속보 • May 20
Eaton Sets Q1 Records With AI Demand But Faces Margin Pressures and Guidance Questions Eaton reported record Q1 2026 results, with adjusted EPS of $2.81 ahead of analyst estimates of $2.74 and revenue of $7.45b, supported by strong performance in Electrical Americas, Electrical Global and Aerospace.
The company raised its 2026 organic growth outlook to a range of 9% to 11%, cited strong AI data center demand and a larger order backlog, but also flagged near-term margin pressures from acquisitions, restructuring and capacity expansions.
Eaton completed about $11b in acquisitions focused on AI-related and higher-margin markets and plans to spin off its Mobility segment by the end of Q1 2027. The stock fell after management issued softer Q2 and full-year guidance and investors questioned valuation and reliance on AI-driven demand.
The story here is a company with strong reported results and a growing AI and electrification order book, with investor attention shifting to cost pressures, guidance and how much is already priced into the stock.
Key questions for you are how comfortable you are with Eaton’s dependence on AI data center spending, the timing and execution risk around the Mobility spin-off, and the potential impact of acquisition and expansion costs on margins over the next few quarters. Recent Insider Transactions • May 11
President & COO of Electrical Sector recently sold US$7.5m worth of stock On the 6th of May, Heath Monesmith sold around 18k shares on-market at roughly US$409 per share. This transaction amounted to 26% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$13m more than they bought in the last 12 months. Price Target Changed • May 09
Price target increased by 7.3% to US$445 Up from US$415, the current price target is an average from 28 analysts. New target price is 12% above last closing price of US$399. Stock is up 30% over the past year. The company is forecast to post earnings per share of US$11.63 for next year compared to US$10.48 last year. Reported Earnings • May 06
First quarter 2026 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2026 results: EPS: US$2.23 (down from US$2.46 in 1Q 2025). Revenue: US$7.45b (up 17% from 1Q 2025). Net income: US$866.0m (down 10% from 1Q 2025). Profit margin: 12% (down from 15% in 1Q 2025). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 4.3%. Earnings per share (EPS) missed analyst estimates by 9.8%. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electrical industry in the US. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. 공시 • May 06
Eaton Corporation plc Provides Earnings Guidance for the Second Quarter Ending June 30, 2026 and for Full Year Ending December 31, 2026 Eaton Corporation plc provided earnings guidance for the second quarter ending June 30, 2026 and for full year ending December 31, 2026. For the quarter, the company expects Net income per share attributable to Eaton ordinary shareholders - diluted to be between $2.29 and $2.39
For the full year, the company expects Net income per share attributable to Eaton ordinary shareholders - diluted to be between $10.88 and $11.33. Declared Dividend • Apr 24
Fourth quarter dividend of US$1.10 announced Shareholders will receive a dividend of US$1.10. Ex-date: 8th May 2026 Payment date: 29th May 2026 Dividend yield will be 1.0%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (48% cash payout ratio). The dividend has increased by an average of 7.2% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 51% over the next 3 years, which should provide support to the dividend and adequate earnings cover. 공시 • Apr 24
Eaton Declares Quarterly Dividend, Payable May 29, 2026 The Board of Directors of Eaton declared a quarterly dividend of $1.10 per ordinary share. The dividend is payable May 29, 2026, to shareholders of record at the close of business on May 8, 2026. 공시 • Apr 21
Eaton Corporation plc to Report Q1, 2026 Results on May 05, 2026 Eaton Corporation plc announced that they will report Q1, 2026 results Pre-Market on May 05, 2026 공시 • Mar 16
Eaton Corporation plc, Annual General Meeting, Apr 22, 2026 Eaton Corporation plc, Annual General Meeting, Apr 22, 2026. Location: eaton house, 30 pembroke road, dublin 4, d04 y0c2, ireland Ireland 공시 • Mar 13
Eaton Corporation plc (NYSE:ETN) completed the acquisition of Thermal Business of LTI Holdings Inc. Eaton Corporation plc (NYSE:ETN) signed a definitive agreement to acquire Thermal Business of LTI Holdings Inc. for $9.5 billion on November 2, 2025. The transaction is subject to customary closing conditions, including the receipt of required regulatory approvals. As per the transaction, Eaton Corporation plc obtain a senior unsecured delayed draw term loan facility in an amount of up to $8 billion on the terms set forth in this Agreement, (ii) increase the aggregate committed amounts under the existing revolving credit agreement from $3 billion to $4 billion (the “revolving credit facility increase”), (iii) pay the acquisition consideration and (iv) pay the fees, costs and expenses incurred in connection with the foregoing. The transaction is expected to close in the second quarter of 2026.
