Are Wall Street Analysts Bullish on Eaton Stock?

With a market cap of $146.6 billion, Eaton Corporation plc (ETN) is a global power management company operating across the Americas, Europe, and the Asia Pacific through segments including Electrical, Aerospace, Vehicle, and eMobility. It provides a broad range of electrical, hydraulic, and mechanical solutions serving industrial, aerospace, and automotive markets worldwide.

Shares of the power management company have surpassed the broader market over the past 52 weeks. ETN stock has climbed 23.4% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 14.4%. Moreover, shares of the company are up 22.6% on a YTD basis, compared to SPX’s 1.4% gain.