Eaton (NYSE:ETN) Director Acquires $90,089.30 in Stock

Eaton Corporation, PLC (NYSE:ETN) Director Gerald Johnson bought 215 shares of Eaton stock in a transaction on Monday, May 11th. The shares were purchased at an average price of $419.02 per share, for a total transaction of $90,089.30. Following the acquisition, the director directly owned 1,629 shares in the company, valued at approximately $682,583.58. This trade represents a 15.21% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

• On Friday, May 8th, Gerald Johnson bought 746 shares of Eaton stock. The shares were purchased at an average price of $402.29 per share, for a total transaction of $300,108.34.

Eaton Stock Down 4.2%

Shares of Eaton stock traded down $17.39 during midday trading on Tuesday, hitting $401.61. The company had a trading volume of 2,949,272 shares, compared to its average volume of 2,830,298. 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 $155.95 billion, a P/E ratio of 39.26, a P/E/G ratio of 2.58 and a beta of 1.24. The company has a 50 day moving average of $381.71 and a 200 day moving average of $361.24. Eaton Corporation, PLC has a 52-week low of $311.90 and a 52-week high of $435.43.

Eaton (NYSE:ETN) last posted its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $2.81 earnings per share for the quarter, topping the consensus estimate of $2.73 by $0.08. The company had revenue of $7.45 billion for the quarter, compared to the consensus estimate of $7.14 billion. Eaton had a return on equity of 24.72% and a net margin of 13.99%.The firm’s quarterly revenue was up 16.8% compared to the same quarter last year. During the same quarter in the prior 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. On average, equities analysts predict that Eaton Corporation, PLC will post 13.31 earnings per share for the current fiscal year.

Eaton Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on the company. Erste Group Bank assumed coverage on Eaton in a report on Tuesday, May 5th. They set a “buy” rating on the stock. Barclays increased their price target on Eaton from $340.00 to $392.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. Citigroup increased their price target on Eaton from $464.00 to $471.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Wells Fargo & Company increased their price target on Eaton from $350.00 to $425.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. Finally, Jefferies Financial Group assumed coverage on Eaton in a report on Monday, March 16th. They set a “buy” rating and a $430.00 price target on the stock. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $420.95.

Institutional Investors Weigh In On Eaton

Institutional investors and hedge funds have recently bought and sold shares of the business. Hilton Head Capital Partners LLC bought a new stake in Eaton during the fourth quarter valued at about $26,000. Sfam LLC purchased a new position in shares of Eaton during the fourth quarter valued at about $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new position in shares of Eaton during the fourth quarter valued at about $28,000. Eagle Bay Advisors LLC purchased a new position in shares of Eaton during the fourth quarter valued at about $29,000. Finally, WFA of San Diego LLC purchased a new position in shares of Eaton during the second quarter valued at about $36,000. 82.97% of the stock is owned by institutional investors.

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.