Goldman Sachs & Co. LLC acted as lead financial advisor and J.P. Morgan Securities LLC served financial advisor to Boyd Corporation and affiliates of Goldman Sachs. Davis Polk & Wardwell LLP is acting as legal advisor to Boyd. Jefferies LLC acted as financial advisor to Eaton Corporation plc. Dotun Obadina, Daniel Gerkin Laura Turano, Bonnie Chen, Christopher Gonnella, Christopher Wilson, Brian Krause, Peter Fisch Paul, and Stefanie Gitler of Weiss, Rifkind, Wharton & Garrison LLP acted as a advisor to Eaton.
Eaton Corporation plc (NYSE:ETN) completed the acquisition of Thermal Business of LTI Holdings Inc. on March 12, 2026. As per the transaction, Doug Britt, chief executive officer, Boyd Corporation and its team will join Eaton Corporation plc. Eaton expects Boyd Thermal to be accretive to adjusted earnings in year two after closing. Boyd Thermal will be reported within the Electrical Global business segment. Recent Insider Transactions • Mar 06
Insider recently sold US$1.3m worth of stock On the 2nd of March, Mike Yelton sold around 3k shares on-market at roughly US$374 per share. This transaction amounted to 40% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of US$22m more than they bought in the last 12 months. Declared Dividend • Mar 02
Fourth quarter dividend increased to US$1.10 Dividend of US$1.10 is 5.8% higher than last year. Ex-date: 10th March 2026 Payment date: 27th March 2026 Dividend yield will be 1.1%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 6.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 43% over the next 3 years, which should provide support to the dividend and adequate earnings cover. 공시 • Feb 27
Eaton Corporation plc Declares Quarterly Dividend, Payable on March 27, 2026 The Board of Directors of Eaton Corporation plc declared a quarterly dividend of $1.10 per ordinary share, an increase of 6% over its last quarterly dividend. The dividend is payable March 27, 2026, to shareholders of record at the close of business on March 10, 2026. Recent Insider Transactions Derivative • Feb 13
CEO, President & Director notifies of intention to sell stock Paulo Sternadt intends to sell 11k shares in the next 90 days after lodging an Intent To Sell Form on the 12th of February. If the sale is conducted around the recent share price of US$390, it would amount to US$4.2m. For the year to December 2022, Paulo's total compensation was 16% salary and 84% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2025, Paulo's direct individual holding has increased from 22.81k shares to 26.71k. Company insiders have collectively sold US$48m more than they bought, via options and on-market transactions in the last 12 months. 공시 • Feb 05
Eaton Corporation plc Provides Earnings Guidance for the First Quarter and Full Year of 2026 Eaton Corporation plc provided earnings guidance for the first quarter and full year of 2026. For the quarter, the company expects Organic growth of 5% to 7% and Earnings per share between $2.29 and $2.49.
For the full year 2026, the company anticipates Organic growth of 7% to 9% and Earnings per share between $11.57 and $12.07. Reported Earnings • Feb 05
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: US$10.48 (up from US$9.54 in FY 2024). Revenue: US$27.4b (up 10% from FY 2024). Net income: US$4.09b (up 7.7% from FY 2024). Profit margin: 15% (in line with FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.1%. Revenue is forecast to grow 8.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electrical industry in the US. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. 공시 • Jan 24
Eaton Corporation plc (NYSE:ETN) completed the acquisition of Ultra PCS Limited from Cobham Ultra Us Coborrower Llc. Eaton Corporation plc (NYSE:ETN) signed an agreement to acquire Ultra PCS Limited from Cobham Ultra Us Coborrower Llc for $1.6 billion on June 16, 2025. A cash consideration of $1.55 billion will be paid by Eaton Corporation plc. As part of consideration, $1.55 billion is paid towards common equity of Ultra PCS Limited.
The transaction is subject to customary closing conditions and regulatory approvals, is expected to close in the first half of 2026.
Phil Cheveley, Catherine J. Dargan, Andrew (Drew) Fischer, Guy Dingley, Ansgar A. Simon, Antonio Michaelides, Megan E. Woodford, Anne Y. Lee, Christian Ahlborn, Ross A. Demain, Melissa Van Schoorisse and Ross Evans of Covington & Burling Llp acted as legal advisor to Eaton Corporation plc. Barry Fishley, Brianne Kucerik, Hayley Lund, Jakub Wronski, John O'Loughlin, Lewis Blakey, Nafees Saeed, Oliver Walker, Timothy C. Welch, James Crook, Laura Murray, Rob Meyer, Eithne Bloice-Sanders, Chris Thomas, Matthew Gibbon, Chloe Kite and Mark Taylor of Weil, Gotshal & Manges (London) LLP acted as legal advisor to Cobham Ultra U.S. Co-Borrower LLC. J.P. Morgan Securities LLC acted as financial advisor to Advent International, ultimate parent of Cobham Limited.
