Following the sale, the director now owns 46,386 shares in the company, valued at approximately $3,394,063.62. The company serves industrial, institutional, governmental, utility, commercial, residential, information technology, renewable energy, marine, agriculture, oil and gas, construction, mining, forestry, material handling, truck and bus, machine tools, molding, primary metals, and power generation markets, as well as original equipment manufacturers and aftermarket customers of heavy, medium, and light-duty trucks, SUVs, CUVs, passenger cars, and agricultural equipment. The stock rose 0.73% or $0.53 reaching $73.16 per share.
About 17,260 shares traded. It has underperformed by 28.54% the S&P500. Usca Ria Ltd has invested 1.02% in Eaton Corporation, PLC Ordinary Shares (NYSE:ETN).
In other news, Director Deborah L. Mccoy sold 6,450 shares of Eaton Corporation, PLC stock in a transaction that occurred on Monday, September 11th. The stock rose 0.33% or $0.26 reaching $78.33. About 448,710 shares traded.
Investment analysts at William Blair reduced their Q3 2017 earnings estimates for shares of Eaton Corporation, PLC in a research report issued to clients and investors on Friday. It has outperformed by 14.32% the S&P500.
Investors sentiment decreased to 1.07 in Q2 2017. It is negative, as 37 investors sold ETN shares while 289 reduced holdings.
These funds have shifted positions in (ETN). Roughly 4.35 million shares changed hands compared to the three-month volume average 3.07 million shares. Ironwood Inv Counsel Ltd Com owns 9,544 shares. Mirae Asset Global Invs Limited reported 93,731 shares. Pensionfund Dsm Netherlands owns 55,356 shares for 0.56% of their portfolio.
Eaton Corporation (Eaton) is a diversified power management company. Driehaus Capital Mgmt Ltd Limited Liability Company owns 16,200 shares for 0.04% of their portfolio. 81,480 were accumulated by Kelly Lawrence W & Ca.
Investors are more bearish on shares of Eaton Corporation, PLC Ordinary recently as indicated by the change in short interest. Scotia holds 0.02% or 17,199 shares in its portfolio. Rampart Mngmt Lc holds 0.17% of its portfolio in Eaton Corporation, PLC Ordinary Shares (NYSE:ETN) for 5,936 shares. Tarbox Family Office Inc has 0.01% invested in Equity Residential (NYSE:EQR) for 170 shares. World Asset Mngmt accumulated 41,076 shares. 3,794 are held by Capital One National Association. Blackrock, a New York-based fund reported 28.81M shares. HSBC initiated Eaton Corporation, PLC Ordinary Shares (NYSE:ETN) on Friday, October 7 with "Buy" rating. On average, analysts predict that Eaton Corporation, PLC will post $4.60 EPS for the current year. T_HR's profit would be $56.99M giving it 17.64 P/E if the $0.46 EPS is correct. Next quarter's EPS is estimated at $1.22 and the next full year EPS is anticipated to be $5.10. Therefore 21% are positive. The value of the total investment in Eaton Corporation, PLC Ordinary went from $2,990,000 to $2,241,000 decreasing 25.1% for the reporting period. The rating was maintained by Buckingham Research on Monday, May 2 with "Neutral".
On July 11 Morgan Stanley made no change to the stock rating of "Overweight" and moved up the price target to $90.00 from $80.00. Jefferies Group LLC restated a "hold" rating and set a $75.00 target price on shares of Eaton Corporation, PLC in a report on Thursday, August 24th. The firm earned "Hold" rating on Thursday, August 24 by Jefferies. The firm has "Hold" rating by Vertical Research given on Tuesday, January 3. The Beta for the company stands at 1.37 and its Average True Range (ATR) shows a value of 1.09. RBC Capital Markets maintained it with "Buy" rating and $30.0 target in Monday, October 9 report. Cowen & Co upgraded Healthcare Realty Trust Inc (NYSE:HR) on Wednesday, March 23 to "Market Perform" rating. Jefferies maintained it with "Hold" rating and $800 target in Wednesday, July 19 report.
Plante Moran Financial Advisors Llc, which manages about $10.58 billion and $159.93 million US Long portfolio, upped its stake in Spdr S&P 500 Etf (SPY) by 36,109 shares to 40,409 shares, valued at $9.77 million in 2017Q2, according to the filing. Sandhill Capital Partners LLC now owns 239,555 shares of the industrial products company's stock worth $18,645,000 after purchasing an additional 4,458 shares during the last quarter. Therefore 67% are positive. Finally, BidaskClub downgraded shares of Eaton Corporation, PLC from a "sell" rating to a "strong sell" rating in a report on Thursday, August 10th. As per Wednesday, November 9, the company rating was maintained by Mizuho. The rating was downgraded by KeyBanc Capital Markets to "Underweight" on Friday, December 16. The rating was maintained by RBC Capital Markets on Monday, June 5 with "Hold". Four investment analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have assigned a buy rating to the company's stock. Wall Street is only getting more bullish on the stock, with 2 of analysts who cover GSK having a buy-equivalent rating. RBC Capital Markets has "Sector Perform" rating and $29 target. Oppenheimer maintained Mediwound Ltd (NASDAQ:MDWD) rating on Thursday, July 20.
This stock (GSK) is ahead of its 52-week low with 10.24%.
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