Dorman Products (NASDAQ:DORM – Get Free Report) updated its FY 2026 earnings guidance on Monday. The company provided EPS guidance of 8.100-8.500 for the period, compared to the consensus EPS estimate of 8.250. The company issued revenue guidance of -, compared to the consensus revenue estimate of $2.3 billion.
Wall Street Analysts Forecast Growth
Several brokerages recently weighed in on DORM. Zacks Research downgraded Dorman Products from a “hold” rating to a “strong sell” rating in a research report on Tuesday, March 3rd. Weiss Ratings downgraded Dorman Products from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Friday, January 30th. Barrington Research restated an “outperform” rating and set a $150.00 price objective on shares of Dorman Products in a research report on Monday. Jefferies Financial Group upgraded Dorman Products from a “hold” rating to a “buy” rating and dropped their price objective for the stock from $159.00 to $140.00 in a research report on Monday, March 2nd. Finally, Wall Street Zen downgraded shares of Dorman Products from a “buy” rating to a “hold” rating in a research note on Saturday, February 28th. Six equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $157.00.
Check Out Our Latest Analysis on Dorman Products
Dorman Products Trading Down 1.8%
Dorman Products (NASDAQ:DORM – Get Free Report) last posted its earnings results on Monday, May 4th. The auto parts company reported $1.57 EPS for the quarter, beating the consensus estimate of $1.52 by $0.05. The firm had revenue of $528.77 million during the quarter, compared to the consensus estimate of $524.85 million. Dorman Products had a return on equity of 19.15% and a net margin of 9.59%.Dorman Products has set its FY 2026 guidance at 8.100-8.500 EPS. On average, equities analysts predict that Dorman Products will post 8.2 EPS for the current fiscal year.
Insider Buying and Selling
In other news, SVP Donna M. Long sold 947 shares of the firm’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $103.07, for a total transaction of $97,607.29. Following the completion of the transaction, the senior vice president owned 20,073 shares of the company’s stock, valued at approximately $2,068,924.11. This trade represents a 4.51% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 7.70% of the company’s stock.
Hedge Funds Weigh In On Dorman Products
Several large investors have recently modified their holdings of DORM. EverSource Wealth Advisors LLC raised its stake in shares of Dorman Products by 594.1% during the second quarter. EverSource Wealth Advisors LLC now owns 236 shares of the auto parts company’s stock valued at $29,000 after acquiring an additional 202 shares during the last quarter. Miller Capital Partners Inc. bought a new position in shares of Dorman Products during the fourth quarter worth about $37,000. Kestra Advisory Services LLC bought a new position in shares of Dorman Products during the fourth quarter worth about $48,000. Kemnay Advisory Services Inc. bought a new position in shares of Dorman Products during the fourth quarter worth about $60,000. Finally, Acadian Asset Management LLC bought a new position in shares of Dorman Products during the first quarter worth about $71,000. Institutional investors own 84.70% of the company’s stock.
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.
Further Reading
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