Zacks Research Issues Optimistic Forecast for Eaton Earnings

Eaton Corporation, PLC (NYSE:ETN) – Investment analysts at Zacks Research upped their Q4 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 post earnings per share of $3.99 for the quarter, up from their prior forecast of $3.95. The consensus estimate for Eaton’s current full-year earnings is $12.02 per share.

ETN has been the topic of several other reports. Weiss Ratings reissued a “buy (b-)” rating on shares of Eaton in a research note on Wednesday, October 8th. Wells Fargo & Company dropped their price objective on shares of Eaton from $395.00 to $340.00 and set an “equal weight” rating on the stock in a research note on Thursday, December 18th. Barclays dropped their target price on Eaton from $362.00 to $350.00 and set an “equal weight” rating on the stock in a report on Wednesday. Royal Bank Of Canada lifted their price objective on shares of Eaton from $425.00 to $432.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 5th. Finally, Daiwa America raised shares of Eaton to a “strong-buy” rating in a research report on Thursday, September 11th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $392.50.

Eaton Stock Down 0.7%

Shares of Eaton stock opened at $320.37 on Friday. The stock’s 50-day moving average is $340.56 and its 200 day moving average is $356.73. Eaton has a one year low of $231.85 and a one year high of $399.56. The firm has a market cap of $124.43 billion, a price-to-earnings ratio of 32.04, a PEG ratio of 2.06 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 issued 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. Eaton had a net margin of 14.74% and a return on equity of 24.36%. The business had revenue of $6.99 billion for the quarter, compared to analysts’ expectations 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 Investors Weigh In On Eaton

Several institutional investors have recently made changes to their positions in ETN. WFA of San Diego LLC purchased a new position in shares of Eaton in the second quarter valued at $36,000. Imprint Wealth LLC bought a new position in Eaton in the 3rd quarter worth about $39,000. Redmont Wealth Advisors LLC purchased a new position in Eaton during the 3rd quarter valued at about $40,000. SOA Wealth Advisors LLC. increased its position in shares of Eaton by 36.0% during the second quarter. SOA Wealth Advisors LLC. now owns 136 shares of the industrial products company’s stock valued at $49,000 after buying an additional 36 shares during the period. Finally, Salomon & Ludwin LLC lifted its holdings in shares of Eaton by 142.3% in the second quarter. Salomon & Ludwin LLC now owns 172 shares of the industrial products company’s stock worth $62,000 after buying an additional 101 shares in the last quarter. Hedge funds and other institutional investors own 82.97% of the company’s stock.

Insider Activity at Eaton

In other Eaton news, Director Gerald Johnson acquired 200 shares of the business’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 acquisition, the director owned 400 shares in the company, valued at approximately $135,956. This represents a 100.00% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. In the last 90 days, insiders have purchased 500 shares of company stock worth $174,389. Corporate insiders own 0.30% of the company’s stock.

Eaton Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, November 21st. Stockholders of record on Thursday, November 6th were given a $1.04 dividend. The ex-dividend date of this dividend was Thursday, November 6th. This represents a $4.16 annualized dividend and a dividend yield of 1.3%. Eaton’s payout ratio is 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.