Jackson Wealth Management LLC Sells 25,016 Shares of Eaton Corporation, PLC $ETN

Jackson Wealth Management LLC reduced its position in Eaton Corporation, PLC (NYSE:ETN) by 92.9% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,911 shares of the industrial products company’s stock after selling 25,016 shares during the quarter. Jackson Wealth Management LLC’s holdings in Eaton were worth $814,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Hilton Head Capital Partners LLC purchased a new stake in Eaton in the fourth quarter valued at $26,000. Manning & Napier Advisors LLC acquired a new position in shares of Eaton during the 2nd quarter worth about $27,000. Sfam LLC acquired a new position in shares of Eaton during the 4th quarter worth about $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in shares of Eaton during the 4th quarter worth about $28,000. Finally, Boreal Capital Management LLC acquired a new position in shares of Eaton during the 1st quarter worth about $33,000. 82.97% of the stock is owned by hedge funds and other institutional investors.

Eaton Trading Down 3.3%

Shares of ETN traded down $13.44 on Tuesday, hitting $388.44. 866,303 shares of the stock traded hands, compared to its average volume of 2,588,086. The company has a quick ratio of 0.79, a current ratio of 1.24 and a debt-to-equity ratio of 0.91. The firm has a market capitalization of $150.87 billion, a P/E ratio of 39.47, a P/E/G ratio of 2.54 and a beta of 1.18. Eaton Corporation, PLC has a 1 year low of $311.92 and a 1 year high of $478.00. The stock’s 50 day moving average is $416.35 and its two-hundred day moving average is $398.10.

Eaton (NYSE:ETN) last posted its quarterly earnings results on Friday, July 31st. The industrial products company reported $3.15 earnings per share for the quarter, topping analysts’ consensus estimates of $3.08 by $0.07. Eaton had a net margin of 12.75% and a return on equity of 24.58%. The company had revenue of $8.53 billion for the quarter, compared to the consensus estimate of $8.16 billion. During the same quarter last year, the firm posted $2.95 earnings per share. Eaton’s revenue was up 21.4% on a year-over-year basis. Eaton has set its Q3 2026 guidance at 3.460-3.560 EPS and its FY 2026 guidance at 13.400-13.600 EPS. As a group, sell-side analysts predict that Eaton Corporation, PLC will post 13.56 earnings per share for the current year.

Eaton Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 7th were given a $1.10 dividend. The ex-dividend date of this dividend was Friday, August 7th. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. Eaton’s payout ratio is presently 44.76%.

Key Stories Impacting Eaton

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Zacks Research raised multiple EPS forecasts for Eaton. Estimates increased for the third and fourth quarters of fiscal 2026, all fiscal 2027, and fiscal 2028. The FY2028 forecast rose to $17.91 from $17.41, while FY2027 increased to $15.80 from $15.48. The revisions signal improving expectations for Eaton’s long-term earnings growth. Zacks Research earnings estimates
• Positive Sentiment: Analysts remain broadly bullish despite recent relative weakness. Eaton has underperformed the Nasdaq Composite over the past year, but the analyst outlook remains favorable, suggesting investors may view the pullback as a valuation or entry-point issue rather than a deterioration in the company’s fundamentals. Is Eaton Corporation Stock Underperforming the Nasdaq?
• Neutral Sentiment: Eaton remains tied to data-center power demand. Commentary comparing Eaton with Vertiv indicates that suppliers of data-center power infrastructure remain in focus. Eaton’s relative resilience during a sector selloff may be constructive, but the article does not identify a new company-specific catalyst. GE Vernova Slides, Vertiv Holdings and Eaton Sit Out the Selloff
• Negative Sentiment: Put-option purchases rose well above normal levels. Traders bought 10,916 put options, 62% more than the typical volume of 6,753. The activity points to increased hedging or bearish speculation and can pressure sentiment in the near term.
• Negative Sentiment: Leverage is becoming a greater investor concern. A recent analysis argues that debt represents a larger share of Eaton’s assets than historically, increasing financial risk. With a price-to-earnings ratio near 39.5, investors may also be less tolerant of balance-sheet concerns or any slowdown in growth. Is Eaton Stock Riskier Than It Was A Year Ago?

Insider Transactions at Eaton

In other Eaton news, Director Gerald Johnson purchased 130 shares of the firm’s stock in a transaction dated Thursday, August 13th. The stock was acquired at an average cost of $455.90 per share, with a total value of $59,267.00. Following the acquisition, the director owned 1,829 shares of the company’s stock, valued at approximately $833,841.10. This represents a 7.65% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. Also, insider Adam A. Wadecki sold 525 shares of Eaton stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $440.54, for a total transaction of $231,283.50. Following the completion of the transaction, the insider directly owned 1,054 shares of the company’s stock, valued at $464,329.16. This trade represents a 33.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.10% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on ETN shares. Robert W. Baird set a $500.00 price objective on shares of Eaton and gave the company an “outperform” rating in a report on Thursday, August 20th. Erste Group Bank initiated coverage on shares of Eaton in a research report on Tuesday, May 5th. They set a “buy” rating for the company. Evercore raised shares of Eaton from an “in-line” rating to an “outperform” rating and set a $502.00 price target for the company in a research report on Monday, August 3rd. Wells Fargo & Company raised their price target on shares of Eaton from $350.00 to $425.00 and gave the company an “equal weight” rating in a research report on Wednesday, May 6th. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of Eaton in a report on Monday, August 3rd. Three research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $442.00.

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.