Jones Financial Companies Lllp Increases Stake in Eaton Corporation, PLC $ETN

Jones Financial Companies Lllp raised its stake in Eaton Corporation, PLC (NYSE:ETN) by 9.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 45,998 shares of the industrial products company’s stock after acquiring an additional 4,156 shares during the quarter. Jones Financial Companies Lllp’s holdings in Eaton were worth $16,830,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC increased its holdings in Eaton by 1.4% in the fourth quarter. Brighton Jones LLC now owns 3,341 shares of the industrial products company’s stock valued at $1,109,000 after buying an additional 45 shares in the last quarter. Revolve Wealth Partners LLC increased its stake in shares of Eaton by 17.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 913 shares of the industrial products company’s stock valued at $303,000 after purchasing an additional 136 shares in the last quarter. Empowered Funds LLC increased its stake in shares of Eaton by 5.6% in the 1st quarter. Empowered Funds LLC now owns 9,402 shares of the industrial products company’s stock valued at $2,556,000 after purchasing an additional 496 shares in the last quarter. Valeo Financial Advisors LLC raised its holdings in Eaton by 2.4% in the 2nd quarter. Valeo Financial Advisors LLC now owns 10,893 shares of the industrial products company’s stock worth $3,889,000 after purchasing an additional 253 shares during the period. Finally, Belpointe Asset Management LLC boosted its position in Eaton by 2.9% during the second quarter. Belpointe Asset Management LLC now owns 2,989 shares of the industrial products company’s stock worth $1,067,000 after purchasing an additional 83 shares in the last quarter. Institutional investors and hedge funds own 82.97% of the company’s stock.

Eaton Stock Performance

NYSE:ETN opened at $362.41 on Wednesday. The company has a market cap of $140.76 billion, a P/E ratio of 36.24, a P/E/G ratio of 2.37 and a beta of 1.20. Eaton Corporation, PLC has a twelve month low of $231.85 and a twelve month high of $399.56. The company’s 50-day moving average price is $333.90 and its 200-day moving average price is $354.51. The company has a current ratio of 1.28, a quick ratio of 0.79 and a debt-to-equity ratio of 0.46.

Eaton (NYSE:ETN) last released its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $3.33 EPS for the quarter, meeting analysts’ consensus estimates of $3.33. The company had revenue of $7.06 billion during the quarter, compared to the consensus estimate of $7.15 billion. Eaton had a net margin of 14.74% and a return on equity of 24.36%. Eaton’s quarterly revenue was up 13.1% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.83 EPS. Eaton has set its Q1 2026 guidance at 2.650-2.850 EPS and its FY 2026 guidance at 13.000-13.500 EPS. On average, sell-side analysts forecast that Eaton Corporation, PLC will post 12.02 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Gerald Johnson acquired 200 shares of the stock in a transaction on Tuesday, November 18th. The shares were bought at an average price of $339.89 per share, with a total value of $67,978.00. Following the completion of the purchase, the director owned 400 shares of the company’s stock, valued at approximately $135,956. This represents a 100.00% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.30% of the company’s stock.

Trending Headlines about Eaton

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Record Q4 results: Eaton reported record adjusted Q4 EPS and record sales, and management cited accelerating orders and continued backlog growth — evidence of demand strength across key end markets. Eaton Reports Record Fourth Quarter 2025 Results, with Accelerating Orders and Continued Backlog Growth, and Issues Guidance on 2026 Outlook
• Positive Sentiment: Segment strength: Electrical and Aerospace contributed strongly to the 13.1% year-over-year revenue gain, offsetting weakness in Vehicle, supporting the view that Eaton’s electrification and aerospace exposures are durable growth drivers. Eaton’s Q4 Earnings on Par With Estimates, Revenues Up Y/Y
• Neutral Sentiment: Quarterly beat/miss nuance: EPS matched consensus at $3.33, but revenue (~$7.05B) missed the ~ $7.15B consensus by a small margin — solid underlying margins and ROE but top-line slightly softer vs. expectations. Eaton (ETN) Q4 Earnings Meet Estimates
• Negative Sentiment: Cautious 2026 guidance: Eaton set FY2026 EPS at $13.00–13.50 (below consensus ~13.53) and Q1 EPS at $2.65–2.85 (well below the ~3.02 estimate). The below-consensus outlook is the primary driver of near-term downside risk. Eaton forecasts annual profit below estimates, shares fall
• Negative Sentiment: Market reaction: Shares initially slid after the revenue miss and the cautious 2026 outlook, signaling that analysts may cut near-term estimates even though long-term demand themes remain intact. Eaton shares slide after revenue miss, 2026 outlook trails estimates

Analysts Set New Price Targets

Several brokerages have recently weighed in on ETN. JPMorgan Chase & Co. reduced their target price on Eaton from $440.00 to $406.00 and set an “overweight” rating for the company in a research note on Friday, January 16th. Morgan Stanley reduced their price objective on shares of Eaton from $425.00 to $405.00 and set an “overweight” rating for the company in a research report on Monday, January 12th. Barclays decreased their price objective on shares of Eaton from $362.00 to $350.00 and set an “equal weight” rating on the stock in a report on Wednesday, January 7th. Citigroup cut their target price on shares of Eaton from $442.00 to $435.00 and set a “buy” rating for the company in a research note on Monday, January 12th. Finally, Mizuho upped their price target on shares of Eaton from $385.00 to $425.00 and gave the stock an “outperform” rating in a research report on Friday, October 17th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, Eaton currently has a consensus rating of “Moderate Buy” and a consensus target price of $384.30.

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.