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Eaton introduces an advanced oxygen sensor for Boeing 737 NG / 737 MAX, approved by the FAA, offering increased accuracy and an extended warranty. The replacement sensor aims to enhance aircraft performance, reliability, and cost savings.
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Eaton, an intelligent power management company, has been recognized as one of the 2024 World’s Most Ethical Companies by Ethisphere for its best-in-class ethics, compliance, and governance practices. With only 136 companies honored globally, Eaton stands out for its commitment to integrity and values.
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Eaton (ETN) declares a quarterly dividend of $0.94 per share, a 9% increase from the previous quarter, payable on March 29, 2024. The company has a long history of paying dividends since 1923 and focuses on intelligent power management solutions for various markets. Eaton aims to drive the transition to renewable energy sources and sustainable power management practices.
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0.71%
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Eaton, an intelligent power management company, has been recognized by CDP for its environmental transparency efforts, maintaining an A- rating in the climate category for the fifth consecutive year. The company's commitment to sustainability and environmental stewardship is highlighted through its participation in CDP's disclosure practices, showcasing its dedication to addressing critical climate issues.
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2.68%
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Eaton, an intelligent power management company, is opening a new assembly plant in Santiago de los Caballeros, Dominican Republic, to meet increasing demand for its fuses. The project aims to boost supplies of Bussmann series fuses critical for electric vehicles, renewable energy, data centers, and industrial applications. Eaton's investment in North American manufacturing has reached nearly $750 million. The company plans to create 300 manufacturing jobs at the new facility, reflecting its commitment to sustainable energy solutions and technological advancements.
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0.63%
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Eaton earns Leadership Level designation from CDP for the fifth consecutive year, maintaining A- rating in climate category. The company continues to excel in environmental transparency and commitment to addressing critical climate issues.
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0.06%
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Eaton (ETN) embraces Industry 4.0 technology at new and legacy sites in Mexico and China. Smart factories to accelerate digitalization at other Eaton locations. Plans for three additional smart factories by 2024.
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Eaton has been recognized as one of the World’s Most Admired Companies by FORTUNE magazine for the seventh consecutive year. The company's chairman and CEO, Craig Arnold, expressed gratitude for the acknowledgment and highlighted their commitment to stakeholders and society. FORTUNE's assessment is based on surveys and ratings from industry executives, focusing on criteria such as investment value, quality of management and products, social responsibility, and talent attraction. Eaton, founded in 1911, reported revenues of $23.2 billion in 2023 and operates in over 160 countries.
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2.09%
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Eaton Corporation plc (NYSE:ETN) reported record earnings per share of $2.35 for the fourth quarter of 2023, with sales reaching $6.0 billion, a record and up 11% from the fourth quarter of 2022. Full year 2023 saw record earnings per share of $8.02 with 12% organic growth, and record adjusted earnings per share of $9.12, up 20% over 2022. Adjusted earnings per share for 2024 are expected to be between $9.95 and $10.35, up 11% at midpoint over 2023. The company anticipates organic growth of 6-8% and adjusted earnings per share to be between $2.21 and $2.31 for the first quarter of 2024.
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7.51%
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Eaton (ETN) achieves Certification for the Diversity Lab’s Mansfield Rule: Legal Department (MRLD) Edition 3.0, demonstrating commitment to inclusion and diversity. The company aims to strengthen the diversity of its team by considering historically underrepresented groups for leadership roles and career advancement opportunities.
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Eaton Corporation, plc Ordinary Shares
NYSE:ETN
ETN Rankings
ETN Stock Data
126.07B
397.60M
0.2%
85.99%
0.91%
Other Commercial and Service Industry Machinery Manufacturing
Manufacturing
United States of America
DUBLIN
About ETN
Eaton Corporation plc is an American-Irish multinational power management company with 2022 sales of $20.75 billion, founded in the United States with global headquarters in Dublin, Ireland, and a secondary administrative center in Beachwood, Ohio.