Rep. Dan Newhouse Sells Off Shares of Magna International Inc. (NYSE:MGA)

Representative Dan Newhouse (R-Washington) recently sold shares of Magna International Inc. (NYSE:MGA). In a filing disclosed on January 15th, the Representative disclosed that they had sold between $1,001 and $15,000 in Magna International stock on December 11th. The trade occurred in the Representative’s “EDWARD JONES IRA” account.

Representative Dan Newhouse also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Royal Caribbean Cruises (NYSE:RCL) on 12/31/2025.
• Purchased $1,001 – $15,000 in shares of Broadridge Financial Solutions (NYSE:BR) on 12/31/2025.
• Purchased $1,001 – $15,000 in shares of Synopsys (NASDAQ:SNPS) on 12/31/2025.
• Sold $1,001 – $15,000 in shares of Brown & Brown (NYSE:BRO) on 12/11/2025.
• Purchased $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 12/11/2025.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 12/11/2025.
• Purchased $1,001 – $15,000 in shares of T-Mobile US (NASDAQ:TMUS) on 12/11/2025.
• Purchased $1,001 – $15,000 in shares of Blackstone (NYSE:BX) on 12/11/2025.
• Purchased $1,001 – $15,000 in shares of Textron (NYSE:TXT) on 12/11/2025.
• Sold $1,001 – $15,000 in shares of Truist Financial (NYSE:TFC) on 12/11/2025.

Magna International Price Performance

Shares of NYSE MGA opened at $54.80 on Monday. The company has a current ratio of 1.18, a quick ratio of 0.83 and a debt-to-equity ratio of 0.38. The company’s 50-day moving average price is $51.92 and its 200 day moving average price is $47.36. Magna International Inc. has a 52 week low of $30.39 and a 52 week high of $57.55. The stock has a market cap of $15.36 billion, a price-to-earnings ratio of 14.97 and a beta of 1.50.

Magna International (NYSE:MGA) (TSE:MG) last announced its earnings results on Friday, October 31st. The company reported $1.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.24 by $0.09. The company had revenue of $10.50 billion during the quarter, compared to analysts’ expectations of $10.03 billion. Magna International had a net margin of 2.50% and a return on equity of 11.88%. The firm’s quarterly revenue was up 1.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.28 earnings per share. As a group, research analysts forecast that Magna International Inc. will post 5.87 earnings per share for the current fiscal year.

Magna International Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 28th. Investors of record on Friday, November 14th were given a $0.485 dividend. The ex-dividend date was Friday, November 14th. This represents a $1.94 annualized dividend and a dividend yield of 3.5%. Magna International’s payout ratio is currently 53.01%.

Hedge Funds Weigh In On Magna International

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Kendall Capital Management boosted its holdings in shares of Magna International by 4.5% in the 4th quarter. Kendall Capital Management now owns 9,230 shares of the company’s stock valued at $492,000 after purchasing an additional 395 shares during the last quarter. Achmea Investment Management B.V. acquired a new position in Magna International in the third quarter valued at $8,606,000. Danske Bank A S purchased a new stake in Magna International during the third quarter valued at about $112,000. Public Employees Retirement System of Ohio grew its position in Magna International by 196.9% during the third quarter. Public Employees Retirement System of Ohio now owns 139,659 shares of the company’s stock valued at $6,620,000 after acquiring an additional 92,613 shares during the period. Finally, Integrated Wealth Concepts LLC increased its stake in Magna International by 1.8% during the third quarter. Integrated Wealth Concepts LLC now owns 14,241 shares of the company’s stock worth $675,000 after acquiring an additional 246 shares during the last quarter. Institutional investors and hedge funds own 67.49% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on MGA shares. TD Securities increased their target price on Magna International from $57.00 to $58.00 and gave the company a “buy” rating in a report on Monday, November 3rd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Magna International in a research note on Wednesday, October 8th. Citigroup boosted their target price on shares of 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 upped their target price on shares of Magna International from $49.00 to $52.00 and gave the company an “outperform” rating in a report on Monday, November 3rd. Finally, CIBC lifted their price target on shares of Magna International from $50.00 to $56.00 and gave the stock a “neutral” rating in a report on Monday, January 5th. Three analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $52.07.

About Representative Newhouse

Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington’s 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington’s 4th Congressional District. He won in the general election on November 5, 2024.

Click here to see Newhouse’s key votes in Congress.

Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013.

Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.

Magna International Company 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.