Gw&K Investment Management 13F: Cuts DORM Stake by $2.2M

Gw&K Investment Management recently trimmed its position in Dorman Products, Inc. (NasdaqGS: DORM), according to its latest Form 13F filing with the SEC. The investment firm reduced its holdings by 15,956 shares, or about 3%, bringing its total to 513,688 shares. The value of its stake in Dorman Products is approximately $65.68 million as of the reporting period.

What Changed in Gw&K Investment Management's Dorman Products Position

Gw&K Investment Management cut its stake in Dorman Products from 529,644 shares to 513,688 shares, a reduction of 15,956 shares, or 3%. This move reflects a slight decrease in their investment, with the value of the holdings standing at roughly $65.68 million.

Other Institutional Activity in Dorman Products

Several other institutional investors also made changes to their Dorman Products holdings. BlackRock, Inc. increased its position by 27,740 shares, ending with 4,007,265 shares valued at about $418.2 million. Morgan Stanley added 62,958 shares, bringing its total to 1,415,141 shares worth approximately $147.68 million. Dimensional Fund Advisors LP grew its stake by 51,653 shares to a total of 1,099,352 shares valued at $114.73 million. State Street Corp increased its holding by 37,564 shares, ending with 1,099,272 shares worth about $114.72 million.

Dorman Products, Inc. Stock Up 11.4%

Shares of Dorman Products traded around $127.86. The company, which has a market capitalization of $3.82 billion, has a P/E ratio of 20.6 and a forward P/E of 13.6. Dorman's beta is 0.99, indicating it's less volatile than the broader market. The stock's 52-week range is between $98.45 and $166.89, with a 50-day moving average of $116.35 and a 200-day moving average of $128.23. The company maintains a solid financial position with a current ratio of 3.29 and a quick ratio of 1.22.

Recent Earnings

Dorman Products reported revenue of approximately $2.15 billion, reflecting a growth of 4.2%. The company's net margin stands at 8.8% with a return on equity of 13.6%. Dorman is expected to announce its next earnings on August 4, 2026.

Insider Buying and Selling at Dorman Products, Inc.

Several insiders at Dorman Products have been active in the stock market. On June 1, 2026, Kelly Romano, Lisa Bachmann, and John Gavin each purchased 1,344 shares at an average price of $122.71. Meanwhile, on June 2, 2026, Kathleen Pacheco, President of Specialty Vehicle, and Gregory Bowen, VP and Chief Accounting Officer, sold 116 and 76 shares, respectively, at $125.83.

Analysts Set New Price Targets

Analysts remain optimistic about Dorman Products. On May 4, 2026, Barrington Research maintained its buy rating with a $150 price target. Stephens & Co. reiterated its buy rating with the same target on March 18, 2026. The consensus among eight analyst opinions is a strong buy, with a mean price target of $152.25.

About Dorman Products, Inc.

Dorman Products, Inc. is a key player in the auto parts industry, providing replacement and upgrade parts for the motor vehicle aftermarket. Headquartered in Colmar, Pennsylvania, the company operates through various segments, including Light Duty, Heavy Duty, and Specialty Vehicle. Under the leadership of CEO Kevin M. Olsen, Dorman employs around 3,871 people and markets its products under several brands like DORMAN, HELP!, and SuperATV.

Bottom Line

Gw&K Investment Management's reduction in its Dorman Products stake is a small adjustment in its portfolio. Investors often track such filings to gauge institutional confidence in a stock, but remember, 13F filings are backward-looking and may not reflect current positions. Dorman Products remains a notable player in the auto parts sector, with strong insider activity and positive analyst sentiment.