Dorman Products (NASDAQ:DORM – Get Free Report) updated its FY 2026 earnings guidance on Monday. The company provided earnings per share guidance of 8.100-8.500 for the period, compared to the consensus earnings per share estimate of 8.250. The company issued revenue guidance of -, compared to the consensus revenue estimate of $2.3 billion.
Analysts Set New Price Targets
Several research firms have commented on DORM. Jefferies Financial Group raised shares of Dorman Products from a “hold” rating to a “buy” rating and decreased their target price for the stock from $159.00 to $140.00 in a research report on Monday, March 2nd. Barrington Research reissued an “outperform” rating and issued a $150.00 target price on shares of Dorman Products in a research report on Monday. Wall Street Zen downgraded shares of Dorman Products from a “buy” rating to a “hold” rating in a report on Saturday, February 28th. Wells Fargo & Company decreased their price objective on shares of Dorman Products from $150.00 to $140.00 and set an “overweight” rating for the company in a report on Friday, February 27th. Finally, Stephens reaffirmed an “overweight” rating and set a $150.00 price objective on shares of Dorman Products in a report on Wednesday, March 18th. Six 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. According to MarketBeat.com, Dorman Products has a consensus rating of “Moderate Buy” and an average target price of $157.00.
Read Our Latest Analysis on DORM
Dorman Products Stock Performance
Dorman Products (NASDAQ:DORM – Get Free Report) last posted its quarterly earnings data on Monday, May 4th. The auto parts company reported $1.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.52 by $0.05. The business had revenue of $528.77 million during the quarter, compared to the consensus estimate of $524.85 million. Dorman Products had a net margin of 9.59% and a return on equity of 19.15%. Dorman Products has set its FY 2026 guidance at 8.100-8.500 EPS. On average, research analysts expect that Dorman Products will post 8.2 EPS for the current year.
Insider Buying and Selling
In related news, SVP Donna M. Long sold 947 shares of the company’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 directly owned 20,073 shares in the company, valued at $2,068,924.11. This represents a 4.51% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 7.70% of the stock is currently owned by insiders.
Hedge Funds Weigh In On Dorman Products
Large investors have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC raised its stake in Dorman Products by 594.1% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 236 shares of the auto parts company’s stock valued at $29,000 after purchasing an additional 202 shares during the last quarter. Miller Capital Partners Inc. acquired a new position in Dorman Products during the 4th quarter valued at $37,000. Kestra Advisory Services LLC acquired a new position in Dorman Products during the 4th quarter valued at $48,000. Kemnay Advisory Services Inc. acquired a new position in Dorman Products during the 4th quarter valued at $60,000. Finally, Acadian Asset Management LLC acquired a new position in Dorman Products during the 1st quarter valued at $71,000. 84.70% of the stock is currently owned by institutional investors and hedge funds.
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.
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