Eaton (ETN) Surged on Accelerated Demand for Data Centre Power Solutions
Key takeaways
- Fund returned -12.25% in the quarter, underperforming the Russell 1000 Growth Index (-9.78%).
- In its first-quarter 2026 investor letter, Janus Henderson Forty Fund highlighted Eaton Corporation plc (NYSE:ETN) as a notable performance contributor.
- Janus Henderson Forty Fund stated the following regarding Eaton Corporation plc (NYSE:ETN) in its Q1 2026 investor letter:
Eaton (ETN) Surged on Accelerated Demand for Data Centre Power Solutions Soumya Eswaran Wed, June 17, 2026 at 8:50 PM GMT+7 3 min read ETN Janus Henderson Investors, an investment management company, released its “Forty Fund” first-quarter 2026 investor letter. A copy of the letter can be downloaded here. Fund returned -12.25% in the quarter, underperforming the Russell 1000 Growth Index (-9.78%). Despite this, its 10-year annualized returns are approximately 15%. The recent quarter s challenges stemmed from volatility and stock selection in the consumer discretionary sector. Initially, strong economic growth supported the market, but shifts occurred due to the Middle East conflict and inflation concerns. Artificial intelligence (AI) continued to be a strong investment theme, evidenced by rising share prices for AI supply chain companies. The Fund maintains a positive view on the economic outlook despite current uncertainties. In addition, you can check the Fund’s top 5 holdings for its best picks for 2026.
In its first-quarter 2026 investor letter, Janus Henderson Forty Fund highlighted Eaton Corporation plc (NYSE:ETN) as a notable performance contributor. Eaton Corporation plc (NYSE:ETN) is a power management company that offers energy-efficient power management solutions for data centers and other industries. On June 16, 2026, Eaton Corporation plc (NYSE:ETN) closed at $407.71 per share. One-month return of Eaton Corporation plc (NYSE:ETN) was 10.00%, and its shares gained 24.73% over the past 52 weeks. Eaton Corporation plc (NYSE:ETN) has a market capitalization of $158.31 billion.
Janus Henderson Forty Fund stated the following regarding Eaton Corporation plc (NYSE:ETN) in its Q1 2026 investor letter: