10,413 Shares in Eaton Corporation, PLC $ETN Bought by Sawyer & Company Inc

Sawyer & Company Inc bought a new position in Eaton Corporation, PLC (NYSE:ETN) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 10,413 shares of the industrial products company’s stock, valued at approximately $4,475,000. Eaton comprises approximately 1.5% of Sawyer & Company Inc’s investment portfolio, making the stock its 21st biggest position.

Other large investors have also added to or reduced their stakes in the company. Wellington Management Group LLP raised its stake in Eaton by 19.6% during the 2nd 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 buying an additional 1,120,567 shares during the last quarter. National Pension Service boosted its stake in shares of Eaton by 3.5% in the 2nd quarter. National Pension Service now owns 864,731 shares of the industrial products company’s stock worth $368,479,000 after buying an additional 29,436 shares during the last quarter. Clal Insurance Enterprises Holdings Ltd boosted its stake in shares of 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 worth $120,199,000 after buying an additional 178,000 shares during the last quarter. Assenagon Asset Management S.A. grew its holdings in shares of Eaton by 87.1% in the third quarter. Assenagon Asset Management S.A. now owns 282,750 shares of the industrial products company’s stock worth $121,501,000 after acquiring an additional 131,624 shares during the period. Finally, Bartlett & CO. Wealth Management LLC grew its holdings in shares of Eaton by 12.1% in the first quarter. Bartlett & CO. Wealth Management LLC now owns 266,845 shares of the industrial products company’s stock worth $95,442,000 after acquiring an additional 28,815 shares during the period. Institutional investors own 82.97% of the company’s stock.

Insider Activity at Eaton

In related news, Director Gerald Johnson bought 130 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The stock was bought at an average cost of $455.90 per share, with a total value of $59,267.00. Following the completion of the purchase, the director owned 1,829 shares of the company’s stock, valued at approximately $833,841.10. The trade was a 7.65% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Heath Monesmith sold 18,036 shares of Eaton stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $458.04, for a total transaction of $8,261,209.44. Following the completion of the sale, the insider owned 50,368 shares in the company, valued at approximately $23,070,558.72. This represents 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 corporate insiders.

Eaton Price Performance

ETN stock traded up $11.68 during midday trading on Wednesday, hitting $393.66. The company’s stock had a trading volume of 838,560 shares, compared to its average volume of 2,517,620. The company has a quick ratio of 0.79, a current ratio of 1.24 and a debt-to-equity ratio of 0.91. Eaton Corporation, PLC has a 12 month low of $311.92 and a 12 month high of $478.00. The company has a 50 day moving average of $420.40 and a two-hundred day moving average of $411.06. The firm has a market capitalization of $152.90 billion, a price-to-earnings ratio of 40.04, a price-to-earnings-growth ratio of 2.27 and a beta of 1.13.

Eaton (NYSE:ETN) last released its quarterly earnings data on Friday, July 31st. The industrial products company reported $3.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.08 by $0.07. Eaton had a net margin of 12.75% and a return on equity of 24.58%. The firm had revenue of $8.53 billion for the quarter, compared to analysts’ expectations of $8.16 billion. During the same quarter last year, the business posted $2.95 earnings per share. The company’s revenue for the quarter was up 21.4% compared to the same quarter last year. 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, analysts expect that Eaton Corporation, PLC will post 13.58 EPS for the current year.

Key Stories Impacting Eaton

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Eaton’s electrical backlog increased 43% year over year in the second quarter, while organic sales grew 14%. The figures highlight continued demand from data-center infrastructure and electricity-grid modernization, supporting the company’s long-term earnings outlook. Eaton electrical backlog article
• Positive Sentiment: Although uncertainty remains about the pace of data-center construction, Eaton is positioned to benefit from broader grid investment and power-demand growth. This could provide a more durable source of orders if some planned data-center projects are delayed. Grid stocks article
• Neutral Sentiment: Eaton will report third-quarter 2026 results before the market opens on November 3, followed by an 11 a.m. Eastern conference call. The upcoming report is the next major catalyst for confirming backlog conversion, margins and management’s earnings guidance. Eaton earnings announcement
• Neutral Sentiment: At roughly 40 times earnings, Eaton trades above its recent average valuation. Analysts and investors therefore appear to be asking whether the company can convert its sizable backlog into sustained profits without excessive capital spending. Eaton valuation article
• Negative Sentiment: Baird lowered its price target for Eaton to $485, signaling a more cautious near-term view even though the target remains above recent trading levels. The revision may be contributing to selling pressure, particularly given Eaton’s elevated earnings multiple. Baird lowers Eaton price target
• Negative Sentiment: A comparison with Forgent gives investors another reason for caution: Forgent is viewed as having faster projected earnings growth and a backlog covering much of next year’s revenue, making Eaton appear less attractive to some data-center-power investors. Forgent versus Eaton article

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. Wall Street Zen cut Eaton from a “buy” rating to a “hold” rating in a research report on Sunday, August 16th. Royal Bank Of Canada boosted their price target on Eaton from $512.00 to $526.00 and gave the company an “outperform” rating in a research note on Wednesday, October 14th. HSBC upped their price target on shares of Eaton from $440.00 to $460.00 and gave the company a “buy” rating in a research report on Monday, August 3rd. BMO Capital Markets increased their price objective on shares of Eaton from $477.00 to $487.00 and gave the stock an “outperform” rating in a research note on Monday, August 3rd. Finally, Raymond James Financial lifted their price target on shares of Eaton from $465.00 to $525.00 and gave the stock an “outperform” rating in a research note on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $484.10.

About Eaton

Eaton Corporation plc is a global intelligent power management company that helps businesses, utilities, data centers, manufacturers and other organizations manage electrical, hydraulic and mechanical power more safely, efficiently and reliably. Its solutions support applications ranging from power distribution and backup systems to industrial automation, building infrastructure and transportation.

The company’s Electrical segment provides products and systems such as circuit breakers, switchgear, power distribution equipment, surge protection, energy management software and data center power solutions.