Quantinno Capital Management LP Has $2.94 Million Stock Holdings in Dorman Products, Inc. $DORM

Quantinno Capital Management LP grew its stake in Dorman Products, Inc. (NASDAQ:DORM) by 254.3% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 28,184 shares of the auto parts company’s stock after acquiring an additional 20,229 shares during the period. Quantinno Capital Management LP owned 0.09% of Dorman Products worth $2,941,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. EverSource Wealth Advisors LLC raised its holdings in Dorman Products by 594.1% during the second quarter. EverSource Wealth Advisors LLC now owns 236 shares of the auto parts company’s stock worth $29,000 after acquiring an additional 202 shares in the last quarter. Miller Capital Partners Inc. bought a new position in Dorman Products in the fourth quarter valued at approximately $37,000. Sankala Group LLC acquired a new position in shares of Dorman Products during the 4th quarter worth approximately $47,000. Kestra Advisory Services LLC acquired a new position in shares of Dorman Products during the 4th quarter worth approximately $48,000. Finally, Kemnay Advisory Services Inc. acquired a new position in shares of Dorman Products during the 4th quarter worth approximately $60,000. Institutional investors and hedge funds own 84.70% of the company’s stock.

Wall Street Analyst Weigh In

DORM has been the subject of several recent analyst reports. Zacks Research raised Dorman Products from a “strong sell” rating to a “hold” rating in a report on Friday, May 15th. Weiss Ratings upgraded shares of Dorman Products from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, July 10th. Barrington Research reiterated an “outperform” rating and issued a $150.00 price target on shares of Dorman Products in a research note on Monday, May 4th. Roth Capital reissued a “buy” rating on shares of Dorman Products in a research report on Wednesday. Finally, Wells Fargo & Company boosted their price objective on shares of Dorman Products from $155.00 to $160.00 and gave the stock an “overweight” rating in a research note on Wednesday. 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 company has an average rating of “Moderate Buy” and an average price target of $160.33.

Dorman Products Price Performance

NASDAQ:DORM opened at $140.91 on Friday. Dorman Products, Inc. has a one year low of $98.44 and a one year high of $166.89. The company has a market cap of $4.18 billion, a P/E ratio of 19.52 and a beta of 0.98. The firm’s fifty day moving average price is $133.55 and its two-hundred day moving average price is $122.10. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.60 and a quick ratio of 1.28.

Dorman Products (NASDAQ:DORM) last announced its earnings results on Monday, August 3rd. The auto parts company reported $3.08 EPS for the quarter, topping the consensus estimate of $1.89 by $1.19. The business had revenue of $544.60 million during the quarter, compared to the consensus estimate of $582.24 million. Dorman Products had a net margin of 10.18% and a return on equity of 19.37%. Dorman Products’s revenue was up .7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.06 EPS. Dorman Products has set its FY 2026 guidance at 8.500-8.800 EPS. Equities analysts expect that Dorman Products, Inc. will post 8.65 earnings per share for the current year.

Insider Transactions at Dorman Products

In other Dorman Products news, CAO Gregory C. Bowen sold 3,531 shares of the firm’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $145.01, for a total transaction of $512,030.31. Following the completion of the sale, the chief accounting officer directly owned 5,340 shares in the company, valued at $774,353.40. This trade represents a 39.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 7.70% of the stock is owned by company insiders.

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.