Magna International (NYSE:MGA) Given New $60.00 Price Target at The Goldman Sachs Group

Magna International (NYSE:MGA) (TSE:MG) had its price target increased by The Goldman Sachs Group from $49.00 to $60.00 in a report issued on Tuesday morning,Benzinga reports. The brokerage currently has a sell rating on the stock.

A number of other research analysts have also issued reports on the company. Wells Fargo & Company lifted their target price on Magna International from $50.00 to $58.00 and gave the stock an “equal weight” rating in a report on Monday, January 12th. Citigroup lifted their price objective on shares of Magna International from $49.00 to $55.00 and gave the stock a “neutral” rating in a research note on Friday, November 14th. Barclays increased their target price on shares of Magna International from $58.00 to $67.00 and gave the company an “equal weight” rating in a research note on Tuesday. UBS Group lifted their price target on shares of Magna International from $49.00 to $61.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 14th. Finally, Evercore upped their price target on Magna International from $47.00 to $52.00 and gave the company an “in-line” rating in a report on Monday, November 24th. Three investment analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $59.67.

Magna International Price Performance

Shares of NYSE:MGA opened at $66.75 on Tuesday. The stock has a market cap of $18.61 billion, a price-to-earnings ratio of 22.63 and a beta of 1.50. The company has a debt-to-equity ratio of 0.38, a current ratio of 1.18 and a quick ratio of 0.83. Magna International has a 12 month low of $30.39 and a 12 month high of $69.94. The stock’s 50 day moving average price is $54.95 and its 200 day moving average price is $49.49.

Magna International (NYSE:MGA) (TSE:MG) last issued its quarterly earnings results on Friday, February 13th. The company reported $2.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.81 by $0.37. Magna International had a return on equity of 12.77% and a net margin of 1.99%.The firm had revenue of $10.74 billion during the quarter, compared to analyst estimates of $10.54 billion. During the same period last year, the company posted $1.69 EPS. The firm’s quarterly revenue was up 2.1% on a year-over-year basis. Magna International has set its FY 2026 guidance at 6.250-7.250 EPS. Equities research analysts anticipate that Magna International will post 5.87 earnings per share for the current fiscal year.

Magna International Increases Dividend

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Plato Investment Management Ltd purchased a new stake in Magna International in the 3rd quarter worth about $1,880,000. ARGA Investment Management LP increased its holdings in shares of Magna International by 33.2% in the 3rd quarter. ARGA Investment Management LP now owns 4,148,133 shares of the company’s stock valued at $196,557,000 after purchasing an additional 1,033,747 shares during the period. AGF Management Ltd. acquired a new position in shares of Magna International in the 3rd quarter valued at about $14,191,000. Meritage Portfolio Management purchased a new stake in shares of Magna International in the third quarter worth approximately $3,551,000. Finally, Western Wealth Management LLC acquired a new stake in shares of Magna International during the second quarter worth approximately $249,000. Hedge funds and other institutional investors own 67.49% of the company’s stock.

More Magna International News

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

• Positive Sentiment: Q4 results beat expectations (reported $2.18 EPS on ~ $10.8B revenue), management raised the dividend and issued an upbeat FY2026 revenue/EPS outlook — the primary catalyst for the move. Zacks: Q4 Earnings & Dividend
• Positive Sentiment: Stock surged on massive volume after the results and received at least one prominent rating upgrade, which magnified buying pressure during the session. MSN: Surge on Earnings & Upgrade
• Positive Sentiment: TD Securities raised its target to $75 and put a “buy” on MGA — a bullish institutional endorsement that supports further upside. BayStreet: TD Raise
• Positive Sentiment: Raymond James lifted its target to $75 (now “market perform”), increasing institutional estimate ranges and signaling improved analyst confidence. BayStreet: Raymond James Raise
• Positive Sentiment: Scotiabank raised its target to $69 (sector perform), another upward revision that reduces downside risk in some sell-side models. TickerReport: Scotiabank Raise
• Neutral Sentiment: Barclays bumped its target to $67 and kept an “equal weight” rating — a modest upgrade that signals limited incremental conviction. Benzinga: Barclays Note
• Neutral Sentiment: Zacks and other outlets highlight MGA as a momentum stock based on style scores and the recent catalyst-driven move — useful context for longer-term momentum/quant investors but not an immediate driver of fundamentals. Zacks: Momentum Thesis
• Negative Sentiment: Goldman Sachs raised its target but retained a “sell” rating, implying they see valuation risk despite the beat — a reminder some institutions remain cautious and could cap gains. Benzinga: Goldman Note
• Negative Sentiment: RBC raised its target to $59 but kept a “sector perform,” which still implies downside vs. current levels and contributes to mixed sell-side signals. TickerReport: RBC Note

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.