Eaton Corporation, PLC (NYSE:ETN) Receives Consensus Rating of “Moderate Buy” from Brokerages

Shares of Eaton Corporation, PLC (NYSE:ETN) have earned an average recommendation of “Moderate Buy” from the twenty-four research firms that are currently covering the company, Marketbeat reports. Six investment analysts have rated the stock with a hold recommendation, seventeen have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $394.6190.

Several equities analysts have recently commented on ETN shares. Barclays upped their price objective on shares of Eaton from $344.00 to $362.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 5th. Daiwa America upgraded Eaton to a “strong-buy” rating in a report on Thursday, September 11th. Sanford C. Bernstein set a $295.00 target price on Eaton in a research note on Friday, December 19th. Wells Fargo & Company decreased their target price on Eaton from $395.00 to $340.00 and set an “equal weight” rating for the company in a report on Thursday, December 18th. Finally, Citigroup lifted their price target on shares of Eaton from $438.00 to $442.00 and gave the company a “buy” rating in a report on Thursday, October 9th.

Insider Transactions at Eaton

In related news, Director Gerald Johnson purchased 200 shares of the firm’s stock in a transaction that occurred on Tuesday, November 18th. The stock was bought at an average cost of $339.89 per share, with a total value of $67,978.00. Following the completion of the purchase, the director directly owned 400 shares in the company, valued at approximately $135,956. This represents a 100.00% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have bought 500 shares of company stock valued at $174,389 over the last ninety days. 0.30% of the stock is owned by corporate insiders.

Institutional Trading of Eaton

Several large investors have recently bought and sold shares of ETN. Farmers National Bank purchased a new position in shares of Eaton in the 3rd quarter valued at approximately $1,530,000. Saranac Partners Ltd bought a new position in Eaton in the third quarter worth $264,000. Oarsman Capital Inc. purchased a new position in Eaton during the third quarter valued at $201,000. Sunbelt Securities Inc. boosted its holdings in shares of Eaton by 43.9% during the 3rd quarter. Sunbelt Securities Inc. now owns 3,245 shares of the industrial products company’s stock valued at $1,214,000 after buying an additional 990 shares in the last quarter. Finally, Captrust Financial Advisors grew its position in shares of Eaton by 1.7% in the 3rd quarter. Captrust Financial Advisors now owns 61,290 shares of the industrial products company’s stock worth $22,938,000 after buying an additional 1,001 shares during the period. 82.97% of the stock is owned by institutional investors.

Eaton Stock Performance

NYSE:ETN opened at $322.11 on Monday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.79 and a current ratio of 1.28. Eaton has a fifty-two week low of $231.85 and a fifty-two week high of $399.56. The firm has a market cap of $125.11 billion, a PE ratio of 32.21, a price-to-earnings-growth ratio of 2.33 and a beta of 1.17. The business has a 50 day moving average price of $350.22 and a 200-day moving average price of $357.65.

Eaton (NYSE:ETN) last posted its quarterly earnings results on Tuesday, November 4th. The industrial products company reported $3.07 EPS for the quarter, beating analysts’ consensus estimates of $3.06 by $0.01. The company had revenue of $6.99 billion during the quarter, compared to analyst estimates of $7.09 billion. Eaton had a net margin of 14.74% and a return on equity of 24.36%. Eaton has set its Q4 2025 guidance at 3.230-3.430 EPS and its FY 2025 guidance at 11.970-12.170 EPS. Equities research analysts predict that Eaton will post 12.02 earnings per share for the current year.

Eaton Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, November 21st. Stockholders of record on Thursday, November 6th were paid a dividend of $1.04 per share. The ex-dividend date of this dividend was Thursday, November 6th. This represents a $4.16 dividend on an annualized basis and a dividend yield of 1.3%. Eaton’s payout ratio is presently 41.60%.

About Eaton

Eaton (NYSE: ETN) is a diversified power management company that designs, manufactures and distributes products and systems to manage electrical, hydraulic and mechanical power. The company’s offerings are used to improve energy efficiency, reliability and safety across a wide range of applications, with core capabilities in electrical distribution and control, industrial hydraulics and aerospace systems.

Its product portfolio includes switchgear, circuit breakers, transformers, power distribution units, uninterruptible power supplies and surge protection devices for electrical infrastructure, along with hydraulic pumps, valves and filtration systems for industrial and mobile equipment.