Eaton Corporation, PLC Company Profile (NYSE:ETN)

About Eaton Corporation, PLC (NYSE:ETN)

Eaton Corporation, PLC logoEaton 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
Capitalization:
  • Market Cap: $34.91 billion
  • Outstanding Shares: 444,800,000
Average Prices:
  • 50 Day Moving Avg: $76.73
  • 200 Day Moving Avg: $76.14
  • 52 Week Range: $59.07 - $81.63
P/E:
  • Trailing P/E Ratio: 17.99
  • Foreward P/E Ratio: 15.36
  • P/E Growth: 1.57
Sales & Book Value:
  • Annual Revenue: $19.83 billion
  • Price / Sales: 1.76
  • Book Value: $34.96 per share
  • Price / Book: 2.24
Dividend:
  • Annual Dividend: $2.40
  • Dividend Yield: 3.0%
Profitability:
  • EBITDA: $3.22 billion
  • Net Margins: 9.95%
  • Return on Equity: 12.93%
  • Return on Assets: 6.40%
Debt:
  • Debt-to-Equity Ratio: 0.40%
  • Current Ratio: 1.19%
  • Quick Ratio: 0.81%
Misc:
  • 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 announced a quarterly dividend on Tuesday, July 25th. Stockholders of record on Friday, August 4th will be given a dividend of $0.60 per share on Friday, August 18th. This represents a $2.40 annualized dividend and a dividend yield of 3.06%. The ex-dividend date of this dividend 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 earnings results on Tuesday, August, 1st. The company reported $1.15 EPS for the quarter, missing the consensus estimate of $1.16 by $0.01. The company had revenue of $5.13 billion for the quarter, compared to analysts' expectations of $5.14 billion. Eaton Corporation, PLC had a net margin of 9.95% and a return on equity of 12.93%. The company's revenue for the quarter was up 1.0% on a year-over-year basis. During the same period last year, the business earned $1.07 earnings per share. View Eaton Corporation, PLC's Earnings History.

When will Eaton Corporation, PLC make its next earnings announcement?

Eaton Corporation, PLC is scheduled to release their next quarterly earnings announcement on Tuesday, October, 31st 2017. View Earnings Estimates for Eaton Corporation, PLC.

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 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 brokerages have issued 12 month target prices for Eaton Corporation, PLC's stock. Their forecasts range from $70.00 to $90.00. On average, they expect Eaton Corporation, PLC's share 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?

Who owns Eaton Corporation, PLC stock?

Eaton Corporation, PLC's stock is owned by a variety of of institutional and retail 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 purchased 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?

One share of Eaton Corporation, PLC stock can currently be purchased for approximately $78.48.


MarketBeat Community Rating for Eaton Corporation, PLC (NYSE ETN)
Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  514 (Vote Outperform)
Underperform Votes:  463 (Vote Underperform)
Total Votes:  977
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.

