Gerald Johnson Buys 70 Shares of Eaton (NYSE:ETN) Stock

Eaton Corporation, PLC (NYSE:ETN) Director Gerald Johnson purchased 70 shares of Eaton stock in a transaction that occurred on Wednesday, August 12th. The stock was acquired at an average cost of $469.93 per share, with a total value of $32,895.10. Following the acquisition, the director directly owned 1,699 shares of the company’s stock, valued at $798,411.07. The trade was a 4.30% increase in their position. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink.

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

• On Thursday, August 13th, Gerald Johnson acquired 130 shares of Eaton stock. The shares were acquired at an average price of $455.90 per share, with a total value of $59,267.00.

Eaton Stock Down 0.3%

Shares of ETN traded down $1.24 during trading on Friday, reaching $452.09. The company’s stock had a trading volume of 1,396,747 shares, compared to its average volume of 2,658,022. The company has a market cap of $175.59 billion, a price-to-earnings ratio of 45.99, a P/E/G ratio of 2.91 and a beta of 1.18. 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 has a fifty day moving average of $412.53 and a two-hundred day moving average of $392.72. Eaton Corporation, PLC has a twelve month low of $311.92 and a twelve month high of $478.00.

Eaton (NYSE:ETN) last released its quarterly earnings results on Friday, July 31st. The industrial products company reported $3.15 earnings per share for the quarter, topping analysts’ consensus estimates of $3.08 by $0.07. The business had revenue of $8.53 billion during the quarter, compared to the consensus estimate of $8.16 billion. Eaton had a net margin of 12.75% and a return on equity of 24.58%. The business’s quarterly revenue was up 21.4% compared to the same quarter last year. During the same quarter last year, the company earned $2.95 earnings per share. Eaton has set its Q3 2026 guidance at 3.460-3.560 EPS and its FY 2026 guidance at 13.400-13.600 EPS. On average, sell-side analysts predict that Eaton Corporation, PLC will post 13.54 EPS for the current fiscal year.

Eaton Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Shareholders 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 yield of 1.0%. The ex-dividend date of this dividend is Friday, August 7th. Eaton’s dividend payout ratio (DPR) is currently 44.76%.

Institutional Investors Weigh In On Eaton

A number of institutional investors have recently modified their holdings of the business. Williams Jones Wealth Management LLC. lifted its holdings in Eaton by 3.3% in the third quarter. Williams Jones Wealth Management LLC. now owns 515,587 shares of the industrial products company’s stock worth $192,958,000 after acquiring an additional 16,422 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd increased its position in Eaton by 112.6% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 336,060 shares of the industrial products company’s stock worth $120,199,000 after buying an additional 178,000 shares during the period. Silvercrest Asset Management Group LLC lifted 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 buying an additional 58,281 shares during the last quarter. PFA Pension Forsikringsaktieselskab bought a new stake in Eaton in the 4th quarter valued at about $97,989,000. Finally, Bartlett & CO. Wealth Management LLC boosted its position in shares of Eaton by 12.1% during the first quarter. Bartlett & CO. Wealth Management LLC now owns 266,845 shares of the industrial products company’s stock worth $95,442,000 after buying an additional 28,815 shares during the period. Institutional investors own 82.97% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on ETN. Evercore upgraded shares of Eaton from an “in-line” rating to an “outperform” rating and set a $502.00 target price on the stock in a research note on Monday, August 3rd. Sanford C. Bernstein reissued an “outperform” rating on shares of Eaton in a report on Monday, August 3rd. BMO Capital Markets upped their price objective on Eaton from $477.00 to $487.00 and gave the company an “outperform” rating in a research note on Monday, August 3rd. JPMorgan Chase & Co. increased their target price on Eaton from $406.00 to $445.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. Finally, Royal Bank Of Canada lifted their target price on Eaton from $484.00 to $512.00 and gave the stock an “outperform” rating in a research report on Monday, August 3rd. Two research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Eaton currently has a consensus rating of “Moderate Buy” and an average price target of $431.78.

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.