First Financial Bank Trust Division Reduces Stock Holdings in Eaton Corporation, PLC $ETN

Posted by on Oct 1st, 2026

First Financial Bank Trust Division lessened its holdings in Eaton Corporation, PLC (NYSE:ETN – Free Report) by 3.7% during the third quarter, Holdings Channel.com reports. The institutional investor owned 34,377 shares of the industrial products company’s stock after selling 1,319 shares during the quarter. Eaton comprises approximately 1.1% of First Financial Bank Trust Division’s holdings, making the stock its 21st biggest position. First Financial Bank Trust Division’s holdings in Eaton were worth $14,772,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently modified their holdings of ETN. North Star Investment Management Corp. increased its position in shares of 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 last quarter. Bogart Wealth LLC boosted its position in Eaton by 1.3% in 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 during the last quarter. Ellevest Inc. boosted its position 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 purchasing an additional 31 shares during the last quarter. Tanager Wealth Management LLP grew its stake in Eaton by 5.4% in the 2nd quarter. Tanager Wealth Management LLP now owns 606 shares of the industrial products company’s stock valued at $258,000 after purchasing an additional 31 shares during the period. Finally, Rise Advisors LLC increased its position in shares of Eaton by 2.2% during the 4th quarter. Rise Advisors LLC now owns 1,580 shares of the industrial products company’s stock valued at $503,000 after purchasing an additional 34 shares during the last quarter. 82.97% of the stock is owned by institutional investors.

Key Headlines Impacting Eaton

Here are the key news stories impacting Eaton this week:

  • Positive Sentiment: Eaton is expanding its facility in Austria to increase production of electrical power systems. The investment should add capacity and help the company serve demand tied to electrification, infrastructure upgrades and data-center power requirements. Eaton Expands Austria Facility to Increase Electrical Power Systems Production
  • Positive Sentiment: Analyst coverage cites Eaton’s durable-growth opportunities in data centers, grid modernization and aerospace, supported by acquisitions, capacity expansion and a strong backlog. These factors reinforce the long-term growth narrative. Eaton Trades at a Premium to Industry: What Investors Should Know
  • Positive Sentiment: Eaton’s average analyst price target is reported at $456.50, above the recent trading level, indicating modest expected upside among covering analysts. Eaton Corporation Stock Has Average Target Price of $456.50
  • Neutral Sentiment: Eaton has attracted heightened investor and search interest. The coverage reviews the company’s outlook, valuation and earnings expectations but does not itself represent a new business catalyst. Eaton Is Attracting Investor Attention
  • Neutral Sentiment: Media commentary included Eaton among CNBC’s “final trades,” which may support visibility but is unlikely to materially change the company’s fundamentals. Eaton, AMD, SpaceX and a Health Care Stock: CNBC’s Final Trades
  • Negative Sentiment: Eaton trades at a premium to its industry, increasing the risk of valuation compression if growth, margins or backlog conversion disappoint. The stock’s elevated valuation may limit upside without continued strong execution. Eaton Trades at a Premium to Industry
  • Negative Sentiment: A separate analysis examines the biggest threat to Eaton’s stock, highlighting that investors should consider the company-specific risks that could undermine its growth outlook. The article adds caution to the otherwise favorable expansion and demand narrative. What Is the Biggest Threat to Eaton Stock?

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on ETN shares. Wall Street Zen cut Eaton from a “buy” rating to a “hold” rating in a research note on Sunday, August 16th. Royal Bank Of Canada increased their price target on shares of Eaton from $484.00 to $512.00 and gave the company an “outperform” rating in a research report on Monday, August 3rd. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Eaton in a research report on Monday, August 3rd. Evercore raised shares of Eaton from an “in-line” rating to an “outperform” rating and set a $502.00 target price for the company in a research report on Monday, August 3rd. Finally, UBS Group raised shares of Eaton from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $450.00 to $515.00 in a report on Monday, September 7th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $456.50.

Get Our Latest Report on Eaton

Eaton Stock Performance

ETN traded up $7.94 on Thursday, hitting $437.65. The company’s stock had a trading volume of 1,606,301 shares, compared to its average volume of 2,535,873. Eaton Corporation, PLC has a 12 month low of $311.92 and a 12 month high of $478.00. The firm has a market cap of $169.98 billion, a P/E ratio of 44.52, a price-to-earnings-growth ratio of 2.72 and a beta of 1.17. The company has a quick ratio of 0.79, a current ratio of 1.24 and a debt-to-equity ratio of 0.91. The company’s 50 day simple moving average is $421.13 and its 200-day simple moving average is $405.31.

Eaton (NYSE:ETN – Get Free Report) last issued its earnings results on Friday, July 31st. The industrial products company reported $3.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.08 by $0.07. Eaton had a net margin of 12.75% and a return on equity of 24.58%. The business had revenue of $8.53 billion for the quarter, compared to analysts’ expectations of $8.16 billion. During the same quarter in the previous year, the firm posted $2.95 EPS. The business’s revenue for the quarter was up 21.4% compared to the same quarter last year. 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 forecast that Eaton Corporation, PLC will post 13.56 EPS for the current year.

Eaton Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Friday, August 7th were paid a $1.10 dividend. The ex-dividend date was Friday, August 7th. This represents a $4.40 annualized dividend and a yield of 1.0%. Eaton’s dividend payout ratio (DPR) is currently 44.76%.

Insiders Place Their Bets

In other news, Director Gerald Johnson purchased 130 shares of the stock in a transaction dated Thursday, August 13th. The shares were purchased at an average cost of $455.90 per share, with a total value of $59,267.00. Following the completion of the acquisition, the director owned 1,829 shares in the company, valued at $833,841.10. This represents a 7.65% increase in their position. The transaction was disclosed in a filing with the SEC, which is available 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 shares were sold at an average price of $458.04, for a total transaction of $8,261,209.44. Following the transaction, the insider directly owned 50,368 shares of the company’s stock, valued at approximately $23,070,558.72. This represents a 26.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.10% of the stock is owned by corporate insiders.

Eaton Profile

(Free Report)

Eaton Corporation plc (NYSE: ETN) is a global power management company that helps customers manage electrical, hydraulic and mechanical power more safely, efficiently and reliably. Its products and systems serve commercial, industrial, utility, data center, residential, aerospace, vehicle and mobility applications.

The company’s electrical businesses provide circuit protection and control equipment, power distribution systems, connectivity solutions, backup power and other technologies used to support critical infrastructure and improve energy efficiency.

Featured Articles

Want to see what other hedge funds are holding ETN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Eaton Corporation, PLC (NYSE:ETN – Free Report).

Institutional Ownership by Quarter for Eaton (NYSE:ETN)

Receive News & Ratings for Eaton Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eaton and related companies with MarketBeat.com's FREE daily email newsletter.