Dorman Products (NASDAQ:DORM) Updates 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 Down 9.4%

Shares of DORM traded down $11.90 on Wednesday, reaching $114.50. 540,743 shares of the company’s stock were exchanged, compared to its average volume of 185,417. Dorman Products has a 12 month low of $106.95 and a 12 month high of $166.89. The stock has a market capitalization of $3.50 billion, a P/E ratio of 14.26 and a beta of 0.92. The company has a current ratio of 2.94, a quick ratio of 1.19 and a debt-to-equity ratio of 0.28. The business has a 50 day moving average price of $126.78 and a two-hundred day moving average price of $138.72.

Dorman Products (NASDAQ:DORM) last posted its quarterly 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. Dorman Products had a return on equity of 19.85% and a net margin of 11.62%.Dorman Products has set its FY 2026 guidance at 8.100-8.50 EPS. Research analysts anticipate that Dorman Products will post 6.9 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented 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 cut Dorman Products from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, January 30th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Dorman Products presently has an average rating of “Moderate Buy” and a consensus price target of $180.50.

Insider Activity at Dorman Products

In related news, 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 transaction of $257,600.00. Following the completion of the transaction, the insider owned 9,112 shares in the company, valued at approximately $1,173,625.60. This represents a 18.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, 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 directly owned 17,856 shares of the company’s stock, valued at $2,209,680. This represents a 4.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 8.90% of the stock is currently owned by corporate insiders.

Institutional Trading of Dorman Products

A number of hedge funds have recently made changes to their positions in the stock. State Street Corp increased its holdings in Dorman Products by 0.7% in the 4th quarter. State Street Corp now owns 1,061,708 shares of the auto parts company’s stock worth $130,792,000 after buying an additional 7,846 shares in the last quarter. Dimensional Fund Advisors LP lifted its position in Dorman Products by 2.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 1,047,699 shares of the auto parts company’s stock valued at $129,072,000 after purchasing an additional 21,868 shares during the period. Wellington Management Group LLP boosted its holdings 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 last quarter. Bank of America Corp DE grew 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 worth $54,867,000 after purchasing an additional 43,458 shares during the period. Finally, Ameriprise Financial Inc. raised 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 buying an additional 91,549 shares during the last quarter. 84.70% of the stock is owned by 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.