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

Representative David Taylor (Republican-Ohio) recently bought shares of Eaton Corporation, PLC (NYSE:ETN). In a filing disclosed on November 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Eaton stock on November 3rd. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SCHWAB JOINT BROKERAGE #1 (HOME GROWN)” account.

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

• Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 11/5/2026.
• Sold $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 11/5/2026.
• Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 11/5/2026.
• Purchased $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 11/5/2026.
• Sold $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 11/3/2026.
• Sold $1,001 – $15,000 in shares of Kroger (NYSE:KR) on 11/3/2026.
• Purchased $1,001 – $15,000 in shares of AT&T (NYSE:T) on 11/3/2026.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 11/3/2026.
• Sold $1,001 – $15,000 in shares of Visa (NYSE:V) on 11/3/2026.
• Sold $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 11/3/2026.

Eaton Stock Performance

Shares of ETN stock traded down $6.69 on Friday, hitting $352.35. The company had a trading volume of 1,832,731 shares, compared to its average volume of 3,276,685. The company has a quick ratio of 0.78, a current ratio of 1.23 and a debt-to-equity ratio of 0.85. The firm has a market cap of $136.89 billion, a P/E ratio of 35.20, a price-to-earnings-growth ratio of 2.26 and a beta of 1.15. The company has a 50-day moving average price of $401.20 and a 200-day moving average price of $397.13. Eaton Corporation, PLC has a twelve month low of $311.92 and a twelve month high of $478.00.

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

Eaton Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 27th. Shareholders of record on Tuesday, November 10th will be issued a $1.10 dividend. This represents a $4.40 annualized dividend 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%.

Institutional Trading of Eaton

Several institutional investors and hedge funds have recently modified their holdings of ETN. Jump Financial LLC purchased a new stake in Eaton during the third quarter valued at about $3,922,000. Flputnam Investment Management Co. raised its holdings in shares of Eaton by 21.6% in the 3rd quarter. Flputnam Investment Management Co. now owns 109,022 shares of the industrial products company’s stock worth $46,848,000 after purchasing an additional 19,360 shares during the period. Perennial Investment Advisors LLC raised its holdings in shares of Eaton by 16.6% in the 3rd quarter. Perennial Investment Advisors LLC now owns 1,283 shares of the industrial products company’s stock worth $551,000 after purchasing an additional 183 shares during the period. L2 Asset Management LLC lifted its stake in shares of Eaton by 4.8% in the 3rd quarter. L2 Asset Management LLC now owns 2,321 shares of the industrial products company’s stock valued at $997,000 after purchasing an additional 106 shares in the last quarter. Finally, Haverford Trust Co lifted its stake in shares of Eaton by 0.8% in the 3rd quarter. Haverford Trust Co now owns 391,984 shares of the industrial products company’s stock valued at $168,440,000 after purchasing an additional 3,271 shares in the last quarter. Hedge funds and other institutional investors own 82.97% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on ETN. BNP Paribas Exane lifted their price target on Eaton from $490.00 to $500.00 and gave the stock an “outperform” rating in a report on Monday, August 3rd. Mizuho set a $485.00 price objective on Eaton in a research report on Wednesday, November 4th. Royal Bank Of Canada raised their price objective on Eaton from $526.00 to $539.00 and gave the stock an “outperform” rating in a research report on Wednesday, November 4th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $534.00 target price (up from $509.00) on shares of Eaton in a research report on Monday, August 3rd. Finally, Rothschild & Co Redburn increased their target price on shares of Eaton from $386.00 to $403.00 and gave the stock a “neutral” rating in a research note on Wednesday, September 30th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Eaton currently has a consensus rating of “Moderate Buy” and a consensus price target of $476.86.

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.

Eaton Company Profile

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.