Eaton Co. plc (NYSE:ETN – Free Report) – Equities research analysts at KeyCorp issued their Q1 2025 EPS estimates for shares of Eaton in a report issued on Tuesday, March 11th. KeyCorp analyst J. Hammond forecasts that the industrial products company will post earnings per share of $2.70 for the quarter. KeyCorp currently has a “Overweight” rating and a $340.00 target price on the stock. The consensus estimate for Eaton’s current full-year earnings is $12.02 per share. KeyCorp also issued estimates for Eaton’s Q2 2025 earnings at $3.12 EPS, Q3 2025 earnings at $3.06 EPS, Q4 2025 earnings at $3.18 EPS, FY2025 earnings at $12.05 EPS and FY2026 earnings at $13.46 EPS.
Several other equities analysts also recently commented on the stock. Jefferies Financial Group decreased their price objective on shares of Eaton from $390.00 to $335.00 and set a “buy” rating on the stock in a report on Wednesday. Royal Bank of Canada decreased their price target on shares of Eaton from $405.00 to $376.00 and set an “outperform” rating on the stock in a research note on Thursday, March 6th. JPMorgan Chase & Co. cut their price objective on shares of Eaton from $350.00 to $348.00 and set an “overweight” rating for the company in a research report on Wednesday, January 15th. Citigroup decreased their target price on Eaton from $440.00 to $410.00 and set a “buy” rating on the stock in a research report on Monday, January 13th. Finally, Evercore ISI lowered their target price on Eaton from $382.00 to $326.00 and set an “in-line” rating on the stock in a research note on Wednesday, February 19th. Seven analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to data from MarketBeat, Eaton has a consensus rating of “Moderate Buy” and an average target price of $356.20.
Check Out Our Latest Report on Eaton
Eaton Stock Up 3.8 %
ETN stock opened at $294.53 on Thursday. The business’s 50 day simple moving average is $316.31 and its 200 day simple moving average is $331.29. Eaton has a 1-year low of $255.65 and a 1-year high of $379.99. The firm has a market capitalization of $115.45 billion, a PE ratio of 31.00, a PEG ratio of 2.64 and a beta of 1.09. The company has a current ratio of 1.50, a quick ratio of 0.96 and a debt-to-equity ratio of 0.46.
Eaton (NYSE:ETN – Get Free Report) last announced its quarterly earnings results on Friday, January 31st. The industrial products company reported $2.83 earnings per share for the quarter, topping analysts’ consensus estimates of $2.82 by $0.01. Eaton had a return on equity of 22.62% and a net margin of 15.25%. During the same quarter in the prior year, the firm earned $2.55 EPS.
Institutional Trading of Eaton
Institutional investors and hedge funds have recently bought and sold shares of the stock. Capital A Wealth Management LLC acquired a new stake in shares of Eaton in the fourth quarter valued at about $26,000. Flagship Wealth Advisors LLC acquired a new stake in Eaton during the 4th quarter valued at approximately $27,000. Noble Wealth Management PBC bought a new position in Eaton during the 4th quarter worth approximately $30,000. Horizon Bancorp Inc. IN lifted its position in shares of Eaton by 321.7% in the 4th quarter. Horizon Bancorp Inc. IN now owns 97 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 74 shares during the period. Finally, Morse Asset Management Inc bought a new stake in shares of Eaton in the 3rd quarter valued at $33,000. 82.97% of the stock is currently owned by institutional investors and hedge funds.
Eaton Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 10th will be issued a dividend of $1.04 per share. This represents a $4.16 dividend on an annualized basis and a dividend yield of 1.41%. The ex-dividend date is Monday, March 10th. This is a positive change from Eaton’s previous quarterly dividend of $0.94. Eaton’s payout ratio is 43.79%.
Eaton Company Profile
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.
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