Regent Peak Wealth Advisors LLC Invests $618,000 in Eaton Corporation, PLC $ETN

Regent Peak Wealth Advisors LLC acquired a new position in shares of Eaton Corporation, PLC (NYSE:ETN) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,650 shares of the industrial products company’s stock, valued at approximately $618,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Lyell Wealth Management LP raised its stake in Eaton by 3.2% during the second quarter. Lyell Wealth Management LP now owns 975 shares of the industrial products company’s stock worth $348,000 after acquiring an additional 30 shares in the last quarter. Beaumont Financial Advisors LLC increased its position in Eaton by 2.6% during the 2nd quarter. Beaumont Financial Advisors LLC now owns 1,307 shares of the industrial products company’s stock worth $467,000 after purchasing an additional 33 shares in the last quarter. Dakota Community Bank & Trust NA lifted its stake in Eaton by 6.3% in the 3rd quarter. Dakota Community Bank & Trust NA now owns 594 shares of the industrial products company’s stock valued at $222,000 after purchasing an additional 35 shares during the last quarter. SOA Wealth Advisors LLC. boosted its position in Eaton by 36.0% in the second quarter. SOA Wealth Advisors LLC. now owns 136 shares of the industrial products company’s stock valued at $49,000 after buying an additional 36 shares in the last quarter. Finally, Sepio Capital LP grew its stake in shares of Eaton by 2.5% during the first quarter. Sepio Capital LP now owns 1,636 shares of the industrial products company’s stock worth $445,000 after buying an additional 40 shares during the last quarter. Institutional investors own 82.97% of the company’s stock.

Eaton Trading Up 0.3%

ETN opened at $323.69 on Friday. Eaton Corporation, PLC has a fifty-two week low of $231.85 and a fifty-two week high of $399.56. The firm has a market capitalization of $125.72 billion, a PE ratio of 32.37, a P/E/G ratio of 2.34 and a beta of 1.17. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.28 and a quick ratio of 0.79. The company’s 50-day moving average is $351.25 and its 200 day moving average is $357.22.

Eaton (NYSE:ETN) last released its quarterly earnings results on Tuesday, November 4th. The industrial products company reported $3.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.06 by $0.01. Eaton had a return on equity of 24.36% and a net margin of 14.74%.The business had revenue of $6.99 billion during the quarter, compared to the consensus estimate of $7.09 billion. Eaton has set its Q4 2025 guidance at 3.230-3.430 EPS and its FY 2025 guidance at 11.970-12.170 EPS. As a group, research analysts predict that Eaton Corporation, PLC will post 12.02 earnings per share for the current fiscal year.

Eaton Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, November 21st. Investors of record on Thursday, November 6th were issued a $1.04 dividend. This represents a $4.16 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend was Thursday, November 6th. Eaton’s payout ratio is 41.60%.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on ETN shares. Wolfe Research raised Eaton from a “peer perform” rating to an “outperform” rating and set a $413.00 price objective on the stock in a report on Tuesday, December 9th. Melius Research upgraded shares of Eaton from a “hold” rating to a “buy” rating and increased their price objective for the stock from $412.00 to $495.00 in a research report on Monday, September 15th. Barclays lifted their target price on Eaton from $344.00 to $362.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 5th. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Eaton in a research note on Wednesday, October 8th. Finally, Daiwa Capital Markets initiated coverage on shares of Eaton in a research report on Thursday, September 11th. They set an “outperform” rating and a $390.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, Eaton presently has an average rating of “Moderate Buy” and an average target price of $394.62.

Insiders Place Their Bets

In related news, Director Gerald Johnson bought 200 shares of the company’s stock in a transaction on Tuesday, November 18th. The shares were purchased at an average cost of $339.89 per share, for a total transaction of $67,978.00. Following the completion of the purchase, the director directly owned 400 shares in the company, valued at $135,956. The trade was a 100.00% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Insiders have bought a total of 500 shares of company stock worth $174,389 in the last three months. 0.30% of the stock is currently owned by corporate insiders.

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.