SG Americas Securities LLC Buys 4,093 Shares of Dorman Products, Inc. $DORM

SG Americas Securities LLC boosted its stake in shares of Dorman Products, Inc. (NASDAQ:DORM) by 56.4% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 11,348 shares of the auto parts company’s stock after acquiring an additional 4,093 shares during the quarter. SG Americas Securities LLC’s holdings in Dorman Products were worth $1,184,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of DORM. GAMMA Investing LLC lifted its position in Dorman Products by 11.6% in the fourth 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 last quarter. Coldstream Capital Management Inc. boosted its stake in shares of Dorman Products by 3.7% during the third quarter. Coldstream Capital Management Inc. now owns 2,696 shares of the auto parts company’s stock valued at $420,000 after purchasing an additional 97 shares during the period. Corient Private Wealth LLC grew its holdings in shares of Dorman Products by 2.6% in the second quarter. Corient Private Wealth LLC now owns 3,842 shares of the auto parts company’s stock worth $471,000 after purchasing an additional 99 shares during the last quarter. Mackenzie Financial Corp grew its holdings in shares of Dorman Products by 6.4% in the third quarter. Mackenzie Financial Corp now owns 1,740 shares of the auto parts company’s stock worth $271,000 after purchasing an additional 105 shares during the last quarter. Finally, Huntington National Bank grew its holdings in shares of Dorman Products by 12.8% in the fourth quarter. Huntington National Bank now owns 981 shares of the auto parts company’s stock worth $121,000 after purchasing an additional 111 shares during the last quarter. 84.70% of the stock is currently owned by institutional investors.

Dorman Products Stock Performance

NASDAQ DORM opened at $137.65 on Friday. The stock has a market cap of $4.11 billion, a P/E ratio of 22.20 and a beta of 0.97. Dorman Products, Inc. has a fifty-two week low of $98.44 and a fifty-two week high of $166.89. The stock has a 50 day simple moving average of $123.37 and a two-hundred day simple moving average of $120.00. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.28 and a current ratio of 3.29.

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

Analyst Ratings Changes

A number of research firms recently commented on DORM. Stephens reiterated an “overweight” rating and set a $150.00 price target on shares of Dorman Products in a report on Wednesday, March 18th. Zacks Research raised shares of Dorman Products from a “strong sell” rating to a “hold” rating in a report on Friday, May 15th. Barrington Research reissued an “outperform” rating and issued a $150.00 price target on shares of Dorman Products in a report on Monday, May 4th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Dorman Products in a research report on Thursday, June 18th. Six 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, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $157.00.

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.