Meadowbrook Wealth Management LLC Buys New Shares in Eaton Corporation, PLC $ETN

Meadowbrook Wealth Management LLC acquired a new position in shares of Eaton Corporation, PLC (NYSE:ETN) during the 2nd quarter, HoldingsChannel.com reports. The fund acquired 1,825 shares of the industrial products company’s stock, valued at approximately $752,000.

Other institutional investors have also added to or reduced their stakes in the company. Wellington Management Group LLP increased its stake in Eaton by 19.6% during the second quarter. Wellington Management Group LLP now owns 6,827,266 shares of the industrial products company’s stock valued at $2,909,235,000 after acquiring an additional 1,120,567 shares during the period. Clal Insurance Enterprises Holdings Ltd raised its holdings in Eaton by 112.6% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 336,060 shares of the industrial products company’s stock valued at $120,199,000 after acquiring an additional 178,000 shares in the last quarter. Munich Reinsurance Co Stock Corp in Munich lifted its position in shares of Eaton by 24,986.3% in the 1st quarter. Munich Reinsurance Co Stock Corp in Munich now owns 154,281 shares of the industrial products company’s stock worth $55,182,000 after acquiring an additional 153,666 shares during the period. Public Employees Retirement System of Ohio acquired a new stake in shares of Eaton during the 2nd quarter worth approximately $64,858,000. Finally, Silvercrest Asset Management Group LLC grew its holdings in shares of Eaton by 23.1% during the 4th quarter. Silvercrest Asset Management Group LLC now owns 310,859 shares of the industrial products company’s stock worth $99,012,000 after purchasing an additional 58,281 shares in the last quarter. 82.97% of the stock is owned by institutional investors and hedge funds.

Eaton Price Performance

Eaton stock opened at $411.08 on Friday. The business has a 50 day simple moving average of $415.42 and a 200 day simple moving average of $398.19. The company has a debt-to-equity ratio of 0.91, a current ratio of 1.24 and a quick ratio of 0.79. The company has a market capitalization of $159.66 billion, a PE ratio of 41.82, a price-to-earnings-growth ratio of 2.51 and a beta of 1.17. Eaton Corporation, PLC has a one year low of $311.92 and a one year high of $478.00.

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

Eaton Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, August 28th. Investors of record on Friday, August 7th were given a dividend of $1.10 per share. The ex-dividend date was Friday, August 7th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.1%. Eaton’s dividend payout ratio (DPR) is 44.76%.

Insider Activity at Eaton

In related news, Director Gerald Johnson acquired 130 shares of the stock in a transaction on Thursday, August 13th. The stock was purchased at an average price of $455.90 per share, for a total transaction of $59,267.00. Following the transaction, the director owned 1,829 shares of the company’s stock, valued at $833,841.10. The trade was a 7.65% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Heath B. Monesmith sold 18,036 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The stock was sold at an average price of $458.04, for a total transaction of $8,261,209.44. Following the transaction, the insider owned 50,368 shares in the company, valued at $23,070,558.72. The trade was a 26.37% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.10% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

ETN has been the subject of a number of recent research reports. Sanford C. Bernstein restated an “outperform” rating on shares of Eaton in a research note on Monday, August 3rd. Wall Street Zen downgraded shares of Eaton from a “buy” rating to a “hold” rating in a research note on Sunday, August 16th. Robert W. Baird set a $500.00 price target on shares of Eaton and gave the company an “outperform” rating in a report on Thursday, August 20th. Weiss Ratings raised shares of Eaton from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, August 28th. Finally, BMO Capital Markets lifted their target price on shares of Eaton from $477.00 to $487.00 and gave the company an “outperform” rating in a research report on Monday, August 3rd. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, Eaton currently has an average rating of “Buy” and an average target price of $442.00.

More Eaton News

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Eaton plans to invest more than $242 million in a 1-million-square-foot facility in North Little Rock, Arkansas. The plant is expected to double Fibrebond’s U.S. capacity for customized electrical enclosures and create approximately 1,200 jobs, helping address supply constraints tied to data centers, utilities and broader electrification. Eaton to Boost U.S. Power Capacity With $242M Arkansas Plant
• Positive Sentiment: Analyst valuation work raised Eaton’s estimated fair value to $475.57 from $464.59, citing AI-related data-center demand, a strong project backlog and improved visibility into electrical-sector growth. Several published price targets are above the revised valuation. Eaton Stock Gets Fair Value Bump As Analysts Back AI Data Center Growth
• Positive Sentiment: Recent results showed continued operating momentum: Eaton beat quarterly earnings expectations, reported revenue growth of 21.4% year over year and issued third-quarter and full-year 2026 earnings guidance that supports the bullish growth narrative.
• Neutral Sentiment: CEO Paulo Ruiz will discuss Eaton’s growth strategy, portfolio transformation and demand across data centers, utilities and aerospace at Morgan Stanley’s Laguna Conference on September 16. The event could provide additional guidance on orders and execution. Eaton to Participate in the Morgan Stanley Laguna Conference
• Neutral Sentiment: High trading volume in Eaton put options indicates some investors are hedging or positioning for weakness, but options activity alone does not establish a clear directional signal. Investors Buy High Volume of Eaton Put Options
• Negative Sentiment: Commentary warns that Eaton’s strong secular growth story is already reflected in a relatively demanding valuation, potentially limiting further gains. Separately, Vertiv’s acquisition of UtilityInnovation Group highlights increasing competition to solve data-center power bottlenecks. Eaton Strong Secular Growth, But Valuation Limits Upside

Eaton Company 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.