BNP Paribas Adjusts Price Target on Eaton to $530 From $500

Eaton Corp plc (ETN) filed an SEC Form 8-K — Other Events. Table of Contents Exhibit 99.1 TABLE OF CONTENTS Part I 2 Item 1. Business 2 Part II 7 Item 7. Management's Discussion and Analysis of Financial Condition and Results of Operations 7 Item 8. Financial Statements and Supplementary Data 7 Part IV 8 Item 15. Exhibits and Financial S

Bain Capital and Tillman Global Holdings completed a $1.5 billion investment in Eaton Fiber and its acquisition of Ripple Fiber. The deal supports Eaton Fiber's expansion of Verizon's fiber broadband to over one million locations. Verizon acquired Ripple Fiber's customers and some network assets. Ripple Fiber's shareholders will continue to support Eaton Fiber.

Citi increased its price target for Eaton (ETN) to $498 from $185, maintaining a Buy rating. The firm adjusted targets for the electrical equipment group ahead of Q3 earnings, citing strong secular tailwinds and improving demand.

The European Commission approved two mergers: a logistics joint venture in central Europe by Posco Flow Europe and LX Pantos Poland, and Dana Inc.'s acquisition of Eaton's mobility business. Both were cleared under simplified procedures due to negligible competition concerns.

Honda (HMC) saw record hybrid sales and doubled operating profit due to high gas prices. ChargePoint (CHPT) reported revenue growth and reduced losses, driven by demand for home chargers. SolarEdge (SEDG) posted European revenue growth but missed guidance. Eaton (ETN) reported record sales, partly due to electrification. VinFast (VFS) sold more e-scooters in Vietnam due to fuel shortages.

Dana Incorporated received approval from the European Commission to acquire Eaton Corporation's mobility business. The deal is expected to strengthen Dana's position in the mobility sector. Both companies are publicly traded, with Dana listed on the NYSE.