1,645 Shares in Eaton Corporation, PLC $ETN Purchased by Madison Asset Management LLC

Madison Asset Management LLC purchased a new stake in shares of Eaton Corporation, PLC (NYSE:ETN) in the second quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 1,645 shares of the industrial products company’s stock, valued at approximately $701,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of ETN. Knuff & Co LLC bought a new position in shares of Eaton during the second quarter valued at approximately $568,000. Great Lakes Advisors LLC bought a new stake in shares of Eaton in the 2nd quarter worth approximately $1,159,000. Foster & Motley Inc. purchased a new stake in shares of Eaton in the 2nd quarter worth approximately $2,969,000. Commerzbank Aktiengesellschaft FI bought a new position in Eaton during the 2nd quarter valued at approximately $1,469,000. Finally, Trust Co. of Vermont bought a new position in Eaton during the 2nd quarter valued at approximately $23,027,000. Hedge funds and other institutional investors own 82.97% of the company’s stock.

Eaton Stock Up 1.2%

Eaton stock opened at $420.14 on Friday. Eaton Corporation, PLC has a 12 month low of $311.92 and a 12 month high of $478.00. The stock has a fifty day simple moving average of $417.27 and a two-hundred day simple moving average of $396.09. The company has a current ratio of 1.24, a quick ratio of 0.79 and a debt-to-equity ratio of 0.91. The firm has a market cap of $163.18 billion, a price-to-earnings ratio of 42.74, a PEG ratio of 2.63 and a beta of 1.18.

Eaton (NYSE:ETN) last announced its quarterly 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. Eaton had a return on equity of 24.58% and a net margin of 12.75%.The firm had revenue of $8.53 billion for the quarter, compared to the consensus estimate of $8.16 billion. During the same period in the prior year, the company posted $2.95 earnings per share. The company’s quarterly revenue was up 21.4% on a year-over-year basis. 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 predict that Eaton Corporation, PLC will post 13.55 EPS for the current fiscal year.

Eaton Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 7th will be issued a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Friday, August 7th. Eaton’s dividend payout ratio (DPR) is presently 44.76%.

Insider Transactions at Eaton

In other news, insider Adam A. Wadecki sold 525 shares of Eaton stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $440.54, for a total value of $231,283.50. Following the completion of the sale, the insider directly owned 1,054 shares in the company, valued at $464,329.16. The trade was a 33.25% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Gerald Johnson acquired 130 shares of the firm’s stock in a transaction dated Thursday, August 13th. The shares were bought at an average cost of $455.90 per share, with a total value of $59,267.00. Following the completion of the acquisition, the director directly owned 1,829 shares of the company’s stock, valued at $833,841.10. The trade was a 7.65% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Company insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have commented on ETN shares. BMO Capital Markets boosted their target price on Eaton from $477.00 to $487.00 and gave the stock an “outperform” rating in a report on Monday, August 3rd. Barclays lifted their price target on Eaton from $340.00 to $392.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. JPMorgan Chase & Co. increased their price objective on shares of Eaton from $406.00 to $445.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. Weiss Ratings lowered shares of Eaton from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Thursday, August 13th. Finally, KeyCorp lifted their target price on shares of Eaton from $420.00 to $480.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $440.89.

Key Eaton News

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Eaton won contracts from BSD Builders to provide emergency power and energy-management technology for 35 California skilled-nursing facilities. The projects are linked to new state resilience requirements and reinforce demand for Eaton’s grid-resilience and backup-power products. Eaton Wins Contracts From BSD Builders to Supply Power-Management Technology to California Healthcare Facilities
• Positive Sentiment: Eaton’s collaboration with Trane Technologies (NYSE: TT) combines electrical infrastructure and thermal-management systems for AI-focused data centers, using a reference design aligned with NVIDIA platforms. The partnership supports the investment thesis that accelerating AI infrastructure spending will drive demand for Eaton’s power-management equipment. Can Trane Technologies plc and Eaton Become Major Winners from the AI Data Center Boom?
• Positive Sentiment: Zacks Research modestly raised its Eaton Q4 2026 EPS forecast to $4.02 from $4.00 and its full-year estimate to $13.49 from $13.47. Although the increases are small, they indicate continued confidence in earnings momentum; the broader consensus is $13.55 per share. Eaton Stock Performance and Earnings Estimates
• Neutral Sentiment: Eaton appointed Shawn Black as president of its Aerospace Group. The leadership change may support execution in the segment, but no immediate financial impact was announced. Eaton Names Shawn Black President, Aerospace
• Negative Sentiment: Several valuation comparisons argue that Eaton trades at a demanding price after its strong multiyear performance. Analysts cited Hubbell’s more attractive valuation and Vestas Wind Systems’ potential value advantage, while a DCF analysis suggested ETN trades above intrinsic value. These concerns could limit upside despite strong secular demand. Eaton vs. Hubbell: Which Electrification Stock Has an Edge?

About Eaton

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.