Rep. Gilbert Ray Cisneros, Jr. Purchases Eaton Corporation, PLC (NYSE:ETN) Shares

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Eaton Corporation, PLC (NYSE:ETN). In a filing disclosed on September 10th, the Representative disclosed that they had bought between $15,001 and $50,000 in Eaton stock on August 27th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 8/28/2026.
• Purchased $15,001 – $50,000 in shares of Quanta Services (NYSE:PWR) on 8/27/2026.
• Sold $15,001 – $50,000 in shares of NIKE (NYSE:NKE) on 8/27/2026.
• Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Wheaton Precious Metals (NYSE:WPM) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 8/26/2026.
• Sold $15,001 – $50,000 in shares of Lamar Advertising (NASDAQ:LAMR) on 8/25/2026.
• Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/25/2026.
• Sold $15,001 – $50,000 in shares of Lamar Advertising (NASDAQ:LAMR) on 8/24/2026.

Eaton Stock Up 4.1%

NYSE:ETN traded up $16.73 during mid-day trading on Friday, reaching $425.88. The stock had a trading volume of 1,630,039 shares, compared to its average volume of 1,658,867. The business’s 50 day moving average is $416.22 and its 200 day moving average is $399.40. Eaton Corporation, PLC has a fifty-two week low of $311.92 and a fifty-two week high of $478.00. The stock has a market cap of $165.41 billion, a P/E ratio of 43.32, a PEG ratio of 2.58 and a beta of 1.17. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.24 and a quick ratio of 0.79.

Eaton (NYSE:ETN) last announced its quarterly earnings results on Friday, July 31st. The industrial products company reported $3.15 earnings per share for the quarter, topping analysts’ consensus estimates of $3.08 by $0.07. The company had revenue of $8.53 billion during the quarter, compared to analysts’ expectations of $8.16 billion. Eaton had a return on equity of 24.58% and a net margin of 12.75%.The business’s quarterly revenue was up 21.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $2.95 earnings per share. Eaton has set its Q3 2026 guidance at 3.460-3.560 EPS and its FY 2026 guidance at 13.400-13.600 EPS. As a group, sell-side analysts predict that Eaton Corporation, PLC will post 13.56 earnings per share for the current year.

Eaton Announces Dividend

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

Insider Activity

In related news, insider Heath Monesmith sold 18,036 shares of the company’s stock in a transaction on 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 completion of the transaction, the insider directly owned 50,368 shares in the company, valued at approximately $23,070,558.72. This represents a 26.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Gerald Johnson bought 130 shares of Eaton stock in a transaction that occurred on Thursday, August 13th. The stock was purchased at an average cost of $455.90 per share, with a total value of $59,267.00. Following the completion of the transaction, the director owned 1,829 shares of the company’s stock, valued at $833,841.10. This trade represents a 7.65% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. 0.10% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of brokerages have issued reports on ETN. Royal Bank Of Canada upped their target price on Eaton from $484.00 to $512.00 and gave the stock an “outperform” rating in a research report on Monday, August 3rd. Sanford C. Bernstein restated an “outperform” rating on shares of Eaton in a research note on Monday, August 3rd. Weiss Ratings raised shares of Eaton from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, August 28th. Robert W. Baird set a $500.00 target price on shares of Eaton and gave the company an “outperform” rating in a research note on Thursday, August 20th. Finally, Citigroup boosted their target price on shares of Eaton from $471.00 to $485.00 and gave the stock a “buy” rating in a research report on Monday, August 3rd. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $454.18.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of ETN. Smith Chas P & Associates PA Cpas bought a new stake in Eaton in the 2nd quarter valued at $232,000. Tortoise Investment Management LLC bought a new position in shares of Eaton during the 2nd quarter worth about $274,000. Sequoia Financial Advisors LLC grew its position in Eaton by 6.6% during the second quarter. Sequoia Financial Advisors LLC now owns 175,147 shares of the industrial products company’s stock worth $74,634,000 after buying an additional 10,831 shares in the last quarter. Cahill Financial Advisors Inc. bought a new position in Eaton during the second quarter valued at about $223,000. Finally, Scholtz & Company LLC increased its stake in Eaton by 18.2% during the second quarter. Scholtz & Company LLC now owns 12,215 shares of the industrial products company’s stock valued at $5,205,000 after acquiring an additional 1,884 shares during the period. 82.97% of the stock is currently owned by institutional investors and hedge funds.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Eaton Company Profile

Eaton plc is a power management company that helps businesses, utilities, data centers, industrial facilities and other customers manage electrical, hydraulic and mechanical power more safely and efficiently. Its products and systems support power distribution, circuit protection, power quality, backup power, industrial automation and energy management.

The company also supplies aerospace systems, including hydraulic, fuel, motion-control and air-management equipment, as well as components and systems for commercial and military aircraft.