Zacks Research Issues Optimistic Outlook for Eaton Earnings

Eaton Corporation, PLC (NYSE:ETN - Free Report) - Analysts at Zacks Research increased their Q2 2025 EPS estimates for shares of Eaton in a report issued on Thursday, June 26th. Zacks Research analyst J. Saha now anticipates that the industrial products company will post earnings of $2.94 per share for the quarter, up from their previous estimate of $2.93. The consensus estimate for Eaton's current full-year earnings is $12.02 per share. Zacks Research also issued estimates for Eaton's Q4 2025 earnings at $3.23 EPS, Q2 2026 earnings at $3.34 EPS, Q3 2026 earnings at $3.62 EPS, Q4 2026 earnings at $3.53 EPS, FY2026 earnings at $13.57 EPS, Q1 2027 earnings at $3.43 EPS and FY2027 earnings at $14.90 EPS.

ETN has been the topic of a number of other reports. Wall Street Zen raised Eaton from a "hold" rating to a "buy" rating in a report on Sunday, May 18th. Morgan Stanley dropped their price target on shares of Eaton from $385.00 to $375.00 and set an "overweight" rating for the company in a research report on Tuesday, May 6th. KeyCorp increased their price target on Eaton from $325.00 to $355.00 and gave the stock an "overweight" rating in a research report on Monday, May 5th. Barclays upped their target price on Eaton from $306.00 to $323.00 and gave the company an "equal weight" rating in a research report on Monday, June 9th. Finally, JPMorgan Chase & Co. increased their target price on Eaton from $300.00 to $360.00 and gave the stock an "overweight" rating in a report on Friday, May 16th. Five equities research analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $368.78.

Eaton Trading Up 1.6%

Shares of NYSE:ETN opened at $353.74 on Monday. The stock has a market cap of $138.42 billion, a PE ratio of 35.70, a P/E/G ratio of 2.74 and a beta of 1.16. The company has a quick ratio of 0.84, a current ratio of 1.31 and a debt-to-equity ratio of 0.41. Eaton has a 12-month low of $231.85 and a 12-month high of $379.99. The business has a 50 day moving average of $318.04 and a 200-day moving average of $312.17.

Eaton (NYSE:ETN - Get Free Report) last released its quarterly earnings data on Friday, May 2nd. The industrial products company reported $2.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.70 by $0.02. The firm had revenue of $6.38 billion for the quarter, compared to analyst estimates of $6.26 billion. Eaton had a return on equity of 23.41% and a net margin of 15.55%. The business's revenue for the quarter was up 7.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.40 earnings per share.

Eaton Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, May 23rd. Shareholders of record on Monday, May 5th were paid a $1.04 dividend. The ex-dividend date of this dividend was Monday, May 5th. This represents a $4.16 dividend on an annualized basis and a yield of 1.18%. Eaton's dividend payout ratio is currently 41.98%.

Insider Buying and Selling at Eaton

In other news, insider Michael Yelton sold 2,120 shares of the stock in a transaction dated Tuesday, May 6th. The stock was sold at an average price of $296.87, for a total transaction of $629,364.40. Following the transaction, the insider now directly owns 3,382 shares in the company, valued at approximately $1,004,014.34. This represents a 38.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Craig Arnold sold 51,054 shares of Eaton stock in a transaction that occurred on Thursday, May 8th. The stock was sold at an average price of $305.43, for a total transaction of $15,593,423.22. Following the transaction, the insider now directly owns 489,444 shares in the company, valued at $149,490,880.92. This trade represents a 9.45% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 156,660 shares of company stock valued at $49,622,894 in the last 90 days. Corporate insiders own 0.30% of the company's stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. IMA Advisory Services Inc. purchased a new stake in shares of Eaton during the first quarter valued at approximately $25,000. Capital A Wealth Management LLC bought a new stake in shares of Eaton in the 4th quarter worth approximately $26,000. Flagship Wealth Advisors LLC purchased a new position in shares of Eaton during the fourth quarter valued at approximately $27,000. Creative Financial Designs Inc. ADV raised its holdings in shares of Eaton by 102.0% during the first quarter. Creative Financial Designs Inc. ADV now owns 101 shares of the industrial products company's stock valued at $27,000 after acquiring an additional 51 shares in the last quarter. Finally, Noble Wealth Management PBC purchased a new stake in Eaton in the fourth quarter worth $30,000. 82.97% of the stock is owned by 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.