Mediolanum International Funds Ltd Has $4.24 Million Stock Holdings in Eaton Corporation, PLC $ETN

Mediolanum International Funds Ltd decreased its stake in shares of Eaton Corporation, PLC (NYSE:ETN) by 69.0% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 12,337 shares of the industrial products company’s stock after selling 27,406 shares during the period. Mediolanum International Funds Ltd’s holdings in Eaton were worth $4,238,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of ETN. Hilton Head Capital Partners LLC acquired a new stake in Eaton during the fourth quarter worth approximately $26,000. Sfam LLC acquired a new stake in Eaton during the 4th quarter worth approximately $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in Eaton in the 4th quarter valued at $28,000. Eagle Bay Advisors LLC bought a new stake in Eaton in the 4th quarter valued at $29,000. Finally, WFA of San Diego LLC acquired a new position in Eaton in the 2nd quarter valued at $36,000. 82.97% of the stock is owned by institutional investors.

Insider Activity at Eaton

In other Eaton news, insider Antonio Galvao sold 494 shares of the firm’s stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $405.86, for a total value of $200,494.84. Following the sale, the insider owned 9,175 shares in the company, valued at $3,723,765.50. This trade represents a 5.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Peter Denk sold 2,000 shares of the business’s stock in a transaction on Wednesday, May 6th. The stock was sold at an average price of $417.94, for a total transaction of $835,880.00. Following the sale, the insider directly 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 SEC filing for this sale provides additional information. Insiders sold a total of 21,028 shares of company stock worth $8,614,793 in the last ninety days. Insiders own 0.10% of the company’s stock.

Key Stories Impacting Eaton

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Eaton opened a new U.K. aerospace additive manufacturing center, which should help expand production capacity, improve supply-chain resilience, and support demand for next-generation aerospace platforms. Eaton opens UK aerospace additive manufacturing center
• Positive Sentiment: ETN was upgraded to a Zacks Rank #2 (Buy), signaling improving earnings expectations and potentially supporting the stock in the near term. Eaton (ETN) Upgraded to Buy: What Does It Mean for the Stock?
• Positive Sentiment: Articles highlighting Eaton as a beneficiary of AI data-center power demand and the broader electrification cycle reinforce the market’s growth narrative for the company. AI Data Centers Need Power, and These 2 Industrials Are Cashing In (ETN)
• Neutral Sentiment: Several commentary pieces compared Eaton with peers or asked whether the stock is a buy, but these are mostly valuation and relative-performance discussions rather than new company-specific catalysts. VWDRY vs. ETN: Which Stock Should Value Investors Buy Now?
• Neutral Sentiment: Coverage noting that Eaton has outperformed industrial peers this year is supportive, but it mainly reflects past performance rather than a fresh trigger. Is Eaton (ETN) Stock Outpacing Its Industrial Products Peers This Year?

Eaton Stock Performance

NYSE ETN opened at $401.36 on Tuesday. The company has a current ratio of 1.19, a quick ratio of 0.75 and a debt-to-equity ratio of 0.94. The firm has a market capitalization of $155.85 billion, a price-to-earnings ratio of 39.23, a P/E/G ratio of 2.57 and a beta of 1.18. The firm’s 50 day simple moving average is $403.75 and its 200 day simple moving average is $380.86. Eaton Corporation, PLC has a 1 year low of $311.92 and a 1 year high of $436.74.

Eaton (NYSE:ETN) last released its earnings results on Tuesday, May 5th. The industrial products company reported $2.81 earnings per share for the quarter, topping the consensus estimate of $2.73 by $0.08. The firm 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 company’s quarterly revenue was up 16.8% on a year-over-year basis. During the same period in the prior year, the company earned $2.72 earnings per share. Eaton has set its Q2 2026 guidance at 3.000-3.100 EPS and its FY 2026 guidance at 13.050-13.500 EPS. As a group, research analysts expect that Eaton Corporation, PLC will post 13.35 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Citigroup boosted their target price on shares of Eaton from $464.00 to $471.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. BMO Capital Markets began coverage on shares of Eaton in a research note on Friday, March 27th. They issued an “outperform” rating and a $428.00 price objective for the company. KeyCorp boosted their price objective on shares of Eaton from $420.00 to $480.00 and gave the company an “overweight” rating in a report on Wednesday, May 6th. Weiss Ratings cut shares of Eaton from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, May 18th. Finally, Royal Bank Of Canada lifted their price target on shares of Eaton from $457.00 to $484.00 and gave the company an “outperform” rating in a research report on Wednesday, May 6th. Two analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $423.00.

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.