1,567 Shares in Eaton Corporation, PLC $ETN Acquired by TSG Advice Partners LLC

TSG Advice Partners LLC bought a new stake in Eaton Corporation, PLC (NYSE:ETN) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 1,567 shares of the industrial products company’s stock, valued at approximately $668,000.

Several other large investors also recently bought and sold shares of ETN. Wellington Management Group LLP grew its stake in shares of Eaton by 19.6% in the 2nd quarter. Wellington Management Group LLP now owns 6,827,266 shares of the industrial products company’s stock worth $2,909,235,000 after buying an additional 1,120,567 shares in the last quarter. National Pension Service increased its holdings in shares of Eaton by 3.5% in the 2nd quarter. National Pension Service now owns 864,731 shares of the industrial products company’s stock worth $368,479,000 after buying an additional 29,436 shares during the last quarter. AMF Tjanstepension AB increased its holdings in shares of Eaton by 1.4% in the 3rd quarter. AMF Tjanstepension AB now owns 364,814 shares of the industrial products company’s stock worth $156,764,000 after buying an additional 5,168 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd increased its holdings in shares of Eaton by 112.6% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 336,060 shares of the industrial products company’s stock worth $120,199,000 after buying an additional 178,000 shares during the last quarter. Finally, Assenagon Asset Management S.A. raised its position in shares of Eaton by 87.1% during 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 buying an additional 131,624 shares in the last quarter. Institutional investors own 82.97% of the company’s stock.

Eaton Stock Down 1.3%

NYSE ETN opened at $365.18 on Tuesday. The company has a quick ratio of 0.79, a current ratio of 1.24 and a debt-to-equity ratio of 0.91. Eaton Corporation, PLC has a 52 week low of $311.92 and a 52 week high of $478.00. The firm has a market capitalization of $141.84 billion, a price-to-earnings ratio of 37.15, a PEG ratio of 2.28 and a beta of 1.13. The company has a fifty day moving average of $409.97 and a two-hundred day moving average of $396.25.

Eaton (NYSE:ETN) last announced its earnings results on Friday, July 31st. The industrial products company reported $3.15 earnings per share for the quarter, beating the consensus estimate of $3.08 by $0.07. The business had revenue of $8.53 billion for the quarter, compared to the consensus estimate of $8.16 billion. Eaton had a net margin of 12.75% and a return on equity of 24.58%. The business’s revenue for the quarter was up 21.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $2.95 earnings per share. On average, analysts predict that Eaton Corporation, PLC will post 13.59 earnings per share for the current year.

Eaton Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, November 27th. Investors 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 dividend on an annualized basis and a dividend yield of 1.2%. Eaton’s payout ratio is currently 44.76%.

Trending Headlines about Eaton

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Bernstein sees a buying opportunity. Bernstein recommended Eaton alongside Quanta Services, Vertiv and Equinix, arguing that political concerns about U.S. data-center construction appear overstated. The view supports Eaton’s long-term exposure to data-center power infrastructure. Bernstein names stocks to buy as data centre political risks appear overstated
• Positive Sentiment: AI infrastructure remains a growth driver. Eaton is identified as one of the companies benefiting from billions of dollars in Big Tech data-center investment, with strong orders, revenue growth and guidance supporting the longer-term bull case despite recent weakness in AI-related stocks. Big Tech Is Spending Billions on AI—These 5 Stocks Are Getting Paid
• Positive Sentiment: Options activity signals speculative optimism. Eaton experienced unusually high call-option buying, suggesting some traders are positioning for an earnings-related rebound or additional upside. Eaton Stock Sees Unusually High Call Option Buying
• Neutral Sentiment: Earnings are the immediate test. Multiple previews highlight November 3 results, with investors focused on power demand, AI-related orders, margins and management’s outlook. A strong report could validate the growth narrative, while cautious guidance could increase pressure on the shares. Eaton stock heads into November 3 earnings with AI power in focus
• Negative Sentiment: AI-sector risk remains a near-term overhang. Eaton has fallen with other AI infrastructure stocks even as its underlying orders and data-center exposure remain strong. Election-related debate over data-center development and broader concerns about elevated AI valuations may continue to drive volatility before earnings.

Insider Activity

In related news, insider Heath Monesmith sold 18,036 shares of the company’s stock in a transaction dated Tuesday, August 11th. The shares were 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. This represents a 26.37% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Gerald Johnson acquired 130 shares of Eaton stock in a transaction that occurred on Thursday, August 13th. The stock was purchased at an average cost of $455.90 per share, for a total transaction of $59,267.00. Following the completion of the transaction, the director directly owned 1,829 shares in the company, valued at $833,841.10. This trade represents a 7.65% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. Raymond James Financial increased their price target on shares of Eaton from $465.00 to $525.00 and gave the company an “outperform” rating in a report on Wednesday, August 5th. Wall Street Zen cut Eaton from a “buy” rating to a “hold” rating in a research note on Sunday, August 16th. Evercore boosted their price objective on Eaton from $502.00 to $515.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 11th. Citigroup upped their price objective on Eaton from $485.00 to $498.00 and gave the company a “buy” rating in a research report on Monday, October 12th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $534.00 price objective (up from $509.00) on shares of Eaton in a research note on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target 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.