Eaton Corporation, PLC $ETN Shares Bought by Prime Capital Investment Advisors LLC

Prime Capital Investment Advisors LLC boosted its stake in Eaton Corporation, PLC (NYSE:ETN) by 7.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,199 shares of the industrial products company’s stock after buying an additional 3,139 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Eaton were worth $17,290,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Mediolanum International Funds Ltd boosted its stake in Eaton by 93.4% during the second quarter. Mediolanum International Funds Ltd now owns 106,114 shares of the industrial products company’s stock worth $37,483,000 after buying an additional 51,255 shares during the period. Baird Financial Group Inc. lifted its holdings in shares of Eaton by 8.8% in the 2nd quarter. Baird Financial Group Inc. now owns 370,531 shares of the industrial products company’s stock worth $132,276,000 after acquiring an additional 29,900 shares during the last quarter. Resolute Capital Asset Partners LLC purchased a new position in shares of Eaton during the 2nd quarter worth approximately $8,032,000. SG Americas Securities LLC increased its holdings in Eaton by 12.5% in the 2nd quarter. SG Americas Securities LLC now owns 183,204 shares of the industrial products company’s stock valued at $65,402,000 after purchasing an additional 20,409 shares during the last quarter. Finally, Bartlett & CO. Wealth Management LLC raised its position in Eaton by 9.8% in the third quarter. Bartlett & CO. Wealth Management LLC now owns 218,072 shares of the industrial products company’s stock valued at $81,613,000 after purchasing an additional 19,505 shares during the period. Hedge funds and other institutional investors own 82.97% of the company’s stock.

Analyst Upgrades and Downgrades

ETN has been the topic of a number of analyst reports. Morgan Stanley reiterated an “overweight” rating and issued a $425.00 price objective on shares of Eaton in a report on Wednesday. KeyCorp increased their price target on shares of Eaton from $410.00 to $420.00 and gave the company an “overweight” rating in a research note on Tuesday, October 14th. UBS Group restated a “neutral” rating and issued a $360.00 target price (down previously from $440.00) on shares of Eaton in a report on Sunday, January 4th. Citigroup dropped their target price on shares of Eaton from $442.00 to $435.00 and set a “buy” rating on the stock in a research report on Monday, January 12th. Finally, Wolfe Research raised shares of Eaton from a “peer perform” rating to an “outperform” rating and set a $413.00 price target for the company in a research report on Tuesday, December 9th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $387.20.

Insider Transactions at Eaton

In related news, Director Gerald Johnson acquired 200 shares of the stock in a transaction dated Tuesday, November 18th. The stock was bought at an average cost of $339.89 per share, with a total value of $67,978.00. Following the purchase, the director directly owned 400 shares of the company’s stock, valued at approximately $135,956. This represents a 100.00% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders own 0.30% of the company’s stock.

Eaton Price Performance

Shares of NYSE ETN opened at $362.04 on Friday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.79 and a current ratio of 1.32. Eaton Corporation, PLC has a one year low of $231.85 and a one year high of $399.56. The company’s fifty day moving average is $334.58 and its two-hundred day moving average is $354.58. The firm has a market capitalization of $140.62 billion, a P/E ratio of 34.31, a PEG ratio of 2.44 and a beta of 1.20.

Eaton (NYSE:ETN) last posted its earnings results on Tuesday, February 3rd. The industrial products company reported $3.33 earnings per share for the quarter, meeting the consensus estimate of $3.33. Eaton had a net margin of 14.89% and a return on equity of 25.00%. The firm had revenue of $7.06 billion during the quarter, compared to the consensus estimate of $7.15 billion. During the same period last year, the firm posted $2.83 EPS. The firm’s revenue for the quarter was up 13.1% on a year-over-year basis. Eaton has set its Q1 2026 guidance at 2.650-2.850 EPS and its FY 2026 guidance at 13.000-13.500 EPS. Analysts forecast that Eaton Corporation, PLC will post 12.02 EPS for the current fiscal year.

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.