Eaton Corporation, PLC $ETN Stock Holdings Increased by Norris Perne & French LLP MI

Norris Perne & French LLP MI lifted its stake in Eaton Corporation, PLC (NYSE:ETN) by 165.5% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 50,233 shares of the industrial products company’s stock after buying an additional 31,313 shares during the quarter. Eaton comprises 1.0% of Norris Perne & French LLP MI’s portfolio, making the stock its 28th biggest holding. Norris Perne & French LLP MI’s holdings in Eaton were worth $21,586,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Wellington Management Group LLP grew its stake in shares of Eaton by 19.6% during the 2nd quarter. Wellington Management Group LLP now owns 6,827,266 shares of the industrial products company’s stock valued at $2,909,235,000 after acquiring an additional 1,120,567 shares during the period. National Pension Service lifted its holdings in Eaton by 3.5% during the second quarter. National Pension Service now owns 864,731 shares of the industrial products company’s stock valued at $368,479,000 after purchasing an additional 29,436 shares in the last quarter. AMF Tjanstepension AB boosted its position in shares of Eaton by 1.4% in the third quarter. AMF Tjanstepension AB now owns 364,814 shares of the industrial products company’s stock worth $156,764,000 after purchasing an additional 5,168 shares during the period. Clal Insurance Enterprises Holdings Ltd increased its stake in shares of Eaton by 112.6% in the first 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 in the last quarter. Finally, Assenagon Asset Management S.A. increased its stake in shares of Eaton by 87.1% in the third quarter. Assenagon Asset Management S.A. now owns 282,750 shares of the industrial products company’s stock worth $121,501,000 after purchasing an additional 131,624 shares in the last quarter. 82.97% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, insider Heath Monesmith sold 18,036 shares of the stock in a transaction that occurred 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 completion of the transaction, the insider directly owned 50,368 shares of the company’s stock, valued at approximately $23,070,558.72. This represents a 26.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Gerald Johnson acquired 130 shares of the firm’s stock in a transaction dated Thursday, August 13th. The shares were purchased at an average cost of $455.90 per share, for a total transaction of $59,267.00. Following the completion of the acquisition, the director directly owned 1,829 shares in the company, valued at approximately $833,841.10. This represents a 7.65% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. 0.10% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

ETN has been the topic of a number of analyst reports. Sanford C. Bernstein restated an “outperform” rating and set a $534.00 target price (up from $509.00) on shares of Eaton in a research note on Monday, August 3rd. Citigroup increased their price target on Eaton from $485.00 to $498.00 and gave the stock a “buy” rating in a research note on Monday, October 12th. Wells Fargo & Company started coverage on Eaton in a report on Thursday, September 24th. They set an “overweight” rating and a $503.00 price target on the stock. Robert W. Baird set a $500.00 price objective on Eaton and gave the company an “outperform” rating in a research report on Thursday, August 20th. Finally, UBS Group raised Eaton from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $450.00 to $515.00 in a research note on Monday, September 7th. One research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $484.10.

Key Headlines Impacting Eaton

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Analysts continue to raise their earnings outlook. Zacks lifted its fourth-quarter 2026 EPS estimate to $4.04 from $4.03, while Erste Group raised its fiscal 2026 estimate to $13.59 and fiscal 2027 forecast to $16.32. These revisions suggest expectations for continued growth in Eaton’s higher-margin electrical and data-center businesses. Eaton earnings estimate revisions
• Positive Sentiment: Eaton was highlighted for its energy-efficient electrical products and recognized by IBD as one of the Most Sustainable Companies for a second consecutive year. Its focus on efficient power infrastructure may benefit from expanding electricity and data-center demand. Eaton sustainable profits
• Neutral Sentiment: Eaton has scheduled its next results for November 3. Investors will look for confirmation of its current fiscal 2026 EPS guidance of $13.40–$13.60 and indications that demand from data centers and electrical infrastructure remains strong. Eaton schedules November 3 results
• Negative Sentiment: Baird lowered its price target for ETN to $485 from $500. Although the revised target remains well above recent trading levels, the cut can weigh on sentiment, particularly with the stock trading below its 50-day and 200-day moving averages. Baird cuts Eaton price target
• Negative Sentiment: The shares recently fell 6.33% in one session, indicating broad near-term selling pressure. With quarterly results approaching and valuation still elevated at roughly 37 times earnings, investors may be locking in gains or reducing exposure until Eaton reports. Eaton shares decline more than the market

Eaton Stock Performance

Shares of NYSE ETN opened at $366.12 on Friday. The company has a market cap of $142.20 billion, a P/E ratio of 37.25, a P/E/G ratio of 2.12 and a beta of 1.13. Eaton Corporation, PLC has a 52-week low of $311.92 and a 52-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. The firm’s fifty day moving average is $415.65 and its two-hundred day moving average is $411.02.

Eaton (NYSE:ETN) last released its quarterly earnings data on Friday, July 31st. The industrial products company reported $3.15 EPS for the quarter, beating the consensus estimate of $3.08 by $0.07. The business had revenue of $8.53 billion during the quarter, compared to the consensus estimate of $8.16 billion. Eaton had a net margin of 12.75% and a return on equity of 24.58%. The business’s revenue was up 21.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.95 EPS. Eaton has set its Q3 2026 guidance at 3.460-3.560 EPS and its FY 2026 guidance at 13.400-13.600 EPS. As a group, analysts anticipate that Eaton Corporation, PLC will post 13.59 EPS for the current fiscal 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.