OLD Second National Bank of Aurora increased its position in shares of Eaton Co., PLC (NYSE:ETN) by 1.2% during the first quarter, Holdings Channel reports. The institutional investor owned 28,926 shares of the industrial products company’s stock after buying an additional 330 shares during the period. OLD Second National Bank of Aurora’s holdings in Eaton Co., PLC were worth $2,145,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in ETN. American International Group Inc. increased its stake in shares of Eaton Co., PLC by 4.9% in the third quarter. American International Group Inc. now owns 7,714,564 shares of the industrial products company’s stock worth $506,924,000 after buying an additional 362,526 shares in the last quarter. Lazard Asset Management LLC increased its stake in shares of Eaton Co., PLC by 4.5% in the third quarter. Lazard Asset Management LLC now owns 5,094,649 shares of the industrial products company’s stock worth $334,769,000 after buying an additional 217,175 shares in the last quarter. Morgan Stanley increased its stake in shares of Eaton Co., PLC by 15.5% in the third quarter. Morgan Stanley now owns 4,524,061 shares of the industrial products company’s stock worth $297,278,000 after buying an additional 606,917 shares in the last quarter. Schroder Investment Management Group increased its stake in shares of Eaton Co., PLC by 119.2% in the third quarter. Schroder Investment Management Group now owns 3,072,036 shares of the industrial products company’s stock worth $201,864,000 after buying an additional 1,670,771 shares in the last quarter. Finally, Epoch Investment Partners Inc. increased its stake in shares of Eaton Co., PLC by 2.2% in the third quarter. Epoch Investment Partners Inc. now owns 2,301,731 shares of the industrial products company’s stock worth $151,247,000 after buying an additional 49,745 shares in the last quarter. 73.55% of the stock is currently owned by institutional investors and hedge funds.

Institutional Ownership by Quarter for Eaton Co., PLC (NYSE:ETN)

Shares of Eaton Co., PLC (NYSE:ETN) traded up 0.13% on Tuesday, hitting $74.38. 1,057,202 shares of the stock traded hands. Eaton Co., PLC has a 52-week low of $54.30 and a 52-week high of $76.39. The firm has a 50 day moving average price of $73.25 and a 200 day moving average price of $68.74. The firm has a market cap of $33.45 billion, a PE ratio of 17.67 and a beta of 1.32.

Eaton Co., PLC (NYSE:ETN) last posted its quarterly earnings results on Thursday, February 2nd. The industrial products company reported $1.12 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.10 by $0.02. Eaton Co., PLC had a return on equity of 12.56% and a net margin of 9.73%. The business earned $4.90 billion during the quarter, compared to the consensus estimate of $4.91 billion. During the same period in the prior year, the company posted $1.17 EPS. The firm’s revenue for the quarter was down 3.8% compared to the same quarter last year. On average, equities analysts forecast that Eaton Co., PLC will post $4.45 EPS for the current year.

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ETN has been the topic of a number of recent analyst reports. Credit Suisse Group AG reaffirmed a “buy” rating on shares of Eaton Co., PLC in a research note on Sunday, February 5th. Zacks Investment Research raised shares of Eaton Co., PLC from a “sell” rating to a “hold” rating in a research note on Tuesday, December 20th. Vertical Research downgraded shares of Eaton Co., PLC from a “buy” rating to a “hold” rating in a research note on Tuesday, January 3rd. Barclays PLC reaffirmed a “hold” rating and issued a $74.00 target price on shares of Eaton Co., PLC in a research note on Friday, February 3rd. Finally, CLSA reaffirmed an “underperform” rating on shares of Eaton Co., PLC in a research note on Friday, February 3rd. One research analyst has rated the stock with a sell rating, ten have assigned a hold rating and eight have issued a buy rating to the stock. Eaton Co., PLC presently has an average rating of “Hold” and a consensus price target of $73.93.

In other Eaton Co., PLC news, SVP Thomas E. Moran sold 3,470 shares of the company’s stock in a transaction that occurred on Tuesday, March 14th. The stock was sold at an average price of $72.13, for a total value of $250,291.10. Following the completion of the transaction, the senior vice president now directly owns 10,668 shares in the company, valued at approximately $769,482.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Deborah L. Mccoy sold 5,000 shares of the company’s stock in a transaction that occurred on Thursday, March 2nd. The stock was sold at an average price of $72.19, for a total value of $360,950.00. Following the completion of the transaction, the director now owns 39,936 shares of the company’s stock, valued at $2,882,979.84. The disclosure for this sale can be found here. Corporate insiders own 0.80% of the company’s stock.

About Eaton Co., PLC

Eaton Corporation (Eaton) is a diversified power management company. It is engaged in the manufacturing of electrical components and systems for power quality, distribution and control; hydraulics components, systems and services for industrial and mobile equipment; aerospace fuel, hydraulics and pneumatic systems for commercial and military use, and truck and automotive drivetrain and powertrain systems for performance, fuel economy and safety.

5 Day Chart for NYSE:ETN

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