Eaton
ETN
About: Founded in 1911 by Joseph Eaton, the eponymous company began by selling truck axles in New Jersey. Eaton has since become an industrial powerhouse largely through acquisitions in various end markets. Eaton's portfolio can broadly be divided into two parts: its electrical and industrial businesses. Its electrical portfolio (representing around 70% of company revenue) sells components within data centers, utilities, and commercial and residential buildings, while its industrial business (30% of revenue) sells components within commercial and passenger vehicles and aircraft. Eaton receives favorable tax treatment as a domiciliary of Ireland, but it generates over half of its revenue within the US.
Employees: 94,000
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
131% more first-time investments, than exits
New positions opened: 287 | Existing positions closed: 124
120% more call options, than puts
Call options by funds: $3.1B | Put options by funds: $1.41B
97% more funds holding in top 10
Funds holding in top 10: 31 [Q1] → 61 (+30) [Q2]
34% more capital invested
Capital invested by funds: $87.2B [Q1] → $117B (+$29.3B) [Q2]
24% more repeat investments, than reductions
Existing positions increased: 932 | Existing positions reduced: 754
6% more funds holding
Funds holding: 2,162 [Q1] → 2,283 (+121) [Q2]
1.57% more ownership
Funds ownership: 81.97% [Q1] → 83.54% (+1.57%) [Q2]
Research analyst outlook
9 Wall Street Analysts provided 1 year price targets over the past 3 months
9 analyst ratings
Daiwa Capital
Jairam Nathan
|
$390
|
Outperform
Initiated
|
11 Sep 2025 |
Redburn Atlantic
Richard Radbourne
|
$336
|
Neutral
Initiated
|
20 Aug 2025 |
Raymond James
Tim Thein
|
$415
|
Outperform
Maintained
|
7 Aug 2025 |
Citigroup
Andrew Kaplowitz
|
$425
|
Buy
Maintained
|
6 Aug 2025 |
Barclays
Julian Mitchell
|
$344
|
Equal-Weight
Maintained
|
6 Aug 2025 |
Morgan Stanley
Chris Snyder
|
$425
|
Overweight
Maintained
|
6 Aug 2025 |
Keybanc
Ken Newman
|
$410
|
Overweight
Maintained
|
15 Jul 2025 |
Goldman Sachs
Joe Ritchie
|
$382
|
Buy
Maintained
|
8 Jul 2025 |
Wells Fargo
Joseph O'Dea
|
$360
|
Equal-Weight
Maintained
|
1 Jul 2025 |
Financial journalist opinion
Based on 11 articles about ETN published over the past 30 days