What's new? Log in Free sign up

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 ...

Former names

ENZON INC, ENZON PHARMACEUTICAL INC, ENZON PHARMACEUTICALS INC, ENZON PHARMACEUTICALS INC

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

$44.33

Low target

$41.00

High target

$52.00

Latest filings (excl ownership)

View all

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

Current report (foreign)

Current report (foreign)

Conflict minerals disclosure

Current report (foreign)

Magna Announces CAD Senior Notes Offering

Magna Announces 2024 Annual Meeting Results

Current report (foreign)

Current report (foreign)

Current report (foreign)

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

View all

Annual report of employee stock purchases

Annual report of employee stock purchases

Annual report of employee stock purchases

PRICE T ROWE ASSOCIATES INC /MD/

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, Q3 2024

MGA institutional ownership history Ownership history

66.3% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	382	392	-2.6%
Opened positions	39	57	-31.6%
Closed positions	49	62	-21.0%
Increased positions	158	149	+6.0%
Reduced positions	115	124	-7.3%

13F shares	Current	Prev Q	Change
Total value	7.37 tn	7.70 tn	-4.3%
Total shares	190.52 mm	197.21 mm	-3.4%
Total puts	1.16 mm	1.22 mm	-4.9%
Total calls	1.64 mm	1.11 mm	+48.6%
Total put/call ratio	0.7	1.1	-36.0%

Largest owners	Shares	Value	Change
Pzena Investment Management	26.32 mm	$1.46 tn	+25.6%
RY Royal Bank of Canada	11.75 mm	$482.40 bn	-6.8%
Hotchkis & Wiley Capital Management	11.71 mm	$480.73 bn	+19.5%
Vanguard	10.99 mm	$450.77 bn	+1.7%
Beutel, Goodman & Co	8.58 mm	$352.54 mm	-2.0%
Jarislowsky, Fraser	8.02 mm	$329.23 bn	+12.2%
Harris Associates L P	7.06 mm	$289.78 bn	-0.7%
T. Rowe Price	6.48 mm	$265.92 mm	+2.3%
FIL	5.97 mm	$244.87 bn	+38.6%
ACR Alpine Capital Research	5.63 mm	$231.13 bn	+10.1%

Largest transactions	Shares	Bought/sold	Change
BAC Bank of America	2.05 mm	-7.37 mm	-78.2%
TD Asset Management	0.00	-6.22 mm	EXIT
Pzena Investment Management	26.32 mm	+5.36 mm	+25.6%
Norges Bank	0.00	-3.36 mm	EXIT
Hotchkis & Wiley Capital Management	11.71 mm	+1.91 mm	+19.5%
FIL	5.97 mm	+1.66 mm	+38.6%
Canoe Financial	10.29 k	-1.25 mm	-99.2%
PFG Principal Financial	0.00	-1.17 mm	EXIT
Earnest Partners	22.47 k	-1.08 mm	-98.0%
ARGA Investment Management	992.54 k	+992.54 k	NEW

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

Jim Cramer Likes Walmart, Recommends Buying This 'Very, Very Good' Financial Stock

Jim Cramer likes Walmart (WMT). Walmart provides body cameras to employees in a pilot program. Cramer says Royalty Pharma (RPRX) is a disappointing stock.

Wells Fargo Maintains Equal-Weight on Magna International, Lowers Price Target to $44

Wells Fargo analyst Colin Langan maintains Magna International (NYSE:MGA) with a Equal-Weight and lowers the price target from $46 to $44.

Goldman Sachs Downgrades Magna International to Sell, Lowers Price Target to $41

Goldman Sachs analyst Mark Delaney downgrades Magna International (NYSE:MGA) from Neutral to Sell and lowers the price target from $42 to $41.

UBS Maintains Neutral on Magna International, Raises Price Target to $45

Scotiabank Maintains Sector Perform on Magna International, Raises Price Target to $52

Press releases

From Benzinga Pro

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

AURORA, Ontario, Nov. 05, 2024 (GLOBE NEWSWIRE) -- Magna International Inc. (TSX:MG, NYSE:MGA) today announced the termination of its existing Normal Course Issuer Bid effective since February 15, 2024 (the "Prior

Magna Announces Third Quarter 2024 Results

Sales of $10.3 billion decreased in-line with the 4% reduction in global light vehicle productionDiluted earnings per share were $1.68, up $0.31, largely reflecting recognition of Fisker deferred revenueAdjusted diluted

Magna Debuts Scalable, Eco-Friendly ICE to Hybrid Transmission for European OEM

First high-volume contract award for new product supports various vehicle models globally with ICE transmissionsNew modular Dual Clutch Transmission enables seamless hybrid transition on the same vehicle platform with

Magna Announces Date for Q3 2024 Results Call

We use cookies on this site to provide a more responsive and personalized service. Continuing to browse, clicking I Agree, or closing this banner indicates agreement. See our Cookie Policy for more information.