SVB Wealth LLC Has $11.12 Million Stock Holdings in Eaton Corporation, PLC $ETN

SVB Wealth LLC decreased its holdings in shares of Eaton Corporation, PLC (NYSE:ETN) by 4.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 29,725 shares of the industrial products company’s stock after selling 1,495 shares during the quarter. SVB Wealth LLC’s holdings in Eaton were worth $11,124,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp raised its position in shares of Eaton by 9.9% during the third quarter. Jones Financial Companies Lllp now owns 45,998 shares of the industrial products company’s stock valued at $16,830,000 after buying an additional 4,156 shares during the last quarter. Mediolanum International Funds Ltd increased its stake in Eaton by 14.2% during the third quarter. Mediolanum International Funds Ltd now owns 121,162 shares of the industrial products company’s stock valued at $44,485,000 after acquiring an additional 15,048 shares during the period. Baird Financial Group Inc. raised its holdings in Eaton by 8.8% in the 2nd quarter. Baird Financial Group Inc. now owns 370,531 shares of the industrial products company’s stock valued at $132,276,000 after acquiring an additional 29,900 shares in the last quarter. Bowen Hanes & Co. Inc. lifted its position in shares of Eaton by 1.7% in the 2nd quarter. Bowen Hanes & Co. Inc. now owns 197,775 shares of the industrial products company’s stock worth $70,604,000 after acquiring an additional 3,295 shares during the period. Finally, Cullen Frost Bankers Inc. grew its holdings in shares of Eaton by 6.0% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 162,634 shares of the industrial products company’s stock worth $60,866,000 after purchasing an additional 9,233 shares in the last quarter. 82.97% of the stock is owned by institutional investors.

Eaton Trading Up 0.9%

Shares of NYSE ETN opened at $377.29 on Tuesday. Eaton Corporation, PLC has a 1-year low of $231.85 and a 1-year high of $399.56. The company has a 50-day moving average of $335.88 and a two-hundred day moving average of $354.22. The company has a market cap of $146.54 billion, a PE ratio of 36.07, a P/E/G ratio of 2.58 and a beta of 1.19. The company has a current ratio of 1.32, a quick ratio of 0.81 and a debt-to-equity ratio of 0.45.

Eaton (NYSE:ETN) last posted its quarterly earnings results on Tuesday, February 3rd. The industrial products company reported $3.33 earnings per share (EPS) for the quarter, meeting the consensus estimate of $3.33. Eaton had a return on equity of 25.00% and a net margin of 14.89%.The business had revenue of $7.06 billion for the quarter, compared to analysts’ expectations of $7.15 billion. During the same quarter last year, the business earned $2.83 earnings per share. The firm’s quarterly revenue was up 13.1% compared to the same quarter last year. Eaton has set its Q1 2026 guidance at 2.650-2.850 EPS and its FY 2026 guidance at 13.000-13.500 EPS. As a group, equities analysts expect that Eaton Corporation, PLC will post 12.02 earnings per share for the current fiscal year.

Insider Transactions at Eaton

In other news, Director Gerald Johnson purchased 200 shares of the firm’s stock in a transaction dated Tuesday, November 18th. The stock was bought at an average price of $339.89 per share, with a total value of $67,978.00. Following the acquisition, the director directly owned 400 shares of the company’s stock, valued at approximately $135,956. This represents a 100.00% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Corporate insiders own 0.30% of the company’s stock.

Analyst Upgrades and Downgrades

ETN has been the subject of a number of recent research reports. Royal Bank Of Canada restated an “outperform” rating and issued a $407.00 target price on shares of Eaton in a research note on Wednesday, February 4th. HSBC upgraded shares of Eaton from a “hold” rating to a “buy” rating and set a $400.00 price objective for the company in a research note on Friday, January 16th. Barclays decreased their target price on shares of Eaton from $362.00 to $350.00 and set an “equal weight” rating on the stock in a research report on Wednesday, January 7th. JPMorgan Chase & Co. dropped their price target on shares of Eaton from $440.00 to $406.00 and set an “overweight” rating for the company in a research report on Friday, January 16th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Eaton in a report on Wednesday, January 21st. Two research analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $389.89.

Eaton Company Profile

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.