Eaton Corporation plc (ETN) Stock Price & Analysis
Eaton Corporation plc (ETN) closed at USD 368.99 on Thursday, October 22, 2026, down 6.33% on the day. The US market is currently closed (pre-market); this is not a live price.
The prior close was USD 393.94; the Oct 22, 2026 session ranged USD 362.57–380.65 on volume of 3,851,630 shares. Market capitalization is $143.32B, with a 52-week range of USD 311.92–478 (NYQ). Source: Nexqual, retrieved October 23, 2026 at 09:48 UTC.
Also available as compact Markdown for AI agents: nexqual.com/ETN.md
Key facts (ETN)
- Last four reported quarters (through Jun 30, 2026): revenue $30.0B, net income $3.83B (12.8% margin), free cash flow $3.93B (SEC filings).
- Valuation: P/E 37.4x (avg 31.8x at the last 3 fiscal year-ends), net debt $19.9B.
- 1 of 80 tracked superinvestors hold ETN (13F, Q3 2026): 0 new, 0 added, 1 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 6 Form 4 filings, $17.1M; 6 not under a Rule 10b5-1 plan ($17.1M); 3 by opportunistic insiders (3 outside 10b5-1 plans), 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Insider open-market purchases, last ~7 months: 2 Form 4 filings, $482K; 0 by opportunistic insiders, 0 by routine insiders.
- Analysts: Buy (mean 2.07 on a 1–5 scale) (28 analysts), mean target USD 485.47 (range 333–534).
- Total return with dividends: 1Y +0.2% vs S&P 500 +14.9%; 5Y +145.6% vs S&P 500 +80.3%.
- Next earnings: 2026-11-03, EPS estimate USD 3.55, revenue estimate $8.52B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (ETN)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $19.6B | $20.8B | $23.2B | $24.9B | $27.4B | $30.0B |
| Gross profit | $6.33B | $6.89B | $8.43B | $9.50B | $10.3B | — |
| Net income | $2.14B | $2.46B | $3.22B | $3.79B | $4.09B | $3.83B |
| EPS (diluted) | $5.34 | $6.14 | $8.02 | $9.50 | $10.45 | — |
| Free cash flow | $1.59B | $1.94B | $2.87B | $3.52B | $3.55B | $3.93B |
| Gross margin | 32.3% | 33.2% | 36.4% | 38.2% | 37.6% | — |
| Net margin | 10.9% | 11.9% | 13.9% | 15.3% | 14.9% | 12.8% |
| Revenue growth | +9.9% | +5.7% | +11.8% | +7.3% | +10.3% | — |
| Cash + short-term investments | $568M | $555M | $2.61B | $2.08B | $803M | — |
| Total debt | $8.58B | $8.65B | $9.27B | $9.15B | $9.89B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (ETN)
P/E 37.4x · P/S 4.8x · EV/Sales 5.4x · P/FCF 36.4x · P/B 7.1x · FCF yield 2.74% · Earnings yield 2.67% · Dividend yield (paid, TTM) 1.16% · Buyback yield (TTM) 0.39% · Net debt $19.9B · EV $163B
P/E at fiscal year-ends: Dec 2025 30.5x, Dec 2024 34.9x, Dec 2023 30.0x.
Superinvestors (SEC 13F-HR, Q3 2026) (ETN)
1 of 80 tracked investors hold ETN. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| David Katz | Matrix Asset Advisors | 0.03% | $327K | Reduced -11.6% |
Insider sales (SEC Form 4, open-market, last ~7 months) (ETN)
0 of 6 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-11 | Monesmith Heath B. | See Remarks below. | 18,036 | $8.3M | 24.8% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-08-04 | Wadecki Adam A | See Remarks below. | 525 | $231K | 33.2% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-22 | Thompson Dorothy C | Director | 167 | $64K | 4.8% | No | Too little history (no open-market trades in 2023) |
| 2026-05-13 | Galvao Antonio | See Remarks below. | 494 | $200K | 5.1% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-06 | Monesmith Heath B. | See Remarks below. | 18,367 | $7.5M | 25.6% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
| 2026-05-06 | Denk Peter | See Remarks below. | 2,000 | $836K | 22% | No | Opportunistic (traded every year 2023–2025, no repeating month) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Insider purchases (SEC Form 4, open-market, last ~7 months) (ETN)
2 purchases, $482K. Private placements, offerings, dividend reinvestment and employee stock purchase plan buys are excluded.
