Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Eaton Corporation plc shares valued at $82,510 were sold by Thompson Dorothy C on Aug 13 ’24. At $289.51 per share, Thompson Dorothy C sold 285 shares. The insider’s holdings dropped to 516 shares worth approximately $0.15 million following the completion of this transaction.
Also, PAGE GREGORY R sold 10,000 shares, netting a total of over 3,559,800 in proceeds. Following the sale of shares at $355.98 each, the insider now holds 43,203 shares.
Before that, PAGE GREGORY R had added 10,000 shares to its account. In a trade valued at $3,559,801, the Director bought Eaton Corporation plc shares for $355.98 each.
As published in a research note from KeyBanc Capital Markets on March 12, 2025, Eaton Corporation plc [ETN] has been rated up from a Sector weight to an Overweight and the price target has been revised to $340. Analysts at Melius downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in late January. Earlier on November 13, 2024, Evercore ISI downgraded its rating. Their new recommendation was “an In-line” for ETN stock which previously was a “an Outperform”.
Analyzing ETN Stock Performance
During the last five days, there has been a surge of approximately 1.50%. Over the course of the year, Eaton Corporation plc shares have dropped approximately -12.00%. Shares of the company reached a 52-week high of $378.00 on 01/24/25 and a 52-week low of $267.63 on 03/04/25. A 50-day SMA is recorded $318.30, while a 200-day SMA reached $325.23.
Support And Resistance Levels for Eaton Corporation plc (ETN)
According to the 24-hour chart, there is a support level at 285.04, which, if violated, would cause prices to drop to 278.04. In the upper region, resistance lies at 299.54. The next price resistance is at 307.04. RSI (Relative Strength Index) is 45.74 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -2.85, which suggests the price will decrease in the coming days. Percent R is at 41.56%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
