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

Eaton Corporation, PLC (NYSE:ETN) has received an average recommendation of “Moderate Buy” from the twenty-one research firms that are presently covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation, fifteen have assigned a buy recommendation and two have given a strong buy recommendation to the company. The average 12-month price target among analysts that have issued a report on the stock in the last year is $420.95.

ETN has been the subject of several recent research reports. Morgan Stanley reaffirmed an “overweight” rating and issued a $500.00 price target on shares of Eaton in a report on Sunday, May 10th. Barclays increased their price objective on Eaton from $340.00 to $392.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. BMO Capital Markets initiated coverage on Eaton in a research report on Friday, March 27th. They issued an “outperform” rating and a $428.00 price objective for the company. Royal Bank Of Canada raised their price target on Eaton from $457.00 to $484.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 6th. Finally, JPMorgan Chase & Co. raised their price target on Eaton from $406.00 to $445.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th.

Insider Buying and Selling at Eaton

In other news, insider Antonio Galvao sold 494 shares of the firm’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $405.86, for a total transaction of $200,494.84. Following the completion of the transaction, the insider directly owned 9,175 shares in the company, valued at $3,723,765.50. This trade represents a 5.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Heath B. Monesmith sold 18,367 shares of the firm’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $409.11, for a total value of $7,514,123.37. Following the transaction, the insider owned 49,822 shares of the company’s stock, valued at approximately $20,382,678.42. This represents a 26.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 21,028 shares of company stock valued at $8,614,793. Corporate insiders own 0.10% of the company’s stock.

Institutional Trading of Eaton

Hedge funds have recently modified their holdings of the stock. Hilton Head Capital Partners LLC acquired a new stake in shares of Eaton in the fourth quarter valued at $26,000. Sfam LLC acquired a new stake in shares of Eaton in the fourth quarter valued at $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of Eaton in the fourth quarter valued at $28,000. Eagle Bay Advisors LLC acquired a new stake in shares of Eaton in the fourth quarter valued at $29,000. Finally, Boreal Capital Management LLC acquired a new stake in shares of Eaton in the first quarter valued at $33,000. 82.97% of the stock is currently owned by institutional investors and hedge funds.

Eaton Stock Performance

NYSE ETN opened at $422.84 on Thursday. The stock has a market capitalization of $164.19 billion, a price-to-earnings ratio of 41.33, a PEG ratio of 2.68 and a beta of 1.19. Eaton has a twelve month low of $311.92 and a twelve month high of $435.43. The company has a current ratio of 1.19, a quick ratio of 0.75 and a debt-to-equity ratio of 0.94. The stock has a 50-day moving average of $394.97 and a 200 day moving average of $363.90.

Eaton (NYSE:ETN) last released its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $2.81 earnings per share for the quarter, topping analysts’ consensus estimates of $2.73 by $0.08. The company had revenue of $7.45 billion during the quarter, compared to analysts’ expectations of $7.14 billion. Eaton had a return on equity of 24.72% and a net margin of 13.99%.Eaton’s quarterly revenue was up 16.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.72 EPS. Eaton has set its Q2 2026 guidance at 3.000-3.100 EPS and its FY 2026 guidance at 13.050-13.500 EPS. Sell-side analysts anticipate that Eaton will post 13.32 EPS for the current fiscal year.

Eaton Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 8th were given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Friday, May 8th. Eaton’s dividend payout ratio (DPR) is currently 43.01%.

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.