Zacks Research Weighs in on Eaton’s Q1 Earnings (NYSE:ETN)

Eaton Corporation, PLC (NYSE:ETN) – Investment analysts at Zacks Research raised their Q1 2027 EPS estimates for Eaton in a research note issued on Wednesday, January 7th. Zacks Research analyst Team now forecasts that the industrial products company will earn $3.45 per share for the quarter, up from their previous forecast of $3.41. The consensus estimate for Eaton’s current full-year earnings is $12.02 per share. Zacks Research also issued estimates for Eaton’s Q2 2027 earnings at $3.74 EPS, Q3 2027 earnings at $3.99 EPS and FY2027 earnings at $15.17 EPS.

A number of other research analysts have also recently issued reports on the company. Wells Fargo & Company cut their price objective on Eaton from $395.00 to $340.00 and set an “equal weight” rating for the company in a report on Thursday, December 18th. Mizuho lifted their price target on shares of Eaton from $385.00 to $425.00 and gave the company an “outperform” rating in a report on Friday, October 17th. Citigroup boosted their price target on shares of Eaton from $438.00 to $442.00 and gave the company a “buy” rating in a research report on Thursday, October 9th. Barclays dropped their price objective on shares of Eaton from $362.00 to $350.00 and set an “equal weight” rating for the company in a report on Wednesday. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Eaton in a report on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $392.50.

Eaton Price Performance

Shares of ETN stock opened at $324.62 on Monday. The stock’s fifty day simple moving average is $339.41 and its 200 day simple moving average is $356.86. Eaton has a one year low of $231.85 and a one year high of $399.56. The firm has a market cap of $126.08 billion, a price-to-earnings ratio of 32.46, a P/E/G ratio of 2.08 and a beta of 1.20. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.28 and a quick ratio of 0.79.

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

Institutional Trading of Eaton

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Atlas Brown Inc. raised its holdings in Eaton by 15.9% during the 4th quarter. Atlas Brown Inc. now owns 927 shares of the industrial products company’s stock worth $295,000 after purchasing an additional 127 shares during the last quarter. SG Americas Securities LLC grew its position in shares of Eaton by 438.9% during the 4th quarter. SG Americas Securities LLC now owns 364,877 shares of the industrial products company’s stock worth $116,217,000 after buying an additional 297,166 shares during the period. Park Place Capital Corp raised its stake in shares of Eaton by 5.3% during the fourth quarter. Park Place Capital Corp now owns 948 shares of the industrial products company’s stock worth $302,000 after buying an additional 48 shares during the last quarter. Aventura Private Wealth LLC acquired a new position in Eaton in the fourth quarter valued at approximately $1,339,000. Finally, Ransom Advisory Ltd bought a new position in Eaton in the fourth quarter valued at approximately $3,881,000. 82.97% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, Director Gerald Johnson bought 200 shares of the stock in a transaction dated 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 purchase, the director owned 400 shares of the company’s stock, valued at approximately $135,956. This represents a 100.00% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. In the last 90 days, insiders acquired 500 shares of company stock valued at $174,389. 0.30% of the stock is currently owned by company insiders.

Eaton Dividend Announcement

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

Eaton Company Profile

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.