Dorman Products, Inc. $DORM Shares Bought by Campbell & CO Investment Adviser LLC

Campbell & CO Investment Adviser LLC grew its stake in Dorman Products, Inc. (NASDAQ:DORM) by 62.1% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 18,174 shares of the auto parts company’s stock after purchasing an additional 6,961 shares during the quarter. Campbell & CO Investment Adviser LLC’s holdings in Dorman Products were worth $2,833,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. AQR Capital Management LLC increased its holdings 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 valued at $509,000 after buying an additional 1,148 shares during the last quarter. Integrated Wealth Concepts LLC increased its holdings in shares of Dorman Products by 14.2% in the 1st quarter. Integrated Wealth Concepts LLC now owns 3,755 shares of the auto parts company’s stock valued at $453,000 after acquiring an additional 468 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Dorman Products by 4.5% in the 1st 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 acquiring an additional 662 shares during the last quarter. Millennium Management LLC raised its position in shares of Dorman Products by 74.6% during the 1st quarter. Millennium Management LLC now owns 33,021 shares of the auto parts company’s stock valued at $3,980,000 after acquiring an additional 14,110 shares in the last quarter. Finally, United Services Automobile Association bought a new position in Dorman Products during the first quarter worth $215,000. Institutional investors own 84.70% of the company’s stock.

Insider Activity at Dorman Products

In other Dorman Products news, SVP Donna M. Long sold 812 shares of Dorman Products stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $123.75, for a total transaction of $100,485.00. Following the sale, the senior vice president owned 17,856 shares of the company’s stock, valued at $2,209,680. The trade was a 4.35% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider John Mcknight sold 2,000 shares of the business’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $128.80, for a total value of $257,600.00. Following the transaction, the insider owned 9,112 shares of the company’s stock, valued at $1,173,625.60. This trade represents a 18.00% decrease in their position. The SEC filing for this sale provides additional information. 8.90% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have commented on DORM shares. Wall Street Zen downgraded shares of Dorman Products from a “strong-buy” rating to a “buy” rating in a report on Sunday, October 26th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Dorman Products in a report on Monday, December 29th. Zacks Research downgraded shares of Dorman Products from a “strong-buy” rating to a “hold” rating in a research report on Monday, October 27th. Finally, Stephens started coverage on shares of Dorman Products in a research note on Tuesday, September 30th. They set an “overweight” rating and a $185.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $180.50.

Dorman Products Trading Down 2.1%

Shares of NASDAQ:DORM opened at $126.11 on Friday. The company has a quick ratio of 1.19, a current ratio of 2.94 and a debt-to-equity ratio of 0.28. The company’s 50-day moving average price is $128.12 and its 200 day moving average price is $138.07. The company has a market cap of $3.85 billion, a PE ratio of 15.70 and a beta of 0.91. Dorman Products, Inc. has a fifty-two week low of $106.95 and a fifty-two week high of $166.89.

Dorman Products (NASDAQ:DORM) last posted its earnings results on Monday, October 27th. The auto parts company reported $2.62 EPS for the quarter, topping the consensus estimate of $2.31 by $0.31. The firm had revenue of $543.74 million during the quarter, compared to analysts’ expectations of $548.60 million. Dorman Products had a net margin of 11.62% and a return on equity of 19.85%. Dorman Products’s quarterly revenue was up 7.9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.96 EPS. Dorman Products has set its FY 2025 guidance at 8.600-8.900 EPS. Sell-side analysts anticipate that Dorman Products, Inc. will post 6.9 earnings per share for the current year.

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.