Dorman Products, Inc. $DORM Stock Holdings Lessened by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL reduced its holdings in Dorman Products, Inc. (NASDAQ:DORM – Free Report) by 93.3% during the third quarter, HoldingsChannel reports. The institutional investor owned 1,492 shares of the auto parts company’s stock after selling 20,906 shares during the period. Tudor Investment Corp ET AL’s holdings in Dorman Products were worth $233,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of DORM. Private Trust Co. NA lifted its position in shares of Dorman Products by 101.2% in the 3rd quarter. Private Trust Co. NA now owns 165 shares of the auto parts company’s stock worth $26,000 after buying an additional 83 shares during the last quarter. Salem Investment Counselors Inc. bought a new position in shares of Dorman Products in the 3rd quarter worth about $27,000. Salomon & Ludwin LLC bought a new position in shares of Dorman Products in the 3rd quarter worth about $29,000. EverSource Wealth Advisors LLC lifted its position in shares of Dorman Products by 594.1% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 236 shares of the auto parts company’s stock worth $29,000 after buying an additional 202 shares during the last quarter. Finally, Richardson Financial Services Inc. lifted its position in shares of Dorman Products by 134.6% in the 3rd quarter. Richardson Financial Services Inc. now owns 244 shares of the auto parts company’s stock worth $38,000 after buying an additional 140 shares during the last quarter. 84.70% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have recently issued reports on DORM shares. Barrington Research restated an “outperform” rating and issued a $150.00 price target on shares of Dorman Products in a research report on Thursday, March 5th. Stephens restated an “overweight” rating and issued a $150.00 price target on shares of Dorman Products in a research report on Wednesday, March 18th. Wall Street Zen downgraded shares of Dorman Products from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Zacks Research downgraded shares of Dorman Products from a “hold” rating to a “strong sell” rating in a research report on Tuesday, March 3rd. Finally, Jefferies Financial Group upgraded shares of Dorman Products from a “hold” rating to a “buy” rating and reduced their price target for the stock from $159.00 to $140.00 in a research report on Monday, March 2nd. Six research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $157.00.

Read Our Latest Stock Analysis on Dorman Products

Dorman Products Trading Down 0.5%

Shares of NASDAQ:DORM opened at $106.21 on Friday. The company has a market cap of $3.20 billion, a PE ratio of 16.00 and a beta of 0.96. The company’s 50-day moving average price is $112.87 and its 200 day moving average price is $125.82. Dorman Products, Inc. has a fifty-two week low of $98.44 and a fifty-two week high of $166.89. The company has a quick ratio of 1.14, a current ratio of 3.09 and a debt-to-equity ratio of 0.27.

Dorman Products (NASDAQ:DORM – Get Free Report) last issued its quarterly earnings data on Wednesday, February 25th. The auto parts company reported $2.17 earnings per share for the quarter, beating the consensus estimate of $2.15 by $0.02. The firm had revenue of $537.93 million for the quarter, compared to the consensus estimate of $573.38 million. Dorman Products had a net margin of 9.59% and a return on equity of 19.15%. Dorman Products’s quarterly revenue was up .8% compared to the same quarter last year. During the same period last year, the firm posted $2.20 EPS. Dorman Products has set its FY 2026 guidance at 8.100-8.50 EPS. Sell-side analysts anticipate that Dorman Products, Inc. will post 6.9 earnings per share for the current year.

Insiders Place Their Bets

In related news, SVP Donna M. Long sold 947 shares of Dorman Products stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $103.07, for a total value of $97,607.29. Following the sale, the senior vice president directly owned 20,073 shares in the company, valued at $2,068,924.11. This trade represents a 4.51% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 8.90% of the stock is currently owned by corporate insiders.

Dorman Products Profile

(Free Report)

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.

Further Reading

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