Eaton (ETN) closed at $348.18 in the latest trading session, marking a -0.09% move from the prior day. The stock's change was less than the S&P 500's daily gain of 0.4%. Elsewhere, the Dow saw an upswing of 0.09%, while the tech-heavy Nasdaq appreciated by 0.63%. Prior to today's trading, shares of the power management company had gained 5.95% over the past month. This has outpaced the Industrial Products sector's gain of 5.02% and the S&P 500's gain of 3.76% in that time. Market participants will be closel ...

STAMFORD, Conn. and HONG KONG, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Eaton Partners, one of the largest placement agents and fund advisory firms and a wholly-owned subsidiary of Stifel Financial Corp. (NYSE: SF), is pleased to have acted as the global exclusive placement agent for Hong Kong-headquartered MindWorks Capital ("MindWorks" or the "Firm"), for its fourth fund, MindWorks Ventures Fund IV L.P. ("Fund IV" or the "Fund"). Fund IV, alongside parallel and committed co-investment vehicles, held a final clos ...

Eaton (ETN) ended the recent trading session at $328.96, demonstrating a -1.22% swing from the preceding day's closing price. This move lagged the S&P 500's daily loss of 0.13%. On the other hand, the Dow registered a gain of 0.33%, and the technology-centric Nasdaq decreased by 0.39%. Prior to today's trading, shares of the power management company had gained 10.6% over the past month. This has outpaced the Industrial Products sector's gain of 5.55% and the S&P 500's gain of 2.43% in that time. The investm ...

The most recent trading session ended with Eaton (ETN) standing at $333.02, reflecting a +1.36% shift from the previouse trading day's closing. The stock outperformed the S&P 500, which registered a daily gain of 0.4%. Meanwhile, the Dow experienced a rise of 0.62%, and the technology-dominated Nasdaq saw an increase of 0.6%. Heading into today, shares of the power management company had gained 11.9% over the past month, outpacing the Industrial Products sector's gain of 3.68% and the S&P 500's gain of 1.71 ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Even though momentum is a popular stock cha ...

Large-cap stocks are present in almost every portfolio. They carry a well-established nature, have greater analyst coverage, and commonly pay dividends, all of which make them so popular. Of course, their steady nature may not appeal to all. Still, the decreased volatility large-caps possess is well worth it in the eyes of more conservative investors. For those seeking large-cap exposure, three stocks – Deckers Outdoor (DECK) , Eaton (ETN) , and UnitedHealth Group (UNH) – have all seen their near-term outlo ...

Core Viewpoint - Eaton Corporation (ETN) is trading at a premium valuation compared to its industry peers, with a forward 12-month Price/Earnings ratio of 26.68X, higher than the sector's 19.19X and the Manufacturing-Electronics industry's 22.78X [1] Financial Performance - Eaton's shares have increased by 44.2% over the past year, outperforming its industry, sector, and the Zacks S&P 500 Composite [2] - The company expects organic revenue growth of 8-9% and segment operating margins of 23.3-23.7% for 2024 [9] - Eaton's trailing 12-month return on assets is 10.62%, significantly above the industry average of 5.61% [12] - Adjusted earnings per share for 2024 are projected to be in the range of $10.65-$10.75, reflecting a 17% increase at the midpoint from the previous year [14] Strategic Initiatives - Eaton has a 10-year plan involving a $3 billion investment in R&D to develop sustainable products and meet rising demand from various sectors [7] - The company completed three acquisitions in the first half of 2024, enhancing its Electrical Global and Electrical Americas business segments, which together account for nearly 70% of total revenues [10] - Eaton's backlog growth saw increases of 29% in Electrical Americas and 16% in Electrical Global on a rolling 12-month basis [11] Shareholder Value - Eaton has been increasing shareholder value through dividends and share repurchases, with a free cash flow expectation of $3.4-$3.6 billion for 2024, up from $2.9 billion in 2023 [16] - In the first half of 2024, the company repurchased 4.2 million shares for $1.34 billion and plans to repurchase between $1.5-$2.5 billion in 2024 [17] - The current annual dividend is $3.76 per share, yielding 1.25%, which is better than the industry's yield of 0.55% [18] Market Position - Eaton's diversified product portfolio and global presence, supplying products to around 175 countries, provide stability in revenue generation [8] - The company is well-positioned to capture a significant share of orders from data centers, commercial, institutional, and industrial customers through new product development [7] - Given the positive movement in earnings estimates, strong return on assets, and rising free cash flow, the premium valuation of Eaton is deemed justified [20]

Eaton (ETN) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Shares of this power management company have returned -0.4% over the past month versus the Zacks S&P 500 composite's +4% change. The Zacks Manufacturing - Electronics industry, to which Eaton belongs, has remained unchanged over this period. Now the key question is: Where could the stock be headed in the near term? Whi ...

Eaton Corporation plc (ETN) has collaborated with Tesla Inc. (TSLA) to boost home energy storage and solar installations. Per this collaboration, Tesla's Powerwall will support Eaton's new AbleEdge smart breakers and make it easier for homeowners to achieve intelligent load management that will help to optimize energy usage and extend the time of backup during a grid outage. Utilizing the joint expertise and expansive installed base of Eaton and Tesla, these companies are bringing energy storage with load m ...

The Industrial Products group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Has Eaton (ETN) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out. Eaton is one of 219 individual stocks in the Industrial Products sector. Collectively, these companies sit at #12 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst in ...