Eaton Stock Price, News & Analysis

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.

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.