Capital International Ltd. CA Has $9.06 Million Stake in Ferrari N.V. $RACE

Capital International Ltd. CA raised its stake in Ferrari N.V. (NYSE:RACE) by 9.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 18,749 shares of the company’s stock after purchasing an additional 1,549 shares during the quarter. Capital International Ltd. CA’s holdings in Ferrari were worth $9,061,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Groupama Asset Managment boosted its position in shares of Ferrari by 24,598.5% during the second quarter. Groupama Asset Managment now owns 16,073,800 shares of the company’s stock valued at $7,888,057,000 after buying an additional 16,008,720 shares during the last quarter. Vanguard Group Inc. raised its position in Ferrari by 1.6% in the 3rd quarter. Vanguard Group Inc. now owns 5,154,944 shares of the company’s stock valued at $2,498,710,000 after buying an additional 81,017 shares during the last quarter. Bank of New York Mellon Corp raised its position 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 valued at $1,295,907,000 after buying an additional 1,039,234 shares during the last quarter. Bank of Italy lifted its stake in Ferrari by 2.3% during the 3rd quarter. Bank of Italy now owns 2,462,771 shares of the company’s stock valued at $1,190,158,000 after acquiring an additional 55,500 shares in the last quarter. Finally, Alliancebernstein L.P. lifted its stake in Ferrari by 5.6% during the 2nd quarter. Alliancebernstein L.P. now owns 1,866,558 shares of the company’s stock valued at $915,995,000 after acquiring an additional 99,221 shares in the last quarter.

Ferrari Stock Down 1.0%

RACE opened at $346.41 on Tuesday. The firm has a market capitalization of $81.04 billion, a P/E ratio of 34.26, a price-to-earnings-growth ratio of 3.41 and a beta of 0.97. Ferrari N.V. has a one year low of $328.00 and a one year high of $519.10. The company has a fifty day moving average price of $358.11 and a 200-day moving average price of $401.05. The company has a debt-to-equity ratio of 0.74, a current ratio of 5.70 and a quick ratio of 4.38.

Ferrari Increases Dividend

The firm also recently announced 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. The ex-dividend date is Tuesday, April 21st. This represents a yield of 99.0%. This is an increase from Ferrari’s previous annual dividend of $3.13.

Analyst Ratings Changes

Several research firms have recently issued reports on RACE. The Goldman Sachs Group upgraded shares of Ferrari to a “strong-buy” rating in a research note on Monday, November 24th. Oddo Bhf lowered shares of Ferrari to a “neutral” rating in a research note on Wednesday, December 10th. Citigroup upgraded Ferrari from a “sell” rating to a “neutral” rating in a research note on Thursday, February 12th. JPMorgan Chase & Co. upped their target price on Ferrari from $407.00 to $447.00 and gave the company an “overweight” rating in a report on Tuesday, March 3rd. Finally, Sanford C. Bernstein reiterated an “outperform” rating and set a $410.00 price target on shares of Ferrari in a report on Wednesday, February 11th. Three equities research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $475.61.

Key Headlines Impacting Ferrari

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Company buyback: Ferrari continued executing the first tranche of a multi-year ~€3.5bn buyback program (first tranche €250m), adding to treasury stock and supporting shareholder returns and EPS dilution reduction. Read More.
• Positive Sentiment: On-track competitiveness: Despite strategic errors, Ferrari demonstrated strong race pace in the Australian GP, signaling the car is competitive with Mercedes — a positive indicator for brand value, marketing exposure, and long-term F1-derived intangible benefits. Read More.
• Neutral Sentiment: Third-party commentary: Lewis Hamilton and other rivals publicly noted Ferrari is “in the fight” and could close the gap to Mercedes — useful context on competitive standing but not directly financial. Read More.
• Neutral Sentiment: Brand/human interest: Profiles and owner stories (e.g., a collector’s reflection on an iconic Ferrari) keep luxury-image narratives alive; these are reputational positives but unlikely to move near-term stock materially. Read More.
• Negative Sentiment: Strategic error in Australian GP: Team strategy (pit/Virtual Safety Car timing) was widely criticized after costing higher finishing positions and allowing Mercedes to capitalize — an operational misstep that can dent short-term sentiment among sponsors, fans and investors focused on F1-derived revenue/visibility. Read More.
• Negative Sentiment: Driver/team frustration: Strong language from within the paddock — including Charles Leclerc likening aspects of the race to “Mario Kart” and critical reactions around the pit-call — highlights internal frustration that can amplify negative headlines and short-term volatility. Read More.

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.