Russell Investments Group Ltd. Has $76.12 Million Stock Position in Ferrari N.V. $RACE

Russell Investments Group Ltd. lessened its position in shares of Ferrari N.V. (NYSE:RACE) by 11.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 157,327 shares of the company’s stock after selling 19,802 shares during the quarter. Russell Investments Group Ltd. owned about 0.06% of Ferrari worth $76,118,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the company. Groupama Asset Managment increased its position in Ferrari by 24,598.5% in the second quarter. Groupama Asset Managment now owns 16,073,800 shares of the company’s stock worth $7,888,057,000 after purchasing an additional 16,008,720 shares during the period. Vanguard Group Inc. lifted 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 valued at $2,498,710,000 after purchasing an additional 81,017 shares during the period. Bank of New York Mellon Corp lifted its position in Ferrari by 63.7% during the 3rd 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. Bank of Italy lifted its position in Ferrari by 2.3% during the 3rd 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. Finally, Alliancebernstein L.P. boosted its stake in shares of Ferrari by 5.6% in the 2nd quarter. Alliancebernstein L.P. now owns 1,866,558 shares of the company’s stock valued at $915,995,000 after purchasing an additional 99,221 shares during the last quarter.

Key Ferrari News

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Company is actively repurchasing shares as part of a multi-year ~€3.5 billion buyback program; Ferrari reported purchases under the first €250m tranche, a clear cash-return driver that supports EPS and valuation. Read More.
• Positive Sentiment: Analyst/press pieces reinforce Ferrari’s luxury, scarcity-driven pricing power—arguing the stock trades more like a collectible asset than a volume carmaker—supporting a premium multiple. Read More.
• Positive Sentiment: External praise from competitors (e.g., Lando Norris saying Ferrari’s cornering speed is “unbelievable”) highlights competitive on-track performance, which boosts brand halo and sponsorship/marketing value. Read More.
• Positive Sentiment: Ferrari published its official driver programmes for 2026 endurance racing, reinforcing motorsport commitments that support long-term brand equity. Read More.
• Neutral Sentiment: Fans reacted positively to Lewis Hamilton’s communication with Ferrari’s new race engineer—good PR but limited direct corporate/financial impact. Read More.
• Neutral Sentiment: Entertainment/enthusiast coverage (drag race video between F8 Tributo and 488 Pista) drives consumer interest, but minimal near-term effect on fundamentals. Read More.
• Neutral Sentiment: Feature pieces and owner stories (e.g., reflections on owning iconic Ferraris) help brand perception but are not material to near-term shares. Read More.
• Negative Sentiment: Race coverage criticized Ferrari’s Australian GP performance (“bottled” race; Mercedes outshone Ferrari), which creates short-term reputational and execution concerns for its F1 flagship. Read More.
• Negative Sentiment: Controversy around strategy in Australia—Ferrari publicly defended its calls (“no regrets”)—may signal management/stewardship questions that traders can punish in the short term. Read More.
• Negative Sentiment: Driver comments and punditry (Leclerc likening racing to “Mario Kart”; other critical headlines including messages from Lewis Hamilton) add noise and can feed short-term volatility. Read More.
• Negative Sentiment: Several critical/pressure pieces signal that motorsport setbacks are the main near-term risk to sentiment despite solid capital allocation and brand strength. Read More.

Ferrari Stock Performance

Shares of Ferrari stock opened at $346.37 on Wednesday. The stock’s fifty day simple moving average is $357.59 and its 200 day simple moving average is $400.17. 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 $81.03 billion, a PE ratio of 34.26, a PEG ratio of 3.38 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.

Ferrari Increases Dividend

The firm also recently disclosed an annual dividend, which will be paid on Tuesday, May 5th. Stockholders of record on Tuesday, April 21st will be issued a dividend of $3.615 per share. This is a boost from Ferrari’s previous annual dividend of $3.13. The ex-dividend date is Tuesday, April 21st. This represents a dividend yield of 99.0%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on RACE shares. Royal Bank Of Canada reiterated an “outperform” rating on shares of Ferrari in a research report on Wednesday, February 11th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Ferrari in a research note on Monday, December 29th. JPMorgan Chase & Co. lifted their target price on shares of Ferrari from $407.00 to $447.00 and gave the stock an “overweight” rating in a report on Tuesday, March 3rd. Morgan Stanley set a $420.00 target price on shares of Ferrari in a research report on Monday, February 16th. Finally, BNP Paribas Exane raised Ferrari to a “strong-buy” rating in a research note on Thursday, December 11th. Three investment analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, Ferrari presently has an average rating of “Moderate Buy” and an average price target of $475.61.

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.