Knuff & Co LLC Acquires New Shares in Eaton Corporation, PLC $ETN

Posted by Francis Steltz on Aug 20th, 2026

Knuff & Co LLC acquired a new position in Eaton Corporation, PLC (NYSE:ETN – Free Report) in the 2nd quarter, Holdings Channel.com reports. The institutional investor acquired 1,333 shares of the industrial products company’s stock, valued at approximately $568,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Great Lakes Advisors LLC purchased a new stake in shares of Eaton during the 2nd quarter valued at about $1,159,000. Foster & Motley Inc. purchased a new position in shares of Eaton during the second quarter valued at approximately $2,969,000. Commerzbank Aktiengesellschaft FI bought a new position in Eaton during the second quarter valued at approximately $1,469,000. Trust Co. of Vermont bought a new position in Eaton during the second quarter valued at approximately $23,027,000. Finally, Plato Investment Management Ltd purchased a new stake in Eaton in the second quarter worth approximately $5,411,000. Institutional investors own 82.97% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on ETN shares. JPMorgan Chase & Co. boosted their target price on shares of Eaton from $406.00 to $445.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. Morgan Stanley reaffirmed an “overweight” rating and issued a $500.00 price objective on shares of Eaton in a report on Sunday, May 10th. KeyCorp increased their target price on Eaton from $420.00 to $480.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Barclays raised their target price on Eaton from $340.00 to $392.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Finally, Evercore raised shares of Eaton from an “in-line” rating to an “outperform” rating and set a $502.00 price target for the company in a research report on Monday, August 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $437.41.

View Our Latest Research Report on Eaton

Eaton Trading Down 1.7%

Eaton stock opened at $424.10 on Thursday. 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 $164.72 billion, a price-to-earnings ratio of 43.14, a P/E/G ratio of 2.73 and a beta of 1.18. The firm has a 50 day moving average of $416.27 and a 200 day moving average of $395.47. 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 (NYSE:ETN – Get Free Report) last issued its quarterly earnings results on Friday, July 31st. The industrial products company reported $3.15 earnings per share for the quarter, beating the consensus estimate of $3.08 by $0.07. The business had revenue of $8.53 billion for the quarter, compared to the consensus estimate of $8.16 billion. Eaton had a net margin of 12.75% and a return on equity of 24.58%. The company’s revenue for the quarter was up 21.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.95 earnings per share. 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, research analysts predict that Eaton Corporation, PLC will post 13.55 earnings per share for the current year.

Eaton Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 7th will be issued a $1.10 dividend. The ex-dividend date of this dividend is Friday, August 7th. This represents a $4.40 annualized dividend and a yield of 1.0%. Eaton’s dividend payout ratio is currently 44.76%.

Insiders Place Their Bets

In other Eaton news, 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 cost of $455.90 per share, with a total value of $59,267.00. Following the completion of the acquisition, the director directly owned 1,829 shares in the company, valued at $833,841.10. The trade was 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 the SEC website. Also, Director Dorothy C. Thompson sold 167 shares of the business’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $385.00, for a total value of $64,295.00. Following the completion of the transaction, the director owned 1,096 shares in the company, valued at $421,960. The trade was a 13.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 18,728 shares of company stock worth $8,556,788. 0.10% of the stock is currently owned by corporate insiders.

Key Stories Impacting Eaton

Here are the key news stories impacting Eaton this week:

Positive Sentiment: Eaton’s Electrical Americas segment continues to benefit from rising demand for power-management equipment tied to artificial-intelligence data centers, electrification and grid investment. Strong margins, backlog growth and capacity expansion support the company’s long-term growth outlook. Eaton’s Electrical Americas: Is it Capitalizing on Power Demand?
Positive Sentiment: An article highlighted Eaton and Trane Technologies as beneficiaries of the need to power and cool expanding AI data centers, reinforcing Eaton’s positioning in a high-growth infrastructure market and its appeal as a dividend-paying industrial stock. 2 Under-the-Radar AI Data Center Stocks to Buy Now
Positive Sentiment: A reported insider purchase provided a modest confidence signal, although recent insider activity also included several sales, limiting the significance of the buying. Eaton Stock Price Up on Insider Buying Activity
Neutral Sentiment: Eaton appointed Shawn Black, a veteran aerospace and defense executive, as president of its Aerospace Group. The leadership change could support execution in a strong end market, but no immediate financial impact was disclosed. Eaton Names Shawn Black President, Aerospace
Neutral Sentiment: A separate article described an options strategy designed to generate roughly 13% annualized income from ETN shares. This may attract income-oriented investors but does not change Eaton’s operating outlook. How To Bank 13% A Year On ETN Stock Without Selling A Share
Negative Sentiment: Zacks Research trimmed several 2027 and 2028 EPS forecasts, including FY2027 from $15.69 to $15.41 and FY2028 from $17.70 to $17.30. The reductions were small but indicate somewhat lower expectations for longer-term earnings growth.
Negative Sentiment: Recent selling appeared driven more by profit-taking and rotation away from richly valued industrial growth stocks than by deteriorating fundamentals. Eaton’s latest quarter showed record sales of about $8.5 billion, adjusted EPS of $3.15, 14% organic growth and raised full-year adjusted EPS guidance of $13.40–$13.60, but its elevated valuation leaves the stock vulnerable to higher interest rates and weaker market sentiment. Eaton shares sink as investors appear to rotate out despite strong recent results

Eaton Profile

(Free Report)

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.