Holley Performance Brands and Callaway Cars announce a partnership to create performance packages for GM trucks and SUVs.
Quiver AI Summary
Holley Performance Brands and Callaway Cars have announced a partnership to create a line of performance packages for GM trucks and SUVs, aiming to enhance their presence in the automotive aftermarket. The collaboration combines Callaway's engineering expertise with Holley’s operational capabilities to deliver high-performance, dealer-approved solutions for popular GM models like the Silverado and Corvette. Holley will spearhead digital sales efforts, while new performance packages will cater to various consumer segments with a range of pricing options. Additionally, a new Callaway Performance Center will be established in Bowling Green, Kentucky, to boost production capacity and availability of these offerings, aligning with the companies' goal to create exciting experiences for automotive enthusiasts.
Potential Positives
- Partnership with Callaway Cars to develop performance packages for GM trucks and SUVs enhances Holley's market reach in the growing automotive performance sector.
- Investment in vehicle development, marketing, and outreach efforts signifies Holley's commitment to expanding its product offerings and customer base.
- Establishment of a new Callaway Performance Center in Bowling Green, Kentucky, will increase production capacity and broaden dealer-backed solutions for customers.
Potential Negatives
- Potential difficulties in executing the outlined business strategy could hinder the partnership’s anticipated growth and profitability, as noted in the forward-looking statements.
- The press release highlights numerous risks and uncertainties regarding Holley’s ability to maintain successful partnerships and effectively manage growth, which may raise concerns among investors and stakeholders.
- The reliance on successful integration and execution could expose the company to operational challenges that might affect product development and market demand.
FAQ
What is the new partnership between Holley Performance Brands and Callaway Cars?
The partnership aims to develop performance packages for popular GM trucks and SUVs, enhancing scalability and vehicle solutions.
Which GM models will the performance packages target?
The packages will primarily focus on Silverado, Sierra, Suburban, Tahoe, Yukon, Escalade, and Corvette models.
How will the partnership benefit automotive enthusiasts?
Enthusiasts will gain access to turnkey, dealer-approved performance solutions, enhancing their vehicles' performance, reliability, and warranty support.
Where will the new Callaway Performance Center be located?
The new center will be established in Bowling Green, Kentucky, alongside existing operations and focus on Corvette and GM offerings.
What experiences will customers have with the new vehicle solutions?
Customers can receive vehicles at select dealerships or participate in immersive delivery experiences designed for performance enthusiasts.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$HLLY Insider Trading Activity
$HLLY insiders have traded $HLLY stock on the open market 1 times in the past 6 months. Of those trades, 0 have been purchases and 1 have been sales.
Here’s a breakdown of recent trading of $HLLY stock by insiders over the last 6 months:
- DAVID S LOBEL sold 802,127 shares for an estimated $1,981,253
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$HLLY Hedge Fund Activity
We have seen 56 institutional investors add shares of $HLLY stock to their portfolio, and 65 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLUE OWL CAPITAL HOLDINGS LP removed 1,205,679 shares (-22.7%) from their portfolio in Q2 2025, for an estimated $2,411,358
- ROUBAIX CAPITAL, LLC removed 1,127,717 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $2,898,232
- BOSTON PARTNERS added 735,168 shares (+28.3%) to their portfolio in Q2 2025, for an estimated $1,470,336
- FRANKLIN RESOURCES INC added 508,108 shares (+inf%) to their portfolio in Q1 2025, for an estimated $1,305,837
- KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC removed 443,823 shares (-5.2%) from their portfolio in Q1 2025, for an estimated $1,140,625
- BANK OF AMERICA CORP /DE/ added 386,434 shares (+35.9%) to their portfolio in Q1 2025, for an estimated $993,135
- GOLDMAN SACHS GROUP INC removed 323,629 shares (-73.0%) from their portfolio in Q1 2025, for an estimated $831,726
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$HLLY Analyst Ratings
Wall Street analysts have issued reports on $HLLY in the last several months. We have seen 5 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Benchmark issued a "Buy" rating on 08/08/2025
- Raymond James issued a "Outperform" rating on 08/07/2025
- Canaccord Genuity issued a "Buy" rating on 08/07/2025
- Telsey Advisory Group issued a "Outperform" rating on 07/31/2025
- Truist Securities issued a "Buy" rating on 04/14/2025
To track analyst ratings and price targets for $HLLY, check out Quiver Quantitative's $HLLY forecast page.
