<div id="readability-page-1"><p><span>Holley (NYSE:HLLY - Get Free Report)</span> had its price objective raised by research analysts at DA Davidson  from $3.00 to $4.50 in a research note issued on Monday,Benzinga reports. The firm presently has a &#34;neutral&#34; rating on the stock. DA Davidson's price objective suggests a potential upside of 23.97% from the company's current price.</p><p>A number of other research firms have also recently weighed in on HLLY. Telsey Advisory Group upped their price target on shares of Holley from $3.50 to $5.00 and gave the stock an &#34;outperform&#34; rating in a research note on Friday. Benchmark upped their target price on shares of Holley from $4.00 to $4.50 and gave the stock a &#34;buy&#34; rating in a research report on Monday. Raymond James Financial increased their target price on shares of Holley from $2.25 to $3.00 and gave the company an &#34;outperform&#34; rating in a report on Thursday, August 7th. Wall Street Zen upgraded shares of Holley from a &#34;hold&#34; rating to a &#34;buy&#34; rating in a research report on Saturday, August 9th. Finally, Canaccord Genuity Group raised their price target on Holley from $5.00 to $6.00 and gave the stock a &#34;buy&#34; rating in a research report on Thursday, August 7th. Five research analysts have rated the stock with a Buy rating, one  has issued  a Hold rating and one  has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of &#34;Moderate Buy&#34; and an average price target of $4.50.</p><p><b>Get Our Latest Analysis on HLLY</b></p><h2>Holley Stock Up 0.3%</h2><p>NYSE HLLY traded up $0.01 during trading hours on Monday, hitting $3.63. 2,205,562 shares of the company were exchanged, compared to its average volume of 689,281. The firm has a market cap of $437.42 million, a price-to-earnings ratio of -16.50 and a beta of 1.36. The company has a quick ratio of 1.18, a current ratio of 2.93 and a debt-to-equity ratio of 1.24. The company has a 50 day moving average of $3.17 and a two-hundred day moving average of $2.67. Holley has a 52-week low of $1.60 and a 52-week high of $4.09. </p><p>Holley (NYSE:HLLY - Get Free Report) last released its quarterly earnings results on Friday, November 7th. The company reported $0.03 EPS for the quarter, missing the consensus estimate of $0.04 by ($0.01). The company had revenue of $138.37 million for the quarter, compared to analysts' expectations of $132.36 million. Holley had a positive return on equity of 6.80% and a negative net margin of 4.16%. Holley has set its FY 2025 guidance at  EPS. Equities research analysts anticipate that  Holley will post 0.12 earnings per share for the current year. </p><h2>Insider Transactions at Holley</h2><p>In other Holley news, Director David S. Lobel sold 2,100,000 shares of the company's stock in a transaction dated Thursday, September 18th. The stock was sold at an average price of $2.63, for a total transaction of $5,523,000.00. Following the completion of the sale, the director directly owned 24,654,834 shares in the company, valued at $64,842,213.42. This represents a 7.85% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Company insiders own  0.92% of the company's stock. </p><h2>Institutional Investors Weigh In On Holley</h2><p>Hedge funds and other institutional investors have recently bought and sold shares of the business. Allspring Global Investments Holdings LLC raised its position in shares of  Holley by 2.7% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 10,613,820 shares of the company's stock valued at $22,289,000 after purchasing an additional 275,838 shares in the last quarter.  Boston Partners increased its stake in shares of  Holley by 84.8% in the second quarter. Boston Partners now owns 4,807,536 shares of the company's stock worth $9,615,000 after buying an additional 2,206,737 shares during the last quarter.  Vanguard Group Inc. raised its holdings in  Holley by 3.1% in the third quarter. Vanguard Group Inc. now owns 3,677,058 shares of the company's stock valued at $11,546,000 after acquiring an additional 110,170 shares in the last quarter.  Bank of America Corp DE boosted its stake in  Holley by 2.4% during the 2nd quarter. Bank of America Corp DE now owns 1,498,337 shares of the company's stock valued at $2,997,000 after acquiring an additional 34,947 shares during the last quarter.  Finally, Geode Capital Management LLC grew its holdings in  Holley by 9.0% during the 2nd quarter. Geode Capital Management LLC now owns 1,320,321 shares of the company's stock worth $2,641,000 after acquiring an additional 108,964 shares in the last quarter. 39.70% of the stock is currently owned by hedge funds and other institutional investors. </p><h2>About Holley</h2> (Get 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>Further Reading</h2><ul><li>Five stocks we like better than Holley</li><li>What is the Shanghai Stock Exchange Composite Index?</li><li>Monday.com Opens Generational Opportunity With Manic Sell-Off</li><li>The Risks of Owning Bonds</li><li>An Earnings Win With a Stock Slump: What's Happening With D-Wave?</li><li>The 3 Best Blue-Chip Stocks to Buy Now</li><li>3 Stocks Showing Relative Strength as Markets Pull Back</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUhMTFk?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.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 reporting and unbiased coverage. 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>DA Davidson has raised its price target for Holley (NYSE:HLLY) from $3.00 to $4.50, maintaining a "neutral" rating. This suggests a potential upside of 23.97% from the current price. Other firms have also increased their targets, with Telsey Advisory Group setting it at $5.00 and Benchmark at $4.50. Holley shares traded at $3.63, with a market cap of $437.42 million. The company reported a quarterly EPS of $0.03, missing estimates, and anticipates a FY 2025 EPS of $0.12.</p>

DA Davidson Increases Holley (NYSE:HLLY) Price Target to $4.50