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

Shares of Eaton Corporation, PLC (NYSE:ETN) have been assigned an average recommendation of “Moderate Buy” from the twenty-one research firms that are covering the company, MarketBeat reports. Four equities research analysts have rated the stock with a hold rating, fifteen have assigned a buy rating and two have issued a strong buy rating on the company. The average twelve-month target price among brokers that have covered the stock in the last year is $420.95.

ETN has been the subject of a number of research analyst reports. Citigroup increased their price objective on shares of Eaton from $464.00 to $471.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. JPMorgan Chase & Co. boosted their price objective on shares of Eaton from $406.00 to $445.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. Barclays increased their target price on shares of Eaton from $340.00 to $392.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. Weiss Ratings downgraded shares of Eaton from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, May 18th. Finally, KeyCorp boosted their target price on Eaton from $420.00 to $480.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th.

Eaton Stock Performance

Shares of Eaton stock opened at $403.27 on Monday. The firm has a market cap of $156.59 billion, a PE ratio of 39.42, a price-to-earnings-growth ratio of 2.59 and a beta of 1.20. The company has a quick ratio of 0.75, a current ratio of 1.19 and a debt-to-equity ratio of 0.94. Eaton has a 52 week low of $311.92 and a 52 week high of $436.74. The business’s fifty day simple moving average is $405.93 and its 200-day simple moving average is $372.04.

Eaton (NYSE:ETN) last issued its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $2.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.73 by $0.08. The firm had revenue of $7.45 billion for the quarter, compared to analyst estimates of $7.14 billion. Eaton had a net margin of 13.99% and a return on equity of 24.72%. Eaton’s revenue was up 16.8% on a year-over-year basis. During the same period in the previous year, the firm earned $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. Equities analysts forecast that Eaton will post 13.33 earnings per share for the current year.

Eaton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 8th were paid a $1.10 dividend. The ex-dividend date was Friday, May 8th. This represents a $4.40 dividend on an annualized basis and a yield of 1.1%. Eaton’s payout ratio is currently 43.01%.

Eaton News Summary

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Recent commentary highlighted Eaton’s position as a beneficiary of the AI/data-center buildout, with the company seen as well placed to profit from electrification demand and delayed data-center projects that still need power-management and cooling infrastructure. Data Center Delays Create Opportunity in These 3 Stocks
• Positive Sentiment: Analysts have been nudging earnings estimates higher, including multiple Zacks Research revisions for 2026–2028 EPS, which suggests continued confidence in Eaton’s profit growth trajectory. MarketBeat ETN page
• Positive Sentiment: Investor sentiment has also been supported by Eaton’s strong first-quarter results, raised full-year organic growth guidance, and portfolio reshaping efforts that concentrate the company more heavily in higher-growth Electrical and Aerospace businesses. Eaton Rises as Investors Focus on Strong Outlook and Portfolio Reshaping

Insider Buying and Selling at Eaton

In related news, Director Dorothy C. Thompson sold 167 shares of the firm’s stock in a transaction dated Friday, May 22nd. The stock was sold at an average price of $385.00, for a total transaction of $64,295.00. Following the transaction, the director owned 1,096 shares of the company’s stock, valued at $421,960. This trade represents a 13.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Heath B. Monesmith sold 18,367 shares of the business’s stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $409.11, for a total value of $7,514,123.37. Following the completion of the transaction, the insider owned 49,822 shares in the company, valued at $20,382,678.42. This trade represents a 26.94% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 21,028 shares of company stock valued at $8,614,793. Corporate insiders own 0.10% of the company’s stock.

Institutional Investors Weigh In On Eaton

A number of hedge funds have recently added to or reduced their stakes in the company. North Star Investment Management Corp. grew its position in Eaton by 0.3% during the first quarter. North Star Investment Management Corp. now owns 8,101 shares of the industrial products company’s stock worth $2,897,000 after buying an additional 28 shares during the period. Bogart Wealth LLC raised its stake in Eaton by 1.3% during the first quarter. Bogart Wealth LLC now owns 2,184 shares of the industrial products company’s stock worth $781,000 after purchasing an additional 29 shares during the period. Pring Turner Capital Group Inc. raised its holdings in shares of Eaton by 0.3% in the 4th quarter. Pring Turner Capital Group Inc. now owns 10,528 shares of the industrial products company’s stock worth $3,353,000 after purchasing an additional 30 shares during the period. Ellevest Inc. lifted its holdings in shares of Eaton by 2.5% during the 4th quarter. Ellevest Inc. now owns 1,281 shares of the industrial products company’s stock valued at $408,000 after acquiring an additional 31 shares in the last quarter. Finally, Douglass Winthrop Advisors LLC grew its position in Eaton by 1.2% in the fourth quarter. Douglass Winthrop Advisors LLC now owns 2,613 shares of the industrial products company’s stock valued at $832,000 after acquiring an additional 31 shares in the last quarter. Institutional investors and hedge funds 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.