<div id="readability-page-1"><p>Bank of America Corp DE lifted its stake in  Holley Inc. (NYSE:HLLY - Free Report) by 53.4% during the 4th quarter, according to its most recent disclosure with the Securities &amp; Exchange Commission. The firm owned 1,076,956 shares of the company's stock after buying an additional 374,691 shares during the quarter. Bank of America Corp DE owned about 0.90% of Holley worth $3,252,000 as of its most recent filing with the Securities &amp; Exchange Commission.</p><p>Several other institutional investors have also recently made changes to their positions in the business. BNP Paribas Financial Markets bought a new stake in  Holley during the 4th quarter valued at $26,000.  Atria Wealth Solutions Inc. purchased a new stake in shares of  Holley in the fourth quarter worth about $30,000.  Catalyst Funds Management Pty Ltd acquired a new position in  Holley in the 4th quarter worth about $31,000.  Janney Montgomery Scott LLC raised its holdings in shares of  Holley by 25.0% during the fourth quarter. Janney Montgomery Scott LLC now owns 16,035 shares of the company's stock valued at $48,000 after acquiring an additional 3,210 shares during the last quarter.  Finally, Aigen Investment Management LP raised its holdings in shares of  Holley by 22.1% during the fourth quarter. Aigen Investment Management LP now owns 18,693 shares of the company's stock valued at $56,000 after acquiring an additional 3,389 shares during the last quarter. Hedge funds and other institutional investors own  39.70% of the company's stock. </p><h2>Holley Stock Down 2.5%</h2><p>Shares of NYSE:HLLY opened at $1.95 on Friday. Holley Inc. has a 52 week low of $1.60 and a 52 week high of $4.08. The company has a debt-to-equity ratio of 1.20, a quick ratio of 1.17 and a current ratio of 2.93. The company has a market cap of $234.35 million, a PE ratio of 15.00 and a beta of 1.43. The firm has a 50 day simple moving average of $2.20 and a 200 day simple moving average of $2.61. </p><p>Holley (NYSE:HLLY - Get Free Report) last released its quarterly earnings results on Wednesday, May 14th. The company reported $0.02 earnings per share for the quarter, missing analysts' consensus estimates of $0.05 by ($0.03). Holley had a net margin of 2.55% and a return on equity of 2.59%. The business had revenue of $153.04 million for the quarter, compared to the consensus estimate of $148.52 million.  As a group, research analysts expect that  Holley Inc. will post 0.12 earnings per share for the current year. </p><h2>Wall Street Analyst Weigh In</h2><p>Several research firms have recently commented on HLLY. Benchmark lowered Holley from a &#34;buy&#34; rating to a &#34;hold&#34; rating and set a $5.00 price target for the company. in a research report on Friday, May 9th. Raymond James lifted their price objective on Holley from $3.00 to $3.50 and gave the stock an &#34;outperform&#34; rating in a research report on Wednesday, March 12th. Telsey Advisory Group lowered their price objective on shares of Holley from $4.50 to $2.75 and set an &#34;outperform&#34; rating for the company in a research note on Thursday, May 8th. Truist Financial decreased their price objective on shares of Holley from $5.00 to $3.00 and set a &#34;buy&#34; rating for the company in a research report on Monday, April 14th. Finally, Canaccord Genuity Group dropped their price objective on shares of Holley from $6.00 to $5.00 and set a &#34;buy&#34; rating on the stock in a research note on Thursday, May 8th. One investment analyst  has rated the stock with a hold rating and four have assigned  a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of &#34;Moderate Buy&#34; and a consensus target price of $3.85.</p><p><b>View Our Latest Stock Analysis on HLLY</b></p><h2>Holley Profile</h2> (Free Report)<p>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.</p><h2>Featured Articles</h2><ul><li>Five stocks we like better than Holley</li><li>2 Fintech Stocks to Buy Now and 1 to Avoid</li><li>Near 52-Week Lows, These 3 Mid-Cap Stocks Are Worth a Look</li><li>Insider Buying Explained: What Investors Need to Know</li><li>3 Overlooked Dividend Plays for Income in Volatile Times</li><li>What is Short Interest? How to Use It</li><li>AXON: Competition Intensifies as Motorola Makes $4.4B Acquisition</li></ul><p><strong>Want to see what other hedge funds are holding HLLY?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Holley Inc. (NYSE:HLLY - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUhMTFk?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUhMTFk"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Holley Right Now?</h2><p>Before you consider Holley, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Holley wasn't on the list.</p><p>While Holley currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

HLLY

<p>Bank of America Corp DE increased its stake in Holley Inc. (NYSE:HLLY) by 53.4% in Q4, acquiring 374,691 shares, bringing its total to 1,076,956 shares valued at $3.25 million. Other institutional investors also adjusted their positions. Holley shares fell 2.5% to $1.95, with a 52-week range of $1.60 to $4.08. The company reported Q1 earnings of $0.02 per share, missing estimates. Analysts have mixed ratings on Holley, with an average target price of $3.85 and a consensus rating of "Moderate Buy."</p>

- Bank of America Corp DE increased its stake in Holley Inc. by 53.4%, owning 1,076,956 shares valued at $3,252,000 as of the latest SEC filing.  
- Holley reported a quarterly revenue of $153.04 million but missed earnings expectations, with a net margin of 2.55%.  
- Analysts have mixed ratings on Holley, with an average rating of "Moderate Buy" and a consensus target price of $3.85.

Bank of America Corp DE Purchases 374,691 Shares of Holley Inc. (NYSE:HLLY)