Eaton (NYSE:ETN) Issues FY 2025 Earnings Guidance

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

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Wells Fargo & Company restated an "overweight" rating and set a $355.00 price objective on shares of Eaton in a research report on Monday. Royal Bank of Canada raised their price objective on shares of Eaton from $336.00 to $356.00 and gave the company an "outperform" rating in a research report on Monday. Barclays dropped their target price on Eaton from $315.00 to $306.00 and set an "equal weight" rating on the stock in a research report on Friday, April 4th. Evercore ISI reduced their price target on Eaton from $382.00 to $326.00 and set an "in-line" rating for the company in a report on Wednesday, February 19th. Finally, Morgan Stanley cut their price objective on Eaton from $385.00 to $375.00 and set an "overweight" rating for the company in a research report on Tuesday. Five research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $361.13.

Eaton Price Performance

Shares of NYSE ETN traded up $3.98 on Wednesday, hitting $302.09. The company's stock had a trading volume of 736,460 shares, compared to its average volume of 2,632,713. 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 stock has a 50 day moving average of $281.41 and a 200-day moving average of $320.94. Eaton has a 12-month low of $231.85 and a 12-month high of $379.99. The company has a market capitalization of $118.35 billion, a price-to-earnings ratio of 31.80, a price-to-earnings-growth ratio of 2.64 and a beta of 1.14.

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

Eaton Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Monday, May 5th will be issued a $1.04 dividend. The ex-dividend date of this dividend is Monday, May 5th. This represents a $4.16 dividend on an annualized basis and a yield of 1.38%. Eaton's dividend payout ratio (DPR) is 41.98%.

Hedge Funds Weigh In On Eaton

An institutional investor recently raised its position in Eaton stock. Brighton Jones LLC lifted its holdings in shares of Eaton Co. plc (NYSE:ETN - Free Report) by 1.4% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,341 shares of the industrial products company's stock after purchasing an additional 45 shares during the quarter. 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 hedge funds and other institutional investors.

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.