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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.

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Eaton invests $150 million to increase supply of electrical power distribution solutions in North America
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Eaton's CEO to participate in Morgan Stanley conference, live webcast available
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Eaton invests over $500 million in North American manufacturing to meet increasing demand for electrical solutions.
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Eaton positions itself as a trusted partner in the electrification race to net zero, offering comprehensive solutions for complex customer scenarios.
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Eaton has won a $6M contract to provide electrical engineering services and power distribution equipment for the new South Lake Water Treatment Plant in Georgetown, Texas. The facility, expected to be complete in 2026, will double the city's water treatment capacity to meet the needs of its growing population. The project is funded by City of Georgetown water customers.
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Intelligent power management company Eaton has announced a new approach to simplify electric vehicle (EV) fleet charging. The overhead EV Charging Busway eliminates costly cable runs and major modifications to existing parking and conveyor structures. This innovation allows fleets to expand and reconfigure infrastructure with no concrete work required, reducing installation time by 40%. Eaton's solution integrates seamlessly into existing electrical systems and supports both AC Level 2 and DC fast charging. The company's EV charging hardware and software are designed for interoperability and support industry standards. Eaton aims to help fleet managers accelerate the energy transition with innovative hardware and software that achieve sustainability, cost savings, and flexibility.
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Eaton Corporation reports record second quarter earnings per share of $1.86 and adjusted earnings per share of $2.21, up 18% over 2022. Sales in the quarter were $5.9 billion, a quarterly record and up 13% from the second quarter of 2022. The company raised its full-year adjusted earnings per share guidance to between $8.65 and $8.85.
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Eaton, an intelligent power management company, has introduced the EV Charging Busway, a game-changing solution for electric vehicle (EV) fleet charging. This innovative overhead power distribution system eliminates the need for costly cable runs and major modifications to existing structures, making it easier and more cost-effective to expand and reconfigure EV charging infrastructure. Eaton's EV Charging Busway integrates seamlessly into existing electrical systems and supports both AC Level 2 and DC fast charging. The solution also includes intelligent load management and can be integrated with Eaton's Charging Network Manager software. It is designed for interoperability and supports industry standards.
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Eaton, an intelligent power management company, has declared a quarterly dividend of $0.86 per ordinary share. The dividend will be paid on August 25, 2023, to shareholders of record on August 7, 2023. Eaton has been paying dividends since 1923. The company reported revenues of $20.8 billion in 2022 and serves customers in over 170 countries.
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Eaton (ETN): Smart Ambient Monitoring API for Healthcare Sector
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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 $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
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United States of America
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