380 Shares in Dorman Products, Inc. (NASDAQ:DORM) Acquired by TD Private Client Wealth LLC

TD Private Client Wealth LLC bought a new stake in Dorman Products, Inc. (NASDAQ:DORM) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 380 shares of the auto parts company’s stock, valued at approximately $49,000.

Several other large investors also recently added to or reduced their stakes in DORM. State Street Corp lifted its stake in shares of Dorman Products by 8.6% in the 3rd quarter. State Street Corp now owns 1,108,327 shares of the auto parts company’s stock valued at $125,374,000 after purchasing an additional 87,780 shares during the last quarter. GW&K Investment Management LLC lifted its position in shares of Dorman Products by 1.5% in the fourth quarter. GW&K Investment Management LLC now owns 597,000 shares of the auto parts company’s stock worth $77,341,000 after buying an additional 8,830 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position 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 worth $45,954,000 after buying an additional 4,102 shares during the last quarter. ArrowMark Colorado Holdings LLC boosted its stake in shares of Dorman Products by 33.1% during the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 153,688 shares of the auto parts company’s stock worth $17,385,000 after acquiring an additional 38,188 shares in the last quarter. Finally, Principal Financial Group Inc. increased its holdings in shares of Dorman Products by 3.2% during the 4th quarter. Principal Financial Group Inc. now owns 138,082 shares of the auto parts company’s stock valued at $17,889,000 after acquiring an additional 4,247 shares during the last quarter. 84.70% of the stock is owned by institutional investors.

Dorman Products Trading Down 0.6 %

Shares of NASDAQ:DORM opened at $126.00 on Wednesday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.16 and a current ratio of 2.34. The stock’s 50-day moving average is $128.21 and its 200-day moving average is $126.50. The company has a market cap of $3.85 billion, a P/E ratio of 21.07 and a beta of 0.84. Dorman Products, Inc. has a 52-week low of $86.61 and a 52-week high of $146.60.

Dorman Products (NASDAQ:DORM) last announced its earnings results on Wednesday, February 26th. The auto parts company reported $2.20 earnings per share for the quarter, beating the consensus estimate of $1.99 by $0.21. The firm had revenue of $533.77 million during the quarter, compared to the consensus estimate of $523.95 million. Dorman Products had a return on equity of 16.95% and a net margin of 9.43%. Equities research analysts predict that Dorman Products, Inc. will post 6.9 earnings per share for the current year.

Insider Transactions at Dorman Products

In other Dorman Products news, Director Steven L. Berman sold 285 shares of the firm’s stock in a transaction that occurred on Friday, January 10th. The stock was sold at an average price of $123.50, for a total value of $35,197.50. Following the completion of the sale, the director now owns 833,527 shares in the company, valued at approximately $102,940,584.50. This trade represents a 0.03 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Donna M. Long sold 742 shares of the business’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 sale, the senior vice president now owns 19,894 shares in the company, valued at approximately $2,593,779.72. This represents a 3.60 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 33,475 shares of company stock worth $4,397,374. Insiders own 10.00% of the company’s stock.

Analysts Set New Price Targets

Separately, StockNews.com cut Dorman Products from a “strong-buy” rating to a “buy” rating in a research report on Friday, March 14th.

About Dorman Products

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.