Emerson Electric Tops PNC Financial’s $872 Million Invested in Industrial Goods Sector

Wall St. Watchdog reveals information regarding PNC Financial Services Group’s top holdings in the Industrial Goods sector for the quarter ending September 30th, 2011. The firm held 197 stocks in the Industrial Goods sector at the end of the quarter with an aggregate market value of $872.483 million.

  • Emerson Electric Co. (NYSE:EMR): On 06/30/2011, PNC Financial Services Group reported holding 3,468,262 shares with a market value of $195,089,738. This comprised 0.48% of the total portfolio. On 09/30/2011, PNC Financial Services Group reported holding 3,301,294 shares with a market value of $136,376,460. This comprised 0.39% of the total portfolio. The net change in shares for this position over the two quarters is -166,968. About Company: Emerson Electric Co. manufactures and markets electrical, electromechanical, and electronic products and systems. The Company produces a variety of products, including process control, industrial automation, electronics, appliance components, and electric motors. Emerson sells its products around the world.
  • Cummins Inc. (NYSE:CMI): On 06/30/2011, PNC Financial Services Group reported holding 726,152 shares with a market value of $75,149,469. This comprised 0.19% of the total portfolio. On 09/30/2011, PNC Financial Services Group reported holding 769,244 shares with a market value of $62,816,468. This comprised 0.18% of the total portfolio. The net change in shares for this position over the two quarters is 43,092. About Company: Cummins Inc. designs, manufactures, distributes and services diesel and natural gas engines. The Company also manufactures electric power generation systems and engine-related component products, including filtration and exhaust aftertreatment, fuel systems, controls, and air handling systems.
  • Eaton Corporation (NYSE:ETN): On 06/30/2011, PNC Financial Services Group reported holding 1,638,966 shares with a market value of $84,324,802. This comprised 0.21% of the total portfolio. On 09/30/2011, PNC Financial Services Group reported holding 1,695,997 shares with a market value of $60,207,894. This comprised 0.17% of the total portfolio. The net change in shares for this position over the two quarters is 57,031. About Company: Eaton Corporation manufactures engineered products which serve industrial, vehicle, construction, commercial, and aerospace markets. The Company’s principal products include hydraulic products and fluid connectors, electrical power distribution and control equipment, truck drivetrain systems, engine components, and a wide variety of controls.
  • Dover Corp. (NYSE:DOV): On 06/30/2011, PNC Financial Services Group reported holding 1,207,219 shares with a market value of $81,849,452. This comprised 0.2% of the total portfolio. On 09/30/2011, PNC Financial Services Group reported holding 1,256,652 shares with a market value of $58,559,981. This comprised 0.17% of the total portfolio. The net change in shares for this position over the two quarters is 49,433. About Company: Dover Corporation manufactures a variety of specialized industrial products and manufacturing equipment. The Company’s products include Material handling equipment, refuse truck bodies, tank trailers, refrigeration systems, refrigeration display cases, marking and coding systems,sucker rods, drill bit inserts, nozzles, swivels and breakaways, and electronic technology equipment.
  • Illinois Tool Works Inc. (NYSE:ITW): On 06/30/2011, PNC Financial Services Group reported holding 1,180,996 shares with a market value of $66,714,466. This comprised 0.17% of the total portfolio. On 09/30/2011, PNC Financial Services Group reported holding 1,129,102 shares with a market value of $46,970,641. This comprised 0.13% of the total portfolio. The net change in shares for this position over the two quarters is -51,894. About Company: Illinois Tool Works Inc. designs and manufactures fasteners and components, equipment and consumable systems, and a variety of specialty products and equipment. The Company’s products include industrial fluids and adhesives, tooling for specialty applications, welding products, and quality measurement equipment and systems. Illinois Tool Works operates worldwide.
  • Waste Management Inc. (NYSE:WM): On 06/30/2011, PNC Financial Services Group reported holding 1,398,975 shares with a market value of $0. This comprised 0% of the total portfolio. On 09/30/2011, PNC Financial Services Group reported holding 1,368,254 shares with a market value of $44,550,352. This comprised 0.13% of the total portfolio. The net change in shares for this position over the two quarters is -30,721. About Company: Waste Management, Inc. provides waste management services including collection, transfer, recycling, resource recovery and disposal services, and operates waste-to-energy facilities. The Company serves municipal, commercial, industrial, and residential customers throughout North America.
  • Caterpillar Inc. (NYSE:CAT): On 06/30/2011, PNC Financial Services Group reported holding 561,815 shares with a market value of $59,810,824. This comprised 0.15% of the total portfolio. On 09/30/2011, PNC Financial Services Group reported holding 509,844 shares with a market value of $37,646,879. This comprised 0.11% of the total portfolio. The net change in shares for this position over the two quarters is -51,971. About Company: Caterpillar Inc. designs, manufactures, and markets construction, mining, agricultural, and forestry machinery. The Company also manufactures engines and other related parts for its equipment, and offers financing and insurance. Caterpillar distributes its products through a worldwide organization of dealers.
  • Be Aerospace Inc. (NASDAQ:BEAV): On 06/30/2011, PNC Financial Services Group reported holding 1,090,011 shares with a market value of $44,483,350. This comprised 0.11% of the total portfolio. On 09/30/2011, PNC Financial Services Group reported holding 1,058,546 shares with a market value of $35,048,459. This comprised 0.1% of the total portfolio. The net change in shares for this position over the two quarters is -31,465. About Company: BE Aerospace, Inc. manufactures interior products for commercial and general aviation aircraft cabins. The Company serves major airlines and various general aviation customers and airframe manufacturers. Products include a variety of aircraft seating products, food and beverage preparation and storage equipment, cabin interior structures, and oxygen delivery systems.
  • Joy Global Inc. (NASDAQ:JOYG): On 06/30/2011, PNC Financial Services Group reported holding 165,914 shares with a market value of $15,801,649. This comprised 0.04% of the total portfolio. On 09/30/2011, PNC Financial Services Group reported holding 540,634 shares with a market value of $33,724,749. This comprised 0.1% of the total portfolio. The net change in shares for this position over the two quarters is 374,720. About Company: Joy Global Inc. manufactures and markets underground mining equipment and surface mining equipment. The Company’s equipment is used for the extraction of ores and minerals.
  • Deere & Company (NYSE:DE): On 06/30/2011, PNC Financial Services Group reported holding 952,316 shares with a market value of $78,518,451. This comprised 0.19% of the total portfolio. On 09/30/2011, PNC Financial Services Group reported holding 498,589 shares with a market value of $32,193,892. This comprised 0.09% of the total portfolio. The net change in shares for this position over the two quarters is -453,727. About Company: Deere & Company manufactures and distributes a range of agricultural, construction and forestry, and commercial and consumer equipment. The Company supplies replacement parts for its own products and for those of other manufacturers. Deere also provides product and parts financing services.

(Note: Data regarding PNC Financial Services Group’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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