Eaton Corporation PLC (NYSE:ETN) traded today at a new 52-week high of $154.84. Approximately 402,000 shares have changed hands today, as compared to an average 30-day volume of 1.6 million shares.
Over the past year, Eaton Corporation PLC has traded in a range of $84.87 to $154.84 and is now at $154.63, 82% above that low.
Eaton is a diversified power management company operating for over 100 years. The company operates through various segments, including electrical products, electrical systems and services, aerospace, vehicle, and most recently, e-mobility. Eaton’s portfolio can broadly be divided into two halves. One part of its portfolio is housed under its industrial sector umbrella, which serves a large variety of end markets like commercial vehicles, general aviation, and trucks, among others. The other portion is Eaton’s electrical sector portfolio, which serves data centers, utilities, and the residential end market, among others.
Eaton Corporation PLC (NYSE:ETN) is currently priced 5.0% above its average consensus analyst price target of $146.93.
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