Analyst Ratings

Consensus Ratings for Eaton Corporation, PLC (NYSE:ETN) (How are Consensus Ratings Calculated?)
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)
Price Target History for Eaton Corporation, PLC (NYSE:ETN)
Analysts' Ratings History for Eaton Corporation, PLC (NYSE:ETN)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
10/17/2017Buckingham ResearchInitiated CoverageNeutral$82.00N/AView Rating Details
10/17/2017Bank of America CorporationDowngradeBuy -> UnderperformN/AView Rating Details
10/13/2017Citigroup Inc.Boost Price TargetBuy$88.00 -> $90.00N/AView Rating Details
10/12/2017Stifel NicolausReiterated RatingHold$82.00N/AView Rating Details
10/2/2017Morgan StanleyReiterated RatingOverweight$87.00 -> $88.00LowView Rating Details
8/24/2017Jefferies Group LLCReiterated RatingHold$75.00LowView Rating Details
8/17/2017J P Morgan Chase & CoDowngradeNeutral -> Underweight$73.00 -> $70.00HighView Rating Details
7/12/2017Royal Bank Of CanadaReiterated RatingHold$78.00LowView Rating Details
7/11/2017Wolfe ResearchInitiated CoverageMarket PerformLowView Rating Details
6/19/2017JMP SecuritiesInitiated CoverageMkt Perform -> Market PerformMediumView Rating Details
5/30/2017ArgusReiterated RatingBuy$83.00 -> $85.00LowView Rating Details
5/2/2017Barclays PLCSet Price TargetHold$81.00LowView Rating Details
4/4/2017Longbow ResearchUpgradeNeutral -> Buy$88.00MediumView Rating Details
3/28/2017Credit Suisse GroupReiterated RatingBuyLowView Rating Details
2/3/2017CLSAReiterated RatingUnderperformN/AView Rating Details
2/1/2017Avondale PartnersInitiated CoverageMarket Perform$72.00N/AView Rating Details
1/3/2017Vertical ResearchDowngradeBuy -> HoldN/AView Rating Details
12/15/2016Sanford C. BernsteinReiterated RatingMarket PerformN/AView Rating Details
12/6/2016AegisInitiated CoverageBuy$80.00N/AView Rating Details
10/7/2016HSBC Holdings plcInitiated CoverageBuy$74.00N/AView Rating Details
8/25/2016Deutsche Bank AGReiterated RatingHold$65.00N/AView Rating Details
2/29/2016Robert W. BairdBoost Price Target$52.00 -> $54.00N/AView Rating Details
2/17/2016Standpoint ResearchDowngradeBuy -> HoldN/AView Rating Details
2/4/2016Societe GeneraleLower Price TargetHold$58.00 -> $54.00N/AView Rating Details
2/4/2016Goldman Sachs Group, Inc. (The)Boost Price TargetNeutral$57.00 -> $58.00N/AView Rating Details
(Data available from 10/24/2015 forward)

Earnings

Earnings History for Eaton Corporation, PLC (NYSE:ETN)
Earnings by Quarter for Eaton Corporation, PLC (NYSE:ETN)
