Currently, there are 392.90M common shares owned by the public and among those 391.15M shares have been available to trade.
Insiders at the company have transacted a total of 0 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 0 of these insider trades were purchases, accounting for 0 shares. Insider sales of the common stock occurred on 0 occasions, with total insider shares sold totaling 0 shares.
The company’s stock has a 5-day price change of -2.90% and -24.94% over the past three months. ETN shares are trading -15.86% year to date (YTD), with the 12-month market performance down to -3.38% lower. It has a 12-month low price of $255.65 and touched a high of $379.99 over the same period. ETN has an average intraday trading volume of 3.05 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by -7.95%, -14.04%, and -14.54% respectively.
Institutional ownership of Eaton Corporation plc (NYSE: ETN) shares accounts for 83.52% of the company’s 392.90M shares outstanding.
It has a market capitalization of $109.45B and a beta (3y monthly) value of 1.08. The stock’s trailing 12-month PE ratio is 29.39, while the earnings-per-share (ttm) stands at $9.50. The company has a PEG of 2.62 and a Quick Ratio of 0.96 with the debt-to-equity ratio at 0.54. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.95% over the week and 3.24% over the month.
Earnings per share for the fiscal year are expected to increase by 11.31%, and 11.81% over the next financial year. EPS should shrink at an annualized rate of 11.20% over the next five years, compared to 12.57% over the past 5-year period.
Looking at the support for the ETN, a number of firms have released research notes about the stock. Melius stated their Hold rating for the stock in a research note on January 28, 2025, with the firm’s price target at $373. UBS coverage for the Eaton Corporation plc (ETN) stock in a research note released on November 13, 2024 offered a Buy rating with a price target of $431. Evercore ISI was of a view on November 13, 2024 that the stock is In-line, while Bernstein gave the stock Outperform rating on November 05, 2024, issuing a price target of $382. Citigroup on their part issued Buy rating on September 16, 2024.
