Ferrari N.V. $RACE Stock Position Increased by Biglari Sardar

Biglari Sardar boosted its holdings in Ferrari N.V. (NYSE:RACE) by 10.4% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 25,500 shares of the company’s stock after acquiring an additional 2,400 shares during the period. Ferrari accounts for about 24.9% of Biglari Sardar’s portfolio, making the stock its largest holding. Biglari Sardar’s holdings in Ferrari were worth $12,373,000 at the end of the most recent quarter.

Other hedge funds also recently added to or reduced their stakes in the company. Benjamin Edwards Inc. increased its stake in Ferrari by 3.7% during the second quarter. Benjamin Edwards Inc. now owns 613 shares of the company’s stock worth $299,000 after acquiring an additional 22 shares during the last quarter. Allworth Financial LP raised its position in Ferrari by 7.5% in the second quarter. Allworth Financial LP now owns 330 shares of the company’s stock valued at $162,000 after purchasing an additional 23 shares during the period. Valeo Financial Advisors LLC lifted its stake in shares of Ferrari by 2.2% in the 2nd quarter. Valeo Financial Advisors LLC now owns 1,086 shares of the company’s stock valued at $532,000 after purchasing an additional 23 shares during the last quarter. Certuity LLC grew its holdings in shares of Ferrari by 4.5% during the 2nd quarter. Certuity LLC now owns 582 shares of the company’s stock worth $285,000 after purchasing an additional 25 shares during the period. Finally, Wealth Alliance LLC grew its holdings in shares of Ferrari by 2.0% during the 3rd quarter. Wealth Alliance LLC now owns 1,251 shares of the company’s stock worth $607,000 after purchasing an additional 25 shares during the period.

More Ferrari News

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Ferrari will debut a rotating “Macarena” rear wing in China, showing aggressive aero innovation that could improve race pace if effective. Article Title
• Positive Sentiment: Multiple outlets report Ferrari experimenting with new winglets (including a halo winglet) in China — continued on-track development may provide performance upside later in the season. Article Title
• Positive Sentiment: F1 coverage includes lifestyle/brand pieces (a day in the life of a Ferrari racing driver, Leclerc features) that support Ferrari’s premium brand and fan engagement. Article Title
• Neutral Sentiment: Ferrari is sharing technical info with customer team Haas; this collaboration manages relationships but raises questions about competitive leverage. Article Title
• Neutral Sentiment: Debate continues in media and among drivers about the Ferrari vs Mercedes dynamic — mixed commentary from Hamilton and Russell frames uncertain competitive outlook. Article Title
• Negative Sentiment: High-profile criticism: Lewis Hamilton and others say Ferrari is losing significant time to Mercedes due to engine/power-unit disadvantage — a direct hit to race-winning prospects. Article Title
• Negative Sentiment: Calls from rivals and media for Ferrari to close the PU deficit increase pressure on technical and management teams; investors may worry about costly development needs or short-term underperformance. Article Title
• Negative Sentiment: Race execution questioned after Australian GP strategy reviews and comments that Ferrari’s calls “robbed” them of a better result — operational miscues can depress short-term results and sentiment. Article Title
• Negative Sentiment: Drivers and pundits accuse Ferrari of obstructing rule-change talks and failing to learn from rivals’ mistakes — governance/PR friction could weigh on brand and on-track cooperation. Article Title

Ferrari Price Performance

RACE stock opened at $332.56 on Friday. The company has a current ratio of 5.70, a quick ratio of 4.38 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $77.80 billion, a PE ratio of 32.89, a P/E/G ratio of 3.24 and a beta of 0.97. Ferrari N.V. has a 12-month low of $328.00 and a 12-month high of $519.10. The business’s fifty day moving average price is $355.52 and its 200 day moving average price is $397.87.

Ferrari Increases Dividend

The company also recently announced an annual dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Tuesday, April 21st will be given a $3.615 dividend. The ex-dividend date of this dividend is Tuesday, April 21st. This represents a yield of 99.0%. This is an increase from Ferrari’s previous annual dividend of $3.13.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. BNP Paribas Exane raised Ferrari to a “strong-buy” rating in a research report on Thursday, December 11th. Loop Capital set a $481.67 target price on shares of Ferrari in a research note on Thursday, December 4th. UBS Group dropped their price target on shares of Ferrari from $563.00 to $555.00 and set a “buy” rating for the company in a research report on Friday, January 9th. Sanford C. Bernstein reissued an “outperform” rating and issued a $410.00 price target on shares of Ferrari in a research note on Wednesday, February 11th. Finally, Barclays set a $420.00 price objective on shares of Ferrari and gave the stock an “overweight” rating in a report on Tuesday, December 9th. Three investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $475.61.

Ferrari Company Profile

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.