Knights of Columbus Asset Advisors LLC Purchases 15,789 Shares of Eaton Corporation, PLC $ETN

Knights of Columbus Asset Advisors LLC acquired a new stake in Eaton Corporation, PLC (NYSE:ETN) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 15,789 shares of the industrial products company’s stock, valued at approximately $6,785,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Mesirow Financial Investment Management Inc. lifted its position in shares of Eaton by 28.7% during the third quarter. Mesirow Financial Investment Management Inc. now owns 3,373 shares of the industrial products company’s stock worth $1,450,000 after purchasing an additional 753 shares in the last quarter. Woodley Farra Manion Portfolio Management Inc. boosted its stake in shares of Eaton by 17.7% in the third quarter. Woodley Farra Manion Portfolio Management Inc. now owns 18,776 shares of the industrial products company’s stock valued at $8,068,000 after purchasing an additional 2,824 shares during the period. 71 West Capital Partners grew its holdings in shares of Eaton by 3.7% in the third quarter. 71 West Capital Partners now owns 4,742 shares of the industrial products company’s stock valued at $2,038,000 after purchasing an additional 169 shares in the last quarter. AEGON ASSET MANAGEMENT UK Plc grew its holdings in shares of Eaton by 0.8% in the third quarter. AEGON ASSET MANAGEMENT UK Plc now owns 267,498 shares of the industrial products company’s stock valued at $114,947,000 after purchasing an additional 2,248 shares in the last quarter. Finally, Gryphon Financial Partners LLC grew its holdings in shares of Eaton by 1.3% in the third quarter. Gryphon Financial Partners LLC now owns 4,121 shares of the industrial products company’s stock valued at $1,771,000 after purchasing an additional 54 shares in the last quarter. Hedge funds and other institutional investors own 82.97% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on ETN shares. Deutsche Bank Aktiengesellschaft upped their target price on shares of Eaton from $493.00 to $521.00 and gave the stock a “buy” rating in a research note on Wednesday, September 30th. Robert W. Baird started coverage on shares of Eaton in a research report on Thursday, August 20th. They issued an “outperform” rating and a $500.00 price target for the company. Weiss Ratings downgraded shares of Eaton from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, October 23rd. Citigroup upped their price objective on Eaton from $485.00 to $498.00 and gave the stock a “buy” rating in a research report on Monday, October 12th. Finally, Raymond James Financial reiterated an “outperform” rating and issued a $485.00 price objective on shares of Eaton in a research note on Monday. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $482.09.

Eaton News Summary

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Recent coverage says record third-quarter sales led Eaton to raise its 2026 outlook again. The supplied results also show earnings and revenue ahead of consensus, reinforcing the company’s operating momentum. Eaton stock: Record Q3 sales lift 2026 outlook again
• Positive Sentiment: Hyperscalers are projected to spend $1.3 trillion on capital investment in 2027. Eaton could benefit from demand for the electrical infrastructure needed to build and power data centers, although the projection does not guarantee specific orders for Eaton. Hyperscalers Are Projected to Spend $1.3 Trillion on Capex in 2027
• Positive Sentiment: RBC reportedly sees 58% upside, offering a bullish counterpoint to recent weakness. Eaton was selected to supply hydraulic and fuel-system technologies for Dassault Aviation’s Falcon 10X, adding an aerospace program win, though financial terms were not reported. RBC Sees 58% Upside From Here Eaton selected for Dassault Falcon 10X
• Negative Sentiment: Eaton has fallen sharply over the past month as concerns about Meta’s spending plans and political developments weighed on AI power-equipment stocks broadly. That sector-wide pressure may be offsetting Eaton’s strong results and longer-term data-center opportunity. Eaton Lost 23% in a Month
• Negative Sentiment: Raymond James lowered its price target to $485 from $525. The cut signals a more cautious view, even though the revised target remains above the share price referenced in the supplied background. Raymond James Adjusts Price Target on Eaton

Eaton Stock Performance

Shares of ETN opened at $354.34 on Wednesday. Eaton Corporation, PLC has a 1 year low of $311.92 and a 1 year high of $478.00. The stock has a market capitalization of $137.66 billion, a PE ratio of 35.40, a PEG ratio of 2.26 and a beta of 1.15. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.78 and a current ratio of 1.23. The stock has a 50-day simple moving average of $403.30 and a 200-day simple moving average of $396.80.

Eaton (NYSE:ETN) last issued its earnings results 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 firm had revenue of $8.95 billion for the quarter, compared to analysts’ expectations of $8.53 billion. Eaton had a net margin of 12.18% and a return on equity of 25.09%. The firm’s revenue was up 28.0% compared to the same quarter last year. During the same quarter last year, the company earned $3.07 earnings per share. On average, analysts predict that Eaton Corporation, PLC will post 13.78 earnings per share for the current fiscal 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 given a $1.10 dividend. The ex-dividend date of this dividend is Tuesday, November 10th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.2%. Eaton’s dividend payout ratio is currently 43.96%.

Insider Activity at Eaton

In other news, Director Gerald Johnson acquired 130 shares of Eaton stock in a transaction dated Thursday, August 13th. The shares were acquired at an average cost of $455.90 per share, for a total transaction of $59,267.00. Following the acquisition, the director owned 1,829 shares of the company’s stock, valued at $833,841.10. This trade represents a 7.65% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.10% of the company’s stock.

Eaton Company Profile

Eaton is a global power management company that designs and manufactures products and services intended to help customers manage electrical, hydraulic and mechanical power. Founded in 1911, the company serves customers across a range of industries, including utilities, commercial buildings, data centers, aerospace and transportation. Its offerings include electrical distribution and circuit protection equipment, power quality and backup systems, and power management software and services. Eaton also makes aerospace components and systems, as well as products for vehicle powertrains and related applications.