Insider Selling: Eaton (NYSE:ETN) Insider Sells $4,178,513.82 in Stock

Eaton Corporation, PLC (NYSE:ETN) insider Sternadt Paulo Ruiz sold 10,707 shares of the firm’s stock in a transaction that occurred on Thursday, February 12th. The stock was sold at an average price of $390.26, for a total transaction of $4,178,513.82. Following the transaction, the insider owned 27,729 shares of the company’s stock, valued at approximately $10,821,519.54. The trade was a 27.86% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Eaton Trading Down 0.3%

ETN opened at $389.22 on Monday. Eaton Corporation, PLC has a twelve month low of $231.85 and a twelve month high of $408.45. The company has a fifty day moving average of $340.04 and a 200-day moving average of $354.13. The stock has a market cap of $151.17 billion, a PE ratio of 37.21, a price-to-earnings-growth ratio of 2.68 and a beta of 1.19. The company has a quick ratio of 0.81, a current ratio of 1.32 and a debt-to-equity ratio of 0.45.

Eaton (NYSE:ETN) last released its earnings results on Tuesday, February 3rd. The industrial products company reported $3.33 earnings per share (EPS) for the quarter, meeting the consensus estimate of $3.33. Eaton had a net margin of 14.89% and a return on equity of 25.00%. The business had revenue of $7.06 billion for the quarter, compared to analyst estimates of $7.15 billion. During the same quarter in the previous year, the business earned $2.83 earnings per share. Eaton’s revenue for the quarter was up 13.1% on a year-over-year basis. Eaton has set its Q1 2026 guidance at 2.650-2.850 EPS and its FY 2026 guidance at 13.000-13.500 EPS. On average, sell-side analysts predict that Eaton Corporation, PLC will post 12.02 EPS for the current year.

Analyst Ratings Changes

Several analysts have recently commented on ETN shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Eaton in a research report on Wednesday, January 21st. Barclays cut their target price on shares of Eaton from $362.00 to $350.00 and set an “equal weight” rating on the stock in a research note on Wednesday, January 7th. UBS Group reaffirmed a “neutral” rating and issued a $360.00 price target (down from $440.00) on shares of Eaton in a research note on Sunday, January 4th. Royal Bank Of Canada reiterated an “outperform” rating and set a $407.00 price objective on shares of Eaton in a report on Wednesday, February 4th. Finally, JPMorgan Chase & Co. reduced their target price on Eaton from $440.00 to $406.00 and set an “overweight” rating for the company in a research note on Friday, January 16th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $389.89.

Institutional Investors Weigh In On Eaton

A number of institutional investors and hedge funds have recently made changes to their positions in ETN. Cornerstone Planning Group LLC boosted its stake in Eaton by 9.3% during the 3rd quarter. Cornerstone Planning Group LLC now owns 328 shares of the industrial products company’s stock valued at $126,000 after purchasing an additional 28 shares during the last quarter. MTM Investment Management LLC boosted its position in shares of Eaton by 0.6% during the third quarter. MTM Investment Management LLC now owns 4,802 shares of the industrial products company’s stock valued at $1,797,000 after buying an additional 29 shares during the last quarter. Lyell Wealth Management LP grew its holdings in Eaton by 3.2% during the second quarter. Lyell Wealth Management LP now owns 975 shares of the industrial products company’s stock worth $348,000 after buying an additional 30 shares in the last quarter. Pring Turner Capital Group Inc. lifted its stake in Eaton by 0.3% during the 4th quarter. Pring Turner Capital Group Inc. now owns 10,528 shares of the industrial products company’s stock valued at $3,353,000 after acquiring an additional 30 shares in the last quarter. Finally, Correct Capital Wealth Management lifted its stake in Eaton by 0.9% during the 3rd quarter. Correct Capital Wealth Management now owns 3,477 shares of the industrial products company’s stock valued at $1,301,000 after acquiring an additional 31 shares in the last quarter. Institutional investors and hedge funds own 82.97% of the company’s stock.

Eaton Company 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.