Csenge Advisory Group Makes New Investment in Dorman Products, Inc. $DORM

Key Points

• Csenge Advisory Group purchased 16,133 shares of Dorman Products in the second quarter, valued at approximately $2.2 million, giving it a roughly 0.05% stake. Institutional investors collectively own 84.7% of the company.
• Analysts maintain a generally positive outlook, with six Buy ratings and three Holds. Dorman Products has a consensus rating of “Moderate Buy” and an average price target of $160.33.
• Dorman’s latest quarterly earnings were strong, with EPS of $3.08 versus the $1.89 estimate, although revenue of $544.6 million fell short of expectations. The company reaffirmed fiscal 2026 EPS guidance of $8.50–$8.80.

Csenge Advisory Group purchased a new stake in Dorman Products, Inc. (NASDAQ:DORM - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 16,133 shares of the auto parts company's stock, valued at approximately $2,201,000. Csenge Advisory Group owned approximately 0.05% of Dorman Products at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. Congruence Capital LLC bought a new position in Dorman Products in the fourth quarter worth approximately $1,998,000. First Eagle Investment Management LLC acquired a new stake in Dorman Products in the fourth quarter valued at approximately $9,035,000. KTF Investments LLC bought a new stake in shares of Dorman Products during the fourth quarter valued at approximately $13,681,000. Norges Bank bought a new stake in shares of Dorman Products during the fourth quarter valued at approximately $41,488,000. Finally, UBS Group AG raised its position in shares of Dorman Products by 90.1% during the fourth quarter. UBS Group AG now owns 95,609 shares of the auto parts company's stock worth $11,778,000 after purchasing an additional 45,314 shares during the period. Institutional investors and hedge funds own 84.70% of the company's stock.

Analysts Set New Price Targets

DORM has been the topic of several research reports. Wells Fargo & Company upped their price objective on shares of Dorman Products from $155.00 to $160.00 and gave the stock an "overweight" rating in a report on Wednesday, August 5th. Zacks Research upgraded shares of Dorman Products from a "strong sell" rating to a "hold" rating in a report on Friday, May 15th. Roth Capital reissued a "buy" rating on shares of Dorman Products in a research report on Wednesday, August 5th. Weiss Ratings upgraded shares of Dorman Products from a "hold (c)" rating to a "hold (c+)" rating in a report on Friday, July 10th. Finally, Barrington Research reaffirmed an "outperform" rating and issued a $150.00 price target on shares of Dorman Products in a research report on Monday, May 4th. Six equities research 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 presently has a consensus rating of "Moderate Buy" and a consensus target price of $160.33.

Insider Activity at Dorman Products

In other news, CAO Gregory C. Bowen sold 3,531 shares of the business's stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $145.01, for a total value of $512,030.31. Following the transaction, the chief accounting officer owned 5,340 shares in the company, valued at $774,353.40. The trade was a 39.80% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 7.70% of the stock is currently owned by corporate insiders.

Dorman Products Stock Performance

Shares of DORM stock opened at $134.12 on Thursday. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.60 and a quick ratio of 1.73. The firm has a 50-day moving average of $134.73 and a 200-day moving average of $122.58. 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 $3.98 billion, a P/E ratio of 18.58 and a beta of 0.98.

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