IFC Advisors LLC Sells 166 Shares of Eaton Corporation, PLC (NYSE:ETN)

12 Jul 2025, 11:36 by Jessica Moore · The Cerbat Gem

IFC Advisors LLC decreased its holdings in shares of Eaton Corporation, PLC (NYSE:ETN – Free Report) by 5.2% during the first quarter, HoldingsChannel reports. The fund owned 3,015 shares of the industrial products company’s stock after selling 166 shares during the quarter. IFC Advisors LLC’s holdings in Eaton were worth $820,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Norges Bank bought a new position in shares of Eaton in the fourth quarter worth $1,495,582,000. GAMMA Investing LLC increased its holdings in shares of Eaton by 27,281.9% in the first quarter. GAMMA Investing LLC now owns 3,593,321 shares of the industrial products company’s stock worth $976,772,000 after purchasing an additional 3,580,198 shares during the period. Capital International Investors bought a new position in shares of Eaton in the fourth quarter worth $523,541,000. Leigh Baldwin & CO. LLC bought a new position in shares of Eaton in the fourth quarter worth $231,552,000. Finally, Janus Henderson Group PLC increased its holdings in shares of Eaton by 24.3% in the fourth quarter. Janus Henderson Group PLC now owns 3,007,570 shares of the industrial products company’s stock worth $998,144,000 after purchasing an additional 588,370 shares during the period. Institutional investors own 82.97% of the company’s stock.

Eaton Stock Performance

NYSE ETN opened at $360.67 on Friday. The company has a quick ratio of 0.84, a current ratio of 1.31 and a debt-to-equity ratio of 0.41. The company has a 50-day simple moving average of $332.74 and a two-hundred day simple moving average of $313.67. The firm has a market cap of $141.13 billion, a price-to-earnings ratio of 36.39, a PEG ratio of 2.70 and a beta of 1.17. Eaton Corporation, PLC has a 12-month low of $231.85 and a 12-month high of $379.99.

Eaton (NYSE:ETN – Get Free Report) last posted its earnings results on Friday, May 2nd. The industrial products company reported $2.72 earnings per share for the quarter, topping analysts’ consensus estimates of $2.70 by $0.02. The company had revenue of $6.38 billion during the quarter, compared to analyst estimates of $6.26 billion. Eaton had a net margin of 15.55% and a return on equity of 23.41%. Eaton’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same period in the prior year, the business posted $2.40 earnings per share. On average, equities analysts forecast that Eaton Corporation, PLC will post 12.02 EPS for the current year.

Eaton Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 23rd. Stockholders of record on Monday, May 5th were issued a dividend of $1.04 per share. The ex-dividend date was Monday, May 5th. This represents a $4.16 dividend on an annualized basis and a dividend yield of 1.15%. Eaton’s dividend payout ratio is currently 41.98%.

Insider Transactions at Eaton

In other news, insider Michael Yelton sold 2,120 shares of the stock in a transaction dated Tuesday, May 6th. The shares were sold at an average price of $296.87, for a total transaction of $629,364.40. Following the completion of the sale, the insider directly owned 3,382 shares in the company, valued at approximately $1,004,014.34. This represents a 38.53% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Craig Arnold sold 103,486 shares of the stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $322.75, for a total transaction of $33,400,106.50. Following the sale, the insider owned 490,208 shares of the company’s stock, valued at approximately $158,214,632. This represents a 17.43% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 156,660 shares of company stock valued at $49,622,894. 0.30% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

ETN has been the topic of several research analyst reports. Morgan Stanley decreased their price target on shares of Eaton from $385.00 to $375.00 and set an “overweight” rating on the stock in a report on Tuesday, May 6th. BNP Paribas initiated coverage on Eaton in a research note on Thursday, May 15th. They issued an “outperform” rating and a $380.00 target price on the stock. KeyCorp increased their target price on Eaton from $325.00 to $355.00 and gave the company an “overweight” rating in a research note on Monday, May 5th. Wall Street Zen raised Eaton from a “hold” rating to a “buy” rating in a research note on Saturday, July 5th. Finally, Wells Fargo & Company increased their target price on Eaton from $310.00 to $360.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 1st. Six equities research analysts have rated the stock with a hold rating and fifteen have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $370.63.

Read Our Latest Stock Report on Eaton

Eaton Company Profile

(Free Report)

Eaton Corporation plc operates as a power management company worldwide. The company’s Electrical Americas and Electrical Global segment provides electrical components, industrial components, power distribution and assemblies, residential products, single and three phase power quality and connectivity products, wiring devices, circuit protection products, utility power distribution products, power reliability equipment, and services, as well as hazardous duty electrical equipment, emergency lighting, fire detection, explosion-proof instrumentation, and structural support systems.