Eaton Corporation plc (NYSE:ETN) completed the acquisition of Ultra PCS Limited from Cobham Ultra Us Coborrower Llc on January 23, 2026. 공시 • Jan 20
Eaton Corporation plc to Report Q4, 2025 Results on Feb 03, 2026 Eaton Corporation plc announced that they will report Q4, 2025 results Pre-Market on Feb 03, 2026 공시 • Nov 05
Eaton Corporation plc (NYSE:ETN) signed a definitive agreement to acquire Thermal Business of LTI Holdings Inc. for $9.5 billion. Eaton Corporation plc (NYSE:ETN) signed a definitive agreement to acquire Thermal Business of LTI Holdings Inc. for $9.5 billion on November 3, 2025. The transaction is subject to customary closing conditions, including the receipt of required regulatory approvals. The transaction is expected to close in the second quarter of 2026.Goldman Sachs & Co. LLC acted as lead financial advisor and J.P. Morgan Securities LLC served financial advisor to Boyd Corporation and affiliates of Goldman Sachs. Davis Polk & Wardwell LLP is acting as legal advisor to Boyd. Jefferies LLC acted as financial advisor to Eaton Corporation plc. Reported Earnings • Nov 04
Third quarter 2025 earnings: EPS and revenues miss analyst expectations Third quarter 2025 results: EPS: US$2.60 (up from US$2.54 in 3Q 2024). Revenue: US$6.99b (up 10% from 3Q 2024). Net income: US$1.01b (flat on 3Q 2024). Profit margin: 14% (down from 16% in 3Q 2024). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.3%. Earnings per share (EPS) also missed analyst estimates by 5.3%. Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electrical industry in the US. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has increased by 34% per year, which means it is tracking significantly ahead of earnings growth. 공시 • Nov 04
Eaton Corporation plc Provides Earnings Guidance for the Fourth Quarter and Full Year 2025 Eaton Corporation plc provided earnings guidance for the fourth quarter and full year 2025. For the quarter, the company expects Organic growth of 10%-12%. Earnings per share between $2.75 and $2.95.
For the year, the company expects Organic growth of 8.5% -9.5%. Earnings per share between $10.29 and $10.49. Declared Dividend • Oct 24
Second quarter dividend of US$1.04 announced Shareholders will receive a dividend of US$1.04. Ex-date: 6th November 2025 Payment date: 21st November 2025 Dividend yield will be 1.1%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (40% earnings payout ratio) and cash flows (49% cash payout ratio). The dividend has increased by an average of 6.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 45% over the next 3 years, which should provide support to the dividend and adequate earnings cover. 공시 • Oct 22
Eaton Corporation plc Declares Quarterly Dividend, Payable on November 21, 2025 The Board of Directors of Eaton declared a quarterly dividend of $1.04 per ordinary share. The dividend is payable on November 21, 2025, to shareholders of record at the close of business on November 6, 2025. Eaton has paid dividends on its shares every year since 1923. 공시 • Oct 18
Eaton Corporation plc to Report Q3, 2025 Results on Nov 04, 2025 Eaton Corporation plc announced that they will report Q3, 2025 results Pre-Market on Nov 04, 2025 공시 • Oct 14
Eaton Unveils Next-Generation Architecture to Advance 800 VDC Power Infrastructure for AI Factories Eaton announced the delivery of a new reference architecture designed to accelerate the adoption of 800 VDC power in artificial intelligence (AI) data centers. Eaton's new design, built in support of the 800 VDC architecture announced by NVIDIA, leverages Eaton's innovative power management technology to protect and optimize high-density computing infrastructure and serves as a critical milestone in Eaton's grid-to-chip strategy for meeting the increasing energy demands of AI data centers. Eaton's new reference architecture is a key milestone in its collaboration with NVIDIA to accelerate 800 VDC power infrastructure in AI factories. Data center energy load growth, driven by increasingly demanding AI workloads, continues to expand beyond the limits of existing data center capabilities. NVIDIA is working with leading power, silicon and data center partners to pioneer the adoption of 800 VDC and help unlock new levels of scalability and energy optimization in AI factories. These next-generation systems, which feature power distribution integrated with energy storage, are uniquely positioned to handle the power demands of modern AI factories, delivering megawatt-scale rack power safely, efficiently and with minimal material and infrastructure costs. Eaton's reference design incorporates Eaton solutions with NVIDIA AI infrastructure. Eaton products featured in the design include supercapacitors for fast-cycle power backup; power distribution technology through busbar included in the ORV3 design; a hot aisle containment system to support busway and cable trays within the application; DC connectors and more. Eaton will showcase its latest developments for the 800 VDC architecture in booth A15 at the Open Compute Project Global Summit, taking place October 13-16, 2025, in San Jose, California. 공시 • Oct 06
