Greenup Street Wealth Management LLC Sells 2,908 Shares of Eaton Corporation, PLC $ETN

Greenup Street Wealth Management LLC lessened its position in shares of Eaton Corporation, PLC (NYSE:ETN) by 43.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,788 shares of the industrial products company’s stock after selling 2,908 shares during the period. Greenup Street Wealth Management LLC’s holdings in Eaton were worth $1,628,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in ETN. Security National Bank of SO Dak bought a new stake in Eaton in the 2nd quarter valued at about $26,000. Manning & Napier Advisors LLC bought a new position in Eaton during the second quarter worth about $27,000. Curry Webb Wealth Management LLC bought a new position in Eaton during the third quarter worth about $29,000. North Point Portfolio Managers Corp OH bought a new position in Eaton during the third quarter worth about $34,000. Finally, Archer Investment Corp purchased a new position in shares of Eaton in the second quarter worth about $35,000. Institutional investors own 82.97% of the company’s stock.

Eaton Price Performance

ETN stock opened at $369.20 on Friday. The firm has a 50 day moving average of $411.07 and a 200-day moving average of $396.09. The company has a current ratio of 1.24, a quick ratio of 0.79 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 firm has a market capitalization of $143.40 billion, a P/E ratio of 37.56, a price-to-earnings-growth ratio of 2.28 and a beta of 1.13.

Eaton (NYSE:ETN) last issued its quarterly earnings data on Friday, July 31st. The industrial products company reported $3.15 EPS for the quarter, beating the consensus estimate of $3.08 by $0.07. Eaton had a net margin of 12.75% and a return on equity of 24.58%. The company had revenue of $8.53 billion during the quarter, compared to analysts’ expectations of $8.16 billion. During the same quarter in the previous year, the company earned $2.95 earnings per share. Eaton’s revenue for the quarter was up 21.4% on a year-over-year basis. As a group, sell-side analysts predict that Eaton Corporation, PLC will post 13.59 earnings per share for the current fiscal year.

Eaton Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 27th. Stockholders of record on Tuesday, November 10th will be given a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Tuesday, November 10th. Eaton’s payout ratio is 44.76%.

Trending Headlines about Eaton

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Unusually heavy options activity points to bullish positioning, with investors purchasing 23,934 call options—roughly 225% above average call volume. However, options activity is speculative and does not guarantee further gains.
• Positive Sentiment: Eaton’s aerospace business provides an additional growth avenue beyond electrical equipment. The segment represented 15.5% of 2025 sales and benefits from aviation demand and recurring aftermarket revenue. Eaton’s Aerospace Business Broadens Growth Beyond Electrical
• Positive Sentiment: Strong data-center and grid investment remains the central bullish thesis. Robust results and rising deferred revenue at peer Vertiv suggest that demand for data-center power and cooling infrastructure remains strong rather than slowing. Plugging In: Vertiv Cashes In On AI Demand
• Neutral Sentiment: Analysts are focused on Eaton’s third-quarter revenue, earnings and operating metrics, with expectations shaped by data-center demand and recent acquisitions. The earnings report and management guidance will determine whether the company can meet the high bar set by its prior quarter’s adjusted EPS beat. Ahead of Eaton Q3 Earnings
• Negative Sentiment: Eaton trades at a premium valuation, increasing the risk that even solid results may not satisfy investors. Comparisons with nVent highlight concerns over relative share performance, tariffs and execution, while the stock’s recent decline reflects rising caution ahead of earnings. Eaton vs. nVent: Which Electrical Equipment Stock Has an Edge?

Wall Street Analyst Weigh In

Several research firms have recently issued reports on ETN. Raymond James Financial boosted their price target on shares of Eaton from $465.00 to $525.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. BNP Paribas Exane raised their price objective on shares of Eaton from $490.00 to $500.00 and gave the stock an “outperform” rating in a report on Monday, August 3rd. Morgan Stanley lifted their price objective on shares of Eaton from $500.00 to $520.00 and gave the company an “overweight” rating in a research note on Friday, August 28th. Evercore boosted their target price on shares of Eaton from $502.00 to $515.00 and gave the company an “outperform” rating in a report on Tuesday, August 11th. Finally, Rothschild & Co Redburn increased their target price on Eaton from $386.00 to $403.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 30th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $484.10.

Insider Transactions at Eaton

In other Eaton news, Director Gerald Johnson bought 130 shares of Eaton stock in a transaction that occurred on Thursday, August 13th. The stock was acquired at an average cost of $455.90 per share, for a total transaction of $59,267.00. Following the completion of the transaction, the director directly owned 1,829 shares in the company, valued at $833,841.10. This represents a 7.65% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Heath B. Monesmith sold 18,036 shares of the firm’s stock in a transaction dated 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 completion of the sale, the insider directly owned 50,368 shares in the company, valued at approximately $23,070,558.72. The trade was a 26.37% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.10% of the company’s stock.

Eaton Profile

Eaton Corporation plc is a global intelligent power management company that helps businesses, utilities, data centers, manufacturers and other organizations manage electrical, hydraulic and mechanical power more safely, efficiently and reliably. Its solutions support applications ranging from power distribution and backup systems to industrial automation, building infrastructure and transportation.

The company’s Electrical segment provides products and systems such as circuit breakers, switchgear, power distribution equipment, surge protection, energy management software and data center power solutions.