FY2026 EPS Estimates for Eaton Increased by Erste Group Bank

Key Points

• Erste Group Bank raised Eaton’s FY2026 EPS estimate to $13.55 from $13.50 and maintains a “Buy” rating; its FY2027 estimate is $16.00, broadly in line with the $13.56 consensus for FY2026.
• Eaton recently beat quarterly expectations, reporting $3.15 EPS versus $3.08 expected and $8.53 billion in revenue versus $8.16 billion expected. Revenue increased 21.4% year over year, while full-year 2026 guidance is $13.40–$13.60 EPS.
• Analysts collectively rate Eaton “Moderate Buy,” with a consensus price target of $442. The company also pays a quarterly dividend of $1.10, equivalent to a 1.1% yield at the reported share price.

Eaton Corporation, PLC (NYSE:ETN - Free Report) - Stock analysts at Erste Group Bank upped their FY2026 earnings per share (EPS) estimates for shares of Eaton in a research report issued to clients and investors on Thursday, August 27th. Erste Group Bank analyst S. Lingnau now forecasts that the industrial products company will post earnings per share of $13.55 for the year, up from their prior estimate of $13.50. Erste Group Bank has a "Buy" rating on the stock. The consensus estimate for Eaton's current full-year earnings is $13.56 per share. Erste Group Bank also issued estimates for Eaton's FY2027 earnings at $16.00 EPS.

ETN has been the subject of a number of other research reports. Barclays increased their target price on shares of Eaton from $340.00 to $392.00 and gave the stock an "equal weight" rating in a research report on Wednesday, May 6th. Robert W. Baird set a $500.00 target price on Eaton and gave the stock an "outperform" rating in a research report on Thursday, August 20th. KeyCorp raised their target price on shares of Eaton from $420.00 to $480.00 and gave the company an "overweight" rating in a research note on Wednesday, May 6th. Wall Street Zen lowered shares of Eaton from a "buy" rating to a "hold" rating in a research report on Sunday, August 16th. Finally, BMO Capital Markets upped their price target on shares of Eaton from $477.00 to $487.00 and gave the company an "outperform" rating in a report on Monday, August 3rd. Three investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, Eaton currently has an average rating of "Moderate Buy" and a consensus price target of $442.00.

Eaton Stock Performance

Shares of ETN opened at $402.56 on Monday. The company's 50 day moving average price is $417.02 and its 200 day moving average price is $397.92. Eaton has a 52 week low of $311.92 and a 52 week high of $478.00. The company has a market capitalization of $156.35 billion, a PE ratio of 40.95, a PEG ratio of 2.54 and a beta of 1.18. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.79 and a current ratio of 1.24.

Eaton (NYSE:ETN - Get Free Report) last released its earnings results on Friday, July 31st. The industrial products company reported $3.15 earnings per share for the quarter, beating the consensus estimate of $3.08 by $0.07. The company had revenue of $8.53 billion for the quarter, compared to analysts' expectations of $8.16 billion. Eaton had a return on equity of 24.58% and a net margin of 12.75%.The business's revenue for the quarter was up 21.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.95 EPS. Eaton has set its Q3 2026 guidance at 3.460-3.560 EPS and its FY 2026 guidance at 13.400-13.600 EPS.

Eaton Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 7th were paid a $1.10 dividend. The ex-dividend date was Friday, August 7th. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. Eaton's dividend payout ratio (DPR) is presently 44.76%.

Insider Buying and Selling

In related news, Director Gerald Johnson purchased 130 shares of the firm's stock in a transaction on Thursday, August 13th. The shares were bought at an average cost of $455.90 per share, for a total transaction of $59,267.00. Following the transaction, the director directly owned 1,829 shares of the company's stock, valued at approximately $833,841.10. This trade represents a 7.65% increase in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Heath B. Monesmith sold 18,036 shares of the business's stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $458.04, for a total transaction of $8,261,209.44. Following the transaction, the insider owned 50,368 shares in the company, valued at approximately $23,070,558.72. The trade was a 26.37% decrease in their position. The SEC filing for this sale provides additional information. 0.10% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Eaton

A number of institutional investors have recently added to or reduced their stakes in ETN. Manning & Napier Advisors LLC acquired a new position in Eaton in the 2nd quarter valued at approximately $27,000. Hilton Head Capital Partners LLC acquired a new stake in Eaton during the fourth quarter worth $26,000. Archer Investment Corp bought a new stake in Eaton in the 2nd quarter valued at $35,000. Sfam LLC bought a new stake in Eaton in the 4th quarter valued at $27,000. Finally, Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of Eaton in the 4th quarter valued at $28,000. 82.97% of the stock is owned by institutional investors and hedge funds.

Eaton Company Profile

Eaton NYSE: ETN is a diversified power management company that designs, manufactures and distributes products and systems to manage electrical, hydraulic and mechanical power. The company's offerings are used to improve energy efficiency, reliability and safety across a wide range of applications, with core capabilities in electrical distribution and control, industrial hydraulics and aerospace systems.

Its product portfolio includes switchgear, circuit breakers, transformers, power distribution units, uninterruptible power supplies and surge protection devices for electrical infrastructure, along with hydraulic pumps, valves and filtration systems for industrial and mobile equipment.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source