Eaton Corporation plc (NYSE: ETN) is -3.92% lower on its value in year-to-date trading and has touched a low of $231.85 and a high of $379.99 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ETN stock was last observed hovering at around $320.20 in the last trading session, with the day’s loss setting it -1.34%.
Currently trading at $318.86, the stock is -0.25% and 8.07% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.93 million and changing -0.42% at the moment leaves the stock -0.31% off its SMA200. ETN registered -4.21% loss for a year compared to 6-month loss of -15.49%. The firm has a 50-day simple moving average (SMA 50) of $294.5776 and a 200-day simple moving average (SMA200) of $319.7457.
The stock witnessed a 5.70% gain in the last 1 month and extending the period to 3 months gives it a 14.51%, and is -0.69% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 0.52% over the week and 1.41% over the month.
Eaton Corporation plc (ETN) has around 94000 employees, a market worth around $124.77B and $25.31B in sales. Current P/E ratio is 32.19 and Fwd P/E is 23.53. Profit margin for the company is 15.55%. Distance from 52-week low is 37.53% and -16.09% from its 52-week high. The company has generated returns on investments over the last 12 months (14.70%).
with sales reaching $6.92B over the same period.The EPS is expected to grow by 11.25% this year, but quarterly earnings will post 9.67% year-over-year. Quarterly sales are estimated to grow 9.01% in year-over-year returns.
Eaton Corporation plc (ETN) Top Institutional Holders
2844.0 institutions hold shares in Eaton Corporation plc (ETN), with institutional investors hold 86.29% of the company’s shares. The shares outstanding are 391.30M, and float is at 390.40M with Short Float at 2.07%. Institutions hold 86.13% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 36.92 million shares valued at $11.58 billion. The investor’s holdings represent 9.2481% of the ETN Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 28.77 million shares valued at $9.02 billion to account for 7.2065 of the shares outstanding. The other top investors are JPMORGAN CHASE & CO which holds 22.01 million shares representing 5.5139% and valued at over $6.9 billion, while FMR LLC holds 5.0281 of the shares totaling 20.07 million with a market value of $6.29 billion.
Eaton Corporation plc (ETN) Insider Activity
#####
Eaton Corporation plc disclosed in a document filed with the SEC on May 20 ’25 that Thompson Dorothy C (Director) sold a total of 140 shares of the company’s common stock. The trade occurred on May 20 ’25 and was made at $327.21 per share for $45809.0. Following the transaction, the insider now directly holds 790.0 shares of the ETN stock.
Still, SEC filings show that on May 14 ’25, Monesmith Heath B. ( below.) disposed off 9,103 shares at an average price of $330.89 for $3.01 million. The insider now directly holds 60,675 shares of Eaton Corporation plc (ETN).
