Corient Private Wealth LP Has $4.65 Million Stock Holdings in Dorman Products, Inc. $DORM

Key Points

• Corient Private Wealth increased its Dorman Products stake by 39.9% in the second quarter, holding 34,075 shares worth approximately $4.65 million. Institutional investors and hedge funds collectively own 84.7% of the company.
• Analyst sentiment remains positive, with five Buy ratings and three Holds producing a consensus “Moderate Buy” rating and an average price target of $150, compared with the stock’s reported price of $122.44.
• Dorman Products reported quarterly EPS of $3.08, beating estimates of $1.89, while revenue reached $544.6 million, below the $582.2 million consensus estimate. The company maintained fiscal 2026 EPS guidance of $8.50–$8.80.

Corient Private Wealth LP increased its position in Dorman Products, Inc. (NASDAQ:DORM - Free Report) by 39.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 34,075 shares of the auto parts company's stock after buying an additional 9,714 shares during the quarter. Corient Private Wealth LP owned 0.11% of Dorman Products worth $4,650,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also added to or reduced their stakes in the company. BlackRock Inc. acquired a new position in Dorman Products in the 2nd quarter valued at approximately $556,542,000. Dimensional Fund Advisors LP grew its stake in shares of Dorman Products by 4.9% in the first quarter. Dimensional Fund Advisors LP now owns 1,099,352 shares of the auto parts company's stock worth $114,725,000 after purchasing an additional 51,653 shares during the last quarter. Jennison Associates LLC increased its holdings in Dorman Products by 1.5% in the first quarter. Jennison Associates LLC now owns 826,285 shares of the auto parts company's stock valued at $86,231,000 after purchasing an additional 12,504 shares during the period. Geode Capital Management LLC increased its holdings in Dorman Products by 3.8% in the fourth quarter. Geode Capital Management LLC now owns 713,255 shares of the auto parts company's stock valued at $87,880,000 after purchasing an additional 26,229 shares during the period. Finally, Reinhart Partners LLC. bought a new position in Dorman Products during the 2nd quarter worth $93,386,000. 84.70% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research firms have commented on DORM. Wells Fargo & Company upped their price target on Dorman Products from $155.00 to $160.00 and gave the company an "overweight" rating in a research report on Wednesday, August 5th. Freedom Capital downgraded Dorman Products from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 10th. Roth Capital reaffirmed a "buy" rating on shares of Dorman Products in a research note on Wednesday, August 5th. Finally, Weiss Ratings cut Dorman Products from a "hold (c+)" rating to a "hold (c)" rating in a report on Wednesday. Five equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $150.00.

Insider Buying and Selling at Dorman Products

In other news, CAO Gregory Bowen sold 3,531 shares of the stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $145.01, for a total transaction of $512,030.31. Following the transaction, the chief accounting officer owned 5,340 shares of the company's stock, valued at $774,353.40. This represents a 39.80% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 7.70% of the company's stock.

Dorman Products Stock Down 0.6%

Shares of Dorman Products stock opened at $122.44 on Friday. The stock's 50-day moving average is $133.01 and its 200 day moving average is $122.78. Dorman Products, Inc. has a one year low of $98.44 and a one year high of $164.00. The firm has a market cap of $3.63 billion, a price-to-earnings ratio of 16.96 and a beta of 0.99. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.60 and a quick ratio of 1.73.

Dorman Products (NASDAQ:DORM - Get Free Report) last announced its quarterly earnings data 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 company 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%. The company's quarterly revenue was up .7% on a year-over-year basis. During the same quarter last year, the firm posted $2.06 EPS. Dorman Products has set its FY 2026 guidance at 8.500-8.800 EPS. Equities research analysts anticipate that Dorman Products, Inc. will post 8.65 EPS for the current year.

Dorman Products Company Profile

Dorman Products, Inc is an automotive parts supplier that designs, manufactures, packages and distributes replacement components for the automotive aftermarket. The company serves vehicle owners, professional repair shops and distributors with parts intended to restore or improve the performance of cars, trucks and other vehicles.

Its product portfolio includes components for vehicle chassis, suspension, steering, brakes, drivetrain, powertrain, electrical systems, heating and air conditioning, body hardware and engine systems.

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