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

Eaton Corporation, PLC (NYSE:ETN) has received a consensus rating of “Moderate Buy” from the twenty ratings firms that are currently covering the company, MarketBeat.com reports. Five analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $389.8947.

Several equities research analysts recently issued reports on the stock. JPMorgan Chase & Co. dropped their target price on shares of Eaton from $440.00 to $406.00 and set an “overweight” rating on the stock in a report on Friday, January 16th. Citigroup lowered their price target on Eaton from $442.00 to $435.00 and set a “buy” rating on the stock in a report on Monday, January 12th. HSBC raised Eaton from a “hold” rating to a “buy” rating and set a $400.00 price objective for the company in a report on Friday, January 16th. Royal Bank Of Canada reissued an “outperform” rating and issued a $407.00 target price on shares of Eaton in a report on Wednesday, February 4th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Eaton in a research report on Wednesday, January 21st.

Insider Transactions at Eaton

In other Eaton news, insider Sternadt Paulo Ruiz sold 10,707 shares of the stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $390.26, for a total value of $4,178,513.82. Following the transaction, the insider directly owned 27,729 shares in the company, valued at approximately $10,821,519.54. This trade represents a 27.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.30% of the company’s stock.

Institutional Investors Weigh In On Eaton

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Oarsman Capital Inc. lifted its position in Eaton by 26.7% during the fourth quarter. Oarsman Capital Inc. now owns 679 shares of the industrial products company’s stock valued at $216,000 after purchasing an additional 143 shares in the last quarter. Icon Wealth Advisors LLC raised its stake in shares of Eaton by 17.5% in the fourth quarter. Icon Wealth Advisors LLC now owns 16,733 shares of the industrial products company’s stock worth $5,380,000 after buying an additional 2,490 shares during the period. Entropy Technologies LP purchased a new position in shares of Eaton during the 4th quarter valued at about $14,786,000. Heritage Wealth Advisors grew its stake in shares of Eaton by 7,358.2% during the 4th quarter. Heritage Wealth Advisors now owns 9,994 shares of the industrial products company’s stock valued at $3,183,000 after acquiring an additional 9,860 shares during the period. Finally, Arkadios Wealth Advisors increased its holdings in Eaton by 4.9% in the 4th quarter. Arkadios Wealth Advisors now owns 8,020 shares of the industrial products company’s stock worth $2,554,000 after acquiring an additional 377 shares in the last quarter. 82.97% of the stock is currently owned by hedge funds and other institutional investors.

Eaton Trading Down 0.3%

Eaton stock opened at $389.22 on Tuesday. Eaton has a one year low of $231.85 and a one year high of $408.45. The business’s fifty day moving average is $340.97 and its 200 day moving average is $354.17. The stock has a market capitalization of $151.17 billion, a PE ratio of 37.21, a price-to-earnings-growth ratio of 2.68 and a beta of 1.19. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.32 and a quick ratio of 0.81.

Eaton (NYSE:ETN) last posted its earnings results on Tuesday, February 3rd. The industrial products company reported $3.33 earnings per share (EPS) for the quarter, meeting the consensus estimate of $3.33. Eaton had a net margin of 14.89% and a return on equity of 25.00%. The business had revenue of $7.06 billion for the quarter, compared to analysts’ expectations of $7.15 billion. During the same quarter in the prior year, the business earned $2.83 EPS. The business’s revenue for the quarter was up 13.1% compared to the same quarter last year. Eaton has set its Q1 2026 guidance at 2.650-2.850 EPS and its FY 2026 guidance at 13.000-13.500 EPS. On average, sell-side analysts predict that Eaton will post 12.02 EPS for the current year.

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.