Eaton (NYSE:ETN) Director Gerald Johnson Acquires 746 Shares

Eaton Corporation, PLC (NYSE:ETN) Director Gerald Johnson acquired 746 shares of the firm’s stock in a transaction dated Friday, May 8th. The shares were acquired at an average price of $402.29 per share, for a total transaction of $300,108.34. Following the acquisition, the director directly owned 1,414 shares of the company’s stock, valued at approximately $568,838.06. The trade was a 111.68% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Gerald Johnson also recently made the following trade(s):

• On Monday, May 11th, Gerald Johnson acquired 215 shares of Eaton stock. The shares were acquired at an average price of $419.02 per share, for a total transaction of $90,089.30.

Eaton Price Performance

ETN stock opened at $401.61 on Wednesday. Eaton Corporation, PLC has a 52-week low of $311.90 and a 52-week high of $435.43. The stock’s fifty day simple moving average is $382.23 and its 200-day simple moving average is $361.53. The company has a quick ratio of 0.75, a current ratio of 1.19 and a debt-to-equity ratio of 0.94. The stock has a market capitalization of $155.95 billion, a price-to-earnings ratio of 39.26, a price-to-earnings-growth ratio of 2.69 and a beta of 1.24.

Eaton (NYSE:ETN) last posted its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $2.81 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.73 by $0.08. Eaton had a return on equity of 24.72% and a net margin of 13.99%.The business had revenue of $7.45 billion for the quarter, compared to analysts’ expectations of $7.14 billion. During the same quarter last year, the firm earned $2.72 earnings per share. The business’s revenue was up 16.8% on a year-over-year basis. Eaton has set its Q2 2026 guidance at 3.000-3.100 EPS and its FY 2026 guidance at 13.050-13.500 EPS. Equities research analysts expect that Eaton Corporation, PLC will post 13.32 EPS for the current year.

Eaton Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 8th will be issued a $1.10 dividend. The ex-dividend date is Friday, May 8th. This represents a $4.40 dividend on an annualized basis and a yield of 1.1%. Eaton’s dividend payout ratio (DPR) is presently 43.01%.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Brighton Jones LLC increased its position in shares of Eaton by 1.4% during the fourth quarter. Brighton Jones LLC now owns 3,341 shares of the industrial products company’s stock worth $1,109,000 after acquiring an additional 45 shares during the last quarter. Revolve Wealth Partners LLC increased its position in shares of Eaton by 17.5% during the fourth quarter. Revolve Wealth Partners LLC now owns 913 shares of the industrial products company’s stock worth $303,000 after acquiring an additional 136 shares during the last quarter. Empowered Funds LLC increased its position in shares of Eaton by 5.6% during the first quarter. Empowered Funds LLC now owns 9,402 shares of the industrial products company’s stock worth $2,556,000 after acquiring an additional 496 shares during the last quarter. Vista Capital Partners Inc. purchased a new stake in shares of Eaton during the second quarter worth about $259,000. Finally, Tandem Wealth Advisors LLC increased its position in shares of Eaton by 70.1% during the second quarter. Tandem Wealth Advisors LLC now owns 2,216 shares of the industrial products company’s stock worth $791,000 after acquiring an additional 913 shares during the last quarter. 82.97% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts recently weighed in on ETN shares. Sanford C. Bernstein reiterated an “outperform” rating on shares of Eaton in a report on Tuesday, January 27th. JPMorgan Chase & Co. lifted their target price on Eaton from $406.00 to $445.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Barclays lifted their target price on Eaton from $340.00 to $392.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. Royal Bank Of Canada lifted their target price on Eaton from $457.00 to $484.00 and gave the company an “outperform” rating in a report on Wednesday, May 6th. Finally, Citigroup lifted their target price on Eaton from $464.00 to $471.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, Eaton presently has a consensus rating of “Moderate Buy” and an average target price of $420.95.

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.