Earnings History by Quarter for Eaton Corporation, PLC (NYSE ETN)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/30/2017$1.27N/AView Earnings Details
8/1/2017Q2 2017$1.16$1.15$5.14 billion$5.13 billionViewN/AView Earnings Details
5/2/2017Q1 2017$0.87$0.96$4.70 billion$4.85 billionViewN/AView Earnings Details
2/2/2017Q416$1.10$1.12$4.91 billion$4.90 billionViewListenView Earnings Details
11/1/2016Q316$1.14$1.15$5.05 billion$5.00 billionViewListenView Earnings Details
8/2/2016Q216$1.07$1.07$5.06 billion$5.10 billionViewListenView Earnings Details
4/29/2016Q116$0.85$0.88$4.77 billion$4.81 billionViewN/AView Earnings Details
2/3/2016Q415$1.10$1.17$5.10 billion$5.10 billionViewN/AView Earnings Details
10/30/2015Q315$1.00$0.97$5.39 billion$5.20 billionViewN/AView Earnings Details
7/29/2015Q215$1.13$1.16$5.50 billion$5.37 billionViewListenView Earnings Details
4/29/2015Q115$0.98$1.01$5.30 billion$5.20 billionViewN/AView Earnings Details
2/3/2015Q414$1.20$1.27$5.60 billion$5.57 billionViewListenView Earnings Details
10/29/2014Q314$1.23$1.29$5.80 billion$5.73 billionViewN/AView Earnings Details
7/29/2014Q214$1.11$1.11$5.78 billion$5.77 billionViewListenView Earnings Details
4/29/2014Q114$1.00$1.01$5.49 billion$5.49 billionViewListenView Earnings Details
2/4/2014Q413$1.06$1.08$5.55 billion$5.50 billionViewN/AView Earnings Details
10/25/2013Q313$1.12$1.15$5.70 billion$5.61 billionViewN/AView Earnings Details
8/2/2013Q2 2013$1.11$1.09$5.78 billion$5.60 billionViewN/AView Earnings Details
4/29/2013Q1 2013$0.79$0.84$5.42 billion$5.31 billionViewN/AView Earnings Details
2/5/2013Q4 2012$0.93$0.82$4.25 billion$4.33 billionViewN/AView Earnings Details
10/31/2012$1.10$1.07ViewN/AView Earnings Details
7/23/2012$1.09$1.15ViewN/AView Earnings Details
4/23/2012$0.90$0.92ViewN/AView Earnings Details
1/26/2012$1.11$1.08ViewN/AView Earnings Details
10/24/2011$1.08$1.08ViewN/AView Earnings Details
7/25/2011$0.95$0.97ViewN/AView Earnings Details
4/20/2011$0.80$0.84ViewN/AView Earnings Details
1/27/2011$1.67$1.69ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Eaton Corporation, PLC (NYSE:ETN)
2017 EPS Consensus Estimate: $4.46
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20175$0.85$0.88$0.86
Q2 20175$1.13$1.15$1.14
Q3 20175$1.23$1.27$1.25
Q4 20175$1.13$1.25$1.20
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Eaton Corporation, PLC (NYSE:ETN)
Most Recent Dividend:8/18/2017
Annual Dividend:$2.40
Dividend Yield:3.06%
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 Payments by Quarter for Eaton Corporation, PLC (NYSE:ETN)

