Eaton Corporation, PLC (NYSE:ETN) Receives $390.68 Average Price Target from Analysts

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 been assigned a consensus recommendation of "Moderate Buy" from the twenty-four analysts that are currently covering the stock, Marketbeat.com reports. Six investment analysts have rated the stock with a hold recommendation, seventeen have issued a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $390.6818.

Several equities research analysts recently commented on the company. Melius Research raised Eaton from a "hold" rating to a "buy" rating and boosted their price target for the company from $412.00 to $495.00 in a research note on Monday, September 15th. Melius raised Eaton from a "hold" rating to a "buy" rating and set a $495.00 price target for the company in a research note on Monday, September 15th. The Goldman Sachs Group upped their target price on Eaton from $345.00 to $382.00 and gave the stock a "buy" rating in a research report on Tuesday, July 8th. Wells Fargo & Company upped their target price on Eaton from $310.00 to $360.00 and gave the stock an "equal weight" rating in a research report on Tuesday, July 1st. Finally, Redburn Atlantic assumed coverage on Eaton in a research report on Wednesday, August 20th. They issued a "hold" rating and a $336.00 price objective for the company.

Insider Transactions at Eaton

In other Eaton news, insider Olivier Leonetti sold 16,018 shares of the company'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 value of $5,740,691.02. Following the completion of the sale, the insider owned 630 shares of the company's stock, valued at approximately $225,785.70. This represents a 96.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.30% of the company's stock.

Institutional Investors Weigh In On Eaton

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Capital A Wealth Management LLC acquired a new position in shares of Eaton during the 4th quarter worth approximately $26,000. IMA Advisory Services Inc. bought a new stake in shares of Eaton during the 1st quarter valued at $25,000. Vermillion Wealth Management Inc. bought a new stake in shares of Eaton during the 4th quarter valued at $33,000. WFA of San Diego LLC bought a new stake in shares of Eaton during the 2nd quarter worth $36,000. Finally, 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 worth $27,000 after buying an additional 51 shares during the last quarter. Institutional investors and hedge funds own 82.97% of the company's stock.

Eaton Trading Down 0.1%

NYSE ETN traded down $0.46 on Friday, hitting $377.85. 175,635 shares of the company were exchanged, compared to its average volume of 2,920,755. The company's 50 day moving average price is $363.78 and its 200-day moving average price is $328.38. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.24 and a quick ratio of 0.76. The firm has a market capitalization of $147.10 billion, a P/E ratio of 38.07, a price-to-earnings-growth ratio of 2.68 and a beta of 1.17. Eaton has a twelve month low of $231.85 and a twelve month high of $399.56.

Eaton (NYSE:ETN - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The industrial products company reported $2.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.92 by $0.03. The firm 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%.The business's revenue for the quarter was up 10.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $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. Analysts predict that Eaton will post 12.02 earnings per share for the current fiscal year.

Eaton Announces Dividend

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

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.