Telsey Advisory Group Reaffirms Outperform Rating for Holley (NYSE:HLLY)

Holley (NYSE:HLLY)‘s stock had its “outperform” rating reiterated by Telsey Advisory Group in a report issued on Wednesday,Benzinga reports. They currently have a $4.50 price target on the stock. Telsey Advisory Group’s price objective would indicate a potential upside of 85.57% from the company’s previous close. Telsey Advisory Group also issued estimates for Holley’s Q3 2025 earnings at $0.05 EPS, Q4 2025 earnings at $0.09 EPS and FY2025 earnings at $0.32 EPS.

Holley Stock Down 1.0 %

Shares of NYSE:HLLY opened at $2.43 on Wednesday. Holley has a 52-week low of $2.29 and a 52-week high of $4.58. The firm has a fifty day moving average of $2.88 and a 200 day moving average of $2.90. The firm has a market capitalization of $290.51 million, a PE ratio of 18.65 and a beta of 1.44. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.17 and a current ratio of 2.93.

Holley (NYSE:HLLY) last announced its earnings results on Tuesday, March 11th. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.02 by $0.09. Holley had a net margin of 2.55% and a return on equity of 2.59%. The company had revenue of $140.05 million during the quarter, compared to analyst estimates of $137.60 million. During the same period in the previous year, the business earned $0.01 earnings per share. The firm’s quarterly revenue was down 10.1% compared to the same quarter last year. As a group, research analysts anticipate that Holley will post 0.12 EPS for the current fiscal year.

Insider Buying and Selling

In other Holley news, Director David S. Lobel sold 1,743,356 shares of the business’s stock in a transaction on Monday, December 16th. The shares were sold at an average price of $3.00, for a total value of $5,230,068.00. Following the completion of the sale, the director now directly owns 41,556,961 shares of the company’s stock, valued at $124,670,883. The trade was a 4.03 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.92% of the stock is owned by company insiders.

Institutional Trading of Holley

Several hedge funds have recently added to or reduced their stakes in HLLY. US Bancorp DE lifted its stake in Holley by 15.9% in the third quarter. US Bancorp DE now owns 100,979 shares of the company’s stock worth $298,000 after purchasing an additional 13,828 shares during the last quarter. Empowered Funds LLC lifted its stake in Holley by 5.3% in the third quarter. Empowered Funds LLC now owns 248,973 shares of the company’s stock worth $734,000 after purchasing an additional 12,596 shares during the last quarter. Intech Investment Management LLC bought a new stake in Holley in the third quarter worth $41,000. Charles Schwab Investment Management Inc. raised its stake in shares of Holley by 10.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 443,469 shares of the company’s stock valued at $1,308,000 after acquiring an additional 43,053 shares during the last quarter. Finally, Verition Fund Management LLC bought a new position in shares of Holley during the third quarter valued at about $35,000. 39.70% of the stock is owned by institutional investors.

Holley Company Profile

Holley Inc operates as designer, manufacturer, and marketer of automotive aftermarket products for car and truck enthusiasts in the United States, Canada, Europe, and China. Its products span various automotive platforms and sells across multiple channels. The company's performance automotive products include carburetors, fuel pumps, fuel injection systems, nitrous oxide injection systems, superchargers, exhaust headers, mufflers, distributors, ignition components, engine tuners, automotive performance plumbing products; and exhaust products, as well as shifters, converters, transmission kits, transmissions, tuners, and automotive software.