0001541399-24-000002.txt : 20240201 0001541399-24-000002.hdr.sgml : 20240201 20240201124406 ACCESSION NUMBER: 0001541399-24-000002 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240201 DATE AS OF CHANGE: 20240201 EFFECTIVENESS DATE: 20240201 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Ramsay, Stattman, Vela & Price, Inc. CENTRAL INDEX KEY: 0001541399 ORGANIZATION NAME: IRS NUMBER: 800701468 STATE OF INCORPORATION: CO FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-14658 FILM NUMBER: 24585864 BUSINESS ADDRESS: STREET 1: 2 N. CASCADE AVE., SUITE 810 CITY: COLORADO SPRINGS STATE: CO ZIP: 80903 BUSINESS PHONE: 719-473-6925 MAIL ADDRESS: STREET 1: 2 N. CASCADE AVE., SUITE 810 CITY: COLORADO SPRINGS STATE: CO ZIP: 80903 13F-HR 1 primary_doc.xml X0202 13F-HR LIVE false false false 0001541399 XXXXXXXX 12-31-2023 12-31-2023 false Ramsay, Stattman, Vela & Price, Inc.

2 N. Cascade Ave., Suite 810 Colorado Springs CO 80903

13F HOLDINGS REPORT 028-14658 N Frederick Stattman 719-473-6925 Frederick Stattman Colorado Springs CO 02-01-2024 0 78 491145694 INFORMATION TABLE 2 infotable.xml 3M Company COM 88579y101 471716 4315 SH SOLE 2450 0 1865 AT&T Inc. COM 00206R102 450728 26861 SH SOLE 22360 0 4501 Abbott Laboratories COM 002824100 12016232 109169 SH SOLE 35387 0 73782 Adobe Inc. COM 00724f101 6798257 11395 SH SOLE 10325 0 1070 Advanced Micro Devices COM 007903107 796014 5400 SH SOLE 5400 0 0 Air Products COM 009158106 3987076 14562 SH SOLE 6365 0 8197 Alphabet Inc. Cl. A COM 02079k305 5341047 38235 SH SOLE 35695 0 2540 Alphabet Inc. Cl. C COM 02079k107 16830847 119427 SH SOLE 45122 0 74305 Amazon.com COM 023135106 7653978 50375 SH SOLE 50335 0 40 Apple Inc. COM 037833100 37084900 192619 SH SOLE 93074 0 99545 Applied Materials COM 038222105 4107664 25345 SH SOLE 25345 0 0 Automatic Data Proc. COM 053015103 14056634 60337 SH SOLE 23571 0 36766 Becton Dickinson COM 075887109 11991316 49179 SH SOLE 21305 0 27874 Berkshire Hathaway Cl. B COM 084670702 18537404 51975 SH SOLE 20212 0 31763 Biogen Inc. COM 09062x103 1952420 7545 SH SOLE 7545 0 0 Bristol-Myers Squibb COM 110122108 1496969 29175 SH SOLE 29175 0 0 Caterpillar Inc. COM 149123101 561773 1900 SH SOLE 1900 0 0 Charles Schwab Corp. COM 808513105 509258 7402 SH SOLE 1250 0 6152 Chevron Corp. COM 166764100 3120875 20923 SH SOLE 9520 0 11403 Cisco Systems Inc. COM 17275r102 6239574 123507 SH SOLE 76200 0 47307 Coca-Cola Co. COM 191216100 9079345 154070 SH SOLE 48935 0 105135 Colgate-Palmolive COM 194162103 4883672 61268 SH SOLE 10780 0 50488 Costco Wholesale COM 22160k105 9712417 14714 SH SOLE 8382 0 6332 Danaher Corp. COM 235851102 16395760 70873 SH SOLE 26984 0 43889 Diageo plc ADR COM 25243q205 7381466 50676 SH SOLE 14663 0 36013 Emerson Electric COM 291011104 7460442 76651 SH SOLE 23555 0 53096 Estee Lauder Cos. Cl. A COM 518439104 979144 6695 SH SOLE 6695 0 0 Exxon Mobil Corp. COM 30231G102 2578884 25794 SH SOLE 4439 0 21355 Vanguard FTSE Devel. Mkts. ETF COM 921943858 942193 19670 SH SOLE 3330 0 16340 Vanguard FTSE Emerg. Mkts. ETF COM 922042858 1146608 27898 SH SOLE 10315 0 17583 FedEx Corp. COM 31428x106 