Eaton (NYSE:ETN) Director Dorothy Thompson Sells 167 Shares

by · The Cerbat Gem

Eaton Corporation, PLC (NYSE:ETNGet Free Report) Director Dorothy Thompson sold 167 shares of Eaton stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $385.00, for a total value of $64,295.00. Following the completion of the sale, the director directly owned 1,096 shares of the company’s stock, valued at $421,960. The trade was a 13.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Eaton Trading Up 2.7%

Shares of NYSE ETN traded up $10.22 during trading on Friday, reaching $391.73. The stock had a trading volume of 2,245,743 shares, compared to its average volume of 2,806,075. The company has a market cap of $152.11 billion, a P/E ratio of 38.29, a PEG ratio of 2.44 and a beta of 1.24. The business’s 50-day moving average price is $386.70 and its 200-day moving average price is $362.04. Eaton Corporation, PLC has a fifty-two week low of $311.90 and a fifty-two week high of $435.43. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.75 and a current ratio of 1.19.

Eaton (NYSE:ETNGet Free Report) last released its earnings results on Tuesday, May 5th. The industrial products company reported $2.81 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.73 by $0.08. The firm had revenue of $7.45 billion during 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%.Eaton’s revenue was up 16.8% compared to the same quarter last year. During the same period last year, the business 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. On average, equities research analysts predict that Eaton Corporation, PLC will post 13.33 EPS for the current fiscal year.

Eaton Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 8th will be issued a $1.10 dividend. The ex-dividend date is Friday, May 8th. This represents a $4.40 dividend on an annualized basis and a yield of 1.1%. Eaton’s dividend payout ratio (DPR) is 43.01%.

Institutional Trading of Eaton

Institutional investors and hedge funds have recently made changes to their positions in the company. Hilton Head Capital Partners LLC purchased a new stake in shares of Eaton in the 4th quarter valued at about $26,000. Sfam LLC purchased a new stake in shares of Eaton in the 4th quarter valued at about $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in shares of Eaton in the 4th quarter valued at about $28,000. Eagle Bay Advisors LLC purchased a new stake in shares of Eaton in the 4th quarter valued at about $29,000. Finally, Boreal Capital Management LLC purchased a new stake in shares of Eaton in the 1st quarter valued at about $33,000. 82.97% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Eaton

Here are the key news stories impacting Eaton this week:

  • Positive Sentiment: Investors are bullish on Eaton as an AI infrastructure and data center “pick-and-shovel” play, since its transformers, switchgear and power distribution equipment are needed to connect new facilities to the grid.
  • Positive Sentiment: Recent commentary highlighted strong business momentum, including record quarterly sales, rising organic growth and multi-year backlog, suggesting demand remains solid. Why Eaton (ETN) Is Riding Data Center Demand Across Electrical Infrastructure
  • Positive Sentiment: Zacks Research nudged up its FY2026 and Q3 2027 earnings estimates for Eaton, signaling modestly improved profit expectations.
  • Neutral Sentiment: Several articles asked whether Eaton’s strong multi-year rally has already priced in much of the upside, reflecting a debate over valuation rather than a clear change in fundamentals. Is It Too Late To Add Eaton (ETN) After Its Strong Multi Year Share Price Run?
  • Neutral Sentiment: One research note slightly lowered near-term Q3 2026 earnings estimates, but the change was small and did not alter the broader long-term growth thesis.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Weiss Ratings lowered Eaton from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday. Royal Bank Of Canada lifted their price target on Eaton from $457.00 to $484.00 and gave the stock an “outperform” rating in a report on Wednesday, May 6th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Eaton in a report on Tuesday, January 27th. Citigroup lifted their price target on Eaton from $464.00 to $471.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Finally, Jefferies Financial Group began coverage on Eaton in a report on Monday, March 16th. They set a “buy” rating and a $430.00 price target for the company. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Eaton currently has an average rating of “Moderate Buy” and a consensus target price of $420.95.

Read Our Latest Report on ETN

Eaton Company Profile

(Get Free Report)

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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