SG Americas Securities LLC Purchases 4,093 Shares of Dorman Products, Inc. $DORM

SG Americas Securities LLC increased its position in Dorman Products, Inc. (NASDAQ:DORM) by 56.4% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 11,348 shares of the auto parts company’s stock after purchasing an additional 4,093 shares during the quarter. SG Americas Securities LLC’s holdings in Dorman Products were worth $1,184,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. AQR Capital Management LLC boosted its holdings in shares of Dorman Products by 37.4% during the 1st quarter. AQR Capital Management LLC now owns 4,220 shares of the auto parts company’s stock valued at $509,000 after buying an additional 1,148 shares in the last quarter. Integrated Wealth Concepts LLC boosted its stake in 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 acquiring an additional 468 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Dorman Products by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,381 shares of the auto parts company’s stock worth $1,854,000 after purchasing an additional 662 shares during the period. Millennium Management LLC increased its stake in shares of Dorman Products by 74.6% during the first quarter. Millennium Management LLC now owns 33,021 shares of the auto parts company’s stock valued at $3,980,000 after purchasing an additional 14,110 shares in the last quarter. Finally, United Services Automobile Association purchased a new position in shares of Dorman Products during the first quarter valued at approximately $215,000. 84.70% of the stock is owned by hedge funds and other institutional investors.

Dorman Products Price Performance

NASDAQ:DORM opened at $137.65 on Friday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.28 and a current ratio of 3.29. The firm has a market cap of $4.11 billion, a P/E ratio of 22.20 and a beta of 0.97. Dorman Products, Inc. has a fifty-two week low of $98.44 and a fifty-two week high of $166.89. The firm has a 50-day simple moving average of $123.37 and a two-hundred day simple moving average of $120.00.

Dorman Products (NASDAQ:DORM) last issued its earnings results on Monday, May 4th. The auto parts company reported $1.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.52 by $0.05. Dorman Products had a net margin of 8.84% and a return on equity of 17.73%. The firm had revenue of $528.77 million for the quarter, compared to the consensus estimate of $524.80 million. During the same quarter in the prior year, the firm posted $2.02 earnings per share. The business’s revenue was up 4.2% on a year-over-year basis. Dorman Products has set its FY 2026 guidance at 8.100-8.500 EPS. Analysts predict that Dorman Products, Inc. will post 8.22 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on DORM shares. Stephens reissued an “overweight” rating and issued a $150.00 price target on shares of Dorman Products in a research report on Wednesday, March 18th. Zacks Research raised Dorman Products from a “strong sell” rating to a “hold” rating in a research report on Friday, May 15th. Weiss Ratings reiterated a “hold (c)” rating on shares of Dorman Products in a research note on Thursday, June 18th. Finally, Barrington Research reissued an “outperform” rating and issued a $150.00 target price on shares of Dorman Products in a report on Monday, May 4th. Six research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $157.00.

About Dorman Products

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.