| Trade date | Insider | Role | Shares | Value | Avg price | Insider type |
|---|---|---|---|---|---|---|
| 2026-08-12…2026-08-13 | Johnson Gerald | Director | 200 | $92K | 460.81 | Too little history (no open-market trades in 2023 or 2024) |
| 2026-05-08…2026-05-11 | Johnson Gerald | Director | 961 | $390K | 406.03 | Too little history (no open-market trades in 2023 or 2024) |
Analysts (ETN)
Consensus Buy (mean 2.07 on a 1–5 scale), 28 analysts; mean target USD 485.47 (low 333, high 534).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-14 | RBC Capital | Target raised | Outperform | $512 → $526 |
| 2026-10-12 | Citigroup | Target raised | Buy | $485 → $498 |
| 2026-09-25 | Wells Fargo | Initiated | Overweight | $503 |
| 2026-09-08 | UBS | Upgrade | Neutral → Buy | $450 → $515 |
| 2026-08-28 | Morgan Stanley | Target raised | Overweight | $500 → $520 |
| 2026-08-11 | Evercore ISI Group | Target raised | Outperform | $502 → $515 |
| 2026-08-03 | Citigroup | Target raised | Buy | $471 → $485 |
| 2026-08-03 | RBC Capital | Target raised | Outperform | $484 → $512 |
| 2026-08-03 | BMO Capital | Target raised | Outperform | $477 → $487 |
| 2026-08-03 | Evercore ISI Group | Upgrade | In-Line → Outperform | $453 → $502 |
Total return (dividends reinvested) (ETN)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | +0.2% | +145.6% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | +0.2% | +19.6% |
| Volatility (annualized) | 40.4% | 28.6% |
| Max drawdown | -19.8% (Aug 2026→Oct 2026) | -34.4% (Nov 2024→Mar 2025) |
ETN revenue by business segment (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Electrical Americas | $3.95B | 46.3% | +17.9% |
| Electrical Global | $2.52B | 29.5% | +43.6% |
| Aerospace | $1.22B | 14.3% | +13.1% |
| Mobility | $841.0M | 9.9% | -0.5% |
| Total revenue | $8.53B | 100% | — |
ETN revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Systems | $2.81B | 32.9% | +10.8% |
| Product | $1.14B | 13.4% | +40.0% |
| Vehicle | $684.0M | 8.0% | +3.2% |
| E Mobility | $157.0M | 1.8% | -13.7% |
| Total revenue | $8.53B | 100% | — |
ETN revenue by region (fiscal year ended Dec 31, 2025)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| UNITED STATES | $17.12B | 62.4% | +13.0% |
| Europe | $5.08B | 18.5% | +12.1% |
| Asia Pacific | $2.70B | 9.9% | +10.0% |
| Latin America | $1.46B | 5.3% | -13.0% |
| Canada | $1.08B | 3.9% | +2.4% |
| Total revenue | $27.45B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
Companies that name ETN in their SEC reports
| Relationship to ETN | Company | Filing | Sentence |
|---|---|---|---|
| partner | ChargePoint Holdings, Inc. (CHPT) | 10-K Apr 2, 2026 | “ChargePoint's partnership with Eaton Corporation ("Eaton") is intended to create value by addressing the most significant barriers to large‑scale EV charging adoption: high deployment costs, infrastructure complexity, and grid integration challenges.” |
| customer | EMBRAER S.A. (EMBJ) | 20-F Mar 30, 2026 | “Garmin, the avionics systems supplier; and Eaton Corporation, the hydraulic systems supplier.” |
| partner | CUMMINS INC (CMI) | 10-K Feb 10, 2026 | “The Eaton Cummins Automated Transmission Technologies (ECJV) joint venture is a consolidated 50/50 joint venture between Cummins Inc. and Eaton Corporation plc. and serves markets in North America and China.” |
ETN analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $3.55 | $3.51 | +1.1% | $8.52B | 24 |
| Next quarter (ends Dec 2026) | $4.09 | $3.96 | +3.4% | $8.49B | 19 |
| Current fiscal year (ends Dec 2026) | $13.60 | $13.35 | +1.9% | $32.90B | 26 |
| Next fiscal year (ends Dec 2027) | $16.30 | $15.78 | +3.3% | $36.94B | 24 |
Key Statistics (as of October 23, 2026 at 09:48 UTC)
| Price | USD 368.99 |
|---|---|
| Change | ▼ 6.33% (down) |
| Previous Close | USD 393.94 |
| Open | USD 379.96 |
| Day Range | USD 362.57 – 380.65 |
| 52-Week Range | USD 311.92 – 478 |
| Volume | 3,851,630 shares |
| Market Cap | $143.32B |
| Exchange | NYQ |
Technical Analysis (ETN)
Nexqual's technical model rates ETN "SELL" based on 2 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 09:48 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 32.84 (neutral) |
| vs SMA50 | Below (USD 418.19) |
| MACD | -10.63 (negative) |
Analyst Ratings (ETN)
Wall Street analysts rate ETN "Buy" based on 28 analysts, with a mean price target of USD 485.47 (range USD 333–534), per Nexqual as of October 23, 2026 at 09:48 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 28 |
| Mean Target | USD 485.47 |
| High Target | USD 534 |
| Low Target | USD 333 |
| Buy / Hold / Sell | 23 / 4 / 1 |
Earnings (ETN)
| Next Earnings Date | 2026-11-03 |
|---|---|
| EPS Estimate | USD 3.55 |
| Revenue Estimate | $8.52B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 3.15 vs est 3.08 ▲ beat |
| 2026-03-31 | USD 2.81 vs est 2.73 ▲ beat |
| 2025-12-31 | USD 3.33 vs est 3.32 ▲ beat |
| 2025-09-30 | USD 3.07 vs est 3.05 ▲ beat |
Source: Nexqual, October 23, 2026 at 09:48 UTC.
