1,971 Eaton Corporation, PLC $ETN Shares Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. lessened its holdings in shares of Eaton Corporation, PLC (NYSE:ETN) by 2.4% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 81,178 shares of the industrial products company’s stock after selling 1,971 shares during the period. Oppenheimer & Co. Inc.’s holdings in Eaton were worth $34,883,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Center for Financial Planning Inc. boosted its position in shares of Eaton by 31.4% in the 3rd quarter. Center for Financial Planning Inc. now owns 5,308 shares of the industrial products company’s stock worth $2,281,000 after purchasing an additional 1,267 shares in the last quarter. Segment Wealth Management LLC purchased a new position in Eaton during the 3rd quarter worth $209,000. Verdence Capital Advisors LLC increased its position in Eaton by 5.4% during the 3rd quarter. Verdence Capital Advisors LLC now owns 2,869 shares of the industrial products company’s stock valued at $1,233,000 after buying an additional 146 shares in the last quarter. Odyssey Capital Advisors Inc. increased its position in Eaton by 5.5% during the 3rd quarter. Odyssey Capital Advisors Inc. now owns 1,722 shares of the industrial products company’s stock valued at $740,000 after buying an additional 90 shares in the last quarter. Finally, VUB Generali dochodkova spravcovska spolocnost a.s. purchased a new stake in Eaton in the third quarter valued at about $1,178,000. Hedge funds and other institutional investors own 82.97% of the company’s stock.

Eaton News Summary

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Higher earnings expectations: Zacks Research raised its EPS forecast for Eaton, reinforcing confidence in the company’s earnings outlook. Eaton’s latest reported quarter also showed revenue growth and earnings above consensus, while management’s 2026 guidance remains constructive. Eaton Stock Gets Increased EPS Forecast from Zacks Research
• Positive Sentiment: AI and data-center demand remains a key catalyst: Investment commentary highlighted Eaton’s power-management products as a way to participate in the growing electricity and infrastructure requirements of data centers. This supports the long-term growth narrative for the stock and complements broader AI-infrastructure opportunities. How Eaton’s Data Center Business Complements Amphenol’s AI Infrastructure Opportunity
• Positive Sentiment: Positive market momentum: A Zacks market recap reported that Eaton outperformed the broader market in the most recent session, helping explain the stock’s increase. Eaton Outpaces Stock Market Gains
• Neutral Sentiment: Broader infrastructure theme: Articles discussing a proposed U.S. copper investment and AI-driven grid expansion could benefit electrical-equipment suppliers such as Eaton over time, but they do not represent a direct contract or financial update for the company. This $6 Billion Investment Could Open a Relief Valve for America’s AI and Power-Grid Boom

Insider Activity at Eaton

In related news, Director Gerald Johnson purchased 130 shares of the firm’s stock in a transaction on Thursday, August 13th. The stock was bought at an average cost of $455.90 per share, with a total value of $59,267.00. Following the completion of the acquisition, the director owned 1,829 shares of the company’s stock, valued at $833,841.10. The trade was a 7.65% increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Adam Wadecki sold 525 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $440.54, for a total value of $231,283.50. Following the completion of the sale, the insider owned 1,054 shares in the company, valued at approximately $464,329.16. This represents a 33.25% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.10% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Raymond James Financial raised their price target on Eaton from $465.00 to $525.00 and gave the stock an “outperform” rating in a report on Wednesday, August 5th. Rothschild & Co Redburn boosted their price target on Eaton from $386.00 to $403.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 30th. Argus upped their price objective on shares of Eaton from $475.00 to $528.00 and gave the company a “buy” rating in a report on Tuesday, August 18th. UBS Group raised shares of Eaton from a “neutral” rating to a “buy” rating and increased their price objective for the company from $450.00 to $515.00 in a research report on Monday, September 7th. Finally, HSBC lifted their target price on shares of Eaton from $440.00 to $460.00 and gave the stock a “buy” rating in a research note on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $484.10.

Eaton Price Performance

Shares of ETN opened at $371.28 on Tuesday. The business’s 50-day moving average is $416.47 and its two-hundred day moving average is $394.69. The company has a market capitalization of $144.20 billion, a P/E ratio of 37.77, a P/E/G ratio of 2.12 and a beta of 1.13. Eaton Corporation, PLC has a fifty-two week low of $311.92 and a fifty-two week high of $478.00. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.79 and a current ratio of 1.24.

Eaton (NYSE:ETN) last issued its quarterly earnings data on Friday, July 31st. The industrial products company reported $3.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.08 by $0.07. Eaton had a return on equity of 24.58% and a net margin of 12.75%. The business had revenue of $8.53 billion during the quarter, compared to analysts’ expectations of $8.16 billion. During the same quarter in the previous year, the firm posted $2.95 EPS. The company’s revenue for the quarter 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. Research analysts predict that Eaton Corporation, PLC will post 13.59 earnings per share for the current year.

About Eaton

Eaton Corporation plc is a global intelligent power management company that helps businesses, utilities, data centers, manufacturers and other organizations manage electrical, hydraulic and mechanical power more safely, efficiently and reliably. Its solutions support applications ranging from power distribution and backup systems to industrial automation, building infrastructure and transportation.

The company’s Electrical segment provides products and systems such as circuit breakers, switchgear, power distribution equipment, surge protection, energy management software and data center power solutions.