Eaton Corporation, PLC $ETN Shares Acquired by Farther Finance Advisors LLC

Key Points

• Farther Finance Advisors increased its Eaton stake by 19.8% during the third quarter, bringing its holdings to 25,762 shares valued at approximately $11.1 million. Institutional investors and hedge funds collectively own 82.97% of ETN.
• Eaton exceeded quarterly expectations with earnings of $3.15 per share versus the $3.08 consensus estimate and revenue of $8.53 billion, up 21.4% year over year. The company maintained full-year 2026 EPS guidance of $13.40 to $13.60.
• Analyst sentiment remains favorable but valuation is elevated. Eaton has a “Moderate Buy” consensus rating and an average price target of $480.18, compared with a recent share price of $429.31; the company also pays a $1.10 quarterly dividend.

Farther Finance Advisors LLC boosted its stake in shares of Eaton Corporation, PLC (NYSE:ETN - Free Report) by 19.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,762 shares of the industrial products company's stock after purchasing an additional 4,256 shares during the quarter. Farther Finance Advisors LLC's holdings in Eaton were worth $11,070,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of ETN. YHB Investment Advisors Inc. raised its stake in shares of Eaton by 4.6% in the third quarter. YHB Investment Advisors Inc. now owns 24,559 shares of the industrial products company's stock valued at $10,553,000 after purchasing an additional 1,091 shares in the last quarter. Titleist Asset Management LLC increased its stake in Eaton by 10.0% in the third quarter. Titleist Asset Management LLC now owns 1,339 shares of the industrial products company's stock valued at $575,000 after acquiring an additional 122 shares during the period. Everhart Financial Group Inc. raised its position in Eaton by 2.6% in the third quarter. Everhart Financial Group Inc. now owns 1,403 shares of the industrial products company's stock worth $603,000 after purchasing an additional 35 shares in the last quarter. Avidian Wealth Enterprises LLC boosted its holdings in Eaton by 2.4% during the third quarter. Avidian Wealth Enterprises LLC now owns 7,979 shares of the industrial products company's stock valued at $3,429,000 after purchasing an additional 189 shares in the last quarter. Finally, Vista Investment Partners LLC bought a new stake in shares of Eaton in the 3rd quarter valued at approximately $5,107,000. 82.97% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Heath Monesmith sold 18,036 shares of Eaton stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $458.04, for a total transaction of $8,261,209.44. Following the completion of the sale, the insider directly owned 50,368 shares of the company's stock, valued at $23,070,558.72. The trade was a 26.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Gerald Johnson bought 130 shares of the business's stock in a transaction on Thursday, August 13th. The stock was bought at an average cost of $455.90 per share, for a total transaction of $59,267.00. Following the purchase, the director directly owned 1,829 shares of the company's stock, valued at approximately $833,841.10. This trade represents a 7.65% increase in their position. The SEC filing for this purchase provides additional information. 0.10% of the stock is owned by insiders.

Eaton Price Performance

Shares of ETN stock opened at $429.31 on Friday. The firm has a market cap of $166.74 billion, a price-to-earnings ratio of 43.67, a PEG ratio of 2.46 and a beta of 1.13. Eaton Corporation, PLC has a 12 month low of $311.92 and a 12 month high of $478.00. The company has a quick ratio of 0.79, a current ratio of 1.24 and a debt-to-equity ratio of 0.91. The stock has a 50-day moving average price of $426.47 and a 200 day moving average price of $408.61.

Eaton (NYSE:ETN - Get Free Report) last issued its earnings results on Friday, July 31st. The industrial products company reported $3.15 earnings per share (EPS) for the quarter, beating the consensus estimate 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 analyst estimates of $8.16 billion. During the same quarter last year, the firm earned $2.95 EPS. The company's revenue for the quarter 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. Research analysts expect that Eaton Corporation, PLC will post 13.57 EPS for the current year.

Eaton Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 7th were given a $1.10 dividend. This represents a $4.40 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Friday, August 7th. Eaton's dividend payout ratio (DPR) is currently 44.76%.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Deutsche Bank Aktiengesellschaft boosted their price target on Eaton from $493.00 to $521.00 and gave the company a "buy" rating in a research note on Wednesday, September 30th. Argus lifted their price objective on Eaton from $475.00 to $528.00 and gave the company a "buy" rating in a report on Tuesday, August 18th. BMO Capital Markets upped their target price on shares of Eaton from $477.00 to $487.00 and gave the stock an "outperform" rating in a report on Monday, August 3rd. Evercore increased their target price on shares of Eaton from $502.00 to $515.00 and gave the stock an "outperform" rating in a research report on Tuesday, August 11th. Finally, UBS Group raised shares of Eaton from a "neutral" rating to a "buy" rating and raised their price objective for the stock from $450.00 to $515.00 in a report on Monday, September 7th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Eaton currently has an average rating of "Moderate Buy" and a consensus target price of $480.18.

Trending Headlines about Eaton

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Data-center demand remains a major catalyst. Reports highlight a potential transformer shortage and Eaton’s reportedly substantial backlog, including demand tied to artificial-intelligence data-center construction. This supports visibility for its electrical business and future revenue growth. Data Centers Are Running Out of Transformers. Here's the Industrial Stock With a 3-Year Backlog.
• Positive Sentiment: Global manufacturing capacity supports resilience. Eaton’s diversified production network may help it manage supply-chain disruptions while positioning the company to benefit from electrification, grid investment and infrastructure modernization. Eaton's Diversified Global Network Supports Growth and Resilience
• Positive Sentiment: Operating momentum remains solid. Eaton’s latest reported quarter exceeded consensus estimates for earnings and revenue, while sales grew strongly year over year. Management’s current full-year earnings outlook also reinforces expectations for continued growth.
• Neutral Sentiment: Analyst and media coverage is constructive but not a new fundamental event. Recent commentary compares Eaton with Vestas Wind Systems on value and discusses its data-center exposure, while Jim Cramer views Eaton as an industrial beneficiary of data-center investment. Analysts Offer Insights on Industrial Goods Companies
• Negative Sentiment: Valuation could limit further upside. The value-stock comparison underscores that Eaton trades at a relatively demanding earnings multiple, leaving the shares sensitive to interest rates, estimates and any slowdown in infrastructure or data-center spending. VWDRY or ETN: Which Is the Better Value Stock Right Now?
• Negative Sentiment: Recent selling reflects near-term caution. ETN recently underperformed the broader market and fell sharply in the prior session, suggesting profit-taking or concerns about valuation despite the company’s favorable long-term growth narrative.

Eaton Company Profile

Eaton Corporation plc NYSE: ETN is a global power management company that helps customers manage electrical, hydraulic and mechanical power more safely, efficiently and reliably. Its products and systems serve commercial, industrial, utility, data center, residential, aerospace, vehicle and mobility applications.

The company's electrical businesses provide circuit protection and control equipment, power distribution systems, connectivity solutions, backup power and other technologies used to support critical infrastructure and improve energy efficiency.

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