HolleyHLLY
Market Cap: $370M
About: Holley Inc is a designer, marketer, and manufacturer of high-performance automotive aftermarket products, featuring a portfolio of iconic brands serving the car and truck industry. It offers a diversified line of performance automotive products including fuel injection systems, tuners, exhaust products, carburetors, safety equipment and various other performance automotive products. The Company's products are designed to enhance street, off-road, recreational and competitive vehicle performance through increased horsepower, torque and drivability. The company's brands include Holley, APR, MSD and Flowmaster, among others. It derives revenue from the U.S. and Italy, of which prime revenue is derived from the U.S.
Employees: 1,633
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
21% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 14
3.08% more ownership
Funds ownership: 40.24% [Q1] → 43.32% (+3.08%) [Q2]
3% more funds holding
Funds holding: 118 [Q1] → 121 (+3) [Q2]
0% more funds holding in top 10
Funds holding in top 10: 3 [Q1] → 3 (+0) [Q2]
3% less repeat investments, than reductions
Existing positions increased: 39 | Existing positions reduced: 40
14% less capital invested
Capital invested by funds: $214M [Q1] → $185M (-$29.1M) [Q2]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Benchmark John Lawrence 60% 1-year accuracy 21 / 35 met price target | 288%upside $12 | Buy Reiterated | 4 Sept 2024 |
Raymond James Joseph Altobello 47% 1-year accuracy 8 / 17 met price target | 38%upside $4.25 | Outperform Maintained | 8 Aug 2024 |
Truist Securities Michael Swartz 44% 1-year accuracy 27 / 61 met price target | 127%upside $7 | Buy Maintained | 8 Aug 2024 |
Canaccord Genuity Brian McNamara 57% 1-year accuracy 16 / 28 met price target | 127%upside $7 | Buy Maintained | 8 Aug 2024 |
Telsey Advisory Group Joseph Feldman 57% 1-year accuracy 96 / 168 met price target | 78%upside $5.50 | Outperform Maintained | 7 Aug 2024 |