Dorman Products (NASDAQ:DORM) Announces Earnings Results, Beats Expectations By $0.02 EPS

Dorman Products (NASDAQ:DORM) announced its quarterly earnings data on Wednesday. The auto parts company reported $2.17 earnings per share for the quarter, topping analysts’ consensus estimates of $2.15 by $0.02, FiscalAI reports. Dorman Products had a net margin of 9.59% and a return on equity of 19.39%. The firm had revenue of $537.93 million during the quarter, compared to analyst estimates of $573.38 million. During the same period in the previous year, the business posted $2.20 EPS. The business’s quarterly revenue was up .8% on a year-over-year basis. Dorman Products updated its FY 2026 guidance to 8.100-8.50 EPS.

Dorman Products Trading Up 2.1%

Shares of DORM stock traded up $2.40 during trading hours on Friday, reaching $118.95. The company’s stock had a trading volume of 143,089 shares, compared to its average volume of 194,846. The stock has a market capitalization of $3.63 billion, a P/E ratio of 17.91 and a beta of 0.92. Dorman Products has a one year low of $106.95 and a one year high of $166.89. The firm’s fifty day simple moving average is $126.34 and its 200 day simple moving average is $138.40. The company has a current ratio of 2.94, a quick ratio of 1.19 and a debt-to-equity ratio of 0.28.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Wells Fargo & Company lowered their target price on Dorman Products from $150.00 to $140.00 and set an “overweight” rating for the company in a research note on Friday. Wall Street Zen cut Dorman Products from a “buy” rating to a “hold” rating in a research note on Friday, January 23rd. Finally, Weiss Ratings downgraded Dorman Products from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $171.75.

Insider Buying and Selling

In related news, SVP Donna M. Long sold 812 shares of the firm’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $123.75, for a total value of $100,485.00. Following the completion of the sale, the senior vice president owned 17,856 shares of the company’s stock, valued at $2,209,680. This trade represents a 4.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider John Mcknight sold 2,000 shares of the business’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $128.80, for a total transaction of $257,600.00. Following the transaction, the insider directly owned 9,112 shares in the company, valued at approximately $1,173,625.60. The trade was a 18.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 8.90% of the stock is owned by corporate insiders.

Institutional Trading of Dorman Products

Several institutional investors and hedge funds have recently bought and sold shares of DORM. Corient Private Wealth LLC boosted its position in Dorman Products by 7.2% during the 4th quarter. Corient Private Wealth LLC now owns 4,503 shares of the auto parts company’s stock valued at $557,000 after acquiring an additional 301 shares in the last quarter. NewEdge Advisors LLC lifted its stake in shares of Dorman Products by 2,481.0% in the 4th quarter. NewEdge Advisors LLC now owns 2,710 shares of the auto parts company’s stock valued at $334,000 after purchasing an additional 2,605 shares during the period. XTX Topco Ltd bought a new stake in shares of Dorman Products during the fourth quarter valued at approximately $1,081,000. Voloridge Investment Management LLC grew its stake in Dorman Products by 9.1% in the fourth quarter. Voloridge Investment Management LLC now owns 44,579 shares of the auto parts company’s stock worth $5,492,000 after purchasing an additional 3,715 shares during the period. Finally, Wellington Management Group LLP grew its stake in Dorman Products by 8.8% in the fourth quarter. Wellington Management Group LLP now owns 507,662 shares of the auto parts company’s stock worth $62,539,000 after purchasing an additional 40,928 shares during the period. 84.70% of the stock is currently owned by hedge funds and other institutional investors.

Dorman Products Company Profile

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.