Eaton (NYSE:ETN) Releases Q1 2026 Earnings Guidance

Eaton (NYSE:ETN) updated its first quarter 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 2.650-2.850 for the period, compared to the consensus estimate of 3.020. The company issued revenue guidance of -. Eaton also updated its FY 2026 guidance to 13.000-13.500 EPS.

Eaton Stock Performance

Shares of ETN opened at $359.74 on Tuesday. The company’s 50 day simple moving average is $333.38 and its 200-day simple moving average is $354.62. The firm has a market cap of $139.72 billion, a PE ratio of 35.97, a price-to-earnings-growth ratio of 2.31 and a beta of 1.20. Eaton has a 12-month low of $231.85 and a 12-month high of $399.56. The company has a current ratio of 1.28, a quick ratio of 0.79 and a debt-to-equity ratio of 0.46.

Eaton (NYSE:ETN) last released its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $3.33 EPS for the quarter, missing the consensus estimate of $3.34 by ($0.01). Eaton had a net margin of 14.74% and a return on equity of 24.36%. The business had revenue of $7.06 billion during the quarter, compared to analysts’ expectations of $7.15 billion. Eaton has set its Q1 2026 guidance at 2.650-2.850 EPS and its FY 2026 guidance at 13.000-13.500 EPS. As a group, equities analysts predict that Eaton will post 12.02 EPS for the current year.

Analyst Ratings Changes

ETN has been the topic of a number of research reports. Wolfe Research raised Eaton from a “peer perform” rating to an “outperform” rating and set a $413.00 price target on the stock in a report on Tuesday, December 9th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Eaton in a research report on Tuesday, January 27th. UBS Group reiterated a “neutral” rating and issued a $360.00 target price (down from $440.00) on shares of Eaton in a research note on Sunday, January 4th. KeyCorp upped their price target on Eaton from $410.00 to $420.00 and gave the stock an “overweight” rating in a research note on Tuesday, October 14th. Finally, Hsbc Global Res raised Eaton from a “hold” rating to a “strong-buy” rating in a report on Friday, January 16th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $384.30.

Insiders Place Their Bets

In other Eaton news, Director Gerald Johnson acquired 200 shares of the company’s stock in a transaction that occurred on Tuesday, November 18th. The shares were purchased at an average price of $339.89 per share, with a total value of $67,978.00. Following the completion of the acquisition, the director directly owned 400 shares of the company’s stock, valued at approximately $135,956. The trade was a 100.00% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink. 0.30% of the stock is owned by corporate insiders.

Key Eaton News

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Record Q4 results and backlog growth: Eaton reported record adjusted Q4 EPS of $3.33 and record sales (~$7.1B), and said orders and backlog are accelerating — a sign of demand resilience that supports medium‑term growth expectations. Business Wire: Q4 results
• Neutral Sentiment: Company filings and slide deck provide detail for investors — useful for modeling: the press release and slide deck show segment trends, charge adjustments, and drivers behind adjusted EPS. Review them to reconcile GAAP vs adjusted figures. Press Release PDF Slide Deck
• Neutral Sentiment: Analyst context ahead of release highlighted backlog and electrification demand as tailwinds — these industry trends remain supportive but now need to be weighed against management’s guidance. Zacks preview
• Negative Sentiment: Guidance disappointed: Eaton set Q1 2026 EPS at $2.65–$2.85 (consensus ~$3.02) and FY 2026 EPS at $13.00–$13.50 (consensus ~$13.53). The guidance shortfall is the main negative catalyst for sentiment and near-term multiple compression. Guidance update (company release)
• Negative Sentiment: Minor quarter misses: Reported EPS of $3.33 missed consensus by $0.01 and revenue came in ~ $7.05B vs. ~$7.15B expected — the revenue shortfall reinforced concerns behind the conservative guidance and prompted downward price pressure. Seeking Alpha: shares slide

Hedge Funds Weigh In On Eaton

A number of large investors have recently made changes to their positions in ETN. Sunbelt Securities Inc. grew its position in Eaton by 43.9% during the third quarter. Sunbelt Securities Inc. now owns 3,245 shares of the industrial products company’s stock worth $1,214,000 after buying an additional 990 shares during the period. Captrust Financial Advisors boosted its stake in shares of Eaton by 1.7% during the 3rd quarter. Captrust Financial Advisors now owns 61,290 shares of the industrial products company’s stock worth $22,938,000 after acquiring an additional 1,001 shares in the last quarter. Reynders McVeigh Capital Management LLC acquired a new stake in shares of Eaton in the 3rd quarter worth approximately $206,000. Williams Jones Wealth Management LLC. increased its stake in Eaton by 3.3% in the 3rd quarter. Williams Jones Wealth Management LLC. now owns 515,587 shares of the industrial products company’s stock valued at $192,958,000 after purchasing an additional 16,422 shares in the last quarter. Finally, Strategic Wealth Partners Ltd. increased its stake in Eaton by 2.7% in the 3rd quarter. Strategic Wealth Partners Ltd. now owns 25,318 shares of the industrial products company’s stock valued at $9,475,000 after purchasing an additional 658 shares in the last quarter. Hedge funds and other institutional investors own 82.97% of the company’s stock.

About Eaton

Eaton (NYSE: ETN) is a diversified power management company that designs, manufactures and distributes products and systems to manage electrical, hydraulic and mechanical power. The company’s offerings are used to improve energy efficiency, reliability and safety across a wide range of applications, with core capabilities in electrical distribution and control, industrial hydraulics and aerospace systems.

Its product portfolio includes switchgear, circuit breakers, transformers, power distribution units, uninterruptible power supplies and surge protection devices for electrical infrastructure, along with hydraulic pumps, valves and filtration systems for industrial and mobile equipment.