13F HOLDINGS REPORT
ARGUS INVESTORS' COUNSEL, INC.
Quarter ended Q4 2025 · Filed January 22, 2026 · Accession 0000007195-26-000001
Total Value
$125.2M
Positions
105
Other Managers
0
Confidential Omitted
No
Holdings (105)
| # | Issuer | Ticker / CUSIP | Shares | Value | % of Filing |
|---|---|---|---|---|---|
| 1 | Nvidia Corp | NVDA | 30,420 | $5.7M | 4.53% |
| 2 | Alphabet Inc | GOOG | 17,958 | $5.6M | 4.49% |
| 3 | Apple Inc | AAPL | 17,596 | $4.8M | 3.82% |
| 4 | JPMorgan Chase & Co | VYLD | 13,590 | $4.4M | 3.50% |
| 5 | Eli Lilly and Company | LLY | 4,071 | $4.4M | 3.49% |
| 6 | Meta Platforms Inc | META | 6,302 | $4.2M | 3.32% |
| 7 | Costco Wholesale Corp | 22160K105 | 4,594 | $4.0M | 3.16% |
| 8 | Quanta Services Inc | 74762E102 | 8,355 | $3.5M | 2.82% |
| 9 | Analog Devices Inc | ADI | 12,744 | $3.5M | 2.76% |
| 10 | Trane Technologies plc | TT | 8,457 | $3.3M | 2.63% |
| 11 | Oracle Corp | ORCL-PD | 15,989 | $3.1M | 2.49% |
| 12 | Wells Fargo & Company | 949746101 | 31,416 | $2.9M | 2.34% |
| 13 | Applied Materials Inc | 038222105 | 11,361 | $2.9M | 2.33% |
| 14 | Visa Inc | V | 8,299 | $2.9M | 2.32% |
| 15 | Amazon.com Inc | AMZN | 12,574 | $2.9M | 2.32% |
| 16 | Schwab Charles Corp | SCHW-PJ | 28,736 | $2.9M | 2.29% |
| 17 | United Rentals Inc | URI | 3,357 | $2.7M | 2.17% |
| 18 | BlackRock Inc | BLK | 2,514 | $2.7M | 2.15% |
| 19 | Boston Scientific Corp | BSX | 26,772 | $2.6M | 2.04% |
| 20 | Axon Enterprise Inc | AXON | 4,410 | $2.5M | 2.00% |
| 21 | Microsoft Corp | MSFT | 4,118 | $2.0M | 1.59% |
| 22 | S&P Global Inc | SPGI | 3,677 | $1.9M | 1.53% |
| 23 | Targa Resources Corp | TRGP | 10,407 | $1.9M | 1.53% |
| 24 | Arista Networks Inc | ANET | 14,317 | $1.9M | 1.50% |
| 25 | DoorDash Inc | DASH | 6,364 | $1.4M | 1.15% |
| 26 | American Express Co | AXP | 3,874 | $1.4M | 1.14% |
| 27 | Royal Caribbean Cruises Ltd | V7780T103 | 5,015 | $1.4M | 1.12% |
| 28 | Broadcom Inc | AVGO | 3,985 | $1.4M | 1.10% |
| 29 | ServiceNow Inc | NOW | 8,671 | $1.3M | 1.06% |
| 30 | Adobe Inc | ADBE | 3,623 | $1.3M | 1.01% |
| 31 | iShares Russell 1000 Grw ETF | 464287614 | 2,626 | $1.2M | 0.99% |
| 32 | Palo Alto Networks | PANW | 6,449 | $1.2M | 0.95% |
| 33 | Walmart Inc | WMT | 9,576 | $1.1M | 0.85% |
| 34 | PayPal Holdings Inc | PYPL | 17,624 | $1.0M | 0.82% |
| 35 | TJX Companies | 872540109 | 6,566 | $1.0M | 0.81% |
| 36 | GE Aerospace | 369604301 | 3,268 | $1.0M | 0.80% |
| 37 | Stryker Corp | SYK | 2,804 | $985,550 | 0.79% |
| 38 | Mastercard Inc CL A | MA | 1,721 | $982,574 | 0.78% |
| 39 | Exxon Mobil Corp | XOM | 8,127 | $978,048 | 0.78% |
| 40 | KLA Corporation | KLAC | 764 | $928,321 | 0.74% |
| 41 | Uber Technologies Inc | UBER | 11,095 | $906,572 | 0.72% |
| 42 | Bank of New York Mellon Corp | 064058100 | 6,901 | $801,137 | 0.64% |
| 43 | Constellation Energy Corp | CEG | 2,200 | $777,194 | 0.62% |
| 44 | Netflix Inc | NFLX | 7,860 | $736,954 | 0.59% |
| 45 | iShares 3-7 Yr Treasury Bond E | 464288661 | 6,106 | $728,751 | 0.58% |
| 46 | Parker-Hannifin Corp | PH | 768 | $675,041 | 0.54% |
| 47 | Nasdaq Inc | NDAQ | 6,907 | $670,894 | 0.54% |
| 48 | Taiwan Semiconductor Manufactu | 874039100 | 2,045 | $621,455 | 0.50% |
| 49 | Cintas Corporation | CTAS | 3,257 | $612,544 | 0.49% |
| 50 | Vanguard Short-Term Bd ETF | 921937827 | 7,586 | $597,853 | 0.48% |
| 51 | iShares MSCI EAFE ETF | 464287465 | 6,203 | $595,674 | 0.48% |
| 52 | International Business Machine | INTR | 1,996 | $591,235 | 0.47% |
