Eaton (ETN) Projected to Post Earnings on Friday

Eaton (NYSE:ETN) is expected to be posting its Q1 2025 quarterly earnings results before the market opens on Friday, May 2nd. Analysts expect Eaton to post earnings of $2.70 per share and revenue of $6.26 billion for the quarter. Eaton has set its Q1 2025 guidance at 2.650-2.750 EPS and its FY 2025 guidance at 11.800-12.200 EPS.

Eaton (NYSE:ETN) last released its quarterly earnings results on Friday, January 31st. The industrial products company reported $2.83 earnings per share for the quarter, beating analysts’ consensus estimates of $2.82 by $0.01. Eaton had a net margin of 15.25% and a return on equity of 22.62%. During the same period in the prior year, the business earned $2.55 earnings per share. On average, analysts expect Eaton to post $12 EPS for the current fiscal year and $14 EPS for the next fiscal year.

Eaton Trading Up 1.3 %

Shares of NYSE:ETN opened at $294.59 on Thursday. The company has a market capitalization of $115.41 billion, a P/E ratio of 31.01, a P/E/G ratio of 2.64 and a beta of 1.09. The business’s 50 day simple moving average is $280.71 and its 200 day simple moving average is $322.32. Eaton has a 1 year low of $231.85 and a 1 year high of $379.99. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.50 and a quick ratio of 0.96.

Eaton Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, May 23rd. Stockholders of record on Monday, May 5th will be issued a dividend of $1.04 per share. This represents a $4.16 dividend on an annualized basis and a dividend yield of 1.41%. The ex-dividend date is Monday, May 5th. Eaton’s dividend payout ratio (DPR) is presently 43.79%.

Institutional Trading of Eaton

An institutional investor recently raised its position in Eaton stock. Revolve Wealth Partners LLC lifted its holdings in shares of Eaton Co. plc (NYSE:ETN) by 17.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 913 shares of the industrial products company’s stock after acquiring an additional 136 shares during the period. Revolve Wealth Partners LLC’s holdings in Eaton were worth $303,000 at the end of the most recent reporting period. 82.97% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts have weighed in on the stock. Citigroup cut their target price on shares of Eaton from $396.00 to $323.00 and set a “buy” rating on the stock in a research report on Monday, April 14th. StockNews.com raised Eaton from a “hold” rating to a “buy” rating in a report on Wednesday. Barclays lowered their price objective on Eaton from $315.00 to $306.00 and set an “equal weight” rating for the company in a research report on Friday, April 4th. Jefferies Financial Group reduced their target price on Eaton from $390.00 to $335.00 and set a “buy” rating on the stock in a report on Wednesday, March 12th. Finally, Wells Fargo & Company dropped their price target on shares of Eaton from $335.00 to $305.00 and set an “equal weight” rating on the stock in a research report on Wednesday, March 5th. Seven investment analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to data from MarketBeat.com, Eaton has a consensus rating of “Moderate Buy” and a consensus price target of $350.22.

About Eaton

Eaton Corporation plc operates as a power management company worldwide. The company’s Electrical Americas and Electrical Global segment provides electrical components, industrial components, power distribution and assemblies, residential products, single and three phase power quality and connectivity products, wiring devices, circuit protection products, utility power distribution products, power reliability equipment, and services, as well as hazardous duty electrical equipment, emergency lighting, fire detection, explosion-proof instrumentation, and structural support systems.