Eaton Corporation, PLC $ETN Stock: Woodley Farra Manion Portfolio Management Inc. Boosts Holdings

Woodley Farra Manion Portfolio Management Inc. boosted its position in Eaton Corporation, PLC (NYSE:ETN) by 17.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,776 shares of the industrial products company’s stock after buying an additional 2,824 shares during the quarter. Woodley Farra Manion Portfolio Management Inc.’s holdings in Eaton were worth $8,068,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in ETN. Wellington Management Group LLP raised its position in shares of Eaton by 19.6% during the 2nd quarter. Wellington Management Group LLP now owns 6,827,266 shares of the industrial products company’s stock valued at $2,909,235,000 after acquiring an additional 1,120,567 shares in the last quarter. National Pension Service lifted its stake in Eaton by 3.5% during the second quarter. National Pension Service now owns 864,731 shares of the industrial products company’s stock worth $368,479,000 after purchasing an additional 29,436 shares during the last quarter. AMF Tjanstepension AB increased its stake in Eaton by 1.4% during the third quarter. AMF Tjanstepension AB now owns 364,814 shares of the industrial products company’s stock valued at $156,764,000 after purchasing an additional 5,168 shares during the last quarter. Assenagon Asset Management S.A. raised its holdings in shares of Eaton by 87.1% during the third quarter. Assenagon Asset Management S.A. now owns 282,750 shares of the industrial products company’s stock worth $121,501,000 after purchasing an additional 131,624 shares during the period. Finally, Clal Insurance Enterprises Holdings Ltd raised its holdings in shares of Eaton by 112.6% during 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 period. 82.97% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, Director Gerald Johnson bought 130 shares of the firm’s stock in a transaction on Thursday, August 13th. The stock was purchased at an average price of $455.90 per share, for a total transaction of $59,267.00. Following the transaction, the director owned 1,829 shares in the company, valued at approximately $833,841.10. This trade represents a 7.65% increase in their ownership of the stock. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

ETN has been the topic of a number of recent research reports. HSBC raised their price target on shares of Eaton from $440.00 to $460.00 and gave the stock a “buy” rating in a research report on Monday, August 3rd. BNP Paribas Exane boosted their price objective on shares of Eaton from $490.00 to $500.00 and gave the company an “outperform” rating in a research report on Monday, August 3rd. UBS Group upgraded shares of Eaton from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $450.00 to $515.00 in a research note on Monday, September 7th. BMO Capital Markets increased their price objective on shares of Eaton from $477.00 to $487.00 and gave the stock an “outperform” rating in a research note on Monday, August 3rd. Finally, Wells Fargo & Company cut their target price on shares of Eaton from $503.00 to $485.00 and set an “overweight” rating on the stock in a report on Wednesday, November 4th. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, Eaton has an average rating of “Moderate Buy” and an average target price of $482.09.

More Eaton News

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Recent coverage says record third-quarter sales led Eaton to raise its 2026 outlook again. The supplied results also show earnings and revenue ahead of consensus, reinforcing the company’s operating momentum. Eaton stock: Record Q3 sales lift 2026 outlook again
• Positive Sentiment: Hyperscalers are projected to spend $1.3 trillion on capital investment in 2027. Eaton could benefit from demand for the electrical infrastructure needed to build and power data centers, although the projection does not guarantee specific orders for Eaton. Hyperscalers Are Projected to Spend $1.3 Trillion on Capex in 2027
• Positive Sentiment: RBC reportedly sees 58% upside, offering a bullish counterpoint to recent weakness. Eaton was selected to supply hydraulic and fuel-system technologies for Dassault Aviation’s Falcon 10X, adding an aerospace program win, though financial terms were not reported. RBC Sees 58% Upside From Here Eaton selected for Dassault Falcon 10X
• Negative Sentiment: Eaton has fallen sharply over the past month as concerns about Meta’s spending plans and political developments weighed on AI power-equipment stocks broadly. That sector-wide pressure may be offsetting Eaton’s strong results and longer-term data-center opportunity. Eaton Lost 23% in a Month
• Negative Sentiment: Raymond James lowered its price target to $485 from $525. The cut signals a more cautious view, even though the revised target remains above the share price referenced in the supplied background. Raymond James Adjusts Price Target on Eaton

Eaton Stock Performance

Shares of ETN opened at $354.34 on Wednesday. The firm has a fifty day moving average of $403.30 and a 200-day moving average of $396.80. The company has a market cap of $137.66 billion, a price-to-earnings ratio of 35.40, a price-to-earnings-growth ratio of 2.26 and a beta of 1.15. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.78 and a current ratio of 1.23. Eaton Corporation, PLC has a 1 year low of $311.92 and a 1 year high of $478.00.

Eaton (NYSE:ETN) last released its quarterly earnings data on Tuesday, November 3rd. The industrial products company reported $3.68 earnings per share for the quarter, topping analysts’ consensus estimates of $3.54 by $0.14. Eaton had a net margin of 12.18% and a return on equity of 25.09%. The business had revenue of $8.95 billion for the quarter, compared to analysts’ expectations of $8.53 billion. During the same quarter last year, the company earned $3.07 EPS. The company’s revenue for the quarter was up 28.0% compared to the same quarter last year. As a group, equities analysts anticipate that Eaton Corporation, PLC will post 13.78 earnings per share for the current year.

Eaton Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 27th. Shareholders of record on Tuesday, November 10th will be paid a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Tuesday, November 10th. Eaton’s payout ratio is presently 43.96%.

Eaton Profile

Eaton is a global power management company that designs and manufactures products and services intended to help customers manage electrical, hydraulic and mechanical power. Founded in 1911, the company serves customers across a range of industries, including utilities, commercial buildings, data centers, aerospace and transportation. Its offerings include electrical distribution and circuit protection equipment, power quality and backup systems, and power management software and services. Eaton also makes aerospace components and systems, as well as products for vehicle powertrains and related applications.