4201073 16607 SH SOLE 5262 0 11345 Fiserv, Inc. COM 337738108 11188848 84228 SH SOLE 48503 0 35725 Fortive Corp. COM 34959j108 1433502 19469 SH SOLE 2240 0 17229 Home Depot Inc. COM 437076102 12135141 35017 SH SOLE 20867 0 14150 Honeywell International COM 438516106 210759 1005 SH SOLE 930 0 75 IDEXX Laboratories COM 45168d104 2317334 4175 SH SOLE 4175 0 0 Illinois Tool Works COM 452308109 13534178 51669 SH SOLE 16865 0 34804 JPMorgan Chase COM 46625h100 1656944 9741 SH SOLE 8950 0 791 Johnson & Johnson COM 478160104 12455902 79469 SH SOLE 38166 0 41303 Kenvue Inc. COM 49177j102 223740 10392 SH SOLE 5407 0 4985 Linde plc COM g54950103 7513939 18295 SH SOLE 5232 0 13063 MSCI EAFE iShares COM 464287465 5630227 74721 SH SOLE 29985 0 44736 MSCI Emerging Markets iShares COM 464287234 1453230 36141 SH SOLE 11550 0 24591 McCormick & Co. COM 579780206 4662276 68142 SH SOLE 19565 0 48577 McDonald's Corp. COM 580135101 2249621 7587 SH SOLE 6985 0 602 Merck & Co. COM 58933y105 3859853 35405 SH SOLE 16365 0 19040 Microsoft Corp. COM 594918104 44032028 117094 SH SOLE 67447 0 49647 Nestle S.A. ADR COM 641069406 8436249 72959 SH SOLE 26245 0 46714 Nike, Inc. Cl. B COM 654106103 8502117 78310 SH SOLE 18880 0 59430 Nvidia Corp. COM 67066g104 11668869 23563 SH SOLE 23563 0 0 PNC Financial Services COM 693475105 1548500 10000 SH SOLE 10000 0 0 Palo Alto Networks COM 697435105 4294927 14565 SH SOLE 14565 0 0 PepsiCo, Inc. COM 713448108 12026710 70812 SH SOLE 23395 0 47417 Procter & Gamble COM 742718109 9999010 68234 SH SOLE 23722 0 44512 Qualcomm Inc. COM 747525103 1504152 10400 SH SOLE 10400 0 0 RTX Corporation COM 75513e101 931935 11076 SH SOLE 5661 0 5415 Russell 2000 iShares COM 464287655 7990466 39811 SH SOLE 14100 0 25711 S&P Core Mid-Cap iShares COM 464287507 8459172 30522 SH SOLE 9738 0 20784 S&P Core Small-Cap iShares COM 464287804 824540 7617 SH SOLE 1531 0 6086 SPDR S&P 500 COM 78462f103 2705465 5692 SH SOLE 1307 0 4385 Starbucks Corp. COM 855244109 9951052 103646 SH SOLE 49495 0 54151 Stryker Corp. COM 863667101 15594978 52077 SH SOLE 20435 0 31642 Take-Two Interactive Software COM 874054109 241425 1500 SH SOLE 1500 0 0 Target Corp. COM 87612e106 357474 2510 SH SOLE 400 0 2110 Tesla Inc. COM 88160r101 4291250 17270 SH SOLE 17270 0 0 Thermo Fisher Scientific COM 883556102 7853569 14796 SH SOLE 10547 0 4249 Vanguard Info. Technology ETF COM 92204a702 1331000 2750 SH SOLE 2750 0 0 Vanguard Mid-Cap ETF COM 922908629 1175995 5055 SH SOLE 5000 0 55 Vanguard S&P 500 ETF COM 922908363 323484 741 SH SOLE 0 0 741 Veralto Corp. COM 92338c103 1459045 17737 SH SOLE 4452 0 13285 Verizon Communications COM 92343v104 320902 8512 SH SOLE 0 0 8512 Visa Inc. COM 92826c839 14574393 55980 SH SOLE 27877 0 28103 Walmart Inc. COM 931142103 505268 3205 SH SOLE 2110 0 1095 Walt Disney Co. COM 254687106 6220800 68898 SH SOLE 40512 0 28386 XCEL Energy COM 98389b100 271352 4383 SH SOLE 1200 0 3183 Zimmer Biomet COM 98956p102 1481211 12171 SH SOLE 1200 0 10971 Vanguard Shrt-Trm Corp. Bond ETF COM 92206c409 2483654 32101 SH SOLE 3534 0 28567 iShares 1-5 Year Inv. Grade C COM 464288646 493522 9625 SH SOLE 0 0 9625