KeyCorp Weighs in on Eaton’s Q1 Earnings (NYSE:ETN)

Eaton Co. plc (NYSE:ETN) – KeyCorp issued their Q1 2025 earnings per share estimates for shares of Eaton in a note issued to investors on Tuesday, March 11th. KeyCorp analyst J. Hammond anticipates that the industrial products company will earn $2.70 per share for the quarter. KeyCorp has a “Overweight” rating and a $340.00 price target on the stock. The consensus estimate for Eaton’s current full-year earnings is $12.02 per share. KeyCorp also issued estimates for Eaton’s Q2 2025 earnings at $3.12 EPS, Q3 2025 earnings at $3.06 EPS, Q4 2025 earnings at $3.18 EPS, FY2025 earnings at $12.05 EPS and FY2026 earnings at $13.46 EPS.

A number of other analysts also recently commented on the company. Barclays dropped their price objective on Eaton from $353.00 to $325.00 and set an “equal weight” rating for the company in a report on Monday, March 3rd. Melius Research reiterated a “hold” rating and issued a $373.00 price target on shares of Eaton in a report on Tuesday, January 28th. Jefferies Financial Group lowered their price target on Eaton from $390.00 to $335.00 and set a “buy” rating for the company in a report on Wednesday. JPMorgan Chase & Co. lowered their price target on Eaton from $350.00 to $348.00 and set an “overweight” rating for the company in a report on Wednesday, January 15th. Finally, Citigroup lowered their price target on Eaton from $440.00 to $410.00 and set a “buy” rating for the company in a report on Monday, January 13th. Seven research analysts have rated the stock with a hold rating and thirteen have given a buy rating to the company’s stock. According to MarketBeat, Eaton currently has an average rating of “Moderate Buy” and an average target price of $356.20.

Eaton Trading Down 3.0 %

ETN stock opened at $283.16 on Thursday. The company has a market cap of $111.00 billion, a price-to-earnings ratio of 29.81, a PEG ratio of 2.64 and a beta of 1.09. The company has a quick ratio of 0.96, a current ratio of 1.50 and a debt-to-equity ratio of 0.46. The business has a fifty day simple moving average of $317.27 and a 200-day simple moving average of $331.31. Eaton has a 52 week low of $255.65 and a 52 week high of $379.99.

Eaton (NYSE:ETN) last issued its quarterly earnings results on Friday, January 31st. The industrial products company reported $2.83 earnings per share for the quarter, topping analysts’ consensus estimates of $2.82 by $0.01. Eaton had a return on equity of 22.62% and a net margin of 15.25%. During the same quarter last year, the firm posted $2.55 EPS.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Capital A Wealth Management LLC acquired a new position in shares of Eaton during the fourth quarter valued at approximately $26,000. Flagship Wealth Advisors LLC acquired a new position in Eaton in the fourth quarter worth approximately $27,000. Noble Wealth Management PBC acquired a new position in Eaton in the fourth quarter worth approximately $30,000. Horizon Bancorp Inc. IN grew 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 buying an additional 74 shares during the last quarter. Finally, Morse Asset Management Inc acquired a new position in Eaton in the 3rd quarter worth approximately $33,000. Institutional investors and hedge funds own 82.97% of the company’s stock.

Eaton Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 10th will be paid a dividend of $1.04 per share. This represents a $4.16 dividend on an annualized basis and a dividend yield of 1.47%. The ex-dividend date of this dividend is Monday, March 10th. This is a positive change from Eaton’s previous quarterly dividend of $0.94. Eaton’s dividend payout ratio (DPR) is currently 43.79%.

Eaton Company Profile

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.