Morse Asset Management Inc Cuts Stock Holdings in Eaton Corporation, PLC $ETN

Morse Asset Management Inc cut its stake in shares of Eaton Corporation, PLC (NYSE:ETN) by 93.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 275 shares of the industrial products company’s stock after selling 3,964 shares during the period. Morse Asset Management Inc’s holdings in Eaton were worth $88,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in ETN. Jones Financial Companies Lllp increased its holdings in Eaton by 9.9% during the third quarter. Jones Financial Companies Lllp now owns 45,998 shares of the industrial products company’s stock valued at $16,830,000 after buying an additional 4,156 shares during the last quarter. Mediolanum International Funds Ltd boosted its stake in shares of Eaton by 14.2% during the 3rd quarter. Mediolanum International Funds Ltd now owns 121,162 shares of the industrial products company’s stock worth $44,485,000 after acquiring an additional 15,048 shares during the last quarter. Aventura Private Wealth LLC bought a new stake in shares of Eaton during the 4th quarter valued at $1,339,000. Cullen Frost Bankers Inc. increased its stake in shares of Eaton by 6.0% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 162,634 shares of the industrial products company’s stock worth $60,866,000 after purchasing an additional 9,233 shares in the last quarter. Finally, Ransom Advisory Ltd purchased a new stake in shares of Eaton in the 4th quarter worth $3,881,000. Institutional investors own 82.97% of the company’s stock.

Key Headlines Impacting Eaton

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Record Q1 results — Adjusted EPS $2.81 and revenue up ~17%, both beating estimates; company called the quarter a record with accelerating orders and backlog. Eaton Reports Record First Quarter 2026 Results
• Positive Sentiment: Raised FY outlook — Eaton lifted 2026 organic growth guidance to ~9–11% (midpoint higher than prior) and provided FY adjusted EPS of $13.05–13.50, signaling confidence in underlying demand. Eaton’s Q1 Earnings and Revenues Surpass Estimates, Guidance Raised
• Positive Sentiment: Structural tailwinds from AI/data centers — Several writeups highlight that AI buildouts increase demand for substations, transformers and other power equipment where Eaton competes, supporting longer‑term secular growth. Eaton’s Q1 Earnings and Revenues Surpass Estimates, Guidance Raised (Zacks)
• Neutral Sentiment: Earnings‑call color — Conference call and analyst summary note strong backlog, R&D and contributions from acquisitions; slides and transcript available for deeper diligence. Earnings Call Summary (Moby)
• Negative Sentiment: Near‑term guidance disappointed some investors — Q2 guide of $3.00–3.10 (vs. Street ~3.12) and an FY midpoint slightly below consensus prompted concern the pace of margin/revenue leverage may be lighter near term. Eaton Stock Is Under Pressure After Q1 Earnings (Benzinga)
• Negative Sentiment: Market reaction: shares fell despite the beat — Analysts and traders flagged the beat‑but‑guide dynamic; short‑term volatility and profit‑taking followed the release. Eaton Earnings Hit Record on AI Power Demand; Disappointing Guidance Sends the Stock Lower

Insiders Place Their Bets

In other Eaton news, insider Sternadt Paulo Ruiz sold 10,707 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $390.26, for a total transaction of $4,178,513.82. Following the completion of the transaction, the insider owned 27,729 shares in the company, valued at $10,821,519.54. This trade represents a 27.86% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.10% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the company. BMO Capital Markets assumed coverage on Eaton in a research report on Friday, March 27th. They set an “outperform” rating and a $428.00 target price on the stock. Morgan Stanley restated an “overweight” rating and issued a $425.00 price target on shares of Eaton in a research report on Wednesday, February 4th. HSBC raised Eaton from a “hold” rating to a “buy” rating and set a $400.00 price objective on the stock in a research note on Friday, January 16th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Eaton in a research note on Tuesday, January 27th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $407.00 target price on shares of Eaton in a report on Wednesday, February 4th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $396.50.

Eaton Stock Performance

ETN opened at $410.94 on Wednesday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.81 and a current ratio of 1.32. The stock has a market capitalization of $159.43 billion, a price-to-earnings ratio of 39.29, a PEG ratio of 2.91 and a beta of 1.24. The company has a fifty day moving average of $378.57 and a 200 day moving average of $360.25. Eaton Corporation, PLC has a fifty-two week low of $296.09 and a fifty-two week high of $435.43.

Eaton (NYSE:ETN) last announced its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $2.81 EPS for the quarter, topping the consensus estimate of $2.73 by $0.08. The business had revenue of $7.45 billion for the quarter, compared to analysts’ expectations of $7.14 billion. Eaton had a net margin of 14.89% and a return on equity of 25.00%. The business’s quarterly revenue was up 16.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $2.72 EPS. Eaton has set its Q2 2026 guidance at 3.000-3.100 EPS and its FY 2026 guidance at 13.050-13.500 EPS. As a group, sell-side analysts forecast that Eaton Corporation, PLC will post 13.3 earnings per share for the current fiscal year.

Eaton Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 8th will be paid a dividend of $1.10 per share. The ex-dividend date of this dividend is Friday, May 8th. This represents a $4.40 dividend on an annualized basis and a yield of 1.1%. Eaton’s dividend payout ratio is presently 42.07%.

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.