Temasek Holdings Private Ltd Has $92.52 Million Holdings in Eaton Corporation, PLC $ETN

Key Points

• Temasek Holdings Private Ltd increased its stake in Eaton Corporation by 112.5%, acquiring an additional 180,233 shares, bringing its total to 340,376 shares worth approximately $92.5 million.
• Several institutional investors, including Vanguard Group and Goldman Sachs, have also increased their holdings in Eaton, with institutional ownership comprising 82.97% of the company's stock.
• Eaton recently announced a quarterly dividend of $1.04 per share, reflecting an annualized dividend of $4.16 and a dividend yield of 1.2%.

Temasek Holdings Private Ltd boosted its stake in Eaton Corporation, PLC (NYSE:ETN - Free Report) by 112.5% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 340,376 shares of the industrial products company's stock after acquiring an additional 180,233 shares during the quarter. Temasek Holdings Private Ltd owned about 0.09% of Eaton worth $92,524,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. IMA Advisory Services Inc. purchased a new position in Eaton in the 1st quarter worth approximately $25,000. Capital A Wealth Management LLC acquired a new position in shares of Eaton in the 4th quarter valued at approximately $26,000. Creative Financial Designs Inc. ADV raised its position in shares of Eaton by 102.0% in the 1st quarter. Creative Financial Designs Inc. ADV now owns 101 shares of the industrial products company's stock valued at $27,000 after purchasing an additional 51 shares in the last quarter. Vermillion Wealth Management Inc. acquired a new position in shares of Eaton in the 4th quarter valued at approximately $33,000. Finally, Abound Wealth Management raised its position in shares of Eaton by 73.8% in the 1st quarter. Abound Wealth Management now owns 146 shares of the industrial products company's stock valued at $40,000 after purchasing an additional 62 shares in the last quarter. Hedge funds and other institutional investors own 82.97% of the company's stock.

Eaton Price Performance

ETN stock traded down $1.55 during trading hours on Tuesday, hitting $347.94. 1,759,315 shares of the stock traded hands, compared to its average volume of 1,818,921. The stock has a 50-day simple moving average of $361.99 and a 200 day simple moving average of $322.90. Eaton Corporation, PLC has a one year low of $231.85 and a one year high of $399.56. The company has a market cap of $135.45 billion, a P/E ratio of 35.00, a P/E/G ratio of 2.50 and a beta of 1.16. The company has a current ratio of 1.24, a quick ratio of 0.76 and a debt-to-equity ratio of 0.47.

Eaton (NYSE:ETN - Get Free Report) last announced its earnings results on Tuesday, August 5th. The industrial products company reported $2.95 earnings per share for the quarter, beating the consensus estimate of $2.92 by $0.03. Eaton had a return on equity of 23.91% and a net margin of 15.11%.The business had revenue of $7.03 billion during the quarter, compared to analysts' expectations of $6.93 billion. During the same quarter last year, the business posted $2.73 earnings per share. The company's quarterly revenue was up 10.7% on a year-over-year basis. Eaton has set its Q3 2025 guidance at 3.010-3.070 EPS. FY 2025 guidance at 11.970-12.170 EPS. Equities analysts forecast that Eaton Corporation, PLC will post 12.02 earnings per share for the current year.

Eaton Announces Dividend

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

Insider Buying and Selling at Eaton

In related news, insider Olivier Leonetti sold 16,018 shares of the stock in a transaction on Thursday, August 7th. The stock was sold at an average price of $358.39, for a total value of $5,740,691.02. Following the completion of the transaction, the insider owned 630 shares in the company, valued at $225,785.70. This trade represents a 96.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.30% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

ETN has been the topic of a number of recent analyst reports. Sanford C. Bernstein reaffirmed an "outperform" rating and issued a $396.00 target price on shares of Eaton in a research report on Monday, July 14th. Evercore ISI upped their price target on Eaton from $326.00 to $349.00 and gave the company an "in-line" rating in a research report on Monday, May 19th. Citigroup increased their target price on Eaton from $420.00 to $425.00 and gave the stock a "buy" rating in a research report on Wednesday, August 6th. Barclays increased their target price on Eaton from $340.00 to $344.00 and gave the stock an "equal weight" rating in a research report on Wednesday, August 6th. Finally, The Goldman Sachs Group increased their target price on Eaton from $345.00 to $382.00 and gave the stock a "buy" rating in a research report on Tuesday, July 8th. Fourteen equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Eaton has a consensus rating of "Moderate Buy" and an average price target of $379.10.

About Eaton

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.