Sanctuary Advisors LLC Takes $3.56 Million Position in Ferrari N.V. $RACE

Posted by on Aug 26th, 2026

Sanctuary Advisors LLC purchased a new position in Ferrari N.V. (NYSE:RACE – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 9,585 shares of the company’s stock, valued at approximately $3,556,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in RACE. Fideuram Asset Management Ireland dac purchased a new position in Ferrari during the fourth quarter worth about $29,000. Entrust Financial LLC purchased a new stake in shares of Ferrari in the 4th quarter valued at about $33,000. Bellevue Asset Management LLC purchased a new stake in shares of Ferrari in the 1st quarter valued at about $34,000. Bamco Inc. NY boosted its position in shares of Ferrari by 790.9% during the 4th quarter. Bamco Inc. NY now owns 98 shares of the company’s stock valued at $36,000 after acquiring an additional 87 shares during the last quarter. Finally, Dunhill Financial LLC bought a new stake in shares of Ferrari during the 2nd quarter valued at about $38,000.

Ferrari Stock Performance

NYSE:RACE opened at $421.86 on Wednesday. The business has a 50 day moving average of $386.88 and a 200 day moving average of $361.63. The company has a market capitalization of $98.69 billion, a price-to-earnings ratio of 39.17, a PEG ratio of 3.65 and a beta of 0.91. Ferrari N.V. has a 1-year low of $312.51 and a 1-year high of $504.49. The company has a debt-to-equity ratio of 0.86, a current ratio of 4.85 and a quick ratio of 3.70.

Ferrari (NYSE:RACE – Get Free Report) last issued its quarterly earnings results on Friday, July 31st. The company reported $2.99 EPS for the quarter, beating analysts’ consensus estimates of $2.83 by $0.16. The business had revenue of $2.21 billion for the quarter, compared to analysts’ expectations of $2.14 billion. Ferrari had a net margin of 22.29% and a return on equity of 42.83%. The business’s quarterly revenue was up 8.4% on a year-over-year basis. During the same period last year, the business earned $2.38 earnings per share. On average, sell-side analysts predict that Ferrari N.V. will post 11.18 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts recently weighed in on RACE shares. Sanford C. Bernstein upped their price objective on shares of Ferrari from $402.00 to $460.00 and gave the stock an “outperform” rating in a research report on Friday, July 31st. UBS Group cut their price target 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. Weiss Ratings reissued a “hold (c)” rating on shares of Ferrari in a report on Wednesday, July 8th. Morgan Stanley restated an “overweight” rating and set a $442.00 price objective on shares of Ferrari in a research report on Friday, July 31st. Finally, Citigroup reaffirmed a “neutral” rating on shares of Ferrari in a report on Monday, August 3rd. Three equities research analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $477.15.

Read Our Latest Stock Analysis 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.

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Institutional Ownership by Quarter for Ferrari (NYSE:RACE)

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