Eaton Corporation, PLC (NYSE:ETN) Given Average Rating of “Moderate Buy” by Brokerages

Eaton Corporation, PLC (NYSE:ETN) has received an average rating of “Moderate Buy” from the twenty brokerages that are covering the firm, Marketbeat Ratings reports. Four research analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have issued a strong buy rating on the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $423.00.

ETN has been the topic of a number of recent analyst reports. BMO Capital Markets initiated coverage on Eaton in a report on Friday, March 27th. They set an “outperform” rating and a $428.00 price target on the stock. Wells Fargo & Company lifted their price target on shares of Eaton from $350.00 to $425.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. KeyCorp increased their price target on Eaton from $420.00 to $480.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. Erste Group Bank began coverage on Eaton in a research report on Tuesday, May 5th. They set a “buy” rating for the company. Finally, Morgan Stanley restated an “overweight” rating and issued a $500.00 target price on shares of Eaton in a report on Sunday, May 10th.

Insider Activity at Eaton

In other news, insider Antonio Galvao sold 494 shares of the stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $405.86, for a total value of $200,494.84. Following the sale, the insider owned 9,175 shares of the company’s stock, valued at approximately $3,723,765.50. This represents a 5.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Peter Denk sold 2,000 shares of the business’s stock in a transaction that occurred on Wednesday, May 6th. The shares were sold at an average price of $417.94, for a total value of $835,880.00. Following the transaction, the insider owned 7,102 shares of the company’s stock, valued at $2,968,209.88. This trade represents a 21.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 21,028 shares of company stock valued at $8,614,793 over the last three months. Corporate insiders own 0.10% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Hilton Head Capital Partners LLC bought a new position in shares of Eaton during the 4th quarter worth $26,000. Sfam LLC purchased a new position in shares of Eaton in the 4th quarter valued at $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in shares of Eaton in the 4th quarter worth $28,000. Eagle Bay Advisors LLC purchased a new stake in shares of Eaton during the 4th quarter worth $29,000. Finally, Boreal Capital Management LLC bought a new position in Eaton in the first quarter worth about $33,000. 82.97% of the stock is currently owned by hedge funds and other institutional investors.

More Eaton News

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Eaton opened a new U.K. aerospace additive manufacturing center to expand European production capacity and strengthen localized supply chains for commercial and military aerospace programs. Eaton Opens European Aerospace Additive Manufacturing Center to Expand Production and Strengthen Regional Supply Chain Resilience
• Positive Sentiment: Eaton deepened its “Home as a Grid” strategy by partnering with FranklinWH to integrate smart breakers into home energy systems, which could broaden its addressable market in residential energy management. How Investors May Respond To Eaton (ETN) Expanding Its “Home as a Grid” Footprint with FranklinWH
• Positive Sentiment: Multiple reports highlighted Eaton as a winner from the AI data-center buildout, with rising demand for grid-to-chip power, cooling and mission-critical electrical systems. How is Data Center Expansion Reshaping Eaton’s Business?
• Positive Sentiment: Analyst sentiment also stayed favorable, including a Zacks upgrade to Buy, which may be reinforcing the stock’s upward momentum. Eaton (ETN) Upgraded to Buy: What Does It Mean for the Stock?
• Neutral Sentiment: Several valuation-focused pieces noted that Eaton looks expensive on some cash-flow measures, even if earnings-based metrics remain more reasonable, keeping the stock’s premium valuation in focus. Eaton (ETN) Stock Looks Expensive On Cash Flow But Cheap On Earnings
• Neutral Sentiment: Additional articles compared Eaton with peers and discussed whether it can justify its valuation, suggesting investors are still weighing strong growth against a rich multiple. Can Eaton (ETN) Justify Its Valuation On Data Center Orders And Analyst Upgrades?

Eaton Stock Up 0.4%

ETN opened at $403.10 on Friday. The firm’s 50 day simple moving average is $403.78 and its two-hundred day simple moving average is $381.45. The company has a market capitalization of $156.52 billion, a PE ratio of 39.40, a PEG ratio of 2.58 and a beta of 1.18. Eaton has a 1-year low of $311.92 and a 1-year high of $436.74. The company has a current ratio of 1.19, a quick ratio of 0.75 and a debt-to-equity ratio of 0.94.

Eaton (NYSE:ETN) last released its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $2.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.73 by $0.08. Eaton had a return on equity of 24.72% and a net margin of 13.99%.The business had revenue of $7.45 billion during the quarter, compared to analyst estimates of $7.14 billion. During the same quarter in the previous year, the company posted $2.72 earnings per share. Eaton’s revenue for the quarter was up 16.8% on a year-over-year basis. Eaton has set its Q2 2026 guidance at 3.000-3.100 EPS and its FY 2026 guidance at 13.050-13.500 EPS. As a group, equities analysts forecast that Eaton will post 13.35 EPS for the current year.

Eaton Company Profile

Eaton (NYSE: ETN) is a diversified power management company that designs, manufactures and distributes products and systems to manage electrical, hydraulic and mechanical power. The company’s offerings are used to improve energy efficiency, reliability and safety across a wide range of applications, with core capabilities in electrical distribution and control, industrial hydraulics and aerospace systems.

Its product portfolio includes switchgear, circuit breakers, transformers, power distribution units, uninterruptible power supplies and surge protection devices for electrical infrastructure, along with hydraulic pumps, valves and filtration systems for industrial and mobile equipment.