Bronfman E.L. Rothschild L.P. trimmed its position in Dorman Products Inc. (NASDAQ:DORM) by 32.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 796 shares of the auto parts company’s stock after selling 385 shares during the period. Bronfman E.L. Rothschild L.P.’s holdings in Dorman Products were worth $72,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in DORM. First Trust Advisors LP lifted its holdings in Dorman Products by 66.2% in the 3rd quarter. First Trust Advisors LP now owns 24,251 shares of the auto parts company’s stock valued at $1,865,000 after purchasing an additional 9,662 shares in the last quarter. Victory Capital Management Inc. lifted its holdings in Dorman Products by 64.0% in the 3rd quarter. Victory Capital Management Inc. now owns 7,127 shares of the auto parts company’s stock valued at $548,000 after purchasing an additional 2,781 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in Dorman Products by 6.8% in the 3rd quarter. Wells Fargo & Company MN now owns 134,671 shares of the auto parts company’s stock valued at $10,358,000 after purchasing an additional 8,573 shares in the last quarter. Jennison Associates LLC lifted its holdings in Dorman Products by 1,838.8% in the 3rd quarter. Jennison Associates LLC now owns 144,575 shares of the auto parts company’s stock valued at $11,121,000 after purchasing an additional 137,118 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its holdings in Dorman Products by 11.1% in the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 6,972 shares of the auto parts company’s stock valued at $536,000 after purchasing an additional 697 shares in the last quarter. Institutional investors own 80.55% of the company’s stock.

Several research analysts have recently weighed in on DORM shares. BidaskClub upgraded shares of Dorman Products from a “buy” rating to a “strong-buy” rating in a report on Wednesday, January 2nd. ValuEngine lowered shares of Dorman Products from a “buy” rating to a “hold” rating in a report on Monday, February 4th. Zacks Investment Research lowered shares of Dorman Products from a “buy” rating to a “hold” rating in a report on Monday, December 31st. Finally, CL King lowered shares of Dorman Products from a “buy” rating to a “neutral” rating in a report on Monday, January 14th. One investment analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. Dorman Products currently has an average rating of “Hold” and an average target price of $56.50.

Shares of DORM stock opened at $83.31 on Friday. The stock has a market cap of $2.75 billion, a PE ratio of 19.84, a P/E/G ratio of 1.44 and a beta of 0.53. Dorman Products Inc. has a 1-year low of $56.36 and a 1-year high of $97.38.

Dorman Products (NASDAQ:DORM) last announced its quarterly earnings data on Monday, February 25th. The auto parts company reported $1.10 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.09 by $0.01. The business had revenue of $260.34 million for the quarter, compared to analyst estimates of $249.09 million. Dorman Products had a net margin of 13.72% and a return on equity of 20.20%. The company’s revenue was up 14.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.87 EPS. As a group, research analysts anticipate that Dorman Products Inc. will post 4.45 earnings per share for the current year.

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Dorman Products Company Profile

Dorman Products, Inc supplies automotive replacement parts, automotive hardware, and brake products to the automotive aftermarket and mass merchandise markets in the United States, Canada, Mexico, Europe, the Middle East, and Australia. It offers original equipment dealer products, such as intake manifolds, exhaust manifolds, window regulators, radiator fan assemblies, tire pressure monitor sensors, exhaust gas recirculation coolers, and complex electronics modules; fluid reservoirs, variable valve timing components, complex electronics, and integrated door lock actuators; and fasteners, including oil drain plugs, wheel bolts, and wheel lug nuts.

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Institutional Ownership by Quarter for Dorman Products (NASDAQ:DORM)

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