Representative David Taylor (R-Ohio) recently bought shares of Eaton Corporation, PLC (NYSE:ETN). In a filing disclosed on December 19th, the Representative disclosed that they had bought between $1,001 and $15,000 in Eaton stock on December 10th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) – DAVE” account.
Representative David Taylor also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 12/10/2025.
- Sold $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 12/10/2025.
- Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 12/3/2025.
- Sold $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 12/3/2025.
- Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 11/12/2025.
- Purchased $1,001 – $15,000 in shares of RPM International (NYSE:RPM) on 11/11/2025.
- Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 11/11/2025.
- Sold $1,001 – $15,000 in shares of American Electric Power (NASDAQ:AEP) on 11/3/2025.
- Purchased $1,001 – $15,000 in shares of Installed Building Products (NYSE:IBP) on 11/3/2025.
- Purchased $1,001 – $15,000 in shares of Progressive (NYSE:PGR) on 11/3/2025.
Eaton Stock Up 0.9%
NYSE ETN opened at $320.61 on Tuesday. Eaton Corporation, PLC has a twelve month low of $231.85 and a twelve month high of $399.56. The stock has a market cap of $124.53 billion, a PE ratio of 32.06, a PEG ratio of 2.30 and a beta of 1.17. The firm has a 50-day simple moving average of $354.48 and a 200 day simple moving average of $357.75. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.79 and a current ratio of 1.28.
Eaton Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Friday, November 21st. Stockholders of record on Thursday, November 6th were given a dividend of $1.04 per share. The ex-dividend date of this dividend was Thursday, November 6th. This represents a $4.16 dividend on an annualized basis and a dividend yield of 1.3%. Eaton’s dividend payout ratio is currently 41.60%.
Wall Street Analyst Weigh In
A number of brokerages have recently issued reports on ETN. Daiwa Capital Markets initiated coverage on shares of Eaton in a research note on Thursday, September 11th. They issued an “outperform” rating and a $390.00 price objective for the company. Sanford C. Bernstein set a $295.00 price target on shares of Eaton in a research report on Friday. Melius raised Eaton from a “hold” rating to a “buy” rating and set a $495.00 price objective on the stock in a report on Monday, September 15th. Wolfe Research raised Eaton from a “peer perform” rating to an “outperform” rating and set a $413.00 target price for the company in a report on Tuesday, December 9th. Finally, Wall Street Zen cut Eaton from a “buy” rating to a “hold” rating in a report on Saturday, September 13th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $394.62.
Check Out Our Latest Analysis on Eaton
Institutional Trading of Eaton
Several institutional investors and hedge funds have recently made changes to their positions in the business. Alliancebernstein L.P. increased its position in shares of Eaton by 12.2% during the 1st quarter. Alliancebernstein L.P. now owns 3,659,851 shares of the industrial products company’s stock worth $994,857,000 after purchasing an additional 397,114 shares during the last quarter. Ameriprise Financial Inc. grew its position in shares of Eaton by 85.4% in the 1st 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. Amundi increased its stake in shares of Eaton by 8.0% during the 1st quarter. Amundi now owns 2,805,613 shares of the industrial products company’s stock worth $735,250,000 after purchasing an additional 208,676 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Eaton by 5.8% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 2,544,411 shares of the industrial products company’s stock valued at $691,647,000 after purchasing an additional 139,124 shares during the period. Finally, Fayez Sarofim & Co raised its holdings in shares of Eaton by 3.4% in the 3rd quarter. Fayez Sarofim & Co now owns 1,256,177 shares of the industrial products company’s stock valued at $474,444,000 after purchasing an additional 40,792 shares during the period. Institutional investors own 82.97% of the company’s stock.
Insider Buying and Selling
In other Eaton news, Director Gerald Johnson purchased 200 shares of the stock in a transaction on Tuesday, November 18th. The shares were purchased at an average price of $339.89 per share, with a total value of $67,978.00. Following the completion of the transaction, the director directly owned 400 shares in the company, valued at $135,956. This represents a 100.00% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders bought a total of 500 shares of company stock worth $174,389 in the last three months. Company insiders own 0.30% of the company’s stock.
About Representative Taylor
David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.
David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.
About Eaton
Eaton (NYSE: ETN) is a diversified power management company that designs, manufactures and distributes products and systems to manage electrical, hydraulic and mechanical power. The company’s offerings are used to improve energy efficiency, reliability and safety across a wide range of applications, with core capabilities in electrical distribution and control, industrial hydraulics and aerospace systems.
Its product portfolio includes switchgear, circuit breakers, transformers, power distribution units, uninterruptible power supplies and surge protection devices for electrical infrastructure, along with hydraulic pumps, valves and filtration systems for industrial and mobile equipment.
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