Altrius Capital Management Inc Grows Position in Eaton Corporation, PLC $ETN

Key Points

• Altrius Capital Management increased its stake in Eaton by 10.9% to 25,877 shares (worth $8.24 million), making Eaton 1.7% of Altrius's portfolio and its 25th largest holding.
• Eaton reported Q4 results of $3.23 EPS on $7.06 billion revenue with a 25% ROE, analysts look for ~13.3 EPS for the year, and the stock trades at a ~40.7 P/E with a $165.3 billion market cap.
• Strategic growth and shareholder return: Eaton announced a >$30 million U.S. investment to expand switchgear production for AI/data‑center demand and declared a $1.10 quarterly dividend (annualized $4.40, ~1.0% yield; ex‑dividend May 8).

Altrius Capital Management Inc increased its position in shares of Eaton Corporation, PLC (NYSE:ETN - Free Report) by 10.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 25,877 shares of the industrial products company's stock after buying an additional 2,541 shares during the quarter. Eaton comprises 1.7% of Altrius Capital Management Inc's investment portfolio, making the stock its 25th biggest holding. Altrius Capital Management Inc's holdings in Eaton were worth $8,242,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Cornerstone Planning Group LLC grew its stake in Eaton by 9.3% during the 3rd quarter. Cornerstone Planning Group LLC now owns 328 shares of the industrial products company's stock worth $126,000 after buying an additional 28 shares during the last quarter. MTM Investment Management LLC grew its stake in shares of Eaton by 0.6% in the 3rd quarter. MTM Investment Management LLC now owns 4,802 shares of the industrial products company's stock valued at $1,797,000 after purchasing an additional 29 shares during the last quarter. Correct Capital Wealth Management grew its stake in shares of Eaton by 0.9% in the 3rd quarter. Correct Capital Wealth Management now owns 3,477 shares of the industrial products company's stock valued at $1,301,000 after purchasing an additional 31 shares during the last quarter. First United Bank & Trust grew its stake in shares of Eaton by 5.2% in the 3rd quarter. First United Bank & Trust now owns 755 shares of the industrial products company's stock valued at $283,000 after purchasing an additional 37 shares during the last quarter. Finally, Stanley Laman Group Ltd. grew its stake in shares of Eaton by 3.1% in the 4th quarter. Stanley Laman Group Ltd. now owns 1,214 shares of the industrial products company's stock valued at $387,000 after purchasing an additional 37 shares during the last quarter. Hedge funds and other institutional investors own 82.97% of the company's stock.

Eaton Stock Performance

Shares of ETN stock opened at $425.91 on Monday. The stock has a fifty day moving average price of $377.82 and a 200 day moving average price of $360.05. The stock has a market cap of $165.25 billion, a PE ratio of 40.72, a P/E/G ratio of 2.93 and a beta of 1.24. Eaton Corporation, PLC has a 1 year low of $286.60 and a 1 year high of $435.43. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.81 and a current ratio of 1.32.

Eaton (NYSE:ETN - Get Free Report) last issued its quarterly earnings data on Thursday, February 26th. The industrial products company reported $3.23 earnings per share (EPS) for the quarter. The firm had revenue of $7.06 billion during the quarter. Eaton had a return on equity of 25.00% and a net margin of 14.89%. Sell-side analysts forecast that Eaton Corporation, PLC will post 13.3 earnings per share for the current fiscal year.

Eaton Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 29th. Investors of record on Friday, May 8th will be issued a dividend of $1.10 per share. The ex-dividend date of this dividend is Friday, May 8th. This represents a $4.40 annualized dividend and a yield of 1.0%. Eaton's payout ratio is currently 42.07%.

Trending Headlines about Eaton

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Eaton announced a >$30 million U.S. investment to expand switchgear production in Bellevue, Nebraska to meet strong AI/data‑center demand — a direct revenue and backlog growth catalyst for its electrical products franchise. Eaton Announces $30M Investment
• Neutral Sentiment: Analysts and coverage pieces are highlighting Eaton’s upcoming Q1 report and urging investors to look beyond headline EPS/revenue (e.g., order trends, industrial end-market strength, margin drivers). Earnings-season uncertainty can amplify short-term volatility but also create upside if key operational metrics beat. Countdown to Eaton Q1 Earnings
• Neutral Sentiment: Commentary on valuation and the recent strong share-price run has investors debating near-term upside vs. stretched multiples — this can lead to profit‑taking even when fundamentals remain solid. Is It Too Late To Consider Eaton?
• Negative Sentiment: Sector peers face mixed results and cost pressures (e.g., Ball Corp flagged tariff costs and uneven segment outlook), which could weigh on industrials and investor appetite for cyclical exposure ahead of Eaton’s report. Ball Corp Q1 Preview
• Negative Sentiment: Other industrial earnings (A.O. Smith missed Q1 estimates) highlight possible demand softness or margin pressure in some end markets — a reminder that any weak Eaton guidance on margins or orders could trigger downside. A.O. Smith Q1 Results

Wall Street Analyst Weigh In

Several research analysts have weighed in on ETN shares. Jefferies Financial Group started coverage on Eaton in a research note on Monday, March 16th. They issued a "buy" rating and a $430.00 target price on the stock. JPMorgan Chase & Co. lowered their target price on Eaton from $440.00 to $406.00 and set an "overweight" rating on the stock in a research note on Friday, January 16th. BMO Capital Markets started coverage on Eaton in a research note on Friday, March 27th. They issued an "outperform" rating and a $428.00 target price on the stock. Royal Bank Of Canada reiterated an "outperform" rating and issued a $407.00 target price on shares of Eaton in a research note on Wednesday, February 4th. Finally, UBS Group reiterated a "neutral" rating and issued a $360.00 target price (down from $440.00) on shares of Eaton in a research note on Sunday, January 4th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, Eaton presently has a consensus rating of "Moderate Buy" and an average price target of $396.50.

Insider Transactions at Eaton

In related news, insider Sternadt Paulo Ruiz sold 10,707 shares of Eaton stock in a transaction on Thursday, February 12th. The stock was sold at an average price of $390.26, for a total transaction of $4,178,513.82. Following the completion of the transaction, the insider directly owned 27,729 shares of the company's stock, valued at approximately $10,821,519.54. The trade was a 27.86% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Corporate insiders own 0.10% of the company's stock.

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.

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