What is Zacks Research’s Estimate for Eaton Q2 Earnings?

Eaton Co. plc (NYSE:ETN) – Zacks Research lowered their Q2 2025 earnings per share (EPS) estimates for Eaton in a research note issued on Tuesday, June 10th. Zacks Research analyst J. Saha now anticipates that the industrial products company will earn $2.93 per share for the quarter, down from their prior forecast of $2.94. The consensus estimate for Eaton’s current full-year earnings is $12.02 per share. Zacks Research also issued estimates for Eaton’s FY2025 earnings at $11.96 EPS.

Several other analysts have also commented on the company. KeyCorp increased their price objective on Eaton from $325.00 to $355.00 and gave the company an “overweight” rating in a report on Monday, May 5th. Morgan Stanley decreased their price objective on Eaton from $385.00 to $375.00 and set an “overweight” rating for the company in a report on Tuesday, May 6th. Royal Bank of Canada increased their price objective on Eaton from $336.00 to $356.00 and gave the company an “outperform” rating in a report on Monday, May 5th. JPMorgan Chase & Co. raised their target price on Eaton from $300.00 to $360.00 and gave the stock an “overweight” rating in a research note on Friday, May 16th. Finally, BNP Paribas Exane started coverage on Eaton in a research note on Thursday, May 15th. They issued an “outperform” rating and a $380.00 target price for the company. Five investment analysts have rated the stock with a hold rating and fifteen have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $368.78.

Eaton Stock Performance

Shares of ETN opened at $325.56 on Thursday. Eaton has a 12 month low of $231.85 and a 12 month high of $379.99. The stock has a fifty day moving average price of $301.79 and a 200-day moving average price of $315.72. The company has a current ratio of 1.50, a quick ratio of 0.96 and a debt-to-equity ratio of 0.46. The firm has a market cap of $127.39 billion, a PE ratio of 34.27, a P/E/G ratio of 2.64 and a beta of 1.16.

Eaton (NYSE:ETN) last issued its quarterly earnings data on Friday, May 2nd. The industrial products company reported $2.72 EPS for the quarter, beating the consensus estimate of $2.70 by $0.02. Eaton had a return on equity of 22.62% and a net margin of 15.25%. The firm had revenue of $6.38 billion during the quarter, compared to analyst estimates of $6.26 billion. During the same quarter in the prior year, the business posted $2.40 EPS. The business’s revenue for the quarter was up 7.3% compared to the same quarter last year.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Bearing Point Capital LLC purchased a new position in Eaton in the 4th quarter worth approximately $2,713,000. Strategic Financial Concepts LLC purchased a new position in Eaton in the 4th quarter worth approximately $38,000. Kennebec Savings Bank lifted its stake in Eaton by 5.4% in the 1st quarter. Kennebec Savings Bank now owns 2,715 shares of the industrial products company’s stock worth $738,000 after purchasing an additional 139 shares in the last quarter. American National Bank & Trust lifted its stake in Eaton by 5.4% in the 1st quarter. American National Bank & Trust now owns 3,145 shares of the industrial products company’s stock worth $855,000 after purchasing an additional 162 shares in the last quarter. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors lifted its stake in Eaton by 46.9% in the 4th quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 3,365 shares of the industrial products company’s stock worth $1,117,000 after purchasing an additional 1,074 shares in the last quarter. 82.97% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Eaton

In related news, insider Michael Yelton sold 2,120 shares of the firm’s stock in a transaction dated Tuesday, May 6th. The shares were sold at an average price of $296.87, for a total value of $629,364.40. Following the transaction, the insider now directly owns 3,382 shares of the company’s stock, valued at approximately $1,004,014.34. This trade represents a 38.53% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Craig Arnold sold 103,486 shares of the firm’s stock in a transaction dated Monday, May 12th. The shares were sold at an average price of $322.75, for a total transaction of $33,400,106.50. Following the completion of the transaction, the insider now directly owns 490,208 shares in the company, valued at $158,214,632. This represents a 17.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 156,660 shares of company stock valued at $49,622,894. 0.30% of the stock is owned by corporate insiders.

Eaton Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 23rd. Investors of record on Monday, May 5th were paid a $1.04 dividend. This represents a $4.16 dividend on an annualized basis and a yield of 1.28%. The ex-dividend date of this dividend was Monday, May 5th. Eaton’s dividend payout ratio is presently 41.98%.

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.