Eaton Corporation, PLC (NYSE:ETN) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Eaton Corporation, PLC (NYSE:ETN) have received an average rating of “Moderate Buy” from the twenty-three research firms that are currently covering the company, Marketbeat.com reports. Seven analysts have rated the stock with a hold recommendation, fourteen have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $384.30.

Several research analysts have recently issued reports on ETN shares. Royal Bank Of Canada set a $399.00 target price on shares of Eaton in a research note on Thursday, January 15th. Morgan Stanley cut their price objective on shares of Eaton from $425.00 to $405.00 and set an “overweight” rating on the stock in a report on Monday, January 12th. Barclays lowered their target price on shares of Eaton from $362.00 to $350.00 and set an “equal weight” rating for the company in a report on Wednesday, January 7th. Wolfe Research raised Eaton from a “peer perform” rating to an “outperform” rating and set a $413.00 price target on the stock in a research note on Tuesday, December 9th. Finally, KeyCorp raised their price target on Eaton from $410.00 to $420.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 14th.

Eaton Stock Down 1.2%

Shares of ETN opened at $333.78 on Friday. The business’s fifty day moving average price is $332.43 and its two-hundred day moving average price is $355.55. The firm has a market capitalization of $129.64 billion, a price-to-earnings ratio of 33.38, a PEG ratio of 2.22 and a beta of 1.20. 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 0.46, a quick ratio of 0.79 and a current ratio of 1.28.

Eaton (NYSE:ETN) last issued its quarterly earnings results on Tuesday, November 4th. The industrial products company reported $3.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.06 by $0.01. The business had revenue of $6.99 billion for the quarter, compared to analyst estimates of $7.09 billion. Eaton had a return on equity of 24.36% and a net margin of 14.74%.Eaton has set its Q4 2025 guidance at 3.230-3.430 EPS and its FY 2025 guidance at 11.970-12.170 EPS. On average, analysts predict that Eaton will post 12.02 earnings per share for the current year.

Insider Activity

In related news, Director Gerald Johnson purchased 200 shares of the stock in a transaction dated Tuesday, November 18th. The stock was bought at an average cost of $339.89 per share, with a total value of $67,978.00. Following the purchase, the director directly owned 400 shares in the company, valued at $135,956. The trade was a 100.00% increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this link. In the last three months, insiders bought 500 shares of company stock worth $174,389. 0.30% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Fayez Sarofim & Co increased its stake in Eaton by 3.4% in the third quarter. Fayez Sarofim & Co now owns 1,256,177 shares of the industrial products company’s stock valued at $474,444,000 after purchasing an additional 40,792 shares in the last quarter. Williams Jones Wealth Management LLC. grew its holdings in shares of Eaton by 3.3% in the 3rd quarter. Williams Jones Wealth Management LLC. now owns 515,587 shares of the industrial products company’s stock valued at $192,958,000 after buying an additional 16,422 shares during the period. Baird Financial Group Inc. increased its position in shares of Eaton by 8.8% in the 2nd quarter. Baird Financial Group Inc. now owns 370,531 shares of the industrial products company’s stock valued at $132,276,000 after buying an additional 29,900 shares in the last quarter. SG Americas Securities LLC lifted its holdings in Eaton by 438.9% during the fourth quarter. SG Americas Securities LLC now owns 364,877 shares of the industrial products company’s stock worth $116,217,000 after acquiring an additional 297,166 shares in the last quarter. Finally, Whittier Trust Co. lifted its holdings in Eaton by 6.2% during the second quarter. Whittier Trust Co. now owns 272,608 shares of the industrial products company’s stock worth $97,315,000 after acquiring an additional 15,971 shares in the last quarter. Institutional investors and hedge funds own 82.97% of the company’s stock.

About Eaton

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.