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

Bridge City Capital LLC decreased its stake in shares of Dorman Products, Inc. (NASDAQ:DORM) by 10.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 43,949 shares of the auto parts company’s stock after selling 5,060 shares during the period. Dorman Products comprises approximately 1.6% of Bridge City Capital LLC’s holdings, making the stock its 21st largest position. Bridge City Capital LLC’s holdings in Dorman Products were worth $5,414,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Kestra Advisory Services LLC bought a new position in shares of Dorman Products during the 4th quarter valued at about $48,000. CANADA LIFE ASSURANCE Co boosted its position in shares of Dorman Products by 6.7% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 24,980 shares of the auto parts company’s stock valued at $3,078,000 after purchasing an additional 1,574 shares in the last quarter. Bridgewater Associates LP boosted its position in shares of Dorman Products by 271.9% during the 4th quarter. Bridgewater Associates LP now owns 15,306 shares of the auto parts company’s stock valued at $1,886,000 after purchasing an additional 11,190 shares in the last quarter. Arkadios Wealth Advisors bought a new position in shares of Dorman Products during the 4th quarter valued at about $203,000. Finally, First Trust Advisors LP boosted its position in shares of Dorman Products by 31.0% during the 4th quarter. First Trust Advisors LP now owns 50,013 shares of the auto parts company’s stock valued at $6,161,000 after purchasing an additional 11,838 shares in the last quarter. Institutional investors own 84.70% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on DORM shares. Stephens restated an “overweight” rating and set a $150.00 price objective on shares of Dorman Products in a research report on Wednesday, March 18th. Wall Street Zen lowered shares of Dorman Products from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Wells Fargo & Company reduced their price objective on shares of Dorman Products from $150.00 to $140.00 and set an “overweight” rating for the company in a research report on Friday, February 27th. Barrington Research restated an “outperform” rating and set a $150.00 price objective 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 report on Friday, May 15th. Six investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Dorman Products presently has an average rating of “Moderate Buy” and a consensus target price of $157.00.

Dorman Products Stock Performance

Shares of DORM opened at $127.86 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 50-day moving average of $116.25 and a two-hundred day moving average of $119.86. 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 debt-to-equity ratio of 0.27, a current ratio of 3.29 and a quick ratio of 1.28.

Dorman Products (NASDAQ:DORM) last announced its earnings results on Monday, May 4th. The auto parts company reported $1.57 EPS for the quarter, topping the consensus estimate of $1.52 by $0.05. Dorman Products had a net margin of 8.84% and a return on equity of 17.73%. The company had revenue of $528.77 million during the quarter, compared to analysts’ expectations of $524.80 million. During the same period last year, the company posted $2.02 earnings per share. The business’s revenue for the quarter was up 4.2% on a year-over-year basis. 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 year.

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.