Eaton (NYSE:ETN) Director Acquires $32,895.10 in Stock

Eaton Corporation, PLC (NYSE:ETNGet Free Report) Director Gerald Johnson purchased 70 shares of the firm’s stock in a transaction on Wednesday, August 12th. The shares were purchased at an average cost of $469.93 per share, with a total value of $32,895.10. Following the completion of the purchase, the director owned 1,699 shares in the company, valued at $798,411.07. This represents a 4.30% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Gerald Johnson also recently made the following trade(s):

  • On Thursday, August 13th, Gerald Johnson acquired 130 shares of Eaton stock. The shares were acquired at an average price of $455.90 per share, with a total value of $59,267.00.

Eaton Price Performance

Shares of ETN traded down $1.24 during mid-day trading on Friday, hitting $452.09. The company’s stock had a trading volume of 1,396,747 shares, compared to its average volume of 2,658,022. The firm has a 50-day moving average price of $412.53 and a 200 day moving average price of $392.72. The stock has a market capitalization of $175.59 billion, a price-to-earnings ratio of 45.99, a PEG ratio of 2.91 and a beta of 1.18. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.24 and a quick ratio of 0.79. Eaton Corporation, PLC has a fifty-two week low of $311.92 and a fifty-two week high of $478.00.

Eaton (NYSE:ETNGet Free Report) last released its earnings results on Friday, July 31st. The industrial products company reported $3.15 EPS for the quarter, beating the consensus estimate of $3.08 by $0.07. The business had revenue of $8.53 billion during the quarter, compared to analyst estimates of $8.16 billion. Eaton had a net margin of 12.75% and a return on equity of 24.58%. The business’s quarterly revenue was up 21.4% on a year-over-year basis. During the same period in the prior year, the business 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. On average, research analysts predict that Eaton Corporation, PLC will post 13.54 EPS for the current fiscal year.

Eaton Dividend Announcement

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

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Erste Group Bank initiated coverage on Eaton in a research report on Tuesday, May 5th. They set a “buy” rating on the stock. Barclays increased their price target on Eaton from $340.00 to $392.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. Citigroup boosted their price objective on Eaton from $471.00 to $485.00 and gave the stock a “buy” rating in a report on Monday, August 3rd. Wells Fargo & Company upped their price objective on shares of Eaton from $350.00 to $425.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. Finally, Wall Street Zen upgraded shares of Eaton from a “hold” rating to a “buy” rating in a report on Saturday, August 8th. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $431.78.

Read Our Latest Analysis on Eaton

Institutional Trading of Eaton

A number of hedge funds have recently modified their holdings of the business. Clal Insurance Enterprises Holdings Ltd grew its holdings in shares of Eaton by 239,384.8% during the fourth quarter. Clal Insurance Enterprises Holdings Ltd now owns 158,060 shares of the industrial products company’s stock valued at $50,344,000 after buying an additional 157,994 shares in the last quarter. Burling Wealth Partners LLC lifted its stake in Eaton by 63.0% in the 4th quarter. Burling Wealth Partners LLC now owns 11,296 shares of the industrial products company’s stock worth $3,598,000 after acquiring an additional 4,366 shares in the last quarter. Pioneer Trust Bank N A OR boosted its position in Eaton by 669.1% during the 4th quarter. Pioneer Trust Bank N A OR now owns 6,230 shares of the industrial products company’s stock worth $1,984,000 after acquiring an additional 5,420 shares during the period. Entropy Technologies LP acquired a new stake in Eaton during the 4th quarter worth about $14,786,000. Finally, Kingswood Wealth Advisors LLC grew its stake in Eaton by 41.0% during the 4th quarter. Kingswood Wealth Advisors LLC now owns 25,072 shares of the industrial products company’s stock valued at $7,986,000 after acquiring an additional 7,296 shares in the last quarter. Hedge funds and other institutional investors own 82.97% of the company’s stock.

About Eaton

(Get 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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Insider Buying and Selling by Quarter for Eaton (NYSE:ETN)

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