Eaton Corp Plc is a global power management company that specializes in providing energy-efficient solutions to help customers manage electrical power more effectively
The company offers a diverse range of products and services across various sectors including electrical distribution, industrial automation, hydraulic systems, and vehicle solutions. Eaton focuses on innovation and sustainability, developing technologies that optimize energy usage, enhance grid reliability, and enable the integration of renewable energy sources. Through its commitment to empowering businesses and communities, Eaton aims to create a more sustainable environment and improve overall operational efficiency.
Analyst reaffirms Buy rating on Eaton with $410 price target after investor day. Expects strong growth in data centers, commercial, utilities, and aerospace.
The report says that Southern Califonia Edison is conducting an internal investigation to look into an idle power line near the Altadena neighborhood, which isn’t supposed to be connected to the primary grid, as the source of the Eaton fire.
Eaton said the acquisition will generate $110 million of estimated 2025 adjusted earnings before interest, tax, depreciation, and amortization (EBITDA).
After the closing bell on Tuesday, let's take a glimpse of the US markets and explore the top S&P500 gainers and losers in today's after-hours session.
Tariffs on metal imports create opportunities in ETFs focused on U.S. steelmakers. Top picks are VanEck Steel, SPDR S&P Metals & Mining, and Global X U.S. Infrastructure Development ETF.
