Harbor Investment Advisory LLC Buys 1,247 Shares of Eaton Corporation, PLC $ETN

Posted by Brian Himes on Aug 5th, 2026

Harbor Investment Advisory LLC increased its stake in Eaton Corporation, PLC (NYSE:ETN – Free Report) by 25.9% during the 2nd quarter, HoldingsChannel reports. The firm owned 6,065 shares of the industrial products company’s stock after buying an additional 1,247 shares during the period. Harbor Investment Advisory LLC’s holdings in Eaton were worth $2,584,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Hilton Head Capital Partners LLC bought a new position in shares of Eaton during the 4th quarter valued at $26,000. Sfam LLC bought a new stake in shares of Eaton in the fourth quarter worth $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in shares of Eaton in the fourth quarter worth $28,000. Eagle Bay Advisors LLC purchased a new stake in Eaton during the fourth quarter valued at $29,000. Finally, Boreal Capital Management LLC bought a new position in Eaton in the first quarter valued at about $33,000. 82.97% of the stock is currently owned by hedge funds and other institutional investors.

Eaton Stock Performance

NYSE:ETN opened at $444.36 on Wednesday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.79 and a current ratio of 1.24. The stock has a 50-day simple moving average of $406.63 and a two-hundred day simple moving average of $387.08. The firm has a market capitalization of $172.59 billion, a PE ratio of 45.20, a P/E/G ratio of 2.78 and a beta of 1.18. Eaton Corporation, PLC has a 52-week low of $311.92 and a 52-week high of $451.96.

Eaton (NYSE:ETN – Get Free Report) last posted its quarterly earnings data on Friday, July 31st. The industrial products company reported $3.15 EPS for the quarter, topping the consensus estimate of $3.08 by $0.07. Eaton had a return on equity of 24.58% and a net margin of 12.75%.The firm had revenue of $8.53 billion for the quarter, compared to the consensus estimate of $8.16 billion. During the same quarter last year, the company earned $2.95 earnings per share. The business’s revenue for the quarter was up 21.4% compared to the same quarter last year. Eaton has set its Q3 2026 guidance at 3.460-3.560 EPS and its FY 2026 guidance at 13.400-13.600 EPS. Analysts forecast that Eaton Corporation, PLC will post 13.52 EPS for the current year.

Eaton Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 7th will be paid a dividend of $1.10 per share. The ex-dividend date is Friday, August 7th. This represents a $4.40 dividend on an annualized basis and a yield of 1.0%. Eaton’s dividend payout ratio (DPR) is presently 44.76%.

Trending Headlines about Eaton

Here are the key news stories impacting Eaton this week:

Positive Sentiment: Strong Q2 performance: Eaton reported record sales of approximately $8.5 billion, up 21% year over year, while adjusted earnings per share of $3.15 exceeded the $3.08 consensus estimate. Segment margins reached 23.1%, above the high end of management’s guidance. Eaton rises after record Q2 results and higher full-year outlook
Positive Sentiment: Raised guidance: Eaton increased its full-year 2026 adjusted EPS outlook to $13.40–$13.60 and lifted organic-growth guidance to 11%–13%. Third-quarter EPS guidance was set at $3.46–$3.56, signaling confidence in continued execution. Eaton Analysts Boost Their Forecasts After Strong Q2 Earnings
Positive Sentiment: Data-center demand remains a major catalyst: Electrical Americas orders rose 41%, Electrical Global orders increased 33%, and electrical-sector data-center orders surged about 85% from the prior-year quarter. RBC said Eaton’s construction backlog positions it well for an expected data-center growth cycle. Eaton Well-Positioned for Growth Surge Based on Data Center Construction Backlog
Positive Sentiment: Analyst support improved: BMO Capital Markets raised its price target to $487 from $477 and maintained an Outperform rating. Other analysts also boosted forecasts after the earnings report, reflecting stronger expectations for Eaton’s growth and profitability. Eaton Analysts Boost Their Forecasts After Strong Q2 Earnings
Neutral Sentiment: Long-term performance and valuation: Coverage highlighted Eaton’s strong decade-long investment performance, but the stock trades at a relatively high valuation, with a price-to-earnings ratio above 45. Its median analyst price target of $430 is below the cited trading level, although several targets are higher.
Negative Sentiment: Insider selling: Insiders reported several open-market sales during the past six months and no purchases. The transactions may raise a modest sentiment concern, although they do not directly challenge Eaton’s improved operating outlook.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Evercore raised Eaton from an “in-line” rating to an “outperform” rating and set a $502.00 target price on the stock in a research report on Monday. Erste Group Bank assumed coverage on shares of Eaton in a research note on Tuesday, May 5th. They issued a “buy” rating on the stock. Wells Fargo & Company raised their price objective on shares of Eaton from $350.00 to $425.00 and gave the stock an “equal weight” rating in a report on Wednesday, May 6th. Barclays boosted their target price on shares of Eaton from $340.00 to $392.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. Finally, Citigroup upped their target price on shares of Eaton from $471.00 to $485.00 and gave the company a “buy” rating in a report on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, Eaton presently has an average rating of “Moderate Buy” and an average target price of $430.89.

Read Our Latest Stock Analysis on Eaton

Insiders Place Their Bets

In other news, Director Gerald Johnson acquired 215 shares of Eaton stock in a transaction dated Monday, May 11th. The stock was purchased at an average cost of $419.02 per share, with a total value of $90,089.30. Following the completion of the purchase, the director directly owned 1,629 shares in the company, valued at approximately $682,583.58. This trade represents a 15.21% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Dorothy C. Thompson sold 167 shares of the firm’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $385.00, for a total transaction of $64,295.00. Following the sale, 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. The disclosure for this sale is available in the SEC filing. 0.10% of the stock is owned by company insiders.

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.