Eaton shares fall after $9.5 bln deal to buy Boyd Thermal
ReutersNov 3, 2025 12:23 PM
Shares of electrical equipment maker Eaton ETN.N fall nearly 2% to about $374.80 premarket
Co to acquire Boyd Corporation's thermal business from Goldman Sachs Asset Management for $9.5 billion
Deal is set to close in Q2 of 2026
Boyd Thermal sees sales of $1.7 bln for 2026
24 of 33 brokerages rate the stock "buy" or higher and 9 "hold"; their median PT is $405, according to data compiled by LSEG
As of last close, shares were up 15% YTD
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