Eaton (NYSE:ETN) Shares Acquired by Rep. David Taylor

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%

ETN traded down $6.69 during trading hours on Friday, reaching $352.35. The company’s stock had a trading volume of 1,832,731 shares, compared to its average volume of 3,276,685. The stock has a market cap of $136.89 billion, a PE ratio of 35.20, a P/E/G ratio of 2.26 and a beta of 1.15. Eaton Corporation, PLC has a fifty-two week low of $311.92 and a fifty-two week high of $478.00. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.23 and a quick ratio of 0.78. The business’s 50-day moving average is $401.20 and its 200-day moving average is $397.13.

Eaton (NYSE:ETN) last posted its earnings results on Tuesday, November 3rd. The industrial products company reported $3.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.54 by $0.14. Eaton had a return on equity of 25.09% and a net margin of 12.18%. The company had revenue of $8.95 billion during the quarter, compared to analysts’ expectations of $8.53 billion. During the same quarter last year, the firm earned $3.07 earnings per share. The firm’s quarterly revenue was up 28.0% compared to the same quarter last year. As a group, equities research analysts predict that Eaton Corporation, PLC will post 13.78 earnings per share for the current fiscal year.

Eaton Dividend Announcement

The firm 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. The ex-dividend date is Tuesday, November 10th. This represents a $4.40 dividend on an annualized basis and a yield of 1.2%. Eaton’s dividend payout ratio is currently 43.96%.

Analyst Ratings Changes

A number of brokerages recently issued reports on ETN. Deutsche Bank raised their price objective on Eaton from $493.00 to $521.00 and gave the stock a “buy” rating in a research report on Wednesday, September 30th. Citigroup upped their target price on shares of Eaton from $485.00 to $498.00 and gave the company a “buy” rating in a research report on Monday, October 12th. Raymond James Financial reaffirmed an “outperform” rating and issued a $485.00 target price on shares of Eaton in a research report on Monday, November 9th. Weiss Ratings lowered shares of Eaton from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, October 23rd. Finally, Mizuho set a $485.00 price target on shares of Eaton in a research report on Wednesday, November 4th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $476.86.

Institutional Investors Weigh In On Eaton

Several institutional investors and hedge funds have recently modified their holdings of ETN. Wellington Management Group LLP grew its position in Eaton by 19.6% in the 2nd quarter. Wellington Management Group LLP now owns 6,827,266 shares of the industrial products company’s stock valued at $2,909,235,000 after acquiring an additional 1,120,567 shares in the last quarter. Voya Investment Management LLC increased its stake in Eaton by 2.0% during the third quarter. Voya Investment Management LLC now owns 1,076,283 shares of the industrial products company’s stock worth $462,490,000 after purchasing an additional 20,723 shares during the period. National Pension Service lifted its position in shares of Eaton by 3.5% during the second quarter. National Pension Service now owns 864,731 shares of the industrial products company’s stock worth $368,479,000 after purchasing an additional 29,436 shares in the last quarter. Aberdeen Group plc lifted its position in shares of Eaton by 24.1% during the third quarter. Aberdeen Group plc now owns 838,318 shares of the industrial products company’s stock worth $360,234,000 after purchasing an additional 162,941 shares in the last quarter. Finally, Public Sector Pension Investment Board boosted its stake in shares of Eaton by 43.1% in the third quarter. Public Sector Pension Investment Board now owns 687,204 shares of the industrial products company’s stock valued at $293,965,000 after purchasing an additional 206,945 shares during the period. Hedge funds and other institutional investors 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.