Key Points
- Insider sale: Dorman Products CAO Gregory Bowen sold 3,531 shares for approximately $512,000, reducing his direct holdings by 39.8% to 5,340 shares.
- Quarterly results: The company reported adjusted EPS of $3.08, beating estimates of $1.89, while revenue of $544.6 million fell short of the $582.2 million consensus forecast. Fiscal 2026 EPS guidance is $8.50–$8.80.
- Analyst outlook remains positive: Six analysts rate DORM a Buy and two rate it Hold, producing a “Moderate Buy” consensus and an average price target of $160.33 versus the reported opening price of $140.91.
Dorman Products, Inc. (NASDAQ:DORM - Get Free Report) CAO Gregory Bowen sold 3,531 shares of the business's stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $145.01, for a total transaction of $512,030.31. Following the completion of the sale, the chief accounting officer directly owned 5,340 shares of the company's stock, valued at $774,353.40. The trade was a 39.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Dorman Products Price Performance
NASDAQ DORM opened at $140.91 on Friday. Dorman Products, Inc. has a 52 week low of $98.44 and a 52 week high of $166.89. The company has a current ratio of 3.60, a quick ratio of 1.28 and a debt-to-equity ratio of 0.29. The stock has a market cap of $4.18 billion, a price-to-earnings ratio of 19.52 and a beta of 0.98. The company has a 50-day moving average price of $133.55 and a two-hundred day moving average price of $122.10.
Dorman Products (NASDAQ:DORM - Get Free Report) last announced its quarterly earnings results on Monday, August 3rd. The auto parts company reported $3.08 EPS for the quarter, beating the consensus estimate of $1.89 by $1.19. The company had revenue of $544.60 million for the quarter, compared to analyst estimates of $582.24 million. Dorman Products had a net margin of 10.18% and a return on equity of 19.37%. Dorman Products's revenue was up .7% compared to the same quarter last year. During the same quarter last year, the business earned $2.06 earnings per share. Dorman Products has set its FY 2026 guidance at 8.500-8.800 EPS. Analysts forecast that Dorman Products, Inc. will post 8.65 EPS for the current year.
Institutional Trading of Dorman Products
Hedge funds and other institutional investors have recently modified their holdings of the company. AQR Capital Management LLC boosted its stake in Dorman Products by 37.4% during the first quarter. AQR Capital Management LLC now owns 4,220 shares of the auto parts company's stock valued at $509,000 after buying an additional 1,148 shares in the last quarter. Integrated Wealth Concepts LLC raised its position in 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 acquiring an additional 468 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Dorman Products by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 15,381 shares of the auto parts company's stock worth $1,854,000 after acquiring an additional 662 shares in the last quarter. Millennium Management LLC lifted its holdings in 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 acquired a new stake in Dorman Products in the 1st quarter valued at about $215,000. Institutional investors own 84.70% of the company's stock.
Wall Street Analyst Weigh In
Several brokerages have weighed in on DORM. Wells Fargo & Company lifted their target price on Dorman Products from $155.00 to $160.00 and gave the company an "overweight" rating in a research note on Wednesday. Zacks Research raised Dorman Products from a "strong sell" rating to a "hold" rating in a research note on Friday, May 15th. Weiss Ratings raised Dorman Products from a "hold (c)" rating to a "hold (c+)" rating in a report on Friday, July 10th. Barrington Research restated an "outperform" rating and set a $150.00 price objective on shares of Dorman Products in a research note on Monday, May 4th. Finally, Roth Capital reaffirmed a "buy" rating on shares of Dorman Products in a report on Wednesday. Six equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $160.33.
Check Out Our Latest Stock Analysis on DORM
Dorman Products Company Profile
(
Get Free Report)
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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