Hudson Bay Capital Management LP Makes New Investment in Ferrovial SE $FER

Key Points

• Hudson Bay Capital Management LP initiated a new position in Ferrovial (NASDAQ:FER) in Q3, buying 32,342 shares valued at about $1.895 million.
• Several large institutions — including HSBC, Lazard, Amundi, Vanguard and TCI — materially increased their Ferrovial stakes, each holding tens of millions of shares valued around $1.0–1.35 billion, and institutional ownership is reported at 22.28%.
• Analysts' consensus is a Hold with an average price target of $73.12; Ferrovial recently opened at $61.64 and trades within a 1‑year range of $40.46–$74.79 (50‑day MA $68.91, 200‑day MA $64.88).

Hudson Bay Capital Management LP bought a new position in shares of Ferrovial SE (NASDAQ:FER - Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 32,342 shares of the company's stock, valued at approximately $1,895,000.

Several other hedge funds have also modified their holdings of FER. Hsbc Holdings PLC grew its holdings in Ferrovial by 1.9% during the second quarter. Hsbc Holdings PLC now owns 25,386,224 shares of the company's stock worth $1,348,444,000 after acquiring an additional 472,349 shares during the period. Lazard Asset Management LLC lifted its holdings in Ferrovial by 40,717,866.7% in the third quarter. Lazard Asset Management LLC now owns 21,987,702 shares of the company's stock valued at $1,258,865,000 after acquiring an additional 21,987,648 shares during the period. Amundi lifted its holdings in Ferrovial by 87.0% in the third quarter. Amundi now owns 21,528,574 shares of the company's stock valued at $1,297,312,000 after acquiring an additional 10,016,475 shares during the period. Vanguard Group Inc. boosted its position in shares of Ferrovial by 1.9% during the 3rd quarter. Vanguard Group Inc. now owns 20,344,716 shares of the company's stock worth $1,168,600,000 after purchasing an additional 387,378 shares in the last quarter. Finally, TCI Fund Management Ltd. boosted its position in shares of Ferrovial by 0.7% during the 2nd quarter. TCI Fund Management Ltd. now owns 19,470,666 shares of the company's stock worth $1,038,720,000 after purchasing an additional 137,238 shares in the last quarter. 22.28% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. Jefferies Financial Group cut shares of Ferrovial from a "buy" rating to a "hold" rating and raised their price objective for the company from $70.42 to $70.93 in a research note on Monday, March 9th. Morgan Stanley restated an "overweight" rating on shares of Ferrovial in a research report on Wednesday, January 7th. Citigroup reaffirmed a "buy" rating and set a $75.30 price target (up from $72.10) on shares of Ferrovial in a research note on Friday, December 19th. Sanford C. Bernstein downgraded shares of Ferrovial from a "strong-buy" rating to a "market perform" rating in a research note on Wednesday, December 10th. Finally, Weiss Ratings lowered shares of Ferrovial from a "buy (b+)" rating to a "hold (c+)" rating in a research report on Thursday, March 5th. Three equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $73.12.

Ferrovial Stock Performance

Ferrovial stock opened at $61.64 on Monday. Ferrovial SE has a 1 year low of $40.46 and a 1 year high of $74.79. The firm has a 50 day moving average price of $68.91 and a 200 day moving average price of $64.88.

About Ferrovial

Ferrovial, SA is a Spanish multinational infrastructure company headquartered in Madrid that develops, constructs, operates and maintains transport and urban infrastructure. Its core activities include the design and construction of large civil engineering projects, the development and operation of transport concessions such as toll roads and airports, and the provision of urban and industrial services and maintenance. The company typically operates through long-term concession and public-private partnership models, combining construction expertise with asset management and operations.

Within its operating model, Ferrovial's business spans construction contracting, concession management and services.

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