Eaton Corporation, PLC $ETN Shares Sold by J. L. Bainbridge & Co. Inc.

J. L. Bainbridge & Co. Inc. decreased its stake in Eaton Corporation, PLC (NYSE:ETN) by 1.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 158,416 shares of the industrial products company’s stock after selling 1,555 shares during the period. Eaton comprises about 5.0% of J. L. Bainbridge & Co. Inc.’s holdings, making the stock its 6th largest holding. J. L. Bainbridge & Co. Inc.’s holdings in Eaton were worth $56,660,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of ETN. Aventura Private Wealth LLC bought a new stake in Eaton during the 4th quarter worth $1,339,000. Ransom Advisory Ltd acquired a new position in Eaton in the 4th quarter worth about $3,881,000. Farmers National Bank bought a new position in Eaton in the third quarter valued at about $1,530,000. Morse Asset Management Inc boosted its stake in shares of Eaton by 3,937.1% during the third quarter. Morse Asset Management Inc now owns 4,239 shares of the industrial products company’s stock valued at $1,586,000 after purchasing an additional 4,134 shares in the last quarter. Finally, Burling Wealth Partners LLC boosted its stake in shares of Eaton by 63.0% during the fourth quarter. Burling Wealth Partners LLC now owns 11,296 shares of the industrial products company’s stock valued at $3,598,000 after purchasing an additional 4,366 shares in the last quarter. Institutional investors own 82.97% of the company’s stock.

Eaton Trading Down 4.0%

ETN opened at $403.27 on Friday. Eaton Corporation, PLC has a twelve month low of $311.92 and a twelve month high of $436.74. The company has a fifty day moving average of $405.93 and a 200-day moving average of $371.84. The stock has a market cap of $156.59 billion, a PE ratio of 39.42, a price-to-earnings-growth ratio of 2.59 and a beta of 1.19. The company has a quick ratio of 0.75, a current ratio of 1.19 and a debt-to-equity ratio of 0.94.

Eaton (NYSE:ETN) last released its earnings results on Tuesday, May 5th. The industrial products company reported $2.81 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.73 by $0.08. Eaton had a net margin of 13.99% and a return on equity of 24.72%. The business had revenue of $7.45 billion for the quarter, compared to analyst estimates of $7.14 billion. During the same quarter in the previous year, the business earned $2.72 earnings per share. Eaton’s revenue for the quarter was up 16.8% on a year-over-year basis. 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, sell-side analysts predict that Eaton Corporation, PLC will post 13.33 EPS for the current year.

Eaton Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 8th were paid a dividend of $1.10 per share. The ex-dividend date of this dividend was Friday, May 8th. This represents a $4.40 annualized dividend and a yield of 1.1%. Eaton’s dividend payout ratio (DPR) is currently 43.01%.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on ETN. Morgan Stanley reaffirmed an “overweight” rating and issued a $500.00 price objective on shares of Eaton in a research note on Sunday, May 10th. JPMorgan Chase & Co. lifted their target price on shares of Eaton from $406.00 to $445.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. Evercore set a $453.00 target price on shares of Eaton in a report on Monday, May 11th. Weiss Ratings cut shares of Eaton from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, May 18th. Finally, Royal Bank Of Canada raised their price target on shares of Eaton from $457.00 to $484.00 and gave the company an “outperform” rating in a research note on Wednesday, May 6th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $420.95.

Key Eaton News

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Recent commentary highlighted Eaton’s position as a beneficiary of the AI/data-center buildout, with the company seen as well placed to profit from electrification demand and delayed data-center projects that still need power-management and cooling infrastructure. Data Center Delays Create Opportunity in These 3 Stocks
• Positive Sentiment: Analysts have been nudging earnings estimates higher, including multiple Zacks Research revisions for 2026–2028 EPS, which suggests continued confidence in Eaton’s profit growth trajectory. MarketBeat ETN page
• Positive Sentiment: Investor sentiment has also been supported by Eaton’s strong first-quarter results, raised full-year organic growth guidance, and portfolio reshaping efforts that concentrate the company more heavily in higher-growth Electrical and Aerospace businesses. Eaton Rises as Investors Focus on Strong Outlook and Portfolio Reshaping

Insider Buying and Selling at Eaton

In other Eaton news, Director Dorothy C. Thompson sold 167 shares of the stock in a transaction that occurred on Friday, May 22nd. The stock was sold at an average price of $385.00, for a total transaction of $64,295.00. Following the transaction, the director directly owned 1,096 shares in the company, valued at approximately $421,960. This represents a 13.22% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Gerald Johnson acquired 215 shares of Eaton stock in a transaction dated Monday, May 11th. The shares were bought at an average cost of $419.02 per share, with a total value of $90,089.30. Following the transaction, the director owned 1,629 shares in the company, valued at approximately $682,583.58. This trade represents a 15.21% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders have sold a total of 21,028 shares of company stock valued at $8,614,793 over the last ninety days. Insiders own 0.10% of the company’s stock.

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.