Mediolanum International Funds Ltd Acquires 15,048 Shares of Eaton Corporation, PLC $ETN

Mediolanum International Funds Ltd grew its stake in shares of Eaton Corporation, PLC (NYSE:ETN) by 14.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 121,162 shares of the industrial products company’s stock after acquiring an additional 15,048 shares during the quarter. Mediolanum International Funds Ltd’s holdings in Eaton were worth $44,485,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of ETN. MTM Investment Management LLC raised its holdings in Eaton by 0.6% in the 3rd quarter. MTM Investment Management LLC now owns 4,802 shares of the industrial products company’s stock worth $1,797,000 after purchasing an additional 29 shares during the period. Lyell Wealth Management LP boosted its holdings in shares of Eaton by 3.2% during the 2nd quarter. Lyell Wealth Management LP now owns 975 shares of the industrial products company’s stock valued at $348,000 after purchasing an additional 30 shares during the last quarter. Dakota Community Bank & Trust NA increased its stake in Eaton by 6.3% in the 3rd quarter. Dakota Community Bank & Trust NA now owns 594 shares of the industrial products company’s stock worth $222,000 after acquiring an additional 35 shares during the last quarter. First United Bank & Trust grew its stake in shares of Eaton by 5.2% in the 3rd quarter. First United Bank & Trust now owns 755 shares of the industrial products company’s stock worth $283,000 after buying an additional 37 shares in the last quarter. Finally, ORG Partners LLC grew its position in Eaton by 4.2% in the third quarter. ORG Partners LLC now owns 1,019 shares of the industrial products company’s stock worth $382,000 after acquiring an additional 41 shares in the last quarter. 82.97% of the stock is owned by hedge funds and other institutional investors.

Eaton Trading Down 0.8%

ETN opened at $351.70 on Friday. 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 firm has a market cap of $136.60 billion, a price-to-earnings ratio of 35.17, a price-to-earnings-growth ratio of 2.33 and a beta of 1.20. Eaton Corporation, PLC has a 52 week low of $231.85 and a 52 week high of $399.56. The business’s 50 day moving average is $332.80 and its two-hundred day moving average is $354.83.

Eaton (NYSE:ETN) last issued its earnings results on Tuesday, November 4th. The industrial products company reported $3.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.06 by $0.01. The business 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 predict that Eaton Corporation, PLC will post 12.02 EPS for the current year.

Wall Street Analyst Weigh In

ETN has been the subject of a number of recent analyst reports. KeyCorp boosted their price objective on Eaton from $410.00 to $420.00 and gave the company an “overweight” rating in a report on Tuesday, October 14th. Mizuho boosted their target price on shares of Eaton from $385.00 to $425.00 and gave the stock an “outperform” rating in a report on Friday, October 17th. JPMorgan Chase & Co. lowered their price objective on Eaton from $440.00 to $406.00 and set an “overweight” rating for the company in a research report on Friday, January 16th. Wells Fargo & Company cut their target price on Eaton from $395.00 to $340.00 and set an “equal weight” rating on the stock in a research report on Thursday, December 18th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Eaton in a report on Wednesday, January 21st. Two analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, Eaton currently has a consensus rating of “Moderate Buy” and a consensus price target of $384.30.

Insider Buying and Selling at Eaton

In other Eaton news, Director Gerald Johnson bought 200 shares of the stock in a transaction on Tuesday, November 18th. The stock was purchased at an average price of $339.89 per share, for a total transaction of $67,978.00. Following the completion of the purchase, the director directly owned 400 shares in the company, valued at approximately $135,956. This trade represents a 100.00% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.30% of the company’s stock.

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.