The latest trading day saw Eaton (ETN) settling at $282.31, representing a +1.69% change from its previous close.
The final trades of the day with CNBC's Melissa Lee and the Fast Money traders.
Stephanie Link, CIO at Hightower, joins CNBC's "Halftime Report" to detail her latest portfolio moves.
ETN stock is benefiting from rising demand for its products and expanding operations. Those who already own the stock should thus remain invested.
Today, Eaton Vance expanded its muni fund lineup with the launch of the Eaton Vance High Income Municipal ETF (EVYM). EVYM's objective is to generate a high degree of current income that is exempt from regular federal income tax.
Recently, Zacks.com users have been paying close attention to Eaton (ETN). This makes it worthwhile to examine what the stock has in store.
Eaton (ETN) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Eaton Corp. set record operating margins and earnings in 2024, with 2025 expected to continue this trend, albeit with slowing margin improvements. Despite a pullback due to DeepSeek news, fears of lower data center growth appear overblown, and Eaton remains exposed to strong secular trends. Eaton forecasts 7-9% sales growth and 12.6% EPS growth for 2025, but the stock's P/E of 27 is high relative to its growth rate.
Eaton Corporation plc (NYSE:ETN ) Q4 2024 Earnings Conference Call January 31, 2025 11:00 AM ET Company Participants Yan Jin - Senior Vice President, Investor Relations Craig Arnold - Chairman and Chief Executive Officer Paulo Ruiz - President and Chief Operating Officer Olivier Leonetti - Executive Vice President and Chief Financial Officer Conference Call Participants Chris Snyder - Morgan Stanley Andrew Obin - Bank of America Steve Tusa - JPMorgan Jeffrey Sprague - Vertical Research Deane Dray - RBC Nigel Coe - Wolfe Research Nicole DeBlase - Deutsche Bank Joe Ritchie - Goldman Sachs Scott Davis - Melius Research Julian Mitchell - Barclays Chad Dillard - Bernstein Andy Kaplowitz - Citi David Raso - Evercore ISI Phil Buller - Berenberg Operator Good day, and thank you for standing by. Welcome to the Eaton Fourth Quarter 2024, Earnings Results Conference Call.
Eaton Corporation plc's stock pullback offers a trading opportunity, and the author outlines clear target entries and exits. Eaton posted record Q4 earnings and cash flow, with sales up 5% and free cash flow up 27%, justifying a premium valuation. Segment performance was strong, particularly in the electrical and aerospace segments, while vehicle and e-mobility segments lagged.
Eaton Corporation ETN shares are trading lower on Friday after the company reported fourth-quarter 2024 results.
ETN's fourth-quarter earnings are better than expected. The company continues to receive orders, and its backlog rises.