Farmers National Bank Increases Stock Position in Eaton Corporation, PLC $ETN

Farmers National Bank raised its stake in shares of Eaton Corporation, PLC (NYSE:ETN) by 69.4% in the 4th quarter, Holdings Channel reports. The firm owned 6,927 shares of the industrial products company’s stock after acquiring an additional 2,839 shares during the period. Farmers National Bank’s holdings in Eaton were worth $2,206,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in shares of Eaton in the fourth quarter worth about $28,000. Mengis Capital Management Inc. grew its holdings in Eaton by 11.8% during the 4th quarter. Mengis Capital Management Inc. now owns 4,738 shares of the industrial products company’s stock valued at $1,509,000 after buying an additional 500 shares in the last quarter. Bayban bought a new stake in Eaton in the 4th quarter worth approximately $224,000. Virtu Financial LLC bought a new stake in Eaton in the 4th quarter worth approximately $6,037,000. Finally, Sunbelt Securities Inc. raised its holdings in shares of Eaton by 4.0% during the 4th quarter. Sunbelt Securities Inc. now owns 3,375 shares of the industrial products company’s stock worth $1,075,000 after acquiring an additional 130 shares in the last quarter. 82.97% of the stock is owned by institutional investors.

Key Headlines Impacting Eaton

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Eaton remains tied to themes investors like right now, including rising power demand from AI and data centers; one recent article highlighted how the company is linking power management with data center cooling, reinforcing its long-term growth narrative. How Eaton (ETN) Is Using Boyd Thermal to Tie Power Management to Data Center Cooling
• Positive Sentiment: Bernstein reportedly kept a Buy rating on Eaton, which can help support sentiment by signaling that analysts still see upside in the stock. Bernstein Keeps Their Buy Rating on Eaton (ETN)
• Neutral Sentiment: Recent coverage noted Eaton has been attracting investor attention, but this appears to be more a sign of elevated trading interest than a new fundamental catalyst. Eaton Corporation, PLC (ETN) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: Eaton’s latest outperformance versus the broader market suggests momentum is still intact, with the stock rising after recent trading. Eaton (ETN) Outpaces Stock Market Gains: What You Should Know
• Negative Sentiment: A comparison piece argued that Rockwell Automation has the edge over Eaton thanks to stronger price gains, rising earnings estimates and software-led growth, which could pressure sentiment around ETN relative to peers. Eaton vs. Rockwell Automation: Which Industrial Tech Stock Leads?

Insider Activity at Eaton

In other Eaton news, insider Antonio Galvao sold 494 shares of the stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $405.86, for a total transaction of $200,494.84. Following the sale, the insider owned 9,175 shares of the company’s stock, valued at approximately $3,723,765.50. This trade represents a 5.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Dorothy C. Thompson sold 167 shares of Eaton stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $385.00, for a total value of $64,295.00. Following the completion of the transaction, the director owned 1,096 shares in the company, valued at $421,960. This represents a 13.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 21,028 shares of company stock valued at $8,614,793 over the last quarter. 0.10% of the stock is owned by insiders.

Eaton Stock Up 0.2%

Shares of NYSE ETN opened at $422.50 on Friday. Eaton Corporation, PLC has a 1 year low of $311.92 and a 1 year high of $435.43. The firm has a 50-day simple moving average of $404.59 and a two-hundred day simple moving average of $369.14. The company has a market cap of $164.06 billion, a P/E ratio of 41.30, a PEG ratio of 2.71 and a beta of 1.19. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.19 and a quick ratio of 0.75.

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

Eaton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 8th were paid a dividend of $1.10 per share. The ex-dividend date was Friday, May 8th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.0%. Eaton’s dividend payout ratio (DPR) is currently 43.01%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on ETN shares. Citigroup raised their target price on shares of Eaton from $464.00 to $471.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Erste Group Bank started coverage on shares of Eaton in a research note on Tuesday, May 5th. They set a “buy” rating on the stock. KeyCorp increased their price objective on shares of Eaton from $420.00 to $480.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. BMO Capital Markets initiated coverage on shares of Eaton in a research note on Friday, March 27th. They issued an “outperform” rating and a $428.00 price objective for the company. Finally, Evercore set a $453.00 target price on shares of Eaton in a research report on Monday, May 11th. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Eaton has a consensus rating of “Moderate Buy” and a consensus price target of $420.95.

Eaton 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.