Ferrari N.V. $RACE Stake Raised by CIBC Private Wealth Group LLC

CIBC Private Wealth Group LLC lifted its holdings in shares of Ferrari N.V. (NYSE:RACE) by 3.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 183,917 shares of the company’s stock after buying an additional 5,958 shares during the period. CIBC Private Wealth Group LLC’s holdings in Ferrari were worth $89,077,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in RACE. Groupama Asset Managment raised its stake in Ferrari by 24,598.5% during the 2nd quarter. Groupama Asset Managment now owns 16,073,800 shares of the company’s stock valued at $7,888,057,000 after acquiring an additional 16,008,720 shares in the last quarter. Vanguard Group Inc. boosted its position in Ferrari by 1.6% during the 3rd quarter. Vanguard Group Inc. now owns 5,154,944 shares of the company’s stock worth $2,498,710,000 after acquiring an additional 81,017 shares during the period. Amundi grew its stake in shares of Ferrari by 8.0% in the third quarter. Amundi now owns 2,972,368 shares of the company’s stock worth $1,461,008,000 after purchasing an additional 219,909 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in shares of Ferrari by 63.7% during the third quarter. Bank of New York Mellon Corp now owns 2,670,762 shares of the company’s stock valued at $1,295,907,000 after purchasing an additional 1,039,234 shares during the period. Finally, Bank of Italy increased its holdings in shares of Ferrari by 2.3% during the third quarter. Bank of Italy now owns 2,462,771 shares of the company’s stock valued at $1,190,158,000 after purchasing an additional 55,500 shares during the period.

More Ferrari News

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Ferrari expands motorsport presence with a six‑car entry for the Sebring 12 Hours, supporting brand visibility and customer‑racing revenue streams. Ferrari takes on Sebring 12 Hours with six-car lineup
• Positive Sentiment: Ferrari appears to be accelerating testing/development (reports of a secret Monza test), which could help on‑track performance — a key long‑term brand and R&D positive. F1 Today | Ferrari exploring secret Monza test
• Positive Sentiment: Marketing/brand crossover: high‑profile entrants and events (Ferrari Challenge debut by social influencer Carl Runefelt, desert track PR) broaden exposure and could support customer‑engagement and merchandising. The Moon Group Founder Carl Runefelt Makes Ferrari Challenge Debut
• Neutral Sentiment: Racing analysis shows Ferrari close to Mercedes in parts of the Chinese GP — useful for long‑term competitiveness assessment but not an immediate financial catalyst. How close is Ferrari to Mercedes?
• Neutral Sentiment: Technical fine‑tuning continues (reports Ferrari removed a concerning detail after sprint success) — normal engineering iteration rather than a clear positive or negative for investors. Ferrari removes concerning detail from car
• Negative Sentiment: Investment write‑ups are cautious: a recent Seeking Alpha piece calls Ferrari “resilient but not a buy yet,” highlighting valuation (high P/E, premium multiples) and dampening near‑term investor appetite. Ferrari Remains Resilient But Isn’t A Buy Yet
• Negative Sentiment: On‑track controversies and tactical errors at the Chinese GP (criticisms from drivers/analysts, Frederic Vasseur pushing back on rule appeals) may raise questions about strategy and governance in F1 — increased noise can pressure sentiment short term. David Coulthard surprised by Ferrari tactics in China Vasseur criticises Ferrari rivals
• Negative Sentiment: Driver clashes and accusations (reports that Hamilton ‘destroyed’ Ferrari’s race) create headlines that can imply reliability or strategy weaknesses to investors focused on F1 success as a brand driver. Lewis Hamilton ‘destroyed’ Ferrari’s race

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Jefferies Financial Group reaffirmed a “hold” rating on shares of Ferrari in a report on Wednesday, February 11th. Loop Capital set a $481.67 target price on shares of Ferrari in a research note on Thursday, December 4th. JPMorgan Chase & Co. boosted their price target on shares of Ferrari from $407.00 to $447.00 and gave the stock an “overweight” rating in a research report on Tuesday, March 3rd. The Goldman Sachs Group raised shares of Ferrari to a “strong-buy” rating in a research note on Monday, November 24th. Finally, Zacks Research upgraded shares of Ferrari from a “strong sell” rating to a “hold” rating in a report on Monday, February 2nd. Three analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $475.61.

Ferrari Trading Down 1.6%

Shares of Ferrari stock opened at $331.13 on Thursday. The company has a quick ratio of 4.38, a current ratio of 5.70 and a debt-to-equity ratio of 0.74. The firm has a market cap of $77.47 billion, a price-to-earnings ratio of 32.75, a price-to-earnings-growth ratio of 3.28 and a beta of 0.97. The business has a fifty day simple moving average of $353.20 and a 200-day simple moving average of $394.90. Ferrari N.V. has a fifty-two week low of $328.00 and a fifty-two week high of $519.10.

Ferrari Increases Dividend

The firm also recently declared 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. This represents a yield of 99.0%. This is a boost from Ferrari’s previous annual dividend of $3.13. The ex-dividend date is Tuesday, April 21st.

About Ferrari

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.