Munich Reinsurance Co Stock Corp in Munich trimmed its holdings in shares of Eaton Corporation, PLC (NYSE:ETN – Free Report) by 12.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 134,636 shares of the industrial products company’s stock after selling 19,645 shares during the period. Eaton comprises about 1.3% of Munich Reinsurance Co Stock Corp in Munich’s portfolio, making the stock its 29th largest position. Munich Reinsurance Co Stock Corp in Munich’s holdings in Eaton were worth $57,371,000 at the end of the most recent quarter.
A number of other institutional investors have also added to or reduced their stakes in the business. North Star Investment Management Corp. raised its holdings in shares of Eaton by 0.3% in the 1st quarter. North Star Investment Management Corp. now owns 8,101 shares of the industrial products company’s stock valued at $2,897,000 after purchasing an additional 28 shares in the last quarter. Bogart Wealth LLC boosted its stake 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 valued at $781,000 after purchasing an additional 29 shares in the last quarter. Pring Turner Capital Group Inc. increased its holdings in Eaton by 0.3% during the fourth quarter. Pring Turner Capital Group Inc. now owns 10,528 shares of the industrial products company’s stock valued at $3,353,000 after buying an additional 30 shares during the period. Ellevest Inc. raised its stake in Eaton by 2.5% in the fourth quarter. Ellevest Inc. now owns 1,281 shares of the industrial products company’s stock worth $408,000 after buying an additional 31 shares in the last quarter. Finally, Douglass Winthrop Advisors LLC lifted its holdings in Eaton by 1.2% during the fourth quarter. Douglass Winthrop Advisors LLC now owns 2,613 shares of the industrial products company’s stock worth $832,000 after buying an additional 31 shares during the period. Hedge funds and other institutional investors own 82.97% of the company’s stock.
Wall Street Analysts Forecast Growth
ETN has been the topic of several recent research reports. 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, August 3rd. BMO Capital Markets upped their price objective on Eaton from $477.00 to $487.00 and gave the stock an “outperform” rating in a research note on Monday, August 3rd. Citigroup raised their price objective on Eaton from $471.00 to $485.00 and gave the company a “buy” rating in a research report on Monday, August 3rd. Royal Bank Of Canada boosted their target price on shares of Eaton from $484.00 to $512.00 and gave the stock an “outperform” rating in a report on Monday, August 3rd. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of Eaton in a research report on Monday, August 3rd. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Eaton currently has an average rating of “Buy” and an average target price of $442.00.
Eaton Stock Performance
Shares of ETN stock opened at $411.08 on Friday. Eaton Corporation, PLC has a 12-month low of $311.92 and a 12-month high of $478.00. The business’s fifty day simple moving average is $415.42 and its 200-day simple moving average is $398.19. 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 company has a market cap of $159.66 billion, a PE ratio of 41.82, a PEG ratio of 2.51 and a beta of 1.17.
Eaton (NYSE:ETN – Get Free Report) last posted its quarterly earnings data on Friday, July 31st. The industrial products company reported $3.15 earnings per share for the quarter, topping analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $8.16 billion. During the same quarter last year, the firm earned $2.95 EPS. The business’s quarterly revenue 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. Analysts expect that Eaton Corporation, PLC will post 13.56 earnings per share 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 issued a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Friday, August 7th. Eaton’s dividend payout ratio (DPR) is currently 44.76%.
Trending Headlines about Eaton
Here are the key news stories impacting Eaton this week:
- Positive Sentiment: Eaton plans to invest more than $242 million in a 1-million-square-foot facility in North Little Rock, Arkansas. The plant is expected to double Fibrebond’s U.S. capacity for customized electrical enclosures and create approximately 1,200 jobs, helping address supply constraints tied to data centers, utilities and broader electrification. Eaton to Boost U.S. Power Capacity With $242M Arkansas Plant
- Positive Sentiment: Analyst valuation work raised Eaton’s estimated fair value to $475.57 from $464.59, citing AI-related data-center demand, a strong project backlog and improved visibility into electrical-sector growth. Several published price targets are above the revised valuation. Eaton Stock Gets Fair Value Bump As Analysts Back AI Data Center Growth
- Positive Sentiment: Recent results showed continued operating momentum: Eaton beat quarterly earnings expectations, reported revenue growth of 21.4% year over year and issued third-quarter and full-year 2026 earnings guidance that supports the bullish growth narrative.
- Neutral Sentiment: CEO Paulo Ruiz will discuss Eaton’s growth strategy, portfolio transformation and demand across data centers, utilities and aerospace at Morgan Stanley’s Laguna Conference on September 16. The event could provide additional guidance on orders and execution. Eaton to Participate in the Morgan Stanley Laguna Conference
- Neutral Sentiment: High trading volume in Eaton put options indicates some investors are hedging or positioning for weakness, but options activity alone does not establish a clear directional signal. Investors Buy High Volume of Eaton Put Options
- Negative Sentiment: Commentary warns that Eaton’s strong secular growth story is already reflected in a relatively demanding valuation, potentially limiting further gains. Separately, Vertiv’s acquisition of UtilityInnovation Group highlights increasing competition to solve data-center power bottlenecks. Eaton Strong Secular Growth, But Valuation Limits Upside
Insider Transactions at Eaton
In related news, Director Gerald Johnson acquired 130 shares of the business’s stock in a transaction dated Thursday, August 13th. The shares were purchased at an average price of $455.90 per share, for a total transaction of $59,267.00. Following the completion of the acquisition, the director directly owned 1,829 shares in the company, valued at $833,841.10. The trade was a 7.65% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Heath Monesmith sold 18,036 shares of the stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $458.04, for a total transaction of $8,261,209.44. Following the completion of the transaction, the insider directly owned 50,368 shares of the company’s stock, valued at $23,070,558.72. The trade was a 26.37% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.10% of the company’s stock.
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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