A number of research firms have changed their ratings and price targets for Eaton (NYSE: ETN):
- 8/3/2026 – Eaton had its “outperform” rating reaffirmed by Sanford C. Bernstein.
- 8/3/2026 – Eaton had its price target raised by Royal Bank Of Canada from $484.00 to $512.00. They now have an “outperform” rating on the stock.
- 8/3/2026 – Eaton had its price target raised by Citigroup Inc. from $471.00 to $485.00. They now have a “buy” rating on the stock.
- 8/3/2026 – Eaton was upgraded by Evercore Inc from “in-line” to “outperform”. They now have a $502.00 price target on the stock.
- 8/3/2026 – Eaton had its price target raised by BMO Capital Markets from $477.00 to $487.00. They now have an “outperform” rating on the stock.
Eaton Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 7th will be issued a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a yield of 1.0%. The ex-dividend date is Friday, August 7th. Eaton’s payout ratio is presently 44.76%.
Insider Activity
In other Eaton news, Director Dorothy C. Thompson sold 167 shares of the company’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $385.00, for a total transaction of $64,295.00. Following the completion of the sale, the director directly owned 1,096 shares of the company’s stock, valued at approximately $421,960. This represents a 13.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Adam A. Wadecki sold 525 shares of the business’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $440.54, for a total transaction of $231,283.50. Following the sale, the insider owned 1,054 shares in the company, valued at $464,329.16. This represents a 33.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,186 shares of company stock valued at $496,073 over the last ninety days. Corporate insiders own 0.10% of the company’s stock.
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.
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