Cramer’s Trust Plans to Sell 50 Eaton Shares to Cut Data Center Exposure

Jim Cramer’s Charitable Trust announced Nov. 9 that it planned to sell 50 Eaton shares for about $349 each, a portfolio trim tied to concerns about future data center spending.

The plan called for the sale shortly after the opening bell. If completed, it would leave the trust with 175 shares and lower Eaton’s portfolio weighting to 1.6% from 2%. The sale would lock in a 47% gain on shares purchased in December 2023.

The trust’s concern was that major hyperscalers may cut 2027 capital spending plans as construction challenges make new data centers harder to build. Data centers accounted for about 21% of Eaton’s sales in 2025, with that exposure expected to increase significantly in 2027 after Eaton completes the separation of its Mobility business.

Eaton beat analyst expectations for revenue and adjusted earnings per share last week. Rolling 12-month orders rose 39% in Electrical Americas, 51% in Electrical Global and 20% in Aerospace.

At the annual meeting Friday, Jim Cramer said he intended to continue reducing the trust’s data center exposure amid concern about a potential slowdown after the U.S. midterm elections.