Integrated Wealth Concepts LLC Purchases 11,285 Shares of Eaton Corporation, PLC $ETN

Key Points

• Integrated Wealth Concepts LLC nearly doubled its Eaton holdings, purchasing 11,285 additional shares in the second quarter for a total of 23,429 shares valued at approximately $9.98 million. Institutional investors collectively own 82.97% of Eaton.
• Eaton exceeded quarterly expectations with adjusted EPS of $3.15 versus the $3.08 consensus and revenue of $8.53 billion, up 21.4% year over year. The company issued Q3 2026 EPS guidance of $3.46–$3.56 and full-year guidance of $13.40–$13.60.
• Analysts remain broadly bullish, with a consensus “Buy” rating and an average price target of $454.18, while Eaton pays a quarterly dividend of $1.10 per share. Shares recently traded near $409, with a valuation above 40 times earnings and a 1.1% dividend yield.

Integrated Wealth Concepts LLC raised its holdings in shares of Eaton Corporation, PLC (NYSE:ETN - Free Report) by 92.9% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 23,429 shares of the industrial products company's stock after purchasing an additional 11,285 shares during the quarter. Integrated Wealth Concepts LLC's holdings in Eaton were worth $9,983,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the business. Hilton Head Capital Partners LLC bought a new stake in shares of Eaton during the fourth quarter worth about $26,000. Manning & Napier Advisors LLC acquired a new position in Eaton during the 2nd quarter valued at about $27,000. Sfam LLC acquired a new position in Eaton during the 4th quarter valued at about $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in Eaton during the 4th quarter worth approximately $28,000. Finally, Boreal Capital Management LLC purchased a new stake in shares of Eaton in the first quarter worth approximately $33,000. 82.97% of the stock is owned by institutional investors.

Eaton Trading Down 1.4%

NYSE:ETN opened at $409.42 on Friday. The stock has a market capitalization of $159.02 billion, a PE ratio of 41.65, a price-to-earnings-growth ratio of 2.62 and a beta of 1.17. The firm's 50 day moving average is $415.68 and its 200 day moving average is $399.22. 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 Corporation, PLC has a 12 month low of $311.92 and a 12 month high of $478.00.

Eaton (NYSE:ETN - Get Free Report) last announced its quarterly earnings results on Friday, July 31st. The industrial products company reported $3.15 EPS for the quarter, beating analysts' consensus estimates of $3.08 by $0.07. The company had revenue of $8.53 billion for 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 period in the prior year, the company posted $2.95 EPS. Eaton has set its Q3 2026 guidance at 3.460-3.560 EPS and its FY 2026 guidance at 13.400-13.600 EPS. Sell-side analysts expect that Eaton Corporation, PLC will post 13.56 earnings per share 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 dividend of $1.10 per share. The ex-dividend date was Friday, August 7th. This represents a $4.40 annualized dividend and a dividend yield of 1.1%. Eaton's dividend payout ratio is currently 44.76%.

Insider Transactions at Eaton

In other news, Director Gerald Johnson purchased 130 shares of the stock in a transaction dated Thursday, August 13th. The shares were purchased at an average cost of $455.90 per share, with a total value of $59,267.00. Following the completion of the acquisition, the director owned 1,829 shares in the company, valued at $833,841.10. This represents a 7.65% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, insider Heath Monesmith sold 18,036 shares of the business's stock in a transaction that occurred on Tuesday, August 11th. The shares were sold at an average price of $458.04, for a total transaction of $8,261,209.44. Following the transaction, the insider directly owned 50,368 shares of the company's stock, valued at approximately $23,070,558.72. This represents a 26.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.10% of the company's stock.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the company. Weiss Ratings upgraded Eaton from a "hold (c+)" rating to a "buy (b-)" rating in a report on Friday, August 28th. Evercore upgraded Eaton from an "in-line" rating to an "outperform" rating and set a $502.00 price target for the company in a report on Monday, August 3rd. Royal Bank Of Canada increased their price target on Eaton from $484.00 to $512.00 and gave the company an "outperform" rating in a research report on Monday, August 3rd. Morgan Stanley lifted their price objective on shares of Eaton from $500.00 to $520.00 and gave the stock an "overweight" rating in a report on Friday, August 28th. Finally, Sanford C. Bernstein reiterated an "outperform" rating on shares of Eaton in a research note on Monday, August 3rd. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of $454.18.

More Eaton News

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Expanded Autodesk collaboration supports growth in commercial buildings. Eaton and Autodesk are connecting equipment information, engineering expertise and project data to help building teams design and deliver increasingly complex electrical systems more efficiently. The initiative could strengthen Eaton’s position in intelligent power management and benefit from construction, electrification and labor-productivity trends. Eaton and Autodesk Help Simplify and Accelerate Delivery of Increasingly Complex Electrical Systems in Commercial Buildings
• Neutral Sentiment: Recent outperformance may be increasing volatility and profit-taking risk. Eaton gained about 5% over the previous five trading days while the S&P 500 declined slightly. Analysts noted that the stock has a beta above 1, meaning it may amplify broader market moves in both directions. With a price-to-earnings ratio above 40, investors may be particularly sensitive to changes in interest rates, growth expectations and data-center spending. Is Eaton Stock Amplifying A Risk You Already Own?
• Negative Sentiment: Shares declined more than the broader market amid continued weakness. Market coverage attributed the latest drop primarily to general market pressure and the stock’s recent strong run, rather than to a new deterioration in Eaton’s operating results. The pullback highlights the possibility that investors are locking in gains or trimming exposure to richly valued industrial and data-center beneficiaries. Why Eaton Dipped More Than Broader Market Today

Eaton Profile

Eaton plc is a power management company that helps businesses, utilities, data centers, industrial facilities and other customers manage electrical, hydraulic and mechanical power more safely and efficiently. Its products and systems support power distribution, circuit protection, power quality, backup power, industrial automation and energy management.

The company also supplies aerospace systems, including hydraulic, fuel, motion-control and air-management equipment, as well as components and systems for commercial and military aircraft.

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