K.J. Harrison & Partners Inc acquired a new position in shares of Ferrari N.V. (NYSE:RACE – Free Report) in the fourth quarter, Holdings Channel reports. The firm acquired 5,200 shares of the company’s stock, valued at approximately $1,922,000.
A number of other hedge funds have also recently made changes to their positions in RACE. Bank of New York Mellon Corp lifted its stake in shares of Ferrari by 63.7% during the 3rd quarter. Bank of New York Mellon Corp now owns 2,670,762 shares of the company’s stock worth $1,295,907,000 after purchasing an additional 1,039,234 shares during the last quarter. Groupama Asset Managment lifted its stake in shares of Ferrari by 5.7% during the 3rd quarter. Groupama Asset Managment now owns 16,990,621 shares of the company’s stock worth $8,244,189,000 after purchasing an additional 916,821 shares during the last quarter. Ninety One UK Ltd purchased a new stake in shares of Ferrari during the 4th quarter worth $338,785,000. Viking Global Investors LP lifted its stake in shares of Ferrari by 432.7% during the 2nd quarter. Viking Global Investors LP now owns 721,269 shares of the company’s stock worth $353,526,000 after purchasing an additional 585,872 shares during the last quarter. Finally, Credit Agricole S A purchased a new stake in Ferrari in the third quarter valued at about $279,003,000.
Wall Street Analysts Forecast Growth
A number of equities research analysts have commented on RACE shares. Jefferies Financial Group upgraded Ferrari from a “hold” rating to a “buy” rating in a research note on Tuesday, March 31st. Sanford C. Bernstein reiterated an “outperform” rating and issued a $410.00 price target on shares of Ferrari in a research note on Wednesday, February 11th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Ferrari in a research note on Wednesday, February 11th. UBS Group decreased their price target on Ferrari from $555.00 to $483.00 and set a “buy” rating for the company in a research note on Wednesday, April 1st. Finally, Zacks Research upgraded Ferrari from a “strong sell” rating to a “hold” rating in a research note on Monday, February 2nd. Three investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $469.06.
Ferrari Trading Up 3.2%
Ferrari stock opened at $335.91 on Thursday. Ferrari N.V. has a one year low of $312.51 and a one year high of $519.10. The stock has a market cap of $78.59 billion, a PE ratio of 32.23, a price-to-earnings-growth ratio of 3.17 and a beta of 0.95. The company has a debt-to-equity ratio of 0.74, a quick ratio of 4.38 and a current ratio of 5.70. The stock has a 50-day moving average of $346.05 and a two-hundred day moving average of $365.35.
Ferrari Increases Dividend
The company also recently disclosed an annual dividend, which was paid on Tuesday, May 5th. Stockholders of record on Tuesday, April 21st were paid a $3.615 dividend. The ex-dividend date was Tuesday, April 21st. This is a positive change from Ferrari’s previous annual dividend of $3.13. This represents a dividend yield of 119.0%.
Key Stories Impacting Ferrari
Here are the key news stories impacting Ferrari this week:
- Positive Sentiment: Q1 results showed growth in revenue, EBITDA and EPS with margin expansion and robust industrial free cash flow — a clean fundamental beat/beat-and-in-line set of metrics that supports valuation. ANOTHER QUARTER OF STRONG MIX – 2026 GUIDANCE CONFIRMED
- Positive Sentiment: Management confirmed full-year 2026 guidance and said the order book now extends toward end-2027 — a demand signal ahead of the May 25 Ferrari Luce (EV-related) premiere that supports longer-term growth expectations. Ferrari confirms full-year guidance as order book extends
- Positive Sentiment: Analyst and commentary pieces highlight the investment case: premium mix, personalization revenue and an upcoming EV debut are cited as drivers of margin resilience. Ferrari: Strong Start Reinforces Investment Case
- Neutral Sentiment: Management said deliveries were intentionally slightly lower (model changeover), which supports mix and margins but reduces near-term volume — a strategic trade-off investors should watch. Ferrari slides 3.5% after Q1 results
- Neutral Sentiment: SEC Form 6‑K, earnings presentation and call transcript are available — useful for investors who want the primary disclosures and management tone. Ferrari Files Q1 2026 Interim Financial Report with U.S. SEC
- Negative Sentiment: Currency headwinds, new U.S. tariffs and disruption from the Middle East pressured shipments and were flagged by management — these are near-term margin/volume risk factors that investors are discounting. Ferrari Finds Workaround For Middle East Snags
- Negative Sentiment: Although guidance was reconfirmed, the FY EPS range sat a touch below some consensus expectations — and several large institutional holders reduced positions in prior quarters, which can amplify sell-the-news moves. Ferrari N.V. (RACE) stock falls on Q1 2026 Earnings
- Negative Sentiment: Off-track headlines (driver comments and calls for internal investigations) add minor reputational noise but are unlikely to materially affect fundamentals. ‘It’s strange’ – Leclerc reacts to Ferrari milestone
About Ferrari
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.
Further Reading
Want to see what other hedge funds are holding RACE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Ferrari N.V. (NYSE:RACE – Free Report).
Receive News & Ratings for Ferrari Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ferrari and related companies with MarketBeat.com's FREE daily email newsletter.
