0001434323-24-000001.txt : 20240206 0001434323-24-000001.hdr.sgml : 20240206 20240206164056 ACCESSION NUMBER: 0001434323-24-000001 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240206 DATE AS OF CHANGE: 20240206 EFFECTIVENESS DATE: 20240206 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Palisade Asset Management, LLC CENTRAL INDEX KEY: 0001434323 ORGANIZATION NAME: 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: 24600849 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 X0202 13F-HR LIVE false false false 0001434323 XXXXXXXX 12-31-2023 12-31-2023 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 02-06-2024 0 198 912240916 false INFORMATION TABLE 2 pam123123form13ffiling.xml ABBOTT LABS COM 002824100 23021361 209152 SH SOLE 166700 0 42452 ACCENTURE PLC IRELAND SHS CLASS A G1151C101 11427735 32566 SH SOLE 24348 0 8218 Amgen Inc COM 031162100 21998104 76377 SH SOLE 60350 0 16027 AMERICAN TOWER CORP NEW COM 03027X100 9011911 41745 SH SOLE 30570 0 11175 BALL CORP COM 058498106 10074973 175156 SH SOLE 127496 0 47660 BECTON DICKINSON & CO COM 075887109 11253486 46153 SH SOLE 34183 0 11970 COLGATE PALMOLIVE CO COM 194162103 9788707 122804 SH SOLE 87849 0 34955 CISCO SYS INC COM 17275R102 19379320 383597 SH SOLE 313930 0 69667 CHEVRON CORP NEW COM 166764100 13739277 92111 SH SOLE 67947 0 24164 Deere & Co COM 244199105 15514556 38799 SH SOLE 27474 0 11325 Ecolab Inc COM 278865100 16404537 82705 SH SOLE 67149 0 15556 General Dynamics Corp COM 369550108 11652432 44874 SH SOLE 31979 0 12895 HOME DEPOT INC COM 437076102 26192596 75581 SH SOLE 60331 0 15250 Hormel Foods Corp COM 440452100 6591573 205281 SH SOLE 145876 0 59405 INTERNATIONAL BUSINESS MACHS COM 459200101 17409741 106449 SH SOLE 82261 0 24188 Johnson & Johnson COM 478160104 15724784 100324 SH SOLE 82474 0 17850 JPMorgan Chase & Co COM 46625H100 14295884 84044 SH SOLE 63894 0 20150 MCDONALDS CORP COM 580135101 14830132 50016 SH SOLE 37153 0 12863 3M Co COM 88579Y101 11813884 108067 SH SOLE 85573 0 22494 Microsoft Corp COM 594918104 58497911 155563 SH SOLE 124147 0 31416 Oracle Corp COM 68389X105 21784790 206628 SH SOLE 164545 0 42083 PepsiCo Inc COM 713448108 15935748 93828 SH SOLE 74733 0 19095 PROCTER AND GAMBLE CO COM 742718109 18564713 126687 SH SOLE 98391 0 28296 Sysco Corp COM 871829107 4635053 63381 SH SOLE 43841 0 19540 Target Corp COM 87612E106 19646554 137948 SH SOLE 110711 0 27237 US BANCORP DEL COM 902973304 11071716 255816 SH SOLE 189396 0 66420 VISA INC COM CL A 92826C839 12548349 48198 SH SOLE 38718 0 9480 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429 ISHARES TR RUS 2000 VAL ETF 464287630 277109 1784 SH SOLE 348 0 1436 ISHARES TR RUS 2000 GRW ETF 464287648 484784 1922 SH SOLE 825 0 1097 NextEra Energy Inc COM 65339F101 1223911 20150 SH SOLE 19405 0 745 United Parcel Service Inc CL B 911312106 3117714 19829 SH SOLE 18683 0 1146 Berkshire Hathaway Inc Del CL B NEW 084670702 1553611 4356 SH SOLE 4356 0 0 KNIFE RIVER CORP COMMON STOCK 498894104 281265 4250 SH SOLE 3325 0 925 MDU RES GROUP INC COM 552690109 407880 20600 SH SOLE 16900 0 3700 NORTHERN TR