M Holdings Securities Inc. Purchases 6,868 Shares of Eaton Corporation, PLC $ETN

Key Points

• M Holdings Securities initiated a position in Eaton, buying 6,868 shares valued at approximately $2.95 million in the third quarter; institutional investors own nearly 83% of the company.
• Eaton’s third-quarter results beat analyst expectations, with earnings of $3.68 per share and revenue of $8.95 billion, and the company raised its 2026 outlook. Strong demand from data centers and infrastructure supports its record backlog, though investors remain focused on execution.
• Analysts have a consensus “Moderate Buy” rating and an average price target of $483.91; Eaton also announced a quarterly dividend of $1.10 per share.

M Holdings Securities Inc. purchased a new position in Eaton Corporation, PLC (NYSE:ETN - Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 6,868 shares of the industrial products company's stock, valued at approximately $2,951,000.

Several other large investors also recently modified their holdings of ETN. Assenagon Asset Management S.A. lifted its stake in shares of Eaton by 87.1% in the 3rd quarter. Assenagon Asset Management S.A. now owns 282,750 shares of the industrial products company's stock worth $121,501,000 after purchasing an additional 131,624 shares during the period. Sustainable Growth Advisers LP purchased a new position in shares of Eaton in the third quarter worth approximately $85,752,000. Wedmont Private Capital grew its position in Eaton by 69.6% during the third quarter. Wedmont Private Capital now owns 11,413 shares of the industrial products company's stock valued at $4,845,000 after buying an additional 4,684 shares during the period. Envestnet Portfolio Solutions Inc. grew its position in Eaton by 5.5% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 69,297 shares of the industrial products company's stock valued at $29,529,000 after buying an additional 3,638 shares during the period. Finally, IFP Advisors Inc increased its holdings in Eaton by 48.2% during the third quarter. IFP Advisors Inc now owns 16,026 shares of the industrial products company's stock valued at $6,887,000 after buying an additional 5,212 shares during the last quarter. Institutional investors own 82.97% of the company's stock.

Insider Activity

In other Eaton news, Director Gerald Johnson acquired 130 shares of the company's stock in a transaction dated Thursday, August 13th. The shares were purchased at an average cost of $455.90 per share, for a total transaction of $59,267.00. Following the completion of the purchase, the director owned 1,829 shares in the company, valued at approximately $833,841.10. This trade represents a 7.65% increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, insider Heath B. Monesmith sold 18,036 shares of the company's stock in a transaction on Tuesday, August 11th. The stock was sold at an average price of $458.04, for a total value of $8,261,209.44. Following the sale, the insider owned 50,368 shares of the company's stock, valued at $23,070,558.72. This trade represents a 26.37% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.10% of the stock is owned by insiders.

Key Stories Impacting Eaton

Here are the key news stories impacting Eaton this week:

• Positive Sentiment: Eaton reported record third-quarter results and raised its 2026 outlook again. It beat the supplied consensus estimates, earning $3.68 per share versus $3.54 expected and generating $8.95 billion in revenue versus $8.53 billion expected. Eaton stock lifts 2026 outlook after record third-quarter results
• Positive Sentiment: A record electrical backlog and strong demand from data centers, grid modernization and broader infrastructure investment provide revenue visibility and potential for future growth. Can Eaton Convert Its Record Backlog Into Stronger Earnings?
• Positive Sentiment: Analyst support, including Bernstein maintaining a Buy rating and KeyBanc issuing a Buy, may help underpin investor confidence. Bernstein Sticks to Their Buy Rating for Eaton
• Neutral Sentiment: The stock’s rebound may also reflect a technical bounce after recent selling; one report described industrial shares including Eaton as deeply oversold. Top 3 Industrials Stocks That May Rocket Higher in November
• Negative Sentiment: Investors remain focused on whether Eaton can convert its large backlog into sustained sales and earnings growth. The shares sold off after the results despite the raised outlook, reflecting execution concerns and valuation sensitivity. Eaton Stock Sinks as Q3 Results Fail to Calm Execution Fears
• Negative Sentiment: Eaton sees potential in data-center power systems shifting from AC to DC, but its CEO said the timing of that transition is outside the company’s control. Eaton CEO: AC to DC migration for data centers is real

Eaton Stock Performance

NYSE:ETN opened at $341.80 on Monday. Eaton Corporation, PLC has a fifty-two week low of $311.92 and a fifty-two week high of $478.00. The firm has a market capitalization of $132.79 billion, a PE ratio of 34.15, a PEG ratio of 2.15 and a beta of 1.15. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.78 and a current ratio of 1.23. The stock's fifty day moving average is $405.12 and its 200 day moving average is $396.59.

Eaton (NYSE:ETN - Get Free Report) last released its quarterly earnings results on Tuesday, November 3rd. The industrial products company reported $3.68 EPS for the quarter, topping analysts' consensus estimates of $3.54 by $0.14. The firm had revenue of $8.95 billion during the quarter, compared to analysts' expectations of $8.53 billion. Eaton had a net margin of 12.18% and a return on equity of 25.09%. The firm's revenue for the quarter was up 28.0% compared to the same quarter last year. During the same period in the previous year, the company earned $3.07 EPS. On average, sell-side analysts anticipate that Eaton Corporation, PLC will post 13.80 earnings per share for the current year.

Eaton Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, November 27th. Stockholders of record on Tuesday, November 10th will be given a dividend of $1.10 per share. This represents a $4.40 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Tuesday, November 10th. Eaton's dividend payout ratio (DPR) is 43.96%.

Analyst Ratings Changes

Several research analysts have weighed in on the stock. Royal Bank Of Canada increased their price target on shares of Eaton from $526.00 to $539.00 and gave the stock an "outperform" rating in a research report on Wednesday, November 4th. Mizuho set a $485.00 target price on shares of Eaton in a research note on Wednesday. Morgan Stanley upped their price target on Eaton from $500.00 to $520.00 and gave the stock an "overweight" rating in a research note on Friday, August 28th. HSBC increased their price objective on shares of Eaton from $440.00 to $460.00 and gave the company a "buy" rating in a report on Monday, August 3rd. Finally, BNP Paribas Exane raised their target price on shares of Eaton from $490.00 to $500.00 and gave the company an "outperform" rating in a report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $483.91.

About Eaton

Eaton is a global power management company that designs and manufactures products and services intended to help customers manage electrical, hydraulic and mechanical power. Founded in 1911, the company serves customers across a range of industries, including utilities, commercial buildings, data centers, aerospace and transportation.

Its offerings include electrical distribution and circuit protection equipment, power quality and backup systems, and power management software and services.

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