About Eaton Corporation, PLC (NYSE:ETN)
Eaton Corporation (Eaton) is a diversified power management company. It is engaged in the manufacturing of electrical components and systems for power quality, distribution and control; hydraulics components, systems and services for industrial and mobile equipment; aerospace fuel, hydraulics and pneumatic systems for commercial and military use, and truck and automotive drivetrain and powertrain systems for performance, fuel economy and safety. On January 1, 2011, it closed the acquisition of the Tuthill Coupling Group, which is a division of the Tuthill Corporation. It has five segments: Electrical Americas and Electrical Rest of World; Hydraulics; Aerospace; Truck, and Automotive. On October 1, 2010, it acquired CopperLogic, Inc. On July 15, 2010, it acquired EMC Engineers, Inc. In May 2011, it acquired Internormen Technology Group. In August 2011, it acquired IE Power, Inc. In December 2011, it acquired E.A. Pedersen Company.
Industry, Sector and Symbol:
- Sector: Industrial Products
- Industry: Diversified Machinery
- Sub-Industry: Electrical Components & Equipment
- Symbol: NYSE:ETN
- CUSIP: G2918310
- Web: www.eaton.com
- Market Cap: $34.91 billion
- Outstanding Shares: 444,800,000
- 50 Day Moving Avg: $76.73
- 200 Day Moving Avg: $76.14
- 52 Week Range: $59.07 - $81.63
Sales & Book Value:
- Trailing P/E Ratio: 17.99
- Foreward P/E Ratio: 15.36
- P/E Growth: 1.57
- Annual Revenue: $19.83 billion
- Price / Sales: 1.76
- Book Value: $34.96 per share
- Price / Book: 2.24
- Annual Dividend: $2.40
- Dividend Yield: 3.0%
- EBITDA: $3.22 billion
- Net Margins: 9.95%
- Return on Equity: 12.93%
- Return on Assets: 6.40%
- Debt-to-Equity Ratio: 0.40%
- Current Ratio: 1.19%
- Quick Ratio: 0.81%
- Average Volume: 2.54 million shs.
- Beta: 1.36
- Short Ratio: 4.01
Frequently Asked Questions for Eaton Corporation, PLC (NYSE:ETN)
What is Eaton Corporation, PLC's stock symbol?
Eaton Corporation, PLC trades on the New York Stock Exchange (NYSE) under the ticker symbol "ETN."
How often does Eaton Corporation, PLC pay dividends? What is the dividend yield for Eaton Corporation, PLC?
Eaton Corporation, PLC declared a quarterly dividend on Tuesday, July 25th. Investors of record on Friday, August 4th will be paid a dividend of $0.60 per share on Friday, August 18th. This represents a $2.40 dividend on an annualized basis and a dividend yield of 3.06%. The ex-dividend date is Wednesday, August 2nd. View Eaton Corporation, PLC's Dividend History.
How were Eaton Corporation, PLC's earnings last quarter?
Eaton Corporation, PLC (NYSE:ETN) released its quarterly earnings results on Tuesday, August, 1st. The company reported $1.15 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $1.16 by $0.01. The firm had revenue of $5.13 billion for the quarter, compared to the consensus estimate of $5.14 billion. Eaton Corporation, PLC had a return on equity of 12.93% and a net margin of 9.95%. Eaton Corporation, PLC's quarterly revenue was up 1.0% on a year-over-year basis. During the same quarter last year, the company earned $1.07 EPS. View Eaton Corporation, PLC's Earnings History.
When will Eaton Corporation, PLC make its next earnings announcement?
What guidance has Eaton Corporation, PLC issued on next quarter's earnings?
Eaton Corporation, PLC issued an update on its FY17 earnings guidance on Tuesday, August, 1st. The company provided earnings per share (EPS) guidance of $4.50-4.70 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $4.65. Eaton Corporation, PLC also updated its Q3 guidance to $1.20-1.30 EPS.
Where is Eaton Corporation, PLC's stock going? Where will Eaton Corporation, PLC's stock price be in 2017?
19 brokers have issued 12-month price targets for Eaton Corporation, PLC's shares. Their forecasts range from $70.00 to $90.00. On average, they anticipate Eaton Corporation, PLC's stock price to reach $80.92 in the next twelve months. View Analyst Ratings for Eaton Corporation, PLC.
Who are some of Eaton Corporation, PLC's key competitors?
