0001434323-16-000008.txt : 20160414 0001434323-16-000008.hdr.sgml : 20160414 20160414165040 ACCESSION NUMBER: 0001434323-16-000008 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20160331 FILED AS OF DATE: 20160414 DATE AS OF CHANGE: 20160414 EFFECTIVENESS DATE: 20160414 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Palisade Asset Management, LLC CENTRAL INDEX KEY: 0001434323 IRS NUMBER: 270125285 STATE OF INCORPORATION: MN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-13058 FILM NUMBER: 161572249 BUSINESS ADDRESS: STREET 1: 100 SOUTH FIFTH STREET, SUITE 420 CITY: MINNEAPOLIS STATE: MN ZIP: 55402 BUSINESS PHONE: 612-455-2900 MAIL ADDRESS: STREET 1: 100 SOUTH FIFTH STREET, SUITE 420 CITY: MINNEAPOLIS STATE: MN ZIP: 55402 13F-HR 1 primary_doc.xml 13F-HR LIVE false false false 0001434323 XXXXXXXX 03-31-2016 03-31-2016 Palisade Asset Management, LLC

100 SOUTH FIFTH STREET, SUITE 420 MINNEAPOLIS MN 55402

13F HOLDINGS REPORT 028-13058 N Jennifer Fischer 612 455-2904 Jennifer Fischer Minneapolis MN 04-14-2016 0 163 516719 false INFORMATION TABLE 2 inftable.xml 3M COMPANY COM 88579Y101 12345 74088 SH SOLE 50501 0 24537 ABBOTT LABORATORIES COM 002824100 9787 233975 SH SOLE 170494 0 68081 ABBVIE INC COM 00287Y109 3334 58364 SH SOLE 36644 0 21920 AFLAC INC COM 001055102 8926 141367 SH SOLE 109582 0 35835 AMERICAN EXPRESS COMPANY COM 025816109 506 8249 SH SOLE 5092 0 3157 AMERIPRISE FINANCIAL INC COM 03076C106 271 2880 SH SOLE 630 0 2450 AMGEN INC COM 031162100 5160 34413 SH SOLE 27558 0 7005 APACHE CORP COM 037411105 3137 64277 SH SOLE 18467 0 45810 APPLE INC COM 037833100 9052 83056 SH SOLE 66163 0 19168 ARCHER DANIELS MIDLAND CO COM 039483102 1221 33619 SH SOLE 23419 0 10400 AT&T INC COM 00206R102 2748 70150 SH SOLE 51569 0 19031 AUTO DATA PROCESSING INC COM 053301510 2723 30351 SH SOLE 22983 0 7368 BALL CORP COM 058498106 7942 111405 SH SOLE 84615 0 30190 BARRICK GOLD CORP COM 067901108 158 11650 SH SOLE 7000 0 4650 BAXALTA INCORPORATED COM 07177m103 5542 137189 SH SOLE 110225 0 31264 BAXTER INTERNATIONAL INC COM 071813109 5727 139399 SH SOLE 111230 0 32469 BECTON DICKINSON & COMPANY COM 075887109 8195 53978 SH SOLE 40568 0 15110 BEMIS COMPANY INC COM 081143710 1421 27447 SH SOLE 18447 0 9350 BERKSHIRE HATHAWAY COM 084670207 339 2386 SH SOLE 2311 0 1075 BIO-TECHNE CORP COMMON COM 878377100 1714 18133 SH SOLE 14983 0 3725 BOEING COMPANY COM 097023105 438 3450 SH SOLE 2500 0 950 BOSTON SCIENTIFIC CORP COM 101137107 224 11900 SH SOLE 5900 0 6000 BRISTOL-MYERS SQUIBB COMPANY COM 110122108 682 10682 SH SOLE 6832 0 3850 C H ROBINSON WORLDWIDE INC COM 12541W209 1843 24824 SH SOLE 15597 0 9477 CATERPILLAR INC COM 149123101 604 7895 SH SOLE 5990 0 2855 CDK GLOBAL INC. COM 12508e101 363 7795 SH SOLE 6601 0 1194 CELANESE CORP COM 150870103 227 3463 SH SOLE 463 0 3000 CENTERPOINT ENERGY INC COM 15189T107 1374 65693 SH SOLE 63193 0 2500 CHARLES SCHWAB CORP COM 808513105 203 7250 SH SOLE 4550 0 2700 CHEVRON CORP COM 166764100 9504 99627 SH SOLE 74677 0 26750 CHRISTOPHER & BANKS CORP COM 171046105 1057 442095 SH SOLE 442095 0 0 CISCO SYSTEMS INC COM 17275R102 11082 389263 SH SOLE 316418 0 81945 CLOROX COMPANY