EATON CORPORATION plc
In the published model solve dated 2026-Q2, anchored at $403.50, EATON CORPORATION plc (ETN) is priced for today's economics sustained for ~9.4 years. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed July 26, 2026 from SEC EDGAR filings.
• Eaton's biggest revenue line is Electrical Americas systems at roughly 37% of the total, and its twelve-month rolling order rate in that segment ran 42% higher organically in the first quarter of 2026, driven by data centre demand [Source: Q1 2026 results release, May 5, 2026]. • The specific risk is showing already: Electrical Americas sales rose 20% in the quarter while that segment's operating profits rose 2%, and company-wide segment margins of 22.7% were 120 basis points below the first q
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2,454 institutional managers reported holding ETN in 13F filings for the quarter ended 2026-03-31. Together they hold about 79% of the company; the top 10 hold 38%. 210 opened new positions that quarter. Held by Vanguard Group, BlackRock, State Street, among others. On the short side, 9.4M shares were sold short as of the 2026-06-15 count, about 2% of shares outstanding (4 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
ETN has cut its share count 2.7% over the past five years, spending $4.69B on repurchases. It pays a dividend, and has paid one every year in our records (14 and counting), raised 13 years straight; the current rate is $4.16 a share annually. Cash returned over the past three years: $4.23B in dividends and $4.35B in repurchases.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Open-market insider buys at ETN over the trailing three years: 2024: 2 buys totaling $812k; 2025: 3 buys totaling $143k. 25 officers and directors are on file.
Code P open-market purchases from SEC Form 4 filings, non-derivative, excluding scheduled 10b5-1 plans. Nothing here is investment advice.
ETN's recent reports: the day-one move, then what the following quarter actually did.
| report | day one | next quarter |
|---|---|---|
| 2023-05-03 | +2.1% | +15.4% |
| 2023-08-02 | +6.6% | -4.3% |
| 2023-11-01 | +8.6% | +8.5% |
| 2024-03-01 | +9.8% | +9.1% |
Day-one is the close-to-close move around the filing. Nothing here is investment advice.
ETN's latest 8-K filings: 2026-07-31 (items 2.02, 9.01); 2026-06-11 (items 7.01, 8.01, 9.01); 2026-05-05 (items 2.02, 9.01); 2026-04-23 (items 5.07); 2026-03-10 (items 1.02, 2.03, 9.01).
Item codes are the SEC's own classification of what each report discloses. Dates link to the filing on EDGAR. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: July 26, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.