William Blair Comments on Holley's Q2 Earnings (NYSE:HLLY)

Holley Inc. (NYSE:HLLY - Free Report) - Equities research analysts at William Blair reduced their Q2 2025 earnings per share estimates for shares of Holley in a report issued on Wednesday, May 7th. William Blair analyst P. Blee now expects that the company will post earnings of $0.09 per share for the quarter, down from their prior estimate of $0.11. The consensus estimate for Holley's current full-year earnings is $0.12 per share. William Blair also issued estimates for Holley's Q4 2025 earnings at $0.06 EPS and FY2026 earnings at $0.29 EPS.

HLLY has been the subject of a number of other reports. Benchmark cut Holley from a "buy" rating to a "hold" rating and set a $5.00 price target for the company. in a research note on Friday, May 9th. Raymond James lifted their target price on shares of Holley from $3.00 to $3.50 and gave the stock an "outperform" rating in a research note on Wednesday, March 12th. Telsey Advisory Group cut their price target on shares of Holley from $4.50 to $2.75 and set an "outperform" rating on the stock in a research note on Thursday, May 8th. Truist Financial decreased their price target on shares of Holley from $5.00 to $3.00 and set a "buy" rating for the company in a 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 report on Thursday, May 8th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $3.85.

Holley Stock Performance

Shares of HLLY remained flat at $2.18 during midday trading on Friday. The stock had a trading volume of 517,029 shares, compared to its average volume of 441,373. The company has a quick ratio of 1.17, a current ratio of 2.93 and a debt-to-equity ratio of 1.20. The firm has a market cap of $261.51 million, a PE ratio of 16.77 and a beta of 1.43. Holley has a 12-month low of $1.60 and a 12-month high of $4.08. The company's 50-day moving average is $2.31 and its two-hundred day moving average is $2.67.

Holley (NYSE:HLLY - Get Free Report) last released its quarterly earnings data on Wednesday, May 14th. The company reported $0.02 earnings per share for the quarter, missing the consensus estimate of $0.05 by ($0.03). The firm had revenue of $153.04 million during the quarter, compared to the consensus estimate of $148.52 million. Holley had a net margin of 2.55% and a return on equity of 2.59%.

Hedge Funds Weigh In On Holley

Hedge funds and other institutional investors have recently bought and sold shares of the business. Boston Partners purchased a new position in shares of Holley during the 4th quarter valued at about $4,746,000. Bamco Inc. NY raised its position in Holley by 33.3% during the fourth quarter. Bamco Inc. NY now owns 4,000,000 shares of the company's stock valued at $12,080,000 after acquiring an additional 1,000,000 shares in the last quarter. Russell Investments Group Ltd. lifted its holdings in Holley by 12,719.0% in the fourth quarter. Russell Investments Group Ltd. now owns 819,136 shares of the company's stock valued at $2,474,000 after acquiring an additional 812,746 shares during the period. Mink Brook Asset Management LLC acquired a new stake in shares of Holley during the 4th quarter worth approximately $1,666,000. Finally, Blue Owl Capital Holdings LP increased its holdings in shares of Holley by 17.3% during the 4th quarter. Blue Owl Capital Holdings LP now owns 2,990,294 shares of the company's stock valued at $9,031,000 after purchasing an additional 440,040 shares in the last quarter. Institutional investors and hedge funds own 39.70% of the company's stock.

About Holley

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.