Eaton Corporation plc (ETN)

NYSE: ETN · IEX Real-Time Price · USD
308.94
-1.24 (-0.40%)
At close: Apr 18, 2024, 4:00 PM
307.13
-1.81 (-0.59%)
Pre-market: Apr 19, 2024, 8:10 AM EDT
-0.40%
Market Cap 123.54B
Revenue (ttm) 23.20B
Net Income (ttm) 3.22B
Shares Out 399.89M
EPS (ttm) 8.02
PE Ratio 38.52
Forward PE 29.85
Dividend $3.76 (1.22%)
Ex-Dividend Date Mar 8, 2024
Volume 1,859,588
Open 313.75
Previous Close 310.18
Day's Range 308.46 - 315.71
52-Week Range 161.12 - 331.47
Beta 1.08
Analysts Buy
Price Target 282.53 (-8.55%)
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 17 analysts, the average rating for ETN stock is "Buy." The 12-month stock price forecast is $282.53, which is a decrease of -8.55% from the latest price.

Price Target
$282.53
(-8.55% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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
10 days 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...

16 days 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...

7 weeks 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...

2 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 $...

2 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...

3 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 ...

3 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...

3 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...

3 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
3 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...

4 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
5 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

Jim Cramer praises power management firm Eaton for an amazing quarter and Wall Street agrees

The company late Tuesday beat analysts' estimates for quarterly profits on high demand for its electrical components and equipment.

6 months ago - CNBC

Cramer's Stop Trading: Eaton Corp. PLC

CNBC's Jim Cramer explains why he is keeping an eye on shares of Eaton Corp. PLC.

6 months ago - CNBC Television

Eaton Reports Record Quarterly Results With 18% Backlog Growth; Raises Guidance

DUBLIN--(BUSINESS WIRE)--Intelligent power management company Eaton Corporation plc (NYSE:ETN) today announced that earnings per share were $2.22 for the third quarter of 2023. Excluding charges of $0...

6 months ago - Business Wire

Eaton declares quarterly dividend payable November 24, 2023

DUBLIN--(BUSINESS WIRE)--The Board of Directors of intelligent power management company Eaton (NYSE:ETN) today declared a quarterly dividend of $0.86 per ordinary share. The dividend is payable Novemb...

6 months ago - Business Wire

Eaton's Focus on “Unleashing the Power of Diverse Perspectives” Highlighted in New Report

DUBLIN--(BUSINESS WIRE)--Intelligent power management company Eaton (NYSE:ETN) has released its 2022 Global Inclusion and Diversity Transparency report, the third in as many years. The report makes a ...

6 months ago - Business Wire

Eaton to Announce Third Quarter 2023 Earnings on October 31, 2023

DUBLIN--(BUSINESS WIRE)--Intelligent power management company Eaton (NYSE:ETN) will announce third quarter 2023 earnings on Tuesday, October 31, 2023, before the opening of the New York Stock Exchange...

6 months ago - Business Wire

These 8 Beaten-Down Stocks Are Long-Term Winners. Consider Buying.

The S&P 500's 5% decline from its intraday high for the year has hit even those star companies that have hit record levels in 2023. It could be an opportunity.

Other symbols: AAPLITWMCDONPEPPHMYUM
6 months ago - Barrons

As AI matures, Nvidia won't be the only pick-and-shovel company to thrive, BofA analysts say

For investors trying to play a gold rush, it's important to look at who sells the picks and shovels to miners.

Other symbols: NVDAHONJCIVRT
6 months ago - Market Watch

Eaton names Adam Wadecki senior vice president, Internal Audit

DUBLIN--(BUSINESS WIRE)--Intelligent power management company Eaton (NYSE:ETN) today announced that Adam Wadecki, Ph.D., has been named senior vice president, Internal Audit, effective September 27. H...

7 months ago - Business Wire

Eaton to invest another $150 million in North America operations, create 600 jobs at a new El Paso plant

Power management company Eaton Corp. ETN, -4.26% said Wednesday it will invest an additional $150 million to expand supply of its electrical power distribution to customers in North America. As part o...

7 months ago - Market Watch

Eaton to participate in the Morgan Stanley 11th Annual Laguna Conference on September 12

DUBLIN--(BUSINESS WIRE)--Intelligent power management company Eaton (NYSE:ETN) today announced that its Chairman and Chief Executive Officer, Craig Arnold, will participate in the Morgan Stanley 11th ...

8 months ago - Business Wire

Eaton expanding Texas plant as part of $500M investment

Eaton Corp. Plc ETN, +1.51% said Monday it's adding 200,000-square-feet to its Nacogdoches, Texas electrical transformer manufacturing facility in a move that will create more than 200 manufacturing j...

8 months ago - Market Watch