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Ally Financial reduced its Eaton Co. stake by 25%, while Eaton beat earnings estimates, trading at a P/E of 28.36.
Ally Financial Inc. cut its stake in Eaton Co. plc by 25% in Q4 2021, selling 1,000 shares.
Eaton reported a slight beat on earnings with $2.83 per share, above analysts' estimates.
The company's stock is currently trading at a price-to-earnings ratio of 28.36, with a consensus "Moderate Buy" rating and a target price of $350.22.
Other firms like MSH Capital Advisors and Canada Life Assurance have also adjusted their stakes in Eaton recently.
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Ally Financial redujo su participación en Eaton Co. en un 25%, mientras que Eaton superó las estimaciones de ganancias, con un P/E de 28.36.