Rep. Val T. Hoyle Sells Eaton Corporation, PLC (NYSE:ETN) Shares

Key Points

• Representative Val T. Hoyle sold shares of Eaton Corporation (NYSE:ETN) worth between $1,001 and $15,000 on September 23rd, which was disclosed in a filing on October 10th.
• Eaton reported earnings per share of $2.95 for the last quarter, surpassing analysts' expectations, with a year-over-year revenue increase of 10.7%.
• The company declared a quarterly dividend of $1.04 per share, indicating an annualized dividend yield of 1.1% and a payout ratio of 41.85%.

Representative Val T. Hoyle (D-Oregon) recently sold shares of Eaton Corporation, PLC NYSE: ETN. In a filing disclosed on October 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Eaton stock on September 23rd. The trade occurred in the Representative's "FIDELITY ROLLOVER IRA" account.

Representative Val T. Hoyle also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Marriott International NASDAQ: MAR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Transdigm Group NYSE: TDG on 9/23/2025.
• Sold $1,001 - $15,000 in shares of H&R Block NYSE: HRB on 9/23/2025.
• Sold $1,001 - $15,000 in shares of NIKE NYSE: NKE on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Bank of New York Mellon NYSE: BK on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Cisco Systems NASDAQ: CSCO on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Capital One Financial NYSE: COF on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Pentair NYSE: PNR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Heico NYSE: HEI.A on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Target NYSE: TGT on 9/23/2025.

Eaton Stock Performance

Shares of ETN stock opened at $369.57 on Friday. The stock has a fifty day moving average price of $361.48 and a 200 day moving average price of $335.62. The stock has a market cap of $143.87 billion, a PE ratio of 37.18, a P/E/G ratio of 2.69 and a beta of 1.18. Eaton Corporation, PLC has a 1 year low of $231.85 and a 1 year high of $399.56. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.76 and a current ratio of 1.24.

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

Eaton Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, August 22nd. Stockholders of record on Thursday, August 7th were issued a $1.04 dividend. This represents a $4.16 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, August 7th. Eaton's dividend payout ratio (DPR) is currently 41.85%.

Institutional Investors Weigh In On Eaton

Hedge funds and other institutional investors have recently made changes to their positions in the business. Nuveen LLC purchased a new stake in Eaton during the first quarter valued at about $1,472,231,000. Ameriprise Financial Inc. grew its position in Eaton by 85.4% during the first quarter. Ameriprise Financial Inc. now owns 3,629,464 shares of the industrial products company's stock valued at $986,966,000 after acquiring an additional 1,672,175 shares during the period. Fayez Sarofim & Co grew its position in Eaton by 606.3% during the first quarter. Fayez Sarofim & Co now owns 1,025,903 shares of the industrial products company's stock valued at $282,262,000 after acquiring an additional 880,656 shares during the period. Invesco Ltd. grew its position in Eaton by 15.8% during the first quarter. Invesco Ltd. now owns 3,913,209 shares of the industrial products company's stock valued at $1,063,727,000 after acquiring an additional 533,774 shares during the period. Finally, Deutsche Bank AG grew its position in Eaton by 31.5% during the first quarter. Deutsche Bank AG now owns 2,043,535 shares of the industrial products company's stock valued at $555,494,000 after acquiring an additional 489,264 shares during the period. Hedge funds and other institutional investors own 82.97% of the company's stock.

Insider Transactions at Eaton

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

Wall Street Analysts Forecast Growth

ETN has been the subject of several research reports. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Eaton in a report on Wednesday. Melius raised Eaton from a "hold" rating to a "buy" rating and set a $495.00 price target for the company in a report on Monday, September 15th. Barclays boosted their price target on Eaton from $340.00 to $344.00 and gave the stock an "equal weight" rating in a report on Wednesday, August 6th. Rothschild & Co Redburn assumed coverage on Eaton in a report on Wednesday, August 20th. They issued a "neutral" rating and a $336.00 price target for the company. Finally, Daiwa Capital Markets assumed coverage on Eaton in a report on Thursday, September 11th. They issued an "outperform" rating and a $390.00 price target for the company. One investment analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $393.05.

About Representative Hoyle

Val Hoyle (Democratic Party) is a member of the U.S. House, representing Oregon's 4th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. Hoyle (Democratic Party) is running for re-election to the U.S. House to represent Oregon's 4th Congressional District. She declared candidacy for the 2026 election. Val Hoyle was born in California and lives in Springfield, Oregon. Hoyle graduated from Merrimack High School. She earned a B.A. in political science from Emmanuel College in 1992. Her career experience includes working as a director at United Way of Lane County, a policy fellow at Wayne Morse Center for Law and Politics, and a commissioner at the Oregon Bureau of Labor and Industries. Hoyle has also worked in domestic and international sales, as well as manufacturing distribution.

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.

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