T. Rowe Price Ups Q3 Shares of Danaher and Reduces General Electric Stake

Wall St. Watchdog reveals information regarding T. Rowe Price Associates, Inc.’s top holdings in the Conglomerates sector for the quarter ending September 30th, 2011. The firm held 12 stocks in the Conglomerates sector at the end of the quarter with an aggregate market value of $9.378 billion.

  • Danaher Corp. (NYSE:DHR): On 06/30/2011, T. Rowe Price Associates, Inc. reported holding 68,275,822 shares with a market value of $3,617,935,922. This comprised 1.16% of the total portfolio. On 09/30/2011, T. Rowe Price Associates, Inc. reported holding 71,072,271 shares with a market value of $2,980,770,948. This comprised 1.15% of the total portfolio. The net change in shares for this position over the two quarters is 2,796,449. About Company: Danaher Corporation designs, manufactures, and markets professional instrumentation, medical technologies, industrial technologies, and tools and components.
  • General Electric Co. (NYSE:GE): On 06/30/2011, T. Rowe Price Associates, Inc. reported holding 112,271,440 shares with a market value of $2,117,439,427. This comprised 0.68% of the total portfolio. On 09/30/2011, T. Rowe Price Associates, Inc. reported holding 111,707,749 shares with a market value of $1,700,191,970. This comprised 0.65% of the total portfolio. The net change in shares for this position over the two quarters is -563,691. About Company: General Electric Company is a diversified technology, media and financial services company. The Company offers products and services ranging from aircraft engines, power generation, and water processing technology to medical imaging, business and consumer financing, media content and industrial products. General Electric conducts operations globally.
  • 3m Co. (NYSE:MMM): On 06/30/2011, T. Rowe Price Associates, Inc. reported holding 25,162,078 shares with a market value of $2,386,623,060. This comprised 0.76% of the total portfolio. On 09/30/2011, T. Rowe Price Associates, Inc. reported holding 18,640,841 shares with a market value of $1,338,225,992. This comprised 0.51% of the total portfolio. The net change in shares for this position over the two quarters is -6,521,237. About Company: 3M Co. conducts operations in electronics, telecommunications, industrial, consumer and office, health care, safety, and other markets. The Company’s businesses share technologies, manufacturing operations, brands, marketing channels, and other resources. 3M serves customers in countries located around the world.
  • United Technologies Corp. (NYSE:UTX): On 06/30/2011, T. Rowe Price Associates, Inc. reported holding 18,011,422 shares with a market value of $1,594,191,000. This comprised 0.51% of the total portfolio. On 09/30/2011, T. Rowe Price Associates, Inc. reported holding 18,673,107 shares with a market value of $1,313,839,820. This comprised 0.51% of the total portfolio. The net change in shares for this position over the two quarters is 661,685. About Company: United Technologies Corporation provides technology products and support services to customers in the aerospace and building industries worldwide. The Company’s products include aircraft engines, elevators and escalators, heating and air conditioning equipment, helicopters, aerospace systems, fuel cell systems, and fire and safety equipment.
  • Cooper Industries Plc (NYSE:CBE): On 06/30/2011, T. Rowe Price Associates, Inc. reported holding 12,136,385 shares with a market value of $724,178,071. This comprised 0.23% of the total portfolio. On 09/30/2011, T. Rowe Price Associates, Inc. reported holding 22,963,044 shares with a market value of $1,059,055,565. This comprised 0.41% of the total portfolio. The net change in shares for this position over the two quarters is 10,826,659. About Company: Cooper Industries PLC is a global, diversified electrical products and tools manufacturer. The Company’s products include electrical distribution equipment, wiring devices, support systems, hazardous duty electrical equipment, lighting fixtures, emergency lighting, fuses, nonpower hand tools and industrial power tools.
  • Textron Inc. (NYSE:TXT): On 06/30/2011, T. Rowe Price Associates, Inc. reported holding 25,831,790 shares with a market value of $609,888,578. This comprised 0.19% of the total portfolio. On 09/30/2011, T. Rowe Price Associates, Inc. reported holding 25,944,590 shares with a market value of $457,662,552. This comprised 0.18% of the total portfolio. The net change in shares for this position over the two quarters is 112,800. About Company: Textron Inc. is a global, multi-industry company with operations in aircraft, defense, industrial products, and finance. The Company’s products include airplanes, helicopters, weapons, and automotive products. Textron’s finance division offers asset based lending, aviation, distribution, golf, and resort finance, as well as structured capital.
  • Clorox Corporation (NYSE:CLX): On 06/30/2011, T. Rowe Price Associates, Inc. reported holding 6,653,418 shares with a market value of $448,706,526. This comprised 0.14% of the total portfolio. On 09/30/2011, T. Rowe Price Associates, Inc. reported holding 5,720,708 shares with a market value of $379,454,572. This comprised 0.15% of the total portfolio. The net change in shares for this position over the two quarters is -932,710. About Company: The Clorox Company produces and markets non-durable consumer products sold primarily through grocery and other retail stores. The Company’s principal products include household cleaning and bleach products, charcoal, cat litter, automotive care products, dressings, and trash bags. Clorox markets its products in the United States and other countries around the world.
  • Crane Co. (NYSE:CR): On 06/30/2011, T. Rowe Price Associates, Inc. reported holding 2,171,441 shares with a market value of $107,290,899. This comprised 0.03% of the total portfolio. On 09/30/2011, T. Rowe Price Associates, Inc. reported holding 2,196,041 shares with a market value of $78,376,700. This comprised 0.03% of the total portfolio. The net change in shares for this position over the two quarters is 24,600. About Company: Crane Co. manufactures engineered industrial products. The Company’s products include vending machines, airplane braking devices, pumps, valves, and other industrial goods. Crane serves the aerospace manufacturing, power generation, hydrocarbon processing, commercial and residential building, plumbing, and food and beverage production industries.
  • Ppg Industries Inc. (NYSE:PPG): On 06/30/2011, T. Rowe Price Associates, Inc. reported holding 765,522 shares with a market value of $69,501,743. This comprised 0.02% of the total portfolio. On 09/30/2011, T. Rowe Price Associates, Inc. reported holding 998,537 shares with a market value of $70,556,628. This comprised 0.03% of the total portfolio. The net change in shares for this position over the two quarters is 233,015. About Company: PPG Industries, Inc. supplies products for the manufacturing, construction, automotive, chemical processing, and other industries worldwide. The Company makes protective and decorative coatings, flat glass, fabricated glass products, continuous-strand fiber glass products, and industrial and specialty chemicals.
  • Textron Inc. (NYSE:TXT): On 06/30/2011, T. Rowe Price Associates, Inc. reported holding 20,211,000 shares with a market value of $37,896. This comprised 0% of the total portfolio. On 09/30/2011, T. Rowe Price Associates, Inc. reported holding 23,140,000 shares with a market value of $35,396. This comprised 0% of the total portfolio. The net change in shares for this position over the two quarters is 2,929,000. About Company: Textron Inc. is a global, multi-industry company with operations in aircraft, defense, industrial products, and finance. The Company’s products include airplanes, helicopters, weapons, and automotive products. Textron’s finance division offers asset based lending, aviation, distribution, golf, and resort finance, as well as structured capital.

(Note: Data regarding T. Rowe Price Associates, Inc.’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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