Ferrari N.V. $RACE is Lansing Management LP’s Largest Position

Lansing Management LP reduced its position in shares of Ferrari N.V. (NYSE:RACE) by 10.1% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 55,799 shares of the company’s stock after selling 6,249 shares during the period. Ferrari accounts for about 19.6% of Lansing Management LP’s holdings, making the stock its biggest holding. Lansing Management LP’s holdings in Ferrari were worth $27,075,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of RACE. Groupama Asset Managment increased its holdings in shares of Ferrari by 24,598.5% during the 2nd quarter. Groupama Asset Managment now owns 16,073,800 shares of the company’s stock worth $7,888,057,000 after buying an additional 16,008,720 shares during the last quarter. Norges Bank acquired a new position in Ferrari in the second quarter valued at approximately $885,051,000. Bank of New York Mellon Corp grew its position in Ferrari by 63.7% in the third 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 during the period. Viking Global Investors LP grew its position in Ferrari by 432.7% in the second quarter. Viking Global Investors LP now owns 721,269 shares of the company’s stock worth $353,526,000 after acquiring an additional 585,872 shares during the period. Finally, Credit Agricole S A acquired a new stake in Ferrari during the third quarter worth $279,003,000.

Ferrari Trading Up 0.8%

RACE opened at $334.39 on Tuesday. Ferrari N.V. has a 52 week low of $328.00 and a 52 week 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 business has a fifty day simple moving average of $354.62 and a 200-day simple moving average of $396.34. The firm has a market cap of $78.23 billion, a P/E ratio of 33.07, a P/E/G ratio of 3.24 and a beta of 0.97.

Ferrari Increases Dividend

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

Analyst Ratings Changes

RACE has been the topic of several recent analyst reports. Zacks Research raised Ferrari from a “strong sell” rating to a “hold” rating in a research note on Monday, February 2nd. Citigroup raised Ferrari from a “sell” rating to a “neutral” rating in a research report on Thursday, February 12th. Royal Bank Of Canada restated an “outperform” rating on shares of Ferrari in a report on Wednesday, February 11th. JPMorgan Chase & Co. upped their target price on shares of Ferrari from $407.00 to $447.00 and gave the company an “overweight” rating in a research report on Tuesday, March 3rd. Finally, The Goldman Sachs Group raised 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 given a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus 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: 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.