0001434323-19-000004.txt : 20190415 0001434323-19-000004.hdr.sgml : 20190415 20190415172021 ACCESSION NUMBER: 0001434323-19-000004 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20190331 FILED AS OF DATE: 20190415 DATE AS OF CHANGE: 20190415 EFFECTIVENESS DATE: 20190415 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: 19749283 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 03-31-2019 03-31-2019 Palisade Asset Management, LLC

100 SOUTH FIFTH STREET, SUITE 420 MINNEAPOLIS MN 55402

13F HOLDINGS REPORT 028-13058 N Jennifer McCord 6124552900 Jennifer McCord Minneapolis MN 04-15-2019 0 174 631285 false INFORMATION TABLE 2 pam033119form13ffiling.xml Hormel Foods Corp COM 440452100 9711 216958 SH SOLE 154639 0 62319 International Business Machines Corp COM 459200101 10182 72164 SH SOLE 51507 0 20657 The Home Depot Inc COM 437076102 14623 76204 SH SOLE 58416 0 17788 Deere & Co COM 244199105 7350 45983 SH SOLE 30818 0 15165 General Dynamics Corp COM 369550108 6528 38565 SH SOLE 25010 0 13555 Apple Inc COM 037833100 13209 69539 SH SOLE 49478 0 20061 Aflac Inc COM 001055102 11342 226846 SH SOLE 159756 0 67090 Amgen Inc COM 031162100 13349 70267 SH SOLE 52641 0 17626 Baxter International Inc COM 071813109 8166 100429 SH SOLE 66143 0 34286 Becton Dickinson and Co COM 075887109 9268 37113 SH SOLE 24655 0 12458 Johnson & Johnson COM 478160104 14179 101428 SH SOLE 72583 0 28845 3M Co COM 88579Y101 12730 61269 SH SOLE 44072 0 17197 Omnicom Group Inc COM 681919106 7045 96525 SH SOLE 61380 0 35145 Procter & Gamble Co COM 742718109 13539 130119 SH SOLE 96545 0 33574 Royal Dutch Shell PLC SPONS ADR A 780259206 5861 93647 SH SOLE 62932 0 30715 Royal Bank of Canada COM 780087102 7699 101909 SH SOLE 72839 0 29070 Target Corp COM 87612E106 12862 160257 SH SOLE 112580 0 47677 Walgreen Boots Alliance Inc Com COM 931427108 10943 172960 SH SOLE 125035 0 47925 Wells Fargo & Co COM 949746101 8487 175638 SH SOLE 129178 0 46460 Exxon Mobil Corp COM 30231G102 12138 150225 SH SOLE 109862 0 40363 Principal Finl Group Inc COM 74251V102 4737 94386 SH SOLE 57881 0 36505 Dowdupont Inc COM 26078J100 563 10553 SH SOLE 7613 0 2940 US Bancorp COM 902973304 10255 212813 SH SOLE 149830 0 62983 Sysco Corp COM 871829107 7883 118074 SH SOLE 77704 0 40370 Oracle Corp COM 68389X105 11113 206911 SH SOLE 158499 0 48412 Microsoft Corp COM 594918104 21492 182231 SH SOLE 130910 0 51321 Medtronic PLC SHS G5960L103 3118 34230 SH SOLE 27939 0 6291 Lowe s Companies Inc COM 548661107 984 8990 SH SOLE 6740 0 2250 Colgate-Palmolive Co COM 194162103 6340 92501 SH SOLE 58136 0 34365 Cisco Systems Inc COM 17275R102 18147 336121 SH SOLE 255732 0 80389 VANGUARD TAX MANAGED INTL FD FTSE DEV MKT ETF 921943858 1145 28004 SH SOLE 14004 0 14000 L3 Technologies Inc COM 502413107 7110 34454 SH SOLE 23634 0 10820 Chevron Corp COM 166764100 11976 97221 SH SOLE 71892 0 25329 Ball Corp COM 058498106 10325 178441 SH SOLE 114796 0 63645 Abbott Laboratories COM 002824100 18800 235182 SH SOLE 165908 0 69274 McDonald s Corp COM 