Eaton Appoints Kaled Awada Executive Vice President and Chief Human Resources Officer, Effective October 6, 2025 Eaton announced that Kaled Awada has been named executive vice president and chief human resources officer, effective October 6, 2025. In this role, Awada will be responsible for leading Eaton’s global end-to-end talent strategy, encompassing leadership and organizational development, compensation and benefits, and employee experience from talent acquisition to retention. He will report to Paulo Ruiz, chief executive officer, and will join the company’s executive leadership team. Awada joins Eaton from PG&E, where he served as executive vice president and chief people officer and led people strategy including talent acquisition, total rewards, labor relations, coworker growth and development, and change management. Previously, he held the role of executive vice president and chief human resources officer for Tenneco, one of the world’s leading producers of automotive products. Before Tenneco, Awada led the human resources functions at Aptiv across multiple global divisions. He also previously spent nearly a decade at Eaton, holding roles of increasing responsibility across electrical, industrial, corporate and regional HR teams. Awada holds a Bachelor of Arts degree in Psychology with an emphasis in Organizational Management from The Ohio State University and certifications from CHRO Association and the Center of Executive Compensation. 공시 • Sep 09
Eaton Delivers Edge-Based Innovation to Help Mitigate the Impact of AI Power Bursting on Both Data Centers and the Grid Eaton announced that it has achieved an industry-first solution for identifying large fluctuations in energy demanded by artificial intelligence (AI) computing infrastructure, known as AI power bursts. Eaton's new edge-based solution, available via a firmware update for its Eaton Power Xpert quality (PXQ) event analysis system, helps detect potential subsynchronousoscillations (SSO) in data centers, enabling operators to more effectively protect critical infrastructure and enhance resiliency as AI energy needs grow. The increasing power requirements of AI data centers have given rise to the phenomenon of power bursting - un unforeseen spikes in energy usage due to the intensive computation needs of GPU servers powering AI workloads. SSO can cause severe, costly damage to both data center infrastructure and the grid, which may not be equipped to handle these large load swings, making it essential for operators to identify and mitigate SSO bursts before they lead to costly outages due to transformer overheating, ferro resonant damage and other impacts to equipment. Eaton's PXQ is a versatile power quality meter for switchgear, switchboards and power distribution units (PDUs) that integrates sophisticated edge analytics to streamline the identification and resolution of power quality events such as sags, swells, transients and harmonics. Now, through a PXQ meter remote firmware upgrade, customers can leverage their system to reliably detect SSO and allow operators to take preventive actions to resolve issues before they cause lasting damage to data centers and the grid. Eaton's grid-to-chip strategy uses intelligent power distribution systems, backup power solutions, digital offers and other technologies to help operators optimize white and gray space in AI data centers. Other key milestones in this approach include Eaton's recent announcement of its collaboration with NVIDIA to help lead the transition to 800 VDC power infrastructure to support 1 megawatt racks and beyond, as well as its collaboration with Siemens Energy for a fast-track approach to build data centers with integrated onsite power. Eaton will be showcasing its grid-to-chip solutions at Yotta 2025, Sept. 8-10 in Las Vegas in booth #319. Additionally, Eaton experts JP Buzzell and Peter De Bock, vice president of energy and cooling, will present in sessions at the conference on opportunities to meet AI data center energy challenges in an evolving landscape. 공시 • Aug 29
Eaton and ChargePoint Holdings, Inc. Launch Breakthrough Ultrafast DC V2X Chargers and Power Infrastructure to Accelerate the Future of EV Charging Eaton, together with ChargePoint Holdings, Inc. announced an ultrafast charging architecture with end-to-end power infrastructure for public charging and fleets. ChargePoint Express grid, powered by Eaton, is a vehicle-to-everything (V2X) capable solution that delivers up to 600kW of power for passenger EVs and can provide megawatt charging for heavy-duty commercial applications. The innovative integration of ChargePoint's Express chargers with Eaton's end-to-end electrical solutions delivers a powerful solution to overcome grid constraints, addressing the challenge of how to cost-effectively scale charging for the growing number of EVs entering service. By leveraging Eaton's Everything as a Grid approach and integrated V2X capabilities, the system can seamlessly synchronize onsite renewables, energy storage and vehicle batteries with local energy markets to help fleets significantly reduce fueling costs. When deployed at scale with participating utilities, the joint architecture can even help balance the electric grid. Eaton will custom engineer each Express configuration with comprehensive