Telsey Advisory Group Maintains Holley (HLLY) Outperform Recommendation

Telsey Advisory Group maintained an Outperform rating for Holley (HLLY) on November 7, 2025, setting an average one-year price target of $4.00, which suggests a 10.36% upside from its current $3.62. This positive outlook is underpinned by projected annual revenue of $818 million, a 36.74% increase, and non-GAAP EPS of $0.78. Despite a slight decrease in total institutional shares and the number of fund owners, the average portfolio weight dedicated to HLLY increased by 11.19%, and a bullish put/call ratio of 0.42 indicates positive sentiment among options traders.

Analysis

Telsey Advisory Group maintained an Outperform rating for Holley (HLLY) on November 7, 2025, setting an average one-year price target of $4.00, implying a 10.36% upside from its recent closing price of $3.62. This positive outlook is supported by robust financial projections, including an anticipated annual revenue of $818 million, representing a significant 36.74% year-over-year increase, and a projected non-GAAP EPS of $0.78. These figures suggest strong fundamental growth potential for the company.

Institutional sentiment presents a mixed picture, despite the analyst's positive stance. While the number of funds reporting positions decreased by 6.92% and total institutional shares slightly declined by 0.16% to 76,266K, the average portfolio weight dedicated to HLLY increased by 11.19%. Furthermore, a bullish put/call ratio of 0.42 indicates positive options market sentiment, suggesting underlying optimism among some traders.

Individual institutional movements reveal significant divergence among major holders. Boston Partners notably increased its HLLY shares by 45.90% and portfolio allocation by 32.18%, and Allspring Global Investments increased its allocation by 41.83% despite a minor share reduction. Conversely, Kayne Anderson Rudnick, Blue Owl Capital, and Virtus KAR Small-Cap Growth Fund all significantly reduced their holdings and portfolio allocations by over 29%, indicating varied conviction levels among large investors.

Key Decisions for Investors

• Investors should weigh the positive analyst outlook and strong revenue growth projections against the mixed institutional sentiment.
• Closely monitor future institutional filings for shifts in conviction among major funds.
• Await upcoming earnings reports for confirmation of the projected financial performance and any potential impact on the stock's valuation.