Eaton Corporation, PLC $ETN Stock Holdings Reduced by Avity Investment Management Inc.

Avity Investment Management Inc. cut its position in shares of Eaton Corporation, PLC (NYSE:ETN) by 3.6% in the third quarter, Holdings Channel reports. The firm owned 98,622 shares of the industrial products company’s stock after selling 3,708 shares during the period. Eaton accounts for 2.6% of Avity Investment Management Inc.’s investment portfolio, making the stock its 18th largest holding. Avity Investment Management Inc.’s holdings in Eaton were worth $42,379,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in the company. Wellington Management Group LLP increased its holdings in Eaton by 19.6% in the second 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 during the last quarter. Clal Insurance Enterprises Holdings Ltd increased its stake in shares of Eaton by 112.6% during 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 purchasing an additional 178,000 shares during the last quarter. Munich Reinsurance Co Stock Corp in Munich increased its stake in shares of Eaton by 24,986.3% during the 1st quarter. Munich Reinsurance Co Stock Corp in Munich now owns 154,281 shares of the industrial products company’s stock worth $55,182,000 after purchasing an additional 153,666 shares during the last quarter. Public Employees Retirement System of Ohio bought a new position in shares of Eaton during the 2nd quarter valued at $64,858,000. Finally, Boston Trust Walden Corp lifted its stake in shares of Eaton by 1,560.4% in the 1st quarter. Boston Trust Walden Corp now owns 58,793 shares of the industrial products company’s stock valued at $21,028,000 after purchasing an additional 55,252 shares during the last quarter. Institutional investors own 82.97% of the company’s stock.

Eaton Price Performance

Shares of Eaton stock traded up $4.80 during midday trading on Friday, hitting $429.31. 1,632,950 shares of the company were exchanged, compared to its average volume of 2,514,214. The firm has a 50 day simple moving average of $426.18 and a 200-day simple moving average of $408.47. 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 firm has a market cap of $166.74 billion, a P/E ratio of 43.67, a PEG ratio of 2.50 and a beta of 1.13. Eaton Corporation, PLC has a 52 week low of $311.92 and a 52 week high of $478.00.

Eaton (NYSE:ETN) last released its quarterly earnings data on Friday, July 31st. The industrial products company reported $3.15 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to analyst estimates of $8.16 billion. During the same period in the prior year, the company posted $2.95 earnings per share. The business’s revenue for the quarter was up 21.4% compared to the same quarter last year. Eaton has set its Q3 2026 guidance at 3.460-3.560 EPS and its FY 2026 guidance at 13.400-13.600 EPS. Research analysts forecast that Eaton Corporation, PLC will post 13.57 earnings per share for the current year.

Eaton Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 7th were paid a $1.10 dividend. The ex-dividend date was Friday, August 7th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.0%. Eaton’s payout ratio is 44.76%.

Insider Buying and Selling at Eaton

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

More Eaton News

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Data-center demand remains a major catalyst. Reports highlight a potential transformer shortage and Eaton’s reportedly substantial backlog, including demand tied to artificial-intelligence data-center construction. This supports visibility for its electrical business and future revenue growth. Data Centers Are Running Out of Transformers. Here’s the Industrial Stock With a 3-Year Backlog.
• Positive Sentiment: Global manufacturing capacity supports resilience. Eaton’s diversified production network may help it manage supply-chain disruptions while positioning the company to benefit from electrification, grid investment and infrastructure modernization. Eaton’s Diversified Global Network Supports Growth and Resilience
• Positive Sentiment: Operating momentum remains solid. Eaton’s latest reported quarter exceeded consensus estimates for earnings and revenue, while sales grew strongly year over year. Management’s current full-year earnings outlook also reinforces expectations for continued growth.
• Neutral Sentiment: Analyst and media coverage is constructive but not a new fundamental event. Recent commentary compares Eaton with Vestas Wind Systems on value and discusses its data-center exposure, while Jim Cramer views Eaton as an industrial beneficiary of data-center investment. Analysts Offer Insights on Industrial Goods Companies
• Negative Sentiment: Valuation could limit further upside. The value-stock comparison underscores that Eaton trades at a relatively demanding earnings multiple, leaving the shares sensitive to interest rates, estimates and any slowdown in infrastructure or data-center spending. VWDRY or ETN: Which Is the Better Value Stock Right Now?
• Negative Sentiment: Recent selling reflects near-term caution. ETN recently underperformed the broader market and fell sharply in the prior session, suggesting profit-taking or concerns about valuation despite the company’s favorable long-term growth narrative.

Analyst Ratings Changes

Several equities analysts have commented on the stock. UBS Group raised shares of Eaton from a “neutral” rating to a “buy” rating and increased their target price for the stock from $450.00 to $515.00 in a research report on Monday, September 7th. Morgan Stanley raised their price objective on Eaton from $500.00 to $520.00 and gave the company an “overweight” rating in a research note on Friday, August 28th. BMO Capital Markets upped their price target on shares of Eaton from $477.00 to $487.00 and gave the company an “outperform” rating in a report on Monday, August 3rd. Evercore increased their price objective on Eaton from $502.00 to $515.00 and gave the company an “outperform” rating in a research report on Tuesday, August 11th. Finally, Weiss Ratings raised Eaton from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday. One research analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $480.18.

About Eaton

Eaton Corporation plc (NYSE: ETN) is a global power management company that helps customers manage electrical, hydraulic and mechanical power more safely, efficiently and reliably. Its products and systems serve commercial, industrial, utility, data center, residential, aerospace, vehicle and mobility applications.

The company’s electrical businesses provide circuit protection and control equipment, power distribution systems, connectivity solutions, backup power and other technologies used to support critical infrastructure and improve energy efficiency.