Caprock Group LLC Makes New Investment in Ferrari N.V. $RACE

Caprock Group LLC acquired a new position in shares of Ferrari N.V. (NYSE:RACE) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 3,110 shares of the company’s stock, valued at approximately $1,484,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Groupama Asset Managment lifted its position in shares of Ferrari by 24,598.5% during the 2nd quarter. Groupama Asset Managment now owns 16,073,800 shares of the company’s stock worth $7,888,057,000 after purchasing an additional 16,008,720 shares during the last quarter. Norges Bank acquired a new stake in Ferrari during the 2nd quarter valued at $885,051,000. Bank of New York Mellon Corp boosted its position in Ferrari by 63.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 2,670,762 shares of the company’s stock valued at $1,295,907,000 after buying an additional 1,039,234 shares during the last quarter. Viking Global Investors LP boosted its stake in Ferrari by 432.7% in the second quarter. Viking Global Investors LP now owns 721,269 shares of the company’s stock valued at $353,526,000 after acquiring an additional 585,872 shares during the last quarter. Finally, American Century Companies Inc. acquired a new position in Ferrari in the second quarter valued at about $109,526,000.

Key Headlines Impacting Ferrari

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Loomis Sayles’ Global Growth Fund added Ferrari, citing strategic fit and long-term cash-flow potential — a strong institutional endorsement that can support demand for the stock. Loomis Sayles Global Growth Fund Picked Ferrari N.V. (RACE) on Strategic Fit
• Positive Sentiment: Ferrari was fastest in Bahrain F1 testing, reinforcing the brand’s competitive edge and marketing tailwinds that support luxury pricing, desirability, and future demand for road cars and licensing. Ferrari fastest; Red Bull, Mercedes in trouble as Bahrain F1 test day two begins
• Positive Sentiment: Management reiterated growth on the Q4 earnings call, noting underlying expansion despite a noticeable FX drag — suggests core operations remain healthy even if currency swings pressure reported results. Ferrari NV Earnings Call: Growth Despite FX Drag
• Neutral Sentiment: Barron’s highlights Exor as a value way to get Ferrari exposure — indirect investor interest in Ferrari via parent/shareholder structures can affect demand but is not a direct company catalyst. Buy This Stock to Own a Piece of Ferrari. It’s a Low-Risk Bet for Value Seekers.
• Neutral Sentiment: Zacks ran a valuation comparison between China Yuchai (CYD) and Ferrari (RACE) — useful for relative-value screens but unlikely to move RACE materially on its own. CYD vs. RACE: Which Stock Is the Better Value Option?
• Neutral Sentiment: Headline comparison pieces (e.g., Aeva vs. Ferrari) are peripheral investor reading and don’t materially affect Ferrari fundamentals. Head-To-Head Comparison: Aeva Technologies (NASDAQ:AEVA) & Ferrari (NYSE:RACE)
• Negative Sentiment: Multiple media reports cover internal F1 turmoil — including comments that an in-season race engineer change could be “detrimental” and that a new race engineer is still being finalized. These operational/PR headwinds risk denting short-term sentiment around Ferrari’s marquee racing program, which often influences brand perception and retail demand. Lewis Hamilton’s new Ferrari race engineer yet to be finalized, under a month before new F1 season

Ferrari Stock Down 3.2%

Shares of Ferrari stock opened at $378.83 on Friday. The company’s fifty day simple moving average is $360.34 and its two-hundred day simple moving average is $411.32. The company has a current ratio of 4.90, a quick ratio of 3.78 and a debt-to-equity ratio of 0.76. The company has a market cap of $91.82 billion, a P/E ratio of 37.47, a PEG ratio of 3.64 and a beta of 0.99. Ferrari N.V. has a 12-month low of $328.00 and a 12-month high of $519.10.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. HSBC reissued a “hold” rating on shares of Ferrari in a research report on Tuesday, January 13th. UBS Group lowered their price target on shares of Ferrari from $563.00 to $555.00 and set a “buy” rating on the stock in a report on Friday, January 9th. Loop Capital set a $481.67 price objective on shares of Ferrari in a research note on Thursday, December 4th. The Goldman Sachs Group raised Ferrari to a “strong-buy” rating in a report on Monday, November 24th. Finally, Sanford C. Bernstein reissued an “outperform” rating and issued a $410.00 target price on shares of Ferrari in a report on Wednesday. Three investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $482.17.

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.