Ieq Capital LLC Buys 3,739 Shares of Eaton Corporation, PLC $ETN

Key Points

• Ieq Capital LLC increased its holdings in Eaton Corporation by 9.9%, purchasing an additional 3,739 shares, raising its total to 41,476 shares valued at approximately $11.27 million.
• Institutional investors own 82.97% of Eaton's stock, with multiple firms reporting increases in their holdings during the first quarter of the year.
• Eaton reported quarterly earnings of $2.95 EPS, surpassing analysts' expectations, and set guidance for Q3 2025 EPS between 3.010-3.070.

Ieq Capital LLC increased its holdings in shares of Eaton Corporation, PLC (NYSE:ETN - Free Report) by 9.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 41,476 shares of the industrial products company's stock after purchasing an additional 3,739 shares during the quarter. Ieq Capital LLC's holdings in Eaton were worth $11,274,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Commonwealth Financial Services LLC increased its position in Eaton by 2.9% in the first quarter. Commonwealth Financial Services LLC now owns 1,175 shares of the industrial products company's stock worth $319,000 after buying an additional 33 shares in the last quarter. E Fund Management Co. Ltd. boosted its stake in Eaton by 3.1% during the first quarter. E Fund Management Co. Ltd. now owns 1,091 shares of the industrial products company's stock valued at $297,000 after buying an additional 33 shares during the last quarter. Checchi Capital Advisers LLC boosted its stake in Eaton by 0.7% during the first quarter. Checchi Capital Advisers LLC now owns 5,071 shares of the industrial products company's stock valued at $1,378,000 after buying an additional 37 shares during the last quarter. Lantern Wealth Advisors LLC boosted its stake in Eaton by 1.0% during the fourth quarter. Lantern Wealth Advisors LLC now owns 4,038 shares of the industrial products company's stock valued at $1,340,000 after buying an additional 38 shares during the last quarter. Finally, AGH Wealth Advisors LLC lifted its stake in shares of Eaton by 2.6% in the 1st quarter. AGH Wealth Advisors LLC now owns 1,517 shares of the industrial products company's stock valued at $412,000 after purchasing an additional 38 shares during the last quarter. 82.97% of the stock is owned by institutional investors.

Insider Activity

In related news, insider Olivier Leonetti sold 16,018 shares of the stock in a transaction dated Thursday, August 7th. The shares were sold at an average price of $358.39, for a total transaction of $5,740,691.02. Following the sale, the insider owned 630 shares in the company, valued at $225,785.70. This 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 available through this hyperlink. Company insiders own 0.30% of the company's stock.

Analysts Set New Price Targets

ETN has been the subject of a number of research analyst reports. Wall Street Zen lowered Eaton from a "buy" rating to a "hold" rating in a research note on Saturday, August 2nd. KeyCorp boosted their target price on Eaton from $355.00 to $410.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 15th. Sanford C. Bernstein reaffirmed an "outperform" rating and set a $396.00 price target on shares of Eaton in a research report on Monday, July 14th. Morgan Stanley boosted their price objective on Eaton from $375.00 to $425.00 and gave the company an "overweight" rating in a report on Wednesday, August 6th. Finally, JPMorgan Chase & Co. boosted their price objective on Eaton from $300.00 to $360.00 and gave the stock an "overweight" rating in a research note on Friday, May 16th. Fourteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, Eaton presently has a consensus rating of "Moderate Buy" and a consensus price target of $379.10.

Eaton Stock Performance

NYSE ETN opened at $351.61 on Thursday. The company has a quick ratio of 0.76, a current ratio of 1.24 and a debt-to-equity ratio of 0.47. The firm has a market cap of $136.88 billion, a P/E ratio of 35.37, a P/E/G ratio of 2.59 and a beta of 1.18. Eaton Corporation, PLC has a 52-week low of $231.85 and a 52-week high of $399.56. The business's 50-day moving average price is $361.31 and its 200 day moving average price is $320.44.

Eaton (NYSE:ETN - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The industrial products company reported $2.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $2.92 by $0.03. The company had revenue of $7.03 billion during 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 company's revenue for the quarter was up 10.7% on a year-over-year basis. During the same period last year, the firm earned $2.73 EPS. Eaton has set its Q3 2025 guidance at 3.010-3.070 EPS. FY 2025 guidance at 11.970-12.170 EPS. On average, equities research analysts expect that Eaton Corporation, PLC will post 12.02 earnings per share for the current year.

Eaton Dividend Announcement

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