Eaton Corporation, PLC (NYSE:ETN) Given Consensus Rating of "Moderate Buy" by Brokerages

Key Points

• Eaton Corporation, PLC received a consensus rating of "Moderate Buy" from 24 analysts, with an average 12-month target price of $390.68.
• Insider Olivier Leonetti sold 16,018 shares at an average price of $358.39, resulting in a 96.22% decrease in his holdings to 630 shares.
• The company reported $2.95 EPS for the last quarter, exceeding analysts' expectations and has set guidance for Q3 2025 EPS between 3.010 and 3.070.

Eaton Corporation, PLC (NYSE:ETN - Get Free Report) has earned an average rating of "Moderate Buy" from the twenty-four brokerages that are covering the company, Marketbeat Ratings reports. Six analysts have rated the stock with a hold recommendation, seventeen have assigned a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is $390.6818.

ETN has been the topic of a number of analyst reports. Sanford C. Bernstein reiterated an "outperform" rating and issued a $396.00 price target on shares of Eaton in a report on Monday, July 14th. Wells Fargo & Company lifted their price target on Eaton from $310.00 to $360.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 1st. Daiwa America raised Eaton to a "strong-buy" rating in a research report on Thursday, September 11th. The Goldman Sachs Group boosted their price objective on Eaton from $345.00 to $382.00 and gave the company a "buy" rating in a report on Tuesday, July 8th. Finally, Daiwa Capital Markets began coverage on Eaton in a report on Thursday, September 11th. They issued an "outperform" rating and a $390.00 price target for the company.

Insider Buying and Selling

In other news, insider Olivier Leonetti sold 16,018 shares of the firm's stock in a transaction on Thursday, August 7th. The stock was sold at an average price of $358.39, for a total transaction of $5,740,691.02. Following the completion of the transaction, the insider directly owned 630 shares in the company, valued at $225,785.70. This trade represents a 96.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Corporate insiders own 0.30% of the company's stock.

Hedge Funds Weigh In On Eaton

Large investors have recently bought and sold shares of the business. IMA Advisory Services Inc. purchased a new position in Eaton in the first quarter valued at $25,000. Capital A Wealth Management LLC acquired a new stake in Eaton in the fourth quarter valued at about $26,000. Creative Financial Designs Inc. ADV lifted its position in shares of Eaton by 102.0% during the 1st quarter. Creative Financial Designs Inc. ADV now owns 101 shares of the industrial products company's stock valued at $27,000 after acquiring an additional 51 shares during the period. Vermillion Wealth Management Inc. acquired a new stake in shares of Eaton during the 4th quarter valued at approximately $33,000. Finally, WFA of San Diego LLC acquired a new stake in shares of Eaton during the 2nd quarter valued at approximately $36,000. Hedge funds and other institutional investors own 82.97% of the company's stock.

Eaton Trading Up 1.0%

ETN traded up $3.68 during trading on Friday, hitting $374.95. 3,482,977 shares of the stock were exchanged, compared to its average volume of 2,081,719. The firm has a 50 day simple moving average of $363.40 and a 200 day simple moving average of $327.38. The firm has a market cap of $145.97 billion, a price-to-earnings ratio of 37.72, a P/E/G ratio of 2.68 and a beta of 1.16. Eaton has a 1 year low of $231.85 and a 1 year high of $399.56. 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 (NYSE:ETN - Get Free Report) last released its quarterly earnings data on Tuesday, August 5th. The industrial products company reported $2.95 EPS for the quarter, topping the consensus estimate of $2.92 by $0.03. The company had revenue of $7.03 billion for the quarter, compared to the consensus estimate of $6.93 billion. Eaton had a return on equity of 23.91% and a net margin of 15.11%.Eaton's quarterly revenue was up 10.7% on a year-over-year basis. During the same period last year, the business posted $2.73 EPS. Eaton has set its Q3 2025 guidance at 3.010-3.070 EPS. FY 2025 guidance at 11.970-12.170 EPS. As a group, equities analysts expect that Eaton will post 12.02 EPS for the current year.

Eaton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, August 22nd. Investors of record on Thursday, August 7th were issued a $1.04 dividend. The ex-dividend date was Thursday, August 7th. This represents a $4.16 dividend on an annualized basis and a yield of 1.1%. Eaton's dividend payout ratio is currently 41.85%.

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.