Allspring Global Investments Holdings LLC increased its position in shares of Ferrari N.V. (NYSE:RACE – Free Report) by 4,639.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 176,030 shares of the company’s stock after purchasing an additional 172,316 shares during the period. Allspring Global Investments Holdings LLC owned 0.07% of Ferrari worth $65,468,000 at the end of the most recent quarter.
Several other large investors have also recently bought and sold shares of RACE. J. Safra Sarasin Holding AG raised its stake in Ferrari by 10.9% in the fourth quarter. J. Safra Sarasin Holding AG now owns 19,556 shares of the company’s stock valued at $7,338,000 after buying an additional 1,916 shares in the last quarter. Exchange Traded Concepts LLC increased its holdings in shares of Ferrari by 49,260.0% in the 4th quarter. Exchange Traded Concepts LLC now owns 7,404 shares of the company’s stock valued at $2,736,000 after acquiring an additional 7,389 shares during the last quarter. Generali Investments CEE investicni spolecnost a.s. increased its holdings in shares of Ferrari by 36.8% in the 4th quarter. Generali Investments CEE investicni spolecnost a.s. now owns 11,707 shares of the company’s stock valued at $4,380,000 after acquiring an additional 3,151 shares during the last quarter. Net Worth Advisory Group acquired a new stake in shares of Ferrari during the 4th quarter worth about $245,000. Finally, CoreCap Advisors LLC raised its position in shares of Ferrari by 70.0% during the 4th quarter. CoreCap Advisors LLC now owns 102 shares of the company’s stock worth $38,000 after acquiring an additional 42 shares in the last quarter.
Wall Street Analyst Weigh In
A number of brokerages recently issued reports on RACE. UBS Group lowered their price target on Ferrari from $563.00 to $555.00 and set a “buy” rating for the company in a report on Friday, January 9th. Morgan Stanley set a $420.00 price objective on shares of Ferrari in a report on Monday, February 16th. Zacks Research upgraded shares of Ferrari from a “strong sell” rating to a “hold” rating in a research report on Monday, February 2nd. Sanford C. Bernstein restated an “outperform” rating and issued a $410.00 target price on shares of Ferrari in a report on Wednesday, February 11th. Finally, HSBC reaffirmed a “hold” rating on shares of Ferrari in a research report on Tuesday, January 13th. Three analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, Ferrari has an average rating of “Moderate Buy” and a consensus price target of $475.61.
Ferrari News Roundup
Here are the key news stories impacting Ferrari this week:
- Positive Sentiment: Jefferies upgraded RACE from “Hold” to “Buy”, citing renewed confidence in Ferrari’s growth trajectory — expects high single‑digit revenue growth supported by stable demand, pricing power and improving margins. Ferrari upgraded to ‘Buy’ on growth confidence
- Positive Sentiment: Ferrari continues executing the first €250m tranche of a planned ~€3.5bn multiyear buyback (announced at 2025 Capital Markets Day), expanding its treasury stake — buybacks reduce float and support EPS and share price. FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
- Positive Sentiment: Analyst support remains strong — Evercore ISI reaffirmed an Outperform rating and $475 target, highlighting durable pricing power; this helps underpin valuations even as the firm expects potential near‑term guidance adjustments. Ferrari (RACE) Stock Rated Outperform on Strong Pricing Power
- Neutral Sentiment: TipRanks/market writeups note Ferrari is actively expanding its treasury stake as the buyback advances — informational for holders but mostly a confirmation of the GlobeNewswire filing. Ferrari Expands Treasury Stake as €3.5 Billion Buyback Advances
- Neutral Sentiment: Consumer/PR items (Lego Ferrari exhibit, Legoland attraction, drag‑race videos) are generating social buzz but are unlikely to materially affect fundamentals. You Can Sit Inside This Ferrari Made Entirely of Lego
- Neutral Sentiment: Motorsport and branding news (British GT entry, race coverage) support long‑term brand value but are not short‑term drivers of the stock. Aussie duo to race Ferrari in British GT Championship
- Neutral Sentiment: Inclusion on retail lists of “long‑term buys” (financial press pieces) may attract some buy‑and‑hold interest but is not a catalyst for near‑term moves. 3 Lucrative Stocks to Buy Now and Hold Forever
- Negative Sentiment: A local incident (dealership mechanic arrested after racing a Ferrari on a highway) generated negative headlines but is unlikely to affect corporate fundamentals or valuation materially. Dealership mechanic arrested after racing Ferrari on Texas highway
Ferrari Trading Up 3.4%
NYSE:RACE opened at $338.40 on Wednesday. The company has a market capitalization of $79.17 billion, a PE ratio of 33.47, a P/E/G ratio of 3.19 and a beta of 0.97. Ferrari N.V. has a 52-week low of $312.51 and a 52-week high of $519.10. The stock’s 50 day moving average price is $347.11 and its 200 day moving average price is $384.12. The company has a quick ratio of 4.38, a current ratio of 5.70 and a debt-to-equity ratio of 0.74.
Ferrari Increases Dividend
The firm 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 $3.615 dividend. 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.
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.
Further Reading
Receive News & Ratings for Ferrari Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Ferrari and related companies with MarketBeat.com's FREE daily email newsletter.
