3,823 Shares in Eaton Corporation, PLC $ETN Purchased by LifeGoal Investments LLC

LifeGoal Investments LLC bought a new stake in Eaton Corporation, PLC (NYSE:ETN) in the 3rd quarter, according to its most recent filing with the SEC. The fund bought 3,823 shares of the industrial products company’s stock, valued at approximately $1,643,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in ETN. Wellington Management Group LLP boosted its stake in Eaton by 19.6% during the second quarter. Wellington Management Group LLP now owns 6,827,266 shares of the industrial products company’s stock worth $2,909,235,000 after buying an additional 1,120,567 shares during the last quarter. National Pension Service lifted its holdings in Eaton by 3.5% during the 2nd quarter. National Pension Service now owns 864,731 shares of the industrial products company’s stock worth $368,479,000 after buying an additional 29,436 shares in the last quarter. Clal Insurance Enterprises Holdings Ltd increased its holdings in Eaton by 112.6% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 336,060 shares of the industrial products company’s stock worth $120,199,000 after purchasing an additional 178,000 shares during the period. Bartlett & CO. Wealth Management LLC grew its stake in shares of Eaton by 12.1% during the first quarter. Bartlett & CO. Wealth Management LLC now owns 266,845 shares of the industrial products company’s stock worth $95,442,000 after purchasing an additional 28,815 shares in the last quarter. Finally, TD Waterhouse Canada Inc. boosted its position in shares of Eaton by 6.7% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 188,970 shares of the industrial products company’s stock worth $77,973,000 after acquiring an additional 11,804 shares in the last quarter. 82.97% of the stock is owned by hedge funds and other institutional investors.

Eaton Price Performance

NYSE:ETN opened at $423.99 on Friday. Eaton Corporation, PLC has a 12-month low of $311.92 and a 12-month high of $478.00. The firm has a market cap of $164.68 billion, a price-to-earnings ratio of 43.13, a price-to-earnings-growth ratio of 2.50 and a beta of 1.13. The company’s 50-day moving average is $426.18 and its two-hundred day moving average is $408.47. The company has a current ratio of 1.24, a quick ratio of 0.79 and a debt-to-equity ratio of 0.91.

Eaton (NYSE:ETN) last posted its quarterly earnings data on Friday, July 31st. The industrial products company reported $3.15 earnings per share for the quarter, beating analysts’ consensus estimates of $3.08 by $0.07. The business had revenue of $8.53 billion during the quarter, compared to analyst estimates of $8.16 billion. Eaton had a net margin of 12.75% and a return on equity of 24.58%. The company’s revenue was up 21.4% on a year-over-year basis. During the same quarter in the previous year, the business posted $2.95 earnings per share. 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 expect that Eaton Corporation, PLC will post 13.57 EPS for the current year.

Eaton Dividend Announcement

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

Insiders Place Their Bets

In other news, insider Heath Monesmith sold 18,036 shares of the firm’s stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $458.04, for a total transaction of $8,261,209.44. Following the sale, the insider owned 50,368 shares in the company, valued at $23,070,558.72. This trade represents a 26.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Gerald Johnson acquired 130 shares of the stock in a transaction dated Thursday, August 13th. The stock was acquired at an average cost of $455.90 per share, with a total value of $59,267.00. Following the transaction, the director owned 1,829 shares of the company’s stock, valued at approximately $833,841.10. This trade represents a 7.65% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 0.10% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on ETN shares. Morgan Stanley boosted their price objective on Eaton from $500.00 to $520.00 and gave the company an “overweight” rating in a research note on Friday, August 28th. BMO Capital Markets upped their price target on shares of Eaton from $477.00 to $487.00 and gave the stock an “outperform” rating in a research note on Monday, August 3rd. Royal Bank Of Canada lifted their price target on Eaton from $484.00 to $512.00 and gave the stock an “outperform” rating in a research note on Monday, August 3rd. Wall Street Zen cut shares of Eaton from a “buy” rating to a “hold” rating in a research note on Sunday, August 16th. Finally, Citigroup raised their target price on shares of Eaton from $471.00 to $485.00 and gave the company a “buy” rating in a report on Monday, August 3rd. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, Eaton has an average rating of “Buy” and a consensus price target of $456.50.

About Eaton

Eaton Corporation plc (NYSE: ETN) is a global power management company that helps customers manage electrical, hydraulic and mechanical power more safely, efficiently and reliably. Its products and systems serve commercial, industrial, utility, data center, residential, aerospace, vehicle and mobility applications.

The company’s electrical businesses provide circuit protection and control equipment, power distribution systems, connectivity solutions, backup power and other technologies used to support critical infrastructure and improve energy efficiency.