Eaton Corporation plc (ETN)

NYSE: ETN · IEX Real-Time Price · USD
335.96
+5.51 (1.67%)
May 15, 2024, 1:15 PM EDT - Market open
1.67%
Market Cap 134.47B
Revenue (ttm) 23.66B
Net Income (ttm) 3.40B
Shares Out 399.80M
EPS (ttm) 8.47
PE Ratio 39.46
Forward PE 31.39
Dividend $3.76 (1.12%)
Ex-Dividend Date May 3, 2024
Volume 788,394
Open 332.00
Previous Close 330.45
Day's Range 332.00 - 338.15
52-Week Range 167.19 - 338.15
Beta 1.06
Analysts Buy
Price Target 305.88 (-9.06%)
Earnings Date Apr 30, 2024

About ETN

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 instrumentati... [Read more]

Sector Industrials
Founded 1916
Employees 93,781
Stock Exchange NYSE
Ticker Symbol ETN
Full Company Profile

Financial Performance

In 2023, ETN's revenue was $23.20 billion, an increase of 11.78% compared to the previous year's $20.75 billion. Earnings were $3.22 billion, an increase of 30.71%.

Financial Statements

Analyst Forecast

According to 16 analysts, the average rating for ETN stock is "Buy." The 12-month stock price forecast is $305.88, which is a decrease of -9.06% from the latest price.

Price Target
$305.88
(-9.06% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Hightower's Stephanie Link explains why the rally in utilities is just the beginning

Stephanie Link, Hightower Chief Investment Strategist, joins 'Closing Bell Overtime' to talk the utilities sector taking off recently.

Other symbols: GEVPWRXLU
4 days ago - CNBC Television

Eaton advances more resilient, sustainable electricity in New York City with energy storage projects valued at more than $7 million

PITTSBURGH--(BUSINESS WIRE)--Intelligent power management company Eaton is helping Endurant Energy deploy 10 battery storage projects in New York City. With a combined capacity exceeding 150-megawatt ...

8 days ago - Business Wire

JPMorgan's Stephen Tusa shares under-the-radar AI plays

Stephen Tusa, JPMorgan analyst, joins 'Closing Bell Overtime' to discuss how data centers could benefit from the AI hype cycle.

Other symbols: DDJCIVRT
11 days ago - CNBC Television

Eaton highlights cybersecurity education, skilled workforce training programs at White House Cyber Workforce event

PITTSBURGH--(BUSINESS WIRE)--Eaton highlights cybersecurity education, skilled workforce training programs at White House Cyber Workforce event.

12 days ago - Business Wire

Eaton Stock Rises After Earnings Beat. It Pulled Off Quite a Feat.

Tuesday, Eaton reported first-quarter earnings per share of $2.40. Wall Street was looking for $2.29 a share.

15 days ago - Barrons

Eaton Reports Record First Quarter 2024 Results, with Strong Orders and Backlog Growth

DUBLIN--(BUSINESS WIRE)--Intelligent power management company Eaton Corporation plc (NYSE:ETN) today announced that earnings per share were $2.04 for the first quarter of 2024, a first quarter record ...

15 days ago - Business Wire

What Schneider's Results Say About Eaton, Rockwell Automation

The earnings report offers some clues for investors in the U.S.-based companies.

Other symbols: ROK
20 days ago - Barrons

Eaton Awarded $26.6M in Federal Tax Credits Supporting U.S. Manufacturing and Workforce Training Programs Advancing Clean Energy Projects

PITTSBURGH--(BUSINESS WIRE)--Eaton awarded $26.6M in federal tax credits supporting U.S. manufacturing and workforce training programs advancing clean energy projects.

20 days ago - Business Wire

Eaton declares quarterly dividend payable May 24, 2024

DUBLIN--(BUSINESS WIRE)--The Board of Directors of intelligent power management company Eaton (NYSE:ETN) today declared a quarterly dividend of $0.94 per ordinary share. The dividend is payable May 24...

22 days ago - Business Wire

Eaton Earns First Gold Medal Rating from EcoVadis for Sustainability Performance

DUBLIN--(BUSINESS WIRE)--Intelligent power management company Eaton has achieved a gold medal from EcoVadis, the world's largest provider of business sustainability ratings. The EcoVadis assessment ev...

23 days ago - Business Wire

Eaton names Adam Wadecki senior vice president and controller

DUBLIN--(BUSINESS WIRE)--Intelligent power management company Eaton (NYSE:ETN) today announced that Adam Wadecki, Ph.D., has been named senior vice president and controller. Wadecki currently serves a...