$HLLY Price Targets
Multiple analysts have issued price targets for $HLLY recently. We have seen 5 analysts offer price targets for $HLLY in the last 6 months, with a median target of $3.0.
Here are some recent targets:
- Michael Albanese from Benchmark set a target price of $4.0 on 08/08/2025
- Brian McNamara from Canaccord Genuity set a target price of $6.0 on 08/07/2025
- Joseph Altobello from Raymond James set a target price of $3.0 on 08/07/2025
- Joseph Feldman from Telsey Advisory Group set a target price of $2.75 on 07/31/2025
- Michael Swartz from Truist Securities set a target price of $3.0 on 04/14/2025
Full Release
BOWLING GREEN, Ky., Aug. 12, 2025 (GLOBE NEWSWIRE) -- Holley Performance Brands (NYSE: HLLY), a leader in automotive aftermarket performance solutions, and Callaway Cars , a premier provider of OEM-integrated performance solutions, today announced a partnership to develop and launch a line of performance packages for GM trucks and SUVs. The partnership marks a new era for two automotive aftermarket powerhouses and will focus on building scalable, high-performance vehicle solutions for popular GM models, expanding the companies’ reach in the GM ecosystem and serving more enthusiasts in the Domestic Muscle arena and the rapidly growing Modern Truck & Off-Road space.
Holley Performance Brands and Callaway Cars join forces to deliver performance packages for GM makes and models, bringing turnkey, dealer-approved solutions to even more enthusiasts.
Scaling High-Performance Vehicle Solutions
By combining Callaway’s nearly five decades of renowned engineering, design and craftsmanship with Holley’s robust operational capabilities and extensive market expertise, the company will be able to reach even more enthusiasts with turnkey, dealer-approved solutions across multiple consumer verticals, providing the performance, reliability and warranty support consumers expect.
The performance packages will primarily target vehicles in the GM portfolio, such as Silverado, Sierra, Suburban, Tahoe, Yukon and Escalade, as well as the iconic Corvette. Packages will vary in price, up to premium-level “Pinnacle” versions. Holley will lead the digital and direct-to-consumer (DTC) sales channels, with Callaway continuing their GM dealership outreach.
“As we continue to realize our vision to be the undisputed global leader in the automotive performance aftermarket, this partnership puts us in a strong position to drive growth and deliver category-defining products for the modern enthusiast," said Matthew Stevenson, President & CEO, Holley Performance Brands. “Callaway Cars is a company that seamlessly complements our iconic brands and shares in our desire to bring more performance and fun to enthusiasts everywhere.”
Expanding Availability of Callaway Products
As part of the partnership, Holley is making investments to fund vehicle development, marketing and activation efforts. Project collaboration will include multi-channel outreach campaigns directly connecting with GM dealers and creating visibility of the partnership with auto enthusiasts through Holley’s industry leading social media and e-commerce platforms.
New Callaway Performance Center in Bowling Green, Kentucky
Callaway’s reputation for precision engineering and OEM-integrated performance has its roots in the Chevrolet Corvette, a vehicle that, for decades, has been assembled exclusively by General Motors in Holley’s hometown of Bowling Green, Kentucky.
To leverage the synergies of Callaway with the local Corvette production, Holley and Callaway will establish a new Callaway Performance Center alongside its existing operations in Bowling Green. This new center will focus on the Corvette, as well as GM truck and SUV offerings. These changes will increase production capacity and enable broader availability of dealer-backed solutions for customers.
