Ferrari N.V. $RACE Stock Holdings Lessened by Groupama Asset Managment

Groupama Asset Managment lessened its stake in shares of Ferrari N.V. (NYSE:RACE) by 27.7% in the first quarter, Holdings Channel.com reports. The fund owned 75,106 shares of the company’s stock after selling 28,732 shares during the quarter. Groupama Asset Managment’s holdings in Ferrari were worth $25,420,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Benjamin Edwards Inc. raised its position in shares of Ferrari by 3.7% during the second quarter. Benjamin Edwards Inc. now owns 613 shares of the company’s stock worth $299,000 after purchasing an additional 22 shares during the period. Pacific Sun Financial Corp lifted its holdings in shares of Ferrari by 2.5% during the third quarter. Pacific Sun Financial Corp now owns 1,008 shares of the company’s stock valued at $489,000 after purchasing an additional 25 shares during the last quarter. Horizon Investments LLC boosted its position in shares of Ferrari by 33.3% in the 3rd quarter. Horizon Investments LLC now owns 104 shares of the company’s stock valued at $50,000 after purchasing an additional 26 shares during the period. Evergreen Capital Management LLC boosted its position in shares of Ferrari by 1.4% in the 2nd quarter. Evergreen Capital Management LLC now owns 1,928 shares of the company’s stock valued at $946,000 after purchasing an additional 26 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Ferrari by 14.4% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 222 shares of the company’s stock worth $108,000 after purchasing an additional 28 shares in the last quarter.

Ferrari News Summary

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Q2 results exceeded expectations and full-year guidance was raised. Ferrari reported revenue of approximately €1.94 billion, up about 8% year over year, while earnings per share beat consensus estimates. Strong operating performance, higher cash generation and resilient demand supported the outlook. Ferrari raises 2026 guidance after Q2 earnings beat
• Positive Sentiment: Personalization and pricing power remain key profit drivers. Customers continue to spend on customized vehicles and higher-margin options, helping Ferrari expand its mix and profitability. The order book is fully covered through 2027, and Jefferies raised its price target to €400 while retaining a Buy rating. Ferrari price target lifted on pricing power and personalization growth
• Positive Sentiment: Ferrari continues to return capital to shareholders. The company reported additional purchases under its €250 million second-tranche share buyback, part of a broader multiyear program expected to total approximately €3.5 billion through 2030. Buybacks can support per-share earnings and signal management confidence. Ferrari periodic report on buyback program
• Neutral Sentiment: Early demand for the Luce electric vehicle appears encouraging. CEO Benedetto Vigna said Ferrari is “very pleased” with orders for its first fully electric model, despite criticism of its debut. The comments help address execution concerns but do not yet provide detailed sales or profitability data. Ferrari very pleased with orders for Luce EV
• Negative Sentiment: Valuation remains a significant overhang. After a roughly 98% run, commentary argues that Ferrari may be overvalued. With a price-to-earnings ratio near 38 and PEG ratio above 3, investors may be taking profits or demanding stronger upside before bidding the shares higher. Ferrari stock could be overvalued despite its run

Ferrari Price Performance

Shares of NYSE:RACE opened at $394.51 on Friday. The company has a current ratio of 5.20, a quick ratio of 4.08 and a debt-to-equity ratio of 0.72. Ferrari N.V. has a 1 year low of $312.51 and a 1 year high of $504.49. The business has a fifty day simple moving average of $365.12 and a 200 day simple moving average of $353.03. The firm has a market cap of $92.29 billion, a price-to-earnings ratio of 36.63, a P/E/G ratio of 3.41 and a beta of 0.92.

Wall Street Analyst Weigh In

Several analysts have issued reports on RACE shares. Wolfe Research assumed coverage on Ferrari in a report on Tuesday, July 7th. They set an “outperform” rating on the stock. Sanford C. Bernstein raised their target price on shares of Ferrari from $402.00 to $460.00 and gave the stock an “outperform” rating in a report on Friday. Needham & Company LLC raised shares of Ferrari to a “neutral” rating in a research report on Friday. UBS Group dropped their target price on shares of Ferrari from $497.00 to $490.00 and set a “buy” rating on the stock in a research report on Friday. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Ferrari in a report on Wednesday, July 8th. Three equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $477.15.

About Ferrari

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.