Here is a series of the best Italian stocks to buy in February 2024.
Our method of choice is based on the performance of these shares in recent months, linked to the Italian economy, their sectors and the solidity of the company.
We have also tried to include Italian companies that are known abroad and can also be bought on your stock exchanges.
Stellantis ( STLA )
Stellantis SpA is a multinational automotive manufacturing corporation formed by the merger of Fiat Chrysler Automobiles and Groupe PSA in 2021. It is the world’s fourth-largest automaker by production volume, behind Toyota, Volkswagen, and Hyundai Motor Group.
Stocks
Stellantis stock is traded on the New York Stock Exchange (NYSE) under the ticker symbol “STLA”. The company also has listings on the Milan Stock Exchange (BIT: STLA) and the Paris Stock Exchange (EPA: STLA).
Dividend
Stellantis’s dividend policy is to pay out a regular dividend to shareholders. The company’s most recent dividend was paid in April 2023 and was €1.34 per share. Stellantis’s dividend payout ratio is approximately 48.5%, which means that the company pays out 48.5% of its net income to shareholders in the form of dividends.
Group
Stellantis’s automotive brands include Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat, Jeep, Lancia, Maserati, Opel, Peugeot, Ram, and Vauxhall. The company also owns a number of truck and van brands, including Fiat Professional, Opel/Vauxhall Combo, and RAM Trucks.
How it works
Stellantis is a holding company that owns a number of subsidiary companies. The subsidiary companies are responsible for the design, manufacturing, and sale of automobiles. Stellantis’s headquarters are located in Amsterdam, Netherlands.
Stellantis is a global company with operations in over 130 countries. The company has a workforce of over 400,000 people. Stellantis is committed to sustainability and is investing heavily in electric vehicles and other alternative powertrains.
I hope this summary is helpful. Please let me know if you have any other questions.
Ferrari Spa ( RACE )
Ferrari S.p.A. is a luxury Italian automotive and motorsports company that designs, engineers, produces, markets, and sells sports cars, SUVs, apparel, and other luxury goods. It is one of the world’s most prestigious and successful automakers, with a long and celebrated history in motorsports.
Stocks
Ferrari S.p.A. is a publicly traded company on the Borsa Italiana stock exchange under the ticker symbol RACE. As of February 2024, its market capitalization is approximately €40 billion. The company’s shares are traded in both ordinary and preference shares. Ordinary shares provide voting rights and the right to receive dividends, while preference shares provide a fixed dividend but do not provide voting rights.
Dividend
Ferrari S.p.A. has a long history of paying dividends to its shareholders. The company’s dividend policy is based on a target payout ratio of 35% to 40% of net income. In recent years, the company has paid dividends of €1.60 per share per year.
Group
The Ferrari Group is a global automotive and motorsports company with a diversified portfolio of businesses. The group’s main businesses include:
- Ferrari Automobiles: Design, engineering, production, marketing, and sales of Ferrari sports cars and SUVs.
- Ferrari Brand: Licensing and merchandising of Ferrari-branded products, including apparel, accessories, and fragrances.
- Ferrari Racing: Participation in Formula One and other motorsports series.
- Ferrari Classic: Preservation, restoration, and sale of classic Ferrari cars.
How it Works
Ferrari S.p.A. is a complex organization with a global reach. The company’s operations are divided into three main business segments:
- Motorsports: Ferrari is a legendary name in Formula One, having won the World Championship Constructors’ title 16 times. The company also participates in other motorsports series, such as the World Endurance Championship and the Ferrari Challenge.
- Automobiles: Ferrari is known for its high-performance sports cars, which are designed and engineered to deliver the ultimate driving experience. The company’s cars are also highly collectible and are prized by enthusiasts around the world.
- Brand: Ferrari is one of the world’s most valuable brands. The company’s logo and name are instantly recognizable, and its products are associated with luxury, performance, and Italian craftsmanship.
Ferrari S.p.A. is a well-managed company with a strong track record of profitability. The company is well-positioned for continued growth in the future, thanks to its strong brand, innovative products, and passionate customer base.
Leonardo SPA ( LDO )
Leonardo S.p.A. is an Italian multinational corporation specializing in aerospace, defense, and security. It is one of the world’s largest defense contractors and is listed on the Borsa Italiana stock exchange.
