Eaton Dividends and Buybacks
Dividend criteria checks 4/6
Eaton is a dividend paying company with a current yield of 1.03% that is well covered by earnings. Next payment date is on 29th May, 2026 with an ex-dividend date of 8th May, 2026.
Key information
1.0%
Dividend yield
1.1%
Buyback Yield
| Total Shareholder Yield | 2.2% |
| Future Dividend Yield | 1.2% |
| Dividend Growth | 6.1% |
| Next dividend pay date | 29 May 26 |
| Ex dividend date | 08 May 26 |
| Dividend per share | n/a |
| Payout ratio | 40% |
Recent dividend and buyback updates
Recent updates
ETN: AI Data Center Ambitions Will Face Prolonged Boyd Integration Risks
Narrative Update on Eaton The analyst price target for Eaton has been adjusted modestly, with updated fair value moving to about $329 from roughly $331 as analysts factor in mixed target revisions around recent acquisitions and data center exposure. Analyst Commentary Recent research on Eaton reflects a split view.ETN: AI Data Center Hopes Will Be Tested By Boyd Execution Risks
Analysts have trimmed the Eaton price target by about $6 to reflect a lower assumed future P/E multiple of roughly 26x, while also factoring in updated views on revenue growth, margins and recent research that highlights both upside potential from data center exposure and mixed sentiment around the stock. Analyst Commentary Recent research on Eaton shows a split view, with some firms lifting price targets or initiating coverage positively, while others are dialing back expectations and highlighting risks around execution, valuation and future growth assumptions.
ETN: AI Data Center And Thermal Demand Will Drive Future Upside
Analysts have nudged Eaton's fair value estimate higher, with the updated price target moving from $483.16 to $491.40 as they factor in the Boyd Thermal acquisition, changes to P/E assumptions, and a refreshed view on revenue growth and profitability. Analyst Commentary Recent research updates show a mix of views on Eaton, with some firms trimming price targets and others lifting them or upgrading ratings following the Boyd Thermal acquisition and model refreshes.
ETN: Future Returns Will Reflect AI Power Demand And Vehicle Unit Exit
The analyst price target for Eaton edges slightly higher to about $408, as analysts balance a mix of recent target increases and cuts while keeping their core assumptions on growth, margins, and future P/E broadly intact. Analyst Commentary Recent research on Eaton shows a mixed but engaged analyst community, with several firms adjusting price targets in both directions and one major upgrade in rating.ETN: Future Returns Will Reflect AI Power Buildout And Vehicle Unit Exit
Analysts have inched their consolidated price target for Eaton higher to about $408, reflecting modest tweaks to revenue growth, margins, and future P/E assumptions after a mix of recent target raises and cuts across the Street. Analyst Commentary Recent research shows a split tape on Eaton, with some firms lifting price targets and ratings while others trim expectations around the edges.ETN: Future Returns Will Balance AI Power Demand And Vehicle Unit Review
Eaton’s updated analyst price target has edged slightly lower by about $0.26 to reflect modest tweaks to revenue growth, margins and future P/E assumptions, as analysts balance recent target cuts with ongoing interest in the company’s above market growth prospects highlighted in recent research. Analyst Commentary Recent Street research on Eaton reflects a mix of optimism on long term growth drivers and caution around valuation and earnings expectations.Earnings Update: Eaton Corporation plc (NYSE:ETN) Just Reported Its Yearly Results And Analysts Are Updating Their Forecasts
Feb 06
Eaton's Conservative Outlook Limits Upside
Feb 03ETN: AI Data Center Demand Will Drive Future Upside
Analysts have raised their Eaton fair value estimate by about $12 to $483. The revision reflects modestly higher revenue growth and future P/E assumptions, partly offset by slightly lower profit margin expectations and a slightly higher discount rate, as well as mixed recent price target moves and differing views on data center demand and acquisition synergies.ETN: AI Data Center Demand And Boyd Thermal Deal Will Drive Upside
Analysts have adjusted their price targets on Eaton, with changes such as Barclays moving to $350 and RBC Capital to $432. They cite a firmer demand backdrop tied to artificial intelligence driven orders and expectations around data center exposure and the Boyd Thermal acquisition, which together support a higher fair value estimate of about $470.67 per share in the latest update.ETN: Future Returns Will Be Driven By Data Center And Thermal Demand
