Shares of industrial giant Eaton (NYSE: ETN) were on the rise Tuesday, up as much as 4.7% before settling into a 3.5% gain as of 12:25 p.m. ET. Ireland-based Eaton is a diversified industrial giant, but extremely well positioned for the clean infrastructure build-out in the U.S. While it has a broad portfolio, the company’s concentration in electrical components, systems, enclosures, and conduit and other products makes it a prime beneficiary of the clean energy transition and the move away from gas-powered to electrified vehicles. In the third quarter, Eaton saw its revenue rise 11%, or 9% on an organic basis, to $5.9 billion, with generally accepted accounting principles (GAAP) earnings of $2.22, beating the analyst estimates of $5.89 billion and $2.04, respectively.