Junto Capital Management LP Buys Shares of 68,903 Ferrari N.V. $RACE

Posted by Stanley Muller on Sep 10th, 2026

Junto Capital Management LP bought a new stake in Ferrari N.V. (NYSE:RACE – Free Report) during the 2nd quarter, HoldingsChannel.com reports. The firm bought 68,903 shares of the company’s stock, valued at approximately $25,652,000.

Other institutional investors have also recently made changes to their positions in the company. Bank of New York Mellon Corp purchased a new stake in shares of Ferrari during the second quarter worth approximately $952,874,000. Norges Bank acquired a new stake in Ferrari during the 4th quarter worth $779,894,000. Deutsche Bank AG purchased a new stake in shares of Ferrari during the second quarter worth $413,209,000. The Manufacturers Life Insurance Company purchased a new stake in shares of Ferrari during the second quarter worth $388,816,000. Finally, Legal & General Group Plc purchased a new stake in shares of Ferrari during the second quarter worth $322,208,000.

Ferrari Stock Down 0.9%

Shares of RACE opened at $402.34 on Thursday. Ferrari N.V. has a 52-week low of $312.51 and a 52-week high of $504.49. The company has a market capitalization of $94.13 billion, a PE ratio of 37.35, a price-to-earnings-growth ratio of 3.49 and a beta of 0.92. The stock has a fifty day simple moving average of $398.47 and a two-hundred day simple moving average of $365.38. The company has a quick ratio of 3.70, a current ratio of 4.85 and a debt-to-equity ratio of 0.86.

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

Wall Street Analyst Weigh In

RACE has been the topic of several research reports. Wolfe Research began coverage on shares of Ferrari in a research note on Tuesday, July 7th. They issued an “outperform” rating on the stock. Sanford C. Bernstein upped 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. Morgan Stanley reiterated an “overweight” rating and issued a $442.00 price objective on shares of Ferrari in a report on Friday, July 31st. Citigroup reiterated a “neutral” rating on shares of Ferrari in a report on Monday, August 3rd. Finally, Needham & Company LLC raised shares of Ferrari to a “neutral” rating in a research note on Friday, July 31st. Three analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $477.15.

Read Our Latest Research Report on RACE

Ferrari 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.