Tudor Financial Inc. reduced its position in shares of Eaton Corporation, PLC (NYSE:ETN – Free Report) by 67.6% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 926 shares of the industrial products company’s stock after selling 1,935 shares during the quarter. Tudor Financial Inc.’s holdings in Eaton were worth $395,000 at the end of the most recent quarter.
Other large investors have also bought and sold shares of the company. Syon Capital LLC lifted its stake in shares of Eaton by 1.4% in the second quarter. Syon Capital LLC now owns 8,055 shares of the industrial products company’s stock worth $3,432,000 after buying an additional 111 shares in the last quarter. TD Waterhouse Canada Inc. increased its position in shares of Eaton by 6.7% during the second quarter. TD Waterhouse Canada Inc. now owns 188,970 shares of the industrial products company’s stock valued at $77,973,000 after acquiring an additional 11,804 shares in the last quarter. Premier Path Wealth Partners LLC raised its holdings in Eaton by 2.8% in the 2nd quarter. Premier Path Wealth Partners LLC now owns 6,891 shares of the industrial products company’s stock worth $2,937,000 after acquiring an additional 185 shares during the last quarter. Kickstand Ventures LLC. bought a new position in Eaton in the 2nd quarter valued at approximately $206,000. Finally, Concurrent Investment Advisors LLC boosted its stake in Eaton by 1.3% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 40,620 shares of the industrial products company’s stock valued at $17,309,000 after purchasing an additional 522 shares during the last quarter. 82.97% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at Eaton
In related news, insider Heath B. Monesmith sold 18,036 shares of Eaton stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $458.04, for a total transaction of $8,261,209.44. Following the transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Gerald Johnson purchased 130 shares of the business’s stock in a transaction on Thursday, August 13th. The shares were bought at an average cost of $455.90 per share, with a total value of $59,267.00. Following the acquisition, the director directly owned 1,829 shares of the company’s stock, valued at $833,841.10. This trade represents a 7.65% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 0.10% of the company’s stock.
Wall Street Analyst Weigh In
Get Our Latest Report on Eaton
Key Stories Impacting Eaton
Here are the key news stories impacting Eaton this week:
- Positive Sentiment: Eaton plans to invest more than $242 million in a new North Little Rock, Arkansas, manufacturing facility for modular electrical enclosures. The project is intended to expand U.S. capacity and serve growing demand from data centers, utilities and other critical-infrastructure customers, reinforcing Eaton’s long-term growth outlook. Eaton expands manufacturing for modular electrical enclosures
- Positive Sentiment: Zacks Research issued a favorable forecast for Eaton’s third-quarter earnings. The view aligns with the company’s recent revenue growth, earnings beat and strong demand across electrical, aerospace and data-center markets. Zacks Research Has Positive Forecast for Eaton Q3 Earnings
- Positive Sentiment: Eaton’s supplier-recognition program, including awards to Formerra and Advanced Technology Services, highlights the company’s extensive supply-chain relationships and efforts to support execution as production expands. The announcements are strategically positive but have limited direct earnings impact. Formerra Receives 2026 Eaton Supplier Excellence Award
- Neutral Sentiment: CEO Paulo Ruiz will discuss Eaton’s growth strategy, portfolio transformation and demand trends at Morgan Stanley’s Laguna Conference on September 16. Investors may look for additional guidance, but no new financial targets were announced. Eaton to participate in the Morgan Stanley Laguna Conference
- Negative Sentiment: Analysts continue to caution that Eaton’s strong secular growth is already reflected in its valuation, with a price-to-earnings ratio above 40. This could limit upside and increase sensitivity to any execution or earnings disappointment. Eaton: Strong Secular Growth, But Valuation Limits Upside
- Negative Sentiment: Reports of unusually high trading volume in Eaton put options indicate some investors are positioning for downside or hedging existing holdings. Options activity is not definitive, but it adds a cautious signal around the stock. Investors Buy High Volume of Eaton Put Options
Eaton Trading Up 1.4%
Shares of NYSE:ETN opened at $396.47 on Friday. The stock’s 50-day simple moving average is $415.27 and its two-hundred day simple moving average is $398.10. The stock has a market capitalization of $153.99 billion, a price-to-earnings ratio of 40.33, a PEG ratio of 2.47 and a beta of 1.17. Eaton Corporation, PLC has a 52-week low of $311.92 and a 52-week high of $478.00. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.79 and a current ratio of 1.24.
Eaton (NYSE:ETN – Get Free Report) last issued its quarterly earnings data on Friday, July 31st. The industrial products company reported $3.15 earnings per share for the quarter, topping the consensus estimate of $3.08 by $0.07. The firm had revenue of $8.53 billion for the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same quarter in the prior year, the business earned $2.95 EPS. Eaton has set its Q3 2026 guidance at 3.460-3.560 EPS and its FY 2026 guidance at 13.400-13.600 EPS. Analysts expect that Eaton Corporation, PLC will post 13.56 EPS for the current year.
Eaton Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Friday, August 7th were given a $1.10 dividend. The ex-dividend date was Friday, August 7th. This represents a $4.40 annualized dividend and a yield of 1.1%. Eaton’s dividend payout ratio (DPR) is presently 44.76%.
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.
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