Eaton (NYSE:ETN) Updates FY 2025 Earnings Guidance

Eaton (NYSE:ETN - Get Free Report) updated its FY 2025 earnings guidance on Friday. The company provided EPS guidance of 11.800-12.200 for the period, compared to the consensus EPS estimate of 12.010. The company issued revenue guidance of -. Eaton also updated its Q2 2025 guidance to 2.850-2.950 EPS.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on ETN. Wells Fargo & Company raised their price target on shares of Eaton from $270.00 to $310.00 and gave the company an "equal weight" rating in a research note on Monday. Citigroup lifted their target price on Eaton from $323.00 to $351.00 and gave the stock a "buy" rating in a report on Monday. Barclays lowered their price objective on Eaton from $315.00 to $306.00 and set an "equal weight" rating for the company in a research report on Friday, April 4th. JPMorgan Chase & Co. reduced their target price on Eaton from $350.00 to $289.00 and set an "overweight" rating on the stock in a report on Tuesday, April 8th. Finally, Melius downgraded shares of Eaton from a "buy" rating to a "hold" rating and set a $373.00 price target on the stock. in a research report on Tuesday, January 28th. Six research analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the stock. Based on data from MarketBeat.com, Eaton has an average rating of "Moderate Buy" and a consensus price target of $357.31.

Eaton Stock Down 0.2 %

Shares of NYSE ETN traded down $0.64 during trading on Monday, hitting $299.07. The stock had a trading volume of 2,454,895 shares, compared to its average volume of 2,635,511. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.50 and a quick ratio of 0.96. The firm has a fifty day moving average of $281.21 and a two-hundred day moving average of $321.44. Eaton has a 12 month low of $231.85 and a 12 month high of $379.99. The company has a market capitalization of $117.17 billion, a PE ratio of 31.48, a PEG ratio of 2.64 and a beta of 1.14.

Eaton (NYSE:ETN - Get Free Report) last posted its quarterly earnings data on Friday, May 2nd. The industrial products company reported $2.72 EPS for the quarter, beating the consensus estimate of $2.70 by $0.02. The firm had revenue of $6.38 billion during the quarter, compared to analyst estimates of $6.26 billion. Eaton had a net margin of 15.25% and a return on equity of 22.62%. The company's revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter last year, the business posted $2.40 EPS. As a group, equities research analysts forecast that Eaton will post 12.02 EPS for the current fiscal year.

Eaton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Monday, May 5th will be paid a $1.04 dividend. The ex-dividend date is Monday, May 5th. This represents a $4.16 dividend on an annualized basis and a yield of 1.39%. Eaton's dividend payout ratio (DPR) is presently 41.98%.

Hedge Funds Weigh In On Eaton

A hedge fund recently raised its stake in Eaton stock. Brighton Jones LLC boosted its position in Eaton Co. plc (NYSE:ETN - Free Report) by 1.4% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 3,341 shares of the industrial products company's stock after acquiring an additional 45 shares during the period. Brighton Jones LLC's holdings in Eaton were worth $1,109,000 as of its most recent SEC filing. 82.97% of the stock is currently owned by institutional investors and hedge funds.

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.