Analysts have nudged their price target for Eaton modestly higher to about $432 per share from roughly $425, reflecting confidence in robust data center demand and anticipated synergies from the $9.5B Boyd Thermal acquisition, despite only a slight tweak to long term growth and margin assumptions. Analyst Commentary With the modestly higher price target, bullish analysts are emphasizing that Eaton's recent results and strategic moves justify a richer valuation multiple, particularly given the structural tailwinds in data center and thermal management demand.ETN: AI Data Center Demand And Boyd Deal Will Shape Outlook
We raise our Eaton price target by approximately $36 to about $337 per share, reflecting analysts' increased confidence in stronger long term revenue growth, modestly higher profitability, and sustained AI driven data center demand supported by recent price target hikes and upgrades. Analyst Commentary Recent Street research reflects a constructive yet increasingly nuanced view on Eaton, with higher price targets and ratings upgrades framed against growing scrutiny of valuation, execution risks, and the durability of AI driven demand.ETN: Future Returns Will Be Driven By Robust Data Center Demand
Eaton's fair value estimate has increased slightly to $410.77, a move analysts attribute to strong data center order growth and improving outlooks following recent earnings and acquisition updates. Analyst Commentary Recent Street research reflects a strong wave of optimism for Eaton.ETN: Future Performance Will Be Driven By Data Center Order Momentum
Eaton's analyst price target has been raised by analysts from $404.21 to $410.70, supported by improving confidence in data center order momentum and anticipated growth from recent acquisitions. Analyst Commentary Recent analyst activity around Eaton has highlighted a generally positive outlook, with several price target increases and upgrades reflecting renewed confidence in the company's growth trajectory and execution on strategic initiatives.ETN: Data Center Demand And Cyclical Recovery Will Support Measured Upside Ahead
The analyst price target for Eaton has been raised significantly from $412 to $495. This change reflects increased confidence among analysts due to improving earnings momentum, a positive AI-related demand outlook, and expectations for renewed growth in the company's more cyclical businesses.Expanding Electrical Americas And Data Centers Will Unlock New Markets
Eaton's analyst price target has increased from $398.71 to $404.21. This change reflects analysts' improved outlook amid stronger demand prospects and positive updates on valuation and sector growth trends.Expanding Electrical Americas And Data Centers Will Unlock New Markets
Eaton's analyst price target has increased notably from approximately $394 to nearly $399. This change reflects analysts' improved confidence following stronger AI capital expenditure trends and expectations for additional long-term growth in core business segments.Expanding Electrical Americas And Data Centers Will Unlock New Markets
Analysts’ bullish outlook on Eaton, driven by anticipated sector-wide earnings strength and higher valuation multiples, has resulted in the consensus price target holding steady at $390.35. Analyst Commentary Bullish analysts are raising price targets in anticipation of an upward bias to Eaton's earnings estimates and solid Q2 sector results.The Price Is Right For Eaton Corporation plc (NYSE:ETN)
Jul 14
Eaton (NYSE:ETN) Has A Pretty Healthy Balance Sheet
Jun 20Returns At Eaton (NYSE:ETN) Are On The Way Up
May 26Eaton Corporation: Powering Future Innovation
Apr 23Eaton: A Nice Deal, But Waiting To See Appeal
Mar 12Eaton: Still Pricey After DeepSeek Dive
Feb 01Eaton: Recent Correction Is A Buying Opportunity
Dec 31Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: ETN's dividends per share have been stable in the past 10 years.
Growing Dividend: ETN's dividend payments have increased over the past 10 years.
Dividend Yield vs Market
| Eaton Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (ETN) | 1.0% |
| Market Bottom 25% (US) | 1.4% |
| Market Top 25% (US) | 4.2% |
| Industry Average (Electrical) | 0.6% |
| Analyst forecast (ETN) (up to 3 years) | 1.2% |
Notable Dividend: ETN's dividend (1.03%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.4%).
High Dividend: ETN's dividend (1.03%) is low compared to the top 25% of dividend payers in the US market (4.22%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (39.7%), ETN's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (48%), ETN's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/05/04 03:55 |
| End of Day Share Price | 2026/05/01 00:00 |
| Earnings | 2025/12/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Eaton Corporation plc is covered by 52 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Eade | Argus Research Company |
| Mircea Dobre | Baird |
| Andrew Kaplowitz | Barclays |