Vaughan David Investments LLC IL Decreases Stake in Eaton Corporation, PLC $ETN

Vaughan David Investments LLC IL reduced its stake in shares of Eaton Corporation, PLC (NYSE:ETN) by 2.0% during the 4th quarter, Holdings Channel.com reports. The firm owned 176,803 shares of the industrial products company’s stock after selling 3,552 shares during the period. Eaton makes up approximately 1.2% of Vaughan David Investments LLC IL’s portfolio, making the stock its 20th largest position. Vaughan David Investments LLC IL’s holdings in Eaton were worth $56,314,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Fayez Sarofim & Co boosted its position in shares of Eaton by 3.4% in the 3rd quarter. Fayez Sarofim & Co now owns 1,256,177 shares of the industrial products company’s stock worth $474,444,000 after buying an additional 40,792 shares in the last quarter. Williams Jones Wealth Management LLC. boosted its position in shares of Eaton by 3.3% in the 3rd quarter. Williams Jones Wealth Management LLC. now owns 515,587 shares of the industrial products company’s stock worth $192,958,000 after buying an additional 16,422 shares in the last quarter. SG Americas Securities LLC boosted its position in shares of Eaton by 438.9% in the 4th quarter. SG Americas Securities LLC now owns 364,877 shares of the industrial products company’s stock worth $116,217,000 after buying an additional 297,166 shares in the last quarter. PFA Pension Forsikringsaktieselskab purchased a new stake in shares of Eaton in the 4th quarter worth about $97,989,000. Finally, Bartlett & CO. Wealth Management LLC boosted its position in shares of Eaton by 9.2% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 238,030 shares of the industrial products company’s stock worth $75,815,000 after buying an additional 19,958 shares in the last quarter. 82.97% of the stock is currently owned by hedge funds and other institutional investors.

Eaton Trading Up 5.1%

NYSE ETN opened at $394.44 on Friday. Eaton Corporation, PLC has a 12 month low of $311.92 and a 12 month high of $435.43. The company has a 50-day moving average of $399.50 and a 200-day moving average of $366.37. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.19 and a quick ratio of 0.75. The company has a market cap of $153.16 billion, a P/E ratio of 38.56, a P/E/G ratio of 2.41 and a beta of 1.19.

Eaton (NYSE:ETN) last posted its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $2.81 EPS for the quarter, beating analysts’ consensus estimates of $2.73 by $0.08. Eaton had a net margin of 13.99% and a return on equity of 24.72%. The company had revenue of $7.45 billion during the quarter, compared to the consensus estimate of $7.14 billion. During the same quarter in the prior year, the company posted $2.72 EPS. The company’s quarterly revenue was up 16.8% compared to the same quarter last year. Eaton has set its Q2 2026 guidance at 3.000-3.100 EPS and its FY 2026 guidance at 13.050-13.500 EPS. As a group, equities analysts predict that Eaton Corporation, PLC will post 13.32 earnings per share for the current year.

Eaton Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 8th were paid a dividend of $1.10 per share. The ex-dividend date of this dividend was Friday, May 8th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.1%. Eaton’s dividend payout ratio is currently 43.01%.

Insider Buying and Selling at Eaton

In other news, insider Antonio Galvao sold 494 shares of the business’s stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $405.86, for a total transaction of $200,494.84. Following the completion of the sale, the insider owned 9,175 shares in the company, valued at approximately $3,723,765.50. The trade was a 5.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Heath B. Monesmith sold 18,367 shares of the business’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $409.11, for a total value of $7,514,123.37. Following the sale, the insider owned 49,822 shares of the company’s stock, valued at $20,382,678.42. The trade was a 26.94% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 21,028 shares of company stock worth $8,614,793. Company insiders own 0.10% of the company’s stock.

Analyst Ratings Changes

ETN has been the topic of several recent research reports. Barclays boosted their price objective on shares of Eaton from $340.00 to $392.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Morgan Stanley reiterated an “overweight” rating and issued a $500.00 price objective on shares of Eaton in a research report on Sunday, May 10th. Weiss Ratings lowered shares of Eaton from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, May 18th. KeyCorp boosted their target price on shares of Eaton from $420.00 to $480.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. Finally, Wells Fargo & Company boosted their target price on shares of Eaton from $350.00 to $425.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $420.95.

Key Eaton News

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: The Dana transaction should sharpen Eaton’s focus on higher-growth Electrical and Aerospace segments, which are closely tied to AI/data center power demand and could support a higher long-term valuation. Eaton Refocuses On Electrical And Aerospace As Mobility Joins Dana
• Positive Sentiment: Analysts at Erste Group lifted Eaton earnings estimates and reiterated a Buy rating, signaling continued confidence in the company’s earnings power. Eaton analyst update
• Neutral Sentiment: The Mobility deal values the combined powertrain business at more than $10 billion and is expected to create around $250 million of annual run-rate synergies, but the stock may need time to digest the structure and closing details. Dana to combine with Eaton mobility unit in $5.1 billion deal
• Negative Sentiment: ETN had already fallen sharply in the prior session as investors focused on near-term margin pressure, valuation concerns, and signs that much of the good news may already be reflected in the share price. Eaton (ETN) Falls More Steeply Than Broader Market: What Investors Need to Know

Eaton Profile

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.