Buckhead Capital Management LLC Has $354,000 Stock Holdings in Dorman Products, Inc. (NASDAQ:DORM)

Buckhead Capital Management LLC raised its holdings in Dorman Products, Inc. (NASDAQ:DORM) by 9.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,250 shares of the auto parts company’s stock after acquiring an additional 366 shares during the quarter. Buckhead Capital Management LLC’s holdings in Dorman Products were worth $354,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Mariner LLC lifted its stake in Dorman Products by 2.2% in the third quarter. Mariner LLC now owns 8,689 shares of the auto parts company’s stock valued at $658,000 after acquiring an additional 189 shares during the last quarter. Quantbot Technologies LP raised its position in shares of Dorman Products by 17.5% in the third quarter. Quantbot Technologies LP now owns 1,375 shares of the auto parts company’s stock valued at $104,000 after purchasing an additional 205 shares during the period. Headinvest LLC bought a new position in shares of Dorman Products in the third quarter valued at approximately $30,000. Swiss National Bank raised its position in shares of Dorman Products by 0.9% in the third quarter. Swiss National Bank now owns 58,800 shares of the auto parts company’s stock valued at $4,455,000 after purchasing an additional 500 shares during the period. Finally, OLD National Bancorp IN raised its position in shares of Dorman Products by 18.6% in the third quarter. OLD National Bancorp IN now owns 3,743 shares of the auto parts company’s stock valued at $284,000 after purchasing an additional 586 shares during the period. 84.70% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on DORM shares. Roth Mkm reissued a “buy” rating and issued a $116.00 price target on shares of Dorman Products in a research report on Monday, March 25th. StockNews.com raised shares of Dorman Products from a “hold” rating to a “buy” rating in a research report on Thursday, March 7th. TheStreet raised shares of Dorman Products from a “c+” rating to a “b” rating in a research report on Wednesday, March 20th. Finally, Barrington Research reaffirmed an “outperform” rating and set a $90.00 target price on shares of Dorman Products in a research report on Tuesday, February 27th.

Dorman Products Stock Performance

DORM stock traded up $1.57 on Wednesday, reaching $89.02. 91,850 shares of the company were exchanged, compared to its average volume of 115,286. Dorman Products, Inc. has a 12 month low of $60.01 and a 12 month high of $98.55. The stock’s fifty day moving average price is $91.36 and its 200 day moving average price is $82.47. The firm has a market capitalization of $2.76 billion, a PE ratio of 21.33 and a beta of 0.81. The company has a debt-to-equity ratio of 0.40, a current ratio of 2.25 and a quick ratio of 1.09.

Dorman Products (NASDAQ:DORM) last announced its quarterly earnings results on Monday, February 26th. The auto parts company reported $1.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.41 by $0.16. The firm had revenue of $494.30 million for the quarter, compared to analyst estimates of $494.86 million. Dorman Products had a net margin of 6.70% and a return on equity of 12.92%. The business’s revenue for the quarter was down 1.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.01 EPS. On average, research analysts anticipate that Dorman Products, Inc. will post 5.55 EPS for the current fiscal year.

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.