4th quarter worth about $1,998,000. UBS Group AG lifted its holdings in shares of Dorman Products by 90.1% during the 4th quarter. UBS Group AG now owns 95,609 shares of the auto parts company’s stock worth $11,778,000 after acquiring an additional 45,314 shares during the period. Finally, KTF Investments LLC acquired a new stake in shares of Dorman Products in the fourth quarter worth approximately $13,681,000. 84.70% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

DORM has been the subject of a number of recent analyst reports. 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 reaffirmed a “hold (c)” rating on shares of Dorman Products in a research note on Thursday, June 18th. Stephens reiterated an “overweight” rating and issued a $150.00 price target on shares of Dorman Products in a report on Wednesday, March 18th. Finally, Zacks Research raised shares of Dorman Products from a “strong sell” rating to a “hold” rating in a research note on Friday, May 15th. Six investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $157.00.

Check Out Our Latest Analysis on DORM

Dorman Products Stock Performance

Dorman Products stock opened at $137.65 on Friday. The stock’s 50-day moving average is $123.37 and its 200-day moving average is $120.00. The company has a market cap of $4.11 billion, a price-to-earnings ratio of 22.20 and a beta of 0.97. 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 12 month low of $98.44 and a 12 month high of $166.89.

Dorman Products (NASDAQ:DORMGet Free Report) last released its quarterly earnings data 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. Dorman Products had a return on equity of 17.73% and a net margin of 8.84%.The business had revenue of $528.77 million for the quarter, compared to analyst estimates of $524.80 million. During the same period in the previous year, the company posted $2.02 EPS. The company’s revenue 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. Equities analysts anticipate that Dorman Products, Inc. will post 8.22 earnings per share for the current year.

Dorman Products Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Dorman Products (NASDAQ:DORM)

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