"My father built Callaway Cars on a foundation of passion and performance," said Pete Callaway, President, Callaway Cars. "Joining Holley in this partnership allows the Callaway Team to take that legacy to the next level, reaching more enthusiasts with complete, high-performance vehicle solutions while maintaining the authenticity and excellence people expect from the Callaway brand."
Growth, Reach and Unmatched Experiences
“By pairing Holley’s deep manufacturing and distribution strength in the performance aftermarket with Callaway Cars’ talent for advanced engineering technologies and innovative product design, we’re delivering complete vehicle solutions that few in the industry can match,” added Stevenson.
As with current Callaway deliveries, customers will still have the option to receive their vehicles at select dealerships nationwide or take part in immersive delivery experiences designed for performance enthusiasts. New experiences will be coming soon to Bowling Green, alongside those already available in Old Lyme, Connecticut and potentially other locations across the Holley Performance Brands footprint.
For more Holley company news, click here .
For more details about Callaway Cars, click here .
Forward Looking Statements
Certain statements in this press release may be considered “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks, uncertainties, and other important factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements, including but not limited to Holley’s ability to (1) execute our business strategy, including monetization of services provided and expansions in and into existing and new lines of business; (2) grow and manage growth profitably; (3) maintain relationships with customers and suppliers; (4) retain our management and key employees; (5) successfully integrate acquisitions or achieve the expected synergies from such acquisitions; (6) successfully design, develop, and market new, effective, and safe products, (7) compete effectively in our market; (8) maintain and strengthen demand for our products and brands; (9) maintain successful and profitable partnerships; (10) achieve expected returns on investments; and (11) the other risks and uncertainties set forth in the Annual Report on Form 10-K for the year ended December 31, 2024 filed with the U.S. Securities and Exchange Commission (“SEC”) on March 14, 2025, and in any subsequent filings with the SEC.
About Holley Performance Brands
Holley Performance Brands (NYSE: HLLY) leads in the design, manufacturing and marketing of high-performance products for automotive enthusiasts. The company owns and manages a portfolio of iconic brands, catering to a diverse community of enthusiasts passionate about the customization and performance of their vehicles. Holley Performance Brands distinguishes itself through a strategic focus on four consumer vertical groupings, including Domestic Muscle, Modern Truck & Off-Road, Euro & Import, and Safety & Racing, ensuring a wide-ranging impact across the automotive aftermarket industry. Renowned for its innovative approach and strategic acquisitions, Holley Performance Brands is committed to enhancing the enthusiast experience and driving growth through innovation. For more information on Holley Performance Brands and its dedication to automotive excellence, visit
https://www.holley.com
.
About Callaway Cars Inc.
Callaway Cars is a global leader in the design, engineering, development and manufacturing of high-performance specialty vehicles and performance products, showcasing technological sophistication, artistry, and craftsmanship. Founded by Reeves Callaway in 1977 and headquartered in Old Lyme, Connecticut, the company distributes Callaway-branded products through a select dealer network. Additionally, the company delivers a full range of contract engineering and manufacturing services for original equipment vehicle manufacturers, with special focus on development of high-performance vehicles, systems and components. Affiliated Callaway companies include composite manufacturer, Callaway Carbon, and GT racing car constructor, Callaway Competition. For more information, visit
callawaycars.com
or call (860) 434-9002.
Holley Media Relations Contact(s)
:
Jordan Moore,
[email protected]
/ Sydney Goggans,
[email protected]
Holley Investor Relations Contact(s):
Anthony Rozmus / Neel Sikka
Solebury Strategic Communications
203-428-3224
[email protected]
Callaway Media Relations Contact
:
Mike Vendetto
Vendetto Marketing Solutions
203-208-2880
[email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/8c43f37e-c3ff-40df-82ee-6b296c334142