Eaton Corporation, PLC $ETN Position Boosted by Game Plan Financial Advisors LLC

Game Plan Financial Advisors LLC lifted its holdings in shares of Eaton Corporation, PLC (NYSE:ETN) by 11.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,675 shares of the industrial products company’s stock after acquiring an additional 2,155 shares during the quarter. Eaton accounts for about 3.2% of Game Plan Financial Advisors LLC’s holdings, making the stock its 9th largest position. Game Plan Financial Advisors LLC’s holdings in Eaton were worth $7,738,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of ETN. WFA of San Diego LLC purchased a new stake in shares of Eaton during the 2nd quarter valued at $36,000. SOA Wealth Advisors LLC. grew its position in Eaton by 36.0% during the second quarter. SOA Wealth Advisors LLC. now owns 136 shares of the industrial products company’s stock valued at $49,000 after buying an additional 36 shares during the period. Salomon & Ludwin LLC grew its position in Eaton by 142.3% during the second quarter. Salomon & Ludwin LLC now owns 172 shares of the industrial products company’s stock valued at $62,000 after buying an additional 101 shares during the period. Horizon Bancorp Inc. IN increased its holdings in Eaton by 43.0% during the second quarter. Horizon Bancorp Inc. IN now owns 236 shares of the industrial products company’s stock worth $84,000 after buying an additional 71 shares during the last quarter. Finally, NewSquare Capital LLC raised its position in Eaton by 117.7% in the second quarter. NewSquare Capital LLC now owns 246 shares of the industrial products company’s stock worth $88,000 after acquiring an additional 133 shares during the period. Hedge funds and other institutional investors own 82.97% of the company’s stock.

Insider Activity at Eaton

In related news, Director Gerald Johnson acquired 200 shares of the stock in a transaction dated Tuesday, November 18th. The shares were purchased at an average price of $339.89 per share, for a total transaction of $67,978.00. Following the transaction, the director owned 400 shares in the company, valued at $135,956. This represents a 100.00% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. Over the last 90 days, insiders have acquired 500 shares of company stock valued at $174,389. 0.30% of the stock is owned by corporate insiders.

Eaton Price Performance

Eaton stock opened at $343.78 on Tuesday. The stock has a market cap of $133.52 billion, a price-to-earnings ratio of 34.38, a PEG ratio of 2.31 and a beta of 1.20. The company has a quick ratio of 0.79, a current ratio of 1.28 and a debt-to-equity ratio of 0.46. The business has a 50-day simple moving average of $334.04 and a 200 day simple moving average of $356.00. Eaton Corporation, PLC has a 52 week low of $231.85 and a 52 week high of $399.56.

Eaton (NYSE:ETN) last issued its quarterly earnings results on Tuesday, November 4th. The industrial products company reported $3.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.06 by $0.01. The firm had revenue of $6.99 billion during the quarter, compared to the consensus estimate of $7.09 billion. Eaton had a return on equity of 24.36% and a net margin of 14.74%.Eaton has set its Q4 2025 guidance at 3.230-3.430 EPS and its FY 2025 guidance at 11.970-12.170 EPS. On average, research analysts forecast that Eaton Corporation, PLC will post 12.02 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently weighed in on the stock. JPMorgan Chase & Co. reduced their target price on shares of Eaton from $440.00 to $406.00 and set an “overweight” rating for the company in a research report on Friday. Wells Fargo & Company reduced their target price on shares of Eaton from $395.00 to $340.00 and set an “equal weight” rating for the company in a research note on Thursday, December 18th. Citigroup dropped their price target on shares of Eaton from $442.00 to $435.00 and set a “buy” rating on the stock in a research note on Monday, January 12th. Royal Bank Of Canada set a $399.00 price objective on shares of Eaton in a research note on Thursday. Finally, KeyCorp increased their target price on Eaton from $410.00 to $420.00 and gave the stock an “overweight” rating in a research report on Tuesday, October 14th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $388.74.

About Eaton

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.