Eaton Corporation, PLC $ETN Shares Sold by Stableford Capital II LLC

Stableford Capital II LLC cut its holdings in Eaton Corporation, PLC (NYSE:ETN) by 54.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 2,047 shares of the industrial products company’s stock after selling 2,405 shares during the quarter. Stableford Capital II LLC’s holdings in Eaton were worth $880,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Mn Services Vermogensbeheer B.V. grew its stake in shares of Eaton by 1.9% in the 3rd quarter. Mn Services Vermogensbeheer B.V. now owns 115,137 shares of the industrial products company’s stock valued at $49,476,000 after purchasing an additional 2,100 shares during the last quarter. Diversified Management Inc. grew its position in Eaton by 13.5% in the 3rd quarter. Diversified Management Inc. now owns 671 shares of the industrial products company’s stock valued at $288,000 after buying an additional 80 shares during the last quarter. First Heartland Consultants Inc. purchased a new position in Eaton in the 3rd quarter valued at $205,000. GAMMA Investing LLC increased its stake in Eaton by 8.3% in the 3rd quarter. GAMMA Investing LLC now owns 18,079 shares of the industrial products company’s stock valued at $7,769,000 after buying an additional 1,384 shares during the period. Finally, Horrell Capital Management Inc. purchased a new position in Eaton during the 3rd quarter worth $112,000. Institutional investors and hedge funds own 82.97% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on ETN. Wall Street Zen downgraded shares of Eaton from a “buy” rating to a “hold” rating in a report on Sunday, August 16th. Weiss Ratings upgraded shares of Eaton from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, August 28th. Royal Bank Of Canada boosted their target price on Eaton from $484.00 to $512.00 and gave the stock an “outperform” rating in a research report on Monday, August 3rd. UBS Group raised Eaton from a “neutral” rating to a “buy” rating and increased their target price for the stock from $450.00 to $515.00 in a research note on Monday, September 7th. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of Eaton in a research note on Monday, August 3rd. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Eaton presently has a consensus rating of “Buy” and a consensus target price of $456.50.

Eaton Trading Down 1.7%

Shares of ETN opened at $423.99 on Friday. Eaton Corporation, PLC has a twelve month low of $311.92 and a twelve month high of $478.00. The company has a current ratio of 1.24, a quick ratio of 0.79 and a debt-to-equity ratio of 0.91. The firm has a market capitalization of $164.68 billion, a P/E ratio of 43.13, a PEG ratio of 2.50 and a beta of 1.13. The firm’s 50-day moving average is $426.18 and its two-hundred day moving average is $408.47.

Eaton (NYSE:ETN) last released its quarterly earnings results on Friday, July 31st. The industrial products company reported $3.15 earnings per share for the quarter, topping analysts’ consensus estimates of $3.08 by $0.07. Eaton had a return on equity of 24.58% and a net margin of 12.75%.The business had revenue of $8.53 billion for the quarter, compared to analysts’ expectations of $8.16 billion. During the same quarter in the prior year, the firm posted $2.95 EPS. The company’s revenue was up 21.4% compared to the same quarter last year. Eaton has set its Q3 2026 guidance at 3.460-3.560 EPS and its FY 2026 guidance at 13.400-13.600 EPS. On average, research analysts predict that Eaton Corporation, PLC will post 13.57 earnings per share for the current fiscal year.

Eaton Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 7th were given a $1.10 dividend. The ex-dividend date was Friday, August 7th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.0%. Eaton’s dividend payout ratio (DPR) is currently 44.76%.

Insider Transactions at Eaton

In related news, insider Adam Wadecki sold 525 shares of the business’s stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $440.54, for a total value of $231,283.50. Following the sale, the insider directly owned 1,054 shares in the company, valued at $464,329.16. The trade was a 33.25% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Heath Monesmith sold 18,036 shares of the stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $458.04, for a total transaction of $8,261,209.44. Following the completion of the sale, the insider directly owned 50,368 shares in the company, valued at approximately $23,070,558.72. The trade was a 26.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.10% of the company’s stock.

Eaton Profile

Eaton Corporation plc (NYSE: ETN) is a global power management company that helps customers manage electrical, hydraulic and mechanical power more safely, efficiently and reliably. Its products and systems serve commercial, industrial, utility, data center, residential, aerospace, vehicle and mobility applications.

The company’s electrical businesses provide circuit protection and control equipment, power distribution systems, connectivity solutions, backup power and other technologies used to support critical infrastructure and improve energy efficiency.