JPMorgan Amends Eaton Corp PLC Stake; Ownership Details Updated

Ticker: ETN · Form: SC 13G/A · Filed: 2024-01-18T00:00:00.000Z

Sentiment: neutral

Topics: institutional-ownership, amendment, SEC-filing

TL;DR

**JPMorgan updated its Eaton Corp PLC stake, watch for ownership changes.**

AI Summary

JPMorgan Chase & Co. filed an amended Schedule 13G/A on January 18, 2024, indicating a change in their beneficial ownership of Eaton Corporation plc's ordinary shares as of December 29, 2023. This filing, an amendment number 03, suggests that JPMorgan Chase & Co. continues to hold a significant, but potentially adjusted, stake in Eaton Corporation plc. For investors, this matters because large institutional holdings can influence stock stability and signal confidence (or lack thereof) in the company's future prospects.

Why It Matters

This filing updates the public record on a major institutional investor's stake in Eaton, which can impact market perception and trading activity for the stock.

Risk Assessment

Risk Level: low — This is a routine amendment filing by a large institutional investor, not indicating any immediate high-risk event.

Analyst Insight

Investors should review the full SC 13G/A filing to understand the specific changes in JPMorgan Chase & Co.'s beneficial ownership percentage and voting power in Eaton Corp plc, as this could signal a shift in institutional confidence.

Key Players & Entities

FAQ

What type of filing is this document?

This document is an SC 13G/A, which is an amendment to a Schedule 13G filing, as indicated by 'FORM TYPE: SC 13G/A' and 'Amendment No. 03'.

Who is the filer of this SC 13G/A?

The filer of this SC 13G/A is JPMorgan Chase & Co., as stated under the 'FILED BY: COMPANY DATA' section.

What is the subject company of this filing?

The subject company is Eaton Corp plc, as identified under 'SUBJECT COMPANY: COMPANY DATA' and 'Name of Issuer: EATON CORPORATION plc'.

When was the event that triggered this filing?

The event that triggered this filing occurred on December 29, 2023, as stated by 'Date of Event Which Requires Filing of this Statement: December 29, 2023'.

What is the CUSIP number for the securities discussed in this filing?

The CUSIP number for the ordinary shares of Eaton Corporation plc is G29183103, as listed under 'CUSIP Number'.

From the Filing

0000019617-24-000105.txt : 20240118 0000019617-24-000105.hdr.sgml : 20240118 20240118081959 ACCESSION NUMBER: 0000019617-24-000105 CONFORMED SUBMISSION TYPE: SC 13G/A CONFIRMING COPY: PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240118 DATE AS OF CHANGE: 20240118 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Eaton Corp plc CENTRAL INDEX KEY: 0001551182 STANDARD INDUSTRIAL CLASSIFICATION: MISC INDUSTRIAL & COMMERCIAL MACHINERY & EQUIPMENT [3590] ORGANIZATION NAME: 06 Technology IRS NUMBER: 981059235 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-87173 BUSINESS ADDRESS: STREET 1: 30 PEMBROKE ROAD STREET 2: EATON HOUSE CITY: DUBLIN STATE: L2 ZIP: DUBLIN 4 BUSINESS PHONE: 353 1637 2900 MAIL ADDRESS: STREET 1: 30 PEMBROKE ROAD STREET 2: EATON HOUSE CITY: DUBLIN STATE: L2 ZIP: DUBLIN 4 FORMER COMPANY: FORMER CONFORMED NAME: Eaton Corp Ltd DATE OF NAME CHANGE: 20120530 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: JPMORGAN CHASE & CO CENTRAL INDEX KEY: 0000019617 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] ORGANIZATION NAME: 02 Finance IRS NUMBER: 132624428 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: 383 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 BUSINESS PHONE: 2122706000 MAIL ADDRESS: STREET 1: 383 MADISON AVENUE CITY: NEW YORK STATE: NY ZIP: 10017 FORMER COMPANY: FORMER CONFORMED NAME: J P MORGAN CHASE & CO DATE OF NAME CHANGE: 20010102 FORMER COMPANY: FORMER CONFORMED NAME: CHASE MANHATTAN CORP /DE/ DATE OF NAME CHANGE: 19960402 FORMER COMPANY: FORMER CONFORMED NAME: CHEMICAL BANKING CORP DATE OF NAME CHANGE: 19920703 SC 13G/A 1 EATON_CORPORATION_plc.htm FILING EATON CORPORATION PLC Schedule 13G   UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   SCHEDULE 13G     Under the Securities Exchange Act of 1934 (Amendment No. 03 )*   EATON CORPORATION plc   (Name of Issuer)   Ordinary shares ($0.01 par value) (Title of Class of Securities)   G29183103 (CUSIP Number)   December 29, 2023 (Date of Event Which Requires Filing of this Statement)   Check the appropriate box to designate the rule pursuant to which this Schedule is filed:        x  Rule 13d-1(b)        o  Rule 13d-1(c)        o  Rule 13d-1(d)   * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.   The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).           CUSIP No.  G29183103                           1   NAMES OF REPORTING PERSONS I.R.S. IDENTIFICATION NOS. OF ABOVE PERSONS (ENTITIES ONLY)   JPMORGAN CHASE & CO. 13-2624428       2   CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (SEE INSTRUCTIONS)   (a)   o   (b)   o       3   SEC USE ONLY               4   CITIZENSHIP OR PLACE OF ORGANIZATION       Delaware         NUMBER OF SHARES BENEFICIALLY  OWNED BY EACH REPORTING PERSON WITH:  5   SOLE VOTING POWER       22,624,597       6   SHARED VOTING POWER       76,152       7   SOLE DISPOSITIVE POW

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