Zacks Research Brokers Reduce Earnings Estimates for Eaton

Eaton Corporation, PLC (NYSE:ETN) – Stock analysts at Zacks Research decreased their Q1 2026 earnings per share (EPS) estimates for shares of Eaton in a note issued to investors on Tuesday, November 18th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings per share of $3.08 for the quarter, down from their prior estimate of $3.17. The consensus estimate for Eaton’s current full-year earnings is $12.02 per share. Zacks Research also issued estimates for Eaton’s Q2 2026 earnings at $3.36 EPS, Q3 2026 earnings at $3.53 EPS, Q4 2026 earnings at $3.58 EPS, FY2026 earnings at $13.55 EPS, Q1 2027 earnings at $3.41 EPS, Q2 2027 earnings at $3.72 EPS, Q3 2027 earnings at $3.95 EPS and FY2027 earnings at $15.04 EPS.

Eaton (NYSE:ETN) last announced its earnings results on Tuesday, November 4th. The industrial products company reported $3.07 EPS for the quarter, beating the consensus estimate of $3.06 by $0.01. The company had revenue of $6.99 billion for the quarter, compared to analyst estimates of $7.09 billion. Eaton had a return on equity of 23.91% and a net margin of 15.11%. Eaton has set its Q4 2025 guidance at 3.230-3.430 EPS. FY 2025 guidance at 11.970-12.170 EPS.

A number of other research firms have also recently commented on ETN. Melius upgraded shares of Eaton from a “hold” rating to a “buy” rating and set a $495.00 price target for the company in a report on Monday, September 15th. Melius Research raised Eaton from a “hold” rating to a “buy” rating and boosted their target price for the company from $412.00 to $495.00 in a research report on Monday, September 15th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Eaton in a report on Wednesday, October 8th. Redburn Atlantic began coverage on Eaton in a report on Wednesday, August 20th. They set a “hold” rating and a $336.00 price objective for the company. Finally, Morgan Stanley upped their target price on Eaton from $375.00 to $425.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 6th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, Eaton presently has a consensus rating of “Moderate Buy” and an average price target of $401.50.

Eaton Stock Performance

Shares of ETN stock opened at $345.89 on Thursday. The firm has a 50 day moving average of $371.55 and a 200-day moving average of $355.24. The company has a market cap of $134.34 billion, a price-to-earnings ratio of 34.80, a price-to-earnings-growth ratio of 2.77 and a beta of 1.19. The company has a quick ratio of 0.76, a current ratio of 1.24 and a debt-to-equity ratio of 0.47. Eaton has a 52 week low of $231.85 and a 52 week high of $399.56.

Institutional Investors Weigh In On Eaton

A number of institutional investors have recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC lifted its position in shares of Eaton by 9.3% during the 3rd quarter. Cornerstone Planning Group LLC now owns 328 shares of the industrial products company’s stock worth $126,000 after buying an additional 28 shares in the last quarter. MTM Investment Management LLC increased its holdings in Eaton by 0.6% during the third quarter. MTM Investment Management LLC now owns 4,802 shares of the industrial products company’s stock worth $1,797,000 after buying an additional 29 shares during the last quarter. Lyell Wealth Management LP raised its position in Eaton by 3.2% in the second quarter. Lyell Wealth Management LP now owns 975 shares of the industrial products company’s stock worth $348,000 after acquiring an additional 30 shares during the period. Correct Capital Wealth Management boosted its stake in Eaton by 0.9% in the third quarter. Correct Capital Wealth Management now owns 3,477 shares of the industrial products company’s stock valued at $1,301,000 after acquiring an additional 31 shares during the last quarter. Finally, Commonwealth Financial Services LLC increased its stake in shares of Eaton by 2.9% during the 1st quarter. Commonwealth Financial Services LLC now owns 1,175 shares of the industrial products company’s stock worth $319,000 after purchasing an additional 33 shares during the last quarter. 82.97% of the stock is owned by institutional investors.

Insider Transactions at Eaton

In other news, Director Gerald Johnson bought 200 shares of Eaton stock in a transaction dated Tuesday, November 18th. The stock was purchased at an average price of $339.89 per share, for a total transaction of $67,978.00. Following the purchase, the director directly owned 400 shares in the company, valued at $135,956. The trade was a 100.00% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last quarter, insiders have acquired 500 shares of company stock worth $174,389. 0.30% of the stock is owned by insiders.

Eaton Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 21st. Shareholders of record on Thursday, November 6th will be paid a dividend of $1.04 per share. The ex-dividend date is Thursday, November 6th. This represents a $4.16 annualized dividend and a yield of 1.2%. Eaton’s dividend payout ratio (DPR) is 41.60%.

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.