Eaton Corporation, PLC (NYSE:ETN) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of Eaton Corporation, PLC (NYSE:ETNGet Free Report) have been given a consensus rating of “Moderate Buy” by the twenty analysts that are presently covering the firm, Marketbeat Ratings reports. Five investment analysts have rated the stock with a hold rating, thirteen have given a buy rating and two have given a strong buy rating to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $389.8947.

Several analysts recently issued reports on the company. HSBC raised Eaton from a “hold” rating to a “buy” rating and set a $400.00 target price on the stock in a research note on Friday, January 16th. UBS Group reiterated a “neutral” rating and set a $360.00 price objective (down previously from $440.00) on shares of Eaton in a research report on Sunday, January 4th. Morgan Stanley restated an “overweight” rating and set a $425.00 target price on shares of Eaton in a research report on Wednesday, February 4th. JPMorgan Chase & Co. cut their target price on shares of Eaton from $440.00 to $406.00 and set an “overweight” rating for the company in a research note on Friday, January 16th. Finally, Citigroup decreased their price target on shares of Eaton from $442.00 to $435.00 and set a “buy” rating on the stock in a research note on Monday, January 12th.

Get Our Latest Stock Report on ETN

Eaton Stock Down 0.3%

Shares of ETN stock opened at $389.22 on Tuesday. The company has a market capitalization of $151.17 billion, a price-to-earnings ratio of 37.21, a PEG ratio of 2.68 and a beta of 1.19. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.32 and a quick ratio of 0.81. The company’s fifty day moving average price is $340.97 and its 200-day moving average price is $354.17. Eaton has a one year low of $231.85 and a one year high of $408.45.

Eaton (NYSE:ETNGet Free Report) last issued its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $3.33 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $3.33. Eaton had a return on equity of 25.00% and a net margin of 14.89%.The business had revenue of $7.06 billion during the quarter, compared to analyst estimates of $7.15 billion. During the same quarter in the prior year, the business posted $2.83 EPS. Eaton’s revenue for the quarter was up 13.1% compared to the same quarter last year. Eaton has set its Q1 2026 guidance at 2.650-2.850 EPS and its FY 2026 guidance at 13.000-13.500 EPS. Sell-side analysts expect that Eaton will post 12.02 EPS for the current fiscal year.

Insider Activity

In related news, insider Sternadt Paulo Ruiz sold 10,707 shares of the stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $390.26, for a total transaction of $4,178,513.82. Following the completion of the transaction, the insider directly owned 27,729 shares of the company’s stock, valued at approximately $10,821,519.54. This represents a 27.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.30% of the company’s stock.

Institutional Trading of Eaton

Several hedge funds have recently modified their holdings of the company. Hilton Head Capital Partners LLC purchased a new position in shares of Eaton in the fourth quarter valued at $26,000. Sfam LLC bought a new position in Eaton during the fourth quarter valued at $27,000. Eagle Bay Advisors LLC purchased a new position in shares of Eaton in the 4th quarter worth $29,000. WFA of San Diego LLC bought a new stake in shares of Eaton in the 2nd quarter worth about $36,000. Finally, Imprint Wealth LLC purchased a new stake in shares of Eaton during the 3rd quarter valued at about $39,000. 82.97% of the stock is owned by hedge funds and other institutional investors.

About Eaton

(Get Free Report)

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.

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Analyst Recommendations for Eaton (NYSE:ETN)

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