James Investment Research Inc. Sells 3,453 Shares of Eaton Corporation, PLC $ETN

James Investment Research Inc. lessened its stake in Eaton Corporation, PLC (NYSE:ETN) by 19.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 14,025 shares of the industrial products company’s stock after selling 3,453 shares during the quarter. James Investment Research Inc.’s holdings in Eaton were worth $6,027,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in ETN. Security National Bank of SO Dak purchased a new position in shares of Eaton in the 2nd quarter worth about $26,000. Manning & Napier Advisors LLC acquired a new position in shares of Eaton in the 2nd quarter valued at about $27,000. Curry Webb Wealth Management LLC purchased a new stake in shares of Eaton during the 3rd quarter worth about $29,000. Boreal Capital Management LLC purchased a new stake in shares of Eaton during the 1st quarter worth about $33,000. Finally, North Point Portfolio Managers Corp OH purchased a new stake in shares of Eaton during the 3rd quarter worth about $34,000. Hedge funds and other institutional investors own 82.97% of the company’s stock.

Eaton Trading Down 0.8%

Shares of ETN opened at $366.12 on Friday. Eaton Corporation, PLC has a 12 month low of $311.92 and a 12 month high of $478.00. The stock’s 50-day moving average is $415.65 and its two-hundred day moving average is $411.02. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.24 and a quick ratio of 0.79. The stock has a market cap of $142.20 billion, a PE ratio of 37.25, a P/E/G ratio of 2.14 and a beta of 1.13.

Eaton (NYSE:ETN) last posted its earnings results on Friday, July 31st. The industrial products company reported $3.15 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.08 by $0.07. The business had revenue of $8.53 billion during the quarter, compared to analyst estimates of $8.16 billion. Eaton had a return on equity of 24.58% and a net margin of 12.75%. The company’s revenue for the quarter was up 21.4% compared to the same quarter last year. During the same quarter last year, the firm earned $2.95 earnings per share. Eaton has set its Q3 2026 guidance at 3.460-3.560 EPS and its FY 2026 guidance at 13.400-13.600 EPS. Equities analysts forecast that Eaton Corporation, PLC will post 13.59 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, Director Gerald Johnson acquired 130 shares of the business’s stock in a transaction on Thursday, August 13th. The shares were purchased at an average price of $455.90 per share, for a total transaction 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 represents a 7.65% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Heath B. Monesmith sold 18,036 shares of Eaton stock in a transaction dated 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 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 ownership of the stock. The SEC filing for this sale provides additional information. 0.10% of the stock is owned by company insiders.

Key Headlines Impacting Eaton

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Analysts continue to raise their earnings outlook. Zacks lifted its fourth-quarter 2026 EPS estimate to $4.04 from $4.03, while Erste Group raised its fiscal 2026 estimate to $13.59 and fiscal 2027 forecast to $16.32. These revisions suggest expectations for continued growth in Eaton’s higher-margin electrical and data-center businesses. Eaton earnings estimate revisions
• Positive Sentiment: Eaton was highlighted for its energy-efficient electrical products and recognized by IBD as one of the Most Sustainable Companies for a second consecutive year. Its focus on efficient power infrastructure may benefit from expanding electricity and data-center demand. Eaton sustainable profits
• Neutral Sentiment: Eaton has scheduled its next results for November 3. Investors will look for confirmation of its current fiscal 2026 EPS guidance of $13.40–$13.60 and indications that demand from data centers and electrical infrastructure remains strong. Eaton schedules November 3 results
• Negative Sentiment: Baird lowered its price target for ETN to $485 from $500. Although the revised target remains well above recent trading levels, the cut can weigh on sentiment, particularly with the stock trading below its 50-day and 200-day moving averages. Baird cuts Eaton price target
• Negative Sentiment: The shares recently fell 6.33% in one session, indicating broad near-term selling pressure. With quarterly results approaching and valuation still elevated at roughly 37 times earnings, investors may be locking in gains or reducing exposure until Eaton reports. Eaton shares decline more than the market

Analysts Set New Price Targets

Several research firms recently commented on ETN. Wall Street Zen lowered shares of Eaton from a “buy” rating to a “hold” rating in a report on Sunday, August 16th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Eaton from $493.00 to $521.00 and gave the company a “buy” rating in a research report on Wednesday, September 30th. Weiss Ratings downgraded shares of Eaton from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday. UBS Group raised shares of Eaton from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $450.00 to $515.00 in a research report on Monday, September 7th. Finally, BNP Paribas Exane raised their target price on shares of Eaton from $490.00 to $500.00 and gave the company an “outperform” rating in a research note on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $484.10.

Eaton Company Profile

Eaton Corporation plc is a global intelligent power management company that helps businesses, utilities, data centers, manufacturers and other organizations manage electrical, hydraulic and mechanical power more safely, efficiently and reliably. Its solutions support applications ranging from power distribution and backup systems to industrial automation, building infrastructure and transportation.

The company’s Electrical segment provides products and systems such as circuit breakers, switchgear, power distribution equipment, surge protection, energy management software and data center power solutions.