STOCK TITAN

Eaton Corporation, plc Ordinary Shares - ETN STOCK NEWS

Welcome to our dedicated page for Eaton Corporation, plc Ordinary Shares news (Ticker: ETN), a resource for investors and traders seeking the latest updates and insights on Eaton Corporation, plc Ordinary Shares stock.

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.

Rhea-AI Summary
Eaton (ETN) opens an Innovation Center near Montreal in Brossard, Quebec, to focus on digital technologies for distributed energy resources. The 35,000-square-foot space will accelerate research and development of DER technologies to enable sustainable electricity. Eaton is investing $3 billion in R&D by 2030, targeting sustainable solutions. The company will create approximately 150 specialized jobs in the region.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.84%
Tags
partnership
-
Rhea-AI Summary
Eaton (ETN) secures $15 million contract to support Miami-Dade County's South District Wastewater Treatment Plant expansion, enhancing sustainability, resilience, and safety of water treatment operations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.83%
Tags
none
-
Rhea-AI Summary
Eaton (ETN) pledges to support Drive to Zero initiative, unveils multiple EV innovations, and endorses global MOU on Zero-Emission Medium- and Heavy-Duty Vehicles (MHDVs), driving substantial increase in power demand by 2050.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.36%
Tags
none
Rhea-AI Summary
Eaton Corporation plc (NYSE:ETN) reported quarterly earnings per share of $2.22 and record adjusted earnings per share of $2.47, up 22% over the previous year. Quarterly sales reached a record high of $5.9 billion, with organic sales growth of 9%. The company raised its adjusted earnings per share guidance to $9.00, reflecting a 19% growth over the previous year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.12%
Tags
none
-
Rhea-AI Summary
Eaton invests $85 million in North American manufacturing to meet surging utility demand for its solutions supporting essential electric grid infrastructure projects. The company's recent investments in the region reach nearly $750 million. Eaton is increasing supplies of transformers, regulators, switchgear, and other utility equipment to modernize and decarbonize distribution systems.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.68%
Tags
none
-
Rhea-AI Summary
Eaton (NYSE:ETN) declares a quarterly dividend of $0.86 per share, payable on November 24, 2023. The company has paid dividends since 1923 and reported revenues of $20.8 billion in 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.13%
Tags
dividends
Rhea-AI Summary
Eaton releases its 2022 Global Inclusion and Diversity Transparency report, highlighting progress in achieving inclusion and diversity goals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.24%
Tags
none
-
Rhea-AI Summary
Eaton to announce third quarter 2023 earnings on October 31, 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.42%
Tags
-
Rhea-AI Summary
Eaton appoints Adam Wadecki as SVP of Internal Audit, replacing Christina Bosserd. Wadecki brings experience from GE Healthcare and other companies. Eaton reported revenues of $20.8 billion in 2022.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.55%
Tags
none
Rhea-AI Summary
Eaton's sustainability strategy aims to address ESG issues and meet power management needs
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.03%
Tags
none

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 $377.41 as of November 22, 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 145.3B.

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

145.35B
394.32M
0.19%
84.55%
0.72%
Specialty Industrial Machinery
Misc Industrial & Commercial Machinery & Equipment
Link
United States of America
DUBLIN