Eaton (NYSE:ETN) Updates FY 2026 Earnings Guidance

Eaton (NYSE:ETN) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 13.000-13.500 for the period, compared to the consensus earnings per share estimate of 13.530. The company issued revenue guidance of -. Eaton also updated its Q1 2026 guidance to 2.650-2.850 EPS.

Analysts Set New Price Targets

Several brokerages recently weighed in on ETN. Hsbc Global Res upgraded Eaton from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 16th. KeyCorp boosted their price objective on Eaton from $410.00 to $420.00 and gave the company an “overweight” rating in a research report on Tuesday, October 14th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Eaton in a research note on Tuesday, January 27th. Mizuho lifted their price target on shares of Eaton from $385.00 to $425.00 and gave the company an “outperform” rating in a research note on Friday, October 17th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Eaton in a research report on Wednesday, January 21st. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $384.30.

Eaton Trading Up 2.4%

Shares of ETN opened at $359.74 on Tuesday. Eaton has a 52-week low of $231.85 and a 52-week high of $399.56. The stock has a market cap of $139.72 billion, a PE ratio of 35.97, a price-to-earnings-growth ratio of 2.31 and a beta of 1.20. The firm’s fifty day moving average is $333.38 and its two-hundred day moving average is $354.62. The company has a quick ratio of 0.79, a current ratio of 1.28 and a debt-to-equity ratio of 0.46.

Eaton (NYSE:ETN) last issued its earnings results on Tuesday, February 3rd. The industrial products company reported $3.33 EPS for the quarter, missing analysts’ consensus estimates of $3.34 by ($0.01). The business had revenue of $7.06 billion during the quarter, compared to analyst estimates of $7.15 billion. Eaton had a net margin of 14.74% and a return on equity of 24.36%. Eaton has set its Q1 2026 guidance at 2.650-2.850 EPS and its FY 2026 guidance at 13.000-13.500 EPS. Research analysts forecast that Eaton will post 12.02 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Gerald Johnson bought 200 shares of the stock in a transaction dated Tuesday, November 18th. The shares were acquired at an average cost of $339.89 per share, for a total transaction of $67,978.00. Following the acquisition, the director directly owned 400 shares in the company, valued at approximately $135,956. This trade represents a 100.00% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.30% of the stock is owned by company insiders.

Eaton News Roundup

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Record Q4 results and backlog growth: Eaton reported record adjusted Q4 EPS of $3.33 and record sales (~$7.1B), and said orders and backlog are accelerating — a sign of demand resilience that supports medium?term growth expectations. Business Wire: Q4 results
• Neutral Sentiment: Company filings and slide deck provide detail for investors — useful for modeling: the press release and slide deck show segment trends, charge adjustments, and drivers behind adjusted EPS. Review them to reconcile GAAP vs adjusted figures. Press Release PDF Slide Deck
• Neutral Sentiment: Analyst context ahead of release highlighted backlog and electrification demand as tailwinds — these industry trends remain supportive but now need to be weighed against management’s guidance. Zacks preview
• Negative Sentiment: Guidance disappointed: Eaton set Q1 2026 EPS at $2.65–$2.85 (consensus ~$3.02) and FY 2026 EPS at $13.00–$13.50 (consensus ~$13.53). The guidance shortfall is the main negative catalyst for sentiment and near-term multiple compression. Guidance update (company release)
• Negative Sentiment: Minor quarter misses: Reported EPS of $3.33 missed consensus by $0.01 and revenue came in ~ $7.05B vs. ~$7.15B expected — the revenue shortfall reinforced concerns behind the conservative guidance and prompted downward price pressure. Seeking Alpha: shares slide

Institutional Trading of Eaton

Large investors have recently added to or reduced their stakes in the stock. WFA of San Diego LLC acquired a new stake in shares of Eaton in the 2nd quarter worth $36,000. Imprint Wealth LLC acquired a new stake in Eaton during the third quarter worth about $39,000. Reynders McVeigh Capital Management LLC purchased a new position in Eaton during the third quarter worth about $206,000. Vista Capital Partners Inc. acquired a new position in Eaton in the 2nd quarter valued at about $259,000. Finally, SkyView Investment Advisors LLC purchased a new stake in shares of Eaton in the 2nd quarter valued at approximately $300,000. 82.97% of the stock is currently owned by hedge funds and other institutional investors.

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.