We recently published a list of Why These 15 Big-Cap Stocks Are Plunging So Far in 2025. In this article, we are going to take a look at where Eaton Corporation plc (NYSE:ETN) stands against other big-cap stocks that are plunging so far in 2025.
The market has been reversing its gains earlier in the year, so much so that the S&P 500 is now down 1.5% year-to-date. The past two years have seen the same index post stellar gains back-to-back, and those gains were mostly spearheaded by big-cap stocks.
However, historically speaking, the market delivering a third year of such returns would be unprecedented. Investors believe that 2025 will likely be a year when the market starts to cool off, and recent events have started a trend toward just that.
Big-cap stocks are now leading the way down as tariff and AI-related fears hurt them the most. Many big-cap companies have invested significantly in these tech trends, which investors have now soured on.
Still, it’s a good idea to keep an eye on the big-cap losers year-to-date. Many of them have declined enough to open up buying opportunities.
Methodology
For this article, I screened the worst-performing big-cap stocks year-to-date.
I will also mention the number of hedge fund investors in these stocks. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
A technician standing in the middle of a power station, inspecting a power distribution system.
Eaton Corporation plc (NYSE:ETN)
Number of Hedge Fund Holders In Q4 2024: 88
Eaton Corporation plc (NYSE:ETN) is a power management company.
The stock is down significantly so far in 2025 due to Eaton reporting revenues of $6.2 billion for Q4 2024. This missed Wall Street estimates by 1.7%. The miss was attributed to weaker eMobility and vehicle segment sales due to a downturn in the light vehicle market.
Moreover, disruptions from Hurricane Helene and aerospace strikes reduced sales by approximately $80 million. Concerns over tariffs have also contributed to the decline of ETN stock.
The consensus price target of $364.65 implies 30.73% upside.
Eaton Corporation plc (NYSE:ETN) stock is down 15.86% year-to-date.
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This article is originally published at Insider Monkey.