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

Aristides Capital LLC trimmed its position in shares of Dorman Products, Inc. (NASDAQ:DORM) by 84.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,194 shares of the auto parts company’s stock after selling 12,231 shares during the period. Aristides Capital LLC’s holdings in Dorman Products were worth $270,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. GAMMA Investing LLC lifted its stake in Dorman Products by 11.6% in the fourth quarter. GAMMA Investing LLC now owns 827 shares of the auto parts company’s stock worth $102,000 after acquiring an additional 86 shares during the last quarter. PNC Financial Services Group Inc. raised its position in shares of Dorman Products by 2.7% during the 3rd quarter. PNC Financial Services Group Inc. now owns 3,300 shares of the auto parts company’s stock worth $514,000 after acquiring an additional 88 shares in the last quarter. Jones Financial Companies Lllp raised its position in shares of Dorman Products by 26.7% during the 3rd quarter. Jones Financial Companies Lllp now owns 417 shares of the auto parts company’s stock worth $65,000 after acquiring an additional 88 shares in the last quarter. Coldstream Capital Management Inc. lifted its stake in 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 worth $420,000 after purchasing an additional 97 shares during the last quarter. Finally, Corient Private Wealth LLC lifted its stake in Dorman Products by 2.6% during 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. Institutional investors and hedge funds own 84.70% of the company’s stock.

Dorman Products Price Performance

DORM stock opened at $125.66 on Friday. 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 has a market capitalization of $3.75 billion, a P/E ratio of 20.27 and a beta of 0.99. The business has a 50 day simple moving average of $118.19 and a 200-day simple moving average of $119.52. Dorman Products, Inc. has a twelve month low of $98.44 and a twelve month high of $166.89.

Dorman Products (NASDAQ:DORM) last announced its earnings results on Monday, May 4th. The auto parts company reported $1.57 EPS for the quarter, beating analysts’ consensus estimates of $1.52 by $0.05. Dorman Products had a net margin of 8.84% and a return on equity of 17.73%. The business had revenue of $528.77 million for the quarter, compared to analysts’ expectations of $524.80 million. During the same period in the previous year, the company posted $2.02 EPS. 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. As a group, equities analysts anticipate that Dorman Products, Inc. will post 8.22 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on DORM. Zacks Research raised Dorman Products from a “strong sell” rating to a “hold” rating in a report on Friday, May 15th. Wells Fargo & Company cut their price objective 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 upgraded shares of Dorman Products from a “hold” rating to a “buy” rating and reduced their price objective for the stock from $159.00 to $140.00 in a research report on Monday, March 2nd. Stephens restated an “overweight” rating and issued a $150.00 target price on shares of Dorman Products in a report on Wednesday, March 18th. Finally, Wall Street Zen downgraded shares of Dorman Products from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Six analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price 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.