Foster & Motley Inc. Buys 99 Shares of Eaton Corporation, PLC $ETN

Foster & Motley Inc. lifted its stake in Eaton Corporation, PLC (NYSE:ETN) by 2.0% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,990 shares of the industrial products company’s stock after purchasing an additional 99 shares during the quarter. Foster & Motley Inc.’s holdings in Eaton were worth $1,781,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. IMA Advisory Services Inc. bought a new position in Eaton in the 1st quarter valued at approximately $25,000. Creative Financial Designs Inc. ADV lifted its position in Eaton by 102.0% in the 1st quarter. Creative Financial Designs Inc. ADV now owns 101 shares of the industrial products company’s stock valued at $27,000 after acquiring an additional 51 shares in the last quarter. Graybill Wealth Management LTD. bought a new position in Eaton in the 1st quarter valued at approximately $41,000. Saudi Central Bank bought a new position in Eaton in the 1st quarter valued at approximately $42,000. Finally, Horizon Bancorp Inc. IN lifted its position in Eaton by 70.1% in the 1st quarter. Horizon Bancorp Inc. IN now owns 165 shares of the industrial products company’s stock valued at $45,000 after acquiring an additional 68 shares in the last quarter. 82.97% of the stock is owned by institutional investors.

Insider Transactions at Eaton

In other Eaton news, insider Olivier Leonetti sold 16,018 shares of the stock in a transaction on Thursday, August 7th. The stock was sold at an average price of $358.39, for a total value of $5,740,691.02. Following the completion of the sale, the insider owned 630 shares in the company, valued at approximately $225,785.70. This represents a 96.22% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.30% of the company’s stock.

Eaton Trading Down 0.5%

NYSE:ETN opened at $373.60 on Friday. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.24 and a quick ratio of 0.76. The firm has a market capitalization of $145.44 billion, a price-to-earnings ratio of 37.59, a price-to-earnings-growth ratio of 2.67 and a beta of 1.18. Eaton Corporation, PLC has a one year low of $231.85 and a one year high of $399.56. The business has a fifty day moving average price of $362.63 and a 200-day moving average price of $339.38.

Eaton (NYSE:ETN) last posted its quarterly earnings data on Tuesday, August 5th. The industrial products company reported $2.95 EPS for the quarter, topping the consensus estimate of $2.92 by $0.03. The firm had revenue of $7.03 billion during the quarter, compared to analyst estimates of $6.93 billion. Eaton had a return on equity of 23.91% and a net margin of 15.11%.Eaton’s revenue was up 10.7% on a year-over-year basis. During the same period in the prior year, the business posted $2.73 EPS. Eaton has set its Q3 2025 guidance at 3.010-3.070 EPS. FY 2025 guidance at 11.970-12.170 EPS. Sell-side analysts forecast that Eaton Corporation, PLC will post 12.02 EPS for the current year.

Eaton Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 22nd. Stockholders of record on Thursday, August 7th were paid a $1.04 dividend. This represents a $4.16 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Thursday, August 7th. Eaton’s dividend payout ratio is 41.85%.

Analysts Set New Price Targets

Several research firms have recently weighed in on ETN. Wall Street Zen cut Eaton from a “buy” rating to a “hold” rating in a report on Saturday, September 13th. Weiss Ratings reissued a “buy (b-)” rating on shares of Eaton in a report on Wednesday, October 8th. Sanford C. Bernstein reissued an “outperform” rating and set a $396.00 price target on shares of Eaton in a report on Monday, July 14th. The Goldman Sachs Group increased their price target on Eaton from $345.00 to $382.00 and gave the company a “buy” rating in a report on Tuesday, July 8th. Finally, Melius raised Eaton from a “hold” rating to a “buy” rating and set a $495.00 price target on the stock in a report on Monday, September 15th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $398.45.

Eaton Profile

Eaton Corporation plc operates as a power management company worldwide. The company’s Electrical Americas and Electrical Global segment provides electrical components, industrial components, power distribution and assemblies, residential products, single and three phase power quality and connectivity products, wiring devices, circuit protection products, utility power distribution products, power reliability equipment, and services, as well as hazardous duty electrical equipment, emergency lighting, fire detection, explosion-proof instrumentation, and structural support systems.