Eaton (NYSE:ETN) Director Gerald Johnson Purchases 130 Shares of Stock

Eaton Corporation, PLC (NYSE:ETN) Director Gerald Johnson acquired 130 shares of the firm’s stock in a transaction on Thursday, August 13th. The shares were bought at an average price of $455.90 per share, for a total transaction of $59,267.00. Following the completion of the transaction, the director owned 1,829 shares of the company’s stock, valued at approximately $833,841.10. This trade represents a 7.65% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

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

• On Wednesday, August 12th, Gerald Johnson bought 70 shares of Eaton stock. The stock was bought at an average price of $469.93 per share, with a total value of $32,895.10.

Eaton Trading Down 0.3%

NYSE:ETN traded down $1.24 during midday trading on Friday, hitting $452.09. 1,396,747 shares of the company traded hands, compared to its average volume of 2,658,022. The firm has a market capitalization of $175.59 billion, a P/E ratio of 45.99, a P/E/G ratio of 2.91 and a beta of 1.18. The firm’s fifty day moving average is $412.53 and its 200-day moving average is $392.72. Eaton Corporation, PLC has a 12-month low of $311.92 and a 12-month high of $478.00. 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 (NYSE:ETN) last posted its quarterly earnings data on Friday, July 31st. The industrial products company reported $3.15 earnings per share for the quarter, beating analysts’ consensus estimates of $3.08 by $0.07. Eaton had a net margin of 12.75% and a return on equity of 24.58%. The business had revenue of $8.53 billion for the quarter, compared to analysts’ expectations of $8.16 billion. During the same quarter in the previous year, the business posted $2.95 earnings per share. The business’s revenue was up 21.4% compared to the same quarter last year. 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, sell-side analysts predict that Eaton Corporation, PLC will post 13.54 EPS for the current year.

Eaton Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 28th. Stockholders of record on Friday, August 7th will be paid a dividend of $1.10 per share. The ex-dividend date of this dividend is Friday, August 7th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.0%. Eaton’s dividend payout ratio is currently 44.76%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Hilton Head Capital Partners LLC bought a new stake in Eaton during the 4th quarter valued at $26,000. Manning & Napier Advisors LLC bought a new position in shares of Eaton during the 2nd quarter worth $27,000. Sfam LLC purchased a new position in shares of Eaton during the fourth quarter valued at $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of Eaton during the fourth quarter valued at $28,000. Finally, Boreal Capital Management LLC bought a new stake in shares of Eaton in the first quarter valued at about $33,000. 82.97% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ETN has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. boosted their price objective on Eaton from $406.00 to $445.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Wells Fargo & Company lifted their target price on Eaton from $350.00 to $425.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Royal Bank Of Canada upped their price target on shares of Eaton from $484.00 to $512.00 and gave the stock an “outperform” rating in a report on Monday, August 3rd. Weiss Ratings downgraded shares of Eaton from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, May 18th. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of Eaton in a report on Monday, August 3rd. Two research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $431.78.

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.