1,726 Shares in Eaton Corporation, PLC $ETN Acquired by North Star Asset Management Inc.

North Star Asset Management Inc. 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 1,726 shares of the industrial products company’s stock, valued at approximately $735,000.

Other large investors have also recently made changes to their positions in the company. Hilton Head Capital Partners LLC acquired a new position in shares of Eaton in the fourth quarter worth about $26,000. Manning & Napier Advisors LLC acquired a new stake in shares of Eaton during the 2nd quarter worth approximately $27,000. Sfam LLC acquired a new stake in shares of Eaton during the 4th quarter worth approximately $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of Eaton during the 4th quarter worth approximately $28,000. Finally, Boreal Capital Management LLC purchased a new position in shares of Eaton during the 1st quarter worth approximately $33,000. 82.97% of the stock is owned by hedge funds and other institutional investors.

Eaton Trading Down 3.3%

Shares of Eaton stock traded down $13.44 during trading hours on Tuesday, hitting $388.44. The company’s stock had a trading volume of 866,303 shares, compared to its average volume of 2,588,086. Eaton Corporation, PLC has a 1-year low of $311.92 and a 1-year high of $478.00. The business has a fifty day moving average of $416.35 and a 200 day moving average of $398.10. The company has a market capitalization of $150.87 billion, a PE ratio of 39.47, a P/E/G 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 (NYSE:ETN) last released its quarterly earnings results on Friday, July 31st. The industrial products company reported $3.15 earnings per share for the quarter, beating analysts’ consensus estimates of $3.08 by $0.07. The business had revenue of $8.53 billion during 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 business’s revenue was up 21.4% on a year-over-year basis. During the same period last year, the business 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. As a group, equities analysts forecast that Eaton Corporation, PLC will post 13.56 EPS for the current year.

Eaton Dividend Announcement

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

Analysts Set New Price Targets

ETN has been the subject of several recent research reports. Weiss Ratings raised shares of Eaton from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday. JPMorgan Chase & Co. lifted their price target on shares of Eaton from $406.00 to $445.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Sanford C. Bernstein restated an “outperform” rating on shares of Eaton in a research note on Monday, August 3rd. Citigroup lifted their price objective on shares of Eaton from $471.00 to $485.00 and gave the company a “buy” rating in a research note on Monday, August 3rd. Finally, BMO Capital Markets boosted their price target 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. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $442.00.

Eaton News Roundup

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?

Insider Transactions at Eaton

In other news, Director Gerald Johnson acquired 130 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The shares were purchased at an average cost of $455.90 per share, for a total transaction of $59,267.00. Following the transaction, the director directly owned 1,829 shares in the company, valued at $833,841.10. This trade represents a 7.65% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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 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.

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.