Amendment: SEC Form SC 13G/A filed by Eaton Corporation PLC

11/12/24 9:55:15 AM ET

Industrial Machinery/Components

Technology

Get the next $ETN alert in real time by email

SC 13G/A 1 filing.txt SCHEDULE 13G Amendment No.1 EATON CORP PLC COMMON STOCK Cusip #G29183103 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: [x] Rule 13d-1(b) [ ] Rule 13d-1(c) [ ] Rule 13d-1(d) Cusip #G29183103 Item 1: Reporting Person - FMR LLC Item 2: (a) [ ] (b) [ ] Item 4: Delaware Item 5: 13,230,690 Item 6: 0 Item 7: 15,002,406 Item 8: 0 Item 9: 15,002,406 Item 11: 3.768% Item 12: HC Cusip #G29183103 Item 1: Reporting Person - Abigail P. Johnson Item 2: (a) [ ] (b) [ ] Item 4: United States of America Item 5: 0 Item 6: 0 Item 7: 15,002,406 Item 8: 0 Item 9: 15,002,406 Item 11: 3.768% Item 12: IN Item 1(a). Name of Issuer: EATON CORP PLC Item 1(b). Address of Issuer's Principal Executive Offices: 30 PEMBROKE ROAD, EATON HOUSE DUBLIN, DUBLIN 4 Ireland Item 2(a). Name of Person Filing: FMR LLC Item 2(b). Address or Principal Business Office or, if None, Residence: 245 Summer Street, Boston, Massachusetts 02210 Item 2(c). Citizenship: Not applicable Item 2(d). Title of Class of Securities: COMMON STOCK Item 2(e). CUSIP Number: G29183103 Item 3. This statement is filed pursuant to Rule 13d-1(b) or 13d-2(b) or (c) and the person filing, FMR LLC, is a parent holding company in accordance with Section 240.13d-1(b)(1)(ii)(G). (Note: See Exhibit A). Item 4. Ownership (a) Amount Beneficially Owned: 15,002,406 (b) Percent of Class: 3.768% (c) Number of shares as to which such person has: (i) sole power to vote or to direct the vote: Please see the responses to Items 5 and 6 on the cover page (ii) shared power to vote or to direct the vote: 0 (iii) sole power to dispose or to direct the disposition of: 15,002,406 (iv) shared power to dispose or to direct the disposition of: 0 Item 5. Ownership of Five Percent or Less of a Class. If this statement is being filed to report the fact that as of the date hereof, the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following (X). Item 6. Ownership of More than Five Percent on Behalf of Another Person. One or more other persons are known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, the COMMON STOCK of EATON CORP PLC. No one other person's interest in the COMMON STOCK of EATON CORP PLC is more than five percent of the total outstanding COMMON STOCK. Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company. See attached Exhibit A. Item 8. Identification and Classification of Members of the Group. Not applicable. Item 9. Notice of Dissolution of Group. Not applicable. Item 10. Certifications. By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect. Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct. November 8, 2024 Date /s/ Stephanie J. Brown Signature Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries* * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. Exhibit A Pursuant to the instructions in Item 7 of Schedule 13G, the following table lists the identity and Item 3 classification, if applicable, of each relevant entity that beneficially owns shares of the security class being reported on this Schedule 13G. Entity ITEM 3 Classification Crosby Advisors LLC N/A FIAM LLC IA Fidelity Diversifying Solutions LLC IA Fidelity Institutional Asset Management Trust Company BK Fidelity Management & Research Company LLC IA Fidelity Management Trust Company BK Strategic Advisers LLC IA Abigail P. Johnson is a Director, the Chairman and the Chief Executive Officer of FMR LLC. Members of the Johnson family, including Abigail P. Johnson, are the predominant owners, directly or through trusts, of Series B voting common shares of FMR LLC, representing 49% of the voting power of FMR LLC. The Johnson family group and all other Series B shareholders have entered into a shareholders' voting agreement under which all Series B voting common shares will be voted in accordance with the majority vote of Series B voting common shares. Accordingly, through their ownership of voting common shares and the execution of the shareholders' voting agreement, members of the Johnson family may be deemed, under the Investment Company Act of 1940, to form a controlling group with respect to FMR LLC. This filing reflects the securities beneficially owned, or that may be deemed to be beneficially owned, by FMR LLC, certain of its subsidiaries and affiliates, and other companies (collectively, the "FMR Reporters"). This filing does not reflect securities, if any, beneficially owned by certain other companies whose beneficial ownership of securities is disaggregated from that of the FMR Reporters in accordance with Securities and Exchange Commission Release No. 34-39538 (January 12, 1998). RULE 13d-1(k)(1) AGREEMENT The undersigned persons, on November 8, 2024, agree and consent to the joint filing on their behalf of this Schedule 13G in connection with their beneficial ownership of the COMMON STOCK of EATON CORP PLC at September 30, 2024. FMR LLC By /s/ Stephanie J. Brown Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 3, 2023, by and on behalf of FMR LLC and its direct and indirect subsidiaries* Abigail P. Johnson By /s/ Stephanie J. Brown Stephanie J. Brown Duly authorized under Power of Attorney effective as of January 26, 2023, by and on behalf of Abigail P. Johnson** * This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 10, 2023, accession number: 0000315066-23-000003. ** This power of attorney is incorporated herein by reference to Exhibit 24 to the Schedule 13G filed by FMR LLC on January 31, 2023, accession number: 0000315066-23-000038.

