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 Q2 regulatory disclosures by fund managers ($100M+ AUM)
140% more call options, than puts
Call options by funds: $2.72B | Put options by funds: $1.13B
134% more first-time investments, than exits
New positions opened: 285 | Existing positions closed: 122
97% more funds holding in top 10
Funds holding in top 10: 31 [Q1] → 61 (+30) [Q2]
33% more capital invested
Capital invested by funds: $87.2B [Q1] → $116B (+$29B) [Q2]
23% more repeat investments, than reductions
Existing positions increased: 924 | Existing positions reduced: 751
5% more funds holding
Funds holding: 2,161 [Q1] → 2,270 (+109) [Q2]
1.33% more ownership
Funds ownership: 81.95% [Q1] → 83.28% (+1.33%) [Q2]
Research analyst outlook
8 Wall Street Analysts provided 1 year price targets over the past 3 months
8 analyst ratings
Redburn Atlantic Richard Radbourne | 5%downside $336 | Neutral Initiated | 20 Aug 2025 |
Raymond James Tim Thein | 18%upside $415 | Outperform Maintained | 7 Aug 2025 |
Citigroup Andrew Kaplowitz | 21%upside $425 | Buy Maintained | 6 Aug 2025 |
Barclays Julian Mitchell | 2%downside $344 | Equal-Weight Maintained | 6 Aug 2025 |
Morgan Stanley Chris Snyder | 21%upside $425 | Overweight Maintained | 6 Aug 2025 |
Financial journalist opinion
Based on 22 articles about ETN published over the past 30 days
