Banque Transatlantique SA Acquires Shares of 29,772 Ferrari N.V. $RACE

Banque Transatlantique SA bought a new stake in Ferrari N.V. (NYSE:RACE) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 29,772 shares of the company’s stock, valued at approximately $14,466,000.

Other large investors also recently added to or reduced their stakes in the company. AQR Capital Management LLC increased its position in Ferrari by 78.9% during the first quarter. AQR Capital Management LLC now owns 3,568 shares of the company’s stock worth $1,527,000 after acquiring an additional 1,574 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Ferrari by 31.1% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 194 shares of the company’s stock worth $82,000 after purchasing an additional 46 shares during the last quarter. Woodline Partners LP bought a new position in shares of Ferrari during the 1st quarter worth about $1,519,000. Sivia Capital Partners LLC increased its holdings in shares of Ferrari by 67.5% during the 2nd quarter. Sivia Capital Partners LLC now owns 913 shares of the company’s stock worth $448,000 after purchasing an additional 368 shares during the period. Finally, Savant Capital LLC raised its position in shares of Ferrari by 55.0% during the second quarter. Savant Capital LLC now owns 1,370 shares of the company’s stock valued at $672,000 after buying an additional 486 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on RACE shares. Royal Bank Of Canada reissued an “outperform” rating on shares of Ferrari in a research report on Wednesday, February 11th. Loop Capital set a $481.67 target price on Ferrari in a research report on Thursday, December 4th. The Goldman Sachs Group raised Ferrari to a “strong-buy” rating in a research note on Monday, November 24th. Sanford C. Bernstein reiterated an “outperform” rating and set a $410.00 price objective on shares of Ferrari in a research note on Wednesday, February 11th. Finally, Jefferies Financial Group reissued a “hold” rating on shares of Ferrari in a report on Wednesday, February 11th. Three equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, Ferrari has a consensus rating of “Moderate Buy” and a consensus target price of $475.61.

Ferrari Stock Performance

Shares of Ferrari stock opened at $332.56 on Friday. The firm has a market capitalization of $77.80 billion, a P/E ratio of 32.89, a P/E/G ratio of 3.27 and a beta of 0.97. Ferrari N.V. has a fifty-two week low of $328.00 and a fifty-two week high of $519.10. The company has a debt-to-equity ratio of 0.74, a current ratio of 5.70 and a quick ratio of 4.38. The company’s 50 day moving average price is $355.52 and its two-hundred day moving average price is $398.36.

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 issued a dividend of $3.615 per share. This represents a yield of 99.0%. 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.

Trending Headlines about Ferrari

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Ferrari will debut a rotating “Macarena” rear wing in China, showing aggressive aero innovation that could improve race pace if effective. Article Title
• Positive Sentiment: Multiple outlets report Ferrari experimenting with new winglets (including a halo winglet) in China — continued on-track development may provide performance upside later in the season. Article Title
• Positive Sentiment: F1 coverage includes lifestyle/brand pieces (a day in the life of a Ferrari racing driver, Leclerc features) that support Ferrari’s premium brand and fan engagement. Article Title
• Neutral Sentiment: Ferrari is sharing technical info with customer team Haas; this collaboration manages relationships but raises questions about competitive leverage. Article Title
• Neutral Sentiment: Debate continues in media and among drivers about the Ferrari vs Mercedes dynamic — mixed commentary from Hamilton and Russell frames uncertain competitive outlook. Article Title
• Negative Sentiment: High-profile criticism: Lewis Hamilton and others say Ferrari is losing significant time to Mercedes due to engine/power-unit disadvantage — a direct hit to race-winning prospects. Article Title
• Negative Sentiment: Calls from rivals and media for Ferrari to close the PU deficit increase pressure on technical and management teams; investors may worry about costly development needs or short-term underperformance. Article Title
• Negative Sentiment: Race execution questioned after Australian GP strategy reviews and comments that Ferrari’s calls “robbed” them of a better result — operational miscues can depress short-term results and sentiment. Article Title
• Negative Sentiment: Drivers and pundits accuse Ferrari of obstructing rule-change talks and failing to learn from rivals’ mistakes — governance/PR friction could weigh on brand and on-track cooperation. Article Title

Ferrari Company 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.