Capital Research Global Investors Sells 65,523 Shares of Ferrari N.V. $RACE

Capital Research Global Investors cut its holdings in Ferrari N.V. (NYSE:RACE) by 7.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 794,123 shares of the company’s stock after selling 65,523 shares during the quarter. Capital Research Global Investors owned approximately 0.33% of Ferrari worth $384,205,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in RACE. Mather Group LLC. bought a new stake in shares of Ferrari during the 3rd quarter valued at $27,000. Westside Investment Management Inc. boosted its stake in Ferrari by 100.0% during the 3rd quarter. Westside Investment Management Inc. now owns 56 shares of the company’s stock valued at $27,000 after purchasing an additional 28 shares during the last quarter. Root Financial Partners LLC bought a new stake in Ferrari in the 3rd quarter worth about $28,000. Newbridge Financial Services Group Inc. bought a new stake in shares of Ferrari in the second quarter worth approximately $30,000. Finally, Virtus Advisers LLC bought a new position in Ferrari during the second quarter valued at approximately $34,000.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on RACE shares. Zacks Research raised shares of Ferrari from a “strong sell” rating to a “hold” rating in a research report on Monday, February 2nd. UBS Group dropped their price target on Ferrari from $563.00 to $555.00 and set a “buy” rating on the stock in a research note on Friday, January 9th. HSBC reaffirmed a “hold” rating on shares of Ferrari in a report on Tuesday, January 13th. JPMorgan Chase & Co. increased 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, Loop Capital set a $481.67 price target on Ferrari in a research note on Thursday, December 4th. Three research analysts have rated the stock with a Strong Buy rating, eight have issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Ferrari presently has a consensus rating of “Moderate Buy” and an average price target of $475.61.

Key Ferrari News

Here are the key news stories impacting Ferrari this week:

• Positive Sentiment: Company is actively repurchasing shares as part of a multi-year ~€3.5 billion buyback program; Ferrari reported purchases under the first €250m tranche, a clear cash-return driver that supports EPS and valuation. Read More.
• Positive Sentiment: Analyst/press pieces reinforce Ferrari’s luxury, scarcity-driven pricing power—arguing the stock trades more like a collectible asset than a volume carmaker—supporting a premium multiple. Read More.
• Positive Sentiment: External praise from competitors (e.g., Lando Norris saying Ferrari’s cornering speed is “unbelievable”) highlights competitive on-track performance, which boosts brand halo and sponsorship/marketing value. Read More.
• Positive Sentiment: Ferrari published its official driver programmes for 2026 endurance racing, reinforcing motorsport commitments that support long-term brand equity. Read More.
• Neutral Sentiment: Fans reacted positively to Lewis Hamilton’s communication with Ferrari’s new race engineer—good PR but limited direct corporate/financial impact. Read More.
• Neutral Sentiment: Entertainment/enthusiast coverage (drag race video between F8 Tributo and 488 Pista) drives consumer interest, but minimal near-term effect on fundamentals. Read More.
• Neutral Sentiment: Feature pieces and owner stories (e.g., reflections on owning iconic Ferraris) help brand perception but are not material to near-term shares. Read More.
• Negative Sentiment: Race coverage criticized Ferrari’s Australian GP performance (“bottled” race; Mercedes outshone Ferrari), which creates short-term reputational and execution concerns for its F1 flagship. Read More.
• Negative Sentiment: Controversy around strategy in Australia—Ferrari publicly defended its calls (“no regrets”)—may signal management/stewardship questions that traders can punish in the short term. Read More.
• Negative Sentiment: Driver comments and punditry (Leclerc likening racing to “Mario Kart”; other critical headlines including messages from Lewis Hamilton) add noise and can feed short-term volatility. Read More.
• Negative Sentiment: Several critical/pressure pieces signal that motorsport setbacks are the main near-term risk to sentiment despite solid capital allocation and brand strength. Read More.

Ferrari Stock Down 0.1%

NYSE RACE opened at $346.37 on Wednesday. Ferrari N.V. has a 52 week low of $328.00 and a 52 week high of $519.10. The company has a quick ratio of 4.38, a current ratio of 5.70 and a debt-to-equity ratio of 0.74. The company has a market capitalization of $81.03 billion, a P/E ratio of 34.26, a price-to-earnings-growth ratio of 3.38 and a beta of 0.97. The stock’s 50-day moving average price is $357.59 and its 200-day moving average price is $400.17.

Ferrari Increases Dividend

The company 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 dividend of $3.615 per share. This represents a yield of 99.0%. The ex-dividend date is Tuesday, April 21st. This is a positive change from Ferrari’s previous annual dividend of $3.13.

Ferrari 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.