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Eaton Corporation, plc Ordinary Shares - ETN STOCK NEWS

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Eaton Corporation plc is a leading American-Irish multinational power management company, recognized globally for its innovative solutions in managing electrical, hydraulic, and mechanical power. Founded in 1911, and with its global headquarters in Dublin, Ireland, and a secondary administrative center in Beachwood, Ohio, Eaton has consistently positioned itself at the forefront of the power management industry.

With 2022 sales amounting to $20.75 billion, Eaton operates through several primary segments: Electrical Americas, Electrical Global, Aerospace, Vehicle, and eMobility. This diversified portfolio enables Eaton to cater to a wide range of end markets, including commercial vehicles, general aviation, trucks, data centers, utilities, and residential applications.

Eaton's recent achievements highlight its commitment to growth and innovation. The company has expanded its manufacturing capacity with a new state-of-the-art assembly plant in Santiago de los Caballeros, Chile, and a modern campus in Helsinki, Finland, to meet the rising demand for its products. These facilities focus on producing critical components like UPS systems and Bussmann series fuses, which are essential in data centers, renewable energy projects, industrial buildings, and electric vehicles.

In addition to facility expansions, Eaton is actively participating in the BIG LEAP project, an EU research initiative aimed at enhancing energy storage efficiency using second-life batteries from electric vehicles. This project underlines Eaton's dedication to sustainability and innovation in energy management.

Eaton also places a strong emphasis on sustainability and environmental stewardship. The company is dedicated to protecting the environment and improving the quality of life for people everywhere through its products and solutions. By capitalizing on global trends like electrification and digitalization, Eaton is accelerating the planet's transition to renewable energy sources and helping solve some of the most urgent power management challenges.

With over a century of experience, Eaton remains a trusted name, serving customers in more than 160 countries. The company reported revenues of $23.2 billion in 2023, showcasing its robust financial condition and commitment to innovation.

For more information, visit Eaton.com. Follow Eaton on LinkedIn.

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The Board of Directors of Eaton (NYSE:ETN) declared a quarterly dividend of $0.81 per share, payable on May 27, 2022, to shareholders of record by May 13, 2022. Eaton has consistently paid dividends since 1923. In 2021, the company reported revenues of $19.6 billion, reflecting its strong market presence in over 170 countries. Eaton focuses on sustainable power management, leveraging global trends in electrification and digitalization to drive renewable energy initiatives.

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Rand Capital Corporation (NASDAQ: RAND) announced the election of Cari Jaroslawsky to its Board of Directors, succeeding Allen F. Grum, whose term expired. With this appointment, the board now consists of five members, four of whom are independent. Robert M. Zak, Chair of the Board, highlighted Jaroslawsky's extensive operations and finance expertise as beneficial for the company's growth and investment initiatives. Jaroslawsky has over 25 years of experience in aerospace engineering and finance, currently serving at Eaton (NYSE: ETN) and previously as CFO at Servotronics.

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Eaton (NYSE:ETN) will announce its first quarter 2022 earnings on May 3, 2022, before the NYSE opens. A conference call will take place at 11 a.m. Eastern time on the same day to discuss the earnings results with analysts and investors. The call will be available via a live webcast on Eaton's website. Founded in 1911, Eaton reported $19.6 billion in revenues for 2021 and operates in over 170 countries. The company focuses on power management and sustainability, addressing global electrification and digitalization trends.

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Eaton has been awarded the 2021 Supplier of the Year by General Motors (GM) at its 30th annual awards ceremony in Phoenix, Arizona. This recognition highlights Eaton's commitment to innovative technologies and high-quality service, which have strengthened its 60-year partnership with GM. Out of 134 suppliers from 16 countries, Eaton excelled in performance criteria. The award underscores GM's focus on sustainability and collaboration within the industry.

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Eaton has appointed Heath Monesmith as the new president and COO of the Electrical Sector, effective July 5, 2022. Monesmith succeeds Uday Yadav, who is leaving to pursue other opportunities after 22 years with Eaton. Paulo Ruiz will take over Monesmith's previous role in the Industrial Sector. Arnold praised both Monesmith and Ruiz for their leadership skills and experience. Eaton reported revenues of $19.6 billion in 2021, serving customers in over 170 countries.

