Eaton (NYSE:ETN) Director Buys $90,089.30 in Stock

Eaton Corporation, PLC (NYSE:ETN) Director Gerald Johnson purchased 215 shares of the stock in a transaction on Monday, May 11th. The shares were purchased at an average price of $419.02 per share, for a total transaction of $90,089.30. Following the transaction, the director directly owned 1,629 shares of the company’s stock, valued at approximately $682,583.58. This represents a 15.21% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link.

Gerald Johnson also recently made the following trade(s):

• On Friday, May 8th, Gerald Johnson acquired 746 shares of Eaton stock. The shares were bought at an average cost of $402.29 per share, for a total transaction of $300,108.34.

Eaton Stock Up 0.2%

Shares of NYSE:ETN opened at $407.89 on Friday. The stock’s 50-day moving average price is $383.88 and its 200-day moving average price is $361.99. Eaton Corporation, PLC has a 12-month low of $311.90 and a 12-month high of $435.43. The stock has a market capitalization of $158.38 billion, a P/E ratio of 39.87, a price-to-earnings-growth ratio of 2.62 and a beta of 1.24. The company has a current ratio of 1.19, a quick ratio of 0.75 and a debt-to-equity ratio of 0.94.

Eaton (NYSE:ETN) last announced its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $2.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.73 by $0.08. Eaton had a return on equity of 24.72% and a net margin of 13.99%.The firm had revenue of $7.45 billion for the quarter, compared to analysts’ expectations of $7.14 billion. During the same period last year, the firm earned $2.72 earnings per share. The company’s revenue for the quarter was up 16.8% compared to the same quarter last year. Eaton has set its Q2 2026 guidance at 3.000-3.100 EPS and its FY 2026 guidance at 13.050-13.500 EPS. On average, equities analysts anticipate that Eaton Corporation, PLC will post 13.32 earnings per share for the current year.

Eaton Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Stockholders of record on Friday, May 8th will be paid a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Friday, May 8th. Eaton’s dividend payout ratio (DPR) is 43.01%.

Analyst Upgrades and Downgrades

ETN has been the topic of a number of research analyst reports. Barclays boosted their price target on Eaton from $340.00 to $392.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. Wells Fargo & Company boosted their price target on Eaton from $350.00 to $425.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. BMO Capital Markets initiated coverage on Eaton in a report on Friday, March 27th. They set an “outperform” rating and a $428.00 price target on the stock. Jefferies Financial Group initiated coverage on Eaton in a report on Monday, March 16th. They set a “buy” rating and a $430.00 price target on the stock. Finally, Royal Bank Of Canada boosted their price target on Eaton from $457.00 to $484.00 and gave the company an “outperform” rating in a report on Wednesday, May 6th. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Eaton currently has an average rating of “Moderate Buy” and an average price target of $420.95.

Institutional Trading of Eaton

Several large investors have recently bought and sold shares of ETN. PFA Pension Forsikringsaktieselskab bought a new stake in Eaton during the 4th quarter valued at approximately $97,989,000. SG Americas Securities LLC boosted its position in Eaton by 438.9% during the 4th quarter. SG Americas Securities LLC now owns 364,877 shares of the industrial products company’s stock valued at $116,217,000 after acquiring an additional 297,166 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its position in Eaton by 112.6% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 336,060 shares of the industrial products company’s stock valued at $120,199,000 after acquiring an additional 178,000 shares in the last quarter. Munich Reinsurance Co Stock Corp in Munich boosted its position in Eaton by 24,986.3% during the 1st quarter. Munich Reinsurance Co Stock Corp in Munich now owns 154,281 shares of the industrial products company’s stock valued at $55,182,000 after acquiring an additional 153,666 shares in the last quarter. Finally, Silvercrest Asset Management Group LLC boosted its position in Eaton by 23.1% during the 4th quarter. Silvercrest Asset Management Group LLC now owns 310,859 shares of the industrial products company’s stock valued at $99,012,000 after acquiring an additional 58,281 shares in the last quarter. 82.97% of the stock is owned by institutional investors.

Eaton Company Profile

Eaton (NYSE: ETN) is a diversified power management company that designs, manufactures and distributes products and systems to manage electrical, hydraulic and mechanical power. The company’s offerings are used to improve energy efficiency, reliability and safety across a wide range of applications, with core capabilities in electrical distribution and control, industrial hydraulics and aerospace systems.

Its product portfolio includes switchgear, circuit breakers, transformers, power distribution units, uninterruptible power supplies and surge protection devices for electrical infrastructure, along with hydraulic pumps, valves and filtration systems for industrial and mobile equipment.