Eaton (ETN)

• Market cap: $143B
• 1 day: -0.79%
• 5 days: -3.44%
• 1 month: 6.20%
• 3 months: 18.69%
• 6 months: 6.22%
• Year to date: 50.27%
• 1 year: 59.09%
• 5 years: 291.10%
• 10 years: 435.17%
• Sector: Industrials
• Industry: Miscellaneous Industrial & Commercial Machinery & Equipment

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

44% more call options, than puts

Call options by funds: $1.18B | Put options by funds: $820M

14% more repeat investments, than reductions

Existing positions increased: 824 | Existing positions reduced: 721

6% more funds holding in top 10

Funds holding in top 10: 63 [Q2] → 67 (+4) [Q3]

0% less funds holding

Funds holding: 2,038 [Q2] → 2,037 (-1) [Q3]

1% less first-time investments, than exits

New positions opened: 188 | Existing positions closed: 189

1% less capital invested

Capital invested by funds: $107B [Q2] → $106B (-$1.33B) [Q3]

5.0% less ownership

Funds ownership: 84.96% [Q2] → 79.96% (-5.0%) [Q3]

Research analyst outlook

14 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $320 11% downside
• Avg. target: $367 2% upside
• High target: $431 20% upside

14 analyst ratings

• positive: 10 71%
• neutral: 4 29%
• negative: 0 0%

UBS Amit Mehrotra 70% 1-year accuracy 7 / 10 met price target	20% upside $431	Buy Assumed	13 Nov 2024
B of A Securities Andrew Obin 92% 1-year accuracy 22 / 24 met price target	14% upside $410	Buy Maintained	13 Nov 2024
Evercore ISI Group David Raso 83% 1-year accuracy 15 / 18 met price target	8% upside $389	In-Line Downgraded	13 Nov 2024
Bernstein Chad Dillard 100% 1-year accuracy 2 / 2 met price target	6% upside $382	Outperform Initiated	5 Nov 2024
Mizuho Brett Linzey 97% 1-year accuracy 28 / 29 met price target	7% upside $385	Outperform Maintained	1 Nov 2024