Dorman Products introduces an innovative electronic power steering rack for Ram trucks, enhancing performance and repair options for vehicle owners.
Quiver AI Summary
Dorman Products, Inc. has launched a groundbreaking electronic power steering (EPS) rack designed for over two million Ram pickup trucks, marking a first in the aftermarket sector. This innovation follows extensive research and development efforts by Dorman's expert team. The new EPS rack offers significant enhancements over original equipment and other repair options, addressing common failures in the original systems due to moisture and debris. Featuring advanced electronics with surge protection and a protective coating to enhance durability, the Dorman EPS rack ensures reliable performance without requiring dealer programming for installation. Dorman aims to provide vehicle owners with high-quality repair solutions, enhancing their repair choices while extending the lifespan of their vehicles.
Potential Positives
- Dorman Products has introduced the first-ever electronic power steering (EPS) rack for over two million Ram pickup trucks, enhancing its position as a leader in aftermarket solutions.
- The new EPS rack features significant design improvements that provide better performance and reliability compared to original equipment and remanufactured options.
- This product helps vehicle owners avoid higher costs associated with original parts and limited salvage replacements, promoting greater choice for consumers.
- The EPS rack meets Federal Motor Vehicle Safety Standards and is designed for easy installation, further appealing to independent repair shops and enhancing customer convenience.
Potential Negatives
- While announcing a significant new product, the press release introduces complexities related to the performance issues of the original EPS racks, which may reflect poorly on Dorman's competitors or the automotive industry as a whole.
- The need for an aftermarket solution to replace original equipment due to known failure points suggests a potential lack of reliability in the original parts, which could raise concerns among consumers about overall vehicle quality.
- The forward-looking statements section highlights inherent risks and uncertainties, potentially leading investors to question the stability and long-term performance of the company.
FAQ
What is the new product released by Dorman Products?
Dorman Products has launched the aftermarket's first all-new electronic power steering (EPS) rack for Ram pickup trucks.
How many Ram truck models does the EPS rack fit?
The EPS rack is engineered to fit more than two million Ram pickup trucks from 2013 to 2024.
What are the advantages of the Dorman EPS rack?
The Dorman EPS rack features improved electronics, enhanced durability, and doesn't require dealer programming for installation.
What issues does the Dorman EPS rack address?
The EPS rack addresses failures due to moisture and debris in the original equipment control unit, offering a reliable repair option.
How does Dorman ensure the quality of the EPS rack?
The EPS rack is validated to meet Federal Motor Vehicle Safety Standards and includes design enhancements for longevity and performance.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$DORM Insider Trading Activity
$DORM insiders have traded $DORM stock on the open market 5 times in the past 6 months. Of those trades, 0 have been purchases and 5 have been sales.
Here’s a breakdown of recent trading of $DORM stock by insiders over the last 6 months:
- JOHN J GAVIN sold 2,900 shares for an estimated $380,439
- DONNA M. LONG (SVP, CIO) has made 0 purchases and 3 sales selling 2,033 shares for an estimated $282,161.
- GREGORY C. BOWEN (VP, Chief Accounting Officer) sold 1,453 shares for an estimated $236,560
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$DORM Hedge Fund Activity
We have seen 190 institutional investors add shares of $DORM stock to their portfolio, and 152 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FULLER & THALER ASSET MANAGEMENT, INC. added 356,937 shares (+83.6%) to their portfolio in Q2 2025, for an estimated $43,785,461
- PRICE T ROWE ASSOCIATES INC /MD/ added 248,647 shares (+1178.4%) to their portfolio in Q2 2025, for an estimated $30,501,527
- BLACKROCK, INC. removed 217,949 shares (-5.2%) from their portfolio in Q2 2025, for an estimated $26,735,803
- OBERWEIS ASSET MANAGEMENT INC/ removed 208,520 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $25,579,148
- JENNISON ASSOCIATES LLC added 145,758 shares (+24.3%) to their portfolio in Q2 2025, for an estimated $17,880,133
- ARROWMARK COLORADO HOLDINGS LLC removed 132,233 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $16,221,022
- T. ROWE PRICE INVESTMENT MANAGEMENT, INC. removed 128,037 shares (-22.6%) from their portfolio in Q2 2025, for an estimated $15,706,298
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$DORM Analyst Ratings
Wall Street analysts have issued reports on $DORM in the last several months. We have seen 4 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Stephens & Co. issued a "Overweight" rating on 09/30/2025
- BMO Capital issued a "Outperform" rating on 09/18/2025
- Roth Capital issued a "Buy" rating on 08/26/2025
- Wells Fargo issued a "Overweight" rating on 08/22/2025
To track analyst ratings and price targets for $DORM, check out Quiver Quantitative's $DORM forecast page.
