Dorman Products (NASDAQ:DORM) Issues Earnings Results

Dorman Products (NASDAQ:DORM) posted its quarterly earnings results on Wednesday. The auto parts company reported $2.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.15 by $0.02, FiscalAI reports. Dorman Products had a net margin of 11.62% and a return on equity of 19.85%. Dorman Products updated its FY 2026 guidance to 8.100-8.50 EPS.

Dorman Products Price Performance

DORM stock traded down $11.90 during midday trading on Wednesday, reaching $114.50. The company had a trading volume of 541,876 shares, compared to its average volume of 185,883. The firm has a 50-day moving average price of $126.78 and a 200-day moving average price of $138.72. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.94 and a quick ratio of 1.19. The company has a market capitalization of $3.50 billion, a P/E ratio of 14.26 and a beta of 0.92. Dorman Products has a 1 year low of $106.95 and a 1 year high of $166.89.

Insider Transactions at Dorman Products

In other Dorman Products news, SVP Donna M. Long sold 812 shares of the firm’s stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $123.75, for a total transaction of $100,485.00. Following the sale, the senior vice president owned 17,856 shares in the company, valued at $2,209,680. This trade represents a 4.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider John Mcknight sold 2,000 shares of the stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $128.80, for a total value of $257,600.00. Following the transaction, the insider 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. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 8.90% of the company’s stock.

Hedge Funds Weigh In On Dorman Products

Several institutional investors and hedge funds have recently made changes to their positions in the business. AQR Capital Management LLC lifted its stake in Dorman Products by 37.4% in the first quarter. AQR Capital Management LLC now owns 4,220 shares of the auto parts company’s stock worth $509,000 after purchasing an additional 1,148 shares during the last quarter. Integrated Wealth Concepts LLC increased its holdings in shares of Dorman Products by 14.2% in the first quarter. Integrated Wealth Concepts LLC now owns 3,755 shares of the auto parts company’s stock worth $453,000 after buying an additional 468 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Dorman Products by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,381 shares of the auto parts company’s stock valued at $1,854,000 after acquiring an additional 662 shares during the last quarter. Millennium Management LLC lifted its stake in shares of Dorman Products by 74.6% in the 1st quarter. Millennium Management LLC now owns 33,021 shares of the auto parts company’s stock valued at $3,980,000 after acquiring an additional 14,110 shares during the last quarter. Finally, United Services Automobile Association purchased a new stake in Dorman Products during the 1st quarter valued at about $215,000. Institutional investors own 84.70% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently weighed in on DORM. Weiss Ratings cut Dorman Products from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, January 30th. Wall Street Zen lowered shares of Dorman Products from a “buy” rating to a “hold” rating in a research report on Friday, January 23rd. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $180.50.

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.