23 days ago - Business Wire

Eaton to announce first quarter 2024 earnings on April 30, 2024

DUBLIN--(BUSINESS WIRE)--Intelligent power management company Eaton (NYSE:ETN) will announce first quarter 2024 earnings on Tuesday, April 30, 2024, before the opening of the New York Stock Exchange. ...

25 days ago - Business Wire

How to invest in AI

Aaron Dunn, co-head of value equity at Morgan Stanley Investment Management, joins CNBC's 'The Exchange' to break down opportunities in tech stocks, AI, and more.

Other symbols: ACNCMSMUNEE
5 weeks ago - CNBC Television

Eaton completes first-of-its-kind clean energy project in Puerto Rico to power manufacturing and support the regional power grid

PITTSBURGH--(BUSINESS WIRE)--Intelligent power management company Eaton today cut the ribbon on a significant clean energy project at its Arecibo, Puerto Rico, manufacturing facility where the company...

6 weeks ago - Business Wire

Eaton Increases Quarterly Dividend by 9%

DUBLIN--(BUSINESS WIRE)--The Board of Directors of intelligent power management company Eaton (NYSE:ETN) today declared a quarterly dividend of $0.94 per ordinary share, an increase of 9% over its las...

2 months ago - Business Wire

Eaton Modernizes Its Manufacturing Footprint With Two New Smart Factories

DUBLIN--(BUSINESS WIRE)--Intelligent power management company Eaton (NYSE: ETN) announced today its continued commitment to modernizing the company's manufacturing footprint with smart factories in Ju...

3 months ago - Business Wire

Eaton Reports Record Fourth Quarter 2023 Results, with Continued Strong Backlog Growth, and Issues Guidance on 2024 Outlook

DUBLIN--(BUSINESS WIRE)--Intelligent power management company Eaton Corporation plc (NYSE:ETN) today announced that earnings per share were $2.35 for the fourth quarter of 2023. Excluding charges of $...

3 months ago - Business Wire

Eaton achieves Mansfield Rule certification: Legal Department Edition 3.0

DUBLIN--(BUSINESS WIRE)--Intelligent power management company Eaton (NYSE:ETN) today announced that its Legal Department has achieved Certification for the Diversity Lab's Mansfield Rule: Legal Depart...

4 months ago - Business Wire

Eaton Receives Dual Honors for Its Commitment to Inclusion and Diversity

DUBLIN--(BUSINESS WIRE)--Intelligent power management company Eaton (NYSE:ETN) announced it was recently recognized by two prestigious organizations for its deep commitment to delivering an inclusive ...

4 months ago - Business Wire

Eaton Appoints Board Member, Olivier Leonetti, Executive Vice President and Chief Financial Officer; Expects Strong Fourth Quarter and Full-Year 2023 Results

DUBLIN--(BUSINESS WIRE)--Intelligent power management company Eaton (NYSE: ETN) announced today that Olivier Leonetti has been named executive vice president and chief financial officer, effective Feb...

4 months ago - Business Wire

Eaton to Announce Fourth Quarter 2023 Earnings on February 1, 2024

DUBLIN--(BUSINESS WIRE)--Intelligent power management company Eaton (NYSE:ETN) will announce fourth quarter 2023 earnings on Thursday, February 1, 2024, before the opening of the New York Stock Exchan...

4 months ago - Business Wire

These stocks can be winners in AI because they all share this one valuable quality

While the media would have investors focus on short headline-grabbing cycles such as political elections, central bank actions, and economic expansions and contractions, some investors — including our...

Other symbols: AMDMDBMRVLNVDAVRT
4 months ago - Market Watch

Eaton Names John Sapp President, Aerospace Group; Nanda Kumar to Retire

DUBLIN--(BUSINESS WIRE)--Intelligent power management company Eaton (NYSE:ETN) today announced that John Sapp has joined the company effective December 4, 2023. He will succeed Nanda Kumar as the pres...

5 months ago - Business Wire

Data Center Growth Is Robust. 4 Stocks That Benefit.

Electrical hardware and software giant Schneider Electric is expanding its partnership with Compass Datacenters.

Other symbols: NVTVRT
6 months ago - Barrons

Jim Cramer takes a closer look at this earnings season's standout stocks

'Mad Money' host Jim Cramer takes a look at today's Fed decision to leave rates unchanged and analyzes what it means for well performing stocks.

Other symbols: AMDDDGELINORCLTT
6 months ago - CNBC Television