Trivium Point Advisory LLC Acquires 5,826 Shares of Eaton Corporation, PLC $ETN

Key Points

• Trivium Point Advisory LLC increased its stake in Eaton Corporation by 55.3%, owning 16,357 shares valued at approximately $4.45 million.
• Eaton reported a quarterly earnings per share of $2.95, exceeding analysts' estimates and showing a 10.7% year-over-year revenue growth.
• The company declared a quarterly dividend of $1.04 per share, representing a 1.2% dividend yield, with a payout ratio of 41.85%.

Trivium Point Advisory LLC lifted its stake in shares of Eaton Corporation, PLC (NYSE:ETN - Free Report) by 55.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,357 shares of the industrial products company's stock after buying an additional 5,826 shares during the quarter. Trivium Point Advisory LLC's holdings in Eaton were worth $4,446,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. IMA Advisory Services Inc. purchased a new stake in Eaton in the first quarter worth about $25,000. Capital A Wealth Management LLC purchased a new stake in Eaton in the fourth quarter worth about $26,000. Creative Financial Designs Inc. ADV grew its holdings in Eaton by 102.0% in the first quarter. Creative Financial Designs Inc. ADV now owns 101 shares of the industrial products company's stock worth $27,000 after purchasing an additional 51 shares during the period. Vermillion Wealth Management Inc. purchased a new stake in Eaton in the fourth quarter worth about $33,000. Finally, Abound Wealth Management grew its holdings in Eaton by 73.8% in the first quarter. Abound Wealth Management now owns 146 shares of the industrial products company's stock worth $40,000 after purchasing an additional 62 shares during the period. Hedge funds and other institutional investors own 82.97% of the company's stock.

Eaton Stock Performance

Eaton stock traded down $5.5980 during midday trading on Tuesday, reaching $347.9020. 671,387 shares of the company traded hands, compared to its average volume of 3,030,428. The firm has a market capitalization of $135.44 billion, a price-to-earnings ratio of 34.97, a price-to-earnings-growth ratio of 2.59 and a beta of 1.18. The business has a 50 day moving average of $358.67 and a two-hundred day moving average of $318.89. Eaton Corporation, PLC has a 12 month low of $231.85 and a 12 month high of $399.56. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.24 and a quick ratio of 0.76.

Eaton (NYSE:ETN - Get Free Report) last issued its quarterly earnings data on Tuesday, August 5th. The industrial products company reported $2.95 earnings per share for the quarter, beating analysts' consensus estimates of $2.92 by $0.03. The company had revenue of $7.03 billion for the quarter, compared to the consensus estimate of $6.93 billion. Eaton had a net margin of 15.11% and a return on equity of 23.91%. The firm's revenue for the quarter was up 10.7% compared to the same quarter last year. During the same quarter in the prior year, the firm 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. As a group, research analysts predict that Eaton Corporation, PLC will post 12.02 earnings per share for the current year.

Eaton Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, August 22nd. Investors of record on Thursday, August 7th will be given a dividend of $1.04 per share. The ex-dividend date is Thursday, August 7th. This represents a $4.16 dividend on an annualized basis and a yield of 1.2%. Eaton's dividend payout ratio is 41.85%.

Insiders Place Their Bets

In other Eaton news, insider Olivier Leonetti sold 16,018 shares of the stock in a transaction that occurred on Thursday, August 7th. The shares were sold at an average price of $358.39, for a total value of $5,740,691.02. Following the transaction, the insider directly owned 630 shares in the company, valued at approximately $225,785.70. This trade represents a 96.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.30% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the stock. BNP Paribas Exane assumed coverage on shares of Eaton in a report on Thursday, May 15th. They issued an "outperform" rating and a $380.00 price objective on the stock. Wells Fargo & Company increased their price target on shares of Eaton from $310.00 to $360.00 and gave the company an "equal weight" rating in a report on Tuesday, July 1st. KeyCorp increased their price target on shares of Eaton from $355.00 to $410.00 and gave the company an "overweight" rating in a report on Tuesday, July 15th. Morgan Stanley increased their price target on shares of Eaton from $375.00 to $425.00 and gave the company an "overweight" rating in a report on Wednesday, August 6th. Finally, BNP Paribas started coverage on shares of Eaton in a report on Thursday, May 15th. They set an "outperform" rating and a $380.00 price target on the stock. Fourteen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $383.63.

Eaton Company 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.