Bartlett & CO. Wealth Management LLC Has $95.44 Million Position in Eaton Corporation, PLC $ETN

Bartlett & CO. Wealth Management LLC increased its position in shares of Eaton Corporation, PLC (NYSE:ETN) by 12.1% in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 266,845 shares of the industrial products company’s stock after buying an additional 28,815 shares during the quarter. Eaton accounts for about 1.3% of Bartlett & CO. Wealth Management LLC’s portfolio, making the stock its 23rd biggest holding. Bartlett & CO. Wealth Management LLC’s holdings in Eaton were worth $95,442,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC lifted its position in shares of Eaton by 1.4% in the fourth quarter. Brighton Jones LLC now owns 3,341 shares of the industrial products company’s stock worth $1,109,000 after purchasing an additional 45 shares in the last quarter. Revolve Wealth Partners LLC boosted its stake in shares of Eaton by 17.5% during the 4th quarter. Revolve Wealth Partners LLC now owns 913 shares of the industrial products company’s stock worth $303,000 after buying an additional 136 shares during the last quarter. Empowered Funds LLC grew its holdings in shares of Eaton by 5.6% in the 1st quarter. Empowered Funds LLC now owns 9,402 shares of the industrial products company’s stock valued at $2,556,000 after acquiring an additional 496 shares in the last quarter. Vista Capital Partners Inc. bought a new stake in Eaton during the second quarter worth about $259,000. Finally, Tandem Wealth Advisors LLC raised its holdings in Eaton by 70.1% during the second quarter. Tandem Wealth Advisors LLC now owns 2,216 shares of the industrial products company’s stock worth $791,000 after acquiring an additional 913 shares in the last quarter. Institutional investors and hedge funds own 82.97% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on ETN shares. Royal Bank Of Canada raised their price target on Eaton from $457.00 to $484.00 and gave the company an “outperform” rating in a research note on Wednesday, May 6th. KeyCorp increased their price objective on Eaton from $420.00 to $480.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Morgan Stanley reissued an “overweight” rating and issued a $500.00 target price on shares of Eaton in a research note on Sunday, May 10th. Wells Fargo & Company upped their price target on shares of Eaton from $350.00 to $425.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Finally, JPMorgan Chase & Co. increased their price target on shares of Eaton from $406.00 to $445.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, Eaton currently has an average rating of “Moderate Buy” and a consensus target price of $423.00.

Eaton Price Performance

NYSE:ETN opened at $400.54 on Friday. Eaton Corporation, PLC has a 12-month low of $311.92 and a 12-month high of $436.74. The firm has a market capitalization of $155.53 billion, a price-to-earnings ratio of 39.15, a P/E/G ratio of 2.54 and a beta of 1.18. The stock’s 50 day moving average price is $404.11 and its two-hundred day moving average price is $379.88. The company has a quick ratio of 0.75, a current ratio of 1.19 and a debt-to-equity ratio of 0.94.

Eaton (NYSE:ETN) last issued its earnings results on Tuesday, May 5th. The industrial products company reported $2.81 EPS for the quarter, topping the consensus estimate of $2.73 by $0.08. The company had revenue of $7.45 billion during the quarter, compared to the consensus estimate of $7.14 billion. Eaton had a return on equity of 24.72% and a net margin of 13.99%.The firm’s revenue for the quarter was up 16.8% compared to the same quarter last year. During the same period in the previous year, the company posted $2.72 EPS. Eaton has set its Q2 2026 guidance at 3.000-3.100 EPS and its FY 2026 guidance at 13.050-13.500 EPS. On average, analysts anticipate that Eaton Corporation, PLC will post 13.35 earnings per share for the current year.

Eaton Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 8th were issued a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Friday, May 8th. Eaton’s payout ratio is currently 43.01%.

Insider Transactions at Eaton

In other news, insider Heath B. Monesmith sold 18,367 shares of the stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $409.11, for a total value of $7,514,123.37. Following the transaction, the insider directly owned 49,822 shares of the company’s stock, valued at $20,382,678.42. This represents a 26.94% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Gerald Johnson bought 746 shares of the business’s stock in a transaction dated Friday, May 8th. The shares were bought at an average price of $402.29 per share, with a total value of $300,108.34. Following the purchase, the director owned 1,414 shares in the company, valued at $568,838.06. The trade was a 111.68% increase in their position. The SEC filing for this purchase provides additional information. Over the last 90 days, insiders sold 21,028 shares of company stock valued at $8,614,793. Corporate insiders own 0.10% of the company’s stock.

More Eaton News

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: ETN moved back above its 200-day moving average, a technical sign that can attract buyers and suggest improving momentum. Eaton (NYSE:ETN) Share Price Passes Above Two Hundred Day Moving Average – Here’s What Happened
• Positive Sentiment: Analyst sentiment remains constructive, with Eaton receiving a consensus “Moderate Buy” rating, which can help support the stock. Eaton Corporation, PLC (NYSE:ETN) Receives Consensus Recommendation of “Moderate Buy” from Analysts
• Positive Sentiment: Recent coverage highlighted Eaton as one of the stocks benefiting from the AI data-center power buildout, reinforcing the growth narrative around its electrical equipment business. 3 Stocks Riding the AI Data Center Power Buildout in July
• Neutral Sentiment: Options-trading activity has drawn attention, with multiple reports suggesting traders may be positioning for a meaningful move, but the articles do not give a clear directional catalyst. Do Options Traders Know Something About Eaton Stock We Don’t?
• Negative Sentiment: ETN recently declined more than the broader market, closing lower in the latest session, which may reflect short-term selling pressure or profit-taking after a strong run. Eaton (ETN) Declines More Than Market: Some Information for Investors

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.