580135101 10071 53031 SH SOLE 36021 0 17010 PepsiCo Inc COM 713448108 11518 93985 SH SOLE 66810 0 27175 Pentair PLC SHS G7S00T104 698 15673 SH SOLE 11958 0 3715 AT&T Inc COM 00206R102 5913 188554 SH SOLE 150288 0 38266 United Technologies Corp COM 913017109 9404 72960 SH SOLE 51700 0 21260 Verizon Communications Inc COM 92343V104 7556 127788 SH SOLE 94551 0 33237 SPDR SERIES TRUST S&P DIVID ETF 78464A763 1447 14553 SH SOLE 12870 0 1683 ISHARES TR SELECT DIVID ETF 464287168 542 5516 SH SOLE 1475 0 4041 Ecolab Inc COM 278865100 5949 33695 SH SOLE 29511 0 4184 Fastenal Co COM 311900104 1932 30038 SH SOLE 17708 0 12330 CVS Health Corp COM 126650100 859 15922 SH SOLE 13985 0 1937 Donaldson Co Inc COM 257651109 4961 99108 SH SOLE 76589 0 22519 General Mills Inc COM 370334104 4019 77653 SH SOLE 58203 0 19450 Intel Corp COM 458140100 8028 149504 SH SOLE 132080 0 17424 Ameriprise Financial Inc COM 03076C106 533 4160 SH SOLE 2310 0 1850 ConocoPhillips COM 20825C104 1388 20796 SH SOLE 14329 0 6467 Bemis Co Inc COM 081437105 2089 37653 SH SOLE 32853 0 4800 Caterpillar Inc COM 149123101 953 7036 SH SOLE 5136 0 1900 C.H. 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Fuller Co COM 359694106 615 12650 SH SOLE 2300 0 10350 NVENT ELECTRIC PLC SHS G6700G107 372 13805 SH SOLE 10090 0 3715 ISHARES TR RUS MID CAP ETF 464287499 385 7136 SH SOLE 5236 0 1900 Bio- Techne Corp COM 09073M104 3097 15599 SH SOLE 14358 0 1241 Clorox Co COM 189054109 831 5180 SH SOLE 3160 0 2020 SPDR SERIES TRUST DJ REIT ETF 78464A607 215 2177 SH SOLE 2171 0 6 United Parcel Service Inc CL B 911312106 1828 16357 SH SOLE 14844 0 1513 JPMorgan Chase & Co COM 46625H100 1001 9893 SH SOLE 6995 0 2898 MDU Resources Group Inc COM 552690109 1085 41990 SH SOLE 27790 0 14200 McCormick & Co Inc COM NON VTG 579780206 2860 18985 SH SOLE 16411 0 2574 Illinois Tool Works Inc COM 452308109 598 4163 SH SOLE 3663 0 500 Graco Inc COM 384109104 3715 75020 SH SOLE 58985 0 16035 FedEx Corp COM 31428X106 252 1390 SH SOLE 840 0 550 Boeing Co COM 097023105 1285 3370 SH SOLE 2530 0 840 Johnson Controls International PLC SHS G51502105 772 20904 SH SOLE 17945 0 2959 Federated Investors Inc COM 314211103 1214 41420 SH SOLE 39520 0 1900 McKesson Corp COM 58155Q103 418 3570 SH SOLE 200 0 3370 Pfizer Inc COM 717081103 2383 56105 SH SOLE 48475 0 7630 Dominion Resources Inc COM 25746U109 4267 55660 SH SOLE 43830 0 11830 Christopher & Banks Corp COM 171046105 141 414161 SH SOLE 414161 0 0 ISHARES TR RUS 1000 VAL ETF 464287598 542 4393 SH SOLE 2543 0 1850 ISHARES TR RUS 1000 GRW ETF 464287614 1062 7018 SH SOLE 3939 0 3079 American Express Co COM 025816109 880 8053 SH SOLE 4896 0 3157 TCF Financial Corp COM 872275102 203 9800 SH SOLE 2000 0 7800 Archer-Daniels Midland Co COM 039483102 1335 30953 SH SOLE 26753 0 4200 ISHARES TR RUS 2000 VAL ETF 464287630 257 2141 SH SOLE 441 0 1700 ISHARES TR RUS 2000 GRW ETF 464287648 407 2068 SH SOLE 985 0 1083 Walt Disney Co COM 254687106 291 2618 SH SOLE 2193 0 425 Celanese Corp COM 150870103 454 4603 SH