Get the next $ETN alert in real time by email

Recent Analyst Ratings for

$ETN

Date	Price Target	Rating	Analyst
5/15/2025	$380.00	Outperform	BNP Paribas Exane
3/12/2025	$340.00	Sector Weight → Overweight	KeyBanc Capital Markets
1/28/2025	$373.00	Buy → Hold	Melius
11/13/2024	$330.00 → $431.00	Buy	UBS
11/13/2024	$333.00 → $389.00	Outperform → In-line	Evercore ISI
11/5/2024	$382.00	Outperform	Bernstein
9/16/2024	$348.00	Buy	Citigroup
9/6/2024		Underperform → Peer Perform	Wolfe Research

More analyst ratings

Amendment: SEC Form SC 13G/A filed by Eaton Corporation PLC

Chat with this insight

Recent Analyst Ratings for $ETN

$ETN Press Releases

Fastest customizable press release news feed in the world

Eaton signs agreement to acquire Ultra PCS Limited to strengthen position in fast-growing aerospace markets

Eaton to help power resilient energy future for Hartsfield-Jackson Atlanta International Airport

Eaton and Siemens Energy Join Forces to Provide Power and Technology to Accelerate the Delivery of New Data Center Capacity

$ETN Insider Purchases

Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

Director Thompson Dorothy C sold $661,809 worth of Ordinary Shares (2,205 units at $300.14) and bought $662,162 worth of Ordinary Shares (2,205 units at $300.30), decreasing direct ownership by 73% to 798 units (SEC Form 4)

Director Terrell Karenann K bought $149,485 worth of Ordinary Shares (500 units at $298.97) (SEC Form 4)

$ETN Insider Trading

Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

Officer Ruiz Sternadt Paulo gifted 77 units of Ordinary Shares, decreasing direct ownership by 0.29% to 26,394 units (SEC Form 4)

Officer Ruiz Sternadt Paulo exercised 3,660 units of Ordinary Shares at a strike of $81.91, increasing direct ownership by 16% to 26,471 units (SEC Form 4)

Director Thompson Dorothy C sold $45,809 worth of Ordinary Shares (140 units at $327.21), decreasing direct ownership by 15% to 790 units (SEC Form 4)

$ETN Analyst Ratings

Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

BNP Paribas Exane initiated coverage on Eaton with a new price target

Eaton upgraded by KeyBanc Capital Markets with a new price target

Eaton downgraded by Melius with a new price target

$ETN SEC Filings

SEC Form 144 filed by Eaton Corporation PLC

SEC Form 144 filed by Eaton Corporation PLC

SEC Form 144 filed by Eaton Corporation PLC

$ETN Large Ownership Changes

This live feed shows all institutional transactions in real time.

Amendment: SEC Form SC 13G/A filed by Eaton Corporation PLC

Amendment: SEC Form SC 13G/A filed by Eaton Corporation PLC

SEC Form SC 13G filed by Eaton Corporation PLC

$ETN Leadership Updates

Live Leadership Updates

Eaton names Omar Zaire president, Corporate and Electrical Sector, EMEA; Tim Darkes to retire

Investor Group Announces Slate of Highly Qualified, Independent Director Candidates and Proposed Management Team for Norfolk Southern Corporation

Eaton Names Heath Monesmith President and Chief Operating Officer, Electrical Sector, and Paulo Ruiz Named President and Chief Operating Officer, Industrial Sector, Effective July 5, 2022

$ETN Financials

Live finance-specific insights

Eaton Reports Record First Quarter 2025 Results, with Accelerating Organic Growth; Raises Full-Year Organic Growth Guidance

Eaton declares quarterly dividend payable May 23, 2025

Eaton to announce first quarter 2025 earnings on May 2, 2025

Recent Analyst Ratings for
$ETN

$ETN
Press Releases

$ETN
Insider Purchases

$ETN
Insider Trading

$ETN
Analyst Ratings

$ETN
SEC Filings

$ETN
Large Ownership Changes

$ETN
Leadership Updates

$ETN
Financials