CORP COM 665859104 497420 5895 SH SOLE 4895 0 1000 SELECT SECTOR SPDR TR SBI INT-FINL 81369Y605 315840 8400 SH SOLE 8400 0 0 SELECT SECTOR SPDR TR SBI INT-INDS 81369Y704 279276 2450 SH SOLE 2450 0 0 SELECT SECTOR SPDR TR SBI CONS STPLS 81369Y308 266511 3700 SH SOLE 3700 0 0 SELECT SECTOR SPDR TR RL EST SEL SEC 81369Y860 398597 9950 SH SOLE 9950 0 0 BIO-TECHNE CORP COM 09073M104 3569344 46259 SH SOLE 43743 0 2516 VANGUARD SPECIALIZED FUNDS DIV APP ETF 921908844 705456 4140 SH SOLE 4140 0 0 CHUBB LIMITED COM H1467J104 331316 1466 SH SOLE 766 0 700 Church & Dwight Co Inc COM 171340102 751279 7945 SH SOLE 7095 0 850 FACTSET RESH SYS INC COM 303075105 560534 1175 SH SOLE 550 0 625 ALPHABET INC CAP STK CL A 02079K305 1360162 9737 SH SOLE 7777 0 1960 KLA CORP COM NEW 482480100 1778778 3060 SH SOLE 2065 0 995 Nike Inc CL B 654106103 4607385 42437 SH SOLE 41037 0 1400 PAYCHEX INC COM 704326107 1887894 15850 SH SOLE 14690 0 1160 Boeing Co COM 097023105 372744 1430 SH SOLE 1245 0 185 CenterPoint Energy Inc COM 15189T107 2475133 86634 SH SOLE 83479 0 3155 DANAHER CORPORATION COM 235851102 5755739 24880 SH SOLE 24835 0 45 ILLINOIS TOOL WKS INC COM 452308109 1012922 3867 SH SOLE 3367 0 500 McCormick & Co Inc COM NON VTG 579780206 2885408 42172 SH SOLE 39384 0 2788 SHERWIN WILLIAMS CO COM 824348106 607581 1948 SH SOLE 1948 0 0 VERALTO CORP COM SHS 92338C103 224241 2726 SH SOLE 2711 0 15 WALGREENS BOOTS ALLIANCE INC COM 931427108 921422 35290 SH SOLE 35290 0 0 VANGUARD TAX-MANAGED 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3350 ALPHABET INC CAP STK CL C 02079K107 1119830 7946 SH SOLE 6846 0 1100 ISHARES TR RUS MID CAP ETF 464287499 419587 5398 SH SOLE 4438 0 960 PROSHARES TR S&P 500 DV ARIST 74348A467 675920 7100 SH SOLE 7100 0 0 PROSHARES TR RUSS 2000 DIVD 74347B698 201531 3100 SH SOLE 3100 0 0 ISHARES TR RUS 1000 ETF 464287622 435352 1660 SH SOLE 1660 0 0 PARKER-HANNIFIN CORP COM 701094104 720996 1565 SH SOLE 1565 0 0 Linde PLC SHS G54950103 1338915 3260 SH SOLE 3260 0 0 AMPHENOL CORP NEW CL A 032095101 2200686 22200 SH SOLE 22200 0 0 FISERV INC COM 337738108 1992866 15002 SH SOLE 15002 0 0 INGERSOLL RAND INC COM 45687V106 232020 3000 SH SOLE 3000 0 0 METTLER TOLEDO INTERNATIONAL COM 592688105 1758792 1450 SH SOLE 1450 0 0 STARBUCKS CORP COM 855244109 1006761 10486 SH SOLE 10486 0 0 ZEBRA TECHNOLOGIES CORPORATI CL A 989207105 1608547 5885 SH SOLE 5885 0 0 GLOBE LIFE INC COM 37959E102 1824826 14992 SH SOLE 14992 0 0 Morgan Stanley COM NEW 617446448 2911731 31225 SH SOLE 31225 0 0 McKesson Corp COM 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46432F339 210704 1432 SH SOLE 1432 0 0 SCHWAB STRATEGIC TR INTL EQTY ETF 808524805 1048149 28359 SH SOLE 28359 0 0 WILLIAMS COS INC COM 969457100 452233 12984 SH SOLE 12984 0 0 DTE ENERGY CO COM 233331107 330780 3000 SH SOLE 3000 0 0 ISHARES TR S&P 100 ETF 464287101 345584 1547 SH SOLE 1547 0 0 SCHWAB STRATEGIC TR US MID-CAP ETF 808524508 256389 3404 SH SOLE 3404 0 0 SPDR SER TR S&P 600 SMCP VAL 78464A300 218939 2628 SH SOLE 2628 0 0 SPDR INDEX SHS FDS PORTFOLIO EMG MK 78463X509 231688 6543 SH SOLE 6543 0 0