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Is Eaton Stock a Buy Now?


I bought Eaton (NYSE: ETN) while it was still working on integrating its acquisition of Cooper Industries. That was the largest deal in the company's history and materially shifted the industrial giant's business focus. Now, more than a decade after that transformational deal, is Eaton worth buying?

The $13 billion acquisition of Cooper in late 2012 was huge for Eaton. Not just in what it did for the business, but simply in the scale of the transaction. It required years of effort to fully integrate Cooper into Eaton. And, while Eaton was working on that effort, the Board of Directors chose to hold the dividend static for a spell after a long history of regular dividend increases.

Image source: Getty Images.

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Source Fool.com

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