Eaton Corporation, PLC $ETN Stock Bought by Kestra Advisory Services LLC

Kestra Advisory Services LLC increased its holdings in shares of Eaton Corporation, PLC (NYSE:ETN) by 1.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 201,522 shares of the industrial products company’s stock after purchasing an additional 2,236 shares during the period. Kestra Advisory Services LLC owned approximately 0.05% of Eaton worth $86,596,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the company. Wellington Management Group LLP lifted its position in shares of Eaton by 19.6% in the second quarter. Wellington Management Group LLP now owns 6,827,266 shares of the industrial products company’s stock worth $2,909,235,000 after purchasing an additional 1,120,567 shares in the last quarter. National Pension Service lifted its stake in Eaton by 3.5% in the 2nd quarter. National Pension Service now owns 864,731 shares of the industrial products company’s stock valued at $368,479,000 after purchasing an additional 29,436 shares during the last quarter. AMF Tjanstepension AB lifted its position in shares of Eaton by 1.4% in the third quarter. AMF Tjanstepension AB now owns 364,814 shares of the industrial products company’s stock valued at $156,764,000 after buying an additional 5,168 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its position in Eaton by 112.6% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 336,060 shares of the industrial products company’s stock worth $120,199,000 after purchasing an additional 178,000 shares during the period. Finally, Assenagon Asset Management S.A. grew its stake in Eaton by 87.1% in the 3rd quarter. Assenagon Asset Management S.A. now owns 282,750 shares of the industrial products company’s stock valued at $121,501,000 after buying an additional 131,624 shares during the last quarter. Institutional investors own 82.97% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have commented on ETN shares. Evercore upped their price objective on Eaton from $502.00 to $515.00 and gave the company an “outperform” rating in a report on Tuesday, August 11th. BNP Paribas Exane boosted their price objective on shares of Eaton from $490.00 to $500.00 and gave the company an “outperform” rating in a research report on Monday, August 3rd. HSBC boosted their target price on Eaton from $440.00 to $460.00 and gave the stock a “buy” rating in a research note on Monday, August 3rd. Wall Street Zen cut Eaton from a “buy” rating to a “hold” rating in a research note on Sunday, August 16th. Finally, Sanford C. Bernstein reiterated an “outperform” rating and set a $534.00 target price (up from $509.00) on shares of Eaton in a research report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, Eaton currently has an average rating of “Moderate Buy” and an average target price of $483.91.

Trending Headlines about Eaton

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Eaton reported record third-quarter revenue of about $8.9 billion and adjusted EPS of $3.68, while its electrical backlog reached roughly $20 billion. Management raised its 2026 organic-growth and earnings outlook and described stronger demand heading into 2027. Eaton Q3 Earnings Call Highlights Stronger 2027 Growth Outlook
• Positive Sentiment: Growth in data centers and the Boyd Thermal business, which provides chip-cooling solutions, is adding to Eaton’s opportunity in power infrastructure. RBC raised its price target to $539 and maintained an outperform rating; Bernstein and KeyBanc also reiterated Buy ratings. What’s Going On With Eaton Shares On Wednesday?
• Neutral Sentiment: Eaton says the shift from AC to DC power in data centers is real and is investing in solid-state transformers to pursue it. However, CEO Paulo Ruiz cautioned that the timing of the transition is outside the company’s control. Eaton CEO: AC to DC migration for data centers is real
• Negative Sentiment: The strong results and raised guidance did not ease market concerns about execution, contributing to a sharp selloff after the earnings report. The reaction suggests investors may be focused on whether Eaton can deliver on ambitious expectations, rather than just its current results. Eaton Stock Sinks As Q3 Results Fail To Calm Execution Fears

Insider Activity at Eaton

In related news, insider Heath B. Monesmith sold 18,036 shares of Eaton stock in a transaction 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 completion of the sale, the insider owned 50,368 shares of the company’s stock, valued at approximately $23,070,558.72. This trade represents a 26.37% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Gerald Johnson purchased 130 shares of the firm’s stock in a transaction on Thursday, August 13th. The shares were acquired at an average price of $455.90 per share, with a total value of $59,267.00. Following the purchase, the director directly owned 1,829 shares in the company, valued at $833,841.10. This represents a 7.65% increase in their position. The SEC filing for this purchase provides additional information. Insiders own 0.10% of the company’s stock.

Eaton Stock Down 7.7%

Shares of Eaton stock opened at $325.97 on Friday. The firm has a market cap of $126.61 billion, a price-to-earnings ratio of 32.56, a PEG ratio of 2.01 and a beta of 1.15. Eaton Corporation, PLC has a one year low of $311.92 and a one year high of $478.00. The stock’s 50-day moving average is $406.61 and its 200 day moving average is $396.56. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.23 and a quick ratio of 0.79.

Eaton (NYSE:ETN) last released its quarterly earnings data on Tuesday, November 3rd. The industrial products company reported $3.68 earnings per share for the quarter, beating the consensus estimate of $3.54 by $0.14. The company had revenue of $8.95 billion during the quarter, compared to analyst estimates of $8.53 billion. Eaton had a net margin of 12.18% and a return on equity of 25.09%. Eaton’s revenue for the quarter was up 28.0% compared to the same quarter last year. During the same quarter in the previous year, the business posted $3.07 EPS. Equities research analysts anticipate that Eaton Corporation, PLC will post 13.82 EPS for the current year.

Eaton Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 27th. Shareholders of record on Tuesday, November 10th will be paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Tuesday, November 10th. Eaton’s dividend payout ratio (DPR) is 43.96%.

About Eaton

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.