Ferrari N.V. $RACE Shares Purchased by Bahl & Gaynor LLC

Bahl & Gaynor LLC increased its stake in Ferrari N.V. (NYSE:RACE) by 100.4% in the third quarter, Holdings Channel reports. The firm owned 185,869 shares of the company’s stock after purchasing an additional 93,134 shares during the period. Bahl & Gaynor LLC’s holdings in Ferrari were worth $73,019,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Amundi increased its stake in Ferrari by 3.4% during the 2nd quarter. Amundi now owns 3,060,265 shares of the company’s stock valued at $1,139,306,000 after purchasing an additional 101,906 shares in the last quarter. Bank of New York Mellon Corp purchased a new position in shares of Ferrari in the second quarter worth $952,874,000. Deutsche Bank AG purchased a new position in shares of Ferrari in the second quarter worth $413,209,000. The Manufacturers Life Insurance Company acquired a new stake in shares of Ferrari during the second quarter worth $388,816,000. Finally, Ninety One UK Ltd lifted its stake in shares of Ferrari by 12.3% during the third quarter. Ninety One UK Ltd now owns 941,574 shares of the company’s stock worth $370,470,000 after buying an additional 103,264 shares during the period.

Ferrari Stock Performance

Shares of NYSE RACE opened at $415.71 on Wednesday. The company has a current ratio of 4.94, a quick ratio of 3.81 and a debt-to-equity ratio of 0.80. Ferrari N.V. has a 12 month low of $312.51 and a 12 month high of $437.15. The company has a 50 day simple moving average of $402.81 and a two-hundred day simple moving average of $371.87. The stock has a market cap of $97.25 billion, a price-to-earnings ratio of 37.52, a PEG ratio of 3.68 and a beta of 0.89.

Ferrari (NYSE:RACE) last released its quarterly earnings data on Tuesday, November 3rd. The company reported $2.76 EPS for the quarter, beating the consensus estimate of $2.66 by $0.10. The business had revenue of $2.15 billion for the quarter, compared to the consensus estimate of $2.15 billion. Ferrari had a net margin of 22.55% and a return on equity of 43.71%. The business’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same period in the prior year, the firm earned $2.14 EPS. As a group, analysts predict that Ferrari N.V. will post 11.34 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on RACE. Citigroup reissued a “neutral” rating on shares of Ferrari in a report on Monday, August 3rd. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Ferrari in a research note on Tuesday, September 29th. Berenberg Bank reaffirmed a “buy” rating on shares of Ferrari in a research report on Monday, September 28th. Sanford C. Bernstein reiterated a “buy” rating on shares of Ferrari in a research note on Tuesday, September 29th. Finally, Needham & Company LLC raised Ferrari to a “neutral” rating in a report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $456.71.

Ferrari News Roundup

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Ferrari reported purchasing 17,786 shares for about €6.43 million under its €250 million buyback tranche. Repurchases can modestly support per-share results and signal confidence, though this reported amount is small relative to the full tranche. Ferrari reports share purchases under €250 million buyback tranche
• Positive Sentiment: A comparison with NIO highlights Ferrari’s high net margins and brand loyalty, supported by its exclusive production model. These qualities reinforce Ferrari’s premium business case, though the article does not report a new company development. NIO vs. Ferrari: Which Luxury Car Stock Is a Better Buy for 2027?
• Neutral Sentiment: An analysis says Ferrari may appeal to investors seeking exposure to ultra-luxury, while framing that appeal as less compelling for investors prioritizing returns. It is an opinion piece, not a change in company fundamentals. Ferrari Shares Worth Owning If Return Less Important Than Ultra Luxury Adjacency
• Negative Sentiment: Ferrari team principal Fred Vasseur discussed tyre struggles at the São Paulo Grand Prix. This may weigh on racing-related sentiment, but the report does not indicate a direct impact on vehicle sales or financial results. Fred Vasseur on Ferrari’s tyre struggles at São Paulo GP
• Negative Sentiment: A critical opinion article argues that the design of Ferrari’s Luce could concern shareholders. The headline signals a subjective design critique; the supplied details do not establish a commercial or financial impact. Ferrari’s Luce Looks Like An IQOS, And That Should Worry Shareholders

Ferrari Profile

Ferrari N.V. designs, manufactures and sells luxury sports cars under the Ferrari brand. Based in Maranello, Italy, the company offers a range of road cars, including series-production models, special-series vehicles and limited-edition cars, with customization options for clients. Ferrari also operates a motorsports business centered on its racing heritage. Scuderia Ferrari competes in Formula One and other racing series, while the company organizes customer racing programs and events. In addition to cars and racing, Ferrari develops and licenses branded merchandise and lifestyle products.