Morse Asset Management Inc Acquires 4,134 Shares of Eaton Corporation, PLC $ETN

Morse Asset Management Inc grew its holdings in Eaton Corporation, PLC (NYSE:ETN) by 3,937.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,239 shares of the industrial products company’s stock after acquiring an additional 4,134 shares during the quarter. Morse Asset Management Inc’s holdings in Eaton were worth $1,586,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of ETN. Cornerstone Planning Group LLC increased its position in Eaton by 9.3% during the third quarter. Cornerstone Planning Group LLC now owns 328 shares of the industrial products company’s stock worth $126,000 after acquiring an additional 28 shares during the period. MTM Investment Management LLC boosted its holdings in Eaton by 0.6% in the 3rd quarter. MTM Investment Management LLC now owns 4,802 shares of the industrial products company’s stock valued at $1,797,000 after purchasing an additional 29 shares during the period. Correct Capital Wealth Management grew its position in Eaton by 0.9% in the 3rd quarter. Correct Capital Wealth Management now owns 3,477 shares of the industrial products company’s stock worth $1,301,000 after purchasing an additional 31 shares during the last quarter. Dakota Community Bank & Trust NA grew its position in Eaton by 6.3% in the 3rd quarter. Dakota Community Bank & Trust NA now owns 594 shares of the industrial products company’s stock worth $222,000 after purchasing an additional 35 shares during the last quarter. Finally, First United Bank & Trust increased its holdings in shares of Eaton by 5.2% during the 3rd quarter. First United Bank & Trust now owns 755 shares of the industrial products company’s stock worth $283,000 after purchasing an additional 37 shares during the period. Institutional investors and hedge funds own 82.97% of the company’s stock.

Key Stories Impacting Eaton

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Eaton announced the Eaton Beam Rubin DSX platform, a grid‑to‑chip, end‑to‑end architecture built with NVIDIA to accelerate global AI data‑center buildouts — a direct revenue opportunity in power, cooling and modular infrastructure for high‑growth AI factories. Eaton collaborates with NVIDIA to unveil the Eaton Beam Rubin DSX platform to address the nearly $7 trillion data center buildout market from grid to chip
• Positive Sentiment: Jefferies reinstated coverage with a Buy and $430 price target, arguing Eaton is well‑positioned for demand from AI data centers — the target implies meaningful upside vs. current levels and likely supports bullish flows. Buy This Stock Because AI Data Centers Run Hot
• Positive Sentiment: Multiple bullish writeups (WealthWise summary / InsiderMonkey) reiterate Eaton’s attractive margin profile, cash generation and exposure to electrification and data‑center power needs, reinforcing investor interest. Is Eaton Corporation plc (ETN) A Good Stock To Buy Now?
• Neutral Sentiment: Valuation/momentum pieces note mixed short‑term performance (month weakness) versus strong 90‑day and 1‑year returns — useful context but not fresh catalysts. A Look At Eaton (ETN) Valuation As Short Term Momentum Cools Against Strong Longer Term Gains
• Neutral Sentiment: Schneider Electric’s cooling roadmap for NVIDIA Vera Rubin racks is an industry development that complements Eaton’s addressable market for AI cooling/power but is not an Eaton announcement. It supports sector demand assumptions. Schneider Outlines Roadmap for Vera Rubin Chip Cooling
• Neutral Sentiment: Market recaps/Zacks note the share gain vs. the market today — confirmation of the intraday move but no new catalyst. Eaton (ETN) Laps the Stock Market: Here’s Why
• Negative Sentiment: Barclays raised its price target slightly to $354 but kept an Equal‑Weight rating, signaling limited near‑term upside from current levels and a more cautious stance from a major bank. Barclays price target note

Eaton Stock Performance

NYSE ETN opened at $361.09 on Tuesday. Eaton Corporation, PLC has a twelve month low of $231.85 and a twelve month high of $408.45. The company has a quick ratio of 0.81, a current ratio of 1.32 and a debt-to-equity ratio of 0.45. The stock has a market cap of $140.07 billion, a P/E ratio of 34.52, a PEG ratio of 2.45 and a beta of 1.17. The company’s 50-day simple moving average is $356.52 and its 200 day simple moving average is $355.38.

Eaton (NYSE:ETN) last announced its quarterly earnings results on Thursday, February 26th. The industrial products company reported $3.23 EPS for the quarter. Eaton had a net margin of 14.89% and a return on equity of 25.00%. As a group, research analysts forecast that Eaton Corporation, PLC will post 12.02 earnings per share for the current fiscal year.

Eaton Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Investors of record on Tuesday, March 10th will be paid a $1.10 dividend. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a $4.40 annualized dividend and a yield of 1.2%. This is a positive change from Eaton’s previous quarterly dividend of $1.04. Eaton’s payout ratio is presently 42.07%.

Insider Buying and Selling

In other Eaton news, insider Sternadt Paulo Ruiz sold 10,707 shares of the company’s stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $390.26, for a total value of $4,178,513.82. Following the sale, the insider directly owned 27,729 shares in the company, valued at $10,821,519.54. This represents a 27.86% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.30% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

ETN has been the subject of several research reports. Jefferies Financial Group initiated coverage on shares of Eaton in a research note on Monday. They issued a “buy” rating and a $430.00 target price for the company. UBS Group restated a “neutral” rating and set a $360.00 price target (down from $440.00) on shares of Eaton in a research note on Sunday, January 4th. Barclays raised their price objective on Eaton from $350.00 to $354.00 and gave the stock an “equal weight” rating in a research report on Monday. HSBC raised Eaton from a “hold” rating to a “buy” rating and set a $400.00 price objective on the stock in a report on Friday, January 16th. Finally, JPMorgan Chase & Co. cut their target price on Eaton from $440.00 to $406.00 and set an “overweight” rating for the company in a research note on Friday, January 16th. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $395.11.

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.