Eaton Corporation, PLC (NYSE:ETN) Receives $389.89 Consensus PT from Brokerages

Eaton Corporation, PLC (NYSE:ETN) has been given a consensus rating of “Moderate Buy” by the twenty ratings firms that are currently covering the firm, Marketbeat reports. Five research analysts have rated the stock with a hold recommendation, thirteen have issued a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year price objective among brokers that have issued ratings on the stock in the last year is $389.8947.

Several brokerages recently issued reports on ETN. Citigroup reduced their price objective on Eaton from $442.00 to $435.00 and set a “buy” rating on the stock in a research note on Monday, January 12th. Barclays dropped their target price 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. Morgan Stanley reaffirmed an “overweight” rating and issued a $425.00 price target on shares of Eaton in a report on Wednesday, February 4th. HSBC raised shares of Eaton from a “hold” rating to a “buy” rating and set a $400.00 price objective for the company in a research report on Friday, January 16th. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of Eaton in a research note on Tuesday, January 27th.

Eaton Stock Down 3.2%

Shares of NYSE:ETN opened at $361.34 on Tuesday. The company has a market capitalization of $140.35 billion, a price-to-earnings ratio of 34.55, a price-to-earnings-growth ratio of 2.58 and a beta of 1.19. The company has a 50 day moving average of $344.42 and a two-hundred day moving average of $354.46. The company has a quick ratio of 0.81, a current ratio of 1.32 and a debt-to-equity ratio of 0.45. Eaton has a 52-week low of $231.85 and a 52-week high of $408.45.

Eaton (NYSE:ETN) last released its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $3.33 earnings per share for the quarter, hitting analysts’ consensus estimates of $3.33. The business had revenue of $7.06 billion during the quarter, compared to the consensus estimate of $7.15 billion. Eaton had a net margin of 14.89% and a return on equity of 25.00%. The business’s quarterly revenue was up 13.1% compared to the same quarter last year. During the same quarter last year, the company earned $2.83 earnings per share. Eaton has set its Q1 2026 guidance at 2.650-2.850 EPS and its FY 2026 guidance at 13.000-13.500 EPS. As a group, analysts forecast that Eaton will post 12.02 earnings per share for the current fiscal year.

Insider Buying and Selling at Eaton

In related news, insider Sternadt Paulo Ruiz sold 10,707 shares of the firm’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 value of $4,178,513.82. Following the sale, the insider owned 27,729 shares of the company’s stock, valued at approximately $10,821,519.54. This trade represents a 27.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.30% of the company’s stock.

Institutional Investors Weigh In On Eaton

Several large investors have recently added to or reduced their stakes in the stock. PFA Pension Forsikringsaktieselskab bought a new position in shares of Eaton during the fourth quarter worth about $97,989,000. SG Americas Securities LLC lifted its position in Eaton by 438.9% in the 4th quarter. SG Americas Securities LLC now owns 364,877 shares of the industrial products company’s stock valued at $116,217,000 after purchasing an additional 297,166 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its stake in Eaton by 239,384.8% during the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 158,060 shares of the industrial products company’s stock valued at $50,344,000 after purchasing an additional 157,994 shares during the period. Silvercrest Asset Management Group LLC grew its position in Eaton by 23.1% in the 4th quarter. Silvercrest Asset Management Group LLC now owns 310,859 shares of the industrial products company’s stock worth $99,012,000 after purchasing an additional 58,281 shares during the last quarter. Finally, Mediolanum International Funds Ltd increased its stake in shares of Eaton by 93.4% in the second quarter. Mediolanum International Funds Ltd now owns 106,114 shares of the industrial products company’s stock valued at $37,483,000 after purchasing an additional 51,255 shares during the period. 82.97% of the stock is owned by institutional investors and hedge funds.

Eaton Company Profile

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.