| 53 | Thermo Fisher Scientific | TMO | 1,009 | $584,665 | 0.47% |
| 54 | IShares Floating Rate Bond ETF | 46429B655 | 11,489 | $584,331 | 0.47% |
| 55 | Vanguard Interm-Tm Corp Bd Idx | 92206C870 | 6,811 | $570,421 | 0.46% |
| 56 | McKesson Corp | MCK | 687 | $563,539 | 0.45% |
| 57 | Bondbloxx Bloomberg ETF | 09789C861 | 11,356 | $562,519 | 0.45% |
| 58 | Howmet Aerospace Inc | HWM | 2,715 | $556,629 | 0.44% |
| 59 | Ecolab Inc | ECL | 2,091 | $548,929 | 0.44% |
| 60 | Bondbloxx Bloomberg Six Mth Ta | 09789C788 | 10,696 | $537,474 | 0.43% |
| 61 | Jacobs Solutions Inc | J | 3,988 | $528,250 | 0.42% |
| 62 | Duke Energy Corp | DUKB | 4,448 | $521,350 | 0.42% |
| 63 | Invesco Preferred ETF | IVZ | 46,279 | $520,176 | 0.42% |
| 64 | American International Group | 026874784 | 5,954 | $509,365 | 0.41% |
| 65 | Invesco S&P 500 Quality ETF | IVZ | 6,777 | $508,614 | 0.41% |
| 66 | iShares Russell 2000 Index ETF | 464287655 | 2,038 | $501,674 | 0.40% |
| 67 | Raymond James Financial Inc | 754730109 | 3,011 | $483,536 | 0.39% |
| 68 | Amgen Inc | AMGN | 1,334 | $436,632 | 0.35% |
| 69 | Johnson & Johnson | JNJ | 2,037 | $421,557 | 0.34% |
| 70 | Texas Instruments Inc | 882508104 | 2,259 | $391,914 | 0.31% |
| 71 | Schwab US Dividend Equity ETF | 808524797 | 14,127 | $387,504 | 0.31% |
| 72 | The Procter & Gamble Co | 742718109 | 2,698 | $386,650 | 0.31% |
| 73 | Morgan Stanley | MS-PQ | 2,150 | $381,689 | 0.30% |
| 74 | Nucor Corp | NUE | 2,290 | $373,522 | 0.30% |
| 75 | Corning Inc | GLW | 4,077 | $356,982 | 0.29% |
| 76 | Caterpillar Inc | CAT | 595 | $340,858 | 0.27% |
| 77 | iShares Core S&P 500 | 464287200 | 485 | $332,196 | 0.27% |
| 78 | Verizon Communications Inc | VZ | 8,036 | $327,306 | 0.26% |
| 79 | Marriott International | 571903202 | 1,055 | $327,303 | 0.26% |
| 80 | Cisco Systems Inc | CSCO | 4,156 | $320,137 | 0.26% |
| 81 | Ameriprise Financial Inc | 03076C106 | 604 | $296,165 | 0.24% |
| 82 | Norfolk Southern Corp | 655844108 | 1,000 | $288,720 | 0.23% |
| 83 | General Dynamics Corp | GD | 851 | $286,498 | 0.23% |
| 84 | Vanguard Divided Appreciation | 921908844 | 1,303 | $286,373 | 0.23% |
| 85 | US Bancorp | USB-PS | 5,233 | $279,233 | 0.22% |
| 86 | The Walt Disney Co | 254687106 | 2,395 | $272,479 | 0.22% |
| 87 | Emerson Elec Co | EMR | 2,010 | $266,767 | 0.21% |
| 88 | Abbott Labs | ABLZF | 2,115 | $265,042 | 0.21% |
| 89 | Doubleline ETF Trust-Mortgage | 25861R402 | 5,242 | $260,292 | 0.21% |
| 90 | Blackstone Inc | BX | 1,669 | $257,260 | 0.21% |
| 91 | The Southern Company | SOMN | 2,905 | $253,316 | 0.20% |
| 92 | Marvell Technology Inc | MRVL | 2,970 | $252,391 | 0.20% |
| 93 | American Twr Corp-REIT | 03027X100 | 1,435 | $251,943 | 0.20% |
| 94 | Waste Management Inc | 94106L109 | 1,141 | $250,700 | 0.20% |
| 95 | Becton Dickinson & Co | BDX | 1,280 | $248,410 | 0.20% |
| 96 | Home Depot Inc | HD | 720 | $247,752 | 0.20% |
| 97 | International Paper Co | 460146103 | 6,190 | $243,824 | 0.19% |
| 98 | Union Pacific Corp | UNP | 1,050 | $242,886 | 0.19% |
| 99 | T-Mobile US Inc | TMUSZ | 1,162 | $235,932 | 0.19% |
| 100 | Illinois Tool Wks Inc | 452308109 | 944 | $232,507 | 0.19% |
| 101 | Automatic Data Processing Inc | ADP | 894 | $229,964 | 0.18% |
| 102 | Air Prods & Chems Inc | AIIR | 895 | $221,083 | 0.18% |
| 103 | DICK's Sporting Goods Inc | 253393102 | 1,115 | $220,737 | 0.18% |
| 104 | CSX Corp | CSX | 5,659 | $205,139 | 0.16% |
| 105 | Shell PLC | RYDAF | 2,731 | $200,674 | 0.16% |