Eaton Corporation, PLC $ETN Shares Bought by Clal Insurance Enterprises Holdings Ltd

Clal Insurance Enterprises Holdings Ltd raised its position in shares of Eaton Corporation, PLC (NYSE:ETN) by 112.6% in the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 336,060 shares of the industrial products company’s stock after purchasing an additional 178,000 shares during the quarter. Clal Insurance Enterprises Holdings Ltd owned about 0.09% of Eaton worth $120,199,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of ETN. Hilton Head Capital Partners LLC acquired a new position in shares of Eaton in the 4th quarter worth $26,000. Sfam LLC purchased a new stake in shares of Eaton during the fourth quarter valued at $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of Eaton in the 4th quarter valued at $28,000. Eagle Bay Advisors LLC purchased a new position in Eaton in the 4th quarter worth about $29,000. Finally, WFA of San Diego LLC purchased a new position in Eaton in the 2nd quarter worth about $36,000. Institutional investors own 82.97% of the company’s stock.

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. BMO Capital Markets began coverage on shares of Eaton in a research report on Friday, March 27th. They issued an “outperform” rating and a $428.00 target price on the stock. Weiss Ratings lowered shares of Eaton from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, May 18th. Citigroup lifted their price objective on shares of Eaton from $464.00 to $471.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Royal Bank Of Canada boosted their target price on shares of Eaton from $457.00 to $484.00 and gave the company an “outperform” rating in a research note on Wednesday, May 6th. Finally, JPMorgan Chase & Co. increased their target price on Eaton from $406.00 to $445.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $423.00.

Eaton Stock Performance

Shares of NYSE ETN opened at $403.10 on Wednesday. The company has a quick ratio of 0.75, a current ratio of 1.19 and a debt-to-equity ratio of 0.94. The business’s 50 day moving average is $403.78 and its two-hundred day moving average is $381.45. The company has a market cap of $156.52 billion, a P/E ratio of 39.40, a P/E/G ratio of 2.58 and a beta of 1.18. Eaton Corporation, PLC has a 12 month low of $311.92 and a 12 month high of $436.74.

Eaton (NYSE:ETN) last announced its earnings results on Tuesday, May 5th. The industrial products company reported $2.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.73 by $0.08. Eaton had a net margin of 13.99% and a return on equity of 24.72%. The business had revenue of $7.45 billion for the quarter, compared to analyst estimates of $7.14 billion. During the same quarter in the previous year, the firm posted $2.72 earnings per share. Eaton’s revenue was up 16.8% compared to the same quarter last year. 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, equities analysts expect that Eaton Corporation, PLC will post 13.35 EPS for the current year.

Eaton News Summary

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Eaton opened a new U.K. aerospace additive manufacturing center to expand European production capacity and strengthen localized supply chains for commercial and military aerospace programs. Eaton Opens European Aerospace Additive Manufacturing Center to Expand Production and Strengthen Regional Supply Chain Resilience
• Positive Sentiment: Eaton deepened its “Home as a Grid” strategy by partnering with FranklinWH to integrate smart breakers into home energy systems, which could broaden its addressable market in residential energy management. How Investors May Respond To Eaton (ETN) Expanding Its “Home as a Grid” Footprint with FranklinWH
• Positive Sentiment: Multiple reports highlighted Eaton as a winner from the AI data-center buildout, with rising demand for grid-to-chip power, cooling and mission-critical electrical systems. How is Data Center Expansion Reshaping Eaton’s Business?
• Positive Sentiment: Analyst sentiment also stayed favorable, including a Zacks upgrade to Buy, which may be reinforcing the stock’s upward momentum. Eaton (ETN) Upgraded to Buy: What Does It Mean for the Stock?
• Neutral Sentiment: Several valuation-focused pieces noted that Eaton looks expensive on some cash-flow measures, even if earnings-based metrics remain more reasonable, keeping the stock’s premium valuation in focus. Eaton (ETN) Stock Looks Expensive On Cash Flow But Cheap On Earnings
• Neutral Sentiment: Additional articles compared Eaton with peers and discussed whether it can justify its valuation, suggesting investors are still weighing strong growth against a rich multiple. Can Eaton (ETN) Justify Its Valuation On Data Center Orders And Analyst Upgrades?

Insider Activity

In related news, insider Antonio Galvao sold 494 shares of Eaton stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $405.86, for a total transaction of $200,494.84. Following the completion of the transaction, the insider directly owned 9,175 shares of the company’s stock, valued at $3,723,765.50. This trade represents a 5.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Dorothy C. Thompson sold 167 shares of Eaton stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $385.00, for a total transaction of $64,295.00. Following the completion of the transaction, the director owned 1,096 shares of the company’s stock, valued at $421,960. This trade represents a 13.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 21,028 shares of company stock valued at $8,614,793. 0.10% of the stock is owned by company insiders.

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.