Eaton Corporation, PLC (NYSE:ETN – Get Free Report) Director Dorothy Thompson sold 167 shares of the business’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $385.00, for a total transaction of $64,295.00. Following the sale, the director directly owned 1,096 shares in the company, valued at approximately $421,960. The trade was a 13.22% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Eaton Stock Performance
NYSE ETN opened at $391.73 on Friday. The firm’s fifty day moving average price is $387.41 and its two-hundred day moving average price is $362.25. The stock has a market cap of $152.11 billion, a PE ratio of 38.29, a PEG ratio of 2.51 and a beta of 1.24. Eaton Corporation, PLC has a fifty-two week low of $311.90 and a fifty-two week high of $435.43. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.75 and a current ratio of 1.19.
Eaton (NYSE:ETN – Get Free Report) last posted its earnings results on Tuesday, May 5th. The industrial products company reported $2.81 earnings per share for the quarter, topping analysts’ consensus estimates of $2.73 by $0.08. The firm had revenue of $7.45 billion for 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 company’s revenue was up 16.8% on a year-over-year basis. During the same quarter in the previous year, the firm 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. On average, equities analysts expect that Eaton Corporation, PLC will post 13.33 EPS for the current fiscal year.
Eaton Announces Dividend
Eaton News Summary
Here are the key news stories impacting Eaton this week:
- Positive Sentiment: A recent market article highlighted Eaton as a key beneficiary of AI infrastructure spending, noting that data centers are now the company’s fastest-growing end market and that Eaton has multi-year backlogs. ETN chart reference
- Positive Sentiment: Zacks Research lifted its FY2026 EPS estimate for Eaton to $13.26 from $13.21 and also nudged its Q3 2027 estimate higher, reinforcing the view that earnings momentum remains solid.
- Positive Sentiment: Another commentary piece framed Eaton as a potential “pick-and-shovel” AI stock, citing strong backlog growth and persistent demand from electrical infrastructure and data-center expansion.
- Neutral Sentiment: One article questioned whether Eaton’s long multi-year run has left limited upside near current levels, suggesting the stock is still expensive even after recent volatility. Yahoo Finance article
- Negative Sentiment: Director Dorothy C. Thompson sold 167 shares at $385 each, a small insider sale that may create a modest overhang, though the transaction size was limited. SEC filing
Wall Street Analysts Forecast Growth
Several analysts recently weighed in on the stock. KeyCorp boosted their price objective on shares of Eaton from $420.00 to $480.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. BMO Capital Markets assumed coverage on shares of Eaton in a research note on Friday, March 27th. They issued an “outperform” rating and a $428.00 price objective on the stock. Morgan Stanley reissued an “overweight” rating and issued a $500.00 price objective on shares of Eaton in a research note on Sunday, May 10th. JPMorgan Chase & Co. boosted their price objective on shares of Eaton from $406.00 to $445.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Finally, Royal Bank Of Canada boosted their price objective on shares of Eaton from $457.00 to $484.00 and gave the stock an “outperform” rating in a research note on Wednesday, May 6th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, Eaton presently has a consensus rating of “Moderate Buy” and an average price target of $420.95.
Read Our Latest Stock Report on ETN
Institutional Trading of Eaton
Institutional investors have recently bought and sold shares of the company. Hilton Head Capital Partners LLC bought a new stake in Eaton during the fourth quarter valued at $26,000. Sfam LLC bought a new stake in Eaton during the fourth quarter valued at $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in Eaton during the fourth quarter valued at $28,000. Eagle Bay Advisors LLC bought a new stake in Eaton during the fourth quarter valued at $29,000. Finally, Boreal Capital Management LLC bought a new stake in Eaton during the first quarter valued at $33,000. Institutional investors own 82.97% of the company’s stock.
About Eaton
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.
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