Eaton (NYSE:ETN) Director Acquires $300,108.34 in Stock

Eaton Corporation, PLC (NYSE:ETN) Director Gerald Johnson acquired 746 shares of the stock in a transaction dated Friday, May 8th. The stock was bought at an average price of $402.29 per share, with a total value of $300,108.34. Following the purchase, the director directly owned 1,414 shares in the company, valued at $568,838.06. This represents a 111.68% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Gerald Johnson also recently made the following trade(s):

• On Monday, May 11th, Gerald Johnson acquired 215 shares of Eaton stock. The stock was bought at an average price of $419.02 per share, with a total value of $90,089.30.

Eaton Trading Down 4.2%

Shares of NYSE:ETN traded down $17.39 during mid-day trading on Tuesday, hitting $401.61. The company had a trading volume of 2,946,716 shares, compared to its average volume of 2,829,571. The firm has a fifty day moving average price of $381.71 and a 200 day moving average price of $361.24. The company has a market capitalization of $155.95 billion, a PE ratio of 39.26, a price-to-earnings-growth ratio of 2.58 and a beta of 1.24. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.19 and a quick ratio of 0.75. Eaton Corporation, PLC has a one year low of $311.90 and a one year high of $435.43.

Eaton (NYSE:ETN) last released its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $2.81 earnings per share for the quarter, beating the consensus estimate of $2.73 by $0.08. The company had revenue of $7.45 billion during the quarter, compared to analyst estimates of $7.14 billion. Eaton had a net margin of 13.99% and a return on equity of 24.72%. Eaton’s revenue for the quarter was up 16.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.72 EPS. 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, research analysts forecast that Eaton Corporation, PLC will post 13.31 EPS for the current year.

Eaton Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 8th will be paid a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Friday, May 8th. Eaton’s payout ratio is 43.01%.

Institutional Trading of Eaton

Institutional investors have recently made changes to their positions in the company. Hilton Head Capital Partners LLC bought a new stake in shares of Eaton in the 4th quarter worth $26,000. Sfam LLC bought a new stake in shares of Eaton in the 4th quarter worth $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in shares of Eaton in the 4th quarter worth $28,000. Eagle Bay Advisors LLC bought a new stake in shares of Eaton in the 4th quarter worth $29,000. Finally, WFA of San Diego LLC bought a new stake in shares of Eaton in the 2nd quarter worth $36,000. Institutional investors own 82.97% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on ETN shares. Weiss Ratings upgraded shares of Eaton from a “buy (b-)” rating to a “buy (b)” rating in a research note on Monday, May 4th. Jefferies Financial Group started coverage on shares of Eaton in a research note on Monday, March 16th. They set a “buy” rating and a $430.00 price target for the company. KeyCorp boosted their price target 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. HSBC upgraded shares of Eaton from a “hold” rating to a “buy” rating and set a $400.00 price target for the company in a research note on Friday, January 16th. Finally, Barclays boosted their price target on shares of Eaton from $340.00 to $392.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $420.95.

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.