Vaughan Nelson Investment Management, L.P. Reduces $2M in Eaton Corporation plc ($ETN)
Vaughan Nelson trimmed its Eaton stake by 4,465 shares, now holding 363,880 shares.
Key Points
- Vaughan Nelson Investment Management cut its Eaton stake by 4,465 shares, a 1.2% reduction, now holding 363,880 shares valued at $142.4 million.
- Eaton's stock, trading at $391.39, has a market cap of $151.98 billion and a P/E ratio of 38.3, with a 52-week range between $311.92 and $435.43.
- BlackRock increased its Eaton shares by 1,150,092, while Vanguard Capital Management added 25,246,116 shares.
Vaughan Nelson Investment Management, L.P. has trimmed its position in Eaton Corporation plc (NYSE: ETN) as reflected in its latest 13F filing with the SEC. The investment firm reduced its holdings by 4,465 shares, a 1.2% decrease, leaving it with 363,880 shares valued at approximately $142.4 million.
What Changed in Vaughan Nelson's Eaton Position
Vaughan Nelson's recent move saw its Eaton holdings drop from 368,345 to 363,880 shares, a reduction of 4,465 shares, or 1.2%. The adjusted position is valued at about $142.4 million at the time of the filing.
Other Institutional Activity in Eaton
BlackRock, Inc. grew its holdings in Eaton by 1,150,092 shares, ending with 30,544,170 shares worth about $10.92 billion. Vanguard Capital Management LLC added 25,246,116 shares, resulting in a total of 25,246,116 shares valued at approximately $9.03 billion. JPMorgan Chase & Co increased its position by 1,121,714 shares, holding 19,300,911 shares valued at about $6.63 billion. State Street Corp added 115,502 shares, bringing its total to 16,976,823 shares worth roughly $6.07 billion. Morgan Stanley also boosted its share count by 132,833, reaching 13,111,623 shares valued at $4.69 billion.
Eaton Stock Snapshot
Shares of Eaton Corporation (NYSE: ETN) traded near $391.39. The company has a market cap of approximately $151.98 billion and a price-to-earnings (P/E) ratio of 38.3. Its 52-week trading range has been between $311.92 and $435.43. The stock's 50-day moving average is $401.77, and the 200-day moving average is $367.58. Eaton's beta is 1.192, indicating it is slightly more volatile than the market.
Recent Earnings
Eaton reported revenue of $28.52 billion, with a growth rate of 16.8%. The company achieved a net margin of 13.99% and a return on equity (ROE) of 20.8%. Its earnings per share (EPS) were $10.22. The next earnings announcement is scheduled for May 5, 2026.
Dividend
Eaton offers an annual dividend rate of $4.40, yielding 1.12%. The dividend payout ratio stands at 41.29%, indicating a sustainable distribution of earnings to shareholders.
Insider Buying and Selling at Eaton Corporation plc
On May 22, 2026, Dorothy Thompson sold 167 shares at an average price of $385.00. Antonio Galvao, President of Eaton's Mobility Group, sold 494 shares on May 13, 2026, at $405.86 each. Gerald Johnson purchased 215 shares on May 11, 2026, at $419.02, and 746 shares on May 8, 2026, at $402.29. Sandra Pianalto acquired 621 shares on May 6, 2026, without a specified price. Silvio Napoli sold 299 shares at $416.50 on the same day.
Analysts Set New Price Targets
On May 6, 2026, JP Morgan maintained its 'buy' rating on Eaton with a price target of $445. Citigroup and RBC Capital also kept their 'buy' ratings, setting targets at $471 and $484, respectively. Barclays and Wells Fargo maintained 'hold' ratings with targets of $392 and $425, respectively. Keybanc also retained a 'buy' rating with a target of $480.
About Eaton Corporation
Eaton Corporation plc is a global power management company headquartered in Dublin, Ireland. It operates through several segments including Electrical Americas, Electrical Global, Aerospace, Vehicle, and eMobility. The company designs and manufactures products such as electrical components, power distribution systems, hydraulic systems, and vehicle components. Eaton serves a wide range of markets, including commercial and military aerospace, industrial, and automotive sectors. Founded in 1911, Eaton employs over 97,000 people worldwide.
Bottom Line
Vaughan Nelson's trimming of its Eaton stake reflects a minor adjustment in its portfolio, decreasing its holdings by 4,465 shares. Eaton remains a significant player in the industrial machinery sector, with strong market performance and solid earnings growth. Investors and analysts continue to keep a close watch on Eaton's developments, as indicated by recent analyst ratings and insider trading activity. As always, 13F filings offer a historical snapshot and may not represent current holdings.
See Also
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