Eaton Corporation, PLC (NYSE:ETN – Get Free Report) Director Gerald Johnson acquired 130 shares of Eaton stock in a transaction on Thursday, August 13th. The shares were bought at an average cost of $455.90 per share, for a total transaction of $59,267.00. Following the completion of the transaction, the director owned 1,829 shares in the company, valued at approximately $833,841.10. This trade represents a 7.65% increase in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Gerald Johnson also recently made the following trade(s):
- On Wednesday, August 12th, Gerald Johnson bought 70 shares of Eaton stock. The stock was bought at an average cost of $469.93 per share, with a total value of $32,895.10.
Eaton Trading Down 0.3%
Shares of ETN opened at $452.09 on Friday. Eaton Corporation, PLC has a 1-year low of $311.92 and a 1-year high of $478.00. The company has a current ratio of 1.24, a quick ratio of 0.79 and a debt-to-equity ratio of 0.91. The firm’s 50-day moving average price is $413.64 and its 200-day moving average price is $393.14. The firm has a market capitalization of $175.59 billion, a price-to-earnings ratio of 45.99, a PEG ratio of 2.86 and a beta of 1.18.
Eaton Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 7th will be given a $1.10 dividend. The ex-dividend date of this dividend is Friday, August 7th. This represents a $4.40 annualized dividend and a dividend yield of 1.0%. Eaton’s dividend payout ratio is currently 44.76%.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the stock. Clal Insurance Enterprises Holdings Ltd boosted its stake in Eaton by 239,384.8% in the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 158,060 shares of the industrial products company’s stock worth $50,344,000 after purchasing an additional 157,994 shares in the last quarter. Burling Wealth Partners LLC increased its stake in Eaton by 63.0% during the 4th quarter. Burling Wealth Partners LLC now owns 11,296 shares of the industrial products company’s stock valued at $3,598,000 after purchasing an additional 4,366 shares in the last quarter. Pioneer Trust Bank N A OR raised its holdings in Eaton by 669.1% in the fourth quarter. Pioneer Trust Bank N A OR now owns 6,230 shares of the industrial products company’s stock worth $1,984,000 after buying an additional 5,420 shares during the last quarter. Entropy Technologies LP purchased a new position in Eaton in the fourth quarter worth about $14,786,000. Finally, Kingswood Wealth Advisors LLC lifted its stake in shares of Eaton by 41.0% in the fourth quarter. Kingswood Wealth Advisors LLC now owns 25,072 shares of the industrial products company’s stock worth $7,986,000 after buying an additional 7,296 shares in the last quarter. Hedge funds and other institutional investors own 82.97% of the company’s stock.
Key Headlines Impacting Eaton
Here are the key news stories impacting Eaton this week:
- Positive Sentiment: Demand for data-center power distribution units is projected to exceed $14 billion by 2032, with AI workloads expected to be the fastest-growing segment. Eaton is identified as a key market participant alongside Schneider Electric, Vertiv, Legrand and ABB, reinforcing the company’s exposure to AI and hyperscale infrastructure spending. Data Center PDU Market Outlook
- Positive Sentiment: Director Gerald Johnson bought a combined 200 Eaton shares for approximately $92,162 in two transactions, increasing his direct holdings. Although modest relative to the company’s market value, insider buying can signal confidence in the stock’s outlook.
- Positive Sentiment: Erste Group Bank raised its fiscal 2026 EPS estimates for Eaton, adding to the favorable analyst view. Eaton recently exceeded quarterly earnings and revenue expectations, and management’s full-year EPS guidance remains strong. FY2026 EPS Estimates for Eaton Lifted
- Neutral Sentiment: Eaton’s valuation remains demanding, with a price-to-earnings ratio near 46 and shares close to their 52-week high. This leaves the stock more sensitive to profit-taking or any evidence that AI-related infrastructure growth is being priced in ahead of actual results.
- Negative Sentiment: Insider Heath Monesmith sold 18,036 shares for approximately $8.26 million, reducing his position by 26.37%. The transaction may be routine, but its size can weigh on sentiment and likely contributes to the stock’s weaker trading today. Eaton Insider Selling
Wall Street Analysts Forecast Growth
Several equities research analysts recently weighed in on the company. Weiss Ratings lowered Eaton from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday. BMO Capital Markets raised their price objective on Eaton from $477.00 to $487.00 and gave the company an “outperform” rating in a research report on Monday, August 3rd. Wall Street Zen downgraded shares of Eaton from a “buy” rating to a “hold” rating in a research report on Sunday. Erste Group Bank began coverage on shares of Eaton in a research note on Tuesday, May 5th. They issued a “buy” rating for the company. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of Eaton in a research report on Monday, August 3rd. Two research analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $431.78.
Get Our Latest Analysis on Eaton
About Eaton
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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