Eaton (NYSE:ETN) Issues Q3 2026 Earnings Guidance

Eaton (NYSE:ETN) updated its third quarter 2026 earnings guidance on Friday morning. The company provided EPS guidance of 3.460-3.560 for the period, compared to the consensus earnings per share estimate of 3.510. The company issued revenue guidance of -. Eaton also updated its FY 2026 guidance to 13.400-13.600 EPS.

Wall Street Analysts Forecast Growth

ETN has been the subject of a number of research reports. Barclays boosted their target price on shares of Eaton from $340.00 to $392.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 6th. KeyCorp lifted their price objective on Eaton from $420.00 to $480.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. Erste Group Bank assumed coverage on Eaton in a research note on Tuesday, May 5th. They set a “buy” rating for the company. Wells Fargo & Company raised their target price on Eaton from $350.00 to $425.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. Finally, Evercore set a $453.00 price target on Eaton in a research note on Monday, May 11th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $423.00.

Eaton Price Performance

ETN stock opened at $415.24 on Friday. Eaton has a 1 year low of $311.92 and a 1 year high of $436.74. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.19 and a quick ratio of 0.75. The firm has a market capitalization of $161.24 billion, a PE ratio of 42.24, a price-to-earnings-growth ratio of 2.66 and a beta of 1.18. The business has a 50 day simple moving average of $404.88 and a 200-day simple moving average of $385.14.

Eaton (NYSE:ETN) last issued its earnings results on Friday, July 31st. The industrial products company reported $3.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.08 by $0.07. Eaton had a return on equity of 24.72% and a net margin of 13.99%.The company had revenue of $8.53 billion during the quarter, compared to analysts’ expectations of $8.16 billion. During the same period in the prior year, the business earned $2.95 EPS. The firm’s quarterly revenue was up 21.4% on a year-over-year basis. Eaton has set its Q3 2026 guidance at 3.460-3.560 EPS and its FY 2026 guidance at 13.400-13.600 EPS. Equities research analysts anticipate that Eaton will post 13.44 earnings per share for the current fiscal year.

Eaton Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 7th will be given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 1.1%. The ex-dividend date is Friday, August 7th. Eaton’s dividend payout ratio (DPR) is presently 43.01%.

Insider Buying and Selling

In related news, Director Dorothy C. Thompson sold 167 shares of the company’s stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $385.00, for a total value of $64,295.00. Following the transaction, the director directly owned 1,096 shares in the company, valued at approximately $421,960. This represents a 13.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Peter Denk sold 2,000 shares of Eaton stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $417.94, for a total value of $835,880.00. Following the completion of the sale, the insider owned 7,102 shares in the company, valued at $2,968,209.88. This represents a 21.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 21,028 shares of company stock worth $8,614,793 over the last ninety days. 0.10% of the stock is currently owned by insiders.

Key Headlines Impacting Eaton

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Quarterly results exceeded expectations. Eaton reported adjusted EPS of $3.15, up from $2.95 a year earlier and above the $3.08 consensus. Sales rose 21.4% year over year to approximately $8.5 billion, exceeding estimates near $8.16 billion. GAAP EPS was $2.11 after amortization, acquisition-related and restructuring charges. Eaton Q2 Earnings and Revenues Top Estimates
• Positive Sentiment: Electrical demand and data-center growth remain powerful catalysts. Management cited strong Electrical Americas performance, accelerating orders and backlog, data-center demand, acquisitions and solid Aerospace results. The company also raised its organic-growth outlook, signaling continued momentum in its core businesses. Eaton’s Q2 Earnings Beat on Strong Electrical Sales, Outlook Raised
• Positive Sentiment: Full-year guidance was raised above consensus. Eaton forecast FY 2026 adjusted EPS of $13.40-$13.60, compared with consensus of $13.34. Analysts at Zacks Research subsequently increased several 2027 and 2028 EPS estimates, reflecting confidence in longer-term earnings growth. Eaton Reports Record Second Quarter 2026 Results
• Neutral Sentiment: Near-term expectations are largely priced in. Third-quarter EPS guidance of $3.46-$3.56 centers on $3.51, approximately in line with consensus. Eaton’s valuation is also elevated, with a reported price-to-earnings ratio above 40, while unusually high put-option activity highlights some investor caution. Eaton Q2 2026 Earnings Call Transcript

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of ETN. Revolve Wealth Partners LLC grew its position in Eaton by 17.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 913 shares of the industrial products company’s stock valued at $303,000 after acquiring an additional 136 shares in the last quarter. Brighton Jones LLC grew its holdings in shares of Eaton by 1.4% in the fourth quarter. Brighton Jones LLC now owns 3,341 shares of the industrial products company’s stock valued at $1,109,000 after purchasing an additional 45 shares in the last quarter. Titleist Asset Management LLC increased its stake in Eaton by 5.6% during the 4th quarter. Titleist Asset Management LLC now owns 1,707 shares of the industrial products company’s stock worth $544,000 after buying an additional 90 shares during the period. Bank of Jackson Hole Trust lifted its holdings in Eaton by 1,474.1% during the 4th quarter. Bank of Jackson Hole Trust now owns 1,338 shares of the industrial products company’s stock worth $426,000 after buying an additional 1,253 shares in the last quarter. Finally, Wellspring Financial Advisors LLC acquired a new stake in Eaton during the 4th quarter worth approximately $367,000. 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.