QV Investors Inc. Lowers Holdings in Magna International Inc. $MGA

Key Points

• QV Investors reduced its stake in Magna by 7.3% in Q4, selling 46,857 shares and leaving it with 598,556 shares worth about $31.95 million, making MGA its 15th-largest holding.
• Earnings beat: Magna reported Q results with $2.18 EPS (vs. $1.81 est.) and $10.74B revenue (vs. $10.54B est.), and set FY2026 guidance of 6.25–7.25 EPS (analysts expect ~5.87).
• Dividend increase: Magna raised its quarterly payout to $0.495 (annualized $1.98) for a ~3.6% yield, with a dividend payout ratio of about 67.1%.

QV Investors Inc. lowered its holdings in Magna International Inc. (NYSE:MGA - Free Report) TSE: MG by 7.3% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 598,556 shares of the company's stock after selling 46,857 shares during the quarter. Magna International accounts for 2.6% of QV Investors Inc.'s holdings, making the stock its 15th largest holding. QV Investors Inc. owned 0.21% of Magna International worth $31,951,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. Community Bank N.A. acquired a new position in Magna International during the third quarter worth $29,000. Danske Bank A S acquired a new stake in shares of Magna International in the third quarter valued at $112,000. Farther Finance Advisors LLC raised its holdings in shares of Magna International by 98.4% in the 3rd quarter. Farther Finance Advisors LLC now owns 2,839 shares of the company's stock valued at $134,000 after buying an additional 1,408 shares during the period. Arkadios Wealth Advisors acquired a new position in Magna International during the 3rd quarter worth about $210,000. Finally, Cigna Investments Inc. New purchased a new position in Magna International during the 3rd quarter valued at about $218,000. Institutional investors and hedge funds own 67.49% of the company's stock.

Magna International Stock Down 0.1%

Magna International stock opened at $55.10 on Friday. Magna International Inc. has a fifty-two week low of $30.39 and a fifty-two week high of $69.94. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.87 and a current ratio of 1.25. The company has a market capitalization of $15.33 billion, a P/E ratio of 18.68 and a beta of 1.44. The stock has a 50-day simple moving average of $57.74 and a 200-day simple moving average of $52.61.

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

Magna International Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, March 13th. Shareholders of record on Friday, February 27th were issued a $0.495 dividend. This represents a $1.98 dividend on an annualized basis and a yield of 3.6%. This is a boost from Magna International's previous quarterly dividend of $0.49. The ex-dividend date of this dividend was Friday, February 27th. Magna International's dividend payout ratio is 67.12%.

Analysts Set New Price Targets

MGA has been the topic of a number of research reports. UBS Group increased their target price on shares of Magna International from $49.00 to $61.00 and gave the stock a "neutral" rating in a report on Wednesday, January 14th. Scotiabank boosted their price target on shares of Magna International from $57.00 to $69.00 and gave the stock a "sector perform" rating in a research note on Tuesday, February 17th. Barclays cut their price objective on Magna International from $67.00 to $66.00 and set an "equal weight" rating on the stock in a research report on Monday, March 30th. Citigroup lifted their target price on Magna International from $55.00 to $58.00 and gave the company a "neutral" rating in a report on Monday, March 23rd. Finally, TD Securities boosted their target price on Magna International from $58.00 to $75.00 and gave the stock a "buy" rating in a research note on Tuesday, February 17th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Magna International presently has a consensus rating of "Hold" and an average target price of $61.93.

Magna International Profile

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.

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