23,165 Shares in Dorman Products, Inc. $DORM Purchased by Aurora Investment Counsel

Key Points

• Aurora Investment Counsel acquired 23,165 shares of Dorman Products worth approximately $3.16 million, making the stock its second-largest holding and representing about 0.08% of Dorman’s shares. Institutional investors collectively own 84.7% of the company.
• Analyst sentiment remains favorable, with six Buy ratings and three Holds producing a “Moderate Buy” consensus and an average price target of $160.33, above the reported share price of $134.12.
• Dorman Products reported quarterly EPS of $3.08, exceeding estimates of $1.89, while revenue reached $544.6 million and rose 0.7% year over year. Separately, the company’s chief accounting officer sold 3,531 shares at an average price of $145.01.

Aurora Investment Counsel acquired a new stake in Dorman Products, Inc. (NASDAQ:DORM - Free Report) during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 23,165 shares of the auto parts company's stock, valued at approximately $3,161,000. Dorman Products accounts for about 1.6% of Aurora Investment Counsel's holdings, making the stock its 2nd largest position. Aurora Investment Counsel owned approximately 0.08% of Dorman Products at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. 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 in the last quarter. Corient Private Wealth LLC grew its position in Dorman Products by 2.6% in the 2nd quarter. Corient Private Wealth LLC now owns 3,842 shares of the auto parts company's stock valued at $471,000 after acquiring an additional 99 shares in the last quarter. Mackenzie Financial Corp grew its position in Dorman Products by 6.4% in the 3rd quarter. Mackenzie Financial Corp now owns 1,740 shares of the auto parts company's stock valued at $271,000 after acquiring an additional 105 shares in the last quarter. Keybank National Association OH increased its stake in Dorman Products by 1.5% during the first quarter. Keybank National Association OH now owns 7,101 shares of the auto parts company's stock worth $741,000 after purchasing an additional 106 shares during the period. Finally, Huntington National Bank increased its stake in Dorman Products by 12.8% during the fourth quarter. Huntington National Bank now owns 981 shares of the auto parts company's stock worth $121,000 after purchasing an additional 111 shares during the period. Institutional investors and hedge funds own 84.70% of the company's stock.

Analyst Upgrades and Downgrades

DORM has been the topic of several recent research reports. Roth Capital reaffirmed a "buy" rating on shares of Dorman Products in a research note on Wednesday, August 5th. Freedom Capital cut shares of Dorman Products from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 10th. Wells Fargo & Company boosted their price target on shares of Dorman Products from $155.00 to $160.00 and gave the stock an "overweight" rating in a research note on Wednesday, August 5th. Barrington Research reaffirmed 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 Dorman Products from a "strong sell" rating to a "hold" rating in a research note on Friday, May 15th. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $160.33.

Insider Transactions at Dorman Products

In other news, CAO Gregory C. Bowen sold 3,531 shares of the company's stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $145.01, for a total transaction of $512,030.31. Following the completion of the transaction, the chief accounting officer directly owned 5,340 shares of the company's stock, valued at approximately $774,353.40. This represents a 39.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 7.70% of the stock is owned by company insiders.

Dorman Products Trading Up 1.0%

Shares of NASDAQ:DORM opened at $134.12 on Thursday. Dorman Products, Inc. has a 52 week low of $98.44 and a 52 week high of $166.89. The company's 50 day moving average is $134.73 and its two-hundred day moving average is $122.58. The company has a current ratio of 3.60, a quick ratio of 1.73 and a debt-to-equity ratio of 0.29. The company has a market cap of $3.98 billion, a PE ratio of 18.58 and a beta of 0.98.

Dorman Products (NASDAQ:DORM - Get Free Report) last announced its quarterly earnings data on Monday, August 3rd. The auto parts company reported $3.08 earnings per share for the quarter, beating analysts' consensus estimates of $1.89 by $1.19. The business had revenue of $544.60 million for the quarter, compared to analyst estimates of $582.24 million. Dorman Products had a net margin of 10.18% and a return on equity of 19.37%. The company's revenue was up .7% on a year-over-year basis. During the same period last year, the business earned $2.06 EPS. Dorman Products has set its FY 2026 guidance at 8.500-8.800 EPS. Equities analysts predict that Dorman Products, Inc. will post 8.65 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.

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