Keybank National Association OH Sells 3,957 Shares of Eaton Corporation, PLC $ETN

Keybank National Association OH cut its stake in shares of Eaton Corporation, PLC (NYSE:ETN) by 1.8% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 218,790 shares of the industrial products company’s stock after selling 3,957 shares during the quarter. Keybank National Association OH’s holdings in Eaton were worth $94,016,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. 71 West Capital Partners grew its position in Eaton by 3.7% during the third quarter. 71 West Capital Partners now owns 4,742 shares of the industrial products company’s stock valued at $2,038,000 after acquiring an additional 169 shares during the period. AEGON ASSET MANAGEMENT UK Plc increased its stake in Eaton by 0.8% during the third quarter. AEGON ASSET MANAGEMENT UK Plc now owns 267,498 shares of the industrial products company’s stock worth $114,947,000 after acquiring an additional 2,248 shares during the last quarter. Gryphon Financial Partners LLC increased its stake in Eaton by 1.3% during the third quarter. Gryphon Financial Partners LLC now owns 4,121 shares of the industrial products company’s stock worth $1,771,000 after acquiring an additional 54 shares during the last quarter. Running Oak Capital LLC raised its holdings in shares of Eaton by 2.5% in the 3rd quarter. Running Oak Capital LLC now owns 28,915 shares of the industrial products company’s stock worth $12,425,000 after purchasing an additional 712 shares during the period. Finally, Kohmann Bosshard Financial Services LLC raised its holdings in shares of Eaton by 12.0% in the 3rd quarter. Kohmann Bosshard Financial Services LLC now owns 1,451 shares of the industrial products company’s stock worth $624,000 after purchasing an additional 156 shares during the period. 82.97% of the stock is currently owned by institutional investors and hedge funds.

Eaton News Summary

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Recent coverage says record third-quarter sales led Eaton to raise its 2026 outlook again. The supplied results also show earnings and revenue ahead of consensus, reinforcing the company’s operating momentum. Eaton stock: Record Q3 sales lift 2026 outlook again
• Positive Sentiment: Hyperscalers are projected to spend $1.3 trillion on capital investment in 2027. Eaton could benefit from demand for the electrical infrastructure needed to build and power data centers, although the projection does not guarantee specific orders for Eaton. Hyperscalers Are Projected to Spend $1.3 Trillion on Capex in 2027
• Positive Sentiment: RBC reportedly sees 58% upside, offering a bullish counterpoint to recent weakness. Eaton was selected to supply hydraulic and fuel-system technologies for Dassault Aviation’s Falcon 10X, adding an aerospace program win, though financial terms were not reported. RBC Sees 58% Upside From Here Eaton selected for Dassault Falcon 10X
• Negative Sentiment: Eaton has fallen sharply over the past month as concerns about Meta’s spending plans and political developments weighed on AI power-equipment stocks broadly. That sector-wide pressure may be offsetting Eaton’s strong results and longer-term data-center opportunity. Eaton Lost 23% in a Month
• Negative Sentiment: Raymond James lowered its price target to $485 from $525. The cut signals a more cautious view, even though the revised target remains above the share price referenced in the supplied background. Raymond James Adjusts Price Target on Eaton

Insider Activity

In related news, Director Gerald Johnson purchased 130 shares of Eaton stock in a transaction dated Thursday, August 13th. The shares were acquired at an average price of $455.90 per share, with a total value of $59,267.00. Following the completion of the transaction, the director owned 1,829 shares of the company’s stock, valued at approximately $833,841.10. This trade represents a 7.65% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on ETN shares. Wall Street Zen lowered Eaton from a “buy” rating to a “hold” rating in a research note on Sunday, August 16th. Citigroup increased their target price on shares of Eaton from $485.00 to $498.00 and gave the stock a “buy” rating in a research report on Monday, October 12th. BNP Paribas Exane raised their price target on shares of Eaton from $490.00 to $500.00 and gave the company an “outperform” rating in a report on Monday, August 3rd. Evercore raised their price target on shares of Eaton from $502.00 to $515.00 and gave the company an “outperform” rating in a report on Tuesday, August 11th. Finally, Rothschild & Co Redburn lifted their price target on shares of Eaton from $386.00 to $403.00 and gave the company a “neutral” rating in a research report on Wednesday, September 30th. One equities 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 MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $482.09.

Eaton Trading Down 1.4%

NYSE:ETN opened at $354.34 on Wednesday. The stock has a market cap of $137.66 billion, a price-to-earnings ratio of 35.40, a price-to-earnings-growth ratio of 2.26 and a beta of 1.15. Eaton Corporation, PLC has a one year low of $311.92 and a one year high of $478.00. 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 business’s 50-day simple moving average is $403.30 and its 200 day simple moving average is $396.80.

Eaton (NYSE:ETN) last issued its quarterly earnings results on Tuesday, November 3rd. The industrial products company reported $3.68 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $8.53 billion. During the same quarter in the previous year, the firm earned $3.07 earnings per share. The business’s revenue was up 28.0% compared to the same quarter last year. As a group, sell-side analysts predict that Eaton Corporation, PLC will post 13.78 earnings per share for the current fiscal year.

Eaton Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 27th. Stockholders of record on Tuesday, November 10th will be paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.2%. The ex-dividend date is Tuesday, November 10th. Eaton’s dividend payout ratio is 43.96%.

About Eaton

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. Eaton also makes aerospace components and systems, as well as products for vehicle powertrains and related applications.