Capital International Ltd. CA Has $1.67 Million Holdings in Ferrari N.V. $RACE

Key Points

• Capital International Ltd. CA cut its Ferrari stake by 76.2% in the fourth quarter, selling 14,285 shares and ending with 4,464 shares valued at about $1.67 million.
• Several other institutional investors also moved heavily into Ferrari, including Norges Bank and Ninety One UK Ltd., highlighting continued strong interest from large funds.
• Analysts remain broadly positive on Ferrari, with a consensus rating of Moderate Buy and an average price target of $469.06, while the stock recently traded around $347.40.

Capital International Ltd. CA lessened its holdings in shares of Ferrari N.V. (NYSE:RACE - Free Report) by 76.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 4,464 shares of the company's stock after selling 14,285 shares during the quarter. Capital International Ltd. CA's holdings in Ferrari were worth $1,672,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of RACE. Norges Bank acquired a new position in Ferrari during the fourth quarter worth approximately $779,894,000. Groupama Asset Managment boosted its holdings in shares of Ferrari by 5.7% during the third quarter. Groupama Asset Managment now owns 16,990,621 shares of the company's stock worth $8,244,189,000 after acquiring an additional 916,821 shares during the period. Ninety One UK Ltd bought a new stake in shares of Ferrari during the fourth quarter worth approximately $338,785,000. Viking Global Investors LP boosted its holdings in shares of Ferrari by 432.7% during the second quarter. Viking Global Investors LP now owns 721,269 shares of the company's stock worth $353,526,000 after acquiring an additional 585,872 shares during the period. Finally, Credit Agricole S A bought a new stake in shares of Ferrari during the third quarter worth approximately $279,003,000.

Ferrari Trading Up 0.1%

Shares of RACE stock opened at $347.40 on Monday. The company has a current ratio of 5.20, a quick ratio of 4.08 and a debt-to-equity ratio of 0.72. The stock has a market cap of $81.27 billion, a P/E ratio of 33.34, a price-to-earnings-growth ratio of 3.30 and a beta of 0.93. The stock has a 50 day simple moving average of $343.00 and a 200 day simple moving average of $355.10. Ferrari N.V. has a 1 year low of $312.51 and a 1 year high of $519.10.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Morgan Stanley set a $420.00 price objective on Ferrari in a report on Monday, February 16th. Weiss Ratings restated a "hold (c)" rating on shares of Ferrari in a report on Friday, April 10th. Jefferies Financial Group upgraded Ferrari from a "hold" rating to a "buy" rating in a report on Tuesday, March 31st. UBS Group reduced their price objective on Ferrari from $555.00 to $483.00 and set a "buy" rating for the company in a report on Wednesday, April 1st. Finally, JPMorgan Chase & Co. boosted their price objective on Ferrari from $407.00 to $447.00 and gave the stock an "overweight" rating in a report on Tuesday, March 3rd. Three analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $469.06.

More Ferrari News

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Ferrari looked strong in Monaco practice, with Charles Leclerc topping FP1 and Ferrari showing front-running pace in multiple sessions, raising hopes the team could convert speed into a race result. F1 Monaco GP: Charles Leclerc leads Ferrari 1-2 in twice red-flagged FP1
• Positive Sentiment: Several reports highlighted Ferrari “making a statement” in Monaco practice and being viewed as a potential threat to Mercedes, reinforcing optimism about near-term racing performance and brand visibility. Motor racing - Ferrari mark their intent in Monaco practice runs
• Positive Sentiment: Charles Leclerc signed a new long-term deal with Ferrari, signaling driver commitment and continuity for the team’s F1 program, which supports the company’s premium brand narrative. ‘More than just a team’: Leclerc signs long-term Ferrari deal before home race in Monaco
• Positive Sentiment: Ferrari and HP unveiled a high-profile branded laptop collaboration, expanding Ferrari’s licensing and consumer-product presence beyond autos and motorsport. Ferrari And HP Made A Vivid Red Laptop With A Transparent 'Engine Bay'
• Neutral Sentiment: Leclerc and Ferrari officials tried to temper expectations, saying Friday pace does not guarantee Monaco success and that the team still has work to do. Work ahead for Ferrari to convert Friday pace into Monaco GP success
• Negative Sentiment: One recent commentary questioned the design of Ferrari’s first fully electric model, suggesting some investors may view the EV rollout as a branding risk if enthusiast reaction remains negative. Has Ferrari Lost Its Mind?

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.

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