Dorman Products, Inc. $DORM Shares Sold by Bridge City Capital LLC

Bridge City Capital LLC cut its stake in Dorman Products, Inc. (NASDAQ:DORM) by 10.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 43,949 shares of the auto parts company’s stock after selling 5,060 shares during the period. Dorman Products accounts for 1.6% of Bridge City Capital LLC’s portfolio, making the stock its 21st largest position. Bridge City Capital LLC owned approximately 0.14% of Dorman Products worth $5,414,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently added to or reduced their stakes in the company. Oliver Luxxe Assets LLC acquired a new stake in Dorman Products in the fourth quarter valued at $1,885,000. First Eagle Investment Management LLC acquired a new stake in Dorman Products in the fourth quarter valued at $9,035,000. First National Bank of Omaha acquired a new stake in Dorman Products in the third quarter valued at $5,099,000. Bessemer Group Inc. raised its holdings in Dorman Products by 26.5% in the fourth quarter. Bessemer Group Inc. now owns 244,273 shares of the auto parts company’s stock valued at $30,092,000 after acquiring an additional 51,103 shares in the last quarter. Finally, UBS Group AG raised its holdings in shares of Dorman Products by 90.1% during the fourth quarter. UBS Group AG now owns 95,609 shares of the auto parts company’s stock worth $11,778,000 after purchasing an additional 45,314 shares during the period. 84.70% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

DORM has been the topic of a number of research reports. Wall Street Zen cut shares of Dorman Products from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Zacks Research raised shares of Dorman Products from a “strong sell” rating to a “hold” rating in a report on Friday, May 15th. Wells Fargo & Company dropped their target price on shares of Dorman Products from $150.00 to $140.00 and set an “overweight” rating on the stock in a report on Friday, February 27th. Jefferies Financial Group raised shares of Dorman Products from a “hold” rating to a “buy” rating and dropped their price objective for the stock from $159.00 to $140.00 in a report on Monday, March 2nd. Finally, Stephens reissued an “overweight” rating and issued a $150.00 price objective on shares of Dorman Products in a report on Wednesday, March 18th. Six analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $157.00.

Dorman Products Stock Down 0.3%

Dorman Products stock opened at $127.86 on Friday. The stock has a market cap of $3.82 billion, a price-to-earnings ratio of 20.62 and a beta of 0.99. The company has a current ratio of 3.29, a quick ratio of 1.28 and a debt-to-equity ratio of 0.27. The company’s 50-day moving average price is $116.25 and its two-hundred day moving average price is $119.86. Dorman Products, Inc. has a 52 week low of $98.44 and a 52 week high of $166.89.

Dorman Products (NASDAQ:DORM) last released its earnings results on Monday, May 4th. The auto parts company reported $1.57 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 net margin of 8.84% and a return on equity of 17.73%. Dorman Products’s quarterly revenue was up 4.2% on a year-over-year basis. During the same quarter last year, the company earned $2.02 EPS. Dorman Products has set its FY 2026 guidance at 8.100-8.500 EPS. On average, analysts expect 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.