Equities Analysts Set Expectations for Eaton Q1 Earnings

Eaton Corporation, PLC (NYSE:ETN) – Research analysts at Zacks Research lowered their Q1 2027 earnings estimates for Eaton in a report released on Monday, February 16th. Zacks Research analyst Team now forecasts that the industrial products company will earn $3.41 per share for the quarter, down from their prior estimate of $3.47. The consensus estimate for Eaton’s current full-year earnings is $12.02 per share. Zacks Research also issued estimates for Eaton’s Q2 2027 earnings at $3.85 EPS, Q3 2027 earnings at $4.01 EPS and FY2027 earnings at $15.32 EPS.

Eaton (NYSE:ETN) last released its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $3.33 earnings per share for the quarter, meeting analysts’ consensus estimates of $3.33. Eaton had a net margin of 14.89% and a return on equity of 25.00%. The company had revenue of $7.06 billion during the quarter, compared to analysts’ expectations of $7.15 billion. During the same quarter in the previous year, the company earned $2.83 earnings per share. The firm’s revenue for the quarter was up 13.1% on a year-over-year basis. Eaton has set its Q1 2026 guidance at 2.650-2.850 EPS and its FY 2026 guidance at 13.000-13.500 EPS.

A number of other equities research analysts have also recently issued reports on the stock. Wells Fargo & Company lifted their price target on shares of Eaton from $340.00 to $370.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 4th. Barclays decreased their price objective on shares of Eaton from $362.00 to $350.00 and set an “equal weight” rating on the stock in a report on Wednesday, January 7th. UBS Group reissued a “neutral” rating and set a $360.00 target price (down previously from $440.00) on shares of Eaton in a research note on Sunday, January 4th. Sanford C. Bernstein restated an “outperform” rating on shares of Eaton in a research report on Tuesday, January 27th. Finally, JPMorgan Chase & Co. lowered their price objective on Eaton from $440.00 to $406.00 and set an “overweight” rating on the stock in a report on Friday, January 16th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $389.89.

Eaton Stock Down 1.1%

Shares of ETN opened at $373.05 on Thursday. The firm has a market cap of $144.89 billion, a P/E ratio of 35.66, a PEG ratio of 2.60 and a beta of 1.20. Eaton has a 12 month low of $231.85 and a 12 month high of $408.45. The stock’s 50 day moving average is $343.86 and its two-hundred day moving average is $354.50. The company has a current ratio of 1.32, a quick ratio of 0.81 and a debt-to-equity ratio of 0.45.

Hedge Funds Weigh In On Eaton

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ETN. Hilton Head Capital Partners LLC acquired a new stake in shares of Eaton in the 4th quarter worth $26,000. Sfam LLC purchased a new stake in shares of Eaton in the fourth quarter valued at about $27,000. Eagle Bay Advisors LLC acquired a new stake in Eaton during the fourth quarter worth about $29,000. WFA of San Diego LLC acquired a new stake in Eaton during the second quarter worth about $36,000. Finally, Imprint Wealth LLC purchased a new position in Eaton during the third quarter worth about $39,000. Institutional investors and hedge funds own 82.97% of the company’s stock.

Insiders Place Their Bets

In other news, insider Sternadt Paulo Ruiz sold 10,707 shares of the business’s 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 transaction, the insider directly owned 27,729 shares in the company, valued at $10,821,519.54. The trade was a 27.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.30% of the stock is owned by company insiders.

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.