Great Lakes Advisors LLC Takes Position in Eaton Corporation, PLC $ETN

Great Lakes Advisors LLC bought a new stake in Eaton Corporation, PLC (NYSE:ETN) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,720 shares of the industrial products company’s stock, valued at approximately $1,159,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Williams Jones Wealth Management LLC. grew its stake in Eaton by 3.3% during the 3rd quarter. Williams Jones Wealth Management LLC. now owns 515,587 shares of the industrial products company’s stock valued at $192,958,000 after purchasing an additional 16,422 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd raised its stake in shares of Eaton by 112.6% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 336,060 shares of the industrial products company’s stock worth $120,199,000 after purchasing an additional 178,000 shares during the last quarter. Silvercrest Asset Management Group LLC raised its stake in shares of Eaton by 23.1% in the fourth quarter. Silvercrest Asset Management Group LLC now owns 310,859 shares of the industrial products company’s stock worth $99,012,000 after purchasing an additional 58,281 shares during the last quarter. PFA Pension Forsikringsaktieselskab acquired a new stake in shares of Eaton during the fourth quarter worth about $97,989,000. Finally, Bartlett & CO. Wealth Management LLC boosted its position in Eaton by 12.1% in the first quarter. Bartlett & CO. Wealth Management LLC now owns 266,845 shares of the industrial products company’s stock valued at $95,442,000 after buying an additional 28,815 shares during the last quarter. Institutional investors and hedge funds own 82.97% of the company’s stock.

Eaton Stock Performance

NYSE ETN opened at $420.14 on Friday. The stock has a market capitalization of $163.18 billion, a price-to-earnings ratio of 42.74, a PEG ratio of 2.65 and a beta of 1.18. Eaton Corporation, PLC has a twelve month low of $311.92 and a twelve month high of $478.00. The company has a current ratio of 1.24, a quick ratio of 0.79 and a debt-to-equity ratio of 0.91. The stock has a 50-day moving average of $417.27 and a 200 day moving average of $396.09.

Eaton (NYSE:ETN) last issued its quarterly earnings data on Friday, July 31st. The industrial products company reported $3.15 EPS for the quarter, beating the consensus estimate of $3.08 by $0.07. The company had revenue of $8.53 billion for the quarter, compared to analyst estimates of $8.16 billion. Eaton had a return on equity of 24.58% and a net margin of 12.75%.Eaton’s quarterly revenue was up 21.4% compared to the same quarter last year. During the same period last year, the company earned $2.95 earnings per share. Eaton has set its Q3 2026 guidance at 3.460-3.560 EPS and its FY 2026 guidance at 13.400-13.600 EPS. Sell-side analysts anticipate that Eaton Corporation, PLC will post 13.55 EPS for the current fiscal year.

Eaton Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 7th will be paid a $1.10 dividend. The ex-dividend date of this dividend is Friday, August 7th. This represents a $4.40 dividend on an annualized basis and a yield of 1.0%. Eaton’s dividend payout ratio (DPR) is currently 44.76%.

Insider Buying and Selling

In other Eaton news, insider Heath B. Monesmith sold 18,036 shares of the stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $458.04, for a total transaction of $8,261,209.44. Following the transaction, the insider directly owned 50,368 shares of the company’s stock, valued at $23,070,558.72. This trade represents a 26.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Adam A. Wadecki sold 525 shares of Eaton stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $440.54, for a total transaction of $231,283.50. Following the completion of the sale, the insider owned 1,054 shares in the company, valued at approximately $464,329.16. This trade represents a 33.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.10% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the stock. Morgan Stanley reissued an “overweight” rating and set a $500.00 price target on shares of Eaton in a research report on Sunday, May 10th. Evercore raised shares of Eaton from an “in-line” rating to an “outperform” rating and set a $502.00 price objective on the stock in a report on Monday, August 3rd. Wells Fargo & Company increased their price objective on shares of Eaton from $350.00 to $425.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 6th. Robert W. Baird set a $500.00 target price on shares of Eaton and gave the stock an “outperform” rating in a report on Thursday. Finally, BMO Capital Markets boosted their target price on shares of Eaton from $477.00 to $487.00 and gave the company an “outperform” rating in a research report on Monday, August 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $440.89.

Trending Headlines about Eaton

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Eaton won contracts from BSD Builders to provide emergency power and energy-management technology for 35 California skilled-nursing facilities. The projects are linked to new state resilience requirements and reinforce demand for Eaton’s grid-resilience and backup-power products. Eaton Wins Contracts From BSD Builders to Supply Power-Management Technology to California Healthcare Facilities
• Positive Sentiment: Eaton’s collaboration with Trane Technologies (NYSE: TT) combines electrical infrastructure and thermal-management systems for AI-focused data centers, using a reference design aligned with NVIDIA platforms. The partnership supports the investment thesis that accelerating AI infrastructure spending will drive demand for Eaton’s power-management equipment. Can Trane Technologies plc and Eaton Become Major Winners from the AI Data Center Boom?
• Positive Sentiment: Zacks Research modestly raised its Eaton Q4 2026 EPS forecast to $4.02 from $4.00 and its full-year estimate to $13.49 from $13.47. Although the increases are small, they indicate continued confidence in earnings momentum; the broader consensus is $13.55 per share. Eaton Stock Performance and Earnings Estimates
• Neutral Sentiment: Eaton appointed Shawn Black as president of its Aerospace Group. The leadership change may support execution in the segment, but no immediate financial impact was announced. Eaton Names Shawn Black President, Aerospace
• Negative Sentiment: Several valuation comparisons argue that Eaton trades at a demanding price after its strong multiyear performance. Analysts cited Hubbell’s more attractive valuation and Vestas Wind Systems’ potential value advantage, while a DCF analysis suggested ETN trades above intrinsic value. These concerns could limit upside despite strong secular demand. Eaton vs. Hubbell: Which Electrification Stock Has an Edge?

About Eaton

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.