Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of Eaton Corporation, PLC (NYSE:ETN)
by Danessa Lincoln · The Markets DailyRepresentative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Eaton Corporation, PLC (NYSE:ETN). In a filing disclosed on December 15th, the Representative disclosed that they had bought between $1,001 and $15,000 in Eaton stock on November 18th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.
Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Spotify Technology (NYSE:SPOT) on 11/26/2025.
- Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 11/26/2025.
- Purchased $1,001 – $15,000 in shares of First Watch Restaurant Group (NASDAQ:FWRG) on 11/26/2025.
- Purchased $1,001 – $15,000 in shares of TKO Group (NYSE:TKO) on 11/26/2025.
- Sold $1,001 – $15,000 in shares of RBC Bearings (NYSE:RBC) on 11/24/2025.
- Sold $1,001 – $15,000 in shares of Stifel Financial (NYSE:SF) on 11/24/2025.
- Purchased $1,001 – $15,000 in shares of Logan Energy (CVE:LGN) on 11/24/2025.
- Sold $1,001 – $15,000 in shares of Primoris Services (NASDAQ:PRIM) on 11/24/2025.
- Purchased $15,001 – $50,000 in shares of LandBridge (NYSE:LB) on 11/21/2025.
- Purchased $50,001 – $100,000 in shares of LandBridge (NYSE:LB) on 11/20/2025.
Eaton Price Performance
ETN stock traded down $14.16 during trading on Wednesday, hitting $315.78. The company had a trading volume of 7,552,087 shares, compared to its average volume of 2,794,413. The firm has a market capitalization of $122.65 billion, a price-to-earnings ratio of 31.58, a P/E/G ratio of 2.39 and a beta of 1.17. The company has a current ratio of 1.28, a quick ratio of 0.79 and a debt-to-equity ratio of 0.46. The business has a 50 day moving average of $357.83 and a 200 day moving average of $357.66. Eaton Corporation, PLC has a fifty-two week low of $231.85 and a fifty-two week high of $399.56.
Eaton (NYSE:ETN – Get Free Report) last issued its quarterly earnings results on Tuesday, November 4th. The industrial products company reported $3.07 earnings per share for the quarter, topping analysts’ consensus estimates of $3.06 by $0.01. The company had revenue of $6.99 billion during the quarter, compared to analyst estimates of $7.09 billion. Eaton had a net margin of 14.74% and a return on equity of 24.36%. Eaton has set its Q4 2025 guidance at 3.230-3.430 EPS and its FY 2025 guidance at 11.970-12.170 EPS. As a group, research analysts predict that Eaton Corporation, PLC will post 12.02 earnings per share for the current year.
Eaton Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, November 21st. Investors of record on Thursday, November 6th were issued a $1.04 dividend. The ex-dividend date of this dividend was Thursday, November 6th. This represents a $4.16 annualized dividend and a yield of 1.3%. Eaton’s dividend payout ratio is presently 41.60%.
Hedge Funds Weigh In On Eaton
A number of hedge funds and other institutional investors have recently modified their holdings of ETN. Ameriprise Financial Inc. boosted its stake in shares of Eaton by 85.4% during the 1st quarter. Ameriprise Financial Inc. now owns 3,629,464 shares of the industrial products company’s stock valued at $986,966,000 after buying an additional 1,672,175 shares during the period. Carmignac Gestion raised its holdings in shares of Eaton by 234.7% during the first quarter. Carmignac Gestion now owns 602,544 shares of the industrial products company’s stock worth $163,790,000 after acquiring an additional 422,508 shares in the last quarter. OMERS ADMINISTRATION Corp boosted its position in Eaton by 2,414.8% during the first quarter. OMERS ADMINISTRATION Corp now owns 430,061 shares of the industrial products company’s stock valued at $116,903,000 after purchasing an additional 412,960 shares during the last quarter. Alliancebernstein L.P. grew its stake in Eaton by 12.2% in the first quarter. Alliancebernstein L.P. now owns 3,659,851 shares of the industrial products company’s stock valued at $994,857,000 after purchasing an additional 397,114 shares in the last quarter. Finally, Amundi increased its position in Eaton by 8.0% in the 1st quarter. Amundi now owns 2,805,613 shares of the industrial products company’s stock worth $735,250,000 after purchasing an additional 208,676 shares during the last quarter. Institutional investors and hedge funds own 82.97% of the company’s stock.
Analyst Ratings Changes
A number of equities research analysts have weighed in on ETN shares. Mizuho upped their target price on Eaton from $385.00 to $425.00 and gave the stock an “outperform” rating in a research report on Friday, October 17th. Citigroup boosted their price objective on Eaton from $438.00 to $442.00 and gave the stock a “buy” rating in a research note on Thursday, October 9th. Wells Fargo & Company raised their target price on Eaton from $375.00 to $395.00 and gave the company an “equal weight” rating in a research note on Monday, October 6th. Wall Street Zen cut shares of Eaton from a “buy” rating to a “hold” rating in a research report on Saturday, September 13th. Finally, Royal Bank Of Canada upped their price target on shares of Eaton from $425.00 to $432.00 and gave the company an “outperform” rating in a report on Wednesday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $402.05.
View Our Latest Stock Analysis on ETN
Insider Buying and Selling at Eaton
In other news, Director Gerald Johnson purchased 200 shares of Eaton stock in a transaction dated Tuesday, November 18th. The stock was acquired at an average cost of $339.89 per share, for a total transaction of $67,978.00. Following the acquisition, the director directly owned 400 shares in the company, valued at $135,956. This represents a 100.00% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Over the last three months, insiders bought 500 shares of company stock worth $174,389. 0.30% of the stock is owned by company insiders.
About Representative Cisneros
Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.
Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.
Eaton Company Profile
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.
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