DB&C Advisors LLC Acquires New Position in Eaton Corporation, PLC $ETN

DB&C Advisors LLC acquired a new stake in shares of Eaton Corporation, PLC (NYSE:ETN - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 4,422 shares of the industrial products company's stock, valued at approximately $1,408,000. Eaton comprises about 1.8% of DB&C Advisors LLC's investment portfolio, making the stock its 18th biggest position.

Several other institutional investors also recently bought and sold shares of ETN. Eagle Bay Advisors LLC purchased a new stake in Eaton during the 4th quarter valued at about $29,000. WFA of San Diego LLC purchased a new stake in Eaton during the 2nd quarter valued at about $36,000. Imprint Wealth LLC purchased a new stake in Eaton during the 3rd quarter valued at about $39,000. Redmont Wealth Advisors LLC bought a new position in Eaton during the 3rd quarter valued at about $40,000. Finally, Ares Financial Consulting LLC bought a new position in Eaton during the 4th quarter valued at about $42,000. 82.97% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Eaton

In related news, insider Antonio Galvao sold 494 shares of the firm's stock in a transaction on Wednesday, May 13th. The shares were sold at an average price of $405.86, for a total value of $200,494.84. Following the completion of the transaction, the insider directly owned 9,175 shares of the company's stock, valued at approximately $3,723,765.50. This trade represents a 5.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Gerald Johnson bought 746 shares of the business's stock in a transaction that occurred on Friday, May 8th. The stock was acquired at an average cost of $402.29 per share, with a total value of $300,108.34. Following the completion of the acquisition, the director owned 1,414 shares of the company's stock, valued at $568,838.06. This represents a 111.68% increase in their position. The SEC filing for this purchase provides additional information. Insiders sold a total of 21,028 shares of company stock valued at $8,614,793 in the last 90 days. Company insiders own 0.10% of the company's stock.

Eaton Trading Down 5.3%

Eaton stock opened at $396.35 on Friday. The firm has a 50 day moving average of $396.30 and a 200 day moving average of $364.59. The firm has a market capitalization of $153.90 billion, a price-to-earnings ratio of 38.74, a P/E/G ratio of 2.55 and a beta of 1.19. Eaton Corporation, PLC has a 12-month low of $311.92 and a 12-month high of $435.43. The company has a current ratio of 1.19, a quick ratio of 0.75 and a debt-to-equity ratio of 0.94.

Eaton (NYSE:ETN - Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The industrial products company reported $2.81 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.73 by $0.08. Eaton had a net margin of 13.99% and a return on equity of 24.72%. The business had revenue of $7.45 billion during the quarter, compared to analyst estimates of $7.14 billion. During the same period last year, the firm posted $2.72 EPS. The company's revenue was up 16.8% on a year-over-year basis. Eaton has set its Q2 2026 guidance at 3.000-3.100 EPS and its FY 2026 guidance at 13.050-13.500 EPS. As a group, research analysts predict that Eaton Corporation, PLC will post 13.32 earnings per share for the current year.

Eaton Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, May 29th. Investors of record on Friday, May 8th were issued a $1.10 dividend. The ex-dividend date of this dividend was Friday, May 8th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.1%. Eaton's dividend payout ratio (DPR) is 43.01%.

Wall Street Analysts Forecast Growth

ETN has been the topic of several research analyst reports. JPMorgan Chase & Co. upped their target price on shares of Eaton from $406.00 to $445.00 and gave the company an "overweight" rating in a research note on Wednesday, May 6th. Citigroup upped their target price on shares of Eaton from $464.00 to $471.00 and gave the company a "buy" rating in a research note on Wednesday, May 6th. Erste Group Bank initiated coverage on shares of Eaton in a research note on Tuesday, May 5th. They set a "buy" rating on the stock. Evercore set a $453.00 target price on shares of Eaton in a research note on Monday, May 11th. Finally, BMO Capital Markets initiated coverage on shares of Eaton in a research note on Friday, March 27th. They set an "outperform" rating and a $428.00 target price on the stock. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $420.95.

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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