CoreCap Advisors LLC Purchases 6,036 Shares of Eaton Corporation, PLC $ETN

CoreCap Advisors LLC lifted its position in Eaton Corporation, PLC (NYSE:ETN) by 75.8% in the second quarter, HoldingsChannel.com reports. The firm owned 13,994 shares of the industrial products company’s stock after acquiring an additional 6,036 shares during the period. CoreCap Advisors LLC’s holdings in Eaton were worth $5,963,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. PFA Pension Forsikringsaktieselskab bought a new stake in Eaton in the 4th quarter valued at $97,989,000. Clal Insurance Enterprises Holdings Ltd lifted its holdings in shares of Eaton by 112.6% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 336,060 shares of the industrial products company’s stock worth $120,199,000 after acquiring an additional 178,000 shares during the period. Munich Reinsurance Co Stock Corp in Munich boosted its position in shares of Eaton by 24,986.3% during the 1st quarter. Munich Reinsurance Co Stock Corp in Munich now owns 154,281 shares of the industrial products company’s stock valued at $55,182,000 after acquiring an additional 153,666 shares in the last quarter. Silvercrest Asset Management Group LLC increased its stake in Eaton by 23.1% in the fourth quarter. Silvercrest Asset Management Group LLC now owns 310,859 shares of the industrial products company’s stock valued at $99,012,000 after acquiring an additional 58,281 shares during the period. Finally, Boston Trust Walden Corp increased its stake in Eaton by 1,560.4% in the first quarter. Boston Trust Walden Corp now owns 58,793 shares of the industrial products company’s stock valued at $21,028,000 after acquiring an additional 55,252 shares during the period. Institutional investors and hedge funds own 82.97% of the company’s stock.

Eaton Stock Performance

NYSE:ETN opened at $447.44 on Thursday. Eaton Corporation, PLC has a 1 year low of $311.92 and a 1 year high of $453.50. The firm has a 50 day moving average of $407.46 and a 200-day moving average of $387.88. The company has a current ratio of 1.24, a quick ratio of 0.79 and a debt-to-equity ratio of 0.91. The stock has a market capitalization of $173.79 billion, a P/E ratio of 45.52, a price-to-earnings-growth ratio of 2.82 and a beta of 1.18.

Eaton (NYSE:ETN) last released its quarterly earnings results on Friday, July 31st. The industrial products company reported $3.15 EPS for the quarter, topping analysts’ consensus estimates of $3.08 by $0.07. Eaton had a return on equity of 24.58% and a net margin of 12.75%.The business had revenue of $8.53 billion for the quarter, compared to analyst estimates of $8.16 billion. During the same period in the prior year, the company earned $2.95 EPS. Eaton’s revenue for the quarter was up 21.4% on a year-over-year basis. Eaton has set its Q3 2026 guidance at 3.460-3.560 EPS and its FY 2026 guidance at 13.400-13.600 EPS. As a group, sell-side analysts anticipate that Eaton Corporation, PLC will post 13.53 EPS for the current fiscal year.

Eaton Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 7th will be issued a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Friday, August 7th. Eaton’s dividend payout ratio is presently 44.76%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on the stock. Citigroup raised their price target on shares of Eaton from $471.00 to $485.00 and gave the stock a “buy” rating in a research note on Monday. Morgan Stanley reiterated an “overweight” rating and issued a $500.00 price objective on shares of Eaton in a research note on Sunday, May 10th. Evercore raised Eaton from an “in-line” rating to an “outperform” rating and set a $502.00 target price for the company in a report on Monday. Barclays raised their target price on Eaton from $340.00 to $392.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Finally, BMO Capital Markets upped their price target on Eaton from $477.00 to $487.00 and gave the company an “outperform” rating in a research report on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Eaton presently has a consensus rating of “Moderate Buy” and an average target price of $430.89.

Eaton News Summary

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Evercore ISI upgraded Eaton to Buy, adding to the positive analyst sentiment surrounding the electrical and industrial-products company. Eaton was upgraded to a Buy Rating at Evercore ISI
• Positive Sentiment: Strong earnings continue to support ETN. Eaton recently exceeded quarterly EPS and revenue estimates, with revenue increasing 21.4% year over year, and provided quarterly and full-year earnings guidance. The results helped drive the stock to a new 52-week high. Eaton Sets New 52-Week High on Strong Earnings
• Positive Sentiment: BMO Capital Markets expects further appreciation, reinforcing the view that Eaton’s exposure to electrification and industrial demand can support additional gains. Eaton Stock Price Expected to Rise
• Positive Sentiment: Eaton’s earnings-call coverage highlighted strong growth momentum, which may be attracting investors focused on data-center power infrastructure and broader electrification trends. Eaton Earnings Call Shows Powerhouse Growth Momentum
• Neutral Sentiment: Analyst coverage is not uniformly bullish: one report describes conflicting views on Eaton, while other articles compare ETN’s valuation with Vestas Wind Systems and ABB without identifying a new company-specific catalyst. Analysts Conflicted on Eaton
• Negative Sentiment: Insider Adam A. Wadecki sold 525 shares worth approximately $231,284, reducing his direct holdings by 33.25%. The transaction may create a modest sentiment headwind, although it is small relative to Eaton’s market value. Eaton Insider Sale SEC Filing

Insiders Place Their Bets

In other Eaton news, Director Dorothy C. Thompson sold 167 shares of the stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $385.00, for a total transaction of $64,295.00. Following the sale, the director owned 1,096 shares of the company’s stock, valued at $421,960. This represents a 13.22% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Adam A. Wadecki sold 525 shares of the firm’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $440.54, for a total transaction of $231,283.50. Following the completion of the sale, the insider 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 SEC filing for this sale provides additional information. In the last three months, insiders have sold 1,186 shares of company stock valued at $496,073. 0.10% of the stock is owned by corporate insiders.

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.