Capital International Sarl Increases Stock Holdings in Ferrari N.V. $RACE

Key Points

• Capital International Sarl raised its stake in Ferrari by 20.6% in Q3, now owning 38,914 shares worth about $18.82 million after buying an additional 6,649 shares.
• Ferrari is executing a multi-year €3.5bn buyback (first tranche €250m) and recently raised its annual dividend to $3.615 (ex-dividend April 21, payable May 5), boosting shareholder returns.
• Analysts maintain a generally positive view with a consensus rating of “Moderate Buy” and a consensus target of about $475.61, while recent notable actions include JPMorgan raising its target to $447 and an overweight rating.

Capital International Sarl increased its holdings in Ferrari N.V. (NYSE:RACE - Free Report) by 20.6% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,914 shares of the company's stock after buying an additional 6,649 shares during the period. Capital International Sarl's holdings in Ferrari were worth $18,817,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Mather Group LLC. acquired a new position in Ferrari during the third quarter worth about $27,000. Westside Investment Management Inc. increased its stake in shares of Ferrari by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 56 shares of the company's stock worth $27,000 after purchasing an additional 28 shares in the last quarter. Root Financial Partners LLC acquired a new position in shares of Ferrari during the 3rd quarter worth approximately $28,000. Newbridge Financial Services Group Inc. purchased a new stake in Ferrari in the 2nd quarter valued at approximately $30,000. Finally, Virtus Advisers LLC acquired a new stake in Ferrari during the 2nd quarter valued at $34,000.

Ferrari News Roundup

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.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on RACE shares. Morgan Stanley set a $420.00 price target on Ferrari in a report on Monday, February 16th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Ferrari in a research report on Monday, December 29th. Sanford C. Bernstein restated an "outperform" rating and issued a $410.00 target price on shares of Ferrari in a report on Wednesday, February 11th. JPMorgan Chase & Co. lifted their price target on shares of Ferrari from $407.00 to $447.00 and gave the stock an "overweight" rating in a report on Tuesday, March 3rd. Finally, Royal Bank Of Canada reissued an "outperform" rating on shares of Ferrari in a research note on Wednesday, February 11th. Three investment analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price of $475.61.

Ferrari Stock Performance

NYSE RACE opened at $346.41 on Tuesday. The business's 50-day moving average price is $358.11 and its 200 day moving average price is $401.05. The company has a current ratio of 5.70, a quick ratio of 4.38 and a debt-to-equity ratio of 0.74. Ferrari N.V. has a twelve month low of $328.00 and a twelve month high of $519.10. The company has a market capitalization of $81.04 billion, a PE ratio of 34.26, a price-to-earnings-growth ratio of 3.41 and a beta of 0.97.

Ferrari Increases Dividend

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

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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