DB&C Advisors LLC Buys New Stake in Eaton Corporation, PLC $ETN

DB&C Advisors LLC purchased a new position in Eaton Corporation, PLC (NYSE:ETN) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 4,422 shares of the industrial products company’s stock, valued at approximately $1,408,000. Eaton comprises approximately 1.8% of DB&C Advisors LLC’s holdings, making the stock its 18th biggest position.

A number of other institutional investors also recently bought and sold shares of the stock. Greykasell Wealth Strategies Inc. lifted its position in Eaton by 1,405.0% in the fourth quarter. Greykasell Wealth Strategies Inc. now owns 301 shares of the industrial products company’s stock worth $96,000 after buying an additional 281 shares during the last quarter. First Command Advisory Services Inc. lifted its position in Eaton by 4.4% in the fourth quarter. First Command Advisory Services Inc. now owns 863 shares of the industrial products company’s stock worth $275,000 after buying an additional 36 shares during the last quarter. Bowen Hanes & Co. Inc. lifted its position in Eaton by 3.9% in the fourth quarter. Bowen Hanes & Co. Inc. now owns 203,355 shares of the industrial products company’s stock worth $64,771,000 after buying an additional 7,575 shares during the last quarter. Spinnaker Trust lifted its position in Eaton by 13.6% in the fourth quarter. Spinnaker Trust now owns 2,105 shares of the industrial products company’s stock worth $670,000 after buying an additional 252 shares during the last quarter. Finally, New Mexico Educational Retirement Board lifted its position in Eaton by 0.6% in the fourth quarter. New Mexico Educational Retirement Board now owns 17,760 shares of the industrial products company’s stock worth $5,657,000 after buying an additional 100 shares during the last quarter. 82.97% of the stock is currently owned by institutional investors.

Insider Activity

In other news, Director Dorothy C. Thompson sold 167 shares of the firm’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 transaction, the director owned 1,096 shares in the company, valued at approximately $421,960. This trade represents a 13.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Peter Denk sold 2,000 shares of the firm’s stock in a transaction on Wednesday, May 6th. The shares were sold at an average price of $417.94, for a total value of $835,880.00. Following the transaction, the insider owned 7,102 shares in the company, valued at approximately $2,968,209.88. This represents a 21.97% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 21,028 shares of company stock valued at $8,614,793. Company insiders own 0.10% of the company’s stock.

Eaton Stock Down 5.3%

NYSE:ETN opened at $396.35 on Friday. The company has a market cap of $153.90 billion, a price-to-earnings ratio of 38.74, a price-to-earnings-growth ratio of 2.55 and a beta of 1.19. The company has a current ratio of 1.19, a quick ratio of 0.75 and a debt-to-equity ratio of 0.94. Eaton Corporation, PLC has a twelve month low of $311.92 and a twelve month high of $435.43. The stock has a fifty day simple moving average of $396.30 and a 200-day simple moving average of $364.59.

Eaton (NYSE:ETN) last announced its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $2.81 EPS for the quarter, beating the consensus estimate of $2.73 by $0.08. The firm had revenue of $7.45 billion for the quarter, compared to analyst estimates of $7.14 billion. Eaton had a return on equity of 24.72% and a net margin of 13.99%.The business’s revenue for the quarter was up 16.8% on a year-over-year basis. During the same quarter last 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. Analysts anticipate that Eaton Corporation, PLC will post 13.32 EPS for the current year.

Eaton Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 8th were paid a dividend of $1.10 per share. The ex-dividend date was Friday, May 8th. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. Eaton’s dividend payout ratio (DPR) is currently 43.01%.

Wall Street Analyst Weigh In

ETN has been the subject of several research analyst reports. Wells Fargo & Company lifted their target price on Eaton from $350.00 to $425.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. Evercore set a $453.00 target price on Eaton in a research report on Monday, May 11th. JPMorgan Chase & Co. lifted their target price on Eaton from $406.00 to $445.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. Morgan Stanley reiterated an “overweight” rating and set a $500.00 target price on shares of Eaton in a research report on Sunday, May 10th. Finally, Erste Group Bank initiated coverage on Eaton in a research report on Tuesday, May 5th. They set a “buy” rating for the company. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $420.95.

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.