Eaton Corporation, PLC $ETN Stock Bought by Calamos Advisors LLC

Posted by Brenda Bartman on Nov 7th, 2026

Calamos Advisors LLC grew its holdings in Eaton Corporation, PLC (NYSE:ETN – Free Report) by 1.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 111,040 shares of the industrial products company’s stock after purchasing an additional 1,623 shares during the period. Calamos Advisors LLC’s holdings in Eaton were worth $47,715,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Kintegral Advisory LLC grew its position in Eaton by 0.6% during the third quarter. Kintegral Advisory LLC now owns 4,798 shares of the industrial products company’s stock valued at $2,062,000 after purchasing an additional 27 shares in the last quarter. Trust Co of the South boosted its stake in shares of Eaton by 5.3% during the 3rd quarter. Trust Co of the South now owns 561 shares of the industrial products company’s stock valued at $241,000 after buying an additional 28 shares during the period. Financial Management Professionals Inc. grew its holdings in shares of Eaton by 5.8% during the 3rd quarter. Financial Management Professionals Inc. now owns 511 shares of the industrial products company’s stock valued at $220,000 after acquiring an additional 28 shares in the last quarter. Oakworth Capital Inc. grew its holdings in shares of Eaton by 0.7% during the 3rd quarter. Oakworth Capital Inc. now owns 4,328 shares of the industrial products company’s stock valued at $1,860,000 after acquiring an additional 29 shares in the last quarter. Finally, Bullock Wealth Management Group increased its stake in shares of Eaton by 1.8% in the third quarter. Bullock Wealth Management Group now owns 1,694 shares of the industrial products company’s stock worth $741,000 after acquiring an additional 30 shares during the last quarter. 82.97% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Gerald Johnson bought 130 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The stock was purchased at an average cost of $455.90 per share, for a total transaction of $59,267.00. Following the purchase, the director directly owned 1,829 shares in the company, valued at $833,841.10. This trade represents a 7.65% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Heath B. Monesmith sold 18,036 shares of the firm’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $458.04, for a total transaction of $8,261,209.44. Following the completion of the sale, the insider owned 50,368 shares in the company, valued at $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. Company insiders own 0.10% of the company’s stock.

Eaton Stock Up 4.5%

Shares of NYSE ETN traded up $14.78 during mid-day trading on Friday, reaching $341.80. 4,524,149 shares of the company traded hands, compared to its average volume of 2,622,490. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.79 and a current ratio of 1.24. The stock has a market cap of $132.75 billion, a PE ratio of 34.15, a price-to-earnings-growth ratio of 2.12 and a beta of 1.15. The company’s fifty day moving average is $405.12 and its two-hundred day moving average is $396.59. Eaton Corporation, PLC has a fifty-two week low of $311.92 and a fifty-two week high of $478.00.

Eaton (NYSE:ETN – Get Free Report) last posted its earnings results on Tuesday, November 3rd. The industrial products company reported $3.68 earnings per share for the quarter, topping the consensus estimate of $3.54 by $0.14. The firm had revenue of $8.95 billion during the quarter, compared to analyst estimates of $8.53 billion. Eaton had a return on equity of 24.58% and a net margin of 12.75%. The company’s revenue for the quarter was up 28.0% on a year-over-year basis. During the same period in the previous year, the company earned $3.07 EPS. On average, analysts expect that Eaton Corporation, PLC will post 13.80 earnings per share for the current year.

Eaton Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 27th. Investors of record on Tuesday, November 10th will be paid a dividend of $1.10 per share. The ex-dividend date is Tuesday, November 10th. This represents a $4.40 annualized dividend and a yield of 1.3%. Eaton’s dividend payout ratio is presently 43.96%.

Analysts Set New Price Targets

A number of research firms recently issued reports on ETN. Deutsche Bank Aktiengesellschaft lifted their price objective on Eaton from $493.00 to $521.00 and gave the company a “buy” rating in a research report on Wednesday, September 30th. Argus raised their price target on Eaton from $475.00 to $528.00 and gave the stock a “buy” rating in a research note on Tuesday, August 18th. Royal Bank Of Canada boosted their price target on Eaton from $526.00 to $539.00 and gave the company an “outperform” rating in a research note on Wednesday. HSBC increased their price objective on Eaton from $440.00 to $460.00 and gave the stock a “buy” rating in a report on Monday, August 3rd. Finally, BNP Paribas Exane raised their price objective on shares of Eaton from $490.00 to $500.00 and gave the company an “outperform” rating in a research report on Monday, August 3rd. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Eaton has a consensus rating of “Moderate Buy” and an average target price of $483.91.

Get Our Latest Stock Analysis on ETN

Key Eaton News

Here are the key news stories impacting Eaton this week:

Positive Sentiment: Eaton reported record third-quarter results and raised its 2026 outlook again. It beat the supplied consensus estimates, earning $3.68 per share versus $3.54 expected and generating $8.95 billion in revenue versus $8.53 billion expected. Eaton stock lifts 2026 outlook after record third-quarter results
Positive Sentiment: A record electrical backlog and strong demand from data centers, grid modernization and broader infrastructure investment provide revenue visibility and potential for future growth. Can Eaton Convert Its Record Backlog Into Stronger Earnings?
Positive Sentiment: Analyst support, including Bernstein maintaining a Buy rating and KeyBanc issuing a Buy, may help underpin investor confidence. Bernstein Sticks to Their Buy Rating for Eaton
Neutral Sentiment: The stock’s rebound may also reflect a technical bounce after recent selling; one report described industrial shares including Eaton as deeply oversold. Top 3 Industrials Stocks That May Rocket Higher in November
Negative Sentiment: Investors remain focused on whether Eaton can convert its large backlog into sustained sales and earnings growth. The shares sold off after the results despite the raised outlook, reflecting execution concerns and valuation sensitivity. Eaton Stock Sinks as Q3 Results Fail to Calm Execution Fears
Negative Sentiment: Eaton sees potential in data-center power systems shifting from AC to DC, but its CEO said the timing of that transition is outside the company’s control. Eaton CEO: AC to DC migration for data centers is real

About Eaton

(Free Report)

Eaton is a global power management company that designs and manufactures products and services intended to help customers manage electrical, hydraulic and mechanical power. Founded in 1911, the company serves customers across a range of industries, including utilities, commercial buildings, data centers, aerospace and transportation.

Its offerings include electrical distribution and circuit protection equipment, power quality and backup systems, and power management software and services.