Burling Wealth Partners LLC Purchases 2,132 Shares of Eaton Corporation, PLC $ETN

Burling Wealth Partners LLC increased its position in Eaton Corporation, PLC (NYSE:ETN) by 18.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 13,428 shares of the industrial products company’s stock after purchasing an additional 2,132 shares during the period. Burling Wealth Partners LLC’s holdings in Eaton were worth $4,803,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Williams Jones Wealth Management LLC. lifted its position in Eaton by 3.3% during the third quarter. Williams Jones Wealth Management LLC. now owns 515,587 shares of the industrial products company’s stock valued at $192,958,000 after buying an additional 16,422 shares during the period. SG Americas Securities LLC grew 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 during the period. Silvercrest Asset Management Group LLC increased its stake in shares of Eaton by 23.1% in the 4th quarter. Silvercrest Asset Management Group LLC now owns 310,859 shares of the industrial products company’s stock worth $99,012,000 after acquiring an additional 58,281 shares in the last quarter. PFA Pension Forsikringsaktieselskab bought a new position in shares of Eaton in the 4th quarter worth about $97,989,000. Finally, Bartlett & CO. Wealth Management LLC lifted its position in Eaton by 12.1% during the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 266,845 shares of the industrial products company’s stock valued at $95,442,000 after acquiring an additional 28,815 shares during the period. Institutional investors own 82.97% of the company’s stock.

Trending Headlines about Eaton

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Eaton opened a new U.K. aerospace additive manufacturing center, which should help expand production capacity, improve supply-chain resilience, and support demand for next-generation aerospace platforms. Eaton opens UK aerospace additive manufacturing center
• Positive Sentiment: ETN was upgraded to a Zacks Rank #2 (Buy), signaling improving earnings expectations and potentially supporting the stock in the near term. Eaton (ETN) Upgraded to Buy: What Does It Mean for the Stock?
• Positive Sentiment: Articles highlighting Eaton as a beneficiary of AI data-center power demand and the broader electrification cycle reinforce the market’s growth narrative for the company. AI Data Centers Need Power, and These 2 Industrials Are Cashing In (ETN)
• Neutral Sentiment: Several commentary pieces compared Eaton with peers or asked whether the stock is a buy, but these are mostly valuation and relative-performance discussions rather than new company-specific catalysts. VWDRY vs. ETN: Which Stock Should Value Investors Buy Now?
• Neutral Sentiment: Coverage noting that Eaton has outperformed industrial peers this year is supportive, but it mainly reflects past performance rather than a fresh trigger. Is Eaton (ETN) Stock Outpacing Its Industrial Products Peers This Year?

Eaton Stock Up 0.3%

Shares of Eaton stock opened at $401.36 on Tuesday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.75 and a current ratio of 1.19. The stock has a market capitalization of $155.85 billion, a PE ratio of 39.23, a price-to-earnings-growth ratio of 2.57 and a beta of 1.18. Eaton Corporation, PLC has a 52-week low of $311.92 and a 52-week high of $436.74. The company has a 50-day simple moving average of $403.75 and a two-hundred day simple moving average of $380.86.

Eaton (NYSE:ETN) last posted its quarterly earnings results 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. The firm had revenue of $7.45 billion for the quarter, compared to analysts’ expectations of $7.14 billion. Eaton had a net margin of 13.99% and a return on equity of 24.72%. The business’s revenue for the quarter was up 16.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.72 earnings per share. Eaton has set its Q2 2026 guidance at 3.000-3.100 EPS and its FY 2026 guidance at 13.050-13.500 EPS. On average, analysts anticipate that Eaton Corporation, PLC will post 13.35 EPS for the current fiscal year.

Analyst Ratings Changes

A number of brokerages have weighed in on ETN. Morgan Stanley restated an “overweight” rating and issued a $500.00 price objective on shares of Eaton in a report on Sunday, May 10th. Weiss Ratings lowered shares of Eaton from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, May 18th. Citigroup boosted their price target on Eaton from $464.00 to $471.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. KeyCorp upped their price target on Eaton from $420.00 to $480.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Finally, Erste Group Bank assumed coverage on Eaton in a research note on Tuesday, May 5th. They set a “buy” rating for the company. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Eaton currently has an average rating of “Moderate Buy” and a consensus price target of $423.00.

Insider Buying and Selling at Eaton

In other news, insider Antonio Galvao sold 494 shares of the company’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $405.86, for a total transaction of $200,494.84. Following the transaction, the insider directly owned 9,175 shares of the company’s stock, valued at $3,723,765.50. This represents a 5.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Gerald Johnson acquired 215 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The shares were acquired at an average cost of $419.02 per share, for a total transaction of $90,089.30. Following the completion of the transaction, the director directly owned 1,629 shares of the company’s stock, valued at $682,583.58. The trade was a 15.21% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last quarter, insiders sold 21,028 shares of company stock worth $8,614,793. Insiders own 0.10% of the company’s stock.

Eaton Company 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.