Brokerages Set Eaton Corporation, PLC (NYSE:ETN) Target Price at $389.89

Eaton Corporation, PLC (NYSE:ETN) has been assigned a consensus recommendation of “Moderate Buy” from the twenty brokerages that are covering the firm, Marketbeat reports. Five equities research analysts have rated the stock with a hold recommendation, thirteen have assigned a buy recommendation and two have assigned a strong buy recommendation to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $389.8947.

Several brokerages recently commented on ETN. UBS Group reissued a “neutral” rating and issued a $360.00 price objective (down previously from $440.00) on shares of Eaton in a research note on Sunday, January 4th. Morgan Stanley reiterated an “overweight” rating and set a $425.00 price target on shares of Eaton in a report on Wednesday, February 4th. JPMorgan Chase & Co. cut their price objective on Eaton from $440.00 to $406.00 and set an “overweight” rating on the stock in a report on Friday, January 16th. HSBC raised Eaton from a “hold” rating to a “buy” rating and set a $400.00 target price for the company in a report on Friday, January 16th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Eaton in a research note on Wednesday, January 21st.

Insider Transactions at Eaton

In other Eaton news, insider Sternadt Paulo Ruiz sold 10,707 shares of the company’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $390.26, for a total value of $4,178,513.82. Following the completion of the transaction, the insider directly owned 27,729 shares in the company, valued at approximately $10,821,519.54. This represents a 27.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.30% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Hilton Head Capital Partners LLC bought a new stake in shares of Eaton in the 4th quarter valued at about $26,000. Sfam LLC bought a new stake in Eaton in the fourth quarter valued at approximately $27,000. Eagle Bay Advisors LLC acquired a new stake in Eaton during the 4th quarter valued at approximately $29,000. WFA of San Diego LLC bought a new position in Eaton during the 2nd quarter worth approximately $36,000. Finally, Imprint Wealth LLC acquired a new position in shares of Eaton in the 3rd quarter worth approximately $39,000. 82.97% of the stock is owned by institutional investors.

Eaton Price Performance

Shares of ETN stock opened at $373.05 on Tuesday. The business has a fifty day simple moving average of $343.86 and a 200 day simple moving average of $354.48. The company has a market cap of $144.89 billion, a P/E ratio of 35.66, a P/E/G ratio of 2.58 and a beta of 1.20. The company has a quick ratio of 0.81, a current ratio of 1.32 and a debt-to-equity ratio of 0.45. Eaton has a twelve month low of $231.85 and a twelve month high of $408.45.

Eaton (NYSE:ETN) last issued its earnings results on Tuesday, February 3rd. The industrial products company reported $3.33 EPS for the quarter, hitting the consensus estimate of $3.33. Eaton had a return on equity of 25.00% and a net margin of 14.89%.The firm had revenue of $7.06 billion during the quarter, compared to the consensus estimate of $7.15 billion. During the same quarter in the previous year, the firm earned $2.83 earnings per share. The business’s quarterly revenue was up 13.1% on a year-over-year basis. Eaton has set its Q1 2026 guidance at 2.650-2.850 EPS and its FY 2026 guidance at 13.000-13.500 EPS. On average, sell-side analysts forecast that Eaton will post 12.02 EPS for the current fiscal year.

About Eaton

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.