Eaton (NYSE:ETN) Insider Sells $200,494.84 in Stock

Eaton Corporation, PLC (NYSE:ETN) insider Antonio Galvao sold 494 shares of the firm’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $405.86, for a total transaction of $200,494.84. Following the completion of the sale, the insider owned 9,175 shares of the company’s stock, valued at $3,723,765.50. This trade represents a 5.11% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

Eaton Stock Performance

Shares of ETN opened at $400.02 on Friday. The company has a current ratio of 1.19, a quick ratio of 0.75 and a debt-to-equity ratio of 0.94. The stock has a market cap of $155.33 billion, a P/E ratio of 39.10, a PEG ratio of 2.57 and a beta of 1.24. The company has a 50-day moving average of $384.79 and a two-hundred day moving average of $362.26. Eaton Corporation, PLC has a 12-month low of $311.90 and a 12-month high of $435.43.

Eaton (NYSE:ETN) last announced its earnings results on Tuesday, May 5th. The industrial products company reported $2.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.73 by $0.08. The company had revenue of $7.45 billion during the quarter, compared to analysts’ expectations of $7.14 billion. Eaton had a net margin of 13.99% and a return on equity of 24.72%. The firm’s quarterly revenue was up 16.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.72 earnings per share. Eaton has set its Q2 2026 guidance at 3.000-3.100 EPS and its FY 2026 guidance at 13.050-13.500 EPS. As a group, research analysts predict that Eaton Corporation, PLC will post 13.33 EPS for the current fiscal year.

Eaton Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Shareholders of record on Friday, May 8th will be given a dividend of $1.10 per share. The ex-dividend date is Friday, May 8th. This represents a $4.40 dividend on an annualized basis and a yield of 1.1%. Eaton’s payout ratio is presently 43.01%.

Institutional Investors Weigh In On Eaton

A number of institutional investors have recently bought and sold shares of ETN. Hilton Head Capital Partners LLC purchased a new stake in Eaton in the fourth quarter valued at approximately $26,000. Sfam LLC purchased a new stake in Eaton during the fourth quarter worth approximately $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in Eaton during the fourth quarter worth approximately $28,000. Eagle Bay Advisors LLC purchased a new stake in Eaton during the fourth quarter worth approximately $29,000. Finally, Boreal Capital Management LLC purchased a new stake in Eaton during the first quarter worth approximately $33,000. 82.97% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

ETN has been the subject of a number of research reports. Morgan Stanley restated an “overweight” rating and set a $500.00 target price on shares of Eaton in a research report on Sunday, May 10th. Barclays lifted their target price on shares of Eaton from $340.00 to $392.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. JPMorgan Chase & Co. lifted their price target on shares of Eaton from $406.00 to $445.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. KeyCorp lifted their price target on shares of Eaton from $420.00 to $480.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. Finally, Sanford C. Bernstein reiterated an “outperform” rating on shares of Eaton in a report on Tuesday, January 27th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $420.95.

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.