Eaton (NYSE:ETN) Receives "Buy (B-)" Rating from Weiss Ratings

Key Points

• Eaton has received a "Buy (B-)" rating from Weiss Ratings, indicating strong investor confidence in the stock's performance.
• Analysts have varying ratings for Eaton, with 1 strong buy, 18 buy, and 6 hold ratings, leading to an average rating of "Moderate Buy" and a target price of $392.27.
• In its latest earnings report, Eaton reported an EPS of $2.95, exceeding expectations, and projected Q3 2025 EPS guidance between 3.010-3.070.

Eaton (NYSE:ETN - Get Free Report)'s stock had its "buy (b-)" rating reaffirmed by equities researchers at Weiss Ratings in a research note issued on Wednesday,Weiss Ratings reports.

A number of other research analysts have also weighed in on ETN. Daiwa America raised Eaton to a "strong-buy" rating in a report on Thursday, September 11th. Melius raised Eaton from a "hold" rating to a "buy" rating and set a $495.00 target price for the company in a report on Monday, September 15th. Redburn Atlantic started coverage on Eaton in a report on Wednesday, August 20th. They set a "hold" rating and a $336.00 target price for the company. The Goldman Sachs Group boosted 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. Finally, Daiwa Capital Markets started coverage on Eaton in a research report on Thursday, September 11th. They set an "outperform" rating and a $390.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, Eaton presently has an average rating of "Moderate Buy" and an average target price of $392.27.

Eaton Stock Performance

Shares of NYSE ETN traded up $5.79 during trading on Wednesday, reaching $376.73. 2,167,806 shares of the stock traded hands, compared to its average volume of 2,313,021. Eaton has a 52-week low of $231.85 and a 52-week high of $399.56. 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 company has a 50-day moving average of $361.86 and a 200-day moving average of $334.63. The stock has a market capitalization of $146.66 billion, a P/E ratio of 37.90, a price-to-earnings-growth ratio of 2.65 and a beta of 1.18.

Eaton (NYSE:ETN - Get Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The industrial products company reported $2.95 EPS for the quarter, beating analysts' consensus estimates of $2.92 by $0.03. The firm had revenue of $7.03 billion for the quarter, compared to analysts' expectations 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 prior year, the firm 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 forecast that Eaton will post 12.02 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, insider Olivier Leonetti sold 16,018 shares of the stock in a transaction dated 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 sale, the insider directly owned 630 shares in the company, valued at $225,785.70. This represents a 96.22% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.30% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. GAMMA Investing LLC increased its position in Eaton by 0.7% during the 1st quarter. GAMMA Investing LLC now owns 13,219 shares of the industrial products company's stock valued at $3,593,000 after buying an additional 96 shares in the last quarter. Focus Partners Wealth increased its position in Eaton by 41.1% during the 1st quarter. Focus Partners Wealth now owns 81,444 shares of the industrial products company's stock valued at $22,140,000 after buying an additional 23,736 shares in the last quarter. Jacobi Capital Management LLC increased its position in Eaton by 16.0% during the 1st quarter. Jacobi Capital Management LLC now owns 7,633 shares of the industrial products company's stock valued at $2,075,000 after buying an additional 1,050 shares in the last quarter. Brighton Jones LLC increased its position in Eaton by 4.9% during the 1st quarter. Brighton Jones LLC now owns 3,505 shares of the industrial products company's stock valued at $953,000 after buying an additional 164 shares in the last quarter. Finally, SCS Capital Management LLC bought a new position in Eaton during the 1st quarter valued at approximately $815,000. Institutional investors own 82.97% of the company's stock.

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.

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