Eaton (NYSE:ETN) Updates FY 2025 Earnings Guidance

Eaton (NYSE:ETNGet Free Report) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 11.970-12.170 for the period, compared to the consensus earnings per share estimate of 12.090. The company issued revenue guidance of -. Eaton also updated its Q4 2025 guidance to 3.230-3.430 EPS.

Eaton Trading Up 1.5%

Shares of ETN opened at $387.21 on Tuesday. Eaton has a 12-month low of $231.85 and a 12-month high of $399.56. The company has a quick ratio of 0.76, a current ratio of 1.24 and a debt-to-equity ratio of 0.47. The firm has a market capitalization of $150.74 billion, a price-to-earnings ratio of 38.95, a P/E/G ratio of 2.77 and a beta of 1.18. The stock’s 50-day moving average price is $368.29 and its 200 day moving average price is $349.00.

Eaton (NYSE:ETNGet Free Report) last issued its quarterly earnings results on Tuesday, August 5th. The industrial products company reported $2.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.92 by $0.03. Eaton had a return on equity of 23.91% and a net margin of 15.11%.The firm had revenue of $7.03 billion for the quarter, compared to analyst estimates of $6.93 billion. During the same period in the previous year, the company posted $2.73 earnings per share. The company’s quarterly revenue was up 10.7% compared to the same quarter last year. As a group, 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 will be paid on Friday, November 21st. Investors of record on Thursday, November 6th will be paid a dividend of $1.04 per share. This represents a $4.16 annualized dividend and a yield of 1.1%. The ex-dividend date is Thursday, November 6th. Eaton’s payout ratio is currently 41.85%.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on ETN shares. Daiwa Capital Markets started coverage on Eaton in a research note on Thursday, September 11th. They set an “outperform” rating and a $390.00 price target on the stock. Morgan Stanley upped their price objective on Eaton from $375.00 to $425.00 and gave the company an “overweight” rating in a research note on Wednesday, August 6th. KeyCorp upped their price objective on Eaton from $410.00 to $420.00 and gave the company an “overweight” rating in a research note on Tuesday, October 14th. Rothschild & Co Redburn started coverage on Eaton in a research note on Wednesday, August 20th. They issued a “neutral” rating and a $336.00 price objective on the stock. Finally, Wall Street Zen lowered Eaton from a “buy” rating to a “hold” rating in a research note on Saturday, September 13th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $398.45.

Get Our Latest Report on ETN

Insider Activity at Eaton

In other news, insider Olivier Leonetti sold 16,018 shares of the business’s stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $358.39, for a total value of $5,740,691.02. Following the transaction, the insider directly owned 630 shares of the company’s stock, valued at $225,785.70. The trade was a 96.22% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. SkyView Investment Advisors LLC acquired a new position in Eaton during the 2nd quarter worth $300,000. Stonebridge Capital Advisors LLC lifted its holdings in Eaton by 4.1% during the 2nd quarter. Stonebridge Capital Advisors LLC now owns 33,118 shares of the industrial products company’s stock worth $11,823,000 after buying an additional 1,292 shares in the last quarter. WFA of San Diego LLC acquired a new position in Eaton during the 2nd quarter worth $36,000. Tandem Wealth Advisors LLC lifted its holdings in Eaton by 70.1% during the 2nd 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. Finally, Vista Capital Partners Inc. acquired a new position in Eaton during the 2nd quarter worth $259,000. 82.97% of the stock is owned by institutional investors and hedge funds.

About Eaton

(Get Free Report)

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.

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Earnings History and Estimates for Eaton (NYSE:ETN)

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