Robeco Institutional Asset Management B.V. Has $4.30 Million Holdings in Dorman Products, Inc. (NASDAQ:DORM)

Robeco Institutional Asset Management B.V. grew its holdings in Dorman Products, Inc. (NASDAQ:DORM - Free Report) by 134.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 35,671 shares of the auto parts company's stock after purchasing an additional 20,448 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.12% of Dorman Products worth $4,300,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of DORM. Yorktown Management & Research Co Inc lifted its holdings in Dorman Products by 48.6% in the first quarter. Yorktown Management & Research Co Inc now owns 5,500 shares of the auto parts company's stock valued at $663,000 after buying an additional 1,800 shares during the period. Oppenheimer Asset Management Inc. lifted its stake in shares of Dorman Products by 8.3% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 15,228 shares of the auto parts company's stock valued at $1,836,000 after purchasing an additional 1,170 shares during the period. Flagship Harbor Advisors LLC boosted its position in shares of Dorman Products by 12.5% in the 1st quarter. Flagship Harbor Advisors LLC now owns 2,493 shares of the auto parts company's stock worth $301,000 after purchasing an additional 277 shares during the last quarter. Blue Trust Inc. boosted its position in shares of Dorman Products by 42.5% in the 1st quarter. Blue Trust Inc. now owns 503 shares of the auto parts company's stock worth $61,000 after purchasing an additional 150 shares during the last quarter. Finally, QRG Capital Management Inc. grew its stake in shares of Dorman Products by 7.7% during the first quarter. QRG Capital Management Inc. now owns 1,836 shares of the auto parts company's stock worth $221,000 after purchasing an additional 131 shares during the period. Institutional investors and hedge funds own 84.70% of the company's stock.

Wall Street Analyst Weigh In

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

Insiders Place Their Bets

In related news, Director John J. Gavin sold 2,900 shares of the business's stock in a transaction on Monday, May 19th. The shares were sold at an average price of $131.19, for a total value of $380,451.00. Following the sale, the director directly owned 8,132 shares of the company's stock, valued at approximately $1,066,837.08. The trade was a 26.29% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 8.90% of the company's stock.

Dorman Products Trading Up 0.5%

Dorman Products stock traded up $0.69 during mid-day trading on Friday, hitting $128.00. 101,148 shares of the company's stock were exchanged, compared to its average volume of 189,793. The company's 50 day simple moving average is $124.77 and its 200-day simple moving average is $124.94. The company has a quick ratio of 1.22, a current ratio of 2.62 and a debt-to-equity ratio of 0.33. The firm has a market capitalization of $3.91 billion, a P/E ratio of 18.36 and a beta of 0.85. Dorman Products, Inc. has a fifty-two week low of $87.05 and a fifty-two week high of $146.60.

Dorman Products (NASDAQ:DORM - Get Free Report) last released its quarterly earnings results on Monday, May 5th. The auto parts company reported $2.02 EPS for the quarter, topping analysts' consensus estimates of $1.48 by $0.54. Dorman Products had a return on equity of 19.10% and a net margin of 10.48%. The company had revenue of $507.69 million for the quarter, compared to analyst estimates of $483.09 million. During the same quarter last year, the firm posted $1.31 earnings per share. Dorman Products's revenue was up 8.3% compared to the same quarter last year. On average, equities analysts anticipate that Dorman Products, Inc. will post 6.9 earnings per share for the current 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.