Rep. David Taylor Sells Off Shares of Eaton Corporation, PLC (NYSE:ETN)

Representative David Taylor (Republican-Ohio) recently sold shares of Eaton Corporation, PLC (NYSE:ETN). In a filing disclosed on March 06th, the Representative disclosed that they had sold between $1,001 and $15,000 in Eaton stock on February 26th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) – DAVE” account.

Representative David Taylor also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Fifth Third Bancorp (NASDAQ:FITB) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Parker-Hannifin (NYSE:PH) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 2/26/2026.
• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Marathon Petroleum (NYSE:MPC) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Kroger (NYSE:KR) on 2/26/2026.
• Sold $15,001 – $50,000 in shares of International Business Machines (NYSE:IBM) on 2/26/2026.
• Sold $15,001 – $50,000 in shares of Salesforce (NYSE:CRM) on 2/26/2026.

Eaton Stock Performance

Eaton stock traded up $9.50 during midday trading on Tuesday, hitting $363.37. The company’s stock had a trading volume of 398,600 shares, compared to its average volume of 2,955,431. The company has a 50-day moving average price of $353.02 and a two-hundred day moving average price of $355.17. Eaton Corporation, PLC has a 1-year low of $231.85 and a 1-year high of $408.45. The company has a market cap of $140.95 billion, a price-to-earnings ratio of 34.69, a PEG ratio of 2.40 and a beta of 1.17. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.32 and a quick ratio of 0.81.

Eaton (NYSE:ETN) last issued its quarterly earnings results on Thursday, February 26th. The industrial products company reported $3.23 earnings per share (EPS) for the quarter. Eaton had a return on equity of 25.00% and a net margin of 14.89%. As a group, sell-side analysts predict that Eaton Corporation, PLC will post 12.02 earnings per share for the current year.

Eaton Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Tuesday, March 10th will be given a dividend of $1.10 per share. This is a positive change from Eaton’s previous quarterly dividend of $1.04. This represents a $4.40 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Tuesday, March 10th. Eaton’s payout ratio is 39.77%.

Insider Transactions at Eaton

In other news, insider Sternadt Paulo Ruiz sold 10,707 shares of the business’s stock in a transaction that occurred on Thursday, February 12th. The shares were sold at an average price of $390.26, for a total value of $4,178,513.82. Following the sale, the insider owned 27,729 shares of the company’s stock, valued at $10,821,519.54. The trade was a 27.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Corporate insiders own 0.30% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the business. Brighton Jones LLC grew its holdings in Eaton by 1.4% during the fourth quarter. Brighton Jones LLC now owns 3,341 shares of the industrial products company’s stock worth $1,109,000 after buying an additional 45 shares in the last quarter. Revolve Wealth Partners LLC boosted its holdings in shares of Eaton by 17.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 913 shares of the industrial products company’s stock worth $303,000 after buying an additional 136 shares during the last quarter. Empowered Funds LLC boosted its stake in Eaton by 5.6% in the first quarter. Empowered Funds LLC now owns 9,402 shares of the industrial products company’s stock valued at $2,556,000 after acquiring an additional 496 shares during the last quarter. Crestwood Advisors Group LLC raised its holdings in shares of Eaton by 0.6% in the 2nd quarter. Crestwood Advisors Group LLC now owns 15,165 shares of the industrial products company’s stock worth $5,414,000 after purchasing an additional 87 shares during the period. Finally, First Horizon Advisors Inc. increased its position in Eaton by 2.0% in the second quarter. First Horizon Advisors Inc. now owns 4,188 shares of the industrial products company’s stock worth $1,495,000 after buying an additional 84 shares during the last quarter. 82.97% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Morgan Stanley reaffirmed an “overweight” rating and set a $425.00 price target on shares of Eaton in a report on Wednesday, February 4th. Citigroup reduced their price target on shares of Eaton from $442.00 to $435.00 and set a “buy” rating on the stock in a research note on Monday, January 12th. Wells Fargo & Company boosted their target price on shares of Eaton from $340.00 to $370.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 4th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Eaton in a report on Tuesday, January 27th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $407.00 target price on shares of Eaton in a research report on Wednesday, February 4th. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $389.89.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.

David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

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.