Eaton (NYSE:ETN) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS

Eaton (NYSE:ETN) posted its earnings results on Tuesday. The industrial products company reported $3.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.06 by $0.01, Zacks reports. The firm had revenue of $6.99 billion during the quarter, compared to analyst estimates of $7.09 billion. Eaton had a net margin of 15.11% and a return on equity of 23.91%. Eaton updated its Q4 2025 guidance to 3.230-3.430 EPS and its FY 2025 guidance to 11.970-12.170 EPS.

Eaton Stock Performance

Shares of ETN opened at $377.98 on Wednesday. The company’s 50 day moving average price is $368.79 and its 200 day moving average price is $349.78. Eaton has a 52 week low of $231.85 and a 52 week high of $399.56. The company has a market capitalization of $147.15 billion, a PE ratio of 38.03, a PEG ratio of 2.77 and a beta of 1.18. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.76 and a current ratio of 1.24.

Eaton Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, November 21st. Stockholders of record on Thursday, November 6th will be given a $1.04 dividend. This represents a $4.16 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Thursday, November 6th. Eaton’s dividend payout ratio (DPR) is 41.85%.

Insider Buying and Selling

In related news, insider Olivier Leonetti sold 16,018 shares of the business’s stock in a transaction that occurred on Thursday, August 7th. The shares were sold at an average price of $358.39, for a total transaction of $5,740,691.02. Following the transaction, the insider directly owned 630 shares of the company’s stock, valued at approximately $225,785.70. The trade was a 96.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Gerald Johnson acquired 100 shares of the stock in a transaction that occurred on Friday, October 31st. The shares were bought at an average cost of $384.33 per share, for a total transaction of $38,433.00. Following the completion of the transaction, the director directly owned 200 shares of the company’s stock, valued at $76,866. This represents a 100.00% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.30% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ETN. WFA of San Diego LLC purchased a new position in Eaton during the second quarter valued at approximately $36,000. Vista Capital Partners Inc. bought a new stake in Eaton in the second quarter worth approximately $259,000. SkyView Investment Advisors LLC bought a new stake in Eaton in the second quarter worth approximately $300,000. Revolve Wealth Partners LLC grew its position in Eaton by 17.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 913 shares of the industrial products company’s stock worth $303,000 after acquiring an additional 136 shares in the last quarter. Finally, Tandem Wealth Advisors LLC grew its position in Eaton by 70.1% in the second quarter. Tandem Wealth Advisors LLC now owns 2,216 shares of the industrial products company’s stock worth $791,000 after acquiring an additional 913 shares in the last quarter. 82.97% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

ETN has been the subject of a number of analyst reports. Daiwa Capital Markets began coverage on shares of Eaton in a research note on Thursday, September 11th. They set an “outperform” rating and a $390.00 target price for the company. Wall Street Zen downgraded shares of Eaton from a “buy” rating to a “hold” rating in a report on Saturday, September 13th. Citigroup boosted their target price on shares of Eaton from $438.00 to $442.00 and gave the stock a “buy” rating in a report on Thursday, October 9th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $396.00 target price on shares of Eaton in a report on Monday, July 14th. Finally, Raymond James Financial boosted their target price on shares of Eaton from $380.00 to $415.00 and gave the stock an “outperform” rating in a report on Thursday, August 7th. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $399.27.

About Eaton

Eaton Corporation plc operates as a power management company worldwide. The company’s Electrical Americas and Electrical Global segment provides electrical components, industrial components, power distribution and assemblies, residential products, single and three phase power quality and connectivity products, wiring devices, circuit protection products, utility power distribution products, power reliability equipment, and services, as well as hazardous duty electrical equipment, emergency lighting, fire detection, explosion-proof instrumentation, and structural support systems.