3,453 Eaton Corporation, PLC $ETN Shares Sold by James Investment Research Inc.

Key Points

• James Investment Research reduced its Eaton stake by 19.8%, selling 3,453 shares and retaining 14,025 shares valued at approximately $6.03 million.
• Institutional investors own 82.97% of Eaton, with several major funds—including Wellington Management and Assenagon Asset Management—adding to their positions.
• Eaton reported quarterly EPS of $3.15, ahead of the $3.08 consensus, while revenue rose 21.4% year over year to $8.53 billion. Analysts maintain a “Moderate Buy” consensus with an average price target of $484.10, although the stock has recently faced selling pressure and a price-target cut from Baird.

James Investment Research Inc. lessened its holdings in shares of Eaton Corporation, PLC (NYSE:ETN - Free Report) by 19.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,025 shares of the industrial products company's stock after selling 3,453 shares during the quarter. James Investment Research Inc.'s holdings in Eaton were worth $6,027,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in ETN. Wellington Management Group LLP increased its holdings 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 worth $2,909,235,000 after purchasing an additional 1,120,567 shares during the period. National Pension Service grew its position in shares of Eaton by 3.5% during the second 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 in the last quarter. AMF Tjanstepension AB grew its position in shares of Eaton by 1.4% during the third quarter. AMF Tjanstepension AB now owns 364,814 shares of the industrial products company's stock worth $156,764,000 after buying an additional 5,168 shares in the last quarter. Assenagon Asset Management S.A. grew its position in shares of Eaton by 87.1% during 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 buying an additional 131,624 shares in the last quarter. Finally, Clal Insurance Enterprises Holdings Ltd increased its stake in shares of Eaton by 112.6% during the first 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 period. Hedge funds and other institutional investors own 82.97% of the company's stock.

Key Eaton News

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Analysts continue to raise their earnings outlook. Zacks lifted its fourth-quarter 2026 EPS estimate to $4.04 from $4.03, while Erste Group raised its fiscal 2026 estimate to $13.59 and fiscal 2027 forecast to $16.32. These revisions suggest expectations for continued growth in Eaton’s higher-margin electrical and data-center businesses. Eaton earnings estimate revisions
• Positive Sentiment: Eaton was highlighted for its energy-efficient electrical products and recognized by IBD as one of the Most Sustainable Companies for a second consecutive year. Its focus on efficient power infrastructure may benefit from expanding electricity and data-center demand. Eaton sustainable profits
• Neutral Sentiment: Eaton has scheduled its next results for November 3. Investors will look for confirmation of its current fiscal 2026 EPS guidance of $13.40–$13.60 and indications that demand from data centers and electrical infrastructure remains strong. Eaton schedules November 3 results
• Negative Sentiment: Baird lowered its price target for ETN to $485 from $500. Although the revised target remains well above recent trading levels, the cut can weigh on sentiment, particularly with the stock trading below its 50-day and 200-day moving averages. Baird cuts Eaton price target
• Negative Sentiment: The shares recently fell 6.33% in one session, indicating broad near-term selling pressure. With quarterly results approaching and valuation still elevated at roughly 37 times earnings, investors may be locking in gains or reducing exposure until Eaton reports. Eaton shares decline more than the market

Eaton Price Performance

Shares of NYSE ETN opened at $366.12 on Friday. The company has a current ratio of 1.24, a quick ratio of 0.79 and a debt-to-equity ratio of 0.91. The stock has a market cap of $142.20 billion, a P/E ratio of 37.25, a P/E/G ratio of 2.14 and a beta of 1.13. Eaton Corporation, PLC has a twelve month low of $311.92 and a twelve month high of $478.00. The stock has a 50 day moving average of $415.65 and a two-hundred day moving average of $411.02.

Eaton (NYSE:ETN - Get Free Report) last released its quarterly earnings results on Friday, July 31st. The industrial products company reported $3.15 EPS for the quarter, topping the consensus estimate of $3.08 by $0.07. Eaton had a return on equity of 24.58% and a net margin of 12.75%. The business had revenue of $8.53 billion during the quarter, compared to analysts' expectations of $8.16 billion. During the same quarter in the prior year, the business earned $2.95 earnings per share. The company'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. On average, research analysts forecast that Eaton Corporation, PLC will post 13.59 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages recently issued reports on ETN. Morgan Stanley lifted their price target on shares of Eaton from $500.00 to $520.00 and gave the stock an "overweight" rating in a research note on Friday, August 28th. UBS Group raised shares of Eaton from a "neutral" rating to a "buy" rating and increased their price objective for the company from $450.00 to $515.00 in a research report on Monday, September 7th. Wells Fargo & Company began coverage on shares of Eaton in a report on Thursday, September 24th. They issued an "overweight" rating and a $503.00 price objective on the stock. Sanford C. Bernstein reaffirmed an "outperform" rating and set a $534.00 price objective (up from $509.00) on shares of Eaton in a research report on Monday, August 3rd. Finally, Royal Bank Of Canada lifted their price objective on shares of Eaton from $512.00 to $526.00 and gave the stock an "outperform" rating in a research report on Wednesday, October 14th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $484.10.

Insiders Place Their Bets

In other news, insider Heath B. Monesmith sold 18,036 shares of the firm's stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $458.04, for a total value of $8,261,209.44. Following the completion of the transaction, the insider owned 50,368 shares in the company, valued at $23,070,558.72. This trade represents a 26.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Adam A. Wadecki sold 525 shares of Eaton stock in a transaction on Tuesday, August 4th. The stock was sold at an average price of $440.54, for a total value of $231,283.50. Following the transaction, the insider directly owned 1,054 shares of the company's stock, valued at $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 owned by company insiders.

Eaton Profile

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.

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