Central Pacific Bank Trust Division Buys 1,770 Shares of Ferrari N.V. $RACE

Central Pacific Bank Trust Division raised its stake in shares of Ferrari N.V. (NYSE:RACE) by 823.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,985 shares of the company’s stock after purchasing an additional 1,770 shares during the quarter. Central Pacific Bank Trust Division’s holdings in Ferrari were worth $734,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of RACE. Mather Group LLC. bought a new stake in shares of Ferrari during the 3rd quarter valued at about $27,000. Westside Investment Management Inc. raised its stake in Ferrari by 100.0% in the third quarter. Westside Investment Management Inc. now owns 56 shares of the company’s stock worth $27,000 after buying an additional 28 shares in the last quarter. Root Financial Partners LLC bought a new position in Ferrari in the third quarter worth about $28,000. Newbridge Financial Services Group Inc. purchased a new stake in Ferrari in the second quarter worth about $30,000. Finally, Community Bank N.A. purchased a new stake in Ferrari in the third quarter worth about $33,000.

Ferrari Price Performance

Shares of NYSE RACE opened at $314.40 on Friday. The company has a 50 day simple moving average of $350.97 and a two-hundred day simple moving average of $392.56. Ferrari N.V. has a fifty-two week low of $312.51 and a fifty-two week high of $519.10. The company has a market capitalization of $73.55 billion, a price-to-earnings ratio of 31.09, a P/E/G ratio of 3.07 and a beta of 0.97. 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 Increases Dividend

The business 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 $3.615 dividend. This represents a yield of 99.0%. This is a positive change from Ferrari’s previous annual dividend of $3.13. The ex-dividend date of this dividend is Tuesday, April 21st.

Ferrari News Roundup

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Inclusion on buy lists and bullish analyst themes underscore long‑term investor interest in Ferrari’s controlled‑scarcity model and strong resale/loyalty metrics — a structural support for valuation. 5 Best Auto Manufacturer Stocks to Buy According to Analysts
• Neutral Sentiment: In‑depth Seeking Alpha piece: reiterates Ferrari’s “luxury flywheel” (high owner repeat rate, personalization revenue), but flags the upcoming full‑EV program (“Luce”) as the key brand test of the decade — supportive on brand economics, while highlighting execution/valuation risk. Ferrari: The Luxury Flywheel Seems Intact But “Luce” Is The Brand Test Of The Decade
• Neutral Sentiment: Racing and marketing items (driver Rigon returning to Risi, F1 technical updates like the “macarena” rear wing, and drag‑race videos) sustain brand visibility and fan engagement — positive for long‑term brand equity but limited direct impact on near‑term financials. Ferrari’s Rigon relishing Risi return
• Neutral Sentiment: Comparative/value pieces (ALSN vs RACE, drag‑race clips vs Lamborghini/McLaren) are background content for investors assessing relative valuation and product perception but don’t change fundamentals. ALSN vs. RACE: Which Stock Is the Better Value Option?
• Negative Sentiment: Market commentary suggests the recent share pullback reflects a broader de‑risking: investors trimming premium multiples after guidance and an analyst pivot that emphasized limited upside if Ferrari maintains strict scarcity vs. higher unit growth. This dynamic can pressure the stock absent clear upside to volumes or EV visibility. Ferrari slips as investors weigh analyst caution and post-guidance valuation reset
• Negative Sentiment: Coverage questioning Ferrari’s EV stance versus competitors (e.g., piece comparing Ferrari and Lamborghini strategies) highlights investor concern about electrification timing, residual values and margin impact for the first full EV due late‑2026 — a concrete near‑term execution risk. Why is Ferrari (RACE) still relying on its EV, even as Lamborghini backs off?

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on RACE. HSBC reiterated 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 research report on Monday, February 16th. JPMorgan Chase & Co. upped their price target on Ferrari from $407.00 to $447.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 3rd. Sanford C. Bernstein reiterated an “outperform” rating and issued a $410.00 price objective on shares of Ferrari in a report on Wednesday, February 11th. Finally, Barclays set a $420.00 price objective on Ferrari and gave the company an “overweight” rating in a research report on Tuesday, December 9th. Three equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $475.61.

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.