Eaton Corporation, PLC $ETN Shares Purchased by Woodley Farra Manion Portfolio Management Inc.

Woodley Farra Manion Portfolio Management Inc. raised its stake in shares of Eaton Corporation, PLC (NYSE:ETN) by 17.7% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 18,776 shares of the industrial products company’s stock after purchasing an additional 2,824 shares during the period. Woodley Farra Manion Portfolio Management Inc.’s holdings in Eaton were worth $8,068,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Assenagon Asset Management S.A. raised its position in shares of Eaton by 87.1% in the 3rd quarter. Assenagon Asset Management S.A. now owns 282,750 shares of the industrial products company’s stock worth $121,501,000 after buying an additional 131,624 shares during the period. Sustainable Growth Advisers LP purchased a new stake in Eaton during the third quarter valued at about $85,752,000. Wedmont Private Capital grew its position in Eaton by 69.6% during the third quarter. Wedmont Private Capital now owns 11,413 shares of the industrial products company’s stock valued at $4,845,000 after acquiring an additional 4,684 shares during the period. Envestnet Portfolio Solutions Inc. grew its position in Eaton by 5.5% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 69,297 shares of the industrial products company’s stock valued at $29,529,000 after acquiring an additional 3,638 shares during the period. Finally, IFP Advisors Inc increased its stake in Eaton by 48.2% during the third quarter. IFP Advisors Inc now owns 16,026 shares of the industrial products company’s stock worth $6,887,000 after acquiring an additional 5,212 shares during the last quarter. Hedge funds and other institutional investors own 82.97% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Deutsche Bank Aktiengesellschaft raised their price objective on Eaton from $493.00 to $521.00 and gave the stock a “buy” rating in a report on Wednesday, September 30th. BMO Capital Markets boosted their target price on Eaton from $477.00 to $487.00 and gave the stock an “outperform” rating in a report on Monday, August 3rd. HSBC boosted their target price on Eaton from $440.00 to $460.00 and gave the stock a “buy” rating in a report on Monday, August 3rd. UBS Group raised shares of 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 report on Monday, September 7th. Finally, Citigroup raised their price target on shares of Eaton from $485.00 to $498.00 and gave the company a “buy” rating in a report on Monday, October 12th. One investment analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Eaton has an average rating of “Moderate Buy” and an average price target of $482.09.

Key Stories Impacting Eaton

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Recent coverage says record third-quarter sales led Eaton to raise its 2026 outlook again. The supplied results also show earnings and revenue ahead of consensus, reinforcing the company’s operating momentum. Eaton stock: Record Q3 sales lift 2026 outlook again
• Positive Sentiment: Hyperscalers are projected to spend $1.3 trillion on capital investment in 2027. Eaton could benefit from demand for the electrical infrastructure needed to build and power data centers, although the projection does not guarantee specific orders for Eaton. Hyperscalers Are Projected to Spend $1.3 Trillion on Capex in 2027
• Positive Sentiment: RBC reportedly sees 58% upside, offering a bullish counterpoint to recent weakness. Eaton was selected to supply hydraulic and fuel-system technologies for Dassault Aviation’s Falcon 10X, adding an aerospace program win, though financial terms were not reported. RBC Sees 58% Upside From Here Eaton selected for Dassault Falcon 10X
• Negative Sentiment: Eaton has fallen sharply over the past month as concerns about Meta’s spending plans and political developments weighed on AI power-equipment stocks broadly. That sector-wide pressure may be offsetting Eaton’s strong results and longer-term data-center opportunity. Eaton Lost 23% in a Month
• Negative Sentiment: Raymond James lowered its price target to $485 from $525. The cut signals a more cautious view, even though the revised target remains above the share price referenced in the supplied background. Raymond James Adjusts Price Target on Eaton

Eaton Price Performance

Shares of ETN stock opened at $354.34 on Wednesday. The company has a market capitalization of $137.66 billion, a PE ratio of 35.40, a price-to-earnings-growth ratio of 2.26 and a beta of 1.15. The firm has a fifty day simple moving average of $403.30 and a 200-day simple moving average of $396.80. The company has a current ratio of 1.23, a quick ratio of 0.78 and a debt-to-equity ratio of 0.85. Eaton Corporation, PLC has a twelve month low of $311.92 and a twelve month high of $478.00.

Eaton (NYSE:ETN) last released its quarterly earnings results on Tuesday, November 3rd. The industrial products company reported $3.68 earnings per share for the quarter, beating analysts’ consensus estimates of $3.54 by $0.14. Eaton had a net margin of 12.18% and a return on equity of 25.09%. The business had revenue of $8.95 billion during the quarter, compared to analyst estimates of $8.53 billion. During the same period last year, the business earned $3.07 EPS. The business’s revenue was up 28.0% on a year-over-year basis. Equities research analysts anticipate that Eaton Corporation, PLC will post 13.78 earnings per share for the current fiscal year.

Eaton Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 27th. Shareholders of record on Tuesday, November 10th will be given a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date of this dividend is Tuesday, November 10th. Eaton’s dividend payout ratio is presently 43.96%.

Insider Buying and Selling at Eaton

In other Eaton news, Director Gerald Johnson bought 130 shares of the stock in a transaction dated Thursday, August 13th. The stock was bought at an average cost of $455.90 per share, for a total transaction of $59,267.00. Following the completion of the purchase, the director directly owned 1,829 shares of the company’s stock, valued at approximately $833,841.10. The trade was a 7.65% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 0.10% of the stock is owned by corporate insiders.

About Eaton

Eaton is a global power management company that designs and manufactures products and services intended to help customers manage electrical, hydraulic and mechanical power. Founded in 1911, the company serves customers across a range of industries, including utilities, commercial buildings, data centers, aerospace and transportation. Its offerings include electrical distribution and circuit protection equipment, power quality and backup systems, and power management software and services. Eaton also makes aerospace components and systems, as well as products for vehicle powertrains and related applications.