Eaton (NYSE:ETN) Shares Unloaded Rep. David Taylor

Representative David Taylor (Republican-Ohio) recently sold shares of Eaton Corporation, PLC (NYSE:ETN). In a filing disclosed on March 06th, the Representative disclosed that they had sold between $1,001 and $15,000 in Eaton stock on February 26th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) – DAVE” account.

Representative David Taylor also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Fifth Third Bancorp (NASDAQ:FITB) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Parker-Hannifin (NYSE:PH) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of International Business Machines (NYSE:IBM) on 2/26/2026.
• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Marathon Petroleum (NYSE:MPC) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 2/26/2026.
• Sold $1,001 – $15,000 in shares of Kroger (NYSE:KR) on 2/26/2026.
• Sold $15,001 – $50,000 in shares of International Business Machines (NYSE:IBM) on 2/26/2026.
• Sold $15,001 – $50,000 in shares of Salesforce (NYSE:CRM) on 2/26/2026.

Eaton Stock Up 2.0%

Shares of NYSE:ETN opened at $354.54 on Tuesday. Eaton Corporation, PLC has a 1 year low of $231.85 and a 1 year high of $408.45. The company has a debt-to-equity ratio of 0.45, a current ratio of 1.32 and a quick ratio of 0.81. The business’s 50-day moving average is $353.02 and its 200-day moving average is $355.17. The company has a market capitalization of $137.53 billion, a price-to-earnings ratio of 33.89, a P/E/G ratio of 2.40 and a beta of 1.17.

Eaton (NYSE:ETN) last issued its earnings results on Thursday, February 26th. The industrial products company reported $3.23 earnings per share for the quarter. Eaton had a return on equity of 25.00% and a net margin of 14.89%. Equities research analysts predict that Eaton Corporation, PLC will post 12.02 earnings per share for the current year.

Eaton Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Tuesday, March 10th will be paid a $1.10 dividend. The ex-dividend date of this dividend is Tuesday, March 10th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.2%. This is a positive change from Eaton’s previous quarterly dividend of $1.04. Eaton’s dividend payout ratio (DPR) is presently 39.77%.

Insider Buying and Selling at Eaton

In related news, insider Sternadt Paulo Ruiz sold 10,707 shares of Eaton stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $390.26, for a total transaction of $4,178,513.82. Following the transaction, the insider owned 27,729 shares of the company’s stock, valued at $10,821,519.54. The trade was a 27.86% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.30% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on ETN shares. HSBC raised shares of Eaton from a “hold” rating to a “buy” rating and set a $400.00 price target for the company in a research note on Friday, January 16th. Morgan Stanley reissued an “overweight” rating and set a $425.00 price objective on shares of Eaton in a research report on Wednesday, February 4th. Citigroup decreased their target price on Eaton from $442.00 to $435.00 and set a “buy” rating for the company in a research report on Monday, January 12th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Eaton in a research note on Wednesday, January 21st. Finally, Wolfe Research upgraded Eaton from a “peer perform” rating to an “outperform” rating and set a $413.00 price target on the stock in a report on Tuesday, December 9th. Two analysts have rated the stock with a Strong Buy rating, thirteen have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, Eaton presently has an average rating of “Moderate Buy” and an average target price of $389.89.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Hilton Head Capital Partners LLC bought a new stake in shares of Eaton during the fourth quarter worth about $26,000. Sfam LLC acquired a new position in Eaton during the 4th quarter valued at about $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in Eaton during the 4th quarter valued at about $28,000. Eagle Bay Advisors LLC bought a new stake in Eaton during the 4th quarter worth approximately $29,000. Finally, WFA of San Diego LLC purchased a new stake in shares of Eaton in the second quarter worth approximately $36,000. 82.97% of the stock is currently owned by institutional investors and hedge funds.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.

David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

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.