Eaton Corporation plc’s filing revealed that its Director Thompson Dorothy C unloaded Company’s shares for reported $82510.0 on Aug 13 ’24. In the deal valued at $289.51 per share,285 shares were sold. As a result of this transaction, Thompson Dorothy C now holds 516 shares worth roughly $0.14 million.
Then, PAGE GREGORY R sold 10,000 shares, generating $3,559,800 in total proceeds. Upon selling the shares at $355.98, the Director now owns 43,203 shares.
Before that, PAGE GREGORY R bought 10,000 shares. Eaton Corporation plc shares valued at $3,559,801 were divested by the Director at a price of $355.98 per share.
KeyBanc Capital Markets upgraded its Eaton Corporation plc [ETN] rating to an Overweight from a a Sector weight in a research note published recently. A number of analysts have revised their coverage, including Melius’s analysts, who decreased its forecast for the stock in late January from “a Buy” to “a Hold”. Evercore ISI revised its rating on November 13, 2024. It rated ETN as “an In-line” which previously was an “an Outperform”.
Price Performance Review of ETN
On Friday, Eaton Corporation plc [NYSE:ETN] saw its stock fall -2.40% to $274.17. Over the last five days, the stock has lost -7.20%. Eaton Corporation plc shares have fallen nearly -17.39% since the year began. Nevertheless, the stocks have fallen -12.15% over the past one year. While a 52-week high of $379.99 was reached on 01/24/25, a 52-week low of $255.65 was recorded on 03/04/25. SMA at 50 days reached $306.66, while 200 days put it at $323.02.
Levels Of Support And Resistance For ETN Stock
The 24-hour chart illustrates a support level at 270.64, which if violated will result in even more drops to 267.10. On the upside, there is a resistance level at 278.72. A further resistance level may holdings at 283.26. The Relative Strength Index (RSI) on the 14-day chart is 37.52, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -10.41, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.43%. Stochastics %K at 24.31% indicates the stock is a holding.
How much short interest is there in Eaton Corporation plc?
A steep rise in short interest was recorded in Eaton Corporation plc stocks on 2025-03-14, growing by 0.33 million shares to a total of 5.85 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 5.51 million shares. There was a rise of 5.73%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on November 05, 2024 when Bernstein began covering the stock and recommended ‘”an Outperform”‘ rating along with a $382 price target.