COM 189054109 663 5260 SH SOLE 3140 0 2270 COCA-COLA COMPANY COM 191216100 1940 41812 SH SOLE 34282 0 8180 COLGATE-PALMOLIVE CO COM 194162103 7239 102456 SH SOLE 77991 0 27265 CONAGRA FOODS INC COM 205887102 435 9738 SH SOLE 1238 0 9300 CONOCOPHILLIPS COM 20825C104 1221 30312 SH SOLE 15165 0 15497 CR BARD INC COM 067383109 1037 5115 SH SOLE 4615 0 600 CVS CAREMARK CORP COM 126650100 692 6667 SH SOLE 4110 0 2807 DANAHER CORP COM 235851102 711 7490 SH SOLE 7090 0 400 DE LUXE CORP COM 248019101 258 4130 SH SOLE 130 0 4000 DEERE & COMPANY COM 244199105 6054 78639 SH SOLE 61546 0 19043 DOMINION RES INC COM 25746U109 1608 21400 SH SOLE 20950 0 450 DONALDSON COMPANY INC COM 257651109 2494 78162 SH SOLE 54859 0 24303 DOW CHEMICAL COMPANY COM 260543103 323 6357 SH SOLE 1224 0 5133 DTE ENERGY COMPANY COM 233331107 272 3000 SH SOLE 3000 0 0 DU PONT EI DE NEMOURS & COMPAN COM 263534109 338 5334 SH SOLE 2758 0 2576 ECOLAB INC COM 278865100 3129 28054 SH SOLE 23366 0 5488 ELI LILLY & COMPANY COM 532457108 1581 21959 SH SOLE 20359 0 1600 EMC CORP COM 268648102 8972 336649 SH SOLE 270264 0 75585 EMERSON ELECTRIC COMPANY COM 291011104 1897 34883 SH SOLE 20990 0 14193 ENTERPRISE PRD PARTNERS LP COM 293792107 244 9920 SH SOLE 9920 0 0 ERICSSON TELEPHONE COMPANY COM 294821608 502 50008 SH SOLE 50008 0 0 EXXON MOBIL CORP COM 30231G102 10440 124891 SH SOLE 94740 0 32451 FASTENAL COMPANY COM 311900104 1165 23768 SH SOLE 11993 0 12575 FEDEX CORP COM 31428X106 226 1390 SH SOLE 840 0 550 FRANKLIN RESOURCES INC COM 354613101 262 6715 SH SOLE 4690 0 2425 GENERAL DYNAMICS CORP COM 369550108 7620 58006 SH SOLE 42581 0 17175 GENERAL ELECTRIC COMPANY COM 369604103 11872 373452 SH SOLE 277309 0 105893 GENERAL MILLS INC COM 370334104 2550 40254 SH SOLE 24479 0 17975 GENUINE PARTS COMPANY COM 372460105 1665 16760 SH SOLE 14630 0 2330 GRACO INC COM 384109104 2370 28225 SH SOLE 19825 0 8400 HALLIBURTON COMPANY COM 406216101 1146 32090 SH SOLE 22690 0 10000 HB FULLER COMPANY COM 359694106 586 13800 SH SOLE 2300 0 11500 HEWLETT PACKARD ENTERPRISE COM 42824C109 527 29736 SH SOLE 10436 0 19300 HOME DEPOT INC COM 437076102 14000 104922 SH SOLE 82797 0 24625 HONEYWELL INTL INC COM 438516106 2169 19358 SH SOLE 15708 0 3650 HORMEL FOODS CORP COM 440452100 517 11960 SH SOLE 11960 0 600 HP, INC. COM 428236103 359 29180 SH SOLE 9880 0 19300 HUBBELL INCORPORATED COM 443510201 424 4000 SH SOLE 0 0 4000 ILLINOIS TOOL WORKS INC COM 452308109 572 5583 SH SOLE 5083 0 500 INTEL CORP COM 458140100 3647 112742 SH SOLE 89198 0 24594 INTL BUSINESS MACHINES CORP COM 459200101 11212 74032 SH SOLE 52001 0 23561 JOHNSON & JOHNSON COM 478160104 13053 120637 SH SOLE 90972 0 32290 JOHNSON CONTROLS INC COM 478366107 1567 40213 SH SOLE 32122 0 8491 JP MORGAN CHASE & COMPANY COM 46625H100 555 9368 SH SOLE 6670 0 2698 KIMBERLY-CLARK CORP COM 494368103 4065 30220 SH SOLE 24345 0 6025 KOHLS CORP COM 500255104 684 14675 SH SOLE 12575 0 2600 L BRANDS INC COM 501797104 866 9860 SH SOLE 5800 0 4060 L-3 COMMUNICATIONS HOLDINGS IN COM 502424104 6895 58189 SH SOLE 47089 0 12800 LEGGETT & PLATT INC COM 524660107 2149 44400 SH SOLE 38220 0 6680 LOWES COMPANIES INC COM 548661107 895 