Eaton Corporation, PLC (NYSE:ETN) Given Consensus Recommendation of “Moderate Buy” by Analysts

Eaton Corporation, PLC (NYSE:ETN) has earned a consensus rating of “Moderate Buy” from the twenty-four analysts that are covering the stock, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and one has given a strong buy rating to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $390.6818.

A number of equities research analysts have issued reports on ETN shares. Sanford C. Bernstein reissued an “outperform” rating and issued a $396.00 price target on shares of Eaton in a report on Monday, July 14th. Melius raised shares of Eaton from a “hold” rating to a “buy” rating and set a $495.00 price target on the stock in a report on Monday, September 15th. Daiwa America raised shares of Eaton to a “strong-buy” rating in a report on Thursday, September 11th. The Goldman Sachs Group raised their target price on shares of Eaton from $345.00 to $382.00 and gave the stock a “buy” rating in a research report on Tuesday, July 8th. Finally, Wall Street Zen cut shares of Eaton from a “buy” rating to a “hold” rating in a research report on Saturday, September 13th.

Insider Activity at Eaton

In other news, insider Olivier Leonetti sold 16,018 shares of the firm’s stock in a transaction dated Thursday, August 7th. The shares were sold at an average price of $358.39, for a total value of $5,740,691.02. Following the completion of the sale, the insider directly owned 630 shares of the company’s stock, valued at approximately $225,785.70. This trade represents a 96.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Corporate insiders own 0.30% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the business. Lyell Wealth Management LP lifted its position in Eaton by 3.2% during the 2nd quarter. Lyell Wealth Management LP now owns 975 shares of the industrial products company’s stock valued at $348,000 after acquiring an additional 30 shares during the period. Commonwealth Financial Services LLC lifted its position in Eaton by 2.9% during the 1st quarter. Commonwealth Financial Services LLC now owns 1,175 shares of the industrial products company’s stock valued at $319,000 after acquiring an additional 33 shares during the period. E Fund Management Co. Ltd. lifted its position in Eaton by 3.1% during the 1st quarter. E Fund Management Co. Ltd. now owns 1,091 shares of the industrial products company’s stock valued at $297,000 after acquiring an additional 33 shares during the period. Beaumont Financial Advisors LLC lifted its position in Eaton by 2.6% during the 2nd quarter. Beaumont Financial Advisors LLC now owns 1,307 shares of the industrial products company’s stock valued at $467,000 after acquiring an additional 33 shares during the period. Finally, SOA Wealth Advisors LLC. lifted its position in Eaton by 36.0% during the 2nd quarter. SOA Wealth Advisors LLC. now owns 136 shares of the industrial products company’s stock valued at $49,000 after acquiring an additional 36 shares during the period. 82.97% of the stock is owned by hedge funds and other institutional investors.

Eaton Price Performance

Shares of Eaton stock opened at $374.95 on Friday. The firm has a market cap of $145.97 billion, a PE ratio of 37.72, a price-to-earnings-growth ratio of 2.65 and a beta of 1.16. Eaton has a 12-month low of $231.85 and a 12-month high of $399.56. The company has a quick ratio of 0.76, a current ratio of 1.24 and a debt-to-equity ratio of 0.47. The company’s fifty day simple moving average is $363.40 and its two-hundred day simple moving average is $327.10.

Eaton (NYSE:ETN) last announced its quarterly earnings results on Tuesday, August 5th. The industrial products company reported $2.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.92 by $0.03. The business had revenue of $7.03 billion for the quarter, compared to analyst estimates of $6.93 billion. Eaton had a net margin of 15.11% and a return on equity of 23.91%. The company’s revenue was up 10.7% on a year-over-year basis. During the same quarter last year, the firm earned $2.73 EPS. Eaton has set its Q3 2025 guidance at 3.010-3.070 EPS. FY 2025 guidance at 11.970-12.170 EPS. As a group, equities analysts expect that Eaton will post 12.02 EPS for the current year.

Eaton Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 22nd. Stockholders of record on Thursday, August 7th were given a $1.04 dividend. This represents a $4.16 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, August 7th. Eaton’s dividend payout ratio (DPR) is currently 41.85%.

Eaton Company Profile

Eaton Corporation plc operates as a power management company worldwide. The company’s Electrical Americas and Electrical Global segment provides electrical components, industrial components, power distribution and assemblies, residential products, single and three phase power quality and connectivity products, wiring devices, circuit protection products, utility power distribution products, power reliability equipment, and services, as well as hazardous duty electrical equipment, emergency lighting, fire detection, explosion-proof instrumentation, and structural support systems.