Magna International (NYSE:MGA) Price Target Raised to $67.00

Magna International (NYSE:MGA) (TSE:MG) had its price objective increased by Barclays from $58.00 to $67.00 in a research report sent to investors on Tuesday morning,Benzinga reports. Barclays currently has an equal weight rating on the stock.

MGA has been the subject of a number of other reports. Morgan Stanley raised their price target on shares of Magna International from $38.00 to $54.00 and gave the company an “equal weight” rating in a report on Monday, December 8th. Citigroup raised their target price on Magna International from $49.00 to $55.00 and gave the company a “neutral” rating in a research note on Friday, November 14th. BMO Capital Markets lifted their target price on Magna International from $49.00 to $52.00 and gave the stock an “outperform” rating in a research report on Monday, November 3rd. Wells Fargo & Company increased their price target on Magna International from $50.00 to $58.00 and gave the company an “equal weight” rating in a report on Monday, January 12th. Finally, Evercore raised their price objective on Magna International from $47.00 to $52.00 and gave the company an “in-line” rating in a research note on Monday, November 24th. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Magna International has a consensus rating of “Hold” and a consensus target price of $60.40.

Magna International Stock Down 0.2%

Shares of NYSE MGA opened at $66.72 on Tuesday. The stock has a fifty day moving average price of $55.56 and a 200 day moving average price of $49.73. The company has a current ratio of 1.25, a quick ratio of 0.83 and a debt-to-equity ratio of 0.36. Magna International has a 12-month low of $30.39 and a 12-month high of $69.94. The company has a market cap of $18.61 billion, a P/E ratio of 22.62 and a beta of 1.50.

Magna International (NYSE:MGA) (TSE:MG) last issued its earnings results on Friday, February 13th. The company reported $2.18 earnings per share for the quarter, topping the consensus estimate of $1.81 by $0.37. The company had revenue of $10.74 billion during the quarter, compared to the consensus estimate of $10.54 billion. Magna International had a return on equity of 12.73% and a net margin of 1.99%.The company’s revenue was up 2.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.69 earnings per share. Magna International has set its FY 2026 guidance at 6.250-7.250 EPS. Research analysts anticipate that Magna International will post 5.87 EPS for the current fiscal year.

Magna International Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, March 13th. Investors of record on Friday, February 27th will be given a dividend of $0.495 per share. The ex-dividend date of this dividend is Friday, February 27th. This represents a $1.98 annualized dividend and a dividend yield of 3.0%. This is an increase from Magna International’s previous quarterly dividend of $0.49. Magna International’s dividend payout ratio is currently 65.76%.

Institutional Trading of Magna International

Institutional investors have recently added to or reduced their stakes in the business. ARGA Investment Management LP lifted its position in shares of Magna International by 1.1% in the 4th quarter. ARGA Investment Management LP now owns 4,193,129 shares of the company’s stock worth $223,512,000 after buying an additional 44,996 shares during the last quarter. Geode Capital Management LLC boosted its stake in Magna International by 6.8% in the fourth quarter. Geode Capital Management LLC now owns 2,426,843 shares of the company’s stock valued at $128,774,000 after acquiring an additional 154,710 shares during the period. Russell Investments Group Ltd. boosted its stake in Magna International by 7.8% in the fourth quarter. Russell Investments Group Ltd. now owns 2,090,887 shares of the company’s stock valued at $111,549,000 after acquiring an additional 151,819 shares during the period. Hillsdale Investment Management Inc. grew its holdings in shares of Magna International by 2.3% during the fourth quarter. Hillsdale Investment Management Inc. now owns 725,425 shares of the company’s stock valued at $38,741,000 after purchasing an additional 16,255 shares during the last quarter. Finally, QV Investors Inc. raised its position in shares of Magna International by 0.6% during the 2nd quarter. QV Investors Inc. now owns 651,377 shares of the company’s stock worth $25,129,000 after purchasing an additional 3,912 shares during the period. Institutional investors own 67.49% of the company’s stock.

Trending Headlines about Magna International

Here are the key news stories impacting Magna International this week:

• Positive Sentiment: CIBC upgraded MGA from Hold to Strong-Buy, signaling increased conviction after recent results and guidance. CIBC Upgrade
• Positive Sentiment: Raymond James raised its price target to $75, the highest among recent broker moves and a clear bullish vote that could support upside momentum. Raymond James PT Raise
• Positive Sentiment: Barclays increased its price target to $67, a modest boost that reflects more constructive analyst sentiment around near‑term outlook. Barclays PT Raise
• Positive Sentiment: A Goldman Sachs analyst publicly expects Magna’s stock to rise, reinforcing the bullish camp among institutional analysts. Goldman Sachs Note
• Neutral Sentiment: Brokerage consensus remains around a “Hold” average recommendation, indicating mixed or wait‑and‑see positioning despite some upgrades. Average Recommendation
• Neutral Sentiment: Morgan Stanley raised its target to $65 but kept an Equal Weight rating, implying a neutral stance (their $65 target is slightly below the current market level). Morgan Stanley Note
• Negative Sentiment: Royal Bank of Canada lifted its target to $59, which sits notably below the current share price and could cap upside or pressure the stock if investors follow RBC’s view. RBC PT Raise (Lower)

About Magna International

Magna International Inc is a leading global automotive supplier specializing in the design, engineering, and manufacturing of vehicle systems, assemblies, modules, and components. Headquartered in Aurora, Ontario, the company partners with major original equipment manufacturers (OEMs) to develop technologies and solutions that enhance vehicle performance, safety, comfort, and fuel efficiency. Magna’s broad portfolio encompasses body exteriors and structures, powertrain systems, seating and interiors, roof systems, mirror systems, and advanced driver assistance systems (ADAS).

The company operates more than 350 manufacturing and assembly facilities and over 100 innovation centers across 27 countries, serving customers in North America, Europe, Asia, South America, and Africa.