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

Dorman Products (NASDAQ:DORM) issued its earnings results on Monday. The auto parts company reported $1.57 EPS for the quarter, beating the consensus estimate of $1.52 by $0.05, FiscalAI reports. The company had revenue of $528.77 million during the quarter, compared to the consensus estimate of $524.80 million. Dorman Products had a return on equity of 17.77% and a net margin of 8.84%.The firm’s revenue for the quarter was up 4.2% compared to the same quarter last year. During the same period last year, the business posted $2.02 EPS. Dorman Products updated its FY 2026 guidance to 8.100-8.500 EPS.

Dorman Products Stock Up 4.6%

DORM stock traded up $5.47 during mid-day trading on Wednesday, reaching $124.99. 15,007 shares of the company traded hands, compared to its average volume of 236,182. The stock has a market cap of $3.77 billion, a price-to-earnings ratio of 19.85 and a beta of 0.97. The company has a quick ratio of 1.14, a current ratio of 3.09 and a debt-to-equity ratio of 0.27. Dorman Products has a fifty-two week low of $98.44 and a fifty-two week high of $166.89. The firm’s 50 day moving average price is $108.70 and its 200 day moving average price is $122.75.

Insider Activity at Dorman Products

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

Institutional Investors Weigh In On Dorman Products

A number of hedge funds have recently modified their holdings of the stock. Corient Private Wealth LLC raised its holdings in shares of Dorman Products by 7.2% in the 4th quarter. Corient Private Wealth LLC now owns 4,503 shares of the auto parts company’s stock worth $557,000 after purchasing an additional 301 shares during the period. NewEdge Advisors LLC raised its holdings 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 worth $334,000 after purchasing an additional 2,605 shares during the period. XTX Topco Ltd bought a new stake in shares of Dorman Products in the 4th quarter worth approximately $1,081,000. Voloridge Investment Management LLC raised its holdings in shares of Dorman Products by 9.1% in the 4th 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 raised 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 purchasing an additional 40,928 shares during the period. Institutional investors own 84.70% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on the company. Jefferies Financial Group upgraded Dorman Products from a “hold” rating to a “buy” rating and reduced their target price for the company from $159.00 to $140.00 in a research note on Monday, March 2nd. Barrington Research restated an “outperform” rating and issued a $150.00 target price on shares of Dorman Products in a research note on Monday. Wall Street Zen downgraded Dorman Products from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Zacks Research downgraded Dorman Products from a “hold” rating to a “strong sell” rating in a research note on Tuesday, March 3rd. Finally, Wells Fargo & Company cut their price target on Dorman Products from $150.00 to $140.00 and set an “overweight” rating for the company in a research note on Friday, February 27th. Six equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Dorman Products presently has a consensus rating of “Moderate Buy” and an average target price of $157.00.

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.