Eaton Corporation, PLC $ETN Shares Sold by Raiffeisen Bank International AG

Raiffeisen Bank International AG lowered its position in Eaton Corporation, PLC (NYSE:ETN) by 62.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,500 shares of the industrial products company’s stock after selling 4,203 shares during the quarter. Raiffeisen Bank International AG’s holdings in Eaton were worth $1,021,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. Brighton Jones LLC boosted its holdings in Eaton by 1.4% in the fourth quarter. Brighton Jones LLC now owns 3,341 shares of the industrial products company’s stock valued at $1,109,000 after acquiring an additional 45 shares during the last quarter. Revolve Wealth Partners LLC raised its holdings in shares of Eaton by 17.5% in the 4th quarter. Revolve Wealth Partners LLC now owns 913 shares of the industrial products company’s stock worth $303,000 after purchasing an additional 136 shares during the period. Empowered Funds LLC raised its holdings in shares of Eaton by 5.6% in the 1st quarter. Empowered Funds LLC now owns 9,402 shares of the industrial products company’s stock worth $2,556,000 after purchasing an additional 496 shares during the period. Vista Capital Partners Inc. acquired a new position in shares of Eaton in the 2nd quarter valued at about $259,000. Finally, Tandem Wealth Advisors LLC grew its holdings in shares of Eaton by 70.1% during the 2nd quarter. Tandem Wealth Advisors LLC now owns 2,216 shares of the industrial products company’s stock worth $791,000 after purchasing an additional 913 shares during the period. 82.97% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Eaton

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

Insider Buying and Selling at Eaton

In other Eaton news, insider Heath Monesmith sold 18,036 shares of the firm’s 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 transaction, the insider directly owned 50,368 shares of the company’s stock, valued at $23,070,558.72. This trade represents a 26.37% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Adam Wadecki sold 525 shares of the company’s 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 sale, the insider owned 1,054 shares in the company, valued at approximately $464,329.16. This trade represents a 33.25% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.10% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

ETN has been the topic of several research reports. Evercore upgraded shares of Eaton from an “in-line” rating to an “outperform” rating and set a $502.00 price target on the stock in a report on Monday, August 3rd. Robert W. Baird set a $500.00 target price on shares of Eaton and gave the company an “outperform” rating in a research note on Thursday, August 20th. Weiss Ratings upgraded Eaton from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, August 28th. Sanford C. Bernstein reissued an “outperform” rating on shares of Eaton in a research report on Monday, August 3rd. Finally, Morgan Stanley upped their target price on Eaton from $500.00 to $520.00 and gave the stock an “overweight” rating in a research report on Friday, August 28th. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $442.00.

Eaton Stock Up 3.5%

Shares of NYSE ETN opened at $411.08 on Friday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.79 and a current ratio of 1.24. Eaton Corporation, PLC has a 1 year low of $311.92 and a 1 year high of $478.00. The stock’s 50-day simple moving average is $415.42 and its 200-day simple moving average is $398.19. The firm has a market cap of $159.66 billion, a price-to-earnings ratio of 41.82, a PEG ratio of 2.60 and a beta of 1.17.

Eaton (NYSE:ETN) last issued its quarterly earnings data 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. Eaton had a return on equity of 24.58% and a net margin of 12.75%.The firm had revenue of $8.53 billion during the quarter, compared to analyst estimates of $8.16 billion. During the same quarter last year, the firm earned $2.95 EPS. Eaton’s quarterly 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, equities analysts anticipate that Eaton Corporation, PLC will post 13.56 earnings per share for the current fiscal year.

Eaton Dividend Announcement

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

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.