Stocks
Leonardo S.p.A.’s stock symbol is “LDO” and it is traded on the Borsa Italiana stock exchange. The company’s shares are also traded on other international exchanges, including the London Stock Exchange and the New York Stock Exchange.
As of October 4, 2023, the closing price of Leonardo S.p.A.’s stock was €8.92. The company’s stock price has been volatile in recent years, but it has generally been trending upwards.
Dividend
Leonardo S.p.A. has a dividend yield of 9.00%. This means that investors can expect to receive approximately 9% of their investment in dividends each year. The company’s dividend payout ratio is 60%, which means that 60% of the company’s net income is paid out to shareholders.
Group
Leonardo S.p.A. is a diversified company with operations in a number of different sectors, including:
- Aerospace: Leonardo S.p.A. is a leading manufacturer of helicopters, aircraft, and satellites. The company’s aerospace division also provides a variety of services, such as maintenance, repair, and overhaul (MRO).
- Defense: Leonardo S.p.A. is a major supplier of defense systems to governments around the world. The company’s defense division produces a wide range of products, including submarines, ships, tanks, and armored vehicles.
- Security: Leonardo S.p.A. is a leading provider of security solutions, including surveillance systems, border control technology, and cybersecurity solutions.
How it works
Leonardo S.p.A. is a vertically integrated company, which means that it controls all stages of its products’ production and distribution. This gives the company a competitive advantage, as it can reduce costs and improve quality control.
The company’s operations are organized into four main business areas:
- Helicopters: Leonardo S.p.A. is a leading manufacturer of helicopters, including the AW139, AW149, and AW169.
- Aircraft: Leonardo S.p.A. is a major manufacturer of aircraft, including the M-346 Master jet trainer and the FCAS Next Generation fighter aircraft.
- Aerostructures: Leonardo S.p.A. is a supplier of aerostructures to a number of major aerospace companies, including Airbus and Boeing.
- Electronics, Defense Systems, and Security: Leonardo S.p.A. is a leading supplier of electronics, defense systems, and security solutions to governments and commercial customers around the world.
Leonardo S.p.A. has a strong track record of innovation and growth. The company is well-positioned for future success in the aerospace, defense, and security markets.
ENI ( ENI )
Eni SpA is an Italian multinational energy company that is engaged in the exploration, production, refining, and marketing of oil and natural gas. The company is also active in the generation and sale of electricity, and in the development of renewable energy sources. Eni is one of the world’s largest integrated energy companies, with operations in over 70 countries.
Stocks
Eni’s shares are traded on the Borsa Italiana, the Italian stock exchange. The company’s ticker symbol is ENI. Eni’s shares are also traded on other exchanges around the world, including the New York Stock Exchange (NYSE) and the London Stock Exchange (LSE).
Dividends
Eni is a dividend-paying company. The company’s dividend policy is to pay a dividend of between 30% and 40% of its net income. The company’s most recent dividend was paid on May 24, 2023.
Group
Eni’s group consists of three main business lines:
- E&P (Exploration and Production): Eni’s E&P business line is responsible for the exploration, production, and sale of oil and natural gas. The business line operates in over 70 countries and has a portfolio of over 13 billion barrels of oil equivalent of reserves.
- Refining and Marketing: Eni’s Refining and Marketing business line is responsible for the refining and marketing of oil products. The business line operates four refineries in Italy and has a network of over 10,000 service stations in over 20 countries.
- Renewables and Power: Eni’s Renewables and Power business line is responsible for the development of renewable energy sources and power generation. The business line operates a portfolio of wind and solar projects, and has a number of power plants in operation around the world.
How it Works
Eni’s business model is based on the following principles:
- Focus on long-term value creation: Eni is committed to creating long-term value for its shareholders. The company is investing heavily in renewable energy and other new technologies to ensure its future sustainability.
- Focus on innovation: Eni is a leader in innovation in the energy sector. The company is constantly developing new technologies to improve its efficiency and sustainability.
- Focus on sustainability: Eni is committed to sustainability. The company is working to reduce its environmental impact and to develop new technologies that will help to combat climate change.
Eni is a well-managed and financially sound company with a strong track record of profitability. The company is well-positioned for the future with its focus on innovation and sustainability.
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