Jim Cramer's Charitable Trust buys Eaton shares after post-earnings dip
Updated
Updated · CNBC · May 5
Jim Cramer's Charitable Trust buys Eaton shares after post-earnings dip
5 articles · Updated · CNBC · May 5
The trust bought 25 shares at about $398 each, lifting its Eaton stake to 250 shares and portfolio weighting to 2.63% from 2.38%.
Eaton beat first-quarter sales and adjusted EPS estimates, but the stock fell nearly 6% after only a modest full-year EPS increase and a second-quarter outlook below consensus.
The trust said Eaton's long-term order book remains strong, citing 42% Electrical Americas organic order growth, data-centre orders up 240%, and a Mobility spinoff still targeted for early 2027.
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