Baillie Gifford & Co. Has $1.46 Billion Position in Ferrari N.V. $RACE

Key Points

• Baillie Gifford trimmed its stake in Ferrari by 1.3% to 3,890,014 shares, a holding worth about $1.456 billion that represents roughly 1.2% of its portfolio and is its 18th largest position.
• Ferrari raised its annual dividend to $3.615 per share (record date April 21; payable May 5), up from the prior $3.13 annual payout.
• Analysts have a consensus rating of "Moderate Buy" on RACE with a consensus price target of $469.06, amid several recent upgrades and target revisions.

Baillie Gifford & Co. reduced its holdings in shares of Ferrari N.V. (NYSE:RACE - Free Report) by 1.3% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,890,014 shares of the company's stock after selling 51,816 shares during the period. Ferrari comprises about 1.2% of Baillie Gifford & Co.'s investment portfolio, making the stock its 18th biggest position. Baillie Gifford & Co. owned 1.60% of Ferrari worth $1,456,021,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the business. Benjamin Edwards Inc. boosted its position in shares of Ferrari by 3.7% during the 2nd quarter. Benjamin Edwards Inc. now owns 613 shares of the company's stock valued at $299,000 after acquiring an additional 22 shares in the last quarter. Valeo Financial Advisors LLC lifted its position in shares of Ferrari by 2.2% during the second quarter. Valeo Financial Advisors LLC now owns 1,086 shares of the company's stock worth $532,000 after purchasing an additional 23 shares in the last quarter. Wealth Alliance LLC lifted its position in shares of Ferrari by 2.0% during the third quarter. Wealth Alliance LLC now owns 1,251 shares of the company's stock worth $607,000 after purchasing an additional 25 shares in the last quarter. Pacific Sun Financial Corp lifted its position in shares of Ferrari by 2.5% during the third quarter. Pacific Sun Financial Corp now owns 1,008 shares of the company's stock worth $489,000 after purchasing an additional 25 shares in the last quarter. Finally, Blue Trust Inc. lifted its position in shares of Ferrari by 8.0% during the third quarter. Blue Trust Inc. now owns 350 shares of the company's stock worth $170,000 after purchasing an additional 26 shares in the last quarter.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on RACE shares. Morgan Stanley set a $420.00 price target on shares of Ferrari in a research note on Monday, February 16th. Jefferies Financial Group raised shares of Ferrari from a "hold" rating to a "buy" rating in a research note on Tuesday, March 31st. Citigroup raised shares of Ferrari from a "sell" rating to a "neutral" rating in a research report on Thursday, February 12th. UBS Group lowered their price objective on shares of Ferrari from $555.00 to $483.00 and set a "buy" rating for the company in a research report on Wednesday, April 1st. Finally, Zacks Research raised shares of Ferrari from a "strong sell" rating to a "hold" rating in a research report on Monday, February 2nd. Three research analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $469.06.

Ferrari Stock Up 0.1%

Ferrari stock opened at $352.27 on Monday. The company has a market cap of $82.41 billion, a P/E ratio of 34.84, a price-to-earnings-growth ratio of 3.33 and a beta of 1.00. Ferrari N.V. has a 1-year low of $312.51 and a 1-year high of $519.10. The company has a fifty day simple moving average of $348.16 and a 200 day simple moving average of $376.48. The company has a current ratio of 5.70, a quick ratio of 4.38 and a debt-to-equity ratio of 0.74.

Ferrari Increases Dividend

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

Key Ferrari News

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Customer-racing win at Sebring underscores strong brand engagement and aftermarket/customer-racing demand — good for recurring revenue and halo effect. Kaminskey Powers to Comeback Win in Ferrari Challenge at Sebring
• Positive Sentiment: Early competitiveness of the Ferrari 296 GT3 Evo in GT World Challenge Europe signals strong race-program performance, which helps product development and brand prestige. Ferrari 296 GT3 Evo, early indications in the GT World Challenge Europe
• Positive Sentiment: Public drag-race coverage of the 1,000 HP SF90 Stradale vs Tesla Model X Plaid highlights Ferrari’s EV/HEV and hybrid performance credentials and generates marketing value for flagship road cars. 1,000 HP Ferrari SF90 Stradale vs Tesla Model X Plaid drag race
• Positive Sentiment: High-intensity F1 testing (Hamilton logging extensive wet‑tire laps) and reports on race-engineer decisions suggest Ferrari’s factory F1 program is progressing, potentially improving on-track results and investor confidence. Hamilton logs 297 laps in Ferrari’s intense wet‑tire test ahead of F1’s return
• Positive Sentiment: Ferrari plans a major F1 car upgrade in Miami, which could boost short‑term competitiveness in the championship and lift sentiment around future revenue from motorsport and tech transfer. Ferrari to Introduce Major F1 Car Upgrade in Miami 2026
• Neutral Sentiment: Historical and human-interest pieces (e.g., 20 years since Schumacher’s last Ferrari win; Imola endurance history) support brand narrative but have limited direct near‑term financial impact. 20 years on: Michael Schumacher and Ferrari last hoorah; Alonso’s unwanted title milestone
• Neutral Sentiment: Roundups on F1 personnel moves and race‑engineer updates are being reported widely; these can affect team dynamics but outcomes remain uncertain until hires/assignments are finalized. Lewis Hamilton race engineer update as Verstappen told F1 ‘doesn’t need’ him – roundup
• Negative Sentiment: Geopolitical risk — coverage noting the Iran conflict could threaten luxury automaker demand — is a macro downside that may weigh on Ferrari’s high‑end sales and investor sentiment if tensions persist. Iran Conflict Threatens Lucrative Luxury Stock -- Time to Panic, or Time to Buy?
• Negative Sentiment: Racing coverage noting that Ferrari’s dominance faces tests in WEC and other series signals competitive pressure that could limit near‑term margin or trophy upside. Ferrari’s Dominance Faces Test in 2026 WEC Season

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.

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