4,688 Shares in Eaton Corporation, PLC $ETN Acquired by Dearborn Partners LLC

Dearborn Partners LLC 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 4,688 shares of the industrial products company’s stock, valued at approximately $1,998,000.

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 boosted its position in 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 buying an additional 178,000 shares during the period. Silvercrest Asset Management Group LLC boosted its position in Eaton by 23.1% in the 4th quarter. Silvercrest Asset Management Group LLC now owns 310,859 shares of the industrial products company’s stock valued at $99,012,000 after buying an additional 58,281 shares during the period. PFA Pension Forsikringsaktieselskab acquired a new stake in shares of Eaton in the 4th quarter valued at $97,989,000. Finally, Bartlett & CO. Wealth Management LLC raised its holdings in shares of Eaton by 12.1% in the 1st 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 in the last quarter. 82.97% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Eaton

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

Eaton Price Performance

NYSE:ETN traded down $13.44 during mid-day trading on Tuesday, reaching $388.44. 866,303 shares of the company were exchanged, compared to its average volume of 2,588,086. The stock has a market cap of $150.87 billion, a PE ratio of 39.47, a PEG ratio of 2.54 and a beta of 1.18. The company has a quick ratio of 0.79, a current ratio of 1.24 and a debt-to-equity ratio of 0.91. Eaton Corporation, PLC has a 12 month low of $311.92 and a 12 month high of $478.00. The company has a fifty day moving average of $416.35 and a 200 day moving average of $398.10.

Eaton (NYSE:ETN) last issued its earnings results on Friday, July 31st. The industrial products company reported $3.15 earnings per share (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 net margin of 12.75% and a return on equity of 24.58%. The company’s revenue for the quarter was up 21.4% on a year-over-year basis. During the same quarter last year, the firm earned $2.95 EPS. 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, research analysts anticipate that Eaton Corporation, PLC will post 13.56 EPS for the current fiscal year.

Eaton Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Friday, August 7th were given a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Friday, August 7th. Eaton’s dividend payout ratio (DPR) is currently 44.76%.

Eaton News Summary

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?

Wall Street Analyst Weigh In

A number of research analysts have commented on ETN shares. Evercore upgraded shares of Eaton from an “in-line” rating to an “outperform” rating and set a $502.00 price objective on the stock in a research note on Monday, August 3rd. Weiss Ratings upgraded shares of Eaton from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday. Robert W. Baird set a $500.00 price target on shares of Eaton and gave the company an “outperform” rating in a report on Thursday, August 20th. KeyCorp upped their price objective on shares of Eaton from $420.00 to $480.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. Finally, Citigroup increased their price target on shares of Eaton from $471.00 to $485.00 and gave the stock a “buy” rating in a research note on Monday, August 3rd. Three research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average target price of $442.00.

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.