Eaton Corporation, PLC $ETN Shares Newly Bought by M Holdings Securities Inc.

M Holdings Securities Inc. purchased a new position in Eaton Corporation, PLC (NYSE:ETN) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 6,868 shares of the industrial products company’s stock, valued at approximately $2,951,000.

A number of other institutional investors and hedge funds have also modified their holdings of ETN. Assenagon Asset Management S.A. raised its stake in Eaton by 87.1% in the 3rd quarter. Assenagon Asset Management S.A. now owns 282,750 shares of the industrial products company’s stock valued at $121,501,000 after purchasing an additional 131,624 shares during the last quarter. Sustainable Growth Advisers LP purchased a new stake in shares of Eaton during the 3rd quarter valued at approximately $85,752,000. Envestnet Portfolio Solutions Inc. increased its stake in Eaton by 5.5% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 69,297 shares of the industrial products company’s stock worth $29,529,000 after acquiring an additional 3,638 shares during the last quarter. Wedmont Private Capital raised its position in Eaton by 69.6% in the third quarter. Wedmont Private Capital now owns 11,413 shares of the industrial products company’s stock valued at $4,845,000 after purchasing an additional 4,684 shares during the period. Finally, IFP Advisors Inc lifted its stake in shares of Eaton by 48.2% in the 3rd quarter. IFP Advisors Inc now owns 16,026 shares of the industrial products company’s stock valued at $6,887,000 after purchasing an additional 5,212 shares during the last quarter. Hedge funds and other institutional investors own 82.97% of the company’s stock.

Eaton Trading Up 0.0%

Shares of Eaton stock opened at $341.80 on Monday. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.78 and a current ratio of 1.23. The company has a market capitalization of $132.79 billion, a P/E ratio of 34.15, a PEG ratio of 2.15 and a beta of 1.15. Eaton Corporation, PLC has a 1 year low of $311.92 and a 1 year high of $478.00. The company’s fifty day moving average is $405.12 and its two-hundred day moving average is $396.59.

Eaton (NYSE:ETN) last announced its earnings results on Tuesday, November 3rd. The industrial products company reported $3.68 earnings per share for the quarter, topping the consensus estimate of $3.54 by $0.14. Eaton had a net margin of 12.18% and a return on equity of 25.09%. The business had revenue of $8.95 billion during the quarter, compared to the consensus estimate of $8.53 billion. During the same quarter in the prior year, the firm earned $3.07 earnings per share. The business’s quarterly revenue was up 28.0% compared to the same quarter last year. Analysts forecast that Eaton Corporation, PLC will post 13.80 earnings per share for the current year.

Eaton Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 27th. Shareholders of record on Tuesday, November 10th will be paid a dividend of $1.10 per share. The ex-dividend date of this dividend is Tuesday, November 10th. This represents a $4.40 annualized dividend and a yield of 1.3%. Eaton’s dividend payout ratio is currently 43.96%.

Analyst Ratings Changes

ETN has been the subject of a number of research analyst reports. Wall Street Zen cut Eaton from a “buy” rating to a “hold” rating in a report on Sunday, August 16th. Raymond James Financial upped their target price on shares of Eaton from $465.00 to $525.00 and gave the company an “outperform” rating in a research report on Wednesday, August 5th. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $534.00 target price (up from $509.00) on shares of Eaton in a research note on Monday, August 3rd. HSBC lifted their price target on shares of Eaton from $440.00 to $460.00 and gave the company a “buy” rating in a research report on Monday, August 3rd. Finally, Rothschild & Co Redburn boosted their price target on shares of Eaton from $386.00 to $403.00 and gave the company a “neutral” rating in a research note on Wednesday, September 30th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $483.91.

Eaton News Roundup

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Eaton reported record third-quarter results and raised its 2026 outlook again. It beat the supplied consensus estimates, earning $3.68 per share versus $3.54 expected and generating $8.95 billion in revenue versus $8.53 billion expected. Eaton stock lifts 2026 outlook after record third-quarter results
• Positive Sentiment: A record electrical backlog and strong demand from data centers, grid modernization and broader infrastructure investment provide revenue visibility and potential for future growth. Can Eaton Convert Its Record Backlog Into Stronger Earnings?
• Positive Sentiment: Analyst support, including Bernstein maintaining a Buy rating and KeyBanc issuing a Buy, may help underpin investor confidence. Bernstein Sticks to Their Buy Rating for Eaton
• Neutral Sentiment: The stock’s rebound may also reflect a technical bounce after recent selling; one report described industrial shares including Eaton as deeply oversold. Top 3 Industrials Stocks That May Rocket Higher in November
• Negative Sentiment: Investors remain focused on whether Eaton can convert its large backlog into sustained sales and earnings growth. The shares sold off after the results despite the raised outlook, reflecting execution concerns and valuation sensitivity. Eaton Stock Sinks as Q3 Results Fail to Calm Execution Fears
• Negative Sentiment: Eaton sees potential in data-center power systems shifting from AC to DC, but its CEO said the timing of that transition is outside the company’s control. Eaton CEO: AC to DC migration for data centers is real

Insider Buying and Selling

In other news, insider Heath B. Monesmith sold 18,036 shares of the business’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $458.04, for a total value of $8,261,209.44. Following the transaction, the insider owned 50,368 shares of the company’s stock, 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 SEC, which is accessible through this hyperlink. Also, Director Gerald Johnson purchased 130 shares of the business’s stock in a transaction dated Thursday, August 13th. The shares were bought at an average price of $455.90 per share, with a total value of $59,267.00. Following the purchase, the director directly owned 1,829 shares of the company’s stock, valued at approximately $833,841.10. The trade was a 7.65% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. 0.10% of the stock is currently owned by company insiders.

Eaton Profile

Eaton is a global power management company that designs and manufactures products and services intended to help customers manage electrical, hydraulic and mechanical power. Founded in 1911, the company serves customers across a range of industries, including utilities, commercial buildings, data centers, aerospace and transportation.

Its offerings include electrical distribution and circuit protection equipment, power quality and backup systems, and power management software and services.