--- title: "Bank of America Corp DE Purchases 374,691 Shares of Holley Inc. (NYSE:HLLY)" description: "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 inv" type: "news" locale: "en" url: "https://longbridge.com/en/news/242703958.md" published_at: "2025-06-01T07:22:26.000Z" --- # Bank of America Corp DE Purchases 374,691 Shares of Holley Inc. (NYSE:HLLY) > 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." 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 & 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 & Exchange Commission. 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. ## Holley Stock Down 2.5% 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. 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. ## Wall Street Analyst Weigh In Several research firms have recently commented on HLLY. Benchmark lowered Holley from a "buy" rating to a "hold" 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 "outperform" 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 "outperform" 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 "buy" 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 "buy" 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 "Moderate Buy" and a consensus target price of $3.85. **View Our Latest Stock Analysis on HLLY** ## Holley Profile (Free Report) 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. ## Featured Articles - Five stocks we like better than Holley - 2 Fintech Stocks to Buy Now and 1 to Avoid - Near 52-Week Lows, These 3 Mid-Cap Stocks Are Worth a Look - Insider Buying Explained: What Investors Need to Know - 3 Overlooked Dividend Plays for Income in Volatile Times - What is Short Interest? How to Use It - AXON: Competition Intensifies as Motorola Makes $4.4B Acquisition **Want to see what other hedge funds are holding HLLY?** Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Holley Inc. (NYSE:HLLY - Free Report). *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.* ## Should You Invest $1,000 in Holley Right Now? Before you consider Holley, you'll want to hear this. 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. While Holley currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks Here ### Related Stocks - [HLLY.US - Holley](https://longbridge.com/en/quote/HLLY.US.md) - [BAC.US - Bank of America](https://longbridge.com/en/quote/BAC.US.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | 本轮 AI 大清洗，财富管理平台被错杀了？ | 随着 AI 税务规划工具的推出，财富管理平台股价承压，市场情绪恐慌。美银美林的研报指出，这一抛售是情绪化的错杀，AI 是增强而非替代顾问的工具。高净值客户仍需人类顾问的专业建议，AI 的价值在于提升效率。报告认为，具备高净值客户基础、积极嵌 | [Link](https://longbridge.com/en/news/275890826.md) | | 资产大轮动正在发生！美银 Hartnett：美国政策催生 “一切皆可、美元除外” 交易！ | 美银策略师 Hartnett 表示，全球资金正加速逃离美元资产，一场结构性大轮动已然启动。美股及科技巨头不再是唯一避风港，资金向新兴市场、大宗商品及国际股市分流，他将当前交易概括为 “除了美元，买什么都行”，并认为这是对 “新世界秩序” 的 | [Link](https://longbridge.com/en/news/275893979.md) | | Meta 加码英伟达：未来数年部署数百万颗芯片，首次采用 Grace CPU | 根据周二发布的声明，Meta 承诺将使用更多来自英伟达的 AI 处理器和网络设备。同时，Meta 还将首次在其独立计算机的核心部件采用英伟达的 Grace CPU。此次部署将涵盖基于英伟达当前 Blackwell 架构，以及即将推出的 Ve | [Link](https://longbridge.com/en/news/276177748.md) | | 英格索兰｜10-K：2025 财年营收 76.51 亿美元超过预期 | | [Link](https://longbridge.com/en/news/276172246.md) | | 华尔街重回 “镀金时代”：六大行掌门人年薪均超 4000 万，刷新 08 年危机后上限 | 华尔街六大银行首席执行官的年薪均超过 4000 万美元，刷新了 2008 年金融危机后的纪录。美国银行 CEO Brian Moynihan 薪酬 4100 万美元，花旗银行 CEO Jane Fraser 薪酬 4200 万美元。行业盈利 | [Link](https://longbridge.com/en/news/276004958.md) | --- > **Disclaimer**: This article is for reference only and does not constitute any investment advice.