Vista Investment Partners LLC Makes New Investment in Eaton Corporation, PLC $ETN

Key Points

• Vista Investment Partners acquired 11,884 Eaton shares worth approximately $5.1 million in the third quarter, while institutional investors collectively own 82.97% of the company.
• Eaton reported quarterly EPS of $3.15, topping estimates of $3.08, as revenue increased 21.4% year over year to $8.53 billion. The company guided for full-year 2026 EPS of $13.40–$13.60.
• Analysts maintain a broadly positive view, with the stock carrying a consensus “Buy” rating and a $456.50 price target. Eaton also pays a quarterly dividend of $1.10 per share, representing a 1.0% yield.

Vista Investment Partners LLC purchased a new stake in shares of Eaton Corporation, PLC (NYSE:ETN - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 11,884 shares of the industrial products company's stock, valued at approximately $5,107,000. Eaton accounts for about 1.3% of Vista Investment Partners LLC's holdings, making the stock its 24th biggest holding.

Several other large investors also recently modified their holdings of the company. Hilton Head Capital Partners LLC purchased a new position in shares of Eaton in the fourth quarter worth approximately $26,000. Security National Bank of SO Dak bought a new position in Eaton in the second quarter worth approximately $26,000. Manning & Napier Advisors LLC purchased a new position in shares of Eaton during the 2nd quarter worth $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in shares of Eaton during the 4th quarter valued at $28,000. Finally, Boreal Capital Management LLC bought a new position in Eaton in the 1st quarter worth $33,000. Institutional investors own 82.97% of the company's stock.

Insider Transactions at Eaton

In other news, Director Gerald Johnson bought 130 shares of the firm's stock in a transaction that occurred on Thursday, August 13th. The shares were bought at an average cost of $455.90 per share, for a total transaction of $59,267.00. Following the completion of the transaction, the director owned 1,829 shares of the company's stock, valued at approximately $833,841.10. This represents a 7.65% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Heath Monesmith sold 18,036 shares of the firm'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 value of $8,261,209.44. Following the transaction, the insider owned 50,368 shares of the company's stock, valued at $23,070,558.72. This represents a 26.37% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.10% of the company's stock.

Eaton Price Performance

ETN stock traded down $7.08 during midday trading on Thursday, hitting $424.25. The company's stock had a trading volume of 1,268,999 shares, compared to its average volume of 2,511,002. Eaton Corporation, PLC has a 12 month low of $311.92 and a 12 month high of $478.00. The company has a quick ratio of 0.79, a current ratio of 1.24 and a debt-to-equity ratio of 0.91. The firm has a market capitalization of $164.78 billion, a price-to-earnings ratio of 43.00, a price-to-earnings-growth ratio of 2.58 and a beta of 1.13. The company has a 50 day moving average of $425.46 and a two-hundred day moving average of $407.99.

Eaton (NYSE:ETN - Get Free Report) last released its quarterly earnings data on Friday, July 31st. The industrial products company reported $3.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.08 by $0.07. Eaton had a net margin of 12.75% and a return on equity of 24.58%. The firm had revenue of $8.53 billion for the quarter, compared to analysts' expectations of $8.16 billion. During the same quarter last year, the business posted $2.95 earnings per share. The company's revenue for the quarter was up 21.4% compared to the same quarter last year. Eaton has set its Q3 2026 guidance at 3.460-3.560 EPS and its FY 2026 guidance at 13.400-13.600 EPS. On average, analysts expect that Eaton Corporation, PLC will post 13.57 EPS for the current year.

Eaton Dividend Announcement

The company also recently disclosed 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 dividend on an annualized basis and a dividend yield of 1.0%. Eaton's dividend payout ratio (DPR) is presently 44.76%.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Royal Bank Of Canada boosted their price target on Eaton from $484.00 to $512.00 and gave the company an "outperform" rating in a report on Monday, August 3rd. BMO Capital Markets boosted their price objective on Eaton from $477.00 to $487.00 and gave the company an "outperform" rating in a research note on Monday, August 3rd. Evercore upgraded shares of Eaton from an "in-line" rating to an "outperform" rating and set a $502.00 target price on the stock in a research note on Monday, August 3rd. Weiss Ratings upgraded shares of Eaton from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Friday, August 28th. Finally, Robert W. Baird set a $500.00 price objective on shares of Eaton and gave the stock an "outperform" rating in a research note on Thursday, August 20th. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of $456.50.

About Eaton

Eaton Corporation plc NYSE: ETN is a global power management company that helps customers manage electrical, hydraulic and mechanical power more safely, efficiently and reliably. Its products and systems serve commercial, industrial, utility, data center, residential, aerospace, vehicle and mobility applications.

The company's electrical businesses provide circuit protection and control equipment, power distribution systems, connectivity solutions, backup power and other technologies used to support critical infrastructure and improve energy efficiency.

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