Zacks Research Issues Negative Forecast for Eaton Earnings

Eaton Co. plc (NYSE:ETN) – Zacks Research lowered their Q4 2025 earnings per share estimates for Eaton in a research report issued on Tuesday, June 10th. Zacks Research analyst J. Saha now forecasts that the industrial products company will post earnings per share of $3.22 for the quarter, down from their prior estimate of $3.25. The consensus estimate for Eaton’s current full-year earnings is $12.02 per share. Zacks Research also issued estimates for Eaton’s Q3 2026 earnings at $3.61 EPS, Q4 2026 earnings at $3.52 EPS, FY2026 earnings at $13.53 EPS, Q1 2027 earnings at $3.41 EPS and FY2027 earnings at $14.83 EPS.

A number of other research analysts have also weighed in on the company. Wells Fargo & Company restated an “overweight” rating and issued a $355.00 target price on shares of Eaton in a report on Monday, May 5th. Evercore ISI raised their target price on Eaton from $326.00 to $349.00 and gave the company an “in-line” rating in a report on Monday, May 19th. KeyCorp raised their target price on Eaton from $325.00 to $355.00 and gave the company an “overweight” rating in a report on Monday, May 5th. Jefferies Financial Group dropped 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, Citigroup lifted their price target on Eaton from $323.00 to $351.00 and gave the stock a “buy” rating in a report on Monday, May 5th. Five analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $368.78.

Eaton Stock Down 2.1%

ETN stock opened at $323.26 on Friday. Eaton has a twelve month low of $231.85 and a twelve month high of $379.99. The company has a quick ratio of 0.96, a current ratio of 1.50 and a debt-to-equity ratio of 0.46. The stock’s 50 day moving average is $304.79 and its 200-day moving average is $314.63. The firm has a market capitalization of $126.49 billion, a PE ratio of 34.03, a P/E/G ratio of 2.64 and a beta of 1.16.

Eaton (NYSE:ETN) last announced its quarterly earnings data on Friday, May 2nd. The industrial products company reported $2.72 EPS for the quarter, beating analysts’ consensus estimates of $2.70 by $0.02. Eaton had a return on equity of 22.62% and a net margin of 15.25%. The firm had revenue of $6.38 billion during the quarter, compared to analysts’ expectations of $6.26 billion. During the same quarter last year, the firm posted $2.40 earnings per share. The company’s revenue for the quarter was up 7.3% compared to the same quarter last year.

Eaton Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 23rd. Shareholders of record on Monday, May 5th were paid a $1.04 dividend. The ex-dividend date of this dividend was Monday, May 5th. This represents a $4.16 annualized dividend and a dividend yield of 1.29%. Eaton’s payout ratio is presently 41.98%.

Insider Buying and Selling at Eaton

In related news, insider Craig Arnold sold 103,486 shares of the business’s stock in a transaction on Monday, May 12th. The stock was sold at an average price of $322.75, for a total transaction of $33,400,106.50. Following the sale, the insider now directly owns 490,208 shares in the company, valued at approximately $158,214,632. The trade was a 17.43% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Michael Yelton sold 2,120 shares of the business’s stock in a transaction on Tuesday, May 6th. The shares were sold at an average price of $296.87, for a total value of $629,364.40. Following the sale, the insider now owns 3,382 shares in the company, valued at approximately $1,004,014.34. The trade was a 38.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 156,660 shares of company stock worth $49,622,894 over the last ninety days. 0.30% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Eaton

A number of institutional investors have recently added to or reduced their stakes in the business. Norden Group LLC increased its stake in Eaton by 3.4% in the 4th quarter. Norden Group LLC now owns 978 shares of the industrial products company’s stock worth $325,000 after acquiring an additional 32 shares during the last quarter. Commonwealth Financial Services LLC boosted its holdings in shares of Eaton by 2.9% in the 1st quarter. Commonwealth Financial Services LLC now owns 1,175 shares of the industrial products company’s stock worth $319,000 after purchasing an additional 33 shares in the last quarter. E Fund Management Co. Ltd. raised its holdings in shares of Eaton by 3.1% during the 1st quarter. E Fund Management Co. Ltd. now owns 1,091 shares of the industrial products company’s stock valued at $297,000 after buying an additional 33 shares in the last quarter. TFC Financial Management Inc. raised its holdings in shares of Eaton by 4.7% during the 4th quarter. TFC Financial Management Inc. now owns 752 shares of the industrial products company’s stock valued at $250,000 after buying an additional 34 shares in the last quarter. Finally, Nwam LLC raised its holdings in shares of Eaton by 0.6% during the 4th quarter. Nwam LLC now owns 5,314 shares of the industrial products company’s stock valued at $1,764,000 after buying an additional 34 shares in the last quarter. 82.97% of the stock is currently owned by institutional investors.

Eaton Company Profile

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.