Bowen Hanes & Co. Inc. Has $64.77 Million Stock Position in Eaton Corporation, PLC $ETN

Posted by on Jun 4th, 2026

Bowen Hanes & Co. Inc. grew its position in shares of Eaton Corporation, PLC (NYSE:ETN – Free Report) by 3.9% in the fourth quarter, HoldingsChannel reports. The fund owned 203,355 shares of the industrial products company’s stock after acquiring an additional 7,575 shares during the period. Eaton makes up 1.6% of Bowen Hanes & Co. Inc.’s portfolio, making the stock its 26th largest position. Bowen Hanes & Co. Inc.’s holdings in Eaton were worth $64,771,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Jones Financial Companies Lllp boosted its position in Eaton by 9.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 45,998 shares of the industrial products company’s stock worth $16,830,000 after acquiring an additional 4,156 shares during the last quarter. Aventura Private Wealth LLC acquired a new position in Eaton during the 4th quarter worth approximately $1,339,000. Farmers National Bank acquired a new position in Eaton during the 3rd quarter worth approximately $1,530,000. Ransom Advisory Ltd bought a new stake in shares of Eaton during the 4th quarter worth approximately $3,881,000. Finally, Morse Asset Management Inc raised its stake in shares of Eaton by 3,937.1% during the 3rd quarter. Morse Asset Management Inc now owns 4,239 shares of the industrial products company’s stock worth $1,586,000 after purchasing an additional 4,134 shares in the last quarter. Institutional investors and hedge funds own 82.97% of the company’s stock.

Eaton Stock Up 1.3%

ETN opened at $422.84 on Thursday. Eaton Corporation, PLC has a 1-year low of $311.92 and a 1-year high of $435.43. The stock’s fifty day simple moving average is $394.97 and its 200 day simple moving average is $363.90. The company has a current ratio of 1.19, a quick ratio of 0.75 and a debt-to-equity ratio of 0.94. The stock has a market cap of $164.19 billion, a PE ratio of 41.33, a price-to-earnings-growth ratio of 2.68 and a beta of 1.19.

Eaton (NYSE:ETN – Get Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $2.81 earnings per share for the quarter, beating analysts’ consensus estimates of $2.73 by $0.08. Eaton had a return on equity of 24.72% and a net margin of 13.99%.The business had revenue of $7.45 billion for the quarter, compared to analysts’ expectations of $7.14 billion. During the same quarter in the prior year, the business earned $2.72 EPS. The firm’s revenue for the quarter was up 16.8% on a year-over-year basis. Eaton has set its Q2 2026 guidance at 3.000-3.100 EPS and its FY 2026 guidance at 13.050-13.500 EPS. As a group, research analysts expect that Eaton Corporation, PLC will post 13.32 earnings per share for the current year.

Eaton Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 8th were given a dividend of $1.10 per share. The ex-dividend date was Friday, May 8th. This represents a $4.40 annualized dividend and a yield of 1.0%. Eaton’s dividend payout ratio (DPR) is presently 43.01%.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the company. KeyCorp upped their price objective on Eaton from $420.00 to $480.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Jefferies Financial Group assumed coverage on Eaton in a research note on Monday, March 16th. They set a “buy” rating and a $430.00 price objective on the stock. Royal Bank Of Canada upped their price objective on Eaton from $457.00 to $484.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 6th. Erste Group Bank assumed coverage on Eaton in a research note on Tuesday, May 5th. They set a “buy” rating on the stock. Finally, Morgan Stanley reiterated an “overweight” rating and set a $500.00 price objective on shares of Eaton in a research note on Sunday, May 10th. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Eaton has a consensus rating of “Moderate Buy” and a consensus target price of $420.95.

View Our Latest Analysis on Eaton

Insider Activity

In other Eaton news, Director Dorothy C. Thompson sold 167 shares of the stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $385.00, for a total transaction of $64,295.00. Following the transaction, the director owned 1,096 shares in the company, valued at $421,960. This trade represents a 13.22% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Peter Denk sold 2,000 shares of the stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $417.94, for a total value of $835,880.00. Following the transaction, the insider owned 7,102 shares in the company, valued at $2,968,209.88. The trade was a 21.97% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 21,028 shares of company stock worth $8,614,793. Corporate insiders own 0.10% of the company’s stock.

Eaton Company 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.

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Institutional Ownership by Quarter for Eaton (NYSE:ETN)

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