Magna International (MGA)

• Market cap: $10.5B
• 1 day: -3.04%
• 5 days: 1.33%
• 1 month: 0.51%
• 3 months: 5.19%
• 6 months: -15.76%
• Year to date: -9.53%
• 1 year: -12.68%
• 5 years: -15.78%
• 10 years: -35.43%
• Sector: Consumer Discretionary
• Industry: Auto Parts

About: Magna International prides itself on an entrepreneurial culture and a corporate constitution that outlines the distribution of profits to various stakeholders. This automotive supplier's product groups include exteriors, interiors, seating, roof systems, body and chassis, powertrain, vision and electronic systems, closure systems, electric vehicle systems, tooling and engineering, and contract vehicle assembly. In 2024, 48% of Magna's USD 42.8 billion of revenue came from North America, while Europe accounted for approximately 37% and Asia the remainder. The firm's top six customers constituted 72.9% of revenue, with the top three being GM, Mercedes, and Ford. GM was the largest contributor at 15.4%. Magna was founded in 1957, has over 170,000 employees, and is based in Aurora, Ontario.

Employees: 170,000

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

177% more call options, than puts

Call options by funds: $126M | Put options by funds: $45.7M

12% more repeat investments, than reductions

Existing positions increased: 130 | Existing positions reduced: 116

1.47% less ownership

Funds ownership: 68.16% [Q4 2024] → 66.7% (-1.47%) [Q1 2025]

8% less funds holding

Funds holding: 385 [Q4 2024] → 355 (-30) [Q1 2025]

17% less funds holding in top 10

Funds holding in top 10: 6 [Q4 2024] → 5 (-1) [Q1 2025]

29% less first-time investments, than exits

New positions opened: 47 | Existing positions closed: 66

34% less capital invested

Capital invested by funds: $10.3B [Q4 2024] → $6.82B (-$3.53B) [Q1 2025]

Research analyst outlook

9 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $31 17% downside
• Avg. target: $37 1% downside
• High target: $45 21% upside

9 analyst ratings

• positive: 2 22%
• neutral: 6 67%
• negative: 1 11%

Morgan Stanley Adam Jonas	2% upside $38	Equal-Weight Maintained	19 May 2025
Wells Fargo Colin Langan	1% downside $37	Equal-Weight Maintained	19 May 2025
RBC Capital Tom Narayan	17% downside $31	Sector Perform Maintained	6 May 2025
TD Securities Brian Morrison	21% upside $45	Buy Maintained	5 May 2025
CIBC Krista Friesen	2% upside $38	Neutral Maintained	5 May 2025