Eaton (NYSE:ETN) Shares Bought Rep. Gilbert Ray Cisneros, Jr.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Eaton Corporation, PLC (NYSE:ETN). In a filing disclosed on September 10th, the Representative disclosed that they had bought between $15,001 and $50,000 in Eaton stock on August 27th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 8/28/2026.
• Purchased $15,001 – $50,000 in shares of Quanta Services (NYSE:PWR) on 8/27/2026.
• Sold $15,001 – $50,000 in shares of NIKE (NYSE:NKE) on 8/27/2026.
• Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Wheaton Precious Metals (NYSE:WPM) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 8/26/2026.
• Sold $15,001 – $50,000 in shares of Lamar Advertising (NASDAQ:LAMR) on 8/25/2026.
• Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/25/2026.
• Sold $15,001 – $50,000 in shares of Lamar Advertising (NASDAQ:LAMR) on 8/24/2026.

Eaton Price Performance

Shares of NYSE:ETN traded up $16.73 during trading on Friday, reaching $425.88. The stock had a trading volume of 1,630,039 shares, compared to its average volume of 1,658,867. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.79 and a current ratio of 1.24. The business has a fifty day moving average price of $416.22 and a 200-day moving average price of $399.40. The stock has a market cap of $165.41 billion, a PE ratio of 43.32, a PEG ratio of 2.58 and a beta of 1.17. Eaton Corporation, PLC has a 1-year low of $311.92 and a 1-year high of $478.00.

Eaton (NYSE:ETN) last released its earnings results on Friday, July 31st. The industrial products company reported $3.15 earnings per share for the quarter, topping 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 analyst estimates of $8.16 billion. During the same period last year, the company posted $2.95 EPS. The business’s revenue was up 21.4% on a year-over-year basis. 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 forecast that Eaton Corporation, PLC will post 13.56 earnings per share for the current fiscal year.

Eaton Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Friday, August 7th were given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Friday, August 7th. Eaton’s dividend payout ratio is 44.76%.

Institutional Investors Weigh In On Eaton

A number of hedge funds have recently bought and sold shares of the stock. Brighton Jones LLC raised its holdings in shares of Eaton by 1.4% in the 4th quarter. Brighton Jones LLC now owns 3,341 shares of the industrial products company’s stock valued at $1,109,000 after purchasing an additional 45 shares in the last quarter. Revolve Wealth Partners LLC grew its stake in shares of Eaton by 17.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 913 shares of the industrial products company’s stock worth $303,000 after purchasing an additional 136 shares in the last quarter. Empowered Funds LLC increased its holdings in Eaton by 5.6% in the first quarter. Empowered Funds LLC now owns 9,402 shares of the industrial products company’s stock valued at $2,556,000 after buying an additional 496 shares during the last quarter. Vista Capital Partners Inc. acquired a new stake in Eaton in the second quarter valued at $259,000. Finally, Tandem Wealth Advisors LLC raised its stake in Eaton by 70.1% in the second quarter. Tandem Wealth Advisors LLC now owns 2,216 shares of the industrial products company’s stock valued at $791,000 after buying an additional 913 shares in the last quarter. Institutional investors and hedge funds own 82.97% of the company’s stock.

Insider Transactions at Eaton

In other Eaton news, Director Gerald Johnson acquired 130 shares of the company’s stock in a transaction dated Thursday, August 13th. The shares were acquired at an average price of $455.90 per share, for a total transaction of $59,267.00. Following the acquisition, the director owned 1,829 shares in the company, valued at $833,841.10. The trade was a 7.65% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Heath Monesmith sold 18,036 shares of the firm’s stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $458.04, for a total value of $8,261,209.44. Following the sale, the insider directly owned 50,368 shares in the company, valued at $23,070,558.72. This trade represents a 26.37% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on ETN. Royal Bank Of Canada boosted their price objective on shares of Eaton from $484.00 to $512.00 and gave the company an “outperform” rating in a report on Monday, August 3rd. Sanford C. Bernstein reiterated an “outperform” rating on shares of Eaton in a research report on Monday, August 3rd. Morgan Stanley increased their price objective on shares of Eaton from $500.00 to $520.00 and gave the stock an “overweight” rating in a research report on Friday, August 28th. Evercore raised Eaton from an “in-line” rating to an “outperform” rating and set a $502.00 target price on the stock in a research report on Monday, August 3rd. Finally, Wall Street Zen lowered Eaton from a “buy” rating to a “hold” rating in a research report on Sunday, August 16th. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of $454.18.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Eaton

Eaton plc is a power management company that helps businesses, utilities, data centers, industrial facilities and other customers manage electrical, hydraulic and mechanical power more safely and efficiently. Its products and systems support power distribution, circuit protection, power quality, backup power, industrial automation and energy management.

The company also supplies aerospace systems, including hydraulic, fuel, motion-control and air-management equipment, as well as components and systems for commercial and military aircraft.