Eaton - ETN STOCK NEWS

Eaton (ETN) has achieved its first A rating from CDP, the world's leading environmental disclosure platform, marking its sixth consecutive year at Leadership Level. The company ranks among the top 2% of 22,400 companies that received a climate score, with only 2% earning an A rating.

This achievement highlights Eaton's commitment to greenhouse gas reduction and transparency in climate actions, having reported to CDP since 2006. The company, which generated revenues of nearly $25 billion in 2024, operates in more than 160 countries, focusing on intelligent power management solutions across various markets including data centers, utilities, industrial, commercial, aerospace, and mobility sectors.

Eaton (NYSE:ETN), an intelligent power management company, has scheduled its first quarter 2025 earnings announcement for Friday, May 2, 2025, before the New York Stock Exchange opens. The company will host a conference call at 11 a.m. Eastern time to discuss the results with securities analysts and institutional investors.

The conference call will be accessible through a live webcast on Eaton's website. The company, which reported revenues of nearly $25 billion in 2024, serves customers in more than 160 countries, focusing on power management solutions for various markets including data center, utility, industrial, commercial, machine building, residential, aerospace, and mobility sectors.

Eaton (ETN) has signed a strategic agreement with VSE Aviation, establishing VSE as the first authorized service center for Eaton's aerospace business across North and South America. The partnership, announced at MRO Americas in Atlanta, focuses on repair and overhaul services for Eaton's hydraulic components in large commercial transport and regional aircraft.

The collaboration addresses Eaton's need for an authorized independent repair station, ensuring official repair documentation and OEM spare parts usage. VSE Aviation will serve as both a primary service provider and overflow facility for Eaton's repair stations. The agreement allows VSE Aviation to maintain an independent spares inventory to ensure competitive turn-around-time (TAT).

VSE Aviation, already a distributor for Eaton's business and general aviation engine fuel pumps, will expand their partnership into hydraulics repair and overhaul. Eaton reported revenues of nearly $25 billion in 2024 and serves customers in more than 160 countries.

Eaton (NYSE:ETN) has completed the acquisition of Fibrebond for $1.4 billion. Fibrebond, based in Minden, Louisiana, specializes in designing and building pre-integrated modular power enclosures for data center, fiber, industrial, and utility markets.

The acquisition target is expected to generate $110 million in estimated 2025 adjusted EBITDA and has estimated revenues of $378 million for the 12 months ending February 28, 2025. The deal is expected to be neutral to Eaton's earnings per share in 2025.

This strategic acquisition positions Eaton as a one-stop shop for rapid power infrastructure deployment, enhancing their offerings with engineered-to-order power enclosures and service capabilities for data center, industrial, and utility customers.

Eaton (ETN) has unveiled a breakthrough innovation in wildfire prevention for utility distribution systems. The company's new HiZ Protect™ solution, developed in collaboration with the U.S. Army Corps of Engineers and National Renewable Energy Laboratory, addresses the challenge of detecting high-impedance (HiZ) powerline faults that could trigger wildfires.

The technology has demonstrated over 90% accuracy in detecting and de-energizing HiZ faults under lab-simulated conditions using real-world grid data. The solution incorporates integrated sensors, machine learning, and edge-based implementation, deployable in grid-edge monitoring devices like Eaton's Form-7 recloser controls.

Currently in pilot testing with multiple North American utilities, the technology was developed through extensive research at Eaton's Thomas A. Edison Test Center, analyzing various environmental conditions and fault signatures. The company reported revenues of nearly $25 billion in 2024 and serves customers in over 160 countries.

Eaton (NYSE:ETN) has been recognized as one of the World's Most Ethical Companies® for the 14th time by the Ethisphere Institute in 2025. The recognition, which evaluated 240+ proof points on ethics, compliance, governance, and environmental impact, included Eaton among 12 honorees in the industrial manufacturing sector out of 136 total honorees across 19 countries and 44 industries.

The assessment is based on Ethisphere's proprietary Ethics Quotient® and involves extensive qualitative analysis by expert panels. Joe Rodgers, Senior VP of Global Ethics and Compliance, emphasized the company's commitment to integrity and ethical practices. The intelligent power management company, which reported revenues of nearly $25 billion in 2024, serves customers in over 160 countries, focusing on data center, utility, industrial, commercial, aerospace, and mobility markets.

Eaton (NYSE:ETN) has announced a significant acquisition agreement to purchase Fibrebond for $1.4 billion. Fibrebond, based in Minden, Louisiana, specializes in designing and building pre-integrated modular power enclosures for data center, industrial, utility, and communications customers.

The acquisition target is expected to generate $378 million in revenues for the 12 months ending February 28, 2025, with an estimated $110 million in adjusted EBITDA for 2025. The transaction is anticipated to close in the third quarter of 2025 and is expected to be neutral to Eaton's earnings per share in 2025.

This strategic move strengthens Eaton's position in the multi-tenant data center market, with Fibrebond's engineered-to-order power enclosures offering faster deployment and cost advantages through off-site equipment installation and testing procedures.

Eaton (NYSE:ETN) has appointed Sergio Letelier as Senior Vice President of Corporate Development, Planning and Strategy, effective March 17, 2025. Letelier, who will report to CFO Olivier Leonetti and join the executive leadership team, will oversee Eaton's corporate strategy and global M&A activities.

Letelier joins from Hewlett Packard Enterprise, where he served as Senior Vice President and head of corporate development. He brings over 20 years of experience from various leadership roles at Hewlett Packard, including positions in M&A, transformation execution, and corporate ventures.

Eaton, an intelligent power management company, reported revenues of nearly $25 billion in 2024 and serves customers in more than 160 countries. The company focuses on products for data center, utility, industrial, commercial, machine building, residential, aerospace and mobility markets.

Eaton (NYSE:ETN) has announced an 11% increase in its quarterly dividend to $1.04 per ordinary share. The dividend will be payable on March 28, 2025, to shareholders of record as of March 10, 2025. This continues Eaton's remarkable track record of dividend payments, which dates back to 1923.

The company, specializing in intelligent power management, reported revenues of nearly $25 billion in 2024 and serves customers across more than 160 countries. Eaton focuses on products for various markets including data center, utility, industrial, commercial, machine building, residential, aerospace, and mobility sectors, while emphasizing environmental protection and sustainable power management solutions.