Eaton Corporation plc (ETN)
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]
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 StatementsAnalyst 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.
News
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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...
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...
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...
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 $...
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...
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 ...
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...
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...
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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...
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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.
Cramer's Stop Trading: Eaton Corp. PLC
CNBC's Jim Cramer explains why he is keeping an eye on shares of Eaton Corp. PLC.
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...
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...
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 ...
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...
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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...
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...
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 ...
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...