Scholtz & Company LLC increased its stake in Eaton Corporation, PLC (NYSE:ETN – Free Report) by 18.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 12,215 shares of the industrial products company’s stock after purchasing an additional 1,884 shares during the quarter. Eaton comprises about 2.6% of Scholtz & Company LLC’s portfolio, making the stock its 14th biggest holding. Scholtz & Company LLC’s holdings in Eaton were worth $5,205,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also recently bought and sold shares of the company. Brighton Jones LLC increased its stake in shares of Eaton by 1.4% during the fourth quarter. Brighton Jones LLC now owns 3,341 shares of the industrial products company’s stock valued at $1,109,000 after acquiring an additional 45 shares during the period. Revolve Wealth Partners LLC lifted its position in Eaton by 17.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 913 shares of the industrial products company’s stock worth $303,000 after purchasing an additional 136 shares during the period. Empowered Funds LLC boosted its stake in Eaton by 5.6% during the 1st quarter. Empowered Funds LLC now owns 9,402 shares of the industrial products company’s stock valued at $2,556,000 after purchasing an additional 496 shares in the last quarter. Vista Capital Partners Inc. acquired a new position in shares of Eaton during the 2nd quarter valued at $259,000. Finally, Tandem Wealth Advisors LLC increased its position in shares of Eaton by 70.1% during the 2nd quarter. Tandem Wealth Advisors LLC now owns 2,216 shares of the industrial products company’s stock valued at $791,000 after purchasing an additional 913 shares during the period. Institutional investors and hedge funds own 82.97% of the company’s stock.
Insider Activity
In other Eaton news, insider Adam A. Wadecki sold 525 shares of the business’s stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $440.54, for a total transaction of $231,283.50. Following the sale, the insider directly owned 1,054 shares of the company’s stock, valued at $464,329.16. The trade was a 33.25% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Gerald Johnson bought 130 shares of the stock in a transaction on Thursday, August 13th. The shares were acquired at an average cost of $455.90 per share, for a total transaction of $59,267.00. Following the purchase, the director owned 1,829 shares in the company, valued at approximately $833,841.10. This represents a 7.65% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.10% of the stock is owned by company insiders.
Analyst Ratings Changes
View Our Latest Stock Analysis on ETN
Eaton Trading Down 1.5%
Shares of NYSE ETN opened at $415.93 on Thursday. The company has a quick ratio of 0.79, a current ratio of 1.24 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 market cap of $161.55 billion, a price-to-earnings ratio of 42.31, a P/E/G ratio of 2.67 and a beta of 1.17. The business has a fifty day simple moving average of $415.47 and a 200-day simple moving average of $398.96.
Eaton (NYSE:ETN – Get Free Report) last issued its quarterly earnings results 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. The firm had revenue of $8.53 billion for the quarter, compared to analysts’ expectations of $8.16 billion. Eaton had a return on equity of 24.58% and a net margin of 12.75%.Eaton’s revenue was up 21.4% on a year-over-year basis. During the same quarter last year, the business posted $2.95 EPS. Eaton has set its Q3 2026 guidance at 3.460-3.560 EPS and its FY 2026 guidance at 13.400-13.600 EPS. Sell-side analysts predict that Eaton Corporation, PLC will post 13.56 EPS for the current year.
Eaton Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 7th were issued a dividend of $1.10 per share. The ex-dividend date was Friday, August 7th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.1%. Eaton’s payout ratio is currently 44.76%.
Eaton Profile
Eaton plc is a power management company that helps businesses, utilities, data centers, industrial facilities and other customers manage electrical, hydraulic and mechanical power more safely and efficiently. Its products and systems support power distribution, circuit protection, power quality, backup power, industrial automation and energy management.
The company also supplies aerospace systems, including hydraulic, fuel, motion-control and air-management equipment, as well as components and systems for commercial and military aircraft.
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