Some companies that are related to Eaton Corporation, PLC include ITT (ITT), Flow International Corp (FLOW), ATS Automation Tooling Systems (ATA), Rogers Sugar (RSI), Savaria (SIS), Power Solutions International (PSIX), Global Power Equipment Group (GLPW), Jason Industries (JASN), Alstom SA (ALO), GUD Holdings Limited (GUD), P10 Industries (PIOI) and Schneider Electric SE (SU).
Who owns Eaton Corporation, PLC stock?
Eaton Corporation, PLC's stock is owned by many different of retail and institutional investors. Top institutional shareholders include PGGM Investments (0.16%), Nationwide Fund Advisors (0.10%), Whittier Trust Co. (0.04%), Denali Advisors LLC (0.02%), Douglas Lane & Associates LLC (0.01%) and Sumitomo Life Insurance Co. (0.01%). Company insiders that own Eaton Corporation, PLC stock include Alexander M Cutler, Charles E Golden, Christopher M Connor, Cynthia K Brabander, Deborah L Mccoy, Dorothy C Thompson, Gregory R Page, Ken D Semelsberger, Mark M Mcguire, Michael J Critelli, Revathi Advaithi, Richard H Fearon, Thomas E Moran and Uday Yadav. View Institutional Ownership Trends for Eaton Corporation, PLC.
Who sold Eaton Corporation, PLC stock? Who is selling Eaton Corporation, PLC stock?
Eaton Corporation, PLC's stock was sold by a variety of institutional investors in the last quarter, including Douglas Lane & Associates LLC, Sumitomo Life Insurance Co. and SeaBridge Investment Advisors LLC. Company insiders that have sold Eaton Corporation, PLC stock in the last year include Charles E Golden, Christopher M Connor, Deborah L Mccoy, Ken D Semelsberger, Michael J Critelli, Revathi Advaithi, Richard H Fearon, Thomas E Moran and Uday Yadav. View Insider Buying and Selling for Eaton Corporation, PLC.
Who bought Eaton Corporation, PLC stock? Who is buying Eaton Corporation, PLC stock?
Eaton Corporation, PLC's stock was bought by a variety of institutional investors in the last quarter, including PGGM Investments, Denali Advisors LLC, Nationwide Fund Advisors, Whittier Trust Co. and Foster & Motley Inc.. Company insiders that have bought Eaton Corporation, PLC stock in the last two years include Christopher M Connor, Cynthia K Brabander, Dorothy C Thompson and Gregory R Page. View Insider Buying and Selling for Eaton Corporation, PLC.
How do I buy Eaton Corporation, PLC stock?
Shares of Eaton Corporation, PLC can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Eaton Corporation, PLC's stock price today?
MarketBeat Community Rating for Eaton Corporation, PLC (NYSE ETN)MarketBeat's community ratings are surveys of what our community members think about Eaton Corporation, PLC and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Eaton Corporation, PLC stock can currently be purchased for approximately $78.48.
Consensus Ratings for Eaton Corporation, PLC (NYSE:ETN) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Sell Ratings, 10 Hold Ratings, 6 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.16)|
|Consensus Price Target: ||$80.92 (3.10% upside)|Consensus Price Target History for Eaton Corporation, PLC (NYSE:ETN)
Analysts' Ratings History for Eaton Corporation, PLC (NYSE:ETN)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/17/2017||Buckingham Research||Initiated Coverage||Neutral||$82.00||N/A|
|10/17/2017||Bank of America Corporation||Downgrade||Buy -> Underperform||N/A|
|10/13/2017||Citigroup Inc.||Boost Price Target||Buy||$88.00 -> $90.00||N/A|
