News•Feb 13, 2026
Auto Parts Suppliers Rise Thanks To Easing Tariff Headwinds
Magna International and Atmus Filtration posted strong earnings, propelling their stocks higher as tariff pressures ease. Magna beat EPS estimates ($2.18 vs $1.80) and lifted its adjusted EBIT margin to 7.5%, while forecasting 2026 sales up to $43.5 billion and announcing a 22 million‑share buyback. Atmus reported 9.7% revenue growth to $447 million, beat EPS expectations, and completed a $450 million acquisition of Kock Filter to diversify into HVAC and data‑center filtration. Both firms indicated minimal tariff‑related cost impact moving forward.
By Investor’s Business Daily (IBD) – Markets/Business