Eaton (NYSE:ETN) Now Covered by Analysts at JPMorgan Chase & Co.

Posted by Brenda Bartman on Nov 11th, 2026

Research analysts at JPMorgan Chase & Co. began coverage on shares of Eaton (NYSE:ETN – Get Free Report) in a report issued on Wednesday, Benzinga reports. The brokerage set a “neutral” rating and a $395.00 price target on the industrial products company’s stock. JPMorgan Chase & Co.‘s target price suggests a potential upside of 11.48% from the company’s previous close.

A number of other equities research analysts have also commented on the stock. Citigroup upped their price target on shares of Eaton from $485.00 to $498.00 and gave the company a “buy” rating in a report on Monday, October 12th. Jefferies Financial Group initiated coverage on shares of Eaton in a research report on Wednesday. They issued a “neutral” rating and a $395.00 price objective on the stock. HSBC boosted their price objective on shares of Eaton from $440.00 to $460.00 and gave the company a “buy” rating in a research report on Monday, August 3rd. Morgan Stanley upped their price objective on shares of Eaton from $500.00 to $520.00 and gave the company an “overweight” rating in a research note on Friday, August 28th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and set a $534.00 target price (up from $509.00) on shares of Eaton in a report on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $476.86.

Check Out Our Latest Stock Analysis on ETN

Eaton Price Performance

ETN opened at $354.34 on Wednesday. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.23 and a quick ratio of 0.78. The stock’s 50 day simple moving average is $403.30 and its 200 day simple moving average is $396.80. The firm has a market cap of $137.66 billion, a price-to-earnings ratio of 35.40, a PEG ratio of 2.26 and a beta of 1.15. Eaton has a 1 year low of $311.92 and a 1 year high of $478.00.

Eaton (NYSE:ETN – Get Free Report) last announced its quarterly earnings data on Tuesday, November 3rd. The industrial products company reported $3.68 earnings per share for the quarter, beating the consensus estimate of $3.54 by $0.14. The firm had revenue of $8.95 billion during the quarter, compared to the consensus estimate of $8.53 billion. Eaton had a return on equity of 25.09% and a net margin of 12.18%. The business’s revenue was up 28.0% on a year-over-year basis. During the same quarter in the previous year, the company posted $3.07 earnings per share. As a group, analysts predict that Eaton will post 13.78 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Gerald Johnson purchased 130 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The shares were acquired at an average price of $455.90 per share, for a total transaction of $59,267.00. Following the completion of the acquisition, the director directly owned 1,829 shares in the company, valued at approximately $833,841.10. The trade was a 7.65% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.10% of the stock is owned by insiders.

Institutional Investors Weigh In On Eaton

Institutional investors and hedge funds have recently modified their holdings of the stock. Security National Bank of SO Dak bought a new stake in shares of Eaton during the 2nd quarter valued at about $26,000. Manning & Napier Advisors LLC bought a new position in Eaton in the second quarter worth about $27,000. Curry Webb Wealth Management LLC bought a new position in Eaton in the third quarter worth about $29,000. CKW Financial Group lifted its holdings in Eaton by 1,825.0% in the third quarter. CKW Financial Group now owns 77 shares of the industrial products company’s stock worth $34,000 after buying an additional 73 shares during the period. Finally, North Point Portfolio Managers Corp OH purchased a new stake in Eaton in the third quarter worth about $34,000. 82.97% of the stock is owned by hedge funds and other institutional investors.

About Eaton

(Get Free Report)

Eaton is a global power management company that designs and manufactures products and services intended to help customers manage electrical, hydraulic and mechanical power. Founded in 1911, the company serves customers across a range of industries, including utilities, commercial buildings, data centers, aerospace and transportation. Its offerings include electrical distribution and circuit protection equipment, power quality and backup systems, and power management software and services. Eaton also makes aerospace components and systems, as well as products for vehicle powertrains and related applications.