power infrastructure delivered site-ready with the option of a skid-mounted solution to expedite installation, reduce equipment requirements, and simplify connection to the grid and distributed energy resources (DERs). Eaton also plans to commercialize solid-state transformer technology in the next year through its recent acquisition of Resilient Power Systems Inc. to support DC applications in the EV market and beyond. The ChargePoint Express Grid, powered by Eaton, will debut at the RE+ trade show in Las Vegas where Eaton will demonstrate broad capabilities advancing electrification and energy transition in Booth #V8071. Additionally, Eaton's vice president of engineering and technology Luiz Huet de Bacellar will discuss the benefits of DC microgrids and how Eaton is working to advance safety standards for DC technologies during the conference. Express solutions will be available to order for select customers in the first quarter of 2026 in North America and Europe, with deliveries beginning in the second half of 2026. Learn more about the ChargePoint Express line of EV chargers. Recent Insider Transactions Derivative • Aug 08
Executive VP & CFO notifies of intention to sell stock Olivier Leonetti intends to sell 16k shares in the next 90 days after lodging an Intent To Sell Form on the 7th of August. If the sale is conducted around the recent share price of US$358, it would amount to US$5.7m. Since March 2025, Olivier has owned 3.07k shares directly. Company insiders have collectively sold US$88m more than they bought, via options and on-market transactions in the last 12 months. 공시 • Aug 08
Eaton Corporation plc (NYSE:ETN) completed the acquisition of Resilient Power Systems, Inc. Eaton Corporation plc (NYSE:ETN) signed an agreement to acquire Resilient Power Systems, Inc for approximately $150 million on July 11, 2025. Under the terms of the agreement, Eaton will pay $ 55 million of cash at closing and contingent future consideration and other payments that could reach $95 million based on 2025 through 2028 revenue performance, achievement of technology-based milestones, and in certain cases subject to management's continued employment with Eaton. The transaction is subject to customary closing conditions and is expected to close in the third quarter of 2025.
Dotun Obadina and Laura Turano of Paul, Weiss, Rifkind, Wharton & Garrison LLP acted as legal advisor to Eaton Corporation plc.
Eaton Corporation plc (NYSE:ETN) completed the acquisition of Resilient Power Systems, Inc on August 6, 2025. Reported Earnings • Aug 05
Second quarter 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Second quarter 2025 results: EPS: US$2.52. Revenue: US$7.03b (up 11% from 2Q 2024). Net income: US$982.0m (down 1.1% from 2Q 2024). Profit margin: 14% (down from 16% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates by 4.9%. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 9.1% growth forecast for the Electrical industry in the US. 공시 • Aug 05
Eaton Corporation plc Provides Earnings Guidance for the Third Quarter and Full Year 2025 Eaton Corporation plc provided earnings guidance for the third quarter and full year 2025. For the quarter, the company expects Organic growth of 8% -9% and Earnings per share between $2.58 and $2.64.
For the year, the company expects Organic growth of 8.5% -9.5% and Earnings per share between $10.41 and $10.61, up 11% at the midpoint over the prior year. Declared Dividend • Jul 27
First quarter dividend of US$1.04 announced Shareholders will receive a dividend of US$1.04. Ex-date: 7th August 2025 Payment date: 22nd August 2025 Dividend yield will be 1.0%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (49% cash payout ratio). The dividend has increased by an average of 7.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 38% over the next 3 years, which should provide support to the dividend and adequate earnings cover. 공시 • Jul 22
Eaton Corporation plc Announces Departure of Ernest Marshall as Executive Vice President and Chief Human Resources Officer, Effective September 30, 2025 Eaton Corporation plc announced that Ernest Marshall, Executive Vice President and Chief Human Resources Officer, will depart from the Company, effective September 30, 2025. 공시 • Jul 18
Eaton Corporation plc to Report Q2, 2025 Results on Aug 05, 2025 Eaton Corporation plc announced that they will report Q2, 2025 results Pre-Market on Aug 05, 2025 공시 • Jul 16
Eaton Corporation plc (NYSE:ETN) signed an agreement to acquire Resilient Power Systems, Inc. Eaton Corporation plc (NYSE:ETN) signed an agreement to acquire Resilient Power Systems, Inc on July 16, 2025.
The transaction is subject to customary closing conditions and is expected to close in the third quarter of 2025. 공시 • Jun 16
Eaton Corporation plc (NYSE:ETN) signed an agreement to acquire Ultra PCS Limited from Cobham Ultra Us Coborrower Llc for $1.6 billion. Eaton Corporation plc (NYSE:ETN) signed an agreement to acquire Ultra PCS Limited from Cobham Ultra Us Coborrower Llc for $1.6 billion on June 16, 2025. A cash consideration of $1.55 billion will be paid by Eaton Corporation plc. As part of consideration, $1.55 billion is paid towards common equity of Ultra PCS Limited.
