What is Zacks Research’s Estimate for Eaton Q1 Earnings?

Eaton Corporation, PLC (NYSE:ETN) – Zacks Research lowered their Q1 2027 EPS estimates for Eaton in a research note issued on Friday, August 14th. Zacks Research analyst Team now forecasts that the industrial products company will post earnings per share of $3.44 for the quarter, down from their previous estimate of $3.51. The consensus estimate for Eaton’s current full-year earnings is $13.53 per share. Zacks Research also issued estimates for Eaton’s Q2 2027 earnings at $3.73 EPS, Q3 2027 earnings at $4.12 EPS, Q4 2027 earnings at $4.12 EPS, FY2027 earnings at $15.41 EPS, Q1 2028 earnings at $3.87 EPS, Q2 2028 earnings at $4.51 EPS and FY2028 earnings at $17.30 EPS.

Several other equities analysts also recently issued reports on the stock. Evercore raised shares of Eaton from an “in-line” rating to an “outperform” rating and set a $502.00 price target for the company in a report on Monday, August 3rd. Weiss Ratings downgraded shares of Eaton from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, August 13th. Erste Group Bank started coverage on shares of Eaton in a report on Tuesday, May 5th. They issued a “buy” rating for the company. Barclays boosted their price objective on shares of Eaton from $340.00 to $392.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Finally, Morgan Stanley reissued an “overweight” rating and issued a $500.00 target price on shares of Eaton in a research note on Sunday, May 10th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $431.78.

Eaton Trading Down 5.3%

ETN stock opened at $431.15 on Wednesday. The business’s 50 day moving average is $415.31 and its 200-day moving average is $394.97. The company has a current ratio of 1.24, a quick ratio of 0.79 and a debt-to-equity ratio of 0.91. The firm has a market cap of $167.46 billion, a P/E ratio of 43.86, a P/E/G ratio of 2.86 and a beta of 1.18. Eaton has a 1-year low of $311.92 and a 1-year high of $478.00.

Eaton (NYSE:ETN) last issued its earnings results on Friday, July 31st. The industrial products company reported $3.15 EPS for the quarter, beating analysts’ consensus estimates of $3.08 by $0.07. The business had revenue of $8.53 billion during the quarter, compared to analyst estimates of $8.16 billion. Eaton had a return on equity of 24.58% and a net margin of 12.75%.Eaton’s revenue was up 21.4% on a year-over-year basis. During the same period in the prior year, the company posted $2.95 earnings per share. Eaton has set its Q3 2026 guidance at 3.460-3.560 EPS and its FY 2026 guidance at 13.400-13.600 EPS.

Hedge Funds Weigh In On Eaton

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Archer Investment Corp acquired a new position in shares of Eaton during the 2nd quarter worth about $35,000. North Star Asset Management Inc. acquired a new stake in shares of Eaton in the 2nd quarter valued at approximately $735,000. Dearborn Partners LLC bought a new position in Eaton during the 2nd quarter worth approximately $1,998,000. Public Employees Retirement System of Ohio bought a new position in Eaton during the 2nd quarter worth approximately $64,858,000. Finally, First Bancorp Inc ME acquired a new position in Eaton during the second quarter valued at approximately $2,054,000. Institutional investors own 82.97% of the company’s stock.

Insider Buying and Selling at Eaton

In related news, Director Gerald Johnson purchased 130 shares of the business’s stock in a transaction dated Thursday, August 13th. The shares were bought at an average price of $455.90 per share, with a total value of $59,267.00. Following the purchase, the director directly owned 1,829 shares in the company, valued at $833,841.10. This trade represents a 7.65% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Also, Director Dorothy C. Thompson sold 167 shares of Eaton stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $385.00, for a total value of $64,295.00. Following the sale, the director directly owned 1,096 shares of the company’s stock, valued at approximately $421,960. This trade represents a 13.22% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 18,728 shares of company stock valued at $8,556,788. 0.10% of the stock is currently owned by corporate insiders.

Eaton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 7th will be issued a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 1.0%. The ex-dividend date is Friday, August 7th. Eaton’s dividend payout ratio is currently 44.76%.

Key Headlines Impacting Eaton

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: An insider purchase was cited as a factor supporting Eaton’s recent share-price strength. However, broader insider activity over the past six months has included more sales than purchases. Eaton Stock Price Up on Insider Buying Activity
• Positive Sentiment: Eaton’s Electrical Americas segment is benefiting from accelerating electricity demand tied to artificial-intelligence infrastructure, data centers and broader electrification. Strong margins, backlog growth and capacity investments could support continued earnings expansion. Eaton’s Electrical Americas and Power Demand
• Positive Sentiment: Zacks Research raised its FY2026 EPS estimate to $13.47 from $13.34 and increased its Q4 estimate to $4.00 from $3.94, suggesting expectations for continued operating momentum. The firm made a small reduction to its Q3 estimate, to $3.50 from $3.52. Eaton Earnings Estimate Revisions
• Positive Sentiment: Eaton and Trane Technologies announced a reference design with NVIDIA-oriented thermal-management and electrical architectures for AI factories. The collaboration may help Eaton capture additional data-center power-management demand while reducing deployment time and costs. Eaton and Trane Technologies AI Data Center Collaboration
• Neutral Sentiment: Eaton appointed Shawn Black as president of its Aerospace Group. His aerospace and defense experience could support execution, but the leadership change itself does not immediately alter financial guidance. Eaton Names Shawn Black President, Aerospace
• Negative Sentiment: Recent selling appeared driven by profit-taking and rotation away from industrial and high-growth stocks amid weaker market sentiment, higher yields and oil-price concerns, rather than by a deterioration in Eaton’s latest results. Eaton’s elevated valuation—approximately 44 times earnings—leaves the stock sensitive to multiple compression.

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.