2 weeks Ago By Defense World Staff
Sei Investments Co. lifted its position in Dorman Products, Inc. ( NASDAQ:DORM – Free Report ) by 88.
2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 20,887 shares of the auto parts company’s stock after purchasing an additional 9,788 shares during the quarter. Sei Investments Co.
owned approximately 0.07% of Dorman Products worth $2,708,000 at the end of the most recent quarter. Other institutional investors also recently added to or reduced their stakes in the company.
Flagship Harbor Advisors LLC acquired a new position in Dorman Products during the 4th quarter worth approximately $287,000. Charles Schwab Investment Management Inc. boosted its stake in shares of Dorman Products by 1.
2% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 354,717 shares of the auto parts company’s stock valued at $45,954,000 after buying an additional 4,102 shares in the last quarter.
Empowered Funds LLC acquired a new position in Dorman Products during the fourth quarter worth $387,000. HighTower Advisors LLC raised its position in Dorman Products by 431.9% in the third quarter.
HighTower Advisors LLC now owns 13,850 shares of the auto parts company’s stock worth $1,563,000 after acquiring an additional 11,246 shares in the last quarter. Finally, Ruffer LLP acquired a new stake in Dorman Products in the fourth quarter valued at $4,314,000. Institutional investors and hedge funds own 84.
70% of the company’s stock. Wall Street Analyst Weigh In 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.
Insider Activity In related news, SVP Donna M. Long sold 742 shares of Dorman Products stock in a transaction dated Thursday, March 6th. The shares were sold at an average price of $130.
38, for a total value of $96,741.96. Following the sale, the senior vice president now directly 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 document filed with the SEC, which is available through this hyperlink . Also, Director Steven L. Berman sold 9,238 shares of the business’s stock in a transaction that occurred on Monday, January 27th.
The stock was sold at an average price of $132.73, for a total value of $1,226,159.74.
Following the transaction, the director now owns 788,688 shares of the company’s stock, valued at approximately $104,682,558.24. This represents a 1.
16 % decrease in their ownership of the stock. The disclosure for this sale can be found here . In the last ninety days, insiders sold 30,842 shares of company stock worth $4,048,449.
10.00% of the stock is currently owned by insiders. Dorman Products Price Performance Shares of Dorman Products stock opened at $115.
85 on Friday. The business’s fifty day moving average price is $126.81 and its 200 day moving average price is $126.
82. Dorman Products, Inc. has a twelve month low of $86.
61 and a twelve month high of $146.60. The company has a current ratio of 2.
34, a quick ratio of 1.16 and a debt-to-equity ratio of 0.37.
The stock has a market capitalization of $3.54 billion, a P/E ratio of 19.37 and a beta of 0.
84. Dorman Products ( NASDAQ:DORM – Get Free Report ) last issued its quarterly earnings data on Wednesday, February 26th. The auto parts company reported $2.
20 EPS for the quarter, topping analysts’ consensus estimates of $1.99 by $0.21.
Dorman Products had a return on equity of 16.95% and a net margin of 9.43%.
The company had revenue of $533.77 million for the quarter, compared to analysts’ expectations of $523.95 million.
As a group, research analysts anticipate that Dorman Products, Inc. will post 6.9 earnings per share for the current year.
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. Further Reading Five stocks we like better than Dorman Products What is Forex and How Does it Work? Archer Aviation’s Africa Deal Could Boost ACHR Stock What Are Dividend Achievers? An Introduction Are Short Sellers Wrong About These 3 Semiconductor Stocks? Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index Boeing Gets $50B in March Orders—Is BA Stock a Buy Now? 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. ( NASDAQ:DORM – Free Report ). Receive News & Ratings for Dorman Products Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Dorman Products and related companies with MarketBeat.
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