Dorman Products (NASDAQ:DORM) Releases Earnings Results, Beats Expectations By $0.05 EPS

by · The Cerbat Gem

Dorman Products (NASDAQ:DORMGet Free Report) issued its earnings results on Monday. The auto parts company reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.52 by $0.05, FiscalAI reports. Dorman Products had a return on equity of 19.15% and a net margin of 9.59%.The firm had revenue of $528.77 million for the quarter, compared to the consensus estimate of $524.85 million. Dorman Products updated its FY 2026 guidance to 8.100-8.500 EPS.

Dorman Products Price Performance

DORM stock traded down $2.03 during mid-day trading on Monday, reaching $110.85. 227,116 shares of the company’s stock were exchanged, compared to its average volume of 235,800. The company has a market cap of $3.34 billion, a price-to-earnings ratio of 16.69 and a beta of 0.97. The stock’s 50 day moving average is $108.90 and its 200 day moving average is $122.90. The company has a debt-to-equity ratio of 0.27, a current ratio of 3.09 and a quick ratio of 1.14. Dorman Products has a 12-month low of $98.44 and a 12-month high of $166.89.

Analysts Set New Price Targets

DORM has been the topic of a number of recent research reports. Weiss Ratings downgraded Dorman Products from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Friday, January 30th. Barrington Research restated an “outperform” rating and issued a $150.00 target price on shares of Dorman Products in a research note on Monday. Jefferies Financial Group upgraded Dorman Products from a “hold” rating to a “buy” rating and lowered their target price for the stock from $159.00 to $140.00 in a research note on Monday, March 2nd. Wall Street Zen downgraded Dorman Products from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Finally, Zacks Research downgraded Dorman Products from a “hold” rating to a “strong sell” rating in a research note on Tuesday, March 3rd. Six analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $157.00.

Check Out Our Latest Stock Analysis on Dorman Products

Insider Transactions at Dorman Products

In other Dorman Products news, SVP Donna M. Long sold 947 shares of the stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $103.07, for a total transaction of $97,607.29. Following the transaction, the senior vice president owned 20,073 shares in the company, valued at approximately $2,068,924.11. This represents a 4.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 7.70% of the company’s stock.

Hedge Funds Weigh In On Dorman Products

A number of hedge funds have recently bought and sold shares of the business. Victory Capital Management Inc. lifted its position in shares of Dorman Products by 4,111.8% in the fourth quarter. Victory Capital Management Inc. now owns 366,087 shares of the auto parts company’s stock valued at $45,098,000 after acquiring an additional 357,395 shares in the last quarter. Ameriprise Financial Inc. lifted its position in shares of Dorman Products by 29.8% in the second quarter. Ameriprise Financial Inc. now owns 398,549 shares of the auto parts company’s stock valued at $48,890,000 after acquiring an additional 91,549 shares in the last quarter. Millennium Management LLC lifted its position in shares of Dorman Products by 584.9% in the third quarter. Millennium Management LLC now owns 98,905 shares of the auto parts company’s stock valued at $15,417,000 after acquiring an additional 84,465 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Dorman Products by 140.8% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 126,834 shares of the auto parts company’s stock valued at $15,289,000 after acquiring an additional 74,170 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its position in shares of Dorman Products by 49.6% in the fourth quarter. Goldman Sachs Group Inc. now owns 162,537 shares of the auto parts company’s stock valued at $20,023,000 after acquiring an additional 53,904 shares in the last quarter. Hedge funds and other institutional investors own 84.70% of the company’s stock.

Dorman Products Company Profile

(Get Free Report)

Dorman Products, Inc is a leading independent global supplier of automotive aftermarket parts and hardware. Headquartered in Colmar, Pennsylvania, the company specializes in the design, manufacture and distribution of replacement components for passenger cars, light trucks and commercial vehicles. Dorman’s offerings span both mechanical and electrical systems, providing solutions that help repair shops and retailers address wear-out and collision-related failures on domestic and import vehicles.

The company’s extensive product portfolio includes steering and suspension components, brake system parts, engine management and cooling products, exterior and body hardware, and an array of fasteners, clips and brackets.

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