11809 SH SOLE 6140 0 5669 MARRIOTT VACATIONS CORP COM 57164Y107 381 5649 SH SOLE 5649 0 0 MCCORMICK & COMPANY INC COM 579780206 2265 22772 SH SOLE 18583 0 4189 MCDONALDS CORP COM 580135101 9862 78466 SH SOLE 60381 0 21285 MCKESSON CORP COM 58155Q103 612 3895 SH SOLE 295 0 3720 MDU RESOURCES GROUP COM 552690109 854 43900 SH SOLE 22900 0 21600 MEDTRONIC PLC F COM G5960L103 3288 43846 SH SOLE 29730 0 14366 MERCK & CO INC COM 589331107 1095 20698 SH SOLE 11365 0 9333 MICROSOFT CORP COM 594918104 14147 256145 SH SOLE 192099 0 67946 NEXTERA ENERGY INC COM 65339F101 217 1837 SH SOLE 1698 0 139 NIKE INC CL B COM 654106103 1830 29776 SH SOLE 29776 0 0 NORTHERN TRUST CORP COM 665859104 349 5350 SH SOLE 4550 0 1050 NOVARTIS AG SPON ADR COM 66987V109 776 10711 SH SOLE 10161 0 550 OMNICOM GROUP INC COM 681919106 8868 106553 SH SOLE 80653 0 28200 ORACLE CORP COM 68389x105 9310 227562 SH SOLE 189167 0 44395 PARKER-HANNIFIN CORP COM 701094104 323 2912 SH SOLE 1612 0 1300 PENTAIR PLC F COM H6169Q108 906 16695 SH SOLE 10030 0 6865 PEPSICO INC COM 713448108 11425 111490 SH SOLE 86315 0 27125 PFIZER INC COM 717081103 1486 50149 SH SOLE 14219 0 36330 PHILLIPS 66 COM 718546104 827 9551 SH SOLE 4465 0 5086 PRAXAIR INC COM 74005P104 322 2815 SH SOLE 1615 0 1200 PROCTER & GAMBLE COMPANY COM 742718109 11425 138802 SH SOLE 110048 0 31454 RAYTHEON COMPANY COM 755111507 1237 10084 SH SOLE 5665 0 4619 ROSS STORES INC COM 778296103 1580 27280 SH SOLE 25120 0 2760 ROYAL BANK CANADA MONTREAL COM 780087102 6429 111700 SH SOLE 90770 0 24280 ROYAL DUTCH SHELL PLC A ADR COM 780257804 5233 108007 SH SOLE 88002 0 23955 SCHLUMBERGER LIMITED COM 806857108 1840 24949 SH SOLE 16512 0 8637 SOUTHERN COMPANY COM 842587107 590 11413 SH SOLE 6675 0 5038 ST JUDE MEDICAL INC COM 790849103 4338 78880 SH SOLE 59410 0 20070 STANLEY BLACK & DECKER INC COM 854502101 469 4462 SH SOLE 4462 0 0 STRYKER CORP COM 863667101 3882 36179 SH SOLE 23944 0 12785 SYSCO CORP COM 871829107 8360 178905 SH SOLE 141255 0 42650 TARGET CORP COM 87612E106 5823 70772 SH SOLE 43370 0 28302 TCF FINANCIAL CORP COM 872275102 229 18660 SH SOLE 4160 0 14500 TESORO CORP COM 881609101 258 3000 SH SOLE 0 0 3000 TJX COMPANIES INC COM 872540109 3953 50450 SH SOLE 42730 0 7720 TORCHMARK CORP COM 891027104 413 7617 SH SOLE 7617 0 0 TRACTOR SUPPLY COMPANY COM 892356106 306 3387 SH SOLE 3387 0 0 TRAVELERS COMPANIES INC COM 89417E109 2580 22108 SH SOLE 16069 0 6539 UNION PACIFIC CORP COM 907818108 354 4453 SH SOLE 159 0 4294 UNITED TECHNOLOGIES CORP COM 913017109 8443 84349 SH SOLE 65949 0 20000 UNITEDHEALTH GROUP INC COM 91324P102 6635 51476 SH SOLE 27725 0 24001 US BANCORP COM 902973304 4062 100078 SH SOLE 61670 0 43808 VALSPAR CORP COM 920355104 77681 725858 SH SOLE 696908 0 28950 VERIZON COMMUNICATIONS INC COM 92343V104 2484 45934 SH SOLE 26087 0 20197 WAL-MART STORES INC COM 931142103 1562 22802 SH SOLE 14397 0 8605 WALGREENS BOOTS ALLIANCE, INC. COM 931422109 11331 134508 SH SOLE 100283 0 37475 WELLS FARGO & COMPANY COM 949746101 9391 194183 SH SOLE 161673 0 36560 WILLIAMS COMPANIES INC COM 969457100 222 13827 SH SOLE 0 0 13827 XCEL ENERGY INC COM 98389B100 2622 62699 SH SOLE 51863 0 11336