726 Shares in Dorman Products, Inc. (NASDAQ:DORM) Bought by Rothschild Investment LLC

Rothschild Investment LLC acquired a new position in Dorman Products, Inc. (NASDAQ:DORM) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 726 shares of the auto parts company’s stock, valued at approximately $66,000.

A number of other institutional investors have also added to or reduced their stakes in DORM. Orion Portfolio Solutions LLC increased its stake in shares of Dorman Products by 0.8% in the 1st quarter. Orion Portfolio Solutions LLC now owns 13,659 shares of the auto parts company’s stock worth $1,317,000 after acquiring an additional 114 shares in the last quarter. Park Avenue Securities LLC grew its position in Dorman Products by 4.6% during the 1st quarter. Park Avenue Securities LLC now owns 3,508 shares of the auto parts company’s stock valued at $338,000 after purchasing an additional 155 shares during the last quarter. Corient Private Wealth LLC increased its stake in Dorman Products by 3.2% during the 4th quarter. Corient Private Wealth LLC now owns 5,823 shares of the auto parts company’s stock valued at $486,000 after purchasing an additional 181 shares in the last quarter. Sei Investments Co. raised its holdings in Dorman Products by 2.6% in the first quarter. Sei Investments Co. now owns 8,688 shares of the auto parts company’s stock worth $837,000 after buying an additional 221 shares during the last quarter. Finally, Parallel Advisors LLC lifted its stake in shares of Dorman Products by 277.4% in the fourth quarter. Parallel Advisors LLC now owns 317 shares of the auto parts company’s stock worth $26,000 after buying an additional 233 shares in the last quarter. Institutional investors own 84.70% of the company’s stock.

Dorman Products Trading Up 0.1 %

Shares of NASDAQ:DORM opened at $109.66 on Thursday. Dorman Products, Inc. has a 1 year low of $60.01 and a 1 year high of $114.51. The stock’s fifty day moving average price is $101.52 and its 200-day moving average price is $94.84. The company has a market cap of $3.35 billion, a P/E ratio of 22.06 and a beta of 0.83. The company has a debt-to-equity ratio of 0.38, a current ratio of 2.40 and a quick ratio of 1.19.

Dorman Products (NASDAQ:DORM) last posted its earnings results on Thursday, August 1st. The auto parts company reported $1.67 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.19 by $0.48. Dorman Products had a net margin of 8.75% and a return on equity of 15.97%. The business had revenue of $502.95 million for the quarter, compared to analysts’ expectations of $497.46 million. During the same quarter in the prior year, the business earned $1.01 EPS. The business’s revenue for the quarter was up 4.7% compared to the same quarter last year. Sell-side analysts expect that Dorman Products, Inc. will post 6.15 earnings per share for the current year.

Insider Buying and Selling

In other Dorman Products news, SVP Jeffery Darby sold 1,400 shares of the business’s stock in a transaction on Tuesday, July 16th. The shares were sold at an average price of $98.98, for a total transaction of $138,572.00. Following the completion of the sale, the senior vice president now directly owns 25,071 shares in the company, valued at approximately $2,481,527.58. The sale was disclosed in a document filed with the SEC, which is available through this link. Over the last quarter, insiders have sold 4,200 shares of company stock worth $445,116. 10.00% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Separately, Roth Mkm reissued a “buy” rating and set a $116.00 price target on shares of Dorman Products in a research report on Friday, June 14th.

Dorman Products Company Profile

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.