Eaton Corporation, PLC $ETN Stock Bought by CHICAGO TRUST Co NA

Key Points

• CHICAGO TRUST Co NA more than doubled its Eaton holdings in the third quarter, increasing its position by 122.6% to 5,115 shares worth approximately $2.2 million. Institutional investors and hedge funds collectively own 82.97% of Eaton.
• Eaton reported quarterly EPS of $3.15, beating estimates of $3.08, while revenue rose 21.4% year over year to $8.53 billion. The company declared a quarterly dividend of $1.10, equivalent to a 1.2% annualized yield.
• Analysts maintain a broadly positive outlook, with a consensus “Moderate Buy” rating and an average price target of $484.10, though Eaton’s premium valuation and recent insider selling remain potential concerns.

CHICAGO TRUST Co NA boosted its holdings in shares of Eaton Corporation, PLC (NYSE:ETN - Free Report) by 122.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,115 shares of the industrial products company's stock after purchasing an additional 2,817 shares during the quarter. CHICAGO TRUST Co NA's holdings in Eaton were worth $2,198,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Security National Bank of SO Dak purchased a new position in shares of Eaton during the 2nd quarter valued at approximately $26,000. Manning & Napier Advisors LLC acquired a new position in Eaton during the second quarter worth $27,000. Curry Webb Wealth Management LLC acquired a new position in Eaton during the third quarter worth $29,000. Boreal Capital Management LLC purchased a new position in Eaton during the first quarter valued at $33,000. Finally, North Point Portfolio Managers Corp OH purchased a new position in Eaton during the third quarter valued at $34,000. 82.97% of the stock is owned by institutional investors and hedge funds.

Eaton Stock Performance

ETN opened at $369.20 on Friday. The firm has a market capitalization of $143.40 billion, a PE ratio of 37.56, a PEG ratio of 2.28 and a beta of 1.13. Eaton Corporation, PLC has a twelve month low of $311.92 and a twelve month high of $478.00. The firm's 50-day moving average price is $411.07 and its 200 day moving average price is $396.09. The company has a current ratio of 1.24, a quick ratio of 0.79 and a debt-to-equity ratio of 0.91.

Eaton (NYSE:ETN - Get Free Report) last announced its quarterly earnings data 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. The company had revenue of $8.53 billion during the quarter, compared to analysts' expectations of $8.16 billion. Eaton had a net margin of 12.75% and a return on equity of 24.58%. Eaton's revenue was up 21.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $2.95 EPS. As a group, sell-side analysts expect that Eaton Corporation, PLC will post 13.59 EPS for the current fiscal year.

Eaton Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, November 27th. Stockholders of record on Tuesday, November 10th will be given a $1.10 dividend. The ex-dividend date is Tuesday, November 10th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 1.2%. Eaton's dividend payout ratio is 44.76%.

Insider Activity

In related news, insider Heath Monesmith sold 18,036 shares of Eaton stock in a transaction that occurred 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 transaction, the insider owned 50,368 shares in the company, valued at approximately $23,070,558.72. This trade represents a 26.37% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Adam 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 value of $231,283.50. Following the transaction, the insider directly owned 1,054 shares in the company, valued at $464,329.16. This trade represents a 33.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Company insiders own 0.10% of the company's stock.

Key Eaton News

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Unusually heavy options activity points to bullish positioning, with investors purchasing 23,934 call options—roughly 225% above average call volume. However, options activity is speculative and does not guarantee further gains.
• Positive Sentiment: Eaton’s aerospace business provides an additional growth avenue beyond electrical equipment. The segment represented 15.5% of 2025 sales and benefits from aviation demand and recurring aftermarket revenue. Eaton's Aerospace Business Broadens Growth Beyond Electrical
• Positive Sentiment: Strong data-center and grid investment remains the central bullish thesis. Robust results and rising deferred revenue at peer Vertiv suggest that demand for data-center power and cooling infrastructure remains strong rather than slowing. Plugging In: Vertiv Cashes In On AI Demand
• Neutral Sentiment: Analysts are focused on Eaton’s third-quarter revenue, earnings and operating metrics, with expectations shaped by data-center demand and recent acquisitions. The earnings report and management guidance will determine whether the company can meet the high bar set by its prior quarter’s adjusted EPS beat. Ahead of Eaton Q3 Earnings
• Negative Sentiment: Eaton trades at a premium valuation, increasing the risk that even solid results may not satisfy investors. Comparisons with nVent highlight concerns over relative share performance, tariffs and execution, while the stock’s recent decline reflects rising caution ahead of earnings. Eaton vs. nVent: Which Electrical Equipment Stock Has an Edge?

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on ETN. Robert W. Baird began coverage on shares of Eaton in a research report on Thursday, August 20th. They issued an "outperform" rating and a $500.00 target price on the stock. Wells Fargo & Company began coverage on shares of Eaton in a research report on Thursday, September 24th. They set an "overweight" rating and a $503.00 price target for the company. Deutsche Bank Aktiengesellschaft raised their price target on shares of Eaton from $493.00 to $521.00 and gave the company a "buy" rating in a research note on Wednesday, September 30th. BNP Paribas Exane lifted their price objective on Eaton from $490.00 to $500.00 and gave the stock an "outperform" rating in a report on Monday, August 3rd. Finally, Royal Bank Of Canada boosted their price objective on Eaton from $512.00 to $526.00 and gave the stock an "outperform" rating in a research note on Wednesday, October 14th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $484.10.

Eaton Profile

Eaton Corporation plc is a global intelligent power management company that helps businesses, utilities, data centers, manufacturers and other organizations manage electrical, hydraulic and mechanical power more safely, efficiently and reliably. Its solutions support applications ranging from power distribution and backup systems to industrial automation, building infrastructure and transportation.

The company's Electrical segment provides products and systems such as circuit breakers, switchgear, power distribution equipment, surge protection, energy management software and data center power solutions.

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