Magna International (MGA)

• Market cap: $9.79B
• 1 day: -0.71%
• 5 days: 3.36%
• 1 month: 2.27%
• 3 months: -16.24%
• 6 months: -15.86%
• Year to date: -15.73%
• 1 year: -27.28%
• 5 years: -10.94%
• 10 years: -31.07%
• 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 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

103% more call options, than puts

Call options by funds: $81.6M | Put options by funds: $40.1M

35% more first-time investments, than exits

New positions opened: 62 | Existing positions closed: 46

21% more capital invested

Capital invested by funds: $8.52B [Q3] → $10.3B (+$1.83B) [Q4]

20% more funds holding in top 10

Funds holding in top 10: 5 [Q3] → 6 (+1) [Q4]

2% more funds holding

Funds holding: 375 [Q3] → 384 (+9) [Q4]

0.54% less ownership

Funds ownership: 68.71% [Q3] → 68.16% (-0.54%) [Q4]

25% less repeat investments, than reductions

Existing positions increased: 115 | Existing positions reduced: 154

Research analyst outlook

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

• Low target: $31 11% downside
• Avg. target: $39 12% upside
• High target: $50 44% upside

9 analyst ratings

• positive: 0 0%
• neutral: 8 89%
• negative: 1 11%

Barclays Dan Levy 26% 1-year accuracy 10 / 39 met price target	6% upside $37	Equal-Weight Maintained	15 Apr 2025
RBC Capital Tom Narayan 44% 1-year accuracy 11 / 25 met price target	8% downside $32	Sector Perform Downgraded	11 Apr 2025
Goldman Sachs Mark Delaney 54% 1-year accuracy 21 / 39 met price target	11% downside $31	Sell Maintained	10 Apr 2025
UBS Joseph Spak 31% 1-year accuracy 5 / 16 met price target	2% downside $34	Neutral Maintained	10 Apr 2025
CIBC Krista Friesen 0 / 0 met price target	5% upside $37	Neutral Maintained	5 Mar 2025