Analysts’ Weekly Ratings Changes for Eaton (ETN)

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

• 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.
• 3/6/2025 – Eaton had its price target lowered by analysts at Royal Bank of Canada from $405.00 to $376.00. They now have an “outperform” rating on the stock.
• 3/5/2025 – Eaton had its price target lowered by analysts at Wells Fargo & Company from $335.00 to $305.00. They now have an “equal weight” rating on the stock.
• 3/3/2025 – Eaton had its price target lowered by analysts at Barclays PLC from $353.00 to $325.00. They now have an “equal weight” rating on the stock.
• 2/19/2025 – Eaton had its price target lowered by analysts at Evercore ISI from $382.00 to $326.00. They now have an “in-line” rating on the stock.
• 2/13/2025 – Eaton had its “outperform” rating reaffirmed by analysts at Royal Bank of Canada.
• 2/13/2025 – Eaton had its “equal weight” rating reaffirmed by analysts at Wells Fargo & Company.
• 2/3/2025 – Eaton had its price target lowered by analysts at Royal Bank of Canada from $407.00 to $405.00. They now have an “outperform” rating on the stock.
• 2/3/2025 – Eaton had its price target lowered by analysts at Wells Fargo & Company from $350.00 to $335.00. They now have an “equal weight” rating on the stock.
• 1/28/2025 – Eaton had its “hold” rating reaffirmed by analysts at Melius Research. They now have a $373.00 price target on the stock.
• 1/28/2025 – Eaton was downgraded by analysts at Melius from a “buy” rating to a “hold” rating. They now have a $373.00 price target on the stock.

Eaton Trading Down 0.9 %

Shares of ETN opened at $300.11 on Wednesday. The company’s fifty day simple moving average is $309.76 and its 200-day simple moving average is $331.90. The company has a market cap of $117.57 billion, a P/E ratio of 31.59, a P/E/G ratio of 2.64 and a beta of 1.09. The company has a current ratio of 1.50, a quick ratio of 0.96 and a debt-to-equity ratio of 0.46. Eaton Co. plc has a twelve month low of $255.65 and a twelve month high of $379.99.

Eaton (NYSE:ETN) last announced its quarterly earnings data on Friday, January 31st. The industrial products company reported $2.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.82 by $0.01. Eaton had a net margin of 15.25% and a return on equity of 22.62%. During the same period in the prior year, the company earned $2.55 earnings per share. As a group, analysts expect that Eaton Co. plc will post 12.02 EPS for the current year.

Eaton Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 10th will be given a dividend of $1.04 per share. This represents a $4.16 annualized dividend and a dividend yield of 1.39%. This is an increase from Eaton’s previous quarterly dividend of $0.94. The ex-dividend date of this dividend is Monday, March 10th. Eaton’s dividend payout ratio (DPR) is 43.79%.

Hedge Funds Weigh In On Eaton

A number of hedge funds have recently added to or reduced their stakes in ETN. United Bank bought a new stake in Eaton during the 3rd quarter valued at $258,000. Penserra Capital Management LLC lifted its stake in Eaton by 2.1% in the third quarter. Penserra Capital Management LLC now owns 2,116 shares of the industrial products company’s stock worth $699,000 after acquiring an additional 43 shares during the period. Centaurus Financial Inc. grew its holdings in Eaton by 61.6% during the 3rd quarter. Centaurus Financial Inc. now owns 1,978 shares of the industrial products company’s stock worth $655,000 after acquiring an additional 754 shares in the last quarter. Fisher Asset Management LLC raised its holdings in shares of Eaton by 3.6% in the 3rd quarter. Fisher Asset Management LLC now owns 203,302 shares of the industrial products company’s stock valued at $67,383,000 after purchasing an additional 7,129 shares in the last quarter. Finally, Douglass Winthrop Advisors LLC boosted its stake in shares of Eaton by 21.6% during the third quarter. Douglass Winthrop Advisors LLC now owns 2,530 shares of the industrial products company’s stock valued at $839,000 after purchasing an additional 450 shares in the last quarter. 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.