Eaton (NYSE:ETN) Director Acquires $90,089.30 in Stock

Eaton Corporation, PLC (NYSE:ETN) Director Gerald Johnson purchased 215 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was bought at an average price of $419.02 per share, with a total value of $90,089.30. Following the transaction, the director owned 1,629 shares of the company’s stock, valued at $682,583.58. This represents a 15.21% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link.

Gerald Johnson also recently made the following trade(s):

• On Friday, May 8th, Gerald Johnson purchased 746 shares of Eaton stock. The stock was bought at an average price of $402.29 per share, with a total value of $300,108.34.

Eaton Trading Down 4.2%

ETN traded down $17.39 on Tuesday, hitting $401.61. The company had a trading volume of 2,949,272 shares, compared to its average volume of 2,830,298. The company has a market cap of $155.95 billion, a PE ratio of 39.26, a PEG ratio of 2.58 and a beta of 1.24. Eaton Corporation, PLC has a 12-month low of $311.90 and a 12-month high of $435.43. The company has a quick ratio of 0.75, a current ratio of 1.19 and a debt-to-equity ratio of 0.94. The business’s fifty day simple moving average is $381.71 and its 200 day simple moving average is $361.24.

Eaton (NYSE:ETN) last released 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 company had revenue of $7.45 billion during the quarter, compared to analyst estimates of $7.14 billion. Eaton had a return on equity of 24.72% and a net margin of 13.99%.The firm’s revenue was up 16.8% on a year-over-year basis. During the same quarter last year, the business posted $2.72 earnings per share. Eaton has set its Q2 2026 guidance at 3.000-3.100 EPS and its FY 2026 guidance at 13.050-13.500 EPS. Equities research analysts expect that Eaton Corporation, PLC will post 13.31 EPS for the current year.

Eaton Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 8th will be given a $1.10 dividend. The ex-dividend date is Friday, May 8th. This represents a $4.40 annualized dividend and a yield of 1.1%. Eaton’s dividend payout ratio (DPR) is currently 43.01%.

Analysts Set New Price Targets

Several brokerages have issued reports on ETN. Wells Fargo & Company boosted their target price on Eaton from $350.00 to $425.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. Morgan Stanley restated an “overweight” rating and set a $500.00 target price on shares of Eaton in a research report on Sunday. HSBC upgraded Eaton from a “hold” rating to a “buy” rating and set a $400.00 target price for the company in a research report on Friday, January 16th. Sanford C. Bernstein restated an “outperform” rating on shares of Eaton in a research report on Tuesday, January 27th. Finally, Citigroup boosted their price target on Eaton from $464.00 to $471.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, Eaton currently has a consensus rating of “Moderate Buy” and a consensus target price of $420.95.

Institutional Trading of Eaton

A number of large investors have recently modified their holdings of ETN. Hilton Head Capital Partners LLC purchased a new stake in shares of Eaton in the fourth quarter valued at approximately $26,000. Sfam LLC purchased a new stake in shares of Eaton in the fourth quarter valued at approximately $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in shares of Eaton in the fourth quarter valued at approximately $28,000. Eagle Bay Advisors LLC purchased a new stake in shares of Eaton in the fourth quarter valued at approximately $29,000. Finally, WFA of San Diego LLC purchased a new stake in shares of Eaton in the second quarter valued at approximately $36,000. Hedge funds and other institutional investors own 82.97% of the company’s stock.

Eaton Company Profile

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.