Eaton Corporation, PLC $ETN Stock Acquired by Factory Mutual Insurance Co.

Factory Mutual Insurance Co. increased its stake in shares of Eaton Corporation, PLC (NYSE:ETN) by 12.4% during the 3rd quarter, Holdings Channel.com reports. The firm owned 170,719 shares of the industrial products company’s stock after acquiring an additional 18,800 shares during the quarter. Factory Mutual Insurance Co.’s holdings in Eaton were worth $73,360,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of ETN. Gerber Kawasaki Wealth & Investment Management increased its stake in shares of Eaton by 7.4% in the 3rd quarter. Gerber Kawasaki Wealth & Investment Management now owns 1,099 shares of the industrial products company’s stock valued at $473,000 after buying an additional 76 shares during the period. Next Level Wealth Planning LLC bought a new stake in shares of Eaton during the third quarter worth $43,000. Blue Bell Private Wealth Management LLC lifted its stake in shares of Eaton by 28.4% during the third quarter. Blue Bell Private Wealth Management LLC now owns 321 shares of the industrial products company’s stock valued at $138,000 after acquiring an additional 71 shares during the period. Signature Equity Partners LLC lifted its stake in shares of Eaton by 10.0% during the third quarter. Signature Equity Partners LLC now owns 1,110 shares of the industrial products company’s stock valued at $477,000 after acquiring an additional 101 shares during the period. Finally, Summit Wealth Group LLC Co. lifted its stake in shares of Eaton by 15.1% during the third quarter. Summit Wealth Group LLC Co. now owns 1,037 shares of the industrial products company’s stock valued at $446,000 after acquiring an additional 136 shares during the period. Institutional investors and hedge funds own 82.97% of the company’s stock.

Analysts Set New Price Targets

ETN has been the subject of a number of research reports. HSBC lifted their price objective on Eaton from $440.00 to $460.00 and gave the stock a “buy” rating in a research report on Monday, August 3rd. Weiss Ratings downgraded shares of Eaton from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, October 23rd. Wells Fargo & Company initiated coverage on shares of Eaton in a research note on Thursday, September 24th. They issued an “overweight” rating and a $503.00 target price on the stock. Sanford C. Bernstein reiterated an “outperform” rating and set a $534.00 price target (up from $509.00) on shares of Eaton in a research report on Monday, August 3rd. Finally, Wall Street Zen downgraded shares of Eaton from a “buy” rating to a “hold” rating in a research note on Sunday, August 16th. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $484.10.

Trending Headlines about Eaton

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Adjusted third-quarter earnings of $3.68 per share topped the $3.54 consensus, while revenue rose 28% year over year to a record $8.95 billion. Organic sales increased 19%. Eaton Q3 Earnings Top Estimates on Strong Organic Sales, View Up
• Positive Sentiment: Orders reached records across all three segments, and Electrical backlog expanded 46%. Eaton raised its organic-growth guidance, citing accelerating demand that includes data-center infrastructure. Eaton Reports Record Third Quarter 2026 Results
• Positive Sentiment: A Bernstein research call argued that political risks to U.S. data-center construction were overstated, helping lift Eaton and other power-infrastructure shares. This could ease a concern that had weighed on the AI-infrastructure trade. Data-center fears called overblown
• Negative Sentiment: GAAP EPS was $2.77, below adjusted EPS of $3.68; amortization and acquisition-related charges contributed to the gap. Higher interest costs tied to acquisitions and cash conversion remain execution points for investors. Eaton Sales Up 28%; GAAP EPS Rises Just 7%
• Negative Sentiment: Despite the earnings beat, recent weakness across AI-power stocks reflects lingering concerns about data-center spending and the sustainability of AI-related investment. Eaton Earnings Are Rock Solid. It Won’t Be Enough to Ease AI Concerns.

Eaton Stock Performance

ETN stock opened at $391.68 on Wednesday. The business’s fifty day moving average is $409.63 and its 200-day moving average is $396.56. The company has a quick ratio of 0.79, a current ratio of 1.24 and a debt-to-equity ratio of 0.91. The company has a market cap of $152.13 billion, a P/E ratio of 39.85, a price-to-earnings-growth ratio of 2.12 and a beta of 1.15. Eaton Corporation, PLC has a twelve month low of $311.92 and a twelve month high of $478.00.

Eaton (NYSE:ETN) last posted its quarterly earnings results on Tuesday, November 3rd. The industrial products company reported $3.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.54 by $0.14. Eaton had a return on equity of 24.58% and a net margin of 12.75%. The business had revenue of $8.95 billion for the quarter, compared to analyst estimates of $8.53 billion. During the same period last year, the company earned $3.07 EPS. The firm’s revenue was up 28.0% on a year-over-year basis. Equities research analysts forecast that Eaton Corporation, PLC will post 13.59 EPS for the current year.

Eaton Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, November 27th. Shareholders of record on Tuesday, November 10th will be paid a $1.10 dividend. The ex-dividend date of this dividend is Tuesday, November 10th. This represents a $4.40 annualized dividend and a yield of 1.1%. Eaton’s dividend payout ratio is presently 44.76%.

Insider Transactions at Eaton

In related news, Director Gerald Johnson bought 130 shares of Eaton 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 completion of the acquisition, the director owned 1,829 shares in the company, valued at approximately $833,841.10. This represents a 7.65% increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Heath Monesmith sold 18,036 shares of the business’s 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 transaction, the insider owned 50,368 shares of the company’s stock, valued at $23,070,558.72. The trade was a 26.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.10% of the stock is currently owned by company insiders.

Eaton 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.