Bowie Capital Management LLC Increases Stock Holdings in Ferrari N.V. $RACE

Key Points

• Bowie Capital Management LLC increased its Ferrari stake by 125.6% in Q3 to 61,478 shares worth $29.83 million, representing 1.3% of the fund and its 23rd largest holding.
• Ferrari declared an increased annual dividend of $3.615 per share, payable May 5 with record/ex‑dividend date April 21 (article notes a reported yield of 99.0%).
• Analyst coverage shows a consensus rating of "Moderate Buy" for RACE with an average price target of $475.61 (three Strong Buy, eight Buy, six Hold).

Bowie Capital Management LLC boosted its stake in Ferrari N.V. (NYSE:RACE - Free Report) by 125.6% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 61,478 shares of the company's stock after buying an additional 34,222 shares during the quarter. Ferrari makes up 1.3% of Bowie Capital Management LLC's investment portfolio, making the stock its 23rd largest holding. Bowie Capital Management LLC's holdings in Ferrari were worth $29,830,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Mather Group LLC. purchased a new position in Ferrari during the 3rd quarter worth $27,000. Westside Investment Management Inc. raised its holdings in shares of Ferrari by 100.0% in the third quarter. Westside Investment Management Inc. now owns 56 shares of the company's stock valued at $27,000 after purchasing an additional 28 shares during the last quarter. Root Financial Partners LLC bought a new position in shares of Ferrari during the third quarter valued at about $28,000. Newbridge Financial Services Group Inc. bought a new position in shares of Ferrari during the second quarter valued at about $30,000. Finally, Virtus Advisers LLC purchased a new position in Ferrari during the second quarter worth about $34,000.

Key Ferrari News

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Multiple outlets report Ferrari showing strong pace in Friday practice (including a 1‑2 in opening practice), signaling the team’s 2026 package is competitive — a positive for near‑term sport and brand momentum. Leclerc leads Ferrari 1-2 in opening Australian GP practice
• Positive Sentiment: JPMorgan published a forecast calling for strong price appreciation for RACE, providing analyst support that can stabilize or lift valuation expectations. JPMorgan Chase & Co. Forecasts Strong Price Appreciation for Ferrari NYSE: RACE Stock
• Positive Sentiment: Bullish investor write‑ups and pundit commentary (season predictions and endorsements of Ferrari’s strength) add to narrative that Ferrari could translate on‑track success into longer‑term value. Is Ferrari N.V. (RACE) A Good Stock To Buy Now?
• Neutral Sentiment: Season previews and pundit pieces (predictions, driver matchups) amplify expectations but are mostly sentiment-driven rather than altering fundamentals. F1 season predictions: Our picks for 2026’s title race, surprises and one ‘dumpster fire’
• Negative Sentiment: Media coverage of concerning radio exchanges between Lewis Hamilton and his new race engineer has surfaced, raising questions about early driver‑engineer chemistry and short‑term team cohesion. Lewis Hamilton creates concern as radio messages with new race engineer emerge
• Negative Sentiment: Reports that Hamilton’s new Ferrari engineer is present at the GP but with an unclear start date add execution risk around integrating a marquee signing, which can temper investor enthusiasm. Lewis Hamilton’s new Ferrari engineer seen at Australian GP but start date still up in the air
• Negative Sentiment: Some pieces note a “key issue” despite Ferrari’s advantage, suggesting that operational or reliability concerns could offset performance gains — a potential near‑term negative for sentiment. Ferrari handed new 2026 advantage ahead of Australian GP as key issue emerges

Analyst Ratings Changes

A number of brokerages have issued reports on RACE. Royal Bank Of Canada reaffirmed an "outperform" rating on shares of Ferrari in a research report on Wednesday, February 11th. Citigroup upgraded Ferrari from a "sell" rating to a "neutral" rating in a research note on Thursday, February 12th. Oddo Bhf lowered Ferrari to a "neutral" rating in a report on Wednesday, December 10th. Zacks Research raised Ferrari from a "strong sell" rating to a "hold" rating in a research report on Monday, February 2nd. Finally, UBS Group dropped their price target on Ferrari from $563.00 to $555.00 and set a "buy" rating on the stock in a report on Friday, January 9th. Three equities research 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 stock. Based on data from MarketBeat, Ferrari presently has a consensus rating of "Moderate Buy" and an average target price of $475.61.

Ferrari Stock Performance

NYSE RACE opened at $350.10 on Friday. The company has a market capitalization of $81.91 billion, a PE ratio of 34.63, a price-to-earnings-growth ratio of 3.41 and a beta of 0.97. The company has a debt-to-equity ratio of 0.74, a quick ratio of 4.38 and a current ratio of 5.70. Ferrari N.V. has a 52-week low of $328.00 and a 52-week high of $519.10. The company has a 50-day simple moving average of $358.69 and a 200 day simple moving average of $402.36.

Ferrari Increases Dividend

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

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.

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