28-Mar-2024
Here's How Much $100 Invested In Eaton Corp 15 Years Ago Would Be Worth Today
Benzinga (Tue, 26-Mar 5:30 PM ET)
Wells Fargo Reaffirms Their Hold Rating on Eaton (ETN)
TipRanks (Mon, 25-Mar 5:46 AM ET)
Eaton leads gains among large-cap industrials as stocks hit records
Seeking Alpha News (Sun, 24-Mar 12:53 PM ET)
Business Wire (Tue, 19-Mar 10:03 AM ET)
Eaton named one of the World's Most Ethical Companies for the 13th time by the Ethisphere Institute
Business Wire (Tue, 5-Mar 2:40 PM ET)
Eaton Increases Quarterly Dividend by 9%
Business Wire (Thu, 29-Feb 12:40 PM ET)
Business Wire (Tue, 20-Feb 8:35 AM ET)
Business Wire (Thu, 15-Feb 6:45 AM ET)
Eaton Modernizes Its Manufacturing Footprint With Two New Smart Factories
Business Wire (Mon, 12-Feb 4:05 PM ET)
Eaton Named to FORTUNE's 2024 World's Most Admired Companies List for Seventh Straight Year
Business Wire (Fri, 2-Feb 6:45 AM ET)
Eaton is a diversified power management company operating for over 100 years. The company operates through various segments, including electrical Americas, electrical global, aerospace, vehicle, and eMobility. Eaton's portfolio can broadly be divided into two halves. One part of its portfolio is housed under its industrial sector umbrella, which serves a large variety of end markets like commercial vehicles, general aviation, and trucks. The other portion is Eaton's electrical sector portfolio, which serves data centers, utilities, and the residential end market, among others. While the company receives favorable tax treatment with its Ireland domicile, most of its operations are in the U.S.
Eaton PLC trades on the NYSE stock market under the symbol ETN.
As of March 28, 2024, ETN stock price declined to $312.68 with 1,819,877 million shares trading.
ETN has a beta of 1.16, meaning it tends to be more sensitive to market movements. ETN has a correlation of 0.29 to the broad based SPY ETF.
ETN has a market cap of $124.45 billion. This is considered a Large Cap stock.
Last quarter Eaton PLC reported $6 billion in Revenue and $2.55 earnings per share. This beat revenue expectation by $57 million and exceeded earnings estimates by $.08.
In the last 3 years, ETN stock traded as high as $317.02 and as low as $122.50.
The top ETF exchange traded funds that ETN belongs to (by Net Assets): VTI, VOO, SPY, IVV, VTV.
ETN has outperformed the market in the last year with a price return of +92.9% while the SPY ETF gained +33.6%. ETN has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +30.2% and +4.1%, respectively, while the SPY returned +10.1% and +1.7%, respectively.
ETN support price is $310.56 and resistance is $318.24 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ETN stock will trade within this expected range on the day.