Alta Capital Management Llc/ 13F: Cuts Eaton (ETN) Stake by $7.9M
Key Points
- Alta Capital Management reduced its holdings in Eaton Corporation by 18,399 shares, a decrease of 14.7%, valued at approximately $7.9 million.
- Alta Capital Management Llc/ held 107,095 $ETN shares at quarter end, down 14.66% from the prior quarter.
- The stock recently traded around $371.91, which is about equal to its closing price of $371.92 on the filing date.
- Eaton has a market cap of about $144.5 billion and a forward P/E ratio of 22.8, reflecting its strong position in the industrial sector.
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On October 26, 2026, Alta Capital Management cut its position in Eaton Corporation plc (ETN) by 18,399 shares, leaving it with 107,095 shares valued at approximately $46 million. This information comes from the fund's latest Form 13F filing with the SEC.
The fund's reduction represents a 14.7% decrease in its stake in Eaton. The reported value of Alta's remaining shares is about $46 million, which constitutes 4.32% of its total reported 13F value of $1.07 billion.
ETN
Eaton Corporation plc
Where Eaton Fits in Alta Capital Management's Portfolio
Eaton ranks 7th among Alta Capital Management's holdings. The reduction in shares suggests a strategic adjustment, but it still holds a significant portion of its portfolio in Eaton.
Eaton Corporation plc Stock Up 1.6%
Eaton Corporation recently traded around $371.91, which is about equal to its closing price of $371.92 on October 26, 2026. The stock is currently below its 50-day moving average by 10.4% and 6.0% below its 200-day moving average, indicating some weakness in its recent performance.
Recent Earnings
Eaton reported trailing twelve-month revenue of approximately $30.03 billion with a net margin of 12.8%. Its next earnings report is set for November 3, 2026.
Dividend
Eaton pays an annual dividend of $4.40 per share, yielding about 1.18%, with a payout ratio of 43.5%.
Insider Buying and Selling at Eaton Corporation plc
Several insiders have sold shares recently. Director Dorothy C. Thompson sold 167 shares at an average price of $385.00 on May 22, 2026. Officer Adam A. Wadecki sold 525 shares at $440.54 on August 4, 2026. Another officer, Heath B Monesmith, sold 18,036 shares at $458.04 on August 11, 2026.
Analysts Set New Price Targets
On October 12, 2026, Citigroup maintained a "Buy" rating on Eaton with a price target of $498.00, up from a previous target of $485.00. The consensus among analysts is a "Buy" rating, with a mean price target of $485.47 based on 26 opinions.
About Eaton Corporation
Eaton Corporation plc operates as a power management company, providing solutions across various sectors including electrical, aerospace, and vehicle markets. This position change by Alta Capital Management highlights the ongoing adjustments investors are making in response to current market conditions.
Bottom Line
Investors should keep an eye on Eaton's upcoming earnings report on November 3, 2026, as well as any further changes in institutional holdings that may emerge from subsequent 13F filings.
Related Filing Alerts
Source: Alta Capital Management Llc/'s 13F filing on $ETN (Oct 26, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts