Sternadt Paulo Ruiz Sells 10,707 Shares of Eaton (NYSE:ETN) Stock

Eaton Corporation, PLC (NYSE:ETN) insider Sternadt Paulo Ruiz sold 10,707 shares of the stock in a transaction 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 sale, the insider owned 27,729 shares of the company’s stock, valued at approximately $10,821,519.54. This represents a 27.86% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

Eaton Price Performance

Shares of NYSE:ETN opened at $389.22 on Friday. Eaton Corporation, PLC has a one year low of $231.85 and a one year high of $408.45. The stock has a market capitalization of $151.17 billion, a price-to-earnings ratio of 37.21, a PEG ratio of 2.68 and a beta of 1.20. The company has a 50-day simple moving average of $340.04 and a 200-day simple moving average of $354.38. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.81 and a current ratio of 1.32.

Eaton (NYSE:ETN) last issued 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 firm had revenue of $7.06 billion for the quarter, compared to analysts’ expectations of $7.15 billion. During the same quarter in the previous year, the firm posted $2.83 EPS. The firm’s revenue for the quarter was up 13.1% on a year-over-year basis. 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, analysts predict that Eaton Corporation, PLC will post 12.02 EPS for the current year.

Institutional Investors Weigh In On Eaton

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

Analysts Set New Price Targets

Several equities analysts have issued reports on ETN shares. Weiss Ratings reissued a “buy (b-)” rating on shares of Eaton in a research note on Wednesday, January 21st. Wells Fargo & Company boosted their price target on shares of Eaton from $340.00 to $370.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 4th. Barclays cut their price target on shares of Eaton from $362.00 to $350.00 and set an “equal weight” rating for the company in a report on Wednesday, January 7th. Morgan Stanley reaffirmed an “overweight” rating and issued a $425.00 price objective on shares of Eaton in a report on Wednesday, February 4th. Finally, HSBC raised Eaton from a “hold” rating to a “buy” rating and set a $400.00 target price for the company in a research note on Friday, January 16th. Two analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus 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.