Ferguson Wellman Capital Management Inc. Acquires 6,117 Shares of Eaton Corporation, PLC $ETN

Posted by Stanley Muller on Aug 29th, 2026

Ferguson Wellman Capital Management Inc. raised its stake in shares of Eaton Corporation, PLC (NYSE:ETN – Free Report) by 4.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 143,454 shares of the industrial products company’s stock after purchasing an additional 6,117 shares during the quarter. Ferguson Wellman Capital Management Inc.’s holdings in Eaton were worth $61,129,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Clal Insurance Enterprises Holdings Ltd boosted its holdings in Eaton by 239,384.8% in the fourth 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 during the last quarter. Burling Wealth Partners LLC lifted its holdings in shares of 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 buying an additional 4,366 shares during the period. Pioneer Trust Bank N A OR lifted its holdings in shares of 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 valued at $1,984,000 after buying an additional 5,420 shares during the period. Entropy Technologies LP purchased a new position in shares of Eaton in the 4th quarter worth $14,786,000. Finally, S&CO Inc. bought a new stake in shares of Eaton in the second quarter worth $3,824,000. 82.97% of the stock is currently owned by institutional investors.

Eaton Price Performance

Shares of NYSE:ETN opened at $402.56 on Friday. 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 1-year low of $311.92 and a 1-year high of $478.00. The company has a market capitalization of $156.35 billion, a P/E ratio of 40.95, a P/E/G ratio of 2.63 and a beta of 1.18. The firm’s 50 day simple moving average is $417.02 and its two-hundred day simple moving average is $397.78.

Eaton (NYSE:ETN – Get Free Report) last announced its quarterly earnings data on Friday, July 31st. The industrial products company reported $3.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.08 by $0.07. The firm had revenue of $8.53 billion during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period in the prior year, the company posted $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. Research analysts expect that Eaton Corporation, PLC will post 13.55 EPS for the current fiscal year.

Eaton Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Friday, August 7th were paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date was Friday, August 7th. Eaton’s dividend payout ratio is presently 44.76%.

Insider Buying and Selling at Eaton

In related news, insider Adam A. Wadecki sold 525 shares of the stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $440.54, for a total transaction of $231,283.50. Following the completion of the sale, the insider owned 1,054 shares in the company, valued at approximately $464,329.16. This trade represents a 33.25% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Heath B. Monesmith sold 18,036 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $458.04, for a total value of $8,261,209.44. Following the completion of the transaction, the insider directly owned 50,368 shares in the company, valued at approximately $23,070,558.72. This represents a 26.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on ETN. Erste Group Bank assumed coverage on shares of Eaton in a research report on Tuesday, May 5th. They set a “buy” rating for the company. Morgan Stanley lifted their price target on shares of Eaton from $500.00 to $520.00 and gave the stock an “overweight” rating in a research note on Friday. Robert W. Baird set a $500.00 price objective on Eaton and gave the stock an “outperform” rating in a research note on Thursday, August 20th. Evercore raised Eaton from an “in-line” rating to an “outperform” rating and set a $502.00 target price on the stock in a report on Monday, August 3rd. Finally, Wells Fargo & Company lifted their target price on Eaton from $350.00 to $425.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. Three analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Eaton presently has an average rating of “Moderate Buy” and an average target price of $442.00.

Check Out Our Latest Analysis on Eaton

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.