Fintel reports that on January 16, 2026, HSBC upgraded their outlook for Eaton (NYSE:ETN) from Hold to Buy.
Analyst Price Forecast Suggests 16.03% Upside
As of January 14, 2026, the average one-year price target for Eaton is $398.96/share. The forecasts range from a low of $294.42 to a high of $464.10. The average price target represents an increase of 16.03% from its latest reported closing price of $343.85 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for Eaton is 23,862MM, a decrease of 10.40%. The projected annual non-GAAP EPS is 10.80.
What is the Fund Sentiment?
There are 3,450 funds or institutions reporting positions in Eaton. This is an decrease of 24 owner(s) or 0.69% in the last quarter. Average portfolio weight of all funds dedicated to ETN is 0.47%, an increase of 2.74%. Total shares owned by institutions decreased in the last three months by 2.63% to 372,751K shares. 
The put/call ratio of ETN is 1.07, indicating a bearish outlook.
What are Other Shareholders Doing?
Jpmorgan Chase holds 19,221K shares representing 4.95% ownership of the company. In its prior filing, the firm reported owning 23,892K shares , representing a decrease of 24.30%. The firm decreased its portfolio allocation in ETN by 22.73% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 12,584K shares representing 3.24% ownership of the company. In its prior filing, the firm reported owning 12,488K shares , representing an increase of 0.76%. The firm increased its portfolio allocation in ETN by 18.07% over the last quarter.
Bank Of America holds 12,560K shares representing 3.23% ownership of the company. In its prior filing, the firm reported owning 13,125K shares , representing a decrease of 4.50%. The firm decreased its portfolio allocation in ETN by 7.01% over the last quarter.
VFINX - Vanguard 500 Index Fund Investor Shares holds 11,107K shares representing 2.86% ownership of the company. In its prior filing, the firm reported owning 10,981K shares , representing an increase of 1.13%. The firm increased its portfolio allocation in ETN by 18.01% over the last quarter.
Geode Capital Management holds 8,608K shares representing 2.22% ownership of the company. In its prior filing, the firm reported owning 8,561K shares , representing an increase of 0.55%. The firm decreased its portfolio allocation in ETN by 49.03% over the last quarter.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
