First National Bank of Omaha Invests $4.85 Million in Dorman Products, Inc. $DORM

First National Bank of Omaha purchased a new position in Dorman Products, Inc. (NASDAQ:DORM) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 35,529 shares of the auto parts company’s stock, valued at approximately $4,848,000. First National Bank of Omaha owned 0.12% of Dorman Products at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. BlackRock Inc. purchased a new stake in Dorman Products in the 2nd quarter valued at about $556,542,000. Dimensional Fund Advisors LP increased its position in shares of Dorman Products by 4.9% during the first quarter. Dimensional Fund Advisors LP now owns 1,099,352 shares of the auto parts company’s stock worth $114,725,000 after acquiring an additional 51,653 shares during the period. State Street Corp raised its stake in shares of Dorman Products by 0.7% during the fourth quarter. State Street Corp now owns 1,061,708 shares of the auto parts company’s stock valued at $130,792,000 after acquiring an additional 7,846 shares in the last quarter. Jennison Associates LLC boosted its holdings in shares of Dorman Products by 1.5% in the first quarter. Jennison Associates LLC now owns 826,285 shares of the auto parts company’s stock valued at $86,231,000 after purchasing an additional 12,504 shares during the period. Finally, Geode Capital Management LLC boosted its holdings in shares of Dorman Products by 3.8% in the fourth quarter. Geode Capital Management LLC now owns 713,255 shares of the auto parts company’s stock valued at $87,880,000 after purchasing an additional 26,229 shares during the period. Institutional investors own 84.70% of the company’s stock.

Insiders Place Their Bets

In related news, CAO Gregory C. Bowen sold 3,531 shares of the firm’s stock in a transaction dated 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 $774,353.40. This trade represents a 39.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 7.70% of the stock is currently owned by insiders.

Dorman Products Stock Performance

Shares of NASDAQ:DORM opened at $132.82 on Wednesday. The company has a market capitalization of $3.94 billion, a price-to-earnings ratio of 18.40 and a beta of 0.98. Dorman Products, Inc. has a 52 week low of $98.44 and a 52 week high of $166.89. The company has a quick ratio of 1.73, a current ratio of 3.60 and a debt-to-equity ratio of 0.29. The firm has a 50 day moving average of $134.58 and a 200 day moving average of $122.51.

Dorman Products (NASDAQ:DORM) last posted its earnings results on Monday, August 3rd. The auto parts company reported $3.08 earnings per share for the quarter, topping analysts’ consensus estimates of $1.89 by $1.19. Dorman Products had a return on equity of 19.37% and a net margin of 10.18%.The company had revenue of $544.60 million during the quarter, compared to analyst estimates of $582.24 million. During the same quarter in the prior year, the business earned $2.06 earnings per share. Dorman Products’s revenue was up .7% on a year-over-year basis. Dorman Products has set its FY 2026 guidance at 8.500-8.800 EPS. On average, sell-side analysts predict that Dorman Products, Inc. will post 8.65 earnings per share for the current fiscal year.

Analyst Ratings Changes

DORM has been the topic of several research reports. Wells Fargo & Company raised their price objective on 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 Dorman Products from a “strong sell” rating to a “hold” rating in a report on Friday, May 15th. Freedom Capital downgraded Dorman Products from a “strong-buy” rating to a “hold” rating in a research report on Monday, August 10th. Weiss Ratings upgraded Dorman Products from a “hold (c)” rating to a “hold (c+)” rating in a research note on Friday, July 10th. Finally, Roth Capital restated a “buy” rating on shares of Dorman Products in a report on Wednesday, August 5th. Six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat, Dorman Products currently has an average rating of “Moderate Buy” and an average price target of $160.33.

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.