Dorman Products, Inc. $DORM Stock Sold by Leeward Investments LLC MA

Leeward Investments LLC MA cut its holdings in Dorman Products, Inc. (NASDAQ:DORM) by 24.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 111,238 shares of the auto parts company’s stock after selling 35,371 shares during the period. Leeward Investments LLC MA owned about 0.37% of Dorman Products worth $13,638,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. Allworth Financial LP acquired a new position in Dorman Products during the second quarter worth $25,000. Northwestern Mutual Wealth Management Co. acquired a new stake in Dorman Products in the 2nd quarter valued at $26,000. Public Employees Retirement System of Ohio acquired a new stake in Dorman Products in the 2nd quarter valued at $47,000. Versant Capital Management Inc increased its stake in Dorman Products by 301.5% in the 3rd quarter. Versant Capital Management Inc now owns 542 shares of the auto parts company’s stock valued at $66,000 after buying an additional 407 shares during the last quarter. Finally, GAMMA Investing LLC lifted its position in Dorman Products by 32.9% during the 3rd quarter. GAMMA Investing LLC now owns 857 shares of the auto parts company’s stock worth $105,000 after buying an additional 212 shares in the last quarter. Institutional investors own 84.70% of the company’s stock.

Insider Transactions at Dorman Products

In other Dorman Products news, CAO Gregory Bowen sold 3,531 shares of the stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $145.01, for a total value of $512,030.31. Following the completion of the sale, the chief accounting officer owned 5,340 shares in the company, valued at $774,353.40. This trade represents a 39.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 7.70% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on DORM shares. Roth Capital restated a “buy” rating on shares of Dorman Products in a research note on Wednesday, August 5th. Freedom Capital cut Dorman Products from a “strong-buy” rating to a “hold” rating in a report on Monday, August 10th. Weiss Ratings raised Dorman Products from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, October 8th. Finally, Wells Fargo & Company dropped their target price on Dorman Products from $160.00 to $150.00 and set an “overweight” rating on the stock in a report on Friday. Five analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $147.50.

Dorman Products Stock Performance

Shares of Dorman Products stock opened at $125.24 on Monday. The stock has a market cap of $3.72 billion, a P/E ratio of 17.35 and a beta of 1.02. The company has a quick ratio of 1.73, a current ratio of 3.60 and a debt-to-equity ratio of 0.29. Dorman Products, Inc. has a 12-month low of $98.44 and a 12-month high of $164.00. The business’s 50 day moving average is $125.94 and its 200-day moving average is $125.96.

Dorman Products (NASDAQ:DORM) last released its earnings results on Monday, August 3rd. The auto parts company reported $3.08 earnings per share for the quarter, beating the consensus estimate of $1.89 by $1.19. The business had revenue of $544.60 million during the quarter, compared to analysts’ expectations 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 was up .7% on a year-over-year basis. During the same period last year, the business earned $2.06 earnings per share. Dorman Products has set its FY 2026 guidance at 8.500-8.800 EPS. Equities research analysts predict that Dorman Products, Inc. will post 8.65 earnings per share for the current fiscal year.

About Dorman Products

Dorman Products, Inc develops, manufactures and distributes replacement and upgrade parts for automobiles, light-, medium- and heavy-duty trucks, and other vehicles. Its products are sold primarily through the automotive aftermarket, serving professional repair shops, retailers, distributors, e-commerce channels and do-it-yourself consumers.

The company offers a broad range of products, including engine, transmission, cooling, electrical, steering, suspension, braking, chassis and body components.