Jupiter Topco LLC Makes New $158.40 Million Investment in Ferrari N.V. $RACE

Posted by Brenda Bartman on Aug 27th, 2026

Jupiter Topco LLC purchased a new stake in shares of Ferrari N.V. (NYSE:RACE – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 427,097 shares of the company’s stock, valued at approximately $158,395,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Hsbc Holdings PLC bought a new stake in shares of Ferrari in the 2nd quarter valued at about $360,000. EFG International AG purchased a new position in Ferrari in the 2nd quarter worth approximately $47,804,000. Palisade Capital Management LP bought a new stake in Ferrari in the second quarter valued at approximately $271,000. Canada Pension Plan Investment Board purchased a new stake in shares of Ferrari during the second quarter valued at approximately $70,648,000. Finally, Castleark Management LLC purchased a new stake in shares of Ferrari during the second quarter valued at approximately $1,977,000.

Ferrari Stock Down 2.1%

Shares of NYSE RACE opened at $412.82 on Thursday. The firm has a fifty day simple moving average of $388.05 and a two-hundred day simple moving average of $362.18. Ferrari N.V. has a 12 month low of $312.51 and a 12 month high of $504.49. The company has a current ratio of 4.85, a quick ratio of 3.70 and a debt-to-equity ratio of 0.86. The firm has a market capitalization of $96.58 billion, a PE ratio of 38.33, a price-to-earnings-growth ratio of 3.63 and a beta of 0.91.

Ferrari (NYSE:RACE – Get Free Report) last announced its earnings results on Friday, July 31st. The company reported $2.99 earnings per share for the quarter, beating analysts’ consensus estimates of $2.83 by $0.16. The firm had revenue of $2.21 billion for the quarter, compared to analyst estimates of $2.14 billion. Ferrari had a net margin of 22.29% and a return on equity of 42.83%. The company’s revenue for the quarter was up 8.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.38 EPS. Equities analysts expect that Ferrari N.V. will post 11.18 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages recently commented on RACE. Needham & Company LLC raised shares of Ferrari to a “neutral” rating in a research note on Friday, July 31st. Sanford C. Bernstein raised their price target on shares of Ferrari from $402.00 to $460.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. Morgan Stanley restated an “overweight” rating and issued a $442.00 price objective on shares of Ferrari in a research report on Friday, July 31st. Weiss Ratings reiterated a “hold (c)” rating on shares of Ferrari in a report on Wednesday, July 8th. Finally, UBS Group cut their target price on Ferrari from $497.00 to $490.00 and set a “buy” rating on the stock in a research note on Friday, July 31st. Three equities research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Ferrari presently has a consensus rating of “Moderate Buy” and a consensus target price of $477.15.

Get Our Latest Stock Report on Ferrari

Ferrari 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.

Jupiter Topco LLC Makes New $158.40 Million Investment in Ferrari N.V. $RACE

Ferrari Stock Down 2.1%

Wall Street Analyst Weigh In

Ferrari Profile

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