Eaton Corp. (ETN) Chairman and CEO Alexander M Cutler sells 112,920 Shares

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Aug 17, 2009
Chairman and CEO of Eaton Corp. (ETN, Financial) Alexander M Cutler sells 112,920 shares of ETN on 08/13/2009 at an average price of $55.03 a share.

Eaton Corporation is a global diversified industrial manufacturer. Eaton is one of the leaders in fluid power systems electrical power quality and controls automotive air management and fuel economy and intelligent truck components for fuel economy and safety. Eaton corp. has a market cap of $8.96 billion; its shares were traded at around $54.11 with a P/E ratio of 17.8 and P/S ratio of 0.58. The dividend yield of Eaton corp. stocks is 3.7%. Eaton corp. had an annual average earning growth of 7.4% over the past 10 years.

ETN is in the portfolios of David Williams of Columbia Value and Restructuring Fund, Lee Ainslie of Maverick Capital, Dodge & Cox, David Dreman of Dreman Value Management, Brian Rogers of T Rowe Price Equity Income Fund, Warren Buffett of Berkshire Hathaway, Kenneth Fisher of Fisher Asset Management, LLC, Richard Aster Jr of Meridian Fund.

Recent Trades of Eaton Corp. by Directors and Officers:
  • Sell: Sr VP and Controller Billie K Rawot sold 5,000 shares of ETN stock on 06/09/2009 at the average price of $47.87; the price of the stock has increased by 13.04% since.