|10/12/2017||Stifel Nicolaus||Reiterated Rating||Hold||$82.00||N/A|
|10/2/2017||Morgan Stanley||Reiterated Rating||Overweight||$87.00 -> $88.00||Low|
|8/24/2017||Jefferies Group LLC||Reiterated Rating||Hold||$75.00||Low|
|8/17/2017||J P Morgan Chase & Co||Downgrade||Neutral -> Underweight||$73.00 -> $70.00||High|
|7/12/2017||Royal Bank Of Canada||Reiterated Rating||Hold||$78.00||Low|
|7/11/2017||Wolfe Research||Initiated Coverage||Market Perform||Low|
|6/19/2017||JMP Securities||Initiated Coverage||Mkt Perform -> Market Perform||Medium|
|5/30/2017||Argus||Reiterated Rating||Buy||$83.00 -> $85.00||Low|
|5/2/2017||Barclays PLC||Set Price Target||Hold||$81.00||Low|
|4/4/2017||Longbow Research||Upgrade||Neutral -> Buy||$88.00||Medium|
|3/28/2017||Credit Suisse Group||Reiterated Rating||Buy||Low|
|2/1/2017||Avondale Partners||Initiated Coverage||Market Perform||$72.00||N/A|
|1/3/2017||Vertical Research||Downgrade||Buy -> Hold||N/A|
|12/15/2016||Sanford C. Bernstein||Reiterated Rating||Market Perform||N/A|
|10/7/2016||HSBC Holdings plc||Initiated Coverage||Buy||$74.00||N/A|
|8/25/2016||Deutsche Bank AG||Reiterated Rating||Hold||$65.00||N/A|
|2/29/2016||Robert W. Baird||Boost Price Target||$52.00 -> $54.00||N/A|
|2/17/2016||Standpoint Research||Downgrade||Buy -> Hold||N/A|
|2/4/2016||Societe Generale||Lower Price Target||Hold||$58.00 -> $54.00||N/A|
|2/4/2016||Goldman Sachs Group, Inc. (The)||Boost Price Target||Neutral||$57.00 -> $58.00||N/A|
Earnings History for Eaton Corporation, PLC (NYSE:ETN)Earnings History by Quarter for Eaton Corporation, PLC (NYSE ETN)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/1/2017||Q2 2017||$1.16||$1.15||$5.14 billion||$5.13 billion||View||N/A|
|5/2/2017||Q1 2017||$0.87||$0.96||$4.70 billion||$4.85 billion||View||N/A|
|2/2/2017||Q416||$1.10||$1.12||$4.91 billion||$4.90 billion||View||Listen|
|11/1/2016||Q316||$1.14||$1.15||$5.05 billion||$5.00 billion||View||Listen|
|8/2/2016||Q216||$1.07||$1.07||$5.06 billion||$5.10 billion||View||Listen|
|4/29/2016||Q116||$0.85||$0.88||$4.77 billion||$4.81 billion||View||N/A|
|2/3/2016||Q415||$1.10||$1.17||$5.10 billion||$5.10 billion||View||N/A|
|10/30/2015||Q315||$1.00||$0.97||$5.39 billion||$5.20 billion||View||N/A|
|7/29/2015||Q215||$1.13||$1.16||$5.50 billion||$5.37 billion||View||Listen|
|4/29/2015||Q115||$0.98||$1.01||$5.30 billion||$5.20 billion||View||N/A|
|2/3/2015||Q414||$1.20||$1.27||$5.60 billion||$5.57 billion||View||Listen|
|10/29/2014||Q314||$1.23||$1.29||$5.80 billion||$5.73 billion||View||N/A|
|7/29/2014||Q214||$1.11||$1.11||$5.78 billion||$5.77 billion||View||Listen|
|4/29/2014||Q114||$1.00||$1.01||$5.49 billion||$5.49 billion||View||Listen|
|2/4/2014||Q413||$1.06||$1.08||$5.55 billion||$5.50 billion||View||N/A|
|10/25/2013||Q313||$1.12||$1.15||$5.70 billion||$5.61 billion||View||N/A|
|8/2/2013||Q2 2013||$1.11||$1.09||$5.78 billion||$5.60 billion||View||N/A|
|4/29/2013||Q1 2013||$0.79||$0.84||$5.42 billion||$5.31 billion||View||N/A|
|2/5/2013||Q4 2012||$0.93||$0.82||$4.25 billion||$4.33 billion||View||N/A|
Earnings Estimates for Eaton Corporation, PLC (NYSE:ETN)
2017 EPS Consensus Estimate: $4.46
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Eaton Corporation, PLC (NYSE:ETN)
|Most Recent Dividend:||8/18/2017|
|Dividend Growth:||10.70% (3 Year Average)|
|Payout Ratio:||54.79% (Trailing 12 Months of Earnings) |
