Burling Wealth Partners LLC Increases Stock Position in Eaton Corporation, PLC $ETN

Burling Wealth Partners LLC increased its stake in shares of Eaton Corporation, PLC (NYSE:ETN) by 63.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 11,296 shares of the industrial products company’s stock after purchasing an additional 4,366 shares during the quarter. Burling Wealth Partners LLC’s holdings in Eaton were worth $3,598,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Eagle Bay Advisors LLC purchased a new position in shares of Eaton in the fourth quarter valued at $29,000. WFA of San Diego LLC purchased a new position in shares of Eaton in the second quarter valued at $36,000. Imprint Wealth LLC purchased a new position in shares of Eaton in the third quarter valued at $39,000. Redmont Wealth Advisors LLC purchased a new position in shares of Eaton in the third quarter valued at $40,000. Finally, Ares Financial Consulting LLC purchased a new position in shares of Eaton in the fourth quarter valued at $42,000. 82.97% of the stock is owned by institutional investors and hedge funds.

Eaton Stock Up 2.2%

ETN opened at $379.91 on Thursday. The company has a debt-to-equity ratio of 0.94, a current ratio of 1.19 and a quick ratio of 0.75. The stock has a market capitalization of $147.52 billion, a price-to-earnings ratio of 37.14, a price-to-earnings-growth ratio of 2.39 and a beta of 1.24. The business has a 50-day moving average of $386.29 and a two-hundred day moving average of $362.04. Eaton Corporation, PLC has a 12 month low of $311.90 and a 12 month high of $435.43.

Eaton (NYSE:ETN) last posted its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $2.81 EPS for the quarter, beating the consensus estimate of $2.73 by $0.08. The company had revenue of $7.45 billion during the quarter, compared to analysts’ expectations of $7.14 billion. Eaton had a return on equity of 24.72% and a net margin of 13.99%.The firm’s revenue was up 16.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.72 EPS. 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, research analysts expect that Eaton Corporation, PLC will post 13.33 earnings per share for the current year.

Eaton Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 29th. Shareholders 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 annualized dividend and a yield of 1.2%. Eaton’s payout ratio is 43.01%.

Insiders Place Their Bets

In other news, insider Peter Denk sold 2,000 shares of the business’s stock in a transaction dated Wednesday, May 6th. The stock was sold at an average price of $417.94, for a total transaction of $835,880.00. Following the completion of the sale, the insider owned 7,102 shares in the company, valued at approximately $2,968,209.88. The trade was a 21.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Gerald Johnson bought 215 shares of the firm’s stock in a transaction dated Monday, May 11th. The shares were purchased at an average price of $419.02 per share, with a total value of $90,089.30. Following the acquisition, the director directly owned 1,629 shares in the company, valued at approximately $682,583.58. This trade represents a 15.21% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders have sold 20,861 shares of company stock worth $8,550,498 over the last 90 days. Corporate insiders own 0.10% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently weighed in on ETN shares. Sanford C. Bernstein restated an “outperform” rating on shares of Eaton in a research report on Tuesday, January 27th. KeyCorp raised their price target on Eaton from $420.00 to $480.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. Barclays lifted their price objective on Eaton from $340.00 to $392.00 and gave the stock an “equal weight” rating in a research report on Wednesday, May 6th. BMO Capital Markets initiated coverage on Eaton in a research report on Friday, March 27th. They set an “outperform” rating and a $428.00 price objective for the company. Finally, JPMorgan Chase & Co. lifted their price objective on Eaton from $406.00 to $445.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $420.95.

Key Eaton News

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Investor commentary highlighted Eaton as a beneficiary of AI’s “grid-to-chip” power needs, pointing to record first-quarter sales, strong organic growth, and record Electrical Americas revenue tied to electrification demand. Why Eaton (ETN) Is Benefiting From AI’s Grid-to-Chip Power Demands
• Positive Sentiment: One research update nudged Eaton’s Q4 2026 EPS estimate higher, which reinforces expectations for continued earnings strength.
• Positive Sentiment: Another item described TCW’s concentrated growth fund maintaining conviction in Eaton, suggesting institutional investors still see upside in the stock. Here’s Why TCW Concentrated Large Cap Growth Fund Maintains Conviction in Eaton Corporation plc (ETN)
• Neutral Sentiment: Other analyst notes were mostly small adjustments, including minor cuts to some near-term and longer-term EPS estimates, indicating a broadly stable but not uniformly bullish outlook.
• Neutral Sentiment: A Globe and Mail roundup of analyst views on industrial-goods companies included Eaton, but did not add a major new catalyst. Analysts Offer Insights on Industrial Goods Companies: ALS (OtherCPBLF), Electro Optic Systems Holdings Limited (OtherEOPSF) and Eaton (ETN)

Eaton 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.