Key Points
- Insider Adam Wadecki sold 525 Eaton shares for approximately $231,284, reducing his direct holdings by 33.25% to 1,054 shares.
- Eaton reported quarterly EPS of $3.15, exceeding estimates, while revenue rose 21.4% year over year to $8.53 billion. The company issued third-quarter and full-year 2026 earnings guidance.
- Eaton declared a quarterly dividend of $1.10 per share, representing $4.40 annually and a 1.0% yield. Analysts remain broadly positive, with a consensus “Moderate Buy” rating despite a $430.89 average price target.
Eaton Corporation, PLC (NYSE:ETN - Get Free Report) insider Adam Wadecki sold 525 shares of the stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $440.54, for a total transaction of $231,283.50. Following the transaction, the insider owned 1,054 shares of the company's stock, valued at $464,329.16. The trade was a 33.25% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.
Eaton Stock Up 0.6%
Shares of ETN stock opened at $447.44 on Thursday. The firm's fifty day moving average price is $407.46 and its two-hundred day moving average price is $387.88. The company has a current ratio of 1.24, a quick ratio of 0.79 and a debt-to-equity ratio of 0.91. Eaton Corporation, PLC has a 1 year low of $311.92 and a 1 year high of $453.50. The firm has a market capitalization of $173.79 billion, a P/E ratio of 45.52, a PEG ratio of 2.82 and a beta of 1.18.
Eaton (NYSE:ETN - Get Free Report) last posted its quarterly earnings data on Friday, July 31st. The industrial products company reported $3.15 EPS 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 the consensus estimate of $8.16 billion. Eaton had a net margin of 12.75% and a return on equity of 24.58%. The company's quarterly revenue was up 21.4% on a year-over-year basis. During the same period in the prior year, the business posted $2.95 EPS. Eaton has set its Q3 2026 guidance at 3.460-3.560 EPS and its FY 2026 guidance at 13.400-13.600 EPS. On average, equities analysts predict that Eaton Corporation, PLC will post 13.53 EPS for the current fiscal year.
Eaton Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Investors of record on Friday, August 7th will be given a dividend of $1.10 per share. The ex-dividend date of this dividend is Friday, August 7th. This represents a $4.40 annualized dividend and a yield of 1.0%. Eaton's dividend payout ratio is 44.76%.
Wall Street Analyst Weigh In
Several research analysts have weighed in on the company. JPMorgan Chase & Co. boosted their price target on Eaton from $406.00 to $445.00 and gave the stock an "overweight" rating in a research report on Wednesday, May 6th. BMO Capital Markets increased their price objective on Eaton from $477.00 to $487.00 and gave the company an "outperform" rating in a report on Monday. KeyCorp raised 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. Wells Fargo & Company boosted their target price on shares of Eaton from $350.00 to $425.00 and gave the stock an "equal weight" rating in a report on Wednesday, May 6th. Finally, Sanford C. Bernstein reaffirmed an "outperform" rating on shares of Eaton in a research report on Monday. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, Eaton currently has an average rating of "Moderate Buy" and a consensus price target of $430.89.
Check Out Our Latest Stock Report on Eaton
Hedge Funds Weigh In On Eaton
Institutional investors have recently bought and sold shares of the business. Bartlett & CO. Wealth Management LLC increased its holdings in shares of Eaton by 9.2% during 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 acquiring an additional 19,958 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd lifted its holdings in Eaton by 239,384.8% during the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 158,060 shares of the industrial products company's stock valued at $50,344,000 after purchasing an additional 157,994 shares during the last quarter. Burling Wealth Partners LLC boosted its position in Eaton by 63.0% during the fourth quarter. Burling Wealth Partners LLC now owns 11,296 shares of the industrial products company's stock worth $3,598,000 after purchasing an additional 4,366 shares during the period. Pioneer Trust Bank N A OR boosted its position in Eaton by 669.1% during the fourth quarter. Pioneer Trust Bank N A OR now owns 6,230 shares of the industrial products company's stock worth $1,984,000 after purchasing an additional 5,420 shares during the period. Finally, Entropy Technologies LP acquired a new position in shares of Eaton in the fourth quarter valued at $14,786,000. Institutional investors and hedge funds own 82.97% of the company's stock.
Key Headlines Impacting Eaton
Here are the key news stories impacting Eaton this week:
- Positive Sentiment: Evercore ISI upgraded Eaton to Buy, adding to the positive analyst sentiment surrounding the electrical and industrial-products company. Eaton was upgraded to a Buy Rating at Evercore ISI
- Positive Sentiment: Strong earnings continue to support ETN. Eaton recently exceeded quarterly EPS and revenue estimates, with revenue increasing 21.4% year over year, and provided quarterly and full-year earnings guidance. The results helped drive the stock to a new 52-week high. Eaton Sets New 52-Week High on Strong Earnings
- Positive Sentiment: BMO Capital Markets expects further appreciation, reinforcing the view that Eaton’s exposure to electrification and industrial demand can support additional gains. Eaton Stock Price Expected to Rise
- Positive Sentiment: Eaton’s earnings-call coverage highlighted strong growth momentum, which may be attracting investors focused on data-center power infrastructure and broader electrification trends. Eaton Earnings Call Shows Powerhouse Growth Momentum
- Neutral Sentiment: Analyst coverage is not uniformly bullish: one report describes conflicting views on Eaton, while other articles compare ETN’s valuation with Vestas Wind Systems and ABB without identifying a new company-specific catalyst. Analysts Conflicted on Eaton
- Negative Sentiment: Insider Adam A. Wadecki sold 525 shares worth approximately $231,284, reducing his direct holdings by 33.25%. The transaction may create a modest sentiment headwind, although it is small relative to Eaton’s market value. Eaton Insider Sale SEC Filing
About Eaton
(
Get Free Report)
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.
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