Rep. Gilbert Ray Cisneros, Jr. Buys Eaton Corporation, PLC (NYSE:ETN) Stock

Key Points

• Rep. Gilbert Ray Cisneros Jr. purchased $15,001–$50,000 of Eaton stock on August 27, 2026, adding to a broader series of portfolio trades that included purchases of Quanta Services, Walmart, Goldman Sachs and Wheaton Precious Metals.
• Eaton reported strong quarterly results, with EPS of $3.15 and revenue of $8.53 billion, surpassing analyst estimates; revenue rose 21.4% year over year. The company guided for fiscal 2026 EPS of $13.40–$13.60.
• Analysts maintain a broadly positive outlook, with the stock carrying an average “Buy” rating and a $454.18 average price target. Eaton also pays a quarterly dividend of $1.10, equivalent to a 1.0% annualized yield.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Eaton Corporation, PLC (NYSE:ETN). In a filing disclosed on September 10th, the Representative disclosed that they had bought between $15,001 and $50,000 in Eaton stock on August 27th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of DoorDash NASDAQ: DASH on 8/28/2026.
• Purchased $15,001 - $50,000 in shares of Quanta Services NYSE: PWR on 8/27/2026.
• Sold $15,001 - $50,000 in shares of NIKE NYSE: NKE on 8/27/2026.
• Sold $1,001 - $15,000 in shares of Phreesia NYSE: PHR on 8/26/2026.
• Purchased $1,001 - $15,000 in shares of Wheaton Precious Metals NYSE: WPM on 8/26/2026.
• Purchased $1,001 - $15,000 in shares of Walmart NASDAQ: WMT on 8/26/2026.
• Purchased $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 8/26/2026.
• Sold $15,001 - $50,000 in shares of Lamar Advertising NASDAQ: LAMR on 8/25/2026.
• Sold $1,001 - $15,000 in shares of Phreesia NYSE: PHR on 8/25/2026.
• Sold $15,001 - $50,000 in shares of Lamar Advertising NASDAQ: LAMR on 8/24/2026.

Eaton Stock Performance

NYSE:ETN opened at $425.88 on Friday. Eaton Corporation, PLC has a fifty-two week low of $311.92 and a fifty-two week high of $478.00. The stock has a fifty day moving average price of $416.22 and a 200-day moving average price of $399.40. The company has a debt-to-equity ratio of 0.91, a quick ratio of 0.79 and a current ratio of 1.24. The company has a market cap of $165.41 billion, a price-to-earnings ratio of 43.32, a PEG ratio of 2.58 and a beta of 1.17.

Eaton (NYSE:ETN - Get Free Report) last released its earnings results on Friday, July 31st. The industrial products company reported $3.15 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 analyst estimates of $8.16 billion. During the same period last year, the firm earned $2.95 EPS. The business's quarterly revenue 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. As a group, equities analysts anticipate that Eaton Corporation, PLC will post 13.56 EPS for the current fiscal year.

Eaton Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 28th. Shareholders of record on Friday, August 7th were issued a $1.10 dividend. The ex-dividend date of this dividend was Friday, August 7th. This represents a $4.40 annualized dividend and a yield of 1.0%. Eaton's payout ratio is currently 44.76%.

Institutional Trading of Eaton

Several hedge funds have recently bought and sold shares of ETN. Clal Insurance Enterprises Holdings Ltd increased its stake in Eaton by 239,384.8% in the 4th quarter. Clal Insurance Enterprises Holdings Ltd now owns 158,060 shares of the industrial products company's stock valued at $50,344,000 after buying an additional 157,994 shares during the last quarter. Pioneer Trust Bank N A OR boosted its stake in shares of Eaton by 669.1% in the 4th quarter. Pioneer Trust Bank N A OR now owns 6,230 shares of the industrial products company's stock worth $1,984,000 after buying an additional 5,420 shares during the last quarter. Burling Wealth Partners LLC grew its holdings in shares of Eaton by 63.0% in the fourth quarter. Burling Wealth Partners LLC now owns 11,296 shares of the industrial products company's stock valued at $3,598,000 after acquiring an additional 4,366 shares in the last quarter. Entropy Technologies LP purchased a new stake in shares of Eaton during the fourth quarter valued at approximately $14,786,000. Finally, S&CO Inc. bought a new stake in Eaton during the second quarter worth $3,824,000. Institutional investors and hedge funds own 82.97% of the company's stock.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. BMO Capital Markets raised their price objective on Eaton from $477.00 to $487.00 and gave the company an "outperform" rating in a research note on Monday, August 3rd. Evercore raised shares of Eaton from an "in-line" rating to an "outperform" rating and set a $502.00 target price for the company in a report on Monday, August 3rd. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of Eaton in a report on Monday, August 3rd. Robert W. Baird set a $500.00 price target on shares of Eaton and gave the stock an "outperform" rating in a report on Thursday, August 20th. Finally, Royal Bank Of Canada raised their price objective on Eaton from $484.00 to $512.00 and gave the company an "outperform" rating in a report on Monday, August 3rd. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Buy" and an average target price of $454.18.

Insider Activity

In other news, insider Adam A. Wadecki sold 525 shares of the stock in a transaction that occurred on 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 represents a 33.25% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Gerald Johnson purchased 130 shares of the stock in a transaction that occurred on Thursday, August 13th. The stock was bought at an average cost of $455.90 per share, for a total transaction of $59,267.00. Following the acquisition, the director directly owned 1,829 shares in the company, valued at $833,841.10. This trade represents a 7.65% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.10% of the company's stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Eaton Company Profile

Eaton plc is a power management company that helps businesses, utilities, data centers, industrial facilities and other customers manage electrical, hydraulic and mechanical power more safely and efficiently. Its products and systems support power distribution, circuit protection, power quality, backup power, industrial automation and energy management.

The company also supplies aerospace systems, including hydraulic, fuel, motion-control and air-management equipment, as well as components and systems for commercial and military aircraft.

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