Ferrari N.V. $RACE Shares Sold by Aquamarine Zurich AG

Key Points

• Aquamarine Zurich AG trimmed its Ferrari stake by 50.0% in Q4, selling 30,000 shares and leaving 30,000 shares valued at $11.087 million, which represents about 7.4% of the fund's portfolio and its 5th-largest position.
• Ferrari increased its annual dividend to $3.615 per share (up from $3.13), payable May 5 to shareholders of record on April 21 (ex-dividend date April 21).
• Ferrari is advancing a €3.5bn buyback program and retains favorable analyst sentiment — MarketBeat lists a "Moderate Buy" consensus with an average target price of $475.61.

Aquamarine Zurich AG trimmed its position in shares of Ferrari N.V. (NYSE:RACE - Free Report) by 50.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 30,000 shares of the company's stock after selling 30,000 shares during the period. Ferrari accounts for approximately 7.4% of Aquamarine Zurich AG's investment portfolio, making the stock its 5th biggest position. Aquamarine Zurich AG's holdings in Ferrari were worth $11,087,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in RACE. Mather Group LLC. bought a new position in shares of Ferrari in the 3rd quarter valued at about $27,000. Westside Investment Management Inc. raised its holdings in shares of Ferrari by 100.0% in the 3rd 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 period. Root Financial Partners LLC bought a new stake in shares of Ferrari in the 3rd quarter valued at about $28,000. Newbridge Financial Services Group Inc. acquired a new stake in Ferrari in the 2nd quarter valued at about $30,000. Finally, Community Bank N.A. acquired a new stake in Ferrari in the 3rd quarter valued at about $33,000.

Ferrari Trading Up 3.1%

Shares of RACE stock opened at $327.34 on Tuesday. The firm has a 50 day moving average price of $347.07 and a two-hundred day moving average price of $385.10. The company has a quick ratio of 4.38, a current ratio of 5.70 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $76.58 billion, a PE ratio of 32.37, a price-to-earnings-growth ratio of 3.10 and a beta of 0.97. Ferrari N.V. has a 12-month low of $312.51 and a 12-month high of $519.10.

Ferrari Increases Dividend

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

Wall Street Analyst Weigh In

A number of brokerages have weighed in on RACE. Sanford C. Bernstein reissued an "outperform" rating and set a $410.00 price target on shares of Ferrari in a research report on Wednesday, February 11th. Jefferies Financial Group reaffirmed a "hold" rating on shares of Ferrari in a research report on Wednesday, February 11th. JPMorgan Chase & Co. lifted their target price on Ferrari from $407.00 to $447.00 and gave the stock an "overweight" rating in a research note on Tuesday, March 3rd. Morgan Stanley set a $420.00 target price on Ferrari in a report on Monday, February 16th. Finally, Loop Capital set a $481.67 price target on Ferrari in a research note on Thursday, December 4th. Three equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $475.61.

More Ferrari News

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Company buyback execution — Ferrari reported additional purchases under the €250m first tranche of its ~€3.5bn multi‑year buyback, increasing treasury stock and reducing float, which supports EPS and buyback-driven stock demand. FERRARI N.V.: PERIODIC REPORT ON THE BUYBACK PROGRAM
• Positive Sentiment: Expanded treasury stake coverage — market writeups note Ferrari is actively expanding its treasury stake as the €3.5bn buyback advances, reinforcing investor confidence in capital-return policy. Ferrari Expands Treasury Stake as €3.5 Billion Buyback Advances
• Positive Sentiment: Positive analyst/retail narrative — a retail investing piece lists Ferrari as a durable, moat‑worthy auto play for long-term holders, which can attract buy‑and‑hold flows. 3 Lucrative Stocks to Buy Now and Hold Forever
• Positive Sentiment: Racing and brand engagement — recent Ferrari Challenge results (Phillip Island, Suzuka) and a new British GT entry keep the brand visible among enthusiasts and support demand for road and track models. Ferrari Challenge Australasia comes to dramatic end at Phillip Island Tsuzuki and Kenbow take the double in Race 2 at Suzuka Aussie duo to race Ferrari in British GT Championship
• Neutral Sentiment: Brand/pop‑culture exposure — high‑profile LEGO builds and a Legoland Ferrari attraction generate free advertising and widen consumer awareness, though direct near‑term financial impact is limited. You Can Sit Inside This Ferrari Made Entirely of Lego Legoland NY's new Ferrari build & race attraction takes the green flag
• Neutral Sentiment: Performance content — viral drag‑race coverage (812 Superfast vs Corvette C8 Z06) drives short‑term engagement but is unlikely to move fundamentals. Ferrari 812 Superfast vs Chevrolet Corvette C8 Z06 drag race
• Negative Sentiment: Minor negative PR — a dealership mechanic was arrested after racing a Ferrari on a Texas highway; isolated legal/brand risk but unlikely to dent institutional investor sentiment materially. Dealership mechanic arrested after racing Ferrari on Texas highway

Ferrari 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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