Eaton Corporation, PLC (NYSE:ETN) Receives Consensus Recommendation of “Moderate Buy” from Brokerages
by Doug Wharley · The Cerbat GemShares of Eaton Corporation, PLC (NYSE:ETN – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the twenty-five analysts that are covering the firm, Marketbeat reports. Seven analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $393.0455.
A number of research analysts have issued reports on ETN shares. Wall Street Zen lowered shares of Eaton from a “buy” rating to a “hold” rating in a research report on Saturday, September 13th. Melius Research raised Eaton from a “hold” rating to a “buy” rating and increased their price target for the stock from $412.00 to $495.00 in a research report on Monday, September 15th. Daiwa Capital Markets initiated coverage on Eaton in a research note on Thursday, September 11th. They set an “outperform” rating and a $390.00 price objective on the stock. Mizuho upped their target price on Eaton from $385.00 to $425.00 and gave the company an “outperform” rating in a research report on Friday, October 17th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Eaton in a report on Wednesday, October 8th.
View Our Latest Analysis on Eaton
Insider Buying and Selling
In other Eaton news, Director Gerald Johnson bought 200 shares of the business’s stock in a transaction on Tuesday, November 18th. The stock was purchased at an average cost of $339.89 per share, for a total transaction of $67,978.00. Following the completion of the purchase, the director directly owned 400 shares of the company’s stock, valued at approximately $135,956. This trade represents a 100.00% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. Insiders have purchased 500 shares of company stock worth $174,389 in the last three months. 0.30% of the stock is owned by insiders.
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the business. WFA of San Diego LLC bought a new stake in shares of Eaton in the second quarter worth $36,000. Imprint Wealth LLC acquired a new position in shares of Eaton in the third quarter worth approximately $39,000. Redmont Wealth Advisors LLC bought a new stake in Eaton in the third quarter valued at approximately $40,000. Saudi Central Bank acquired a new stake in Eaton during the 1st quarter valued at approximately $42,000. Finally, SOA Wealth Advisors LLC. raised its holdings in Eaton by 36.0% during the 2nd quarter. SOA Wealth Advisors LLC. now owns 136 shares of the industrial products company’s stock worth $49,000 after purchasing an additional 36 shares during the last quarter. Institutional investors and hedge funds own 82.97% of the company’s stock.
Eaton Price Performance
Shares of NYSE ETN opened at $327.16 on Monday. The firm has a market cap of $127.07 billion, a P/E ratio of 32.72, a price-to-earnings-growth ratio of 2.09 and a beta of 1.20. The business’s 50 day moving average is $345.12 and its 200-day moving average is $357.30. The company has a current ratio of 1.28, a quick ratio of 0.79 and a debt-to-equity ratio of 0.46. Eaton has a 1-year low of $231.85 and a 1-year high of $399.56.
Eaton (NYSE:ETN – Get Free Report) last issued its quarterly earnings data on Tuesday, November 4th. The industrial products company reported $3.07 EPS for the quarter, beating analysts’ consensus estimates of $3.06 by $0.01. The firm 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. Equities research analysts predict that Eaton will post 12.02 earnings per share for the current year.
Eaton Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, November 21st. Stockholders of record on Thursday, November 6th were issued a dividend of $1.04 per share. This represents a $4.16 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Thursday, November 6th. Eaton’s dividend payout ratio is 41.60%.
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.
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