Brokers Issue Forecasts for Eaton’s Q1 Earnings (NYSE:ETN)

Eaton Corporation, PLC (NYSE:ETN) – Equities researchers at Zacks Research reduced their Q1 2026 earnings per share (EPS) estimates for shares of Eaton in a note issued to investors on Monday, February 16th. Zacks Research analyst Team now expects that the industrial products company will earn $2.83 per share for the quarter, down from their prior estimate of $3.08. The consensus estimate for Eaton’s current full-year earnings is $12.02 per share. Zacks Research also issued estimates for Eaton’s Q2 2026 earnings at $3.21 EPS, Q3 2026 earnings at $3.50 EPS, Q4 2026 earnings at $3.75 EPS, FY2026 earnings at $13.29 EPS, Q4 2027 earnings at $4.05 EPS and FY2028 earnings at $17.17 EPS.

Eaton (NYSE:ETN) last released its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $3.33 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $3.33. Eaton had a return on equity of 25.00% and a net margin of 14.89%.The business had revenue of $7.06 billion during the quarter, compared to analyst estimates of $7.15 billion. During the same quarter in the previous year, the firm posted $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.

Several other analysts also recently weighed in on the stock. HSBC upgraded shares of Eaton from a “hold” rating to a “buy” rating and set a $400.00 price objective on the stock in a research report on Friday, January 16th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Eaton in a report on Wednesday, January 21st. JPMorgan Chase & Co. reduced their price objective on Eaton from $440.00 to $406.00 and set an “overweight” rating for the company in a research report on Friday, January 16th. Wells Fargo & Company raised their target price on Eaton from $340.00 to $370.00 and gave the company an “equal weight” rating in a research report on Wednesday, February 4th. Finally, Citigroup cut their target price on Eaton from $442.00 to $435.00 and set a “buy” rating on the stock in a research note on Monday, January 12th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Eaton has a consensus rating of “Moderate Buy” and a consensus target price of $389.89.

Eaton Stock Performance

Shares of ETN opened at $391.50 on Wednesday. The firm has a fifty day moving average of $341.97 and a 200-day moving average of $354.24. The company has a market cap of $152.06 billion, a price-to-earnings ratio of 37.43, a price-to-earnings-growth ratio of 2.68 and a beta of 1.20. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.81 and a current ratio of 1.32. Eaton has a 1 year low of $231.85 and a 1 year high of $408.45.

Insiders Place Their Bets

In other news, insider Sternadt Paulo Ruiz sold 10,707 shares of Eaton stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $390.26, for a total transaction 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 position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.30% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of ETN. PFA Pension Forsikringsaktieselskab bought a new stake in Eaton in the fourth quarter worth about $97,989,000. SG Americas Securities LLC grew its stake in shares of Eaton by 438.9% in the 4th quarter. SG Americas Securities LLC now owns 364,877 shares of the industrial products company’s stock worth $116,217,000 after purchasing an additional 297,166 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd raised its holdings in shares of Eaton by 239,384.8% in the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 158,060 shares of the industrial products company’s stock worth $50,344,000 after purchasing an additional 157,994 shares in the last quarter. Mediolanum International Funds Ltd lifted its stake in Eaton by 93.4% during the second quarter. Mediolanum International Funds Ltd now owns 106,114 shares of the industrial products company’s stock valued at $37,483,000 after purchasing an additional 51,255 shares during the last quarter. Finally, Entropy Technologies LP acquired a new stake in Eaton during the fourth quarter valued at approximately $14,786,000. Institutional investors own 82.97% of the company’s stock.

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.