The transaction is subject to customary closing conditions and regulatory approvals, is expected to close in the first half of 2026. Recent Insider Transactions Derivative • May 29
President exercised options to buy US$1.2m worth of stock. On the 20th of May, Paulo Sternadt exercised options to buy 4k shares at a strike price of around US$81.91, costing a total of US$300k. This transaction amounted to 16% of their direct individual holding at the time of the trade. Since September 2024, Paulo's direct individual holding has increased from 18.13k shares to 22.81k. Company insiders have collectively sold US$88m more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions Derivative • May 13
Chairman & CEO notifies of intention to sell stock Craig Arnold intends to sell 103k shares in the next 90 days after lodging an Intent To Sell Form on the 12th of May. If the sale is conducted around the recent share price of US$323, it would amount to US$33m. For the year to December 2018, Craig's total compensation was 6% salary and 94% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Craig's direct individual holding has decreased from 502.55k shares to 489.63k. Company insiders have collectively sold US$70m more than they bought, via options and on-market transactions in the last 12 months. Recent Insider Transactions • May 11
Chairman & CEO recently sold US$16m worth of stock On the 8th of May, Craig Arnold sold around 51k shares on-market at roughly US$305 per share. This transaction amounted to 9.4% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Craig has been a net seller over the last 12 months, reducing personal holdings by US$38m. Recent Insider Transactions Derivative • May 09
Chairman & CEO notifies of intention to sell stock Craig Arnold intends to sell 51k shares in the next 90 days after lodging an Intent To Sell Form on the 8th of May. If the sale is conducted around the recent share price of US$305, it would amount to US$16m. For the year to December 2018, Craig's total compensation was 6% salary and 94% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since December 2024, Craig's direct individual holding has increased from 502.55k shares to 540.69k. Company insiders have collectively sold US$54m more than they bought, via options and on-market transactions in the last 12 months. New Risk • May 04
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 44% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. This is currently the only risk that has been identified for the company. Reported Earnings • May 04
First quarter 2025 earnings: EPS in line with analyst expectations despite revenue beat First quarter 2025 results: EPS: US$2.46 (up from US$2.05 in 1Q 2024). Revenue: US$6.38b (up 7.3% from 1Q 2024). Net income: US$964.0m (up 17% from 1Q 2024). Profit margin: 15% (up from 14% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 2.0%. Earnings per share (EPS) were mostly in line with analyst estimates. Revenue is forecast to grow 7.8% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the Electrical industry in the US. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. 공시 • May 02
Eaton Corporation plc Provides Earnings Guidance for the Second Quarter and Full Year 2025 Eaton Corporation plc provided earnings guidance for the second quarter and full year 2025. For the quarter, the company anticipates Organic growth of 6-8% and Earnings per share between $2.35 and $2.45.
For the full year, the company anticipates Organic growth of 7.5-9.5% Earnings per share between $10.29 and $10.69, up 10% at the midpoint over the prior year. Declared Dividend • Apr 25
Fourth quarter dividend of US$1.04 announced Shareholders will receive a dividend of US$1.04. Ex-date: 5th May 2025 Payment date: 23rd May 2025 Dividend yield will be 1.4%, which is lower than the industry average of 2.2%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (46% cash payout ratio). The dividend has increased by an average of 7.8% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 37% over the next 3 years, which should provide support to the dividend and adequate earnings cover. 공시 • Apr 22
Eaton Declares Quarterly Dividend, Payable on May 23, 2025 Eaton declared a quarterly dividend of $1.04 per ordinary share. The dividend is payable May 23, 2025, to shareholders of record at the close of business on May 5, 2025. 공시 • Apr 21
Eaton Corporation plc to Report Q1, 2025 Results on May 02, 2025 Eaton Corporation plc announced that they will report Q1, 2025 results Pre-Market on May 02, 2025 공시 • Apr 02
Eaton Corporation plc (NYSE:ETN) completed the acquisition of Fibrebond Corporation from family. Eaton Corporation plc (NYSE:ETN) signed an agreement to acquire Fibrebond Corporation from family for $1.4 billion on March 11, 2025. A cash consideration of $1.4 billion will be paid by Eaton Corporation plc. As part of consideration, $1.4 billion is paid towards common equity of Fibrebond Corporation. The transaction, which is subject to customary closing conditions, is expected to close in the third quarter of 2025. Eaton expects the deal will be neutral from an earnings per share standpoint in 2025.
