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Eaton Corporation PLC (ETN.N)

ETN.N on New York Stock Exchange

104.93USD
21 Feb 2020
Change (% chg)

$-0.17 (-0.16%)
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$105.10
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Volume
686,700
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$105.77
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Latest Key Developments (Source: Significant Developments)

Eaton To Sell Its Hydraulics Business For $3.3 Billion
Wednesday, 22 Jan 2020 

Jan 21 (Reuters) - Eaton Corporation PLC ::EATON REACHES AGREEMENT TO SELL ITS HYDRAULICS BUSINESS FOR $3.3 BILLION.EATON CORPORATION PLC - ENTERED INTO AN AGREEMENT TO SELL ITS HYDRAULICS BUSINESS TO DANFOSS A/S.EATON CORPORATION PLC - IS RETAINING FILTRATION AND GOLF GRIP BUSINESSES CURRENTLY REPORTED IN COMPANY'S HYDRAULICS SEGMENT.EATON CORPORATION PLC - EATON'S HYDRAULICS BUSINESS ACCOUNTED FOR 86 PERCENT OF EATON'S HYDRAULICS SEGMENT REVENUE IN 2019.EATON CORPORATION PLC - DEAL FOR FOR $3.3 BILLION IN CASH.  Full Article

Signify Says Cooper Lighting Solutions Deal Fully Funded With Debt
Wednesday, 16 Oct 2019 

Oct 15 (Reuters) - SIGNIFY NV::SIGNIFY NV - SAVINGS OF OVER $60 MILLION/YEAR, TO BE LARGELY ACHIEVED IN FIRST 3 YRS FROM COOPER LIGHTING SOLUTIONS DEAL.SIGNIFY NV - COOPER LIGHTING SOLUTIONS DEAL FULLY FUNDED WITH DEBT; COMMITTED BRIDGE FINANCING IN PLACE.SIGNIFY NV - DEAL WITH EATON EXPECTED TO RESULT IN MID-TEENS EPS ACCRETION IN YEAR ONE, TRANSACTION ROIC TO EXCEED SIGNIFY'S WACC AFTER YEAR ONE.SIGNIFY NV - PLANS TO CONTINUE TO PAY A STABLE TO INCREASED DIVIDEND PER SHARE.SIGNIFY NV - UPON DEAL CLOSING, WILL GENERATE OVER 50% OF ITS SALES IN PROFESSIONAL SEGMENT.  Full Article

Eaton Expects 2019 Adj EPS To Be Between $5.77-$5.97
Tuesday, 30 Jul 2019 

July 30 (Reuters) - Eaton Corporation PLC ::EATON REPORTS SECOND QUARTER EARNINGS PER SHARE OF $1.50.EATON CORPORATION PLC - Q2 ADJUSTED EARNINGS PER SHARE OF $1.53.EATON CORPORATION PLC - FULL-YEAR 2019 EARNINGS GUIDANCE AT MIDPOINT OF RANGE AFFIRMED.EATON CORPORATION PLC - OPERATING CASH FLOW FOR 2019 NOW EXPECTED TO BE BETWEEN $3.3 BILLION AND $3.5 BILLION.EATON CORPORATION PLC - SALES IN Q2 OF 2019 WERE $5.5 BILLION, UP 1 PERCENT.EATON CORPORATION PLC - NOW EXPECT 2019 ADJUSTED EARNINGS PER SHARE TO BE BETWEEN $5.77 AND $5.97.EATON CORPORATION PLC - FOR Q3 OF 2019, WE ANTICIPATE ADJUSTED EARNINGS PER SHARE TO BE BETWEEN $1.50 AND $1.60.  Full Article

Transdigm Group Plans To Divest Souriau-Sunbank Connection Technologies To Eaton
Monday, 22 Jul 2019 

July 22 (Reuters) - TransDigm Group Inc ::PRESS RELEASE - TRANSDIGM GROUP PLANS TO DIVEST SOURIAU-SUNBANK CONNECTION TECHNOLOGIES TO EATON.TRANSDIGM GROUP INC - PROPOSED DEAL FOR APPROXIMATELY $920 MILLION..  Full Article

Shareholder Eaton Industries' Shares In Ulusoy Elektrik Increase To 82.3 Pct From 0 Pct - KAP
Tuesday, 16 Apr 2019 

April 16 (Reuters) - SHAREHOLDER EATON INDUSTRIES' SHARES IN IN ULUSOY ELEKTRIK ::SHAREHOLDER EATON INDUSTRIES' SHARES IN ULUSOY ELEKTRIK <<>> INCREASE TO 82.3 PCT FROM 0 PCT - KAP.  Full Article

