Moore Capital Management LP Boosts Stock Holdings in Ferrari N.V. $RACE

Moore Capital Management LP grew its stake in shares of Ferrari N.V. (NYSE:RACE) by 16.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 21,196 shares of the company’s stock after buying an additional 3,008 shares during the quarter. Moore Capital Management LP’s holdings in Ferrari were worth $10,243,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Lighthouse Investment Partners LLC purchased a new stake in Ferrari during the 3rd quarter valued at about $337,000. Fayez Sarofim & Co increased its stake in Ferrari by 0.8% in the 3rd quarter. Fayez Sarofim & Co now owns 10,379 shares of the company’s stock worth $5,036,000 after purchasing an additional 84 shares during the period. Focus Partners Wealth increased its stake in Ferrari by 8.7% in the 3rd quarter. Focus Partners Wealth now owns 14,771 shares of the company’s stock worth $7,101,000 after purchasing an additional 1,184 shares during the period. Community Bank N.A. bought a new stake in Ferrari in the third quarter valued at approximately $33,000. Finally, Chiron Capital Management LLC bought a new stake in Ferrari in the third quarter valued at approximately $291,000.

Ferrari Stock Up 0.8%

Shares of NYSE:RACE opened at $334.39 on Tuesday. The stock has a 50 day moving average price of $354.62 and a 200-day moving average price of $396.34. The company has a debt-to-equity ratio of 0.74, a quick ratio of 4.38 and a current ratio of 5.70. The firm has a market capitalization of $78.23 billion, a P/E ratio of 33.07, a P/E/G ratio of 3.24 and a beta of 0.97. Ferrari N.V. has a 52-week low of $328.00 and a 52-week high of $519.10.

Ferrari Increases Dividend

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

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on RACE shares. HSBC restated a “hold” rating on shares of Ferrari in a report on Tuesday, January 13th. JPMorgan Chase & Co. increased their price target on shares of Ferrari from $407.00 to $447.00 and gave the company an “overweight” rating in a research report on Tuesday, March 3rd. UBS Group cut their price target on shares of Ferrari from $563.00 to $555.00 and set a “buy” rating on the stock in a report on Friday, January 9th. Zacks Research upgraded shares of Ferrari from a “strong sell” rating to a “hold” rating in a research report on Monday, February 2nd. Finally, Barclays set a $420.00 price objective on shares of Ferrari and gave the company an “overweight” rating in a research note on Tuesday, December 9th. Three investment analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Ferrari currently has a consensus rating of “Moderate Buy” and a consensus price target of $475.61.

Key Headlines Impacting Ferrari

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Company update showing continued execution of the first €250m tranche of a multi‑year ~€3.5bn share buyback; treasury stake approaching ~9%, which reduces float and supports EPS. FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
• Positive Sentiment: Street sentiment remains supportive — coverage notes (including JPMorgan commentary) point to durable margins and bullish views after fiscal 2025, which can help underpin multiple expansion and investor confidence. JPMorgan Analysts Bullish on Ferrari N.V. (RACE) Following Fiscal 2025 Results
• Neutral Sentiment: Sporting upside from high-visibility results: Lewis Hamilton earned his first Ferrari podium at the Chinese GP, raising brand exposure and fan engagement — positive for luxury halo but indirect for near-term EPS. Kimi Antonelli wins Chinese GP — Guardian
• Negative Sentiment: Technical/regulatory snag: reports say Ferrari removed a controversial wing after talks with F1 authorities in Shanghai — could imply lost development/track performance or near-term engineering disruption. Ferrari forced to axe ‘illegal’ wing — The Sun
• Negative Sentiment: Team conduct risk: several commentators and former drivers criticized an on-track battle between Ferrari drivers (and Lewis Hamilton), warning it “destroyed” race chances and highlighting collision risk — raises governance/operational concerns for investors watching sporting risk and reputational impact. Lewis Hamilton accused of ‘destroying’ Ferrari’s race — Express

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.