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

Posted by Francis Steltz on Jul 21st, 2026

Representative Dan Newhouse (Republican-Washington) recently sold shares of Magna International Inc. (NYSE:MGA). In a filing disclosed on July 17th, the Representative disclosed that they had sold between $1,001 and $15,000 in Magna International stock on July 10th. 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 Costco Wholesale (NASDAQ:COST) on 7/10/2026.
Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 7/10/2026.
Sold $1,001 – $15,000 in shares of Deere & Company (NYSE:DE) on 7/10/2026.
Purchased $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 7/10/2026.
Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 7/10/2026.
Sold $1,001 – $15,000 in shares of Hershey (NYSE:HSY) on 7/10/2026.
Purchased $1,001 – $15,000 in shares of Duke Energy (NYSE:DUK) on 7/10/2026.
Purchased $1,001 – $15,000 in shares of Amcor (NYSE:AMCR) on 7/10/2026.
Sold $1,001 – $15,000 in shares of Fortinet (NASDAQ:FTNT) on 7/10/2026.
Purchased $1,001 – $15,000 in shares of Accenture (NYSE:ACN) on 7/10/2026.

Magna International Stock Performance

Shares of MGA opened at $66.06 on Tuesday. The stock has a market capitalization of $17.67 billion, a P/E ratio of 27.64, a P/E/G ratio of 0.90 and a beta of 1.44. The company has a debt-to-equity ratio of 0.38, a quick ratio of 0.88 and a current ratio of 1.22. Magna International Inc. has a 1 year low of $40.51 and a 1 year high of $69.94. The company’s fifty day moving average is $64.74 and its two-hundred day moving average is $60.26.

Magna International (NYSE:MGA – Get Free Report) (TSE:MG) last announced its quarterly earnings data on Friday, May 1st. The company reported $1.38 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.37. The firm had revenue of $10.13 billion during the quarter, compared to the consensus estimate of $10.14 billion. Magna International had a net margin of 1.60% and a return on equity of 14.01%. The firm’s revenue was up 3.1% compared to the same quarter last year. During the same quarter last year, the firm earned $0.78 earnings per share. Magna International has set its FY 2026 guidance at 6.250-7.250 EPS. On average, sell-side analysts predict that Magna International Inc. will post 6.86 earnings per share for the current year.

Magna International Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 15th were issued a dividend of $0.495 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $1.98 annualized dividend and a dividend yield of 3.0%. Magna International’s dividend payout ratio (DPR) is currently 82.85%.

Institutional Trading of Magna International

A number of hedge funds have recently added to or reduced their stakes in the business. EverSource Wealth Advisors LLC increased its stake in shares of Magna International by 35.7% during the 4th quarter. EverSource Wealth Advisors LLC now owns 779 shares of the company’s stock valued at $42,000 after acquiring an additional 205 shares during the last quarter. Oslo Pensjonsforsikring AS acquired a new stake in shares of Magna International in the first quarter worth approximately $45,000. IFC & Insurance Marketing Inc. purchased a new stake in Magna International in the fourth quarter valued at approximately $49,000. Atlas Capital Advisors Inc. acquired a new position in Magna International during the fourth quarter worth approximately $67,000. Finally, Danske Bank A S purchased a new position in Magna International during the third quarter worth approximately $112,000. 67.49% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

MGA has been the topic of several recent analyst reports. UBS Group upped their target price on shares of Magna International from $62.00 to $64.00 and gave the stock a “neutral” rating in a research report on Thursday, July 9th. Wells Fargo & Company decreased their price objective on shares of Magna International from $69.00 to $59.00 and set an “equal weight” rating on the stock in a research report on Tuesday, March 31st. Canadian Imperial Bank of Commerce reduced their price target on shares of Magna International to $74.00 in a report on Monday, May 4th. The Goldman Sachs Group reduced their target price on Magna International from $60.00 to $52.00 and set a “sell” rating on the stock in a research note on Tuesday, April 14th. Finally, Barclays reduced 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. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $65.73.

Check Out Our Latest Analysis on Magna International

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

(Get Free Report)

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.