Clal Insurance Enterprises Holdings Ltd Grows Stock Holdings in Eaton Corporation, PLC $ETN

Clal Insurance Enterprises Holdings Ltd raised its position in shares of Eaton Corporation, PLC (NYSE:ETN) by 239,384.8% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 158,060 shares of the industrial products company’s stock after buying an additional 157,994 shares during the period. Clal Insurance Enterprises Holdings Ltd’s holdings in Eaton were worth $50,344,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of ETN. PFA Pension Forsikringsaktieselskab purchased a new position in shares of Eaton during the fourth quarter worth $97,989,000. SG Americas Securities LLC boosted its holdings in Eaton by 438.9% in the fourth quarter. SG Americas Securities LLC now owns 364,877 shares of the industrial products company’s stock valued at $116,217,000 after purchasing an additional 297,166 shares during the period. Fayez Sarofim & Co boosted its holdings in Eaton by 3.4% in the third quarter. Fayez Sarofim & Co now owns 1,256,177 shares of the industrial products company’s stock valued at $474,444,000 after purchasing an additional 40,792 shares during the period. Norris Perne & French LLP MI purchased a new position in Eaton in the fourth quarter valued at $7,893,000. Finally, Bartlett & CO. Wealth Management LLC boosted its holdings in Eaton by 9.2% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 238,030 shares of the industrial products company’s stock valued at $75,815,000 after purchasing an additional 19,958 shares during the period. 82.97% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Eaton

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Analysts and market commentary called the deal “transformative” for Dana and potentially value-enhancing for Eaton, with the combined business expected to generate about $250 million in run-rate synergies within 24 months. Dana’s Merger With Eaton Mobility Unit ‘Transformative,’ RBC Says
• Positive Sentiment: The transaction supports Eaton’s 2030 growth strategy by sharpening the company’s focus on electrical infrastructure and aerospace, two areas investors see as better positioned to benefit from data center and electrification demand. Eaton Advances 2030 Growth Strategy with Announcement to Combine Mobility Group with Dana Incorporated
• Positive Sentiment: Recent analyst updates remained constructive, with Erste Group Bank nudging up earnings estimates and keeping a Buy rating, reinforcing the view that Eaton’s core businesses still have solid earnings momentum. MarketBeat ETN coverage
• Neutral Sentiment: Some coverage focused on the stock’s recent volatility, noting ETN had fallen sharply over two days before the deal news drew fresh investor interest. Dana to combine with Eaton mobility unit in $5.1 billion deal

Eaton Stock Down 0.5%

Shares of NYSE ETN opened at $391.75 on Friday. The company has a market capitalization of $152.11 billion, a price-to-earnings ratio of 38.29, a price-to-earnings-growth ratio of 2.53 and a beta of 1.19. 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 business has a 50-day moving average of $400.01 and a two-hundred day moving average of $366.55. Eaton Corporation, PLC has a 1 year low of $311.92 and a 1 year high of $435.43.

Eaton (NYSE:ETN) last announced its quarterly earnings results on Tuesday, May 5th. The industrial products company reported $2.81 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.73 by $0.08. The company had revenue of $7.45 billion during the quarter, compared to the consensus estimate of $7.14 billion. Eaton had a return on equity of 24.72% and a net margin of 13.99%.Eaton’s revenue for the quarter was up 16.8% on a year-over-year basis. During the same period 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, analysts forecast that Eaton Corporation, PLC will post 13.32 earnings per share for the current fiscal year.

Eaton Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Friday, May 8th were issued a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Friday, May 8th. Eaton’s payout ratio is 43.01%.

Insider Activity at Eaton

In other Eaton news, insider Antonio Galvao sold 494 shares of Eaton stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $405.86, for a total transaction of $200,494.84. Following the completion of the sale, the insider directly owned 9,175 shares of the company’s stock, valued at $3,723,765.50. The trade was a 5.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Gerald Johnson bought 215 shares of the business’s stock in a transaction dated Monday, May 11th. The shares were purchased at an average price of $419.02 per share, for a total transaction of $90,089.30. Following the transaction, the director directly owned 1,629 shares of the company’s stock, valued at approximately $682,583.58. This represents a 15.21% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders sold 21,028 shares of company stock worth $8,614,793 over the last three months. Company insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently issued reports on ETN. Jefferies Financial Group began coverage on Eaton in a report on Monday, March 16th. They issued a “buy” rating and a $430.00 target price for the company. 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. Weiss Ratings lowered Eaton from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, May 18th. Wells Fargo & Company lifted their target price on Eaton from $350.00 to $425.00 and gave the company an “equal weight” rating in a report on Wednesday, May 6th. Finally, 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. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $420.95.

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.