Generali Asset Management SPA SGR Grows Holdings in Ferrari N.V. $RACE

Key Points

• Generali Asset Management boosted its Ferrari stake by 55.1% in the fourth quarter, buying 30,699 additional shares and bringing its total to 86,389 shares worth about $31.9 million.
• Ferrari shares were up 0.3% to $337.31, while the stock still trades well below its 52-week high of $519.10. The company’s valuation remains elevated, with a market cap of $78.91 billion and a price-to-earnings ratio of 32.37.
• Ferrari increased its annual dividend to $3.615 per share from $3.13, and Wall Street sentiment remains constructive with an average rating of “Moderate Buy” and an average target price of $469.06.

Generali Asset Management SPA SGR increased its position in Ferrari N.V. (NYSE:RACE - Free Report) by 55.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 86,389 shares of the company's stock after acquiring an additional 30,699 shares during the quarter. Ferrari comprises approximately 0.7% of Generali Asset Management SPA SGR's holdings, making the stock its 27th biggest position. Generali Asset Management SPA SGR's holdings in Ferrari were worth $31,926,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in RACE. Bank of New York Mellon Corp increased its holdings in Ferrari by 63.7% in the 3rd quarter. Bank of New York Mellon Corp now owns 2,670,762 shares of the company's stock worth $1,295,907,000 after acquiring an additional 1,039,234 shares in the last quarter. Groupama Asset Managment boosted its stake in Ferrari by 5.7% in the 3rd quarter. Groupama Asset Managment now owns 16,990,621 shares of the company's stock worth $8,244,189,000 after purchasing an additional 916,821 shares during the period. Ninety One UK Ltd bought a new position in Ferrari in the 4th quarter worth approximately $338,785,000. Viking Global Investors LP boosted its stake in Ferrari by 432.7% in the 2nd quarter. Viking Global Investors LP now owns 721,269 shares of the company's stock worth $353,526,000 after purchasing an additional 585,872 shares during the period. Finally, Credit Agricole S A bought a new position in Ferrari in the 3rd quarter worth approximately $279,003,000.

Ferrari Trading Up 0.3%

RACE stock opened at $337.31 on Friday. The company has a debt-to-equity ratio of 0.72, a current ratio of 5.20 and a quick ratio of 4.38. The company has a market capitalization of $78.91 billion, a price-to-earnings ratio of 32.37, a PEG ratio of 3.28 and a beta of 0.95. Ferrari N.V. has a 1-year low of $312.51 and a 1-year high of $519.10. The business has a 50 day simple moving average of $345.31 and a two-hundred day simple moving average of $364.91.

Ferrari Increases Dividend

The company also recently announced an annual dividend, which was paid on Tuesday, May 5th. Stockholders of record on Tuesday, April 21st were given a dividend of $3.615 per share. The ex-dividend date was Tuesday, April 21st. This represents a dividend yield of 119.0%. This is an increase from Ferrari's previous annual dividend of $3.13. Ferrari's dividend payout ratio is currently 4.94%.

Wall Street Analysts Forecast Growth

RACE has been the subject of several recent analyst reports. Citigroup upgraded Ferrari from a "sell" rating to a "neutral" rating in a research note on Thursday, February 12th. Jefferies Financial Group upgraded Ferrari from a "hold" rating to a "buy" rating in a research note on Tuesday, March 31st. Sanford C. Bernstein restated an "outperform" rating and issued a $410.00 price target on shares of Ferrari in a research note on Wednesday, February 11th. Morgan Stanley set a $420.00 price target on Ferrari in a research note on Monday, February 16th. Finally, Royal Bank Of Canada restated an "outperform" rating on shares of Ferrari in a research note on Wednesday, February 11th. Three analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $469.06.

Key Ferrari News

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Ferrari confirmed full-year guidance and said its order book now extends toward the end of 2027 ahead of the May 25 Ferrari Luce premiere — supports revenue visibility and product pipeline strength. Ferrari confirms full-year guidance as order book extends toward end of 2027
• Positive Sentiment: Company Q1 2026 earnings call transcript shows management commentary underpinning the guidance and production/sales detail that investors use to model margins and cash flow. Useful for gauging operational execution versus targets. Ferrari N.V. (RACE) Q1 2026 Earnings Call Transcript
• Positive Sentiment: Independent commentary argues Ferrari had a strong start to 2026, reinforcing the long-term investment case despite broader market weakness — supportive analyst/market tone. Ferrari: Strong Start Reinforces Investment Case Despite Market Weakness
• Positive Sentiment: Ferrari topped opening Spa WEC practice with Fuoco — a motorsport result that supports the brand’s racing competitiveness and technology halo. Fuoco puts Ferrari atop opening Spa WEC practice
• Positive Sentiment: Charles Leclerc reached a milestone that draws positive attention to Ferrari’s driver talent and long-term sporting upside. ‘It’s strange’ – Leclerc reacts to Ferrari milestone with Schumacher record in sight
• Neutral Sentiment: Ferrari racing commentary: team says it hopes to rebound at Spa after an Imola WEC defeat to Toyota — racing morale update with limited direct financial impact. Ferrari hopes for revenge at Spa after Imola WEC defeat to Toyota
• Neutral Sentiment: Lewis Hamilton made setup/approach changes searching for improvement against Ferrari — race-level tactical detail that signals competitiveness but is not a corporate indicator. Hamilton makes significant change in search of Ferrari improvement
• Neutral Sentiment: Article about an unrelated crypto crime uses the name “GothFerrari” but has no connection to Ferrari N.V.; irrelevant to company fundamentals. California man jailed for $250M crypto theft conspiracy
• Negative Sentiment: Several outlets report significant F1 performance issues — including 11 upgrades, a reported “deployment bug,” and high-profile driver demands for answers — creating short-term reputational and sporting risk that can weigh on sentiment. Ferrari's F1 2026 nightmare? 11 upgrades, a 'deployment bug', and why Lewis Hamilton & Charles Leclerc are demanding answers
• Negative Sentiment: Coverage says Ferrari left the Miami GP with more questions than points and is trailing rival Mercedes in performance — negative for short-term competitive narrative and investor confidence in the racing halo. Ferrari left Miami with more questions than points. How can it catch Mercedes?
• Negative Sentiment: Charles Leclerc has urged a second internal investigation after a remark by Lewis Hamilton — indicates internal friction and governance scrutiny within the team, a potential reputational negative. Ferrari told to launch second investigation by Charles Leclerc after Lewis Hamilton remark

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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