Research Analysts’ Recent Ratings Changes for Eaton (ETN)

A number of firms have modified their ratings and price targets on shares of Eaton (NYSE: ETN) recently:

• 5/5/2025 – Eaton had its price target raised by analysts at KeyCorp from $325.00 to $355.00. They now have an “overweight” rating on the stock.
• 5/5/2025 – Eaton had its price target raised by analysts at Royal Bank of Canada from $336.00 to $356.00. They now have an “outperform” rating on the stock.
• 5/5/2025 – Eaton had its price target raised by analysts at Wells Fargo & Company from $270.00 to $310.00. They now have an “equal weight” rating on the stock.
• 5/5/2025 – Eaton had its price target raised by analysts at Citigroup Inc. from $323.00 to $351.00. They now have a “buy” rating on the stock.
• 4/30/2025 – Eaton was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 4/22/2025 – Eaton was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 4/14/2025 – Eaton was upgraded by analysts at StockNews.com from a “hold” rating to a “buy” rating.
• 4/14/2025 – Eaton had its price target lowered by analysts at Citigroup Inc. from $396.00 to $323.00. They now have a “buy” rating on the stock.
• 4/8/2025 – Eaton had its price target lowered by analysts at JPMorgan Chase & Co. from $350.00 to $289.00. They now have an “overweight” rating on the stock.
• 4/8/2025 – Eaton had its price target lowered by analysts at KeyCorp from $340.00 to $325.00. They now have an “overweight” rating on the stock.
• 4/4/2025 – Eaton had its price target lowered by analysts at Barclays PLC from $315.00 to $306.00. They now have an “equal weight” rating on the stock.
• 3/26/2025 – Eaton had its price target lowered by analysts at Barclays PLC from $325.00 to $315.00. They now have an “equal weight” rating on the stock.
• 3/21/2025 – Eaton was downgraded by analysts at StockNews.com from a “buy” rating to a “hold” rating.
• 3/12/2025 – Eaton was upgraded by analysts at KeyCorp from a “sector weight” rating to an “overweight” rating. They now have a $340.00 price target on the stock.
• 3/12/2025 – Eaton had its price target lowered by analysts at Jefferies Financial Group Inc. from $390.00 to $335.00. They now have a “buy” rating on the stock.

Eaton Stock Down 0.2 %

ETN opened at $299.07 on Tuesday. The company has a market cap of $117.17 billion, a PE ratio of 31.48, a P/E/G ratio of 2.64 and a beta of 1.14. The business has a 50 day moving average price of $281.24 and a two-hundred day moving average price of $321.09. The company has a quick ratio of 0.96, a current ratio of 1.50 and a debt-to-equity ratio of 0.46. Eaton Co. plc has a 52 week low of $231.85 and a 52 week high of $379.99.

Eaton (NYSE:ETN) last released its quarterly earnings results on Friday, May 2nd. The industrial products company reported $2.72 earnings per share for the quarter, topping the consensus estimate of $2.70 by $0.02. The company had revenue of $6.38 billion during the quarter, compared to the consensus estimate of $6.26 billion. Eaton had a return on equity of 22.62% and a net margin of 15.25%. Eaton’s revenue was up 7.3% compared to the same quarter last year. During the same quarter last year, the business posted $2.40 earnings per share. As a group, research analysts anticipate that Eaton Co. plc will post 12.02 EPS for the current year.

Eaton Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 23rd. Shareholders of record on Monday, May 5th will be paid a dividend of $1.04 per share. The ex-dividend date is Monday, May 5th. This represents a $4.16 dividend on an annualized basis and a yield of 1.39%. Eaton’s dividend payout ratio (DPR) is presently 41.98%.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of ETN. Capital A Wealth Management LLC bought a new position in Eaton in the 4th quarter valued at about $26,000. Flagship Wealth Advisors LLC bought a new position in shares of Eaton in the fourth quarter valued at approximately $27,000. Creative Financial Designs Inc. ADV increased its stake in shares of Eaton by 102.0% during the first quarter. Creative Financial Designs Inc. ADV now owns 101 shares of the industrial products company’s stock valued at $27,000 after acquiring an additional 51 shares during the period. Noble Wealth Management PBC bought a new stake in Eaton during the fourth quarter worth approximately $30,000. Finally, Horizon Bancorp Inc. IN lifted its position in Eaton by 321.7% in the fourth quarter. Horizon Bancorp Inc. IN now owns 97 shares of the industrial products company’s stock worth $32,000 after purchasing an additional 74 shares during the period. 82.97% of the stock is currently owned by institutional investors.

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.