Representative David Taylor (Republican-Ohio) recently bought shares of Eaton Corporation, PLC (NYSE:ETN). In a filing disclosed on November 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Eaton stock on November 3rd. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SCHWAB JOINT BROKERAGE #1 (HOME GROWN)” account.
Representative David Taylor also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 11/5/2026.
- Sold $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 11/5/2026.
- Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 11/5/2026.
- Purchased $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 11/5/2026.
- Sold $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 11/3/2026.
- Sold $1,001 – $15,000 in shares of Kroger (NYSE:KR) on 11/3/2026.
- Purchased $1,001 – $15,000 in shares of AT&T (NYSE:T) on 11/3/2026.
- Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 11/3/2026.
- Sold $1,001 – $15,000 in shares of Visa (NYSE:V) on 11/3/2026.
- Sold $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 11/3/2026.
Eaton Trading Down 1.9%
NYSE ETN traded down $6.69 on Friday, reaching $352.35. The company had a trading volume of 1,832,731 shares, compared to its average volume of 3,276,685. The firm has a market cap of $136.89 billion, a price-to-earnings ratio of 35.20, a P/E/G ratio of 2.26 and a beta of 1.15. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.23 and a quick ratio of 0.78. Eaton Corporation, PLC has a fifty-two week low of $311.92 and a fifty-two week high of $478.00. The business has a 50 day moving average of $401.20 and a two-hundred day moving average of $397.13.
Eaton (NYSE:ETN – Get Free Report) last announced its earnings results on Tuesday, November 3rd. The industrial products company reported $3.68 EPS for the quarter, topping the consensus estimate of $3.54 by $0.14. The firm had revenue of $8.95 billion for the quarter, compared to the consensus estimate of $8.53 billion. Eaton had a return on equity of 25.09% and a net margin of 12.18%. The business’s quarterly revenue was up 28.0% compared to the same quarter last year. During the same period in the previous year, the business earned $3.07 EPS. Analysts forecast that Eaton Corporation, PLC will post 13.78 EPS for the current year.
Eaton Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, November 27th. Investors of record on Tuesday, November 10th will be issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Tuesday, November 10th. Eaton’s dividend payout ratio is presently 43.96%.
Analyst Ratings Changes
Several research analysts have recently weighed in on ETN shares. Sanford C. Bernstein reissued an “outperform” rating and issued a $534.00 price objective (up from $509.00) on shares of Eaton in a research report on Monday, August 3rd. Royal Bank Of Canada boosted their price target on Eaton from $526.00 to $539.00 and gave the company an “outperform” rating in a research note on Wednesday, November 4th. Morgan Stanley increased their price target on Eaton from $500.00 to $520.00 and gave the stock an “overweight” rating in a report on Friday, August 28th. BNP Paribas Exane increased their target price on shares of Eaton from $490.00 to $500.00 and gave the stock an “outperform” rating in a research note on Monday, August 3rd. Finally, Weiss Ratings cut shares of Eaton from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, October 23rd. One analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, Eaton currently has a consensus rating of “Moderate Buy” and an average target price of $476.86.
Get Our Latest Stock Report on Eaton
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the business. Oxford Financial Group LTD. LLC increased its position in shares of Eaton by 0.5% during the third quarter. Oxford Financial Group LTD. LLC now owns 12,460 shares of the industrial products company’s stock worth $5,354,000 after acquiring an additional 56 shares in the last quarter. Empowered Funds LLC raised its holdings in shares of Eaton by 12.3% in the 3rd quarter. Empowered Funds LLC now owns 86,570 shares of the industrial products company’s stock worth $37,200,000 after acquiring an additional 9,512 shares during the last quarter. Kovack Advisors Inc. lifted its position in Eaton by 88.8% in the 3rd quarter. Kovack Advisors Inc. now owns 9,756 shares of the industrial products company’s stock valued at $4,210,000 after acquiring an additional 4,588 shares in the last quarter. Mayport LLC lifted its position in Eaton by 9.9% in the 3rd quarter. Mayport LLC now owns 887 shares of the industrial products company’s stock valued at $381,000 after acquiring an additional 80 shares in the last quarter. Finally, Healthcare of Ontario Pension Plan Trust Fund boosted its stake in Eaton by 2.4% during the 3rd quarter. Healthcare of Ontario Pension Plan Trust Fund now owns 188,620 shares of the industrial products company’s stock valued at $81,052,000 after purchasing an additional 4,444 shares during the last quarter. Institutional investors and hedge funds own 82.97% of the company’s stock.
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.
Eaton Company Profile
Eaton is a global power management company that designs and manufactures products and services intended to help customers manage electrical, hydraulic and mechanical power. Founded in 1911, the company serves customers across a range of industries, including utilities, commercial buildings, data centers, aerospace and transportation. Its offerings include electrical distribution and circuit protection equipment, power quality and backup systems, and power management software and services. Eaton also makes aerospace components and systems, as well as products for vehicle powertrains and related applications.
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