24,315 Shares in Eaton Corporation, PLC $ETN Acquired by Advocacy Wealth Management LLC

Key Points

• Advocacy Wealth Management acquired 24,315 Eaton shares during the second quarter, valued at approximately $10.4 million. Institutional investors collectively own 82.97% of Eaton’s stock.
• Analysts remain bullish on Eaton: multiple firms raised price targets or upgraded the stock, contributing to an average “Buy” rating and a consensus price target of $442.
• Eaton reported quarterly earnings and revenue above analyst expectations, with year-over-year revenue growth of 21.4%, while maintaining 2026 earnings guidance. The company also pays a quarterly dividend of $1.10, equivalent to a 1.1% annual yield.

Advocacy Wealth Management LLC purchased a new position in Eaton Corporation, PLC (NYSE:ETN - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 24,315 shares of the industrial products company's stock, valued at approximately $10,361,000.

A number of other large investors have also recently made changes to their positions in the stock. Hilton Head Capital Partners LLC purchased a new stake in Eaton in the fourth quarter valued at $26,000. Manning & Napier Advisors LLC acquired a new stake in Eaton in the 2nd quarter valued at about $27,000. Sfam LLC acquired a new stake in shares of Eaton during the 4th quarter worth approximately $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of Eaton during the 4th quarter worth approximately $28,000. Finally, Boreal Capital Management LLC purchased a new position in shares of Eaton during the 1st quarter worth approximately $33,000. 82.97% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have recently weighed in on ETN. Citigroup raised their price objective on shares of Eaton from $471.00 to $485.00 and gave the company a "buy" rating in a report on Monday, August 3rd. Weiss Ratings upgraded shares of Eaton from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Friday. 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 research note on Monday, August 3rd. KeyCorp upped their target price on shares of Eaton from $420.00 to $480.00 and gave the stock an "overweight" rating in a research report on Wednesday, May 6th. Finally, Robert W. Baird set a $500.00 target price on shares of Eaton and gave the stock an "outperform" rating in a research report on Thursday, August 20th. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and three have given a Hold rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Buy" and an average price target of $442.00.

Eaton Stock Performance

Shares of NYSE ETN traded down $13.44 during midday trading on Tuesday, hitting $388.44. The company's stock had a trading volume of 866,303 shares, compared to its average volume of 2,588,086. The firm has a market cap of $150.87 billion, a P/E ratio of 39.47, a P/E/G ratio of 2.54 and a beta of 1.18. The firm's fifty day moving average price is $416.35 and its 200-day moving average price is $398.10. Eaton Corporation, PLC has a 1-year low of $311.92 and a 1-year high of $478.00. 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 (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 analysts' consensus estimates of $3.08 by $0.07. Eaton had a net margin of 12.75% and a return on equity of 24.58%. The company had revenue of $8.53 billion for the quarter, compared to the consensus estimate of $8.16 billion. During the same period in the previous year, the firm earned $2.95 EPS. Eaton's 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. On average, sell-side analysts forecast that Eaton Corporation, PLC will post 13.56 EPS for the current fiscal year.

Eaton Dividend Announcement

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

Insider Buying and Selling at Eaton

In other Eaton news, insider Heath B. Monesmith sold 18,036 shares of Eaton stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $458.04, for a total value of $8,261,209.44. Following the completion of the sale, the insider directly owned 50,368 shares in the company, valued at $23,070,558.72. The trade was a 26.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Adam A. Wadecki sold 525 shares of the business's stock in a transaction on Tuesday, August 4th. The stock was 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 of the company's stock, valued at $464,329.16. The trade was a 33.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Corporate insiders own 0.10% of the company's stock.

Trending Headlines about Eaton

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Zacks Research raised multiple EPS forecasts for Eaton. Estimates increased for the third and fourth quarters of fiscal 2026, all fiscal 2027, and fiscal 2028. The FY2028 forecast rose to $17.91 from $17.41, while FY2027 increased to $15.80 from $15.48. The revisions signal improving expectations for Eaton’s long-term earnings growth. Zacks Research earnings estimates
• Positive Sentiment: Analysts remain broadly bullish despite recent relative weakness. Eaton has underperformed the Nasdaq Composite over the past year, but the analyst outlook remains favorable, suggesting investors may view the pullback as a valuation or entry-point issue rather than a deterioration in the company’s fundamentals. Is Eaton Corporation Stock Underperforming the Nasdaq?
• Neutral Sentiment: Eaton remains tied to data-center power demand. Commentary comparing Eaton with Vertiv indicates that suppliers of data-center power infrastructure remain in focus. Eaton’s relative resilience during a sector selloff may be constructive, but the article does not identify a new company-specific catalyst. GE Vernova Slides, Vertiv Holdings and Eaton Sit Out the Selloff
• Negative Sentiment: Put-option purchases rose well above normal levels. Traders bought 10,916 put options, 62% more than the typical volume of 6,753. The activity points to increased hedging or bearish speculation and can pressure sentiment in the near term.
• Negative Sentiment: Leverage is becoming a greater investor concern. A recent analysis argues that debt represents a larger share of Eaton’s assets than historically, increasing financial risk. With a price-to-earnings ratio near 39.5, investors may also be less tolerant of balance-sheet concerns or any slowdown in growth. Is Eaton Stock Riskier Than It Was A Year Ago?

About Eaton

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.