Capital Investment Counsel Inc Makes New $1.05 Million Investment in Ferrari N.V. $RACE

Capital Investment Counsel Inc bought a new position in Ferrari N.V. (NYSE:RACE) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,811 shares of the company’s stock, valued at approximately $1,053,000.

A number of other institutional investors have also recently added to or reduced their stakes in RACE. AQR Capital Management LLC lifted its position in Ferrari by 78.9% in the first 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 during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Ferrari by 31.1% in the first 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 period. Woodline Partners LP acquired a new stake in Ferrari in the first quarter worth approximately $1,519,000. Sivia Capital Partners LLC lifted its position in Ferrari by 67.5% in the second 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, Rhumbline Advisers lifted its position in Ferrari by 7.5% in the second quarter. Rhumbline Advisers now owns 1,370 shares of the company’s stock worth $672,000 after purchasing an additional 96 shares during the period.

Ferrari Stock Performance

NYSE:RACE opened at $352.27 on Monday. Ferrari N.V. has a 1 year low of $312.51 and a 1 year high of $519.10. The firm has a 50 day moving average of $348.16 and a 200-day moving average of $376.48. The company has a current ratio of 5.70, a quick ratio of 4.38 and a debt-to-equity ratio of 0.74. The stock has a market capitalization of $82.41 billion, a P/E ratio of 34.84, a price-to-earnings-growth ratio of 3.33 and a beta of 1.00.

Ferrari Increases Dividend

The company also recently announced an annual dividend, which will be paid on Tuesday, May 5th. Stockholders of record on Tuesday, April 21st will be paid a $3.615 dividend. This represents a dividend yield of 99.0%. This is an increase from Ferrari’s previous annual dividend of $3.13. The ex-dividend date is Tuesday, April 21st.

Ferrari News Roundup

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Customer-racing win at Sebring underscores strong brand engagement and aftermarket/customer-racing demand — good for recurring revenue and halo effect. Kaminskey Powers to Comeback Win in Ferrari Challenge at Sebring
• Positive Sentiment: Early competitiveness of the Ferrari 296 GT3 Evo in GT World Challenge Europe signals strong race-program performance, which helps product development and brand prestige. Ferrari 296 GT3 Evo, early indications in the GT World Challenge Europe
• Positive Sentiment: Public drag-race coverage of the 1,000 HP SF90 Stradale vs Tesla Model X Plaid highlights Ferrari’s EV/HEV and hybrid performance credentials and generates marketing value for flagship road cars. 1,000 HP Ferrari SF90 Stradale vs Tesla Model X Plaid drag race
• Positive Sentiment: High-intensity F1 testing (Hamilton logging extensive wet‑tire laps) and reports on race-engineer decisions suggest Ferrari’s factory F1 program is progressing, potentially improving on-track results and investor confidence. Hamilton logs 297 laps in Ferrari’s intense wet‑tire test ahead of F1’s return
• Positive Sentiment: Ferrari plans a major F1 car upgrade in Miami, which could boost short‑term competitiveness in the championship and lift sentiment around future revenue from motorsport and tech transfer. Ferrari to Introduce Major F1 Car Upgrade in Miami 2026
• Neutral Sentiment: Historical and human-interest pieces (e.g., 20 years since Schumacher’s last Ferrari win; Imola endurance history) support brand narrative but have limited direct near‑term financial impact. 20 years on: Michael Schumacher and Ferrari last hoorah; Alonso’s unwanted title milestone
• Neutral Sentiment: Roundups on F1 personnel moves and race‑engineer updates are being reported widely; these can affect team dynamics but outcomes remain uncertain until hires/assignments are finalized. Lewis Hamilton race engineer update as Verstappen told F1 ‘doesn’t need’ him – roundup
• Negative Sentiment: Geopolitical risk — coverage noting the Iran conflict could threaten luxury automaker demand — is a macro downside that may weigh on Ferrari’s high‑end sales and investor sentiment if tensions persist. Iran Conflict Threatens Lucrative Luxury Stock — Time to Panic, or Time to Buy?
• Negative Sentiment: Racing coverage noting that Ferrari’s dominance faces tests in WEC and other series signals competitive pressure that could limit near‑term margin or trophy upside. Ferrari’s Dominance Faces Test in 2026 WEC Season

Analysts Set New Price Targets

A number of equities research analysts have weighed in on RACE shares. Zacks Research upgraded Ferrari from a “strong sell” rating to a “hold” rating in a research report on Monday, February 2nd. JPMorgan Chase & Co. raised their target price on Ferrari from $407.00 to $447.00 and gave the company an “overweight” rating in a report on Tuesday, March 3rd. Citigroup raised Ferrari from a “sell” rating to a “neutral” rating in a research report on Thursday, February 12th. Jefferies Financial Group raised Ferrari from a “hold” rating to a “buy” rating in a research report on Tuesday, March 31st. Finally, Morgan Stanley set a $420.00 target price on Ferrari in a research report on Monday, February 16th. Three 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’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $469.06.

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.