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Magna International (MGA)

Company Profile

Company profile

Ticker

MGA

Exchange

Website

CEO

Mr. Seetarama Kotagiri M.Sc.

Incorporated

Location

Ontario, Canada

Fiscal year end

Sector

Manufacturing > Motor Vehicle Supplies and New Parts Merchant Wholesalers

Industry (SIC)

Motor Vehicle Parts & Accessories

Icahn Enterprises • Aptiv • Adient • Lear • Autoliv • BorgWarner • Visteon • Dana • Allison Transmission • American Axle & Manufacturing ...

SEC CIK

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Material Contracts & Credit Agreements

Subsidiaries Lists

MGA stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$47.20

Low target

$41.00

High target

$52.00

Latest filings (excl ownership)

View all

Management's Discussion and Analysis of Results of Operations and Financial Position

Current report (foreign)

Current report (foreign)

Fourth Quarter 2024 Highlights

Magna Announces New 10% Normal Course Issuer Bid and Automatic Share Purchase Plan

Current report (foreign)

Current report (foreign)

Magna Recommends Rejection of "Mini-Tender" Offer

Current report (foreign)

Magna Announces Second Quarter 2024 Results

Transcripts

View all

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Earnings call transcript

Latest ownership filings

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PZENA INVESTMENT MANAGEMENT LLC

PZENA INVESTMENT MANAGEMENT LLC

Annual report of employee stock purchases

Annual report of employee stock purchases

Notice of inability to timely file Form 11-K

Annual report of employee stock purchases

PRICE T ROWE ASSOCIATES INC /MD/

Annual report of employee stock purchases

Financial summary

Financial statements Chart MGA financial data

Quarter (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Institutional ownership, Q4 2024

MGA institutional ownership history Ownership history

68.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	387	383	+1.0%
Opened positions	60	39	+53.8%
Closed positions	56	48	+16.7%
Increased positions	113	157	-28.0%
Reduced positions	152	117	+29.9%

13F shares	Current	Prev Q	Change
Total value	9.54 tn	7.59 tn	+25.6%
Total shares	195.71 mm	195.85 mm	-0.1%
Total puts	871.40 k	1.16 mm	-24.8%
Total calls	1.72 mm	1.64 mm	+4.8%
Total put/call ratio	0.5	0.7	-28.2%

Largest owners	Shares	Value	Change
Pzena Investment Management	27.01 mm	$1.62 tn	+2.6%
Hotchkis & Wiley Capital Management	11.88 mm	$496.52 bn	+1.4%
Vanguard	11.16 mm	$466.59 bn	+1.6%
RY Royal Bank of Canada	10.91 mm	$455.84 bn	-7.2%
Beutel, Goodman & Co	7.78 mm	$325.03 mm	-9.4%
Jarislowsky, Fraser	7.50 mm	$312.07 bn	-6.5%
Harris Associates L P	7.05 mm	$294.54 bn	-0.2%
T. Rowe Price	6.30 mm	$263.13 mm	-2.8%
FIL	5.87 mm	$245.51 bn	-1.6%
ACR Alpine Capital Research	5.54 mm	$231.34 bn	-1.7%

Largest transactions	Shares	Bought/sold	Change
Norges Bank	3.40 mm	+3.40 mm	NEW
GS The Goldman Sachs Group, Inc.	592.75 k	-1.86 mm	-75.9%
ARGA Investment Management	2.56 mm	+1.57 mm	+158.1%
M&G	92.62 k	-1.38 mm	-93.7%
Value Partner Investments	97.59 k	-989.59 k	-91.0%
CIBC World Markets	2.61 mm	-847.57 k	-24.5%
RY Royal Bank of Canada	10.91 mm	-846.57 k	-7.2%
Russell Investments	2.40 mm	+822.38 k	+52.3%
Beutel, Goodman & Co	7.78 mm	-803.72 k	-9.4%
Pzena Investment Management	27.01 mm	+683.24 k	+2.6%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

News

From Benzinga Pro

Scotiabank Maintains Sector Perform on Magna International, Lowers Price Target to $45

Scotiabank analyst Jonathan Goldman maintains Magna International (NYSE:MGA) with a Sector Perform and lowers the price target from $49 to $45.

RBC Capital Maintains Outperform on Magna International, Lowers Price Target to $51

RBC Capital analyst Tom Narayan maintains Magna International (NYSE:MGA) with a Outperform and lowers the price target from $52 to $51.

Raymond James Maintains Market Perform on Magna International, Lowers Price Target to $50

Raymond James analyst Michael Glen maintains Magna International (NYSE:MGA) with a Market Perform and lowers the price target from $53 to $50.

Evercore ISI Group Maintains In-Line on Magna International, Lowers Price Target to $45

UBS Maintains Neutral on Magna International, Lowers Price Target to $41

Press releases

From Benzinga Pro

Magna Announces Fourth Quarter 2024 Results and 2025 Outlook

Fourth Quarter 2024 Highlights Sales increased 2% to $10.6 billion, in-line with global light vehicle productionDiluted earnings per share of $0.71 and Adjusted diluted earnings per share of $1.69, compared to $0.94

Magna Expands Long-Term Innovation Partnership with Mercedes-Benz

Ongoing collaboration underscores commitment to innovation and excellence in the automotive industryPartnership strengthened through development and engineering services up to the production of the all-new electric model

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