2,874 Shares in Eaton Corporation, PLC $ETN Acquired by Dearborn Partners LLC

Dearborn Partners LLC purchased a new position in Eaton Corporation, PLC (NYSE:ETN) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 2,874 shares of the industrial products company’s stock, valued at approximately $1,028,000.

Other hedge funds also recently added to or reduced their stakes in the company. Williams Jones Wealth Management LLC. raised its position in shares of 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 period. Clal Insurance Enterprises Holdings Ltd raised its holdings in Eaton by 112.6% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 336,060 shares of the industrial products company’s stock valued at $120,199,000 after acquiring an additional 178,000 shares during the last quarter. Silvercrest Asset Management Group LLC increased its holdings in shares of Eaton by 23.1% during the 4th quarter. Silvercrest Asset Management Group LLC now owns 310,859 shares of the industrial products company’s stock worth $99,012,000 after buying an additional 58,281 shares during the last quarter. PFA Pension Forsikringsaktieselskab acquired a new stake in shares of Eaton during the 4th quarter worth approximately $97,989,000. Finally, Bartlett & CO. Wealth Management LLC boosted its position in shares of Eaton by 12.1% during the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 266,845 shares of the industrial products company’s stock worth $95,442,000 after purchasing an additional 28,815 shares during the period. 82.97% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on ETN. Wells Fargo & Company raised their price objective on shares of Eaton from $350.00 to $425.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. Citigroup lifted their price objective on shares of Eaton from $471.00 to $485.00 and gave the company a “buy” rating in a research note on Monday, August 3rd. Royal Bank Of Canada boosted their price target on shares of Eaton from $484.00 to $512.00 and gave the stock an “outperform” rating in a research note on Monday, August 3rd. Morgan Stanley boosted their price target on shares of Eaton from $500.00 to $520.00 and gave the stock an “overweight” rating in a research note on Friday. Finally, Weiss Ratings upgraded shares of Eaton from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Eaton presently has an average rating of “Buy” and a consensus price target of $442.00.

Key Stories Impacting Eaton

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Zacks Research raised multiple EPS forecasts for Eaton. Estimates increased for the third and fourth quarters of fiscal 2026, all fiscal 2027, and fiscal 2028. The FY2028 forecast rose to $17.91 from $17.41, while FY2027 increased to $15.80 from $15.48. The revisions signal improving expectations for Eaton’s long-term earnings growth. Zacks Research earnings estimates
• Positive Sentiment: Analysts remain broadly bullish despite recent relative weakness. Eaton has underperformed the Nasdaq Composite over the past year, but the analyst outlook remains favorable, suggesting investors may view the pullback as a valuation or entry-point issue rather than a deterioration in the company’s fundamentals. Is Eaton Corporation Stock Underperforming the Nasdaq?
• Neutral Sentiment: Eaton remains tied to data-center power demand. Commentary comparing Eaton with Vertiv indicates that suppliers of data-center power infrastructure remain in focus. Eaton’s relative resilience during a sector selloff may be constructive, but the article does not identify a new company-specific catalyst. GE Vernova Slides, Vertiv Holdings and Eaton Sit Out the Selloff
• Negative Sentiment: Put-option purchases rose well above normal levels. Traders bought 10,916 put options, 62% more than the typical volume of 6,753. The activity points to increased hedging or bearish speculation and can pressure sentiment in the near term.
• Negative Sentiment: Leverage is becoming a greater investor concern. A recent analysis argues that debt represents a larger share of Eaton’s assets than historically, increasing financial risk. With a price-to-earnings ratio near 39.5, investors may also be less tolerant of balance-sheet concerns or any slowdown in growth. Is Eaton Stock Riskier Than It Was A Year Ago?

Eaton Stock Performance

NYSE:ETN traded down $13.44 during mid-day trading on Tuesday, hitting $388.44. The stock had a trading volume of 866,303 shares, compared to its average volume of 2,588,086. The stock has a market capitalization of $150.87 billion, a price-to-earnings ratio of 39.47, a P/E/G ratio of 2.54 and a beta of 1.18. The company has a 50 day simple moving average of $416.35 and a 200-day simple moving average of $398.10. Eaton Corporation, PLC has a 52 week low of $311.92 and a 52 week high of $478.00. The company has a current ratio of 1.24, a quick ratio of 0.79 and a debt-to-equity ratio of 0.91.

Eaton (NYSE:ETN) last released its 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 net margin of 12.75% and a return on equity of 24.58%. The business had revenue of $8.53 billion for the quarter, compared to the consensus estimate of $8.16 billion. During the same period in the previous year, the firm earned $2.95 EPS. The business’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. On average, research analysts expect that Eaton Corporation, PLC will post 13.56 earnings per share for the current fiscal year.

Eaton Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Friday, August 7th were paid a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 1.1%. The ex-dividend date was Friday, August 7th. Eaton’s dividend payout ratio is presently 44.76%.

Insider Activity

In other news, insider Heath B. Monesmith sold 18,036 shares of Eaton stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $458.04, for a total transaction of $8,261,209.44. Following the sale, the insider directly owned 50,368 shares in the company, valued at approximately $23,070,558.72. The trade was a 26.37% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Adam A. Wadecki sold 525 shares of the company’s stock in a transaction dated Tuesday, August 4th. The stock was sold at an average price of $440.54, for a total transaction of $231,283.50. Following the completion of the sale, the insider directly owned 1,054 shares in the company, valued at approximately $464,329.16. The trade was a 33.25% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.10% of the stock is owned by company insiders.

Eaton 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.