Caroline Phillips,Jessica Pisani,Matthew Dewitz,Bradd Williamson,Sandra Benjamin,Jason Cruis,Patrick English,Robert Frances,Aaron Friberg,Joshua Marnitz,Carrie Girgenti,Robert Brown II,Andrew Galdes,Kevin Chambers,Damara Chambers,Catherine Hein,Kyle Jefcoat,Kirsten Gaeta,Gary Boss,Alexander Traum,Stephanie Teicher, Laura Ferrell and Andrea Schwartzman of Latham & Watkins LLP and Jones Walker LLP acted as legal advisor to Fibrebond. Stephens Inc. acted as financial advisor to Fibrebond.
Eaton Corporation plc (NYSE:ETN) completed the acquisition of Fibrebond Corporation from family on April 1, 2025. 공시 • Mar 25
Eaton Announces Breakthrough, AI-Powered Innovation to Help Utilities Strengthen Wildfire Prevention Efforts Eaton announced a innovation strengthening wildfire prevention efforts on utility distribution systems. Achieved in collaboration with the U.S. Army Corps of Engineers (USACE) research and development arm, the U.S. Army Engineer Research and Development Center (ERDC), the National Renewable Energy Laboratory (NREL) and multiple North American utilities, the new Eaton HiZ Protect™? solution addresses a long-standing challenge for electric utilities: accurately and quickly detecting and mitigating high-impedance (HiZ) powerline faults that could potentiallyignite wildfires. Pilot projects with multiple North American utilities are underway to further refine the technology, which is expected to be first available in Eaton's Form 7 recloser controls. Existing grid protection technologies struggle to accurately prevent or identify HiZ faults, prompting utilities to resort to public safety power shutoffs during high-risk conditions. Eaton's HiZ Protect technology will help strengthen utility wildfire prevention efforts by automatically and accurately identifying and isolating these powerline faults. Under lab-simulated conditions and using real-world grid data from multiple utilities, the Eaton technology detected and de-energized HiZ faults with greater than 90% accuracy. HiZ faults, often caused by fallen trees or damaged insulators, are historically difficult to detect due to their low fault current levels and unique characteristics. Eaton's approach to identifying and mitigating high-im Pedance faults incorporates three novel elements including, integrated sensors, machine learning and edge-based implementation. The solution can be deployed in grid-edge monitoring and control devices such as Eaton's Form-7 recloser controls to provide high-fidelity data. This capability is critical in remote areas, where communication infrastructure is limited and the ability to rapidly respond to grid conditions is essential. The Eaton solution was developed through extensive research on the unique fault signatures of high-impedance events on the grid and precise measurement of variables such as tree species, soil types and environmental conditions. Hundreds of simulations and field experiments were conducted at Eaton's Thomas A. Edison Test Center in Franksville, Wisconsin. Eaton used the data to develop a novel machine learning algorithm capable of reliably predicting and reducing the potential for these powerline faults to initiate wildfires. The company is piloting the technology with utilities and across various geographic conditions to further refine and validate the technology. During the 2025 DistribuTECH conference in March 2025, Souvik Chandra, PhD, a senior specialist engineer at Eaton's Research Labs, will participate in a panel discussion on the strategies utilities are deploying to mitigate wildfire risks, including Eaton's novel fault detection technology. 공시 • Mar 17
Eaton Corporation plc, Annual General Meeting, Apr 23, 2025 Eaton Corporation plc, Annual General Meeting, Apr 23, 2025. Location: eaton house, 30 pembroke road, dublin 4, ireland, Ireland 공시 • Mar 11
Eaton Corporation plc (NYSE:ETN) signed an agreement to acquire Fibrebond Corporation for $1.4 billion. Eaton Corporation plc (NYSE:ETN) signed an agreement to acquire Fibrebond Corporation for $1.4 billion on March 11, 2025. A cash consideration of $1.4 billion will be paid by Eaton Corporation plc. As part of consideration, $1.4 billion is paid towards common equity of Fibrebond Corporation. The transaction, which is subject to customary closing conditions, is expected to close in the third quarter of 2025. Eaton expects the deal will be neutral from an earnings per share standpoint in 2025. 공시 • Mar 10
Eaton Names Sergio Letelier as Senior Vice President, Corporate Development, Planning and Strategy, Effective March 17, 2025 Eaton announced that Sergio Letelier has been named senior vice president, corporate development, planning and strategy, effective March 17, 2025. In this role, Letelier will be responsible for leading Eaton’s corporate strategy and global mergers and acquisitions activity, reporting to Olivier Leonetti, executive vice president and chief financial officer, and will join the company’s executive leadership team. Letelier joins Eaton from Hewlett Packard Enterprise, where he served as senior vice president and head of corporate development. There he was responsible for leading all corporate development and merger & acquisition strategy for the enterprise. Previously, he held several roles of increasing responsibility at Hewlett Packard over more than 20 years, including vice president, corporate securities and M&A, vice president, transformation execution and governance, and vice president, corporate, M&A and ventures. Letelier holds master’s degrees in finance, tax and strategy from HEC Paris, a master’s in tax and business law from University of Paris I Pantheon Sorbonne, a master’s in French and German business law from the University of Cologne, as well as an executive master’s in business administration from Quantic School of Business and Technology. Reported Earnings • Mar 03
