Fox Run Management L.L.C. bought a new position in shares of Ferrari N.V. (NYSE:RACE – Free Report) during the 4th quarter, Holdings Channel.com reports. The firm bought 2,153 shares of the company’s stock, valued at approximately $796,000.
Several other hedge funds have also recently made changes to their positions in the business. Manchester Capital Management LLC raised its position in shares of Ferrari by 77.5% in the 4th quarter. Manchester Capital Management LLC now owns 387 shares of the company’s stock worth $143,000 after acquiring an additional 169 shares in the last quarter. Capital Research Global Investors raised its position in shares of Ferrari by 13.1% in the 4th quarter. Capital Research Global Investors now owns 898,442 shares of the company’s stock worth $333,933,000 after acquiring an additional 104,319 shares in the last quarter. Havemeyer Place LP bought a new position in shares of Ferrari in the 4th quarter worth about $1,003,000. Prudential PLC raised its position in shares of Ferrari by 5.8% in the 4th quarter. Prudential PLC now owns 12,711 shares of the company’s stock worth $4,753,000 after acquiring an additional 693 shares in the last quarter. Finally, Sivia Capital Partners LLC raised its position in shares of Ferrari by 33.6% in the 4th quarter. Sivia Capital Partners LLC now owns 879 shares of the company’s stock worth $325,000 after acquiring an additional 221 shares in the last quarter.
Wall Street Analyst Weigh In
RACE has been the subject of several research analyst reports. Jefferies Financial Group raised Ferrari from a “hold” rating to a “buy” rating in a research report on Tuesday, March 31st. Sanford C. Bernstein reissued an “outperform” rating on shares of Ferrari in a research report on Tuesday, June 2nd. JPMorgan Chase & Co. lifted their price objective on Ferrari from $407.00 to $447.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 3rd. Morgan Stanley set a $420.00 price objective on Ferrari in a research report on Monday, February 16th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ferrari in a research report on Friday, April 10th. Three analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, Ferrari currently has a consensus rating of “Moderate Buy” and an average price target of $469.06.
Ferrari Price Performance
RACE stock opened at $347.68 on Thursday. The company has a market capitalization of $81.34 billion, a P/E ratio of 33.36, a price-to-earnings-growth ratio of 3.40 and a beta of 0.93. The company has a debt-to-equity ratio of 0.72, a quick ratio of 4.08 and a current ratio of 5.20. Ferrari N.V. has a 52-week low of $312.51 and a 52-week high of $519.10. The business has a 50-day simple moving average of $344.79 and a two-hundred day simple moving average of $354.31.
Trending Headlines about Ferrari
Here are the key news stories impacting Ferrari this week:
- Positive Sentiment: Ferrari’s Le Mans success and strong endurance-racing performance continue to highlight the brand’s engineering prowess and winning image, which can support consumer demand and prestige. Why is Ferrari so successful at Le Mans? ‘Our results are the mirror of our intense work’
- Positive Sentiment: Ferrari is planning a major overhaul of upgrades to its 499P for the 2027 WEC season, signaling continued investment in top-tier motorsport competitiveness and brand-building. Ferrari planning overhaul of upgrades to 499P for WEC 2027
- Positive Sentiment: Drivers and team updates suggest Ferrari has identified fixes for recent issues and believes its Monaco brake problems can be solved internally, which may reduce concerns about performance setbacks. Leclerc reveals Ferrari has ‘solution in house’ for Monaco brake woes
- Neutral Sentiment: Ferrari’s sim racing team came close to a historic double world championship, adding to the company’s racing visibility but with limited direct impact on earnings. F1 Sim Racing 2026: Ferrari comes close to a historic double world championship after thrilling finale
- Neutral Sentiment: Several drag-race and performance-car comparisons involving the SF90 and LaFerrari mainly reinforce Ferrari’s halo-car appeal, but they are unlikely to move the stock on their own. Can 950HP Porsche 992 Turbo S beat Ferrari SF90 in drag race
- Negative Sentiment: Ferrari is warning that Le Mans could be a difficult race and saying it is not the favorite, which could temper some near-term enthusiasm around its racing dominance. Ferrari expecting “difficult” race at Le Mans: “We are not the favourites”
- Negative Sentiment: Headline comparisons showing Ferrari models being challenged or beaten in drag races may slightly pressure sentiment around performance bragging rights, though the investment impact is limited. Chevrolet Corvette ZR1X Drag Races Ferrari SF90, It’s Over in 9.3 Seconds at Nearly 150 MPH
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.
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