SOLE 2103 0 2500 NextEra Energy Inc COM 65339F101 355 1837 SH SOLE 1698 0 139 Novartis Ag SPONSORED ADR 66987V109 2126 22117 SH SOLE 21867 0 250 Tractor Supply Co COM 892356106 331 3387 SH SOLE 3387 0 0 Northern Trust Corp COM 665859104 658 7280 SH SOLE 6930 0 350 Berkshire Hathaway Inc Del CL B NEW 084670702 382 1901 SH SOLE 1901 0 0 VANGUARD SPECIALIZED FUNDS DIV APP ETF 921908844 409 3727 SH SOLE 3727 0 0 ISHARES TR MSCI EMG MKT ETF 464287234 326 7595 SH SOLE 2980 0 4615 Church & Dwight Co Inc COM 171340102 540 7580 SH SOLE 5530 0 2050 ISHARES TR MSCI EAFE GRW ETF 464288885 1920 24795 SH SOLE 22850 0 1945 ISHARES TR CORE MSCI EAFE 46432F842 948 15602 SH SOLE 15602 0 0 CenterPoint Energy Inc COM 15189T107 2803 91306 SH SOLE 88806 0 2500 Sherwin-Williams Co COM 824348106 285 662 SH SOLE 662 0 0 CDK Global Inc COM 12508E101 379 6448 SH SOLE 6448 0 0 Hewlett Packard Enterprise Co COM 42824C109 355 23032 SH SOLE 23032 0 0 Danaher Corp COM 235851102 3143 23804 SH SOLE 23504 0 300 ISHARES TR RUS 1000 ETF 464287622 557 3540 SH SOLE 3540 0 0 ISHARES TR US INDUSTRIALS 464287754 217 1431 SH SOLE 940 0 491 SMUCKER J M CO COM NEW 832696405 280 2400 SH SOLE 1700 0 700 Parker Hannifin Corp COM 701094104 277 1612 SH SOLE 1612 0 0 Linde PLC COM G5494J103 281 1600 SH SOLE 1600 0 0 ERICSSON ADR B SEK 10 294821608 459 50008 SH SOLE 50008 0 0 Stanley Black & Decker Inc COM 854502101 608 4462 SH SOLE 4462 0 0 Torchmark Corp COM 891027104 1229 15000 SH SOLE 15000 0 0 Marriott Vacations Worldwide Corp COM 57164Y107 528 5649 SH SOLE 5649 0 0 Nike Inc CL B 654106103 3284 39000 SH SOLE 39000 0 0 Morgan Stanley COM 617446448 1203 28510 SH SOLE 27510 0 1000 Enterprise Products Partners LP COM 293792107 289 9920 SH SOLE 9920 0 0 Charles Schwab Corp COM 808513105 1008 23569 SH SOLE 23569 0 0 ISHARES TR S&P US PFD STK 464288687 345 9435 SH SOLE 0 0 9435 Dte Energy Company COM 233331107 374 3000 SH SOLE 3000 0 0 ISHARES TR S&P 500 GRWT ETF 464287309 231 1338 SH SOLE 0 0 1338 SCHWAB STRATEGIC TR US SML CAP ETF 808524607 1084 15495 SH SOLE 15495 0 0 Hubbell Incorporated B COM 443510201 472 4000 SH SOLE 0 0 4000 Corning Inc COM 219350105 213 6420 SH SOLE 6420 0 0 HP Inc COM 40434L105 321 16500 SH SOLE 16500 0 0 SCHWAB STRATEGIC TR INTL EQTY ETF 808524805 1033 32995 SH SOLE 32995 0 0 FISERV INC COM 337738108 1384 15680 SH SOLE 15680 0 0 Fortive Corp Com COM 34959J108 805 9600 SH SOLE 9600 0 0 DELTA AIR LINES INC DEL COM NEW 247361702 331 6400 SH SOLE 6400 0 0 APTARGROUP INC COM 038336103 670 6300 SH SOLE 6300 0 0 AMPHENOL CORP NEW CL A 032095101 1133 12000 SH SOLE 12000 0 0 SCHEIN HENRY INC COM 806407102 373 6200 SH SOLE 6200 0 0 ZEBRA TECHNOLOGIES CORP CL A 989207105 1362 6500 SH SOLE 6500 0 0 GARDNER DENVER HLDGS INC COM 36555P107 634 22800 SH SOLE 22800 0 0 STARBUCKS CORP COM 855244109 743 10000 SH SOLE 10000 0 0 METTLER TOLEDO INTERNATIONAL COM 592688105 1164 1610 SH SOLE 1610 0 0 PAYCHEX INC COM 704326107 986 12300 SH SOLE 12300 0 0 DEVON ENERGY CORP NEW COM 25179M103 410 13000 SH SOLE 13000 0 0