1 week Ago By Defense World Staff
JPMorgan Chase & Co. increased its holdings in Dorman Products, Inc. ( NASDAQ:DORM – Free Report ) by 47.
3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 196,415 shares of the auto parts company’s stock after buying an additional 63,074 shares during the period. JPMorgan Chase & Co.
owned 0.64% of Dorman Products worth $25,446,000 as of its most recent filing with the Securities and Exchange Commission. Other institutional investors have also made changes to their positions in the company.
Westside Investment Management Inc. acquired a new position in Dorman Products in the 3rd quarter valued at $29,000. Jones Financial Companies Lllp lifted its position in Dorman Products by 518.
4% during the fourth quarter. Jones Financial Companies Lllp now owns 235 shares of the auto parts company’s stock worth $30,000 after purchasing an additional 197 shares during the period. Quent Capital LLC acquired a new stake in Dorman Products during the fourth quarter worth about $31,000.
Newbridge Financial Services Group Inc. bought a new position in Dorman Products in the 4th quarter valued at about $42,000. Finally, Blue Trust Inc.
raised its position in shares of Dorman Products by 1,581.0% in the 4th quarter. Blue Trust Inc.
now owns 353 shares of the auto parts company’s stock valued at $46,000 after buying an additional 332 shares in the last quarter. 84.70% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth Separately, StockNews.com cut shares of Dorman Products from a “strong-buy” rating to a “buy” rating in a research note on Friday, March 14th. Dorman Products Price Performance Shares of DORM stock opened at $112.
76 on Wednesday. Dorman Products, Inc. has a twelve month low of $86.
61 and a twelve month high of $146.60. The company has a quick ratio of 1.
16, a current ratio of 2.34 and a debt-to-equity ratio of 0.37.
The business has a fifty day simple moving average of $125.63 and a 200 day simple moving average of $126.83.
The company has a market cap of $3.45 billion, a P/E ratio of 18.86 and a beta of 0.
87. Dorman Products ( NASDAQ:DORM – Get Free Report ) last posted its quarterly earnings results on Wednesday, February 26th. The auto parts company reported $2.
20 earnings per share for the quarter, beating analysts’ consensus estimates of $1.99 by $0.21.
The company had revenue of $533.77 million for the quarter, compared to the consensus estimate of $523.95 million.
Dorman Products had a net margin of 9.43% and a return on equity of 16.95%.
On average, sell-side analysts forecast that Dorman Products, Inc. will post 6.9 EPS for the current fiscal year.
Insider Buying and Selling at Dorman Products In related news, SVP Donna M. Long sold 742 shares of the firm’s stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of $130.
38, for a total value of $96,741.96. Following the completion of the transaction, the senior vice president now owns 19,894 shares in the company, valued at $2,593,779.
72. This trade represents a 3.60 % decrease in their position.
The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink . Also, Director Steven L. Berman sold 285 shares of Dorman Products stock in a transaction that occurred on Friday, January 10th.
The stock was sold at an average price of $123.50, for a total transaction of $35,197.50.
Following the sale, the director now owns 833,527 shares in the company, valued at approximately $102,940,584.50. This represents a 0.
03 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders have sold 30,842 shares of company stock worth $4,048,449 over the last quarter.
Corporate insiders own 10.00% of the company’s stock. Dorman Products Profile ( Free Report ) Dorman Products, Inc supplies replacement and upgrade parts for passenger cars, light trucks, medium- and heavy-duty trucks, utility terrain vehicles, and all-terrain vehicles in the motor vehicle aftermarket industry in the United States and internationally.
It offers engine products, including intake and exhaust manifolds, fans, thermostat housings, and throttle bodies; undercar products comprising fluid lines, fluid reservoirs, connectors, 4-wheel drive components and axles, drain plugs, other engine, and transmission and axle components; steering and suspension products consist of control arms, ball joints, tie-rod ends, brake hardware and hydraulics, wheel and axle hardware, suspension arms, knuckles, links, bushings, and leaf springs, as well as other suspension, steering, and brake components; body products, such as door handles and hinges, window lift motors, window regulators, switches and handles, wiper components, lighting, electrical, and other interior and exterior vehicle body components, including windshields for UTVs; electronics products comprise new and remanufactured modules, clusters and sensors; and hardware products, such as threaded bolts and auto body fasteners, automotive and home electrical wiring components, and other hardware assortments and merchandise. See Also Five stocks we like better than Dorman Products What Are Treasury Bonds? Tariff-Proof Stocks: 3 Big Bargains With Huge Upside Potential Investing In Automotive Stocks Qualcomm Breaks Down But RSI Signals It’s Severely Oversold Learn Technical Analysis Skills to Master the Stock Market Tesla’s #1 Bull Cuts Target But Says It’s Still a Buy Want to see what other hedge funds are holding DORM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Dorman Products, Inc.
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