EFG International AG Invests $47.80 Million in Ferrari N.V. $RACE

Posted by Geri Gentry on Aug 26th, 2026

EFG International AG acquired a new position in Ferrari N.V. (NYSE:RACE – Free Report) in the 2nd quarter, Holdings Channel.com reports. The firm acquired 129,047 shares of the company’s stock, valued at approximately $47,804,000. Ferrari accounts for approximately 0.9% of EFG International AG’s portfolio, making the stock its 27th largest holding.

Other institutional investors also recently bought and sold shares of the company. HighTower Advisors LLC grew its stake in shares of Ferrari by 94.4% during the 4th quarter. HighTower Advisors LLC now owns 25,068 shares of the company’s stock valued at $9,284,000 after acquiring an additional 12,175 shares during the period. Deutsche Bank AG raised its stake in Ferrari by 3.9% during the 4th quarter. Deutsche Bank AG now owns 973,583 shares of the company’s stock worth $359,797,000 after acquiring an additional 36,670 shares during the period. Vanguard Group Inc. lifted its holdings in Ferrari by 1.1% during the fourth quarter. Vanguard Group Inc. now owns 5,213,450 shares of the company’s stock valued at $1,937,388,000 after purchasing an additional 58,506 shares in the last quarter. USS Investment Management Ltd lifted its holdings in Ferrari by 902.0% during the first quarter. USS Investment Management Ltd now owns 229,353 shares of the company’s stock valued at $76,588,000 after purchasing an additional 206,463 shares in the last quarter. Finally, Biglari Sardar lifted its holdings in Ferrari by 49.8% during the first quarter. Biglari Sardar now owns 49,600 shares of the company’s stock valued at $16,787,000 after purchasing an additional 16,500 shares in the last quarter.

Ferrari Price Performance

Shares of NYSE:RACE opened at $421.86 on Wednesday. The firm has a market cap of $98.69 billion, a price-to-earnings ratio of 39.17, a P/E/G ratio of 3.65 and a beta of 0.91. The firm has a fifty day moving average price of $386.88 and a 200 day moving average price of $361.63. Ferrari N.V. has a fifty-two week low of $312.51 and a fifty-two week high of $504.49. The company has a debt-to-equity ratio of 0.86, a quick ratio of 3.70 and a current ratio of 4.85.

Ferrari (NYSE:RACE – Get Free Report) last announced 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. Ferrari had a net margin of 22.29% and a return on equity of 42.83%. The business had revenue of $2.21 billion for the quarter, compared to analysts’ expectations of $2.14 billion. During the same quarter in the previous year, the company earned $2.38 EPS. The business’s quarterly revenue was up 8.4% compared to the same quarter last year. As a group, sell-side analysts expect that Ferrari N.V. will post 11.18 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on RACE. UBS Group reduced their price objective on shares of Ferrari from $497.00 to $490.00 and set a “buy” rating for the company in a research note on Friday, July 31st. Wolfe Research initiated coverage on shares of Ferrari in a research note on Tuesday, July 7th. They set an “outperform” rating on the stock. Morgan Stanley reaffirmed an “overweight” rating and issued a $442.00 target price on shares of Ferrari in a report on Friday, July 31st. Evercore reiterated an “outperform” rating and issued a $485.00 price target on shares of Ferrari in a research note on Friday, July 31st. Finally, Sanford C. Bernstein raised their price target on Ferrari from $402.00 to $460.00 and gave the company an “outperform” rating in a report on Friday, July 31st. Three analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, Ferrari has a consensus rating of “Moderate Buy” and a consensus target price of $477.15.

Check Out Our Latest Research Report on RACE

About Ferrari

(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.

EFG International AG Invests $47.80 Million in Ferrari N.V. $RACE

Ferrari Price Performance

Wall Street Analysts Forecast Growth

About Ferrari

Further Reading

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