Hsbc Holdings PLC Decreases Stock Holdings in Ferrari N.V. $RACE

Posted by on Jul 2nd, 2026

Hsbc Holdings PLC lessened its holdings in shares of Ferrari N.V. (NYSE:RACE – Free Report) by 93.4% during the fourth quarter, Holdings Channel reports. The firm owned 3,699 shares of the company’s stock after selling 52,494 shares during the quarter. Hsbc Holdings PLC’s holdings in Ferrari were worth $1,376,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in RACE. Norges Bank purchased a new stake in Ferrari in the fourth quarter worth about $779,894,000. Groupama Asset Managment raised its position in shares of Ferrari by 5.7% in the 3rd quarter. Groupama Asset Managment now owns 16,990,621 shares of the company’s stock worth $8,244,189,000 after purchasing an additional 916,821 shares during the last quarter. Ninety One UK Ltd bought a new position in shares of Ferrari in the fourth quarter worth approximately $338,785,000. Morgan Stanley boosted its stake in Ferrari by 43.4% during the 4th quarter. Morgan Stanley now owns 2,546,564 shares of the company’s stock valued at $941,109,000 after purchasing an additional 771,039 shares during the last quarter. Finally, Viking Global Investors LP boosted its position in shares of Ferrari by 432.7% during the second quarter. Viking Global Investors LP now owns 721,269 shares of the company’s stock valued at $353,526,000 after buying an additional 585,872 shares during the last quarter.

Ferrari Price Performance

Shares of NYSE RACE opened at $375.11 on Thursday. The company has a market cap of $87.76 billion, a PE ratio of 36.00, a P/E/G ratio of 3.56 and a beta of 0.92. Ferrari N.V. has a fifty-two week low of $312.51 and a fifty-two week high of $519.10. The company has a debt-to-equity ratio of 0.72, a quick ratio of 4.08 and a current ratio of 5.20. The business has a 50-day simple moving average of $347.84 and a two-hundred day simple moving average of $351.92.

Wall Street Analysts Forecast Growth

A number of research firms have commented on RACE. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ferrari in a research report on Friday, April 10th. UBS Group lowered their price target on shares of Ferrari from $555.00 to $483.00 and set a “buy” rating on the stock in a report on Wednesday, April 1st. Sanford C. Bernstein restated an “outperform” rating on shares of Ferrari in a research report on Tuesday, June 2nd. Jefferies Financial Group upgraded shares of Ferrari from a “hold” rating to a “buy” rating in a report on Tuesday, March 31st. Finally, Morgan Stanley raised shares of Ferrari from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $388.00 to $438.00 in a research report on Monday, June 15th. Three research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $470.70.

View Our Latest Stock Report on Ferrari

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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