Lansforsakringar Fondforvaltning AB publ Acquires 3,224 Shares of Ferrari N.V. $RACE

Lansforsakringar Fondforvaltning AB publ raised its stake in Ferrari N.V. (NYSE:RACE) by 6.6% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 51,928 shares of the company’s stock after purchasing an additional 3,224 shares during the quarter. Lansforsakringar Fondforvaltning AB publ’s holdings in Ferrari were worth $25,114,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Groupama Asset Managment boosted its holdings in shares of Ferrari by 24,598.5% during the second quarter. Groupama Asset Managment now owns 16,073,800 shares of the company’s stock worth $7,888,057,000 after acquiring an additional 16,008,720 shares during the period. Norges Bank bought a new stake in Ferrari during the second quarter worth about $885,051,000. Bank of New York Mellon Corp boosted its position 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 acquiring an additional 1,039,234 shares in the last quarter. Viking Global Investors LP increased its stake in shares of Ferrari by 432.7% in the 2nd quarter. Viking Global Investors LP now owns 721,269 shares of the company’s stock valued at $353,526,000 after purchasing an additional 585,872 shares during the last quarter. Finally, American Century Companies Inc. bought a new position in Ferrari in the second quarter valued at about $109,526,000.

Ferrari Price Performance

Shares of Ferrari stock opened at $366.93 on Monday. The stock has a market capitalization of $88.94 billion, a price-to-earnings ratio of 36.29, a price-to-earnings-growth ratio of 3.58 and a beta of 0.99. The company has a fifty day moving average of $360.25 and a 200-day moving average of $408.25. 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 N.V. has a 52-week low of $328.00 and a 52-week high of $519.10.

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 issued a dividend of $3.615 per share. This is an increase from Ferrari’s previous annual dividend of $3.13. This represents a dividend yield of 99.0%. The ex-dividend date is Tuesday, April 21st.

Ferrari News Summary

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Board increased the annual cash distribution, proposing/declaring an annual dividend of €3.615 per share (payable May 5; ex‑div Apr 21), a double‑digit raise vs. the prior payout — supports income‑oriented investors and signals management confidence. Board Proposes Higher Dividend
• Positive Sentiment: Pre‑season F1 testing in Bahrain put Ferrari near the front — Charles Leclerc posted top times on the final day, boosting expectations for on‑track competitiveness and the halo marketing effect. Leclerc Leads Bahrain Test
• Positive Sentiment: Ferrari’s new aerodynamic concept (a “trick” rear wing) drew strong media and commentator attention, increasing optimism about performance gains that can lift the brand and merchandising. Ferrari Debuts Trick Rear Wing
• Positive Sentiment: Sell‑side support: Evercore ISI reiterated a bullish view on Ferrari, which can underwrite near‑term investor confidence. Evercore ISI Bullish on Ferrari
• Neutral Sentiment: Corporate reporting: Ferrari published its 2025 Annual Report and filed its Form 20‑F, including sustainability disclosures — good for transparency but not an immediate earnings catalyst. 2025 Annual Report Filed
• Neutral Sentiment: Operational note: Ferrari decided not to appoint a temporary race engineer for Lewis Hamilton — a team personnel choice that appears non‑material but worth watching for communication/consistency on race weekends. No Temp Race Engineer for Hamilton
• Negative Sentiment: Valuation and technical headwinds: RACE trades at a premium (P/E ~36) and remains below its 200‑day moving average (~$409), which may limit upside until fundamentals or momentum improve.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. UBS Group reduced their price target on Ferrari from $563.00 to $555.00 and set a “buy” rating on the stock in a research report on Friday, January 9th. Sanford C. Bernstein restated an “outperform” rating and issued a $410.00 target price on shares of Ferrari in a research note on Wednesday, February 11th. Barclays set a $420.00 target price on Ferrari and gave the stock an “overweight” rating in a report on Tuesday, December 9th. Citigroup upgraded Ferrari from a “sell” rating to a “neutral” rating in a research note on Thursday, February 12th. Finally, The Goldman Sachs Group upgraded shares of Ferrari to a “strong-buy” rating in a research note on Monday, November 24th. Three equities research 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $476.52.

Ferrari 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.