EatonETN
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 Q1 regulatory disclosures by fund managers ($100M+ AUM)
75% more call options, than puts
Call options by funds: $1.75B | Put options by funds: $997M
17% more repeat investments, than reductions
Existing positions increased: 914 | Existing positions reduced: 782
0.2% less ownership
Funds ownership: 81.92% [Q4 2024] → 81.72% (-0.2%) [Q1 2025]
5% less funds holding
Funds holding: 2,241 [Q4 2024] → 2,139 (-102) [Q1 2025]
19% less capital invested
Capital invested by funds: $107B [Q4 2024] → $87B (-$20.5B) [Q1 2025]
24% less first-time investments, than exits
New positions opened: 161 | Existing positions closed: 211
50% less funds holding in top 10
Funds holding in top 10: 62 [Q4 2024] → 31 (-31) [Q1 2025]
Research analyst outlook
10 Wall Street Analysts provided 1 year price targets over the past 3 months
10 analyst ratings
Barclays Julian Mitchell | 0%downside $323 | Equal-Weight Maintained | 9 Jun 2025 |
Evercore ISI Group David Raso | 8%upside $349 | In-Line Maintained | 19 May 2025 |
JP Morgan Stephen Tusa | 11%upside $360 | Overweight Maintained | 16 May 2025 |
Exane BNP Paribas Andrew Buscaglia | 17%upside $380 | Outperform Initiated | 15 May 2025 |
Morgan Stanley Chris Snyder | 16%upside $375 | Overweight Maintained | 6 May 2025 |
Financial journalist opinion
Based on 11 articles about ETN published over the past 30 days