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: US$9.54 (up from US$8.06 in FY 2023). Revenue: US$24.9b (up 7.3% from FY 2023). Net income: US$3.79b (up 18% from FY 2023). Profit margin: 15% (up from 14% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.1%. Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 8.3% growth forecast for the Electrical industry in the US. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 26% per year. 공시 • Feb 28
Eaton Corporation plc Declares Quarterly Dividend by 11%, Payable on March 28, 2025 The Board of Directors of intelligent power management company Eaton declared a quarterly dividend of $1.04 per ordinary share, an increase of 11% over its last quarterly dividend. The dividend is payable March 28, 2025, to shareholders of record at the close of business on March 10, 2025. Eaton has paid dividends on its shares every year since 1923. Recent Insider Transactions Derivative • Feb 27
Chairman & CEO exercised options and sold US$1.4m worth of stock On the 24th of February, Craig Arnold exercised options to acquire 5k shares at no cost and sold these for an average price of US$302 per share. This trade did not impact their existing holding. For the year to December 2018, Craig's total compensation was 7% salary and 93% other compensation. This indicates that these sales could comprise a meaningful part of their income for the year. Since March 2024, Craig's direct individual holding has decreased from 568.11k shares to 502.55k. Company insiders have collectively sold US$55m more than they bought, via options and on-market transactions in the last 12 months. Reported Earnings • Jan 31
Full year 2024 earnings: EPS misses analyst expectations Full year 2024 results: EPS: US$9.54 (up from US$8.06 in FY 2023). Revenue: US$24.9b (up 7.3% from FY 2023). Net income: US$3.79b (up 18% from FY 2023). Profit margin: 15% (up from 14% in FY 2023). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 1.1%. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Electrical industry in the US. Over the last 3 years on average, earnings per share has increased by 22% per year but the company’s share price has increased by 29% per year, which means it is tracking significantly ahead of earnings growth. 공시 • Jan 31
Eaton Corporation plc Provides Earnings Guidance for the First Quarter and Full Year 2025 Eaton Corporation plc provided earnings guidance for the first quarter and full year 2025. For the quarter, the company expects Organic growth of 5.5%-7.5% and Earnings per share between $2.30 and $2.40.
For the year, the company expects Organic growth of 7%-9% and Earnings per share between $10.60 and $11.00, up 14% at the midpoint over the prior year. 공시 • Jan 17
Eaton Corporation plc to Report Q4, 2024 Results on Jan 31, 2025 Eaton Corporation plc announced that they will report Q4, 2024 results Pre-Market on Jan 31, 2025 공시 • Dec 20
Eaton Announces Executive Changes Eaton announced that Lucy Clark Dougherty has been named general counsel, effective January 27, 2025. Dougherty will succeed Taras “Terry” Szmagala Jr. as executive vice president and chief legal officer upon his retirement, effective April 4, 2025. In this role, Dougherty will serve as counsel to Eaton’s executive management team and its Board of Directors, and will lead the company’s global Legal organization, including the Corporate Governance and Compliance functions. Dougherty will report to Paulo Ruiz, president and chief operating officer, Eaton, and will join the company’s executive leadership team upon her appointment to executive vice president and chief legal officer, effective April 5, 2025. Dougherty joins Eaton from Polaris, an American global powersports manufacturer, where she served as senior vice president, general counsel and secretary. In this role, she led the company’s global legal, government relations, trade, and product compliance organization and served as a member of the executive leadership team. Prior to this appointment, Lucy held various deputy general counsel and leadership roles with General Motors. Earlier in her career, Dougherty served as counsel inside the U.S. Department of Justice and as associate general counsel in the Office of Homeland Security before being named chief legal officer of the Department of Homeland Security and counsel to the secretary of Homeland Security. Dougherty holds a bachelor’s degree in history from Yale University, a master’s degree in history from the University of Virginia, and a Juris Doctor degree from the University of Michigan Law School. She currently serves on the board of directors of Hertz Global Holdings. Recent Insider Transactions Derivative • Dec 15
Lead Independent Director notifies of intention to sell stock Gregory Page intends to sell 10k shares in the next 90 days after lodging an Intent To Sell Form on the 13th of December. If the sale is conducted around the recent share price of US$356, it would amount to US$3.6m. Since March 2024, Gregory's direct individual holding has decreased from 54.62k shares to 51.42k. Company insiders have collectively sold US$87m more than they bought, via options and on-market transactions in the last 12 months. 
