McLaughlin Asset Management Inc. Takes $562,000 Position in Eaton Corporation, PLC $ETN

McLaughlin Asset Management Inc. bought a new stake in shares of Eaton Corporation, PLC (NYSE:ETN) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 1,763 shares of the industrial products company’s stock, valued at approximately $562,000.

Other hedge funds have also added to or reduced their stakes in the company. Hilton Head Capital Partners LLC purchased a new position in Eaton in the 4th quarter worth approximately $26,000. Sfam LLC purchased a new stake in shares of Eaton during the fourth quarter valued at approximately $27,000. Eagle Bay Advisors LLC bought a new position in shares of Eaton in the fourth quarter worth approximately $29,000. WFA of San Diego LLC purchased a new position in shares of Eaton in the second quarter worth $36,000. Finally, Imprint Wealth LLC bought a new stake in Eaton during the 3rd quarter valued at $39,000. 82.97% of the stock is owned by institutional investors.

Eaton Stock Up 3.1%

Shares of NYSE ETN opened at $422.50 on Friday. 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 12 month low of $311.92 and a 12 month high of $435.43. The firm has a market capitalization of $164.06 billion, a PE ratio of 41.30, a price-to-earnings-growth ratio of 2.63 and a beta of 1.19. The firm has a fifty day simple moving average of $403.86 and a two-hundred day simple moving average of $368.77.

Eaton (NYSE:ETN) 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 the consensus estimate 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 in the prior year, the business earned $2.72 EPS. Eaton has set its Q2 2026 guidance at 3.000-3.100 EPS and its FY 2026 guidance at 13.050-13.500 EPS. Equities analysts expect that Eaton Corporation, PLC will post 13.32 earnings per share for the current year.

Eaton Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 8th were issued a $1.10 dividend. The ex-dividend date was Friday, May 8th. This represents a $4.40 dividend on an annualized basis and a yield of 1.0%. Eaton’s dividend payout ratio is 43.01%.

Analyst Upgrades and Downgrades

ETN has been the subject of several analyst reports. BMO Capital Markets initiated coverage on shares of Eaton in a research report on Friday, March 27th. They set an “outperform” rating and a $428.00 price target for the company. Weiss Ratings downgraded shares of Eaton from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, May 18th. Jefferies Financial Group began coverage on shares of Eaton in a report on Monday, March 16th. They set a “buy” rating and a $430.00 target price for the company. Wells Fargo & Company raised their target price on Eaton from $350.00 to $425.00 and gave the stock an “equal weight” rating in a research note on Wednesday, May 6th. Finally, Evercore set a $453.00 price target on Eaton in a report on Monday, May 11th. Two 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. According to data from MarketBeat.com, Eaton presently has an average rating of “Moderate Buy” and an average target price of $420.95.

Trending Headlines about Eaton

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Eaton has been outperforming the broader market, with recent trading showing continued upward momentum as investors rotate into industrial and power-management names. Eaton (ETN) Outpaces Stock Market Gains: What You Should Know
• Positive Sentiment: Bernstein reiterated its Buy rating on Eaton, which can reinforce investor confidence in the stock’s earnings outlook and valuation. Bernstein Keeps Their Buy Rating on Eaton (ETN)
• Positive Sentiment: Investor attention remains elevated around Eaton, suggesting the stock is drawing momentum from strong interest in its growth story and industrial-tech positioning. Eaton Corporation, PLC (ETN) is Attracting Investor Attention: Here is What You Should Know
• Positive Sentiment: Articles highlighting Eaton’s push into data center cooling and power management point to a potentially attractive long-term growth driver, especially as AI and data center infrastructure spending expands. This Investment Pro Is Leaning Into Risk. Why He Likes Defense, Ag Tech, and Infrastructure.
• Neutral Sentiment: Coverage comparing Eaton with peers such as Vestas Wind Systems is mainly a valuation check and does not appear to add a major new catalyst by itself. VWDRY vs. ETN: Which Stock Is the Better Value Option?
• Neutral Sentiment: Additional commentary about Eaton using Boyd Thermal to connect power management with data center cooling is supportive, but largely reinforces an existing bullish narrative rather than introducing a fresh surprise. How Eaton (ETN) Is Using Boyd Thermal to Tie Power Management to Data Center Cooling
• Negative Sentiment: No major negative company-specific developments were identified in these recent articles.

Insider Buying and Selling at Eaton

In related news, insider Peter Denk sold 2,000 shares of the stock in a transaction dated Wednesday, May 6th. The shares were sold at an average price of $417.94, for a total value of $835,880.00. Following the completion of the transaction, the insider directly owned 7,102 shares in the company, valued at $2,968,209.88. This trade represents a 21.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Dorothy C. Thompson sold 167 shares of the business’s stock in a transaction dated 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 $421,960. The trade was a 13.22% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 21,028 shares of company stock valued at $8,614,793. Company insiders own 0.10% 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.