Eaton (NYSE:ETN) Issues Q3 2026 Earnings Guidance

Eaton (NYSE:ETN) updated its third quarter 2026 earnings guidance on Friday. The company provided earnings per share (EPS) guidance of 3.460-3.560 for the period, compared to the consensus estimate of 3.510. The company issued revenue guidance of -. Eaton also updated its FY 2026 guidance to 13.400-13.600 EPS.

Wall Street Analysts Forecast Growth

ETN has been the topic of a number of analyst reports. Wells Fargo & Company boosted their price objective on shares of Eaton from $350.00 to $425.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. KeyCorp lifted their price objective on Eaton from $420.00 to $480.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. Citigroup boosted their price target on shares of Eaton from $464.00 to $471.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Weiss Ratings downgraded Eaton from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, May 18th. Finally, Erste Group Bank started coverage on shares of Eaton in a research note on Tuesday, May 5th. They set a “buy” rating for the company. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $423.00.

Eaton Stock Performance

Shares of NYSE ETN traded up $28.35 during trading on Friday, reaching $415.24. 4,548,083 shares of the company traded hands, compared to its average volume of 2,702,160. The firm has a 50 day simple moving average of $404.41 and a 200-day simple moving average of $384.92. Eaton has a 52-week low of $311.92 and a 52-week high of $436.74. The stock has a market capitalization of $161.24 billion, a PE ratio of 40.59, a P/E/G ratio of 2.32 and a beta of 1.18. The company has a quick ratio of 0.75, a current ratio of 1.19 and a debt-to-equity ratio of 0.94.

Eaton (NYSE:ETN) last released its quarterly earnings data on Friday, July 31st. The industrial products company reported $3.15 earnings per share for the quarter, beating the consensus estimate of $3.08 by $0.07. Eaton had a net margin of 13.99% and a return on equity of 24.72%. The firm had revenue of $8.53 billion during the quarter, compared to analysts’ expectations of $8.16 billion. During the same period in the previous year, the company earned $2.95 earnings per share. The firm’s quarterly revenue was up 21.4% on a year-over-year basis. Eaton has set its Q3 2026 guidance at 3.460-3.560 EPS and its FY 2026 guidance at 13.400-13.600 EPS. Equities research analysts anticipate that Eaton will post 13.35 earnings per share for the current year.

Eaton Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 7th will be issued a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend is Friday, August 7th. Eaton’s dividend payout ratio is presently 43.01%.

Insider Buying and Selling

In related news, insider Peter Denk sold 2,000 shares of Eaton stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $417.94, for a total value of $835,880.00. Following the completion of the sale, the insider owned 7,102 shares of the company’s stock, valued at $2,968,209.88. The trade was a 21.97% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Antonio Galvao sold 494 shares of the stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $405.86, for a total value of $200,494.84. Following the completion of the transaction, the insider directly owned 9,175 shares in the company, valued at approximately $3,723,765.50. This represents a 5.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 21,028 shares of company stock valued at $8,614,793 over the last ninety days. 0.10% of the stock is owned by insiders.

Eaton News Roundup

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Quarterly results exceeded expectations. Eaton reported adjusted EPS of $3.15, up from $2.95 a year earlier and above the $3.08 consensus. Sales rose 21.4% year over year to approximately $8.5 billion, exceeding estimates near $8.16 billion. GAAP EPS was $2.11 after amortization, acquisition-related and restructuring charges. Eaton Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Electrical demand and data-center growth remain powerful catalysts. Management cited strong Electrical Americas performance, accelerating orders and backlog, data-center demand, acquisitions and solid Aerospace results. The company also raised its organic-growth outlook, signaling continued momentum in its core businesses. Eaton’s Q2 Earnings Beat on Strong Electrical Sales, Outlook Raised
• Positive Sentiment: Full-year guidance was raised above consensus. Eaton forecast FY 2026 adjusted EPS of $13.40-$13.60, compared with consensus of $13.34. Analysts at Zacks Research subsequently increased several 2027 and 2028 EPS estimates, reflecting confidence in longer-term earnings growth. Eaton Reports Record Second Quarter 2026 Results
• Neutral Sentiment: Near-term expectations are largely priced in. Third-quarter EPS guidance of $3.46-$3.56 centers on $3.51, approximately in line with consensus. Eaton’s valuation is also elevated, with a reported price-to-earnings ratio above 40, while unusually high put-option activity highlights some investor caution. Eaton Q2 2026 Earnings Call Transcript

Institutional Trading of Eaton

Several large investors have recently added to or reduced their stakes in the business. Brighton Jones LLC grew its position in shares of Eaton by 1.4% during the 4th quarter. Brighton Jones LLC now owns 3,341 shares of the industrial products company’s stock valued at $1,109,000 after acquiring an additional 45 shares during the period. Revolve Wealth Partners LLC raised its holdings in Eaton by 17.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 913 shares of the industrial products company’s stock worth $303,000 after purchasing an additional 136 shares during the period. Empowered Funds LLC lifted its position in Eaton by 5.6% during the first quarter. Empowered Funds LLC now owns 9,402 shares of the industrial products company’s stock valued at $2,556,000 after purchasing an additional 496 shares in the last quarter. Vista Capital Partners Inc. bought a new stake in Eaton during the second quarter valued at about $259,000. Finally, Tandem Wealth Advisors LLC increased its position in Eaton by 70.1% in the second quarter. Tandem Wealth Advisors LLC now owns 2,216 shares of the industrial products company’s stock worth $791,000 after buying an additional 913 shares in the last quarter. 82.97% of the stock is currently owned by institutional investors.

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.