5,844 Shares in Eaton Corporation, PLC $ETN Acquired by Jones Financial Companies Lllp

Jones Financial Companies Lllp purchased a new position in Eaton Corporation, PLC (NYSE:ETN) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 5,844 shares of the industrial products company’s stock, valued at approximately $2,490,000.

Several other hedge funds also recently added to or reduced their stakes in ETN. Williams Jones Wealth Management LLC. raised its position in shares of 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 worth $192,958,000 after purchasing an additional 16,422 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd raised its holdings in shares of Eaton by 112.6% in 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 purchasing an additional 178,000 shares in the last quarter. Silvercrest Asset Management Group LLC raised its stake 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 worth $99,012,000 after acquiring an additional 58,281 shares in the last quarter. PFA Pension Forsikringsaktieselskab acquired a new stake in Eaton during the 4th quarter worth $97,989,000. Finally, Bartlett & CO. Wealth Management LLC increased its stake 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 purchasing an additional 28,815 shares during the period. 82.97% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several brokerages have weighed in on ETN. Barclays upped their target price on shares of Eaton from $340.00 to $392.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Royal Bank Of Canada upped their target price on shares of Eaton from $484.00 to $512.00 and gave the stock an “outperform” rating in a research report on Monday, August 3rd. Erste Group Bank began coverage on shares of Eaton in a report on Tuesday, May 5th. They issued a “buy” rating on the stock. Weiss Ratings raised shares of Eaton from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday. Finally, BMO Capital Markets upped their price target on shares of Eaton from $477.00 to $487.00 and gave the company an “outperform” rating in a report on Monday, August 3rd. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, Eaton presently has a consensus rating of “Buy” and a consensus price target of $442.00.

Insider Activity

In related news, insider Heath B. Monesmith sold 18,036 shares of the stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $458.04, for a total value of $8,261,209.44. Following the sale, the insider directly owned 50,368 shares in the company, valued at $23,070,558.72. This trade represents a 26.37% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Adam A. Wadecki sold 525 shares of the stock in a transaction that occurred on 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 $464,329.16. This represents a 33.25% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.10% of the company’s stock.

Trending Headlines about Eaton

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Zacks Research raised multiple EPS forecasts for Eaton. Estimates increased for the third and fourth quarters of fiscal 2026, all fiscal 2027, and fiscal 2028. The FY2028 forecast rose to $17.91 from $17.41, while FY2027 increased to $15.80 from $15.48. The revisions signal improving expectations for Eaton’s long-term earnings growth. Zacks Research earnings estimates
• Positive Sentiment: Analysts remain broadly bullish despite recent relative weakness. Eaton has underperformed the Nasdaq Composite over the past year, but the analyst outlook remains favorable, suggesting investors may view the pullback as a valuation or entry-point issue rather than a deterioration in the company’s fundamentals. Is Eaton Corporation Stock Underperforming the Nasdaq?
• Neutral Sentiment: Eaton remains tied to data-center power demand. Commentary comparing Eaton with Vertiv indicates that suppliers of data-center power infrastructure remain in focus. Eaton’s relative resilience during a sector selloff may be constructive, but the article does not identify a new company-specific catalyst. GE Vernova Slides, Vertiv Holdings and Eaton Sit Out the Selloff
• Negative Sentiment: Put-option purchases rose well above normal levels. Traders bought 10,916 put options, 62% more than the typical volume of 6,753. The activity points to increased hedging or bearish speculation and can pressure sentiment in the near term.
• Negative Sentiment: Leverage is becoming a greater investor concern. A recent analysis argues that debt represents a larger share of Eaton’s assets than historically, increasing financial risk. With a price-to-earnings ratio near 39.5, investors may also be less tolerant of balance-sheet concerns or any slowdown in growth. Is Eaton Stock Riskier Than It Was A Year Ago?

Eaton Stock Down 3.3%

ETN traded down $13.44 on Tuesday, reaching $388.44. 866,303 shares of the company traded hands, compared to its average volume of 2,588,086. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.24 and a quick ratio of 0.79. The company has a market cap of $150.87 billion, a price-to-earnings ratio of 39.47, a PEG ratio of 2.54 and a beta of 1.18. The stock’s 50 day moving average price is $416.35 and its 200-day moving average price is $398.10. Eaton Corporation, PLC has a 52-week low of $311.92 and a 52-week high of $478.00.

Eaton (NYSE:ETN) last posted its earnings results on Friday, July 31st. The industrial products company reported $3.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.08 by $0.07. The firm had revenue of $8.53 billion during the quarter, compared to analysts’ expectations of $8.16 billion. Eaton had a net margin of 12.75% and a return on equity of 24.58%. The company’s revenue was up 21.4% compared to the same quarter last year. During the same period in the previous 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. On average, sell-side analysts expect that Eaton Corporation, PLC will post 13.56 EPS for the current fiscal year.

Eaton Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 7th were paid a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Friday, August 7th. Eaton’s dividend payout ratio (DPR) is 44.76%.

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.