Dorman Products, Inc. $DORM Shares Purchased by UBS Group AG

UBS Group AG boosted its stake in Dorman Products, Inc. (NASDAQ:DORM) by 90.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 95,609 shares of the auto parts company’s stock after buying an additional 45,314 shares during the period. UBS Group AG’s holdings in Dorman Products were worth $11,778,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in DORM. AQR Capital Management LLC increased its position in Dorman Products by 37.4% in the first quarter. AQR Capital Management LLC now owns 4,220 shares of the auto parts company’s stock worth $509,000 after buying an additional 1,148 shares during the period. Integrated Wealth Concepts LLC increased its holdings in shares of Dorman Products by 14.2% during the first quarter. Integrated Wealth Concepts LLC now owns 3,755 shares of the auto parts company’s stock valued at $453,000 after purchasing an additional 468 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Dorman Products by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,381 shares of the auto parts company’s stock valued at $1,854,000 after purchasing an additional 662 shares during the period. Millennium Management LLC increased its holdings in shares of Dorman Products by 74.6% during the first quarter. Millennium Management LLC now owns 33,021 shares of the auto parts company’s stock valued at $3,980,000 after purchasing an additional 14,110 shares during the period. Finally, United Services Automobile Association acquired a new position in shares of Dorman Products during the first quarter valued at $215,000. 84.70% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Dorman Products news, SVP Donna M. Long sold 947 shares of the company’s stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $103.07, for a total value of $97,607.29. Following the completion of the sale, the senior vice president directly owned 20,073 shares of the company’s stock, valued at approximately $2,068,924.11. This represents a 4.51% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 7.70% of the company’s stock.

Dorman Products Price Performance

Shares of DORM opened at $116.16 on Friday. The firm has a market capitalization of $3.47 billion, a price-to-earnings ratio of 18.74 and a beta of 0.97. 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, Inc. has a one year low of $98.44 and a one year high of $166.89. The stock’s fifty day moving average is $108.97 and its 200-day moving average is $121.33.

Dorman Products (NASDAQ:DORM) last announced its earnings results 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 during the quarter, compared to analysts’ expectations of $524.80 million. During the same quarter last year, the business posted $2.02 earnings per share. The company’s quarterly 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. Equities analysts anticipate that Dorman Products, Inc. will post 8.22 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have recently commented on DORM shares. Zacks Research lowered Dorman Products from a “hold” rating to a “strong sell” rating in a report on Tuesday, March 3rd. Weiss Ratings lowered Dorman Products from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, January 30th. Barrington Research reissued an “outperform” rating and set a $150.00 price target on shares of Dorman Products in a report on Monday, May 4th. Wall Street Zen lowered Dorman Products from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Finally, Wells Fargo & Company lowered their price target on Dorman Products from $150.00 to $140.00 and set an “overweight” rating on the stock in a report on Friday, February 27th. Six research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus 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.