Vontobel Holding Ltd. raised its position in Ferrari N.V. (NYSE:RACE – Free Report) by 32.6% during the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 383,213 shares of the company’s stock after acquiring an additional 94,112 shares during the quarter. Vontobel Holding Ltd.’s holdings in Ferrari were worth $150,421,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also modified their holdings of RACE. Biglari Sardar purchased a new stake in Ferrari in the 2nd quarter worth $20,997,156. TD Waterhouse Canada Inc. boosted its stake in shares of Ferrari by 139.4% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 42,858 shares of the company’s stock worth $16,058,000 after purchasing an additional 24,956 shares during the period. USS Investment Management Ltd grew its position in Ferrari by 902.0% in the 1st quarter. USS Investment Management Ltd now owns 229,353 shares of the company’s stock valued at $76,588,000 after acquiring an additional 206,463 shares during the last quarter. Biglari Capital CORP. raised its stake in shares of Ferrari by 29.4% during the first quarter. Biglari Capital CORP. now owns 291,981 shares of the company’s stock valued at $98,821,000 after acquiring an additional 66,400 shares in the last quarter. Finally, Swiss National Bank lifted its stake in Ferrari by 26.8% in the first quarter. Swiss National Bank now owns 436,456 shares of the company’s stock worth $145,435,000 after acquiring an additional 92,373 shares during the period.
More Ferrari News
Here are the key news stories impacting Ferrari this week:
- Positive Sentiment: Ferrari will release its third-quarter 2026 financial results on November 3, 2026. The event gives investors a near-term catalyst to assess vehicle deliveries, pricing, order backlogs, margins and management’s outlook. Ferrari third-quarter results announcement
- Positive Sentiment: Strong collector demand for limited-production Ferraris was highlighted ahead of Broad Arrow’s Las Vegas and Zürich auctions. Featured models include a Daytona SP3 estimated at $16 million-$18 million and LaFerrari and Enzo models valued in the multimillion-dollar range. The results support Ferrari’s brand strength and residual values, although the auctions are conducted by Hagerty’s Broad Arrow business and do not represent direct material revenue for Ferrari. Broad Arrow Ferrari auctions
- Neutral Sentiment: Ferrari’s Formula 1 team reportedly split its Singapore Grand Prix strategy, with Lewis Hamilton receiving the less favorable approach. The story may influence short-term brand sentiment, but it is unlikely to have a significant direct effect on Ferrari N.V.’s financial results. Ferrari Singapore strategy report
- Neutral Sentiment: Ferrari promoted junior driver Rafael Câmara to an F1 reserve-driver role and is placing another junior driver with Haas. These developments reinforce Ferrari’s motorsport pipeline but have limited immediate earnings implications. Ferrari junior driver report
Analysts Set New Price Targets
A number of equities analysts have recently issued reports on the company. The Goldman Sachs Group reaffirmed a “buy” rating on shares of Ferrari in a research report on Tuesday, August 11th. Jefferies Financial Group reaffirmed a “buy” rating on shares of Ferrari in a report on Monday, August 17th. Wolfe Research initiated coverage on Ferrari in a research report on Tuesday, July 7th. They set an “outperform” rating for the company. Royal Bank Of Canada reiterated a “buy” rating on shares of Ferrari in a research report on Monday, September 21st. Finally, Needham & Company LLC raised shares of Ferrari to a “neutral” rating in a research note on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, Ferrari currently has a consensus rating of “Moderate Buy” and an average price target of $456.71.
Read Our Latest Stock Report on Ferrari
Ferrari Trading Down 0.3%
Ferrari stock traded down $1.25 during trading on Friday, hitting $396.99. The company had a trading volume of 358,851 shares, compared to its average volume of 451,888. Ferrari N.V. has a 1-year low of $312.51 and a 1-year high of $437.15. 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 company’s 50 day simple moving average is $407.16 and its 200-day simple moving average is $375.59. The stock has a market cap of $92.88 billion, a price-to-earnings ratio of 36.86, a price-to-earnings-growth ratio of 3.43 and a beta of 0.93.
Ferrari (NYSE:RACE – Get Free Report) last released its earnings results on Friday, July 31st. The company reported $2.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.83 by $0.16. The company 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 firm’s quarterly revenue was up 8.4% on a year-over-year basis. During the same period in the prior year, the business earned $2.38 EPS. As a group, analysts expect that Ferrari N.V. will post 11.16 EPS for the current fiscal year.
Ferrari Profile
Ferrari N.V. is an Italian luxury automotive company that designs, develops, manufactures and sells high-performance sports cars. Its product portfolio includes mid- and front-engine sports cars, grand touring models, special-series vehicles and limited-edition automobiles. Ferrari also develops hybrid and other electrified models while maintaining a focus on performance, craftsmanship, design and exclusivity.
The company generates additional activities through its racing operations, vehicle personalization programs, financial services, merchandise, licensing and branded experiences.
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