Dividend History by Quarter for Eaton Corporation, PLC (NYSE ETN)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/25/2017quarterly$0.601.92%8/2/20178/4/20178/18/2017
4/25/2017quarterly$0.601.98%5/3/20175/5/20175/19/2017
2/22/2017quarterly$0.602.11%3/2/20173/6/20173/17/2017
10/25/2016quarterly$0.572.37%11/3/201611/7/201611/18/2016
7/26/2016quarterly$0.572.36%8/3/20168/5/20168/19/2016
4/26/2016quarterly$0.575/4/20165/6/20165/20/2016
2/24/2016quarterly$0.573/3/20163/7/20163/18/2016
10/27/2015quarterly$0.5511/5/201511/9/201511/20/2015
7/21/2015quarterly$0.557/30/20158/3/20158/21/2015
4/21/2015quarterly$0.552.19%4/30/20155/4/20155/22/2015
2/25/2015quarterly$0.552.14%3/5/20153/9/20153/20/2015
10/21/2014quarterly$0.492.49%11/12/201411/14/201411/28/2014
7/22/2014quarterly$0.491.95%7/31/20148/4/20148/22/2014
4/22/2014quarterly$0.492.04%5/1/20145/5/20145/23/2014
2/26/2014quarterly$0.492.01%3/6/20143/10/20143/21/2014
10/22/2013quarterly$0.422.24%10/31/201311/4/201311/22/2013
7/24/2013quarterly$0.422.23%8/1/20138/5/20138/23/2013
4/24/2013quarterly$0.422.59%5/2/20135/6/20135/24/2013
2/27/2013quarterly$0.423/11/20133/22/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Eaton Corporation, PLC (NYSE:ETN)
Insider Ownership Percentage: 0.80%
Institutional Ownership Percentage: 75.84%
Insider Trades by Quarter for Eaton Corporation, PLC (NYSE:ETN)
Institutional Ownership by Quarter for Eaton Corporation, PLC (NYSE:ETN)
Insider Trades by Quarter for Eaton Corporation, PLC (NYSE:ETN)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/11/2017Deborah L MccoyDirectorSell6,450$73.17$471,946.50View SEC Filing  
5/5/2017Richard H FearonInsiderSell25,000$76.24$1,906,000.00View SEC Filing  
5/4/2017Uday YadavInsiderSell3,034$76.08$230,826.72View SEC Filing  
3/14/2017Thomas E MoranSVPSell3,470$72.13$250,291.10View SEC Filing  
3/2/2017Deborah L MccoyDirectorSell5,000$72.19$360,950.00View SEC Filing  
12/9/2016Ken D SemelsbergerInsiderSell19,913$69.15$1,376,983.95View SEC Filing  
11/23/2016Deborah L MccoyDirectorSell6,504$66.34$431,475.36View SEC Filing  
11/18/2016Revathi AdvaithiInsiderSell39,008$64.16$2,502,753.28View SEC Filing  
11/17/2016Christopher M ConnorDirectorSell6,504$65.59$426,597.36View SEC Filing  
11/10/2016Charles E GoldenDirectorSell14,626$67.96$993,982.96View SEC Filing  
11/10/2016Richard H FearonInsiderSell20,000$68.11$1,362,200.00View SEC Filing  
11/9/2016Michael J CritelliDirectorSell13,000$64.26$835,380.00View SEC Filing  
8/30/2016Uday YadavInsiderSell15,713$67.05$1,053,556.65View SEC Filing  
8/26/2016Christopher M ConnorDirectorBuy1,000$67.23$67,230.00View SEC Filing  
8/19/2016Dorothy C ThompsonDirectorBuy550$67.32$37,026.00View SEC Filing  
8/5/2016Richard H FearonInsiderSell65,195$65.29$4,256,581.55View SEC Filing  
8/4/2016Mark M McguireInsiderSell18,751$64.55$1,210,377.05View SEC Filing  
6/7/2016Mark M McguireInsiderSell18,751$63.04$1,182,063.04View SEC Filing  
5/11/2016Alexander M CutlerInsiderSell138,762$62.33$8,649,035.46View SEC Filing  
2/22/2016Cynthia K BrabanderInsiderBuy810$57.50$46,575.00View SEC Filing  
12/14/2015Gregory R PageDirectorBuy1,000$50.39$50,390.00View SEC Filing  
9/1/2015Gregory R PageDirectorBuy3,000$55.24$165,720.00View SEC Filing  
8/13/2015Christopher M ConnorDirectorSell20,000$60.10$1,202,000.00View SEC Filing  
5/8/2015Mark M McguireInsiderSell20,000$71.93$1,438,600.00View SEC Filing  
3/2/2015Thomas GrossInsiderSell29,231$71.08$2,077,739.48View SEC Filing  
2/9/2015Richard H FearonInsiderSell91,513$70.33$6,436,109.29View SEC Filing  
2/5/2015Alexander M CutlerInsiderSell330,000$69.23$22,845,900.00View SEC Filing  
12/15/2014Deborah L MccoyDirectorSell7,408$65.06$481,964.48View SEC Filing  
9/11/2014Gerald B SmithDirectorSell5,000$67.79$338,950.00View SEC Filing  
9/5/2014Michael J CritelliDirectorSell20,250$69.00$1,397,250.00View SEC Filing  
5/28/2014Thomas GrossInsiderSell110,726$74.32$8,229,156.32View SEC Filing  
3/7/2014Alexander CutlerInsiderSell29,280$75.55$2,212,104.00View SEC Filing  
3/6/2014Michael CritelliDirectorSell15,000$75.26$1,128,900.00View SEC Filing  
3/4/2014Thomas GrossInsiderSell21,667$74.43$1,612,674.81View SEC Filing  
11/26/2012Deborah L MccoyDirectorSell12,912$51.48$664,709.76View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Eaton Corporation, PLC (NYSE:ETN)
Latest Headlines for Eaton Corporation, PLC (NYSE:ETN)
Source:
Loading headlines, please wait.

Social

Chart

Eaton Corporation, PLC (ETN) Chart for Tuesday, October, 24, 2017

This page was last updated on 10/24/2017 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.