Tudor Financial Inc. decreased its position in shares of Eaton Corporation, PLC (NYSE:ETN – Free Report) by 67.6% during the second quarter, Holdings Channel reports. The institutional investor owned 926 shares of the industrial products company’s stock after selling 1,935 shares during the period. Tudor Financial Inc.’s holdings in Eaton were worth $395,000 at the end of the most recent reporting period.
Other institutional investors have also bought and sold shares of the company. North Star Investment Management Corp. raised its holdings in Eaton by 0.3% during the first quarter. North Star Investment Management Corp. now owns 8,101 shares of the industrial products company’s stock valued at $2,897,000 after acquiring an additional 28 shares during the period. Bogart Wealth LLC grew its position in shares of Eaton by 1.3% during the first quarter. Bogart Wealth LLC now owns 2,184 shares of the industrial products company’s stock worth $781,000 after purchasing an additional 29 shares in the last quarter. Pring Turner Capital Group Inc. raised its stake in Eaton by 0.3% during the 4th quarter. Pring Turner Capital Group Inc. now owns 10,528 shares of the industrial products company’s stock valued at $3,353,000 after purchasing an additional 30 shares during the period. Ellevest Inc. lifted its holdings in Eaton by 2.5% in the 4th quarter. Ellevest Inc. now owns 1,281 shares of the industrial products company’s stock worth $408,000 after purchasing an additional 31 shares in the last quarter. Finally, Douglass Winthrop Advisors LLC boosted its stake in Eaton by 1.2% in the 4th quarter. Douglass Winthrop Advisors LLC now owns 2,613 shares of the industrial products company’s stock worth $832,000 after purchasing an additional 31 shares during the period. Hedge funds and other institutional investors own 82.97% of the company’s stock.
Insider Buying and Selling
In other news, Director Gerald Johnson bought 130 shares of Eaton stock in a transaction dated Thursday, August 13th. The shares were acquired at an average price of $455.90 per share, with a total value of $59,267.00. Following the completion of the purchase, the director owned 1,829 shares in the company, valued at $833,841.10. The trade was a 7.65% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Adam A. Wadecki sold 525 shares of the firm’s 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 of the company’s stock, valued at $464,329.16. This trade represents a 33.25% decrease in their position. The SEC filing for this sale provides additional information. 0.10% of the stock is owned by corporate insiders.
Trending Headlines about Eaton
- Positive Sentiment: Eaton plans to invest more than $242 million in a new North Little Rock, Arkansas, manufacturing facility for modular electrical enclosures. The project is intended to expand U.S. capacity and serve growing demand from data centers, utilities and other critical-infrastructure customers, reinforcing Eaton’s long-term growth outlook. Eaton expands manufacturing for modular electrical enclosures
- Positive Sentiment: Zacks Research issued a favorable forecast for Eaton’s third-quarter earnings. The view aligns with the company’s recent revenue growth, earnings beat and strong demand across electrical, aerospace and data-center markets. Zacks Research Has Positive Forecast for Eaton Q3 Earnings
- Positive Sentiment: Eaton’s supplier-recognition program, including awards to Formerra and Advanced Technology Services, highlights the company’s extensive supply-chain relationships and efforts to support execution as production expands. The announcements are strategically positive but have limited direct earnings impact. Formerra Receives 2026 Eaton Supplier Excellence Award
- Neutral Sentiment: CEO Paulo Ruiz will discuss Eaton’s growth strategy, portfolio transformation and demand trends at Morgan Stanley’s Laguna Conference on September 16. Investors may look for additional guidance, but no new financial targets were announced. Eaton to participate in the Morgan Stanley Laguna Conference
- Negative Sentiment: Analysts continue to caution that Eaton’s strong secular growth is already reflected in its valuation, with a price-to-earnings ratio above 40. This could limit upside and increase sensitivity to any execution or earnings disappointment. Eaton: Strong Secular Growth, But Valuation Limits Upside
- Negative Sentiment: Reports of unusually high trading volume in Eaton put options indicate some investors are positioning for downside or hedging existing holdings. Options activity is not definitive, but it adds a cautious signal around the stock. Investors Buy High Volume of Eaton Put Options
Analyst Upgrades and Downgrades
A number of brokerages have issued reports on ETN. Robert W. Baird set a $500.00 price objective on shares of Eaton and gave the company an “outperform” rating in a report on Thursday, August 20th. Citigroup upped their target price on shares of Eaton from $471.00 to $485.00 and gave the stock a “buy” rating in a research report on Monday, August 3rd. Morgan Stanley raised their target price on shares of Eaton from $500.00 to $520.00 and gave the company an “overweight” rating in a research note on Friday, August 28th. Wall Street Zen cut shares of Eaton from a “buy” rating to a “hold” rating in a research note on Sunday, August 16th. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of Eaton in a report on Monday, August 3rd. Three analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $442.00.
Get Our Latest Stock Report on ETN
Eaton Stock Up 1.4%
Shares of NYSE:ETN opened at $396.47 on Friday. The company has a current ratio of 1.24, a quick ratio of 0.79 and a debt-to-equity ratio of 0.91. Eaton Corporation, PLC has a 12 month low of $311.92 and a 12 month high of $478.00. The company has a 50-day moving average price of $415.27 and a 200 day moving average price of $398.10. The company has a market cap of $153.99 billion, a price-to-earnings ratio of 40.33, a PEG ratio of 2.47 and a beta of 1.17.
Eaton (NYSE:ETN – Get Free Report) last issued its quarterly earnings data on Friday, July 31st. The industrial products company reported $3.15 earnings per share 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 company had revenue of $8.53 billion for the quarter, compared to analysts’ expectations of $8.16 billion. During the same period in the previous year, the firm posted $2.95 earnings per share. The firm’s revenue for the quarter was up 21.4% on a year-over-year basis. Eaton has set its Q3 2026 guidance at 3.460-3.560 EPS and its FY 2026 guidance at 13.400-13.600 EPS. As a group, equities research analysts predict that Eaton Corporation, PLC will post 13.56 earnings per share for the current year.
Eaton Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Friday, August 7th were issued a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 1.1%. The ex-dividend date was Friday, August 7th. Eaton’s dividend payout ratio is presently 44.76%.
Eaton Profile
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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