American Capital Management Inc. Buys 40,028 Shares of Dorman Products, Inc. $DORM

American Capital Management Inc. grew its stake in Dorman Products, Inc. (NASDAQ:DORM) by 196.1% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 60,435 shares of the auto parts company’s stock after purchasing an additional 40,028 shares during the quarter. American Capital Management Inc.’s holdings in Dorman Products were worth $6,307,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of DORM. Congruence Capital LLC bought a new position in Dorman Products in the 4th quarter valued at about $1,998,000. First Eagle Investment Management LLC bought a new stake in shares of Dorman Products during the fourth quarter worth approximately $9,035,000. KTF Investments LLC acquired a new position in shares of Dorman Products in the fourth quarter valued at approximately $13,681,000. UBS Group AG increased its stake 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. Finally, Norges Bank bought a new position in shares of Dorman Products during the fourth quarter worth approximately $41,488,000. Institutional investors and hedge funds own 84.70% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently issued reports on DORM shares. Wells Fargo & Company boosted their price target on Dorman Products from $140.00 to $155.00 and gave the company an “overweight” rating in a research note on Tuesday, July 21st. Weiss Ratings raised Dorman Products from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 10th. Barrington Research reissued an “outperform” rating and issued a $150.00 target price on shares of Dorman Products in a research report on Monday, May 4th. Finally, Zacks Research upgraded shares of Dorman Products from a “strong sell” rating to a “hold” rating in a research note 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $159.50.

Dorman Products Stock Up 1.7%

NASDAQ DORM opened at $136.44 on Tuesday. 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 cap of $4.08 billion, a price-to-earnings ratio of 22.01 and a beta of 0.97. The company has a 50 day moving average of $130.18 and a 200-day moving average of $121.32. Dorman Products, Inc. has a 1-year low of $98.44 and a 1-year high of $166.89.

Dorman Products (NASDAQ:DORM) last issued its quarterly 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 business had revenue of $528.77 million for the quarter, compared to the consensus estimate of $524.80 million. During the same quarter in the prior year, the business posted $2.02 earnings per share. The firm’s quarterly revenue was up 4.2% compared to the same quarter last year. Dorman Products has set its FY 2026 guidance at 8.100-8.500 EPS. On average, equities research analysts expect that Dorman Products, Inc. will post 8.22 earnings per share 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.