Exchange Traded Concepts LLC Buys 7,389 Shares of Ferrari N.V. $RACE

Exchange Traded Concepts LLC raised its position in Ferrari N.V. (NYSE:RACE) by 49,260.0% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 7,404 shares of the company’s stock after buying an additional 7,389 shares during the period. Exchange Traded Concepts LLC’s holdings in Ferrari were worth $2,736,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in RACE. Generali Asset Management SPA SGR increased its position in Ferrari by 28.9% in the third quarter. Generali Asset Management SPA SGR now owns 55,690 shares of the company’s stock worth $27,022,000 after purchasing an additional 12,485 shares during the period. Rheos Capital Works Inc. lifted its position in Ferrari by 33.1% during the 3rd quarter. Rheos Capital Works Inc. now owns 215,200 shares of the company’s stock valued at $104,419,000 after purchasing an additional 53,500 shares during the period. Bank of New York Mellon Corp lifted its position in 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 valued at $1,295,907,000 after purchasing an additional 1,039,234 shares during the period. Alta Capital Management LLC bought a new position in shares of Ferrari in the 3rd quarter valued at about $6,391,000. Finally, Teacher Retirement System of Texas bought a new position in shares of Ferrari in the 3rd quarter valued at about $8,995,000.

Ferrari Stock Performance

Shares of RACE stock opened at $338.40 on Wednesday. The stock has a market cap of $79.17 billion, a PE ratio of 33.47, a price-to-earnings-growth ratio of 3.19 and a beta of 0.97. The stock has a 50-day moving average of $347.11 and a 200-day moving average of $384.12. The company has a debt-to-equity ratio of 0.74, a current ratio of 5.70 and a quick ratio of 4.38. Ferrari N.V. has a one year low of $312.51 and a one year high of $519.10.

Ferrari Increases Dividend

The company 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 boost from Ferrari’s previous annual dividend of $3.13. The ex-dividend date is Tuesday, April 21st.

Trending Headlines about Ferrari

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

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on RACE shares. JPMorgan Chase & Co. boosted their price target on shares of Ferrari from $407.00 to $447.00 and gave the stock an “overweight” rating in a research note on Tuesday, March 3rd. BNP Paribas Exane raised shares of Ferrari to a “strong-buy” rating in a research note on Thursday, December 11th. Jefferies Financial Group raised shares of Ferrari from a “hold” rating to a “buy” rating in a report on Tuesday. Oddo Bhf cut shares of Ferrari to a “neutral” rating in a research report on Wednesday, December 10th. Finally, UBS Group cut their price target on Ferrari from $563.00 to $555.00 and set a “buy” rating on the stock in a research note on Friday, January 9th. Three equities research 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 data from MarketBeat.com, Ferrari has an average rating of “Moderate Buy” and a consensus target price of $475.61.

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.