52.29% (Based on This Year's Estimates)
46.97% (Based on Next Year's Estimates)
|Track Record:||7 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Eaton Corporation, PLC (NYSE ETN)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Eaton Corporation, PLC (NYSE:ETN)
Insider Ownership Percentage: 0.80%Insider Trades by Quarter for Eaton Corporation, PLC (NYSE:ETN)
Institutional Ownership Percentage: 75.84%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|9/11/2017||Deborah L Mccoy||Director||Sell||6,450||$73.17||$471,946.50|| |
|5/5/2017||Richard H Fearon||Insider||Sell||25,000||$76.24||$1,906,000.00|| |
|5/4/2017||Uday Yadav||Insider||Sell||3,034||$76.08||$230,826.72|| |
|3/14/2017||Thomas E Moran||SVP||Sell||3,470||$72.13||$250,291.10|| |
|3/2/2017||Deborah L Mccoy||Director||Sell||5,000||$72.19||$360,950.00|| |
|12/9/2016||Ken D Semelsberger||Insider||Sell||19,913||$69.15||$1,376,983.95|| |
|11/23/2016||Deborah L Mccoy||Director||Sell||6,504||$66.34||$431,475.36|| |
|11/18/2016||Revathi Advaithi||Insider||Sell||39,008||$64.16||$2,502,753.28|| |
|11/17/2016||Christopher M Connor||Director||Sell||6,504||$65.59||$426,597.36|| |
|11/10/2016||Charles E Golden||Director||Sell||14,626||$67.96||$993,982.96|| |
|11/10/2016||Richard H Fearon||Insider||Sell||20,000||$68.11||$1,362,200.00|| |
|11/9/2016||Michael J Critelli||Director||Sell||13,000||$64.26||$835,380.00|| |
|8/30/2016||Uday Yadav||Insider||Sell||15,713||$67.05||$1,053,556.65|| |
|8/26/2016||Christopher M Connor||Director||Buy||1,000||$67.23||$67,230.00|| |
|8/19/2016||Dorothy C Thompson||Director||Buy||550||$67.32||$37,026.00|| |
|8/5/2016||Richard H Fearon||Insider||Sell||65,195||$65.29||$4,256,581.55|| |
|8/4/2016||Mark M Mcguire||Insider||Sell||18,751||$64.55||$1,210,377.05|| |
|6/7/2016||Mark M Mcguire||Insider||Sell||18,751||$63.04||$1,182,063.04|| |
|5/11/2016||Alexander M Cutler||Insider||Sell||138,762||$62.33||$8,649,035.46|| |
|2/22/2016||Cynthia K Brabander||Insider||Buy||810||$57.50||$46,575.00|| |
|12/14/2015||Gregory R Page||Director||Buy||1,000||$50.39||$50,390.00|| |
|9/1/2015||Gregory R Page||Director||Buy||3,000||$55.24||$165,720.00|| |
|8/13/2015||Christopher M Connor||Director||Sell||20,000||$60.10||$1,202,000.00|| |
|5/8/2015||Mark M Mcguire||Insider||Sell||20,000||$71.93||$1,438,600.00|| |
|3/2/2015||Thomas Gross||Insider||Sell||29,231||$71.08||$2,077,739.48|| |
|2/9/2015||Richard H Fearon||Insider||Sell||91,513||$70.33||$6,436,109.29|| |
|2/5/2015||Alexander M Cutler||Insider||Sell||330,000||$69.23||$22,845,900.00|| |
|12/15/2014||Deborah L Mccoy||Director||Sell||7,408||$65.06||$481,964.48|| |
|9/11/2014||Gerald B Smith||Director||Sell||5,000||$67.79||$338,950.00|| |
|9/5/2014||Michael J Critelli||Director||Sell||20,250||$69.00||$1,397,250.00|| |
|5/28/2014||Thomas Gross||Insider||Sell||110,726||$74.32||$8,229,156.32|| |
|3/7/2014||Alexander Cutler||Insider||Sell||29,280||$75.55||$2,212,104.00|| |
|3/6/2014||Michael Critelli||Director||Sell||15,000||$75.26||$1,128,900.00|| |
|3/4/2014||Thomas Gross||Insider||Sell||21,667||$74.43||$1,612,674.81|| |
|11/26/2012||Deborah L Mccoy||Director||Sell||12,912||$51.48||$664,709.76|| |
Headline Trends for Eaton Corporation, PLC (NYSE:ETN)
Latest Headlines for Eaton Corporation, PLC (NYSE:ETN)
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Eaton Corporation, PLC (ETN) Chart for Monday, October, 23, 2017