Eaton Corporation, PLC $ETN Shares Sold by Cyrus J. Lawrence LLC

Key Points

• Cyrus J. Lawrence LLC significantly reduced its position in Eaton Corporation shares by 93.6%, leaving them with only 1,554 shares after selling 22,898 shares in Q1.
• Multiple hedge funds adjusted their holdings in Eaton, with Retirement Planning Co of New England increasing its stake by 3.3%, while Calton & Associates raised theirs by 76.1% during the same period.
• Eaton’s recent earnings report showed $2.95 earnings per share, exceeding estimates, along with announced Q3 2025 guidance between $3.010 and $3.070 EPS.

Cyrus J. Lawrence LLC trimmed its holdings in shares of Eaton Corporation, PLC (NYSE:ETN - Free Report) by 93.6% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,554 shares of the industrial products company's stock after selling 22,898 shares during the quarter. Cyrus J. Lawrence LLC's holdings in Eaton were worth $422,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Retirement Planning Co of New England Inc. increased its position in shares of Eaton by 3.3% during the 1st quarter. Retirement Planning Co of New England Inc. now owns 9,748 shares of the industrial products company's stock worth $2,650,000 after purchasing an additional 311 shares during the last quarter. Calton & Associates Inc. grew its position in Eaton by 76.1% in the 1st quarter. Calton & Associates Inc. now owns 1,358 shares of the industrial products company's stock valued at $369,000 after acquiring an additional 587 shares in the last quarter. Saudi Central Bank acquired a new position in Eaton in the 1st quarter valued at about $42,000. DRW Securities LLC grew its position in Eaton by 51.2% in the 1st quarter. DRW Securities LLC now owns 18,207 shares of the industrial products company's stock valued at $4,949,000 after acquiring an additional 6,164 shares in the last quarter. Finally, Pinnacle Wealth Planning Services Inc. grew its position in Eaton by 5.8% in the 1st quarter. Pinnacle Wealth Planning Services Inc. now owns 3,195 shares of the industrial products company's stock valued at $868,000 after acquiring an additional 174 shares in the last quarter. 82.97% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms have weighed in on ETN. Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $396.00 target price on shares of Eaton in a research report on Monday, July 14th. Rothschild & Co Redburn began coverage on Eaton in a research report on Wednesday, August 20th. They issued a "neutral" rating and a $336.00 target price for the company. Redburn Atlantic started coverage on Eaton in a research report on Wednesday, August 20th. They issued a "hold" rating and a $336.00 target price for the company. BNP Paribas started coverage on Eaton in a research note on Thursday, May 15th. They issued an "outperform" rating and a $380.00 price objective for the company. Finally, Wall Street Zen upgraded Eaton from a "hold" rating to a "buy" rating in a research note on Saturday. Fourteen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to MarketBeat, Eaton presently has an average rating of "Moderate Buy" and an average target price of $379.10.

Insiders Place Their Bets

In related news, insider Olivier Leonetti sold 16,018 shares of the business's stock in a transaction that occurred on Thursday, August 7th. The stock was sold at an average price of $358.39, for a total transaction of $5,740,691.02. Following the completion of the sale, the insider owned 630 shares in the company, valued at $225,785.70. The trade was a 96.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.30% of the stock is currently owned by insiders.

Eaton Price Performance

ETN stock opened at $349.13 on Friday. The business has a 50 day moving average price of $362.10 and a 200 day moving average price of $320.99. The stock has a market cap of $135.92 billion, a price-to-earnings ratio of 35.12, a PEG ratio of 2.57 and a beta of 1.18. Eaton Corporation, PLC has a fifty-two week low of $231.85 and a fifty-two week high of $399.56. The company has a quick ratio of 0.76, a current ratio of 1.24 and a debt-to-equity ratio of 0.47.

Eaton (NYSE:ETN - Get Free Report) last posted its earnings results on Tuesday, August 5th. The industrial products company reported $2.95 earnings per share for the quarter, topping the consensus estimate of $2.92 by $0.03. The firm had revenue of $7.03 billion during the quarter, compared to analysts' expectations of $6.93 billion. Eaton had a return on equity of 23.91% and a net margin of 15.11%.The firm's revenue was up 10.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.73 earnings per share. Eaton has set its Q3 2025 guidance at 3.010-3.070 EPS. FY 2025 guidance at 11.970-12.170 EPS. Equities research analysts anticipate that Eaton Corporation, PLC will post 12.02 earnings per share for the current fiscal year.

Eaton Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, August 22nd. Investors of record on Thursday, August 7th were paid a dividend of $1.04 per share. The ex-dividend date was Thursday, August 7th. This represents a $4.16 annualized dividend and a yield of 1.2%. Eaton's payout ratio is presently 41.85%.

Eaton Profile

Eaton Corporation plc operates as a power management company worldwide. The company's Electrical Americas and Electrical Global segment provides electrical components, industrial components, power distribution and assemblies, residential products, single and three phase power quality and connectivity products, wiring devices, circuit protection products, utility power distribution products, power reliability equipment, and services, as well as hazardous duty electrical equipment, emergency lighting, fire detection, explosion-proof instrumentation, and structural support systems.

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