Boston Trust Walden Corp grew its position in shares of Eaton Corporation, PLC (NYSE:ETN – Free Report) by 1,560.4% in the 1st quarter, HoldingsChannel.com reports. The fund owned 58,793 shares of the industrial products company’s stock after purchasing an additional 55,252 shares during the quarter. Boston Trust Walden Corp’s holdings in Eaton were worth $21,028,000 as of its most recent filing with the SEC.
Several other institutional investors have also modified their holdings of the company. Brighton Jones LLC lifted its position in Eaton by 1.4% in the 4th quarter. Brighton Jones LLC now owns 3,341 shares of the industrial products company’s stock valued at $1,109,000 after purchasing an additional 45 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in shares of Eaton by 17.5% in the fourth quarter. Revolve Wealth Partners LLC now owns 913 shares of the industrial products company’s stock valued at $303,000 after purchasing an additional 136 shares during the period. Empowered Funds LLC increased its stake in shares of Eaton by 5.6% in the first quarter. Empowered Funds LLC now owns 9,402 shares of the industrial products company’s stock valued at $2,556,000 after purchasing an additional 496 shares during the period. Vista Capital Partners Inc. bought a new stake in shares of Eaton during the second quarter valued at approximately $259,000. Finally, Tandem Wealth Advisors LLC boosted 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 buying an additional 913 shares during the period. Institutional investors own 82.97% of the company’s stock.
Key Eaton News
Here are the key news stories impacting Eaton this week:
- Positive Sentiment: BMO Capital initiated or reiterated a Buy rating on Eaton, reinforcing the bullish view that the company’s electrification, power management, and data-center exposure can support earnings growth. Eaton (ETN) Receives a Buy from BMO Capital
- Positive Sentiment: Eaton announced a strategic partnership with VoltServer to advance next-generation power distribution, which may strengthen its position in modern electrical infrastructure markets. VoltServer and Eaton Form Strategic Partnership to Advance Next-Generation Power Distribution
- Positive Sentiment: New sustainability-report details highlighted a 40% emissions reduction and $2.1 billion of R&D investment, underscoring operational discipline and long-term growth investment. Eaton Accelerates Sustainability Impact with 40% Emissions Reduction and $2.1B in R&D Investment
- Neutral Sentiment: Analysts and market-news services continue to spotlight Eaton as a heavily watched industrial stock, but these pieces were largely informational rather than clearly price-changing. Eaton Corporation, PLC (ETN) Is a Trending Stock: Facts to Know Before Betting on It
- Neutral Sentiment: Recent valuation-focused articles comparing ETN with peers suggest investors are still debating whether Eaton is expensive or fairly valued, which may cap enthusiasm in the near term. Eaton (ETN) Stock Looks Above Fair Value On Cash Flow Alone
- Negative Sentiment: Eaton shares fell earlier in the week and underperformed peers, suggesting some investors were taking profits after a strong run. Eaton (ETN) Stock Moves -3.34%: What You Should Know
Eaton Price Performance
Eaton (NYSE:ETN – Get Free Report) last released its earnings results on Tuesday, May 5th. The industrial products company reported $2.81 earnings per share for the quarter, topping the consensus estimate of $2.73 by $0.08. The business had revenue of $7.45 billion for the quarter, compared to the consensus estimate of $7.14 billion. Eaton had a net margin of 13.99% and a return on equity of 24.72%. The firm’s quarterly revenue was up 16.8% compared to the same quarter last year. During the same period last year, the firm posted $2.72 earnings per share. Eaton has set its Q2 2026 guidance at 3.000-3.100 EPS and its FY 2026 guidance at 13.050-13.500 EPS. On average, analysts predict that Eaton Corporation, PLC will post 13.33 EPS for the current year.
Eaton Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Friday, May 29th. Stockholders of record on Friday, May 8th were issued a $1.10 dividend. The ex-dividend date was Friday, May 8th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.1%. Eaton’s dividend payout ratio is presently 43.01%.
Insider Activity
In related news, insider Antonio Galvao sold 494 shares of the company’s stock in a transaction on Wednesday, May 13th. The stock was sold at an average price of $405.86, for a total transaction of $200,494.84. Following the transaction, the insider directly owned 9,175 shares of the company’s stock, valued at approximately $3,723,765.50. The trade was a 5.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Heath B. Monesmith sold 18,367 shares of the firm’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $409.11, for a total value of $7,514,123.37. Following the sale, the insider owned 49,822 shares of the company’s stock, valued at $20,382,678.42. The trade was a 26.94% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 21,028 shares of company stock valued at $8,614,793 in the last ninety days. Corporate insiders own 0.10% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities analysts recently issued reports on ETN shares. BMO Capital Markets initiated coverage on Eaton in a report on Friday, March 27th. They issued an “outperform” rating and a $428.00 price objective for the company. Wells Fargo & Company raised their price target on Eaton from $350.00 to $425.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. Barclays lifted their price objective on shares of Eaton from $340.00 to $392.00 and gave the company an “equal weight” rating in a research note on Wednesday, May 6th. KeyCorp upped their price objective on shares of Eaton from $420.00 to $480.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. Finally, Erste Group Bank assumed coverage on shares of Eaton in a research report on Tuesday, May 5th. They issued a “buy” rating for the company. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $420.95.
Read Our Latest Report on Eaton
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.
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