Rep. David Taylor Buys Eaton Corporation, PLC (NYSE:ETN) Shares

Representative David Taylor (R-Ohio) recently bought shares of Eaton Corporation, PLC (NYSE:ETN). In a filing disclosed on February 02nd, the Representative disclosed that they had bought between $1,001 and $15,000 in Eaton stock on January 16th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) – DAVE” account.

Representative David Taylor also recently made the following trade(s):

  • Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 1/29/2026.
  • Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 1/29/2026.
  • Sold $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 1/29/2026.
  • Sold $1,001 – $15,000 in shares of Vertex Pharmaceuticals (NASDAQ:VRTX) on 1/29/2026.
  • Purchased $1,001 – $15,000 in shares of Medpace (NASDAQ:MEDP) on 1/29/2026.
  • Purchased $1,001 – $15,000 in shares of Salesforce (NYSE:CRM) on 1/29/2026.
  • Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 1/29/2026.
  • Sold $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 1/29/2026.
  • Purchased $1,001 – $15,000 in shares of Installed Building Products (NYSE:IBP) on 1/29/2026.
  • Purchased $1,001 – $15,000 in shares of Prologis (NYSE:PLD) on 1/29/2026.

Eaton Price Performance

Shares of NYSE ETN opened at $362.41 on Wednesday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.79 and a current ratio of 1.28. The company has a market capitalization of $140.76 billion, a price-to-earnings ratio of 36.24, a P/E/G ratio of 2.37 and a beta of 1.20. The company has a 50 day simple moving average of $333.90 and a two-hundred day simple moving average of $354.51. Eaton Corporation, PLC has a fifty-two week low of $231.85 and a fifty-two week high of $399.56.

Eaton (NYSE:ETNGet Free Report) last announced its quarterly earnings data on Tuesday, February 3rd. The industrial products company reported $3.33 EPS for the quarter, meeting the consensus estimate of $3.33. The company had revenue of $7.06 billion for the quarter, compared to the consensus estimate of $7.15 billion. Eaton had a net margin of 14.74% and a return on equity of 24.36%. Eaton’s revenue for the quarter was up 13.1% on a year-over-year basis. During the same period in the prior year, the firm posted $2.83 EPS. Eaton has set its Q1 2026 guidance at 2.650-2.850 EPS and its FY 2026 guidance at 13.000-13.500 EPS. Analysts expect that Eaton Corporation, PLC will post 12.02 EPS for the current fiscal year.

Insider Transactions at Eaton

In other news, Director Gerald Johnson purchased 200 shares of the stock in a transaction that occurred on Tuesday, November 18th. The stock was purchased at an average price of $339.89 per share, for a total transaction of $67,978.00. Following the completion of the acquisition, the director owned 400 shares of the company’s stock, valued at approximately $135,956. This trade represents a 100.00% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. 0.30% of the stock is currently owned by company insiders.

Key Eaton News

Here are the key news stories impacting Eaton this week:

Analysts Set New Price Targets

A number of research firms have issued reports on ETN. Wells Fargo & Company cut their price target on Eaton from $395.00 to $340.00 and set an “equal weight” rating for the company in a research note on Thursday, December 18th. JPMorgan Chase & Co. decreased their target price on Eaton from $440.00 to $406.00 and set an “overweight” rating on the stock in a research note on Friday, January 16th. Mizuho upped their price target on Eaton from $385.00 to $425.00 and gave the stock an “outperform” rating in a research note on Friday, October 17th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Eaton in a research report on Tuesday, January 27th. Finally, Royal Bank Of Canada set a $399.00 target price on shares of Eaton in a research report on Thursday, January 15th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $384.30.

Read Our Latest Research Report on Eaton

Institutional Trading of Eaton

Several institutional investors have recently added to or reduced their stakes in ETN. Eagle Bay Advisors LLC bought a new stake in shares of Eaton during the 4th quarter worth approximately $29,000. WFA of San Diego LLC bought a new stake in shares of Eaton during the second quarter worth $36,000. Imprint Wealth LLC purchased a new stake in shares of Eaton during the third quarter valued at $39,000. Redmont Wealth Advisors LLC bought a new position in shares of Eaton in the third quarter worth about $40,000. Finally, Ares Financial Consulting LLC purchased a new position in Eaton in the 4th quarter worth about $42,000. Institutional investors own 82.97% of the company’s stock.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.

David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

About Eaton

(Get Free Report)

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.

Further Reading

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