Algert Global LLC Has $22.56 Million Holdings in Dorman Products, Inc. $DORM

Key Points

• Algert Global LLC trimmed its stake in Dorman Products by 10.1% in Q3, now holding 144,732 shares valued at $22.56 million (about 0.47% of the company and its 26th largest position).
• Dorman reported $2.17 EPS for the quarter (beat by $0.02) but missed revenue expectations, set FY2026 guidance of $8.10–$8.50 EPS, and carries a consensus analyst rating of Moderate Buy with a $162.83 price target amid mixed broker views.
• Insider SVP Donna M. Long sold 812 shares (now owns 17,856 shares) and insiders hold about 8.9% of the stock, while institutional investors own roughly 84.7%.

Algert Global LLC lessened its position in shares of Dorman Products, Inc. (NASDAQ:DORM - Free Report) by 10.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 144,732 shares of the auto parts company's stock after selling 16,247 shares during the period. Dorman Products comprises 0.4% of Algert Global LLC's holdings, making the stock its 26th largest position. Algert Global LLC owned approximately 0.47% of Dorman Products worth $22,561,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. AQR Capital Management LLC lifted its holdings in shares of Dorman Products by 37.4% in the first quarter. AQR Capital Management LLC now owns 4,220 shares of the auto parts company's stock valued at $509,000 after purchasing an additional 1,148 shares in the last quarter. Integrated Wealth Concepts LLC grew its holdings in shares of Dorman Products by 14.2% during the first quarter. Integrated Wealth Concepts LLC now owns 3,755 shares of the auto parts company's stock worth $453,000 after buying an additional 468 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Dorman Products by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,381 shares of the auto parts company's stock valued at $1,854,000 after buying an additional 662 shares during the last quarter. Millennium Management LLC lifted its stake in Dorman Products by 74.6% in the 1st quarter. Millennium Management LLC now owns 33,021 shares of the auto parts company's stock valued at $3,980,000 after acquiring an additional 14,110 shares in the last quarter. Finally, United Services Automobile Association bought a new stake in Dorman Products in the 1st quarter valued at approximately $215,000. Institutional investors and hedge funds own 84.70% of the company's stock.

Insider Activity

In other news, SVP Donna M. Long sold 812 shares of Dorman Products stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $123.75, for a total transaction of $100,485.00. Following the completion of the transaction, the senior vice president directly owned 17,856 shares in the company, valued at approximately $2,209,680. The trade was a 4.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 8.90% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on DORM. Barrington Research reaffirmed an "outperform" rating and set a $150.00 price target on shares of Dorman Products in a research note on Thursday, March 5th. Wall Street Zen cut shares of Dorman Products from a "buy" rating to a "hold" rating in a report on Saturday, February 28th. Zacks Research downgraded shares of Dorman Products from a "hold" rating to a "strong sell" rating in a research report on Tuesday, March 3rd. Wells Fargo & Company lowered their price target on shares of Dorman Products from $150.00 to $140.00 and set an "overweight" rating on the stock in a research note on Friday, February 27th. Finally, 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 note on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Dorman Products has a consensus rating of "Moderate Buy" and a consensus price target of $162.83.

Dorman Products Stock Performance

Shares of DORM stock opened at $102.81 on Friday. The company has a fifty day moving average price of $123.05 and a two-hundred day moving average price of $134.83. Dorman Products, Inc. has a one year low of $101.03 and a one year high of $166.89. The stock has a market cap of $3.10 billion, a P/E ratio of 15.48 and a beta of 0.92. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.09 and a quick ratio of 1.14.

Dorman Products (NASDAQ:DORM - Get Free Report) last released its quarterly earnings data on Wednesday, February 25th. The auto parts company reported $2.17 earnings per share for the quarter, topping the consensus estimate of $2.15 by $0.02. Dorman Products had a net margin of 9.59% and a return on equity of 19.15%. The company had revenue of $537.93 million for the quarter, compared to analyst estimates of $573.38 million. During the same period in the previous year, the business earned $2.20 EPS. Dorman Products's revenue for the quarter was up .8% compared to the same quarter last year. Dorman Products has set its FY 2026 guidance at 8.100-8.50 EPS. As a group, equities analysts predict that Dorman Products, Inc. will post 6.9 EPS for the current year.

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.

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