Eaton (ETN)

• Market cap: $137B
• 1 day: 0.32%
• 5 days: 3.71%
• 1 month: -0.23%
• 3 months: -0.63%
• 6 months: 11.17%
• Year to date: 4.31%
• 1 year: 45.95%
• 5 years: 261.91%
• 10 years: 434.38%
• Sector: Industrials
• Industry: Miscellaneous Industrial & Commercial Machinery & Equipment

Fund manager confidence

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

60% more first-time investments, than exits

New positions opened: 195 | Existing positions closed: 122

43% more call options, than puts

Call options by funds: $1.19B | Put options by funds: $830M

16% more repeat investments, than reductions

Existing positions increased: 847 | Existing positions reduced: 733

6% more funds holding in top 10

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

2% more funds holding

Funds holding: 2,044 [Q2] → 2,084 (+40) [Q3]

2% less capital invested

Capital invested by funds: $114B [Q2] → $112B (-$1.78B) [Q3]

5.62% less ownership

Funds ownership: 90.51% [Q2] → 84.89% (-5.62%) [Q3]

Research analyst outlook

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

• Low target: $348 0% upside
• Avg. target: $390 13% upside
• High target: $440 27% upside

11 analyst ratings

• positive: 8 73%
• neutral: 3 27%
• negative: 0 0%

JP Morgan Stephen Tusa 73% 1-year accuracy 22 / 30 met price target	1% upside $348	Overweight Maintained	15 Jan 2025
Citigroup Andrew Kaplowitz 66% 1-year accuracy 53 / 80 met price target	18% upside $410	Buy Maintained	13 Jan 2025
Wells Fargo Joseph O'Dea 68% 1-year accuracy 21 / 31 met price target	1% upside $350	Equal-Weight Maintained	7 Jan 2025
RBC Capital Deane Dray 48% 1-year accuracy 30 / 62 met price target	13% upside $392	Outperform Maintained	3 Jan 2025
Jefferies Stephen Volkmann 27% 1-year accuracy 3 / 11 met price target	27% upside $440	Buy Maintained	6 Dec 2024