Gabelli Funds LLC Grows Stock Position in Ferrari N.V. $RACE

Posted by on May 21st, 2026

Gabelli Funds LLC increased its holdings in Ferrari N.V. (NYSE:RACE – Free Report) by 93.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 18,292 shares of the company’s stock after buying an additional 8,842 shares during the period. Gabelli Funds LLC’s holdings in Ferrari were worth $6,760,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Elyxium Wealth LLC purchased a new stake in shares of Ferrari in the 4th quarter worth about $50,000. AustralianSuper Pty Ltd raised its stake in Ferrari by 124.6% in the 4th quarter. AustralianSuper Pty Ltd now owns 72,991 shares of the company’s stock valued at $27,292,000 after purchasing an additional 40,500 shares during the last quarter. Bank Julius Baer & Co. Ltd Zurich raised its stake in Ferrari by 7.7% in the 4th quarter. Bank Julius Baer & Co. Ltd Zurich now owns 316,590 shares of the company’s stock valued at $115,213,000 after purchasing an additional 22,717 shares during the last quarter. Allworth Financial LP raised its stake in Ferrari by 19.2% in the 4th quarter. Allworth Financial LP now owns 440 shares of the company’s stock valued at $163,000 after purchasing an additional 71 shares during the last quarter. Finally, Pacific Sun Financial Corp raised its stake in Ferrari by 6.4% in the 4th quarter. Pacific Sun Financial Corp now owns 1,073 shares of the company’s stock valued at $397,000 after purchasing an additional 65 shares during the last quarter.

Ferrari Trading Up 3.5%

NYSE RACE opened at $341.32 on Thursday. Ferrari N.V. has a 12 month low of $312.51 and a 12 month high of $519.10. The company has a 50-day moving average of $339.46 and a 200-day moving average of $360.53. The company has a debt-to-equity ratio of 0.72, a current ratio of 5.20 and a quick ratio of 4.08. The company has a market cap of $79.85 billion, a P/E ratio of 32.75, a P/E/G ratio of 3.15 and a beta of 0.95.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the stock. Sanford C. Bernstein reissued an “outperform” rating and issued a $410.00 target price on shares of Ferrari in a research note on Wednesday, February 11th. Citigroup raised shares of Ferrari from a “sell” rating to a “neutral” rating in a research note on Thursday, February 12th. Jefferies Financial Group raised shares of Ferrari from a “hold” rating to a “buy” rating in a research note on Tuesday, March 31st. Royal Bank Of Canada reissued an “outperform” rating on shares of Ferrari in a research note on Wednesday, February 11th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Ferrari from $407.00 to $447.00 and gave the company an “overweight” rating in a research note on Tuesday, March 3rd. Three investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $469.06.

Get Our Latest Report on RACE

Ferrari Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Ferrari (NYSE:RACE)

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