Dorman Products (NASDAQ:DORM) Releases FY 2026 Earnings Guidance

Dorman Products (NASDAQ:DORM) updated its FY 2026 earnings guidance on Wednesday. The company provided EPS guidance of 8.100-8.50 for the period, compared to the consensus EPS estimate of 9.500. The company issued revenue guidance of $2.3 billion-$2.3 billion, compared to the consensus revenue estimate of $2.3 billion.

Dorman Products Trading Up 1.0%

Shares of DORM stock traded up $1.13 on Friday, reaching $117.68. 119,972 shares of the stock were exchanged, compared to its average volume of 194,369. The company has a quick ratio of 1.19, a current ratio of 2.94 and a debt-to-equity ratio of 0.28. The stock has a market cap of $3.60 billion, a P/E ratio of 17.72 and a beta of 0.92. The firm has a 50 day moving average of $126.34 and a two-hundred day moving average of $138.40. Dorman Products has a 1-year low of $106.95 and a 1-year high of $166.89.

Dorman Products (NASDAQ:DORM) last issued its earnings results on Wednesday, February 25th. The auto parts company reported $2.17 earnings per share for the quarter, beating analysts’ consensus estimates of $2.15 by $0.02. The firm had revenue of $537.93 million for the quarter, compared to analysts’ expectations of $573.38 million. Dorman Products had a return on equity of 19.39% and a net margin of 9.59%.The firm’s revenue for the quarter was up .8% compared to the same quarter last year. During the same quarter last year, the firm earned $2.20 earnings per share. Dorman Products has set its FY 2026 guidance at 8.100-8.50 EPS. On average, research analysts anticipate that Dorman Products will post 6.9 EPS for the current year.

Wall Street Analysts Forecast Growth

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

Insider Buying and Selling at Dorman Products

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

Hedge Funds Weigh In On Dorman Products

A number of institutional investors have recently made changes to their positions in the business. State Street Corp lifted its stake in Dorman Products by 0.7% in the fourth quarter. State Street Corp now owns 1,061,708 shares of the auto parts company’s stock valued at $130,792,000 after buying an additional 7,846 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Dorman Products by 2.1% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,047,699 shares of the auto parts company’s stock worth $129,072,000 after acquiring an additional 21,868 shares during the period. Wellington Management Group LLP increased its holdings in shares of Dorman Products by 8.8% in the 4th quarter. Wellington Management Group LLP now owns 507,662 shares of the auto parts company’s stock worth $62,539,000 after acquiring an additional 40,928 shares during the period. Bank of America Corp DE lifted its position in Dorman Products by 10.8% in the 2nd quarter. Bank of America Corp DE now owns 447,274 shares of the auto parts company’s stock valued at $54,867,000 after purchasing an additional 43,458 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in Dorman Products by 29.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 398,549 shares of the auto parts company’s stock valued at $48,890,000 after purchasing an additional 91,549 shares during the period. 84.70% of the stock is owned by institutional investors and hedge funds.

About Dorman Products

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.