Eaton Stock Price, News & Analysis

Eaton (NYSE:ETN) has announced its upcoming 2025 investor conference scheduled for Tuesday, March 11, 2025, from 2 p.m. to 5:30 p.m. Eastern time. The conference will feature presentations from key executives including CEO Craig Arnold, and will focus on discussing the company's business prospects with securities analysts and institutional investors.

The event will be accessible through a live webcast on Eaton's website, with a replay option available. The company, which reported revenues of nearly $25 billion in 2024, operates in multiple markets including data center, utility, industrial, aerospace, and mobility sectors. Eaton focuses on intelligent power management and serves customers in over 160 countries, with a commitment to sustainability and renewable energy transition.

Eaton (NYSE:ETN) announces a $340 million investment to establish its third U.S. manufacturing facility for three-phase transformers in Jonesville, South Carolina. The new facility, expected to begin operations in 2027, will create 700 local jobs and marks Eaton's eleventh facility in the state. This investment is part of Eaton's broader initiative, which has invested over $1 billion in North American manufacturing for electrical solutions since 2023.

The expansion aims to address critical transformer shortages and meet increasing demand from utility, commercial, industrial, and data center customers. The company will convert an existing facility into a state-of-the-art manufacturing site, supported by local, state, and federal economic development incentives. Eaton will continue operating its other three-phase transformer facilities in Wisconsin, while maintaining single-phase transformer production in Texas.

Eaton has been recognized on FORTUNE's World's Most Admired Companies list for the eighth consecutive year. Chairman and CEO Craig Arnold attributes this achievement to the company's values-based culture and their role in addressing global power challenges, particularly in electrification and renewable energy transition.

The recognition is based on comprehensive surveys and peer ratings from industry executives, directors, and financial experts, who evaluate companies across nine criteria including investment value, management quality, social responsibility, and talent attraction.

As an intelligent power management company, Eaton serves diverse markets including data centers, utilities, industrial, commercial, aerospace, and mobility sectors. With revenues of nearly $25 billion in 2024, the company operates in over 160 countries, focusing on sustainable business practices and helping customers manage power efficiently. Since its founding in 1911, Eaton has continuously adapted to meet stakeholder needs while advancing the global transition to renewable energy sources.

Eaton (NYSE:ETN) reported record fourth quarter 2024 results with earnings per share of $2.45, up 4% year-over-year, and adjusted EPS of $2.83, up 11%. The company achieved record fourth quarter sales of $6.2 billion, up 5% from 2023, with organic sales growth of 6%.

Notable achievements include record segment margins of 24.7%, representing a 190-basis point improvement, and strong backlog growth of 27% in Electrical and 16% in Aerospace segments. For full year 2024, Eaton posted record sales of $24.9 billion with 8% organic growth and record adjusted EPS of $10.80, up 18%.

Looking ahead to 2025, Eaton expects organic growth of 7-9%, with earnings per share guidance between $10.60-$11.00 and adjusted EPS of $11.80-$12.20, representing increases of 14% and 11% at midpoint, respectively.

Eaton (ETN) has been recognized among the top 10 of Resilinc's Top 30 Most Resilient Suppliers to the high-tech industry for the third consecutive year. The company earned this distinction for its exceptional supply chain resilience and risk management capabilities.

According to Rick Freeman, Resilinc's Directory of Advisory Services, Eaton's high performance is attributed to their transparency, collaboration, sub-tier supply chain mapping, and proactive risk mitigation. The company demonstrated strong capabilities in quickly responding to disruptions, maintaining supply continuity, and providing multi-tier supply chain intelligence.

The ranking was determined from an analysis of over 140,000 suppliers in the High-Tech, Electronics, Telecom, and Semiconductor supply chain, with quarterly updated metrics. Eaton's strong performance includes having backup sites and business continuity plans for accelerated recovery time. The company reported revenues of $23.2 billion in 2023 and serves customers in more than 160 countries.

Eaton (NYSE:ETN), an intelligent power management company, has scheduled its fourth quarter 2024 earnings announcement for January 31, 2025, before the NYSE opening. The company will host a conference call at 11 a.m. Eastern time to discuss the results with analysts and institutional investors.

A live webcast will be accessible through Eaton's website, where the call replay and news release will also be available. The company, founded in 1911 and NYSE-listed for over a century, reported revenues of $23.2 billion in 2023 and serves customers in more than 160 countries. Eaton focuses on power management solutions across various markets including data center, utility, industrial, commercial, aerospace, and mobility sectors.

Eaton (ETN) has secured a $20M contract to support the construction of NY CREATES' new NanoFab Reflection semiconductor research facility at its Albany NanoTech Complex. The facility will feature a 50,000 square-foot cleanroom dedicated to semiconductor R&D, with completion expected in 2026.

The project is partially funded by New York State, NY CREATES, industry partners, and the $52 billion U.S. CHIPS & Science Act. Eaton will provide low- and medium-voltage switchgear and implement its Brightlayer electrical power monitoring system across the complex. The facility will support next-generation nanotechnology research and house the CHIPS for America EUV Accelerator.

The expanded complex will strengthen NY CREATES' integrated ecosystem, supporting partners including IBM, Applied Materials, Tokyo Electron, ASML, and Lam Research. Eaton reported revenues of $23.2 billion in 2023.

Eaton is showcasing its AbleEdge home energy management system at CES 2025, demonstrating vehicle-to-home (V2H) and vehicle-to-grid (V2G) capabilities that enable electric vehicle batteries to power homes during outages. The system can provide 10-20 hours of home power using EV batteries, addressing the average 5.5 hours of annual power outages in U.S. homes.

The company is collaborating with Treehouse for installations and Munich Electrification for battery configuration switch development. The AbleEdge system allows interoperability with various distributed energy resources (DERs) while minimizing infrastructure upgrades. Eaton reported revenues of $23.2 billion in 2023 and operates in over 160 countries.

The technology will be demonstrated at CES 2025 booth 10341 and at Eaton's Pittsburgh Experience Center, featuring panel discussions on AI, energy infrastructure, and automotive cybersecurity.

Eaton is showcasing its AbleEdge home energy management system at CES 2025, demonstrating vehicle-to-home (V2H) and vehicle-to-grid (V2G) capabilities that enable electric vehicle batteries to power homes during outages. The system can provide 10-20 hours of home power using EV batteries, addressing the average 5.5 hours of annual power outages in U.S. homes.

The company is collaborating with automotive OEMs, energy storage, and solar providers to create interoperable solutions. Through partnership with Treehouse, Eaton is streamlining installations and avoiding costly electrical panel upgrades. The company has also partnered with Munich Electrification to develop a battery configuration switch for enhanced EV charging flexibility.

Eaton reported revenues of $23.2 billion in 2023 and serves customers in over 160 countries. The company will demonstrate its solutions at CES 2025 booth 10341 and its Pittsburgh Experience Center.