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Graham Corporation (NYSE: GHM) announces the appointment of Cari L. Jaroslawsky and Troy A. Stoner to its Board of Directors. This follows the voluntary retirements of James J. Malvaso and Gerard T. Mazurkiewicz. Jonathan W. Painter has been named as the new Chair of the Board. Jaroslawsky and Stoner bring extensive experience in the defense industry, enhancing the Board's expertise. The changes aim to support Graham’s transition from an energy-focused business to a diversified defense company, with expectations of driving growth and value for shareholders.

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Eaton, a power management company, announces participation of CEO Craig Arnold in the BofA Securities Global Industrials Conference on March 15 at 4:30 p.m. GMT in London. Arnold will engage in a fireside chat and address investor questions. A live webcast will be accessible on Eaton's Investor Relations website, with a replay available after the event. Eaton reported $19.6 billion in revenue for 2021 and is committed to sustainable power management, serving customers in over 170 countries.

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Eaton (NYSE: ETN) has declared a quarterly dividend of $0.81 per share, marking a 7% increase from the previous dividend. This dividend will be payable on March 31, 2022, to shareholders on record by March 11, 2022. Eaton has maintained a consistent dividend payment history since 1923, reflecting its commitment to shareholder return.

In 2021, Eaton reported revenues of $19.6 billion, serving customers globally in over 170 countries.

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Eaton (NYSE:ETN) will host its virtual annual investor conference on Tuesday, March 1, from 9 a.m. to 12 p.m. Eastern time. The meeting aims to discuss the company’s business prospects with securities analysts and institutional investors. Presenters will include Craig Arnold, Tom Okray, Harold Jones, Uday Yadav, and Heath Monesmith. The conference will be available via live webcast, with a replay also accessible on Eaton’s website. The company reported revenues of $19.6 billion in 2021 and operates in over 170 countries.

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FAQ

What is the current stock price of Eaton Corporation, plc Ordinary Shares (ETN)?

The current stock price of Eaton Corporation, plc Ordinary Shares (ETN) is $338.12 as of December 20, 2024.

What is the market cap of Eaton Corporation, plc Ordinary Shares (ETN)?

The market cap of Eaton Corporation, plc Ordinary Shares (ETN) is approximately 132.5B.

What does Eaton Corporation plc specialize in?

Eaton specializes in power management solutions, offering products and services across electrical, aerospace, vehicle, and eMobility segments.

Where is Eaton Corporation plc headquartered?

Eaton Corporation plc has its global headquarters in Dublin, Ireland, and a secondary administrative center in Beachwood, Ohio, USA.

What were Eaton's sales figures for 2022?

Eaton reported sales of $20.75 billion in 2022.

How long has Eaton Corporation plc been in business?

Eaton was founded in 1911, making it a century-old company with a long history in power management.

What are some recent developments at Eaton Corporation plc?

Recent developments include the opening of new manufacturing facilities in Santiago de los Caballeros, Chile, and Helsinki, Finland, and participation in the BIG LEAP project for energy storage innovation.

What is the BIG LEAP project?

The BIG LEAP project is an EU research initiative aimed at enhancing energy storage efficiency using second-life batteries from electric vehicles, with Eaton playing a key role in its development.

How does Eaton contribute to sustainability?

Eaton focuses on protecting the environment and improving quality of life through sustainable power management solutions, supporting the transition to renewable energy sources.

What are Eaton's main business segments?

Eaton operates through segments including Electrical Americas, Electrical Global, Aerospace, Vehicle, and eMobility.

How can I learn more about Eaton's products and services?

For more information on Eaton's products and services, visit their official website at www.eaton.com.

Where can I follow Eaton Corporation plc on social media?

You can follow Eaton Corporation plc on LinkedIn and other major social media platforms.

Eaton Corporation, plc Ordinary Shares

NYSE:ETN

ETN Rankings

ETN Stock Data

132.51B
394.35M
0.19%
84.87%
1.06%
Specialty Industrial Machinery
Misc Industrial & Commercial Machinery & Equipment
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United States of America
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