Rice Hall James & Associates LLC Takes $4.78 Million Position in Dorman Products, Inc. $DORM

Key Points

• Rice Hall James & Associates acquired 35,010 Dorman Products shares worth approximately $4.78 million, while institutional investors collectively own 84.70% of the company.
• Analysts maintain a generally positive outlook, with six Buy ratings and three Holds producing a consensus “Moderate Buy” rating and a $160.33 price target.
• Dorman reported quarterly EPS of $3.08, exceeding the $1.89 consensus estimate, though revenue of $544.6 million fell short of expectations; management guided to fiscal 2026 EPS of $8.50–$8.80.

Rice Hall James & Associates LLC purchased a new position in shares of Dorman Products, Inc. (NASDAQ:DORM - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 35,010 shares of the auto parts company's stock, valued at approximately $4,777,000. Rice Hall James & Associates LLC owned 0.12% of Dorman Products at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of DORM. Reinhart Partners LLC. acquired a new position in Dorman Products in the second quarter valued at about $93,386,000. Westfield Capital Management Co. LP acquired a new stake in shares of Dorman Products during the fourth quarter valued at about $56,940,000. Victory Capital Management Inc. increased its position in shares of Dorman Products by 4,111.8% during the fourth quarter. Victory Capital Management Inc. now owns 366,087 shares of the auto parts company's stock valued at $45,098,000 after acquiring an additional 357,395 shares during the last quarter. Norges Bank purchased a new stake in shares of Dorman Products in the 4th quarter valued at approximately $41,488,000. Finally, Bank of New York Mellon Corp purchased a new stake in shares of Dorman Products in the 2nd quarter valued at approximately $22,598,000. 84.70% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on DORM shares. Freedom Capital cut shares of Dorman Products from a "strong-buy" rating to a "hold" rating in a research report on Monday, August 10th. Zacks Research raised Dorman Products from a "strong sell" rating to a "hold" rating in a research report on Friday, May 15th. Roth Capital restated a "buy" rating on shares of Dorman Products in a research note on Wednesday, August 5th. Wells Fargo & Company raised their price target on Dorman Products from $155.00 to $160.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 5th. Finally, Barrington Research reaffirmed an "outperform" rating and issued a $150.00 price objective on shares of Dorman Products in a research note on Monday, May 4th. Six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $160.33.

Insider Activity at Dorman Products

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

Dorman Products Trading Down 2.0%

NASDAQ DORM opened at $133.70 on Tuesday. The firm has a 50 day simple moving average of $134.48 and a 200-day simple moving average of $122.43. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.73 and a current ratio of 3.60. Dorman Products, Inc. has a one year low of $98.44 and a one year high of $166.89. The firm has a market cap of $3.97 billion, a price-to-earnings ratio of 18.52 and a beta of 0.98.

Dorman Products (NASDAQ:DORM - Get Free Report) last announced its 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. The firm had revenue of $544.60 million for 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 firm's revenue for the quarter was up .7% on a year-over-year basis. During the same period in the prior year, the firm earned $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 fiscal 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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