Ameriprise Financial Inc. Increases Stake in Ferrari N.V. $RACE

Ameriprise Financial Inc. raised its position in shares of Ferrari N.V. (NYSE:RACE) by 19.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 644,825 shares of the company’s stock after acquiring an additional 104,836 shares during the quarter. Ameriprise Financial Inc. owned approximately 0.27% of Ferrari worth $312,395,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. AQR Capital Management LLC increased its stake in shares of Ferrari by 78.9% in the 1st 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted 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 valued at $82,000 after acquiring an additional 46 shares in the last quarter. Woodline Partners LP purchased a new stake in Ferrari during the 1st quarter valued at $1,519,000. Sivia Capital Partners LLC increased its holdings in shares of Ferrari by 67.5% in 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 in the last quarter. Finally, Allworth Financial LP lifted its holdings in shares of Ferrari by 7.5% during the second quarter. Allworth Financial LP now owns 330 shares of the company’s stock valued at $162,000 after purchasing an additional 23 shares in the last quarter.

Wall Street Analyst Weigh In

RACE has been the subject of a number of recent analyst reports. Loop Capital set a $481.67 target price on Ferrari in a research report on Thursday, December 4th. BNP Paribas Exane upgraded shares of Ferrari to a “strong-buy” rating in a research note on Thursday, December 11th. HSBC reissued a “hold” rating on shares of Ferrari in a report on Tuesday, January 13th. Sanford C. Bernstein restated an “outperform” rating and set a $410.00 price objective on shares of Ferrari in a research report on Wednesday, February 11th. Finally, UBS Group dropped their target price 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. Three equities research analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $475.61.

Ferrari Price Performance

Shares of NYSE:RACE opened at $334.39 on Tuesday. The firm’s 50 day moving average price is $354.62 and its 200-day moving average price is $396.34. Ferrari N.V. has a twelve month low of $328.00 and a twelve month high of $519.10. The company has a quick ratio of 4.38, a current ratio of 5.70 and a debt-to-equity ratio of 0.74. The stock has a market capitalization of $78.23 billion, a PE ratio of 33.07, a price-to-earnings-growth ratio of 3.24 and a beta of 0.97.

Ferrari Increases Dividend

The firm also recently disclosed an annual dividend, which will be paid on Tuesday, May 5th. Stockholders of record on Tuesday, April 21st will be given a dividend of $3.615 per share. This represents a dividend 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.

More Ferrari News

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Company update showing continued execution of the first €250m tranche of a multi‑year ~€3.5bn share buyback; treasury stake approaching ~9%, which reduces float and supports EPS. FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
• Positive Sentiment: Street sentiment remains supportive — coverage notes (including JPMorgan commentary) point to durable margins and bullish views after fiscal 2025, which can help underpin multiple expansion and investor confidence. JPMorgan Analysts Bullish on Ferrari N.V. (RACE) Following Fiscal 2025 Results
• Neutral Sentiment: Sporting upside from high-visibility results: Lewis Hamilton earned his first Ferrari podium at the Chinese GP, raising brand exposure and fan engagement — positive for luxury halo but indirect for near-term EPS. Kimi Antonelli wins Chinese GP — Guardian
• Negative Sentiment: Technical/regulatory snag: reports say Ferrari removed a controversial wing after talks with F1 authorities in Shanghai — could imply lost development/track performance or near-term engineering disruption. Ferrari forced to axe ‘illegal’ wing — The Sun
• Negative Sentiment: Team conduct risk: several commentators and former drivers criticized an on-track battle between Ferrari drivers (and Lewis Hamilton), warning it “destroyed” race chances and highlighting collision risk — raises governance/operational concerns for investors watching sporting risk and reputational impact. Lewis Hamilton accused of ‘destroying’ Ferrari’s race — Express

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.