Eaton Corp PLC Says CEO's FY 2018 Total Compensation Was $14.7 Mln vs $15.2 Mln In FY 2017
Friday, 15 Mar 2019 

March 15 (Reuters) - Eaton Corporation PLC ::EATON CORPORATION PLC SAYS CEO CRAIG ARNOLD'S FY 2018 TOTAL COMPENSATION WAS $14.7 MILLION VERSUS $15.2 MILLION IN FY 2017 - SEC FILING.EATON CORPORATION PLC SAYS CHIEF FINANCIAL AND PLANNING OFFICER, RICHARD FEARON'S FY 2018 TOTAL COMPENSATION WAS $5.7 MILLION VERSUS $8.6 MILLION IN FY 2017.  Full Article

Eaton Increases Quarterly Dividend By 8 Percent
Thursday, 28 Feb 2019 

Feb 27 (Reuters) - Eaton Corporation PLC ::EATON INCREASES QUARTERLY DIVIDEND BY 8 PERCENT.EATON CORPORATION PLC - DECLARED A QUARTERLY DIVIDEND OF $0.71 PER ORDINARY SHARE.  Full Article

Eaton Agrees to Acquire Controlling Interest in Ulusoy Elektrik, Expanding IEC Offerings in EMEA
Friday, 1 Feb 2019 

Jan 31 (Reuters) - Eaton Corporation PLC ::EATON CORP- REACHED DEFINITIVE AGREEMENT TO ACQUIRE 82.275 PERCENT CONTROLLING INTEREST IN ULUSOY ELEKTRIK IMALAT TAAHHUT VE TICARET A.S..EATON AGREES TO ACQUIRE CONTROLLING INTEREST IN ULUSOY ELEKTRIK, EXPANDING IEC OFFERINGS IN EMEA.EATON CORPORATION PLC -PURCHASE PRICE FOR SHARES IS APPROXIMATELY $214 MILLION ON A CASH AND DEBT FREE BASIS.EATON CORPORATION- AS PART OF DEAL, CERTAIN UNRELATED BUSINESSES WITH EXPECTED REVENUE IN 2018 OF APPROXIMATELY $3 MILLION ARE NOT INCLUDED IN THIS DEAL.  Full Article

Ulusoy Elektrik Signs Agreement To Transfer 82.3 Percent Share To Eaton Corp's Unit
Friday, 1 Feb 2019 

Feb 1 (Reuters) - ULUSOY ELEKTRIK ::SAYS SIGNS AGREEMENT TO TRANSFER 82.275 PERCENT SHARE TO EATON CORP'S UNIT EATON CAPITAL UNLIMITED COMPANY.SAYS PURCHASE PRICE FOR SHARES IS SET APPROXIMATELY AT $214.0 MILLION.SAYS SHARE PURCHASE PRICE CAN BE CHANGED ACCORDING TO COMPANY'S CASH POSITION ON THE SHARE TRANSFER DAY.  Full Article

Eaton Q4 Organic Sales Growth Of 7 Pct
Thursday, 31 Jan 2019 

Jan 31 (Reuters) - Eaton Corporation PLC ::EATON REPORTS FOURTH QUARTER EARNINGS PER SHARE OF $1.46, UP 13 PERCENT OVER THE FOURTH QUARTER OF 2017, EXCLUDING 2017 INCOME RELATED TO THE U.S. TAX BILL.EARNINGS PER SHARE FOR 2019 EXPECTED TO BE BETWEEN $5.70 AND $6.00.Q4 ORGANIC SALES GROWTH OF 7 PERCENT.SALES IN Q4 OF 2018 WERE $5.5 BILLION, UP 5 PERCENT OVER SAME PERIOD IN 2017.SEES ORGANIC REVENUES TO GROW BETWEEN 4 AND 5 PERCENT FOR 2019.SEES SEGMENT MARGINS TO BE BETWEEN 17.0 PERCENT AND 17.4 PERCENT FOR 2019.SEES EARNINGS PER SHARE FOR Q1 OF 2019 TO BE BETWEEN $1.18 AND $1.28.FY2019 EARNINGS PER SHARE VIEW $5.84 -- REFINITIV IBES DATA.Q1 EARNINGS PER SHARE VIEW $1.25 -- REFINITIV IBES DATA.Q4 EARNINGS PER SHARE VIEW $1.43, REVENUE VIEW $5.42 BILLION -- REFINITIV IBES DATA.  Full Article

Signify to buy Cooper Lighting from Eaton for $1.4 bln -statement

AMSTERDAM, Oct 15 Signify, the Dutch lighting company, said on Tuesday it would buy Cooper Lighting Solutions of the U.S. from Eaton for $1.4 billion in cash.