Q1 2025 EPS Estimates for Eaton Co. plc (NYSE:ETN) Lifted by Zacks Research

Eaton Co. plc (NYSE:ETN - Free Report) - Stock analysts at Zacks Research boosted their Q1 2025 EPS estimates for Eaton in a research report issued on Monday, September 2nd. Zacks Research analyst J. Saha now forecasts that the industrial products company will post earnings per share of $2.71 for the quarter, up from their previous forecast of $2.68. The consensus estimate for Eaton's current full-year earnings is $10.74 per share. Zacks Research also issued estimates for Eaton's Q2 2025 earnings at $3.06 EPS, Q4 2025 earnings at $3.09 EPS, FY2025 earnings at $11.99 EPS, Q1 2026 earnings at $3.17 EPS and FY2026 earnings at $13.58 EPS.

Eaton (NYSE:ETN - Get Free Report) last issued its quarterly earnings results on Thursday, August 1st. The industrial products company reported $2.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.61 by $0.12. The company had revenue of $6.35 billion for the quarter, compared to analysts' expectations of $6.35 billion. Eaton had a return on equity of 21.45% and a net margin of 15.12%.

Other analysts have also issued reports about the stock. Royal Bank of Canada cut their target price on shares of Eaton from $376.00 to $371.00 and set an "outperform" rating for the company in a research note on Friday, August 2nd. Raymond James began coverage on Eaton in a research note on Friday, June 28th. They set an "outperform" rating and a $375.00 price objective for the company. Barclays boosted their target price on Eaton from $318.00 to $319.00 and gave the stock an "equal weight" rating in a research report on Friday, August 2nd. Evercore ISI decreased their price target on Eaton from $357.00 to $333.00 and set an "outperform" rating for the company in a research report on Monday, August 19th. Finally, Jefferies Financial Group boosted their price objective on Eaton from $370.00 to $385.00 and gave the stock a "buy" rating in a report on Thursday, July 11th. One research analyst has rated the stock with a sell rating, three have given a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat, Eaton has a consensus rating of "Moderate Buy" and an average price target of $328.00.

Eaton Price Performance

Eaton stock traded down $0.96 during midday trading on Wednesday, hitting $288.77. The company's stock had a trading volume of 2,092,736 shares, compared to its average volume of 2,173,870. The stock's 50-day moving average price is $304.15 and its 200-day moving average price is $311.21. The company has a market capitalization of $115.45 billion, a PE ratio of 34.04, a price-to-earnings-growth ratio of 2.35 and a beta of 1.02. The company has a quick ratio of 1.07, a current ratio of 1.56 and a debt-to-equity ratio of 0.44. Eaton has a 12 month low of $191.82 and a 12 month high of $345.19.

Hedge Funds Weigh In On Eaton

Several large investors have recently added to or reduced their stakes in ETN. LifeSteps Financial Inc. acquired a new stake in shares of Eaton during the 1st quarter valued at about $25,000. Breakwater Investment Management boosted its holdings in Eaton by 1,560.0% during the second quarter. Breakwater Investment Management now owns 83 shares of the industrial products company's stock valued at $26,000 after purchasing an additional 78 shares in the last quarter. Atwood & Palmer Inc. grew its stake in shares of Eaton by 142.9% in the 1st quarter. Atwood & Palmer Inc. now owns 85 shares of the industrial products company's stock valued at $27,000 after purchasing an additional 50 shares during the period. Clear Investment Research LLC acquired a new position in shares of Eaton in the 4th quarter worth approximately $29,000. Finally, Proffitt & Goodson Inc. bought a new position in shares of Eaton during the 2nd quarter worth approximately $29,000. Institutional investors and hedge funds own 82.97% of the company's stock.

Insider Activity

In related news, insider Michael Yelton sold 3,136 shares of the firm's stock in a transaction on Thursday, August 29th. The shares were sold at an average price of $303.12, for a total value of $950,584.32. Following the transaction, the insider now directly owns 3,914 shares in the company, valued at approximately $1,186,411.68. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In related news, insider Michael Yelton sold 3,136 shares of the stock in a transaction that occurred on Thursday, August 29th. The stock was sold at an average price of $303.12, for a total transaction of $950,584.32. Following the completion of the sale, the insider now owns 3,914 shares in the company, valued at approximately $1,186,411.68. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Karenann K. Terrell purchased 500 shares of the company's stock in a transaction on Wednesday, August 21st. The stock was acquired at an average cost of $298.97 per share, for a total transaction of $149,485.00. Following the completion of the transaction, the director now owns 500 shares in the company, valued at $149,485. The disclosure for this purchase can be found here. Insiders have sold a total of 52,511 shares of company stock valued at $15,809,326 over the last 90 days. 0.53% of the stock is currently owned by company insiders.

Eaton Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 23rd. Shareholders of record on Monday, August 5th were issued a dividend of $0.94 per share. The ex-dividend date of this dividend was Monday, August 5th. This represents a $3.76 annualized dividend and a yield of 1.30%. Eaton's dividend payout ratio (DPR) is presently 44.39%.

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.