Eaton (NYSE:ETN) Director Buys $59,267.00 in Stock

Key Points

• Eaton director Gerald Johnson purchased 130 shares at an average price of $455.90, investing $59,267 and increasing his direct ownership by 7.65% to 1,829 shares. He also bought 70 shares the previous day.
• Eaton recently exceeded quarterly expectations, reporting $3.15 in EPS and $8.53 billion in revenue, with revenue up 21.4% year over year. The company guided for third-quarter 2026 EPS of $3.46–$3.56 and full-year EPS of $13.40–$13.60.
• The stock traded at $452.09, near its 52-week high of $478, while analysts maintained a consensus “Moderate Buy” rating with an average price target of $431.78. Eaton also declared a quarterly dividend of $1.10, equivalent to a 1.0% annual yield.

Eaton Corporation, PLC (NYSE:ETN - Get Free Report) Director Gerald Johnson acquired 130 shares of the stock in a transaction dated Thursday, August 13th. The stock was acquired at an average price of $455.90 per share, for a total transaction of $59,267.00. Following the purchase, the director directly owned 1,829 shares in the company, valued at approximately $833,841.10. This trade represents a 7.65% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available through this hyperlink.

Gerald Johnson also recently made the following trade(s):

• On Wednesday, August 12th, Gerald Johnson acquired 70 shares of Eaton stock. The shares were acquired at an average cost of $469.93 per share, with a total value of $32,895.10.

Eaton Stock Performance

NYSE ETN traded down $1.24 on Friday, hitting $452.09. 1,396,747 shares of the company traded hands, compared to its average volume of 2,658,022. The business's 50 day moving average price is $412.53 and its 200-day moving average price is $392.72. The company has a market capitalization of $175.59 billion, a price-to-earnings ratio of 45.99, a P/E/G ratio of 2.91 and a beta of 1.18. Eaton Corporation, PLC has a 52-week low of $311.92 and a 52-week high of $478.00. The company has a current ratio of 1.24, a quick ratio of 0.79 and a debt-to-equity ratio of 0.91.

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, topping analysts' consensus estimates of $3.08 by $0.07. The company had revenue of $8.53 billion for the quarter, compared to analysts' expectations of $8.16 billion. Eaton had a net margin of 12.75% and a return on equity of 24.58%. The firm's revenue was up 21.4% compared to the same quarter last year. During the same quarter last year, the business earned $2.95 EPS. Eaton has set its Q3 2026 guidance at 3.460-3.560 EPS and its FY 2026 guidance at 13.400-13.600 EPS. Equities analysts expect that Eaton Corporation, PLC will post 13.54 earnings per share for the current year.

Eaton Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, August 28th. Shareholders of record on Friday, August 7th will be paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Friday, August 7th. Eaton's dividend payout ratio is presently 44.76%.

Institutional Investors Weigh In On Eaton

Several large investors have recently made changes to their positions in ETN. Clal Insurance Enterprises Holdings Ltd grew its holdings in shares of Eaton by 239,384.8% in the fourth quarter. Clal Insurance Enterprises Holdings Ltd now owns 158,060 shares of the industrial products company's stock valued at $50,344,000 after purchasing an additional 157,994 shares in the last quarter. Burling Wealth Partners LLC raised its stake in Eaton by 63.0% during 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 purchasing an additional 4,366 shares in the last quarter. Pioneer Trust Bank N A OR raised its stake in Eaton by 669.1% during the fourth quarter. Pioneer Trust Bank N A OR now owns 6,230 shares of the industrial products company's stock valued at $1,984,000 after purchasing an additional 5,420 shares in the last quarter. Entropy Technologies LP bought a new position in Eaton during the fourth quarter valued at $14,786,000. Finally, Kingswood Wealth Advisors LLC grew its stake in shares of Eaton by 41.0% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 25,072 shares of the industrial products company's stock worth $7,986,000 after buying an additional 7,296 shares in the last quarter. 82.97% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Citigroup boosted their price objective on Eaton from $471.00 to $485.00 and gave the company a "buy" rating in a research report on Monday, August 3rd. Royal Bank Of Canada lifted their target price on Eaton from $484.00 to $512.00 and gave the company an "outperform" rating in a research note on Monday, August 3rd. KeyCorp upped their price target on Eaton from $420.00 to $480.00 and gave the stock an "overweight" rating in a research note on Wednesday, May 6th. JPMorgan Chase & Co. lifted their price objective on shares of Eaton from $406.00 to $445.00 and gave the company an "overweight" rating in a research report on Wednesday, May 6th. Finally, Wells Fargo & Company boosted their target price on shares of Eaton from $350.00 to $425.00 and gave the stock an "equal weight" rating in a report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, Eaton currently has a consensus rating of "Moderate Buy" and an average price target of $431.78.

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.

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