State of Wyoming Has $186,000 Stock Position in Dorman Products, Inc. (NASDAQ:DORM)

State of Wyoming decreased its position in Dorman Products, Inc. (NASDAQ:DORM) by 28.2% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,439 shares of the auto parts company’s stock after selling 566 shares during the period. State of Wyoming’s holdings in Dorman Products were worth $186,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp raised its holdings in Dorman Products by 518.4% in the 4th quarter. Jones Financial Companies Lllp now owns 235 shares of the auto parts company’s stock valued at $30,000 after acquiring an additional 197 shares in the last quarter. Quent Capital LLC acquired a new position in Dorman Products in the 4th quarter valued at approximately $31,000. CIBC Private Wealth Group LLC raised its holdings in Dorman Products by 163.8% in the 4th quarter. CIBC Private Wealth Group LLC now owns 277 shares of the auto parts company’s stock valued at $35,000 after acquiring an additional 172 shares in the last quarter. Newbridge Financial Services Group Inc. acquired a new position in Dorman Products in the 4th quarter valued at approximately $42,000. Finally, Blue Trust Inc. raised its holdings in 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 acquiring an additional 332 shares in the last quarter. Institutional investors and hedge funds own 84.70% of the company’s stock.

Analyst Ratings Changes

Separately, Wall Street Zen raised Dorman Products from a “buy” rating to a “strong-buy” rating in a report on Friday, May 16th.

Insider Transactions at Dorman Products

In other news, Director John J. Gavin sold 2,900 shares of the stock in a transaction that occurred on Monday, May 19th. The stock was sold at an average price of $131.19, for a total value of $380,451.00. Following the completion of the transaction, the director now directly owns 8,132 shares of the company’s stock, valued at approximately $1,066,837.08. This represents a 26.29% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, SVP Donna M. Long sold 742 shares of the stock in a transaction that occurred on Thursday, March 6th. The stock was 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 directly owns 19,894 shares of the company’s stock, valued at approximately $2,593,779.72. The trade was a 3.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. 8.90% of the stock is currently owned by insiders.

Dorman Products Trading Down 0.9%

Shares of DORM opened at $125.06 on Friday. Dorman Products, Inc. has a 1 year low of $87.05 and a 1 year 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 50 day simple moving average of $119.82 and a 200-day simple moving average of $127.41. The stock has a market cap of $3.82 billion, a PE ratio of 20.91 and a beta of 0.86.

Dorman Products (NASDAQ:DORM) last issued its earnings results on Monday, May 5th. The auto parts company reported $2.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.48 by $0.54. Dorman Products had a return on equity of 16.95% and a net margin of 9.43%. The business had revenue of $507.69 million during the quarter, compared to analysts’ expectations of $483.09 million. During the same period in the prior year, the firm posted $1.31 EPS. Dorman Products’s quarterly revenue was up 8.3% compared to the same quarter last year. On average, sell-side analysts predict that Dorman Products, Inc. will post 6.9 EPS for the current fiscal year.

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.