$DORM Price Targets
Multiple analysts have issued price targets for $DORM recently. We have seen 4 analysts offer price targets for $DORM in the last 6 months, with a median target of $181.0.
Here are some recent targets:
- Jeffrey Lick from Stephens & Co. set a target price of $185.0 on 09/30/2025
- Tristan Thomas-Martin from BMO Capital set a target price of $180.0 on 09/18/2025
- Scott Stember from Roth Capital set a target price of $182.0 on 08/26/2025
- David Lantz from Wells Fargo set a target price of $175.0 on 08/22/2025
Full Release
COLMAR, Pa., Oct. 22, 2025 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (NASDAQ:DORM) has released the aftermarket’s first-ever, all-new electronic power steering (EPS) rack engineered to fit more than two million Ram pickup trucks. The EPS rack is the culmination of a multi-year research, development, and commercialization effort executed by a cross-functional team across the enterprise.
“Dorman’s unique capabilities allow us to design, engineer, test, and bring to market highly complex assemblies,” said Eric Luftig, Dorman’s Senior Vice President of Product, Engineering, Quality, and Manufacturing. “Our newest Dorman ® OE FIX ® EPS rack is just the most recent example of our commitment to innovation and first-to-the-aftermarket repair solutions. Everything we do is focused on keeping our customers ahead—of repair challenges and evolving vehicle technology. This rack helps keep Ram trucks on the road longer, and—consistent with Dorman’s mission—empowers vehicle owners to choose who completes their repairs.”
The original equipment EPS rack on many 2013-2024 Ram and Ram Classic pickup truck models typically fail over time because of moisture and debris intrusion in the control unit. Options for repairing a damaged or faulty EPS rack in these vehicles were previously limited to replacing the assembly with higher-cost original equipment components, finding and installing a typically high-mileage salvage yard EPS rack, or installing a remanufactured assembly—if a worthwhile one can be found at all.
Regarding the product’s superior level of quality, Luftig stated, “We find that the electronics and other critical assembly components in salvage and remanufactured racks typically see wear and usage that render them a short-term solution. The Dorman EPS rack is an OE FIX-designated part, with improvements to the design and function that can help generate greater performance compared to not only salvage and remanufactured options, but the original manufactured part as well,” Luftig explained.
The new EPS rack has been validated to meet Federal Motor Vehicle Safety Standards and features significant upgrades to help ensure long, reliable service life. Electronics have been redesigned with added surge protection and an improved component layout to reduce heat and electrical interference. A UV40-rated polyurethane protective coating on the printed circuit board has been applied to help resist contamination from water, salt, dust and other harmful contaminants. Installation is designed to be seamless: No dealer programming is needed after installation, thanks to proprietary software developed by Dorman that mimics all original equipment EPS rack functionality and only requires a calibration tool that many independent repair shops already have on hand.
To learn more about this new EPS rack or about Dorman Products, contact us or take the Dorman Virtual Tour .
Contacts
Marketing: Steve Gisondi, Vice President of Marketing, [email protected]
Investor Relations: Alex Whitelam, Vice President, Investor Relations, [email protected]
Visit our website at www.dormanproducts.com . The Investor Relations section of the website contains a significant amount of information about Dorman, including financial and other information for investors. Dorman encourages investors to visit its website periodically to view new and updated information .
About Dorman
Dorman gives professionals, enthusiasts, and owners greater freedom to fix motor vehicles. For over 100 years, we have been driving new solutions, releasing tens of thousands of aftermarket replacement products engineered to save time and money and increase convenience and reliability.
Founded and headquartered in the United States, we are a pioneering global organization offering an always-evolving catalog of products, covering cars, trucks, and specialty vehicles, from chassis to body, from underhood to undercarriage, and from hardware to complex electronics.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “should,” “likely,” “probably,” “anticipates,” “expects,” “intends,” “plans,” “projects,” “believes,” “views,” “estimates,” and similar expressions are used to identify these forward-looking statements. Such forward-looking statements are based on current expectations that involve known and unknown risks, uncertainties, and other factors (many of which are outside of our control) that may cause actual events to be materially different from those expressed or implied by such forward-looking statements. For additional information concerning factors that could cause actual results to differ materially from the information contained in this press release, please see Dorman’s prior press releases and filings with the U.S. Securities and Exchange Commission (“SEC”), including Dorman’s most recent annual report on Form 10-K and its subsequent SEC filings. Dorman is under no obligation to (and expressly disclaims any such obligation to) update any of the information in this press release if any forward-looking statement later turns out to be inaccurate whether as a result of new information, future events, or otherwise.