Governors Lane LP Purchases Shares of 34,314 Ferrari N.V. $RACE

Posted by Stanley Muller on Sep 9th, 2026

Governors Lane LP acquired a new stake in Ferrari N.V. (NYSE:RACE – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The fund acquired 34,314 shares of the company’s stock, valued at approximately $12,775,000. Ferrari comprises approximately 1.0% of Governors Lane LP’s investment portfolio, making the stock its 24th biggest holding.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of RACE. Fideuram Asset Management Ireland dac acquired a new position in shares of Ferrari during the fourth quarter worth about $29,000. Entrust Financial LLC purchased a new position in shares of Ferrari in the 4th quarter valued at $33,000. Bellevue Asset Management LLC purchased a new position in shares of Ferrari during the first quarter worth about $34,000. Bamco Inc. NY grew its stake in Ferrari by 790.9% during the 4th quarter. Bamco Inc. NY now owns 98 shares of the company’s stock worth $36,000 after buying an additional 87 shares during the last quarter. Finally, Dunhill Financial LLC purchased a new position in shares of Ferrari during the second quarter worth approximately $38,000.

Key Ferrari News

Here are the key news stories impacting Ferrari this week:

Positive Sentiment: Ferrari reported further progress on its €3.5 billion multi-year buyback plan. Under the current €250 million tranche, the company purchased 35,641 shares for approximately €12.7 million through September 4, including purchases on both Euronext Milan and the NYSE. Continued repurchases can support earnings per share and provide demand for the stock. Ferrari periodic report on the buyback program
Positive Sentiment: Ferrari won the WEC Lone Star Le Mans at Circuit of the Americas after a late Toyota failure, giving the marque its first WEC victory of the year. The result strengthens Ferrari’s racing profile and may support brand engagement, although it is unlikely to materially change near-term financial results. Ferrari wins WEC Lone Star Le Mans
Neutral Sentiment: Ferrari Formula 1 team principal Frédéric Vasseur issued a message to supporters ahead of the Madrid race. The announcement is mainly promotional and provides limited direct information about Ferrari N.V.’s earnings or operations. Vasseur message ahead of Madrid race
Neutral Sentiment: A report described a driver abandoning a race to rescue a rival from a burning Ferrari. The incident concerns motorsport safety rather than Ferrari’s road-car business or financial performance. Driver rescues rival from burning Ferrari
Negative Sentiment: Analysis of Ferrari’s disappointing Monza weekend highlighted dashed home-race expectations and rising tension between drivers. Separate coverage said Lewis Hamilton called for clearer “rules of engagement” after a clash with Charles Leclerc. Persistent team conflict could weigh on F1 results and brand sentiment, though the direct impact on Ferrari N.V.’s financials remains limited. Ferrari Monza disappointment analysis

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on RACE. Needham & Company LLC raised Ferrari to a “neutral” rating in a report on Friday, July 31st. Morgan Stanley reissued an “overweight” rating and set a $442.00 target price on shares of Ferrari in a research note on Friday, July 31st. Sanford C. Bernstein raised their price objective on shares of Ferrari from $402.00 to $460.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. Wolfe Research began coverage on Ferrari in a research report on Tuesday, July 7th. They set an “outperform” rating on the stock. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Ferrari in a report on Wednesday, July 8th. Three investment analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $477.15.

Get Our Latest Research Report on Ferrari

Ferrari Price Performance

Shares of Ferrari stock opened at $405.54 on Wednesday. Ferrari N.V. has a twelve month low of $312.51 and a twelve month high of $504.49. The stock has a market capitalization of $94.88 billion, a P/E ratio of 37.65, a PEG ratio of 3.52 and a beta of 0.92. 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 business’s fifty day moving average price is $397.93 and its 200 day moving average price is $365.12.

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

Ferrari Company Profile

(Free Report)

Ferrari N.V. is an Italian luxury automotive company headquartered in Maranello, Italy. The company designs, develops, manufactures and sells high-performance sports cars, grand touring vehicles, supercars and limited-edition models under the Ferrari brand.

Ferrari’s business includes vehicle personalization, after-sales services, replacement parts and accessories, as well as branded merchandise, licensing and retail activities. The company also supports its brand through customer experiences, events and the Ferrari racing business, including its long-standing participation in Formula One.

Ferrari traces its origins to Enzo Ferrari, who established Auto Avio Costruzioni in 1939 before producing its first Ferrari-badged car in 1947.