Group 1 - Eaton Partners acted as the lead placement agent for Colbeck Capital Management, a prominent middle-market private credit firm focused on strategic lending [1] - Colbeck's third flagship fund, Colbeck Strategic Lending III, successfully raised $700 million in capital commitments, exceeding its target by 40%, bringing Colbeck's total invested and committed capital to $3 billion [2][3] - The strong support for the fund came from a diverse range of investors, including public and private pensions, insurance companies, endowments, foundations, consultants, registered investment advisors, and large family offices [2] Group 2 - Colbeck's Managing Partners expressed gratitude for the support received, indicating that it reflects investor confidence in their differentiated approach and the growing institutional appetite for specialized private credit strategies [3] - The all-cycle investment strategy employed by Colbeck was well-received by institutional investors, highlighting the effectiveness of their experienced team [3] - Eaton Partners has raised over $140 billion across more than 190 alternative investment funds since its founding in 1983, showcasing its significant role in capital placement and fund advisory [4]

Southern California Edison did not detect any electrical anomalies from its equipment in the hours before the outbreak of the Eaton Fire in the Los Angeles area, the CEO of the utility's parent company said Monday.Four transmission lines in the Eaton Canyon area showed no signs of interruptions or anomalies in the 12 hours prior to the fire's start time, the utility told the California Public Utilities Commission in an incident report.Electrical anomalies are typically seen when equipment sparks, Edison Int ...

Eaton Corporation (ETN) is trading above its 200-day simple moving average (SMA), signaling a bullish trend. Organic growth and continued investments in research and development of new products are assisting the company in providing efficient power management solutions to its clients.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.ETN’s 200-Day SMA ChartImage Source: Zacks Investment ResearchThe 200-day SMA is a key indicator for traders and analysts to identify support and resistan ...

Stock Performance - Eaton (ETN) closed at $348 56, up 1 75% from the previous session, outperforming the S&P 500's 0 55% gain [1] - The Dow dropped 0 06%, while the Nasdaq increased 1 24% [1] Earnings and Revenue Expectations - Eaton is expected to report an EPS of $2 82, a 10 59% increase year-over-year [2] - Revenue is anticipated to be $6 37 billion, a 6 72% rise compared to the same quarter last year [2] Analyst Estimates and Zacks Rank - Recent revisions to analyst estimates reflect short-term business trends, with positive changes indicating a favorable outlook on the company's health and profitability [3] - The Zacks Rank system, which integrates estimate changes, has a strong track record, with 1-ranked stocks delivering an average annual return of +25% since 1988 [4][5] - Eaton currently holds a Zacks Rank of 3 (Hold), and the Zacks Consensus EPS estimate has moved 0 02% lower over the past month [5] Valuation Metrics - Eaton's Forward P/E ratio is 28 26, higher than the industry average of 21 42 [6] - The PEG ratio is 2 28, compared to the industry average of 1 8, indicating a premium valuation relative to expected earnings growth [6] Industry Overview - The Manufacturing - Electronics industry, part of the Industrial Products sector, has a Zacks Industry Rank of 91, placing it in the top 37% of all industries [7] - The top 50% of industries outperform the bottom half by a factor of 2 to 1, as measured by the Zacks Industry Rank [7]

Core Viewpoint - Eaton's stock performance has shown a slight increase recently, but it has underperformed compared to the broader market and its sector over the past month [1] Financial Performance - Upcoming financial results are expected to show an EPS of $2.82, reflecting a 10.59% increase year-over-year, with revenue projected at $6.37 billion, indicating a 6.72% growth [2] - For the full year, earnings are projected at $10.80 per share and revenue at $25.01 billion, representing increases of 18.42% and 7.8% respectively from the previous year [3] Analyst Estimates - Recent changes in analyst estimates indicate a positive outlook for Eaton's business operations and profitability [4] - The Zacks Consensus EPS estimate has seen a slight upward adjustment of 0.02% over the past month, with Eaton currently holding a Zacks Rank of 3 (Hold) [6] Valuation Metrics - Eaton has a Forward P/E ratio of 31.03, which is higher than the industry average of 22.67, suggesting that the company is trading at a premium [7] - The PEG ratio for Eaton stands at 2.54, compared to the Manufacturing - Electronics industry average of 2.06, indicating a higher valuation relative to expected earnings growth [8] Industry Context - The Manufacturing - Electronics industry, part of the Industrial Products sector, has a Zacks Industry Rank of 146, placing it in the bottom 42% of over 250 industries [8][9]

The industrials sector has been in a period of contraction for most of 2023 and 2024, with sharply mixed performance among different companies during that time. Some firms have thrived, like power management giant Eaton Corp. plc NYSE: ETN, with its nearly 50% returns in the year leading to December 13, 2024. On the other hand, even some of the sector's stalwarts have seen share prices decline during this period as well. The Boeing Co. NYSE: BA is an example on the latter end of the spectrum; its stock has ...

Eaton Corporation’s (ETN) shares have gained 9.9% year to date compared with the Zacks Manufacturing-Electronics industry’s growth of 4%. Organic growth and continued investment in research and development of new products are assisting the company in providing efficient power management solutions to its clients.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. The power management company operates in more than 175 countries across the globe, and an ongoing improvement in the end mark ...

Eaton Corporation (ETN) reported better-than-expected third-quarter 2024 earnings per share on Oct. 31. Earnings and revenues increased 15% and 7.9%, respectively, year over year. The third-quarter year-over-year revenue growth was entirely driven by organic sales growth, which was partially offset by the adverse impact of Hurricane Helene and labor strikes in the aerospace industry.ETN has been reporting strong earnings results, courtesy of solid financial and operational performance from most of its segme ...

Portfolio Management Strategy - The individual has 22 years of experience in the energy industry, with roles in engineering, planning, and financial analysis, and has been managing their own portfolio since 1998 [1] - The portfolio management goal is to match the S&P 500 return over the long term with lower volatility and higher income [1] - The investment strategy focuses on long-term holdings unless there is a compelling reason to sell, with a preference for buying when the price is low relative to intrinsic value to maximize total return over time [1] - Investment opportunities are considered without regard to asset class, market cap, sector, or yield [1] Analyst's Position and Disclosure - The analyst holds a beneficial long position in ETN through stock ownership, options, or other derivatives [2] - The article expresses the analyst's own opinions and is not influenced by compensation or business relationships with any mentioned companies [2]

Eaton (ETN) reported $6.35 billion in revenue for the quarter ended September 2024, representing a year-over-year increase of 7.9%. EPS of $2.84 for the same period compares to $2.47 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $6.37 billion, representing a surprise of -0.35%. The company delivered an EPS surprise of +1.43%, with the consensus EPS estimate being $2.80.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how th ...