Financials & Fundamentals (ETN)
| Total Revenue | $30.03B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +21.40% |
| Gross Margin | +36.02% |
| Operating Margin | +16.56% |
| Profit Margin | +12.75% |
| ROE | +19.68% |
| Debt / Equity | 1.05 |
| Current Ratio | 1.24 |
| Total Cash | $695.00M |
| Total Debt | $21.33B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $3.93B (13.1% of revenue) |
Source: Nexqual, October 23, 2026 at 09:48 UTC.
Financial Health Score (ETN)
Nexqual rates Eaton Corporation plc's overall financial health "Mixed" across five dimensions, as of October 23, 2026 at 09:48 UTC.
| Growth | Solid — Revenue +10% YoY (annual) |
|---|---|
| Profitability | Solid — Gross margin 36%, operating 17% (last 12 months) |
| Balance Sheet | Mixed — $695M cash and investments vs $20.6B debt (Jun 2026, SEC) |
| Cash Flow | Solid — FCF $3.93B (last 4 quarters to Jun 2026, SEC), 13% margin |
| Efficiency | Solid — ROE 20%, ROA 7.1% |
Ownership (ETN)
| Insider Ownership | +0.07% |
|---|---|
| Institutional Ownership | +87.89% |
| Shares Outstanding | 388.40M |
| Float | 387.71M |
| Short % of Float | +2.06% |
Source: Nexqual, October 23, 2026 at 09:48 UTC.
Leadership (ETN)
Eaton Corporation plc is led by Paulo Ruiz Sternadt, CEO & Director, per Nexqual as of October 23, 2026 at 09:48 UTC.
| CEO & Director | Paulo Ruiz Sternadt |
|---|---|
| President & COO of Electrical Sector | Heath B. Monesmith |
| Executive VP & CFO | David B. Foster |
| Senior Vice President of Investor Relations | Yan Jin |
| Vice President of Sales | Jimmy Yam |
Major Backers & Investors (ETN)
Notable institutional backers of Eaton Corporation plc include JPMorgan, Morgan Stanley, Bank of America Corporation, according to Nexqual as of October 23, 2026 at 09:48 UTC.
Active Investors
| Investor | Stake |
|---|---|
| JPMorgan | 4.32% |
| Morgan Stanley | 3.41% |
| Bank of America Corporation | 2.85% |
| FMR, LLC | 2.15% |
| Wellington Management | 1.76% |
| Fidelity | 1.3% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| Vanguard Group | 8.95% |
| BlackRock | 7.9% |
| State Street | 4.5% |
| Geode Capital | 2.31% |
Source: Nexqual, October 23, 2026 at 09:48 UTC.
Legal & Regulatory Risks from Eaton Corporation plc's Latest 10-K (filed 2026-02-26)
- Changes in countries' trade policies globally, including imposition of sanctions or tariffs, may have a material adverse impact on our business and results of operations.
- Changes in various countries' trade policies, including tariffs and duties, can materially increase costs for goods imported into the United States, which can lead to broader cost pressures even for goods that are not imported.
- We may be unable to adequately protect our intellectual property rights, which could affect our ability to compete.
- We are subject to litigation and environmental regulations that could adversely impact our businesses.
Source: SEC EDGAR 10-K, Item 1A, official filing.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| PH | Parker-Hannifin Corporation | USD 893.21 | ▼ 6.78% |
| GEV | GE Vernova Inc. | USD 827.42 | ▼ 10.64% |
| EMR | Emerson Electric Company | USD 160.29 | ▼ 1.73% |
| ITW | Illinois Tool Works Inc. | USD 279.24 | ▲ 0.88% |
| CMI | Cummins Inc. | USD 519.53 | ▼ 4.18% |
| AME | AMETEK, Inc. | USD 238.82 | ▼ 4.58% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 09:48 UTC. This page is informational and not investment advice.
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