Farther Finance Advisors LLC Acquires 3,203 Shares of Eaton Corporation, PLC $ETN

Farther Finance Advisors LLC increased its holdings in shares of Eaton Corporation, PLC (NYSE:ETN) by 25.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 15,862 shares of the industrial products company’s stock after purchasing an additional 3,203 shares during the quarter. Farther Finance Advisors LLC’s holdings in Eaton were worth $5,936,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the business. WFA of San Diego LLC purchased a new stake in Eaton during the 2nd quarter valued at approximately $36,000. SOA Wealth Advisors LLC. lifted its holdings in shares of Eaton by 36.0% in the second quarter. SOA Wealth Advisors LLC. now owns 136 shares of the industrial products company’s stock worth $49,000 after buying an additional 36 shares in the last quarter. Saudi Central Bank bought a new position in shares of Eaton during the first quarter worth $42,000. Salomon & Ludwin LLC grew its stake in Eaton by 142.3% during the second quarter. Salomon & Ludwin LLC now owns 172 shares of the industrial products company’s stock valued at $62,000 after acquiring an additional 101 shares in the last quarter. Finally, Vermillion & White Wealth Management Group LLC bought a new stake in Eaton in the 1st quarter valued at $54,000. 82.97% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Director Gerald Johnson acquired 200 shares of the firm’s stock in a transaction on Tuesday, November 18th. The stock was acquired at an average price of $339.89 per share, with a total value of $67,978.00. Following the completion of the purchase, the director directly owned 400 shares in the company, valued at approximately $135,956. This trade represents a 100.00% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last 90 days, insiders have bought 500 shares of company stock valued at $174,389. Corporate insiders own 0.30% of the company’s stock.

Eaton Price Performance

Shares of Eaton stock opened at $322.78 on Wednesday. The stock has a 50 day moving average price of $353.44 and a 200-day moving average price of $357.69. Eaton Corporation, PLC has a one year low of $231.85 and a one year high of $399.56. The stock has a market cap of $125.37 billion, a price-to-earnings ratio of 32.28, a price-to-earnings-growth ratio of 2.32 and a beta of 1.17. 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 (NYSE:ETN) last issued its quarterly earnings results on Tuesday, November 4th. The industrial products company reported $3.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.06 by $0.01. Eaton had a return on equity of 24.36% and a net margin of 14.74%.The company had revenue of $6.99 billion during the quarter, compared to the consensus estimate of $7.09 billion. Eaton has set its Q4 2025 guidance at 3.230-3.430 EPS and its FY 2025 guidance at 11.970-12.170 EPS. Equities analysts expect that Eaton Corporation, PLC will post 12.02 EPS for the current year.

Eaton Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, November 21st. Investors of record on Thursday, November 6th were issued a dividend of $1.04 per share. This represents a $4.16 annualized dividend and a yield of 1.3%. The ex-dividend date was Thursday, November 6th. Eaton’s dividend payout ratio is presently 41.60%.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on ETN shares. Royal Bank Of Canada raised their price objective on Eaton from $425.00 to $432.00 and gave the company an “outperform” rating in a research report on Wednesday, November 5th. Weiss Ratings reissued a “buy (b-)” rating on shares of Eaton in a research note on Wednesday, October 8th. Mizuho lifted their price objective on Eaton from $385.00 to $425.00 and gave the stock an “outperform” rating in a research note on Friday, October 17th. Melius upgraded Eaton from a “hold” rating to a “buy” rating and set a $495.00 target price for the company in a research report on Monday, September 15th. Finally, Citigroup boosted their price target on shares of Eaton from $438.00 to $442.00 and gave the stock a “buy” rating in a research report on Thursday, October 9th. One 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. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $394.62.

Eaton Profile

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.