Eaton Stock: Is Wall Street Bullish or Bearish?

Eaton Corporation plc (ETN), headquartered in Dublin, Ireland, is a global power management company. Valued at a market cap of $136.7 billion, Eaton operates in over 175 countries through its five main segments: Electrical Americas, Electrical Global, Aerospace, Vehicle, and eMobility.

ETN shares have slightly trailed the broader market over the past 52 weeks. ETN has surged 16.1% over this time frame, while the broader S&P 500 Index ($SPX) has soared 16.4%. Moreover, the stock is up 5.8% on a YTD basis, compared to SPX’s 9.7% rise during the same time frame.