Aurora Investment Counsel Takes $2.67 Million Position in Dorman Products, Inc. $DORM

Aurora Investment Counsel purchased a new stake in Dorman Products, Inc. (NASDAQ:DORM) in the first quarter, Holdings Channel.com reports. The firm purchased 25,612 shares of the auto parts company’s stock, valued at approximately $2,673,000. Dorman Products makes up about 1.5% of Aurora Investment Counsel’s investment portfolio, making the stock its 11th biggest position.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. Oliver Luxxe Assets LLC bought a new position in Dorman Products in the fourth quarter valued at about $1,885,000. Congruence Capital LLC bought a new stake in Dorman Products during the 4th quarter worth about $1,998,000. First Eagle Investment Management LLC bought a new stake in Dorman Products during the 4th quarter worth about $9,035,000. KTF Investments LLC acquired a new position in Dorman Products during the 4th quarter valued at about $13,681,000. Finally, UBS Group AG boosted its stake in shares of Dorman Products by 90.1% in the 4th quarter. UBS Group AG now owns 95,609 shares of the auto parts company’s stock valued at $11,778,000 after purchasing an additional 45,314 shares during the last quarter. Institutional investors and hedge funds own 84.70% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on DORM shares. Weiss Ratings upgraded shares of Dorman Products from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 10th. Barrington Research reiterated an “outperform” rating and set a $150.00 target price on shares of Dorman Products in a research report 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 issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $157.00.

Dorman Products Trading Down 1.5%

DORM opened at $141.97 on Friday. The stock has a market capitalization of $4.24 billion, a P/E ratio of 22.90 and a beta of 0.97. Dorman Products, Inc. has a 12 month low of $98.44 and a 12 month high of $166.89. The firm’s fifty day simple moving average is $128.09 and its 200 day simple moving average is $120.89. The company has a current ratio of 3.29, a quick ratio of 1.28 and a debt-to-equity ratio of 0.27.

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