Ferrari N.V. $RACE Shares Acquired by Vanguard Group Inc.

Vanguard Group Inc. lifted its position in shares of Ferrari N.V. (NYSE:RACE) by 1.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 5,213,450 shares of the company’s stock after acquiring an additional 58,506 shares during the period. Vanguard Group Inc.’s holdings in Ferrari were worth $1,937,388,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. AQR Capital Management LLC increased its position in Ferrari by 78.9% during the 1st quarter. AQR Capital Management LLC now owns 3,568 shares of the company’s stock worth $1,527,000 after purchasing an additional 1,574 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Ferrari by 31.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 194 shares of the company’s stock worth $82,000 after buying an additional 46 shares in the last quarter. Woodline Partners LP acquired a new position in shares of Ferrari in the first quarter valued at approximately $1,519,000. Sivia Capital Partners LLC boosted its position in Ferrari by 67.5% during the second quarter. Sivia Capital Partners LLC now owns 913 shares of the company’s stock worth $448,000 after acquiring an additional 368 shares during the last quarter. Finally, Rhumbline Advisers boosted its position in Ferrari by 7.5% during the second quarter. Rhumbline Advisers now owns 1,370 shares of the company’s stock worth $672,000 after acquiring an additional 96 shares during the last quarter.

Ferrari News Summary

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Long-term investor thesis: a deep-dive argues Ferrari remains the “widest moat” in autos — strong brand, pricing power and rarity of its product support long-term margins and cash generation, which is bullish for long-term holders. Ferrari: Still the Widest Moat in Auto?
• Neutral Sentiment: Potential sporting upside if driver/lineup changes pay off: commentary suggests a top driver could deliver race wins for Ferrari under the right conditions — positive for brand exposure but uncertain short-term impact. Lewis Hamilton backed for F1 race victories with Ferrari – with one caveat
• Neutral Sentiment: Team narrative: coverage of Lewis Hamilton’s recent setbacks and recovery frames Ferrari’s on-track challenges as fixable but highlights execution risk — relevant for brand perception more than immediate financials. Lewis Hamilton Survived His Ferrari Nightmare. Now Comes the Hard Part
• Neutral Sentiment: Team dynamics: Carlos Sainz’s radio outburst during a race is getting attention — a potential reputational/management headline but unlikely to move fundamentals on its own. How Carlos Sainz’s radio outburst against Ferrari during maiden win didn’t go down well
• Neutral Sentiment: Product/track incident: a video of a Ferrari 296 almost losing grip drew attention — PR/brand visibility but limited direct financial impact unless recurring safety issues emerge. Ferrari 296 almost loses grip on race track corner
• Negative Sentiment: Earnings risk: previews from Zacks ahead of Ferrari’s upcoming report suggest the company lacks the right setup for a likely earnings beat, raising near-term downside risk to the stock if results or guidance disappoint. Ferrari (RACE) Reports Next Week: Wall Street Expects Earnings Growth
• Negative Sentiment: Technical/regulation headwinds: former drivers and analysts warn recent F1 rule and FIA engine changes could erode Ferrari’s start/track advantages — if true, that could weaken race results and related brand halo in the near term. Montoya predicts Ferrari to lose key advantage at Miami GP after F1 rule change Will the FIA engine changes wipe out Ferrari start advantage over Mercedes?
• Negative Sentiment: Driver pressure: profiles on Charles Leclerc frame this as a “now-or-never” moment — heightened driver pressure raises execution risk on track, which can quickly affect investor sentiment tied to racing performance. Leclerc facing ‘now or never’ moment as Ferrari pressure grows

Analyst Ratings Changes

RACE has been the topic of a number of analyst reports. JPMorgan Chase & Co. raised their target price on shares of Ferrari from $407.00 to $447.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 3rd. HSBC restated a “hold” rating on shares of Ferrari in a report on Tuesday, January 13th. Morgan Stanley set a $420.00 price target on Ferrari in a report on Monday, February 16th. Weiss Ratings restated a “hold (c)” rating on shares of Ferrari in a report on Friday, April 10th. Finally, Citigroup upgraded Ferrari from a “sell” rating to a “neutral” rating in a report on Thursday, February 12th. Three equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $469.06.

Ferrari Stock Performance

Ferrari stock opened at $337.63 on Thursday. The stock’s 50 day moving average price is $347.70 and its 200 day moving average price is $366.53. The firm has a market capitalization of $78.99 billion, a PE ratio of 33.39, a price-to-earnings-growth ratio of 3.29 and a beta of 1.00. The company has a debt-to-equity ratio of 0.74, a quick ratio of 4.38 and a current ratio of 5.70. Ferrari N.V. has a one year low of $312.51 and a one year high of $519.10.

Ferrari Increases Dividend

The firm also recently announced an annual dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Tuesday, April 21st will be given a $3.615 dividend. This represents a dividend yield of 119.0%. The ex-dividend date of this dividend is Tuesday, April 21st. This is a positive change from Ferrari’s previous annual dividend of $3.13. Ferrari’s dividend payout ratio is currently 5.09%.

Ferrari Profile

Ferrari N.V. (NYSE: RACE) is an Italian luxury sports car manufacturer best known for designing, engineering and selling high-performance automobiles under the Ferrari marque. The company’s core business centers on the development and manufacture of premium sports cars and limited-series models, complemented by personalization and bespoke engineering services for high-net-worth clients. Ferrari also generates revenue from brand licensing, the sale of spare parts and accessories, aftersales services, and curated client experiences such as driving programs and factory visits.

Founded from the automotive activities of Enzo Ferrari, the first cars bearing the Ferrari name emerged in the late 1940s; the brand has since built a reputation for performance, craftsmanship and exclusivity.