Home / Filers / ARGUS INVESTORS' COUNSEL, INC.
ARGUS INVESTORS' COUNSEL, INC.
institutional manager voting report
- Vote records reported
- 132year to 30 June 2025
- Against management
- 95.7%112 of 117 marked votes
- Say-on-pay support
- 4.3%for, of for + against + abstain
- Shareholder-proposal support
- not reportednot reported by managers
foragainstabstain, withhold or otheramber tick: the portion cast against management
For the year to 30 June 2025, ARGUS INVESTORS' COUNSEL, INC. reported 132 vote records on Form N-PX. 112 of the 117 votes that were marked for or against management went against management: 95.7%, 88.2 percentage points above the median institutional manager (7.5%).
Weighted by the number of shares voted, the against-management share is 96.9%. The two figures differ when the votes against management fall on larger or smaller holdings than the rest.
On pay and on shareholder proposals: it voted for 4.3% of the section 14A say-on-pay items it reported (the median institutional manager: 91.3%).
By category, votes against management were most frequent in SECTION 14A SAY-ON-PAY VOTES (95.7% of 117).
Compared with other filers
Each rate is defined once, in the methodology. The median is taken over 2,562 institutional managers with at least 25 vote records in the season.
| year to 30 June 2025 | This filer | Median institutional manager | All filers pooled |
|---|---|---|---|
| Against-management share | 95.7% | 7.5% | 9.7% |
| Say-on-pay support rate | 4.3% | 91.3% | 84.3% |
| Shareholder-proposal support rate | not reported | 17.6% | 33.0% |
| Shares on loan, share of shares held | 0.00% | 0.00% | 2.20% |
| Largest families, year to 30 June 2026 | Against management | Say-on-pay support | Shareholder-proposal support |
|---|---|---|---|
| Vanguard | 20.1% | 94.1% | 42.0% |
| BlackRock and iShares | 7.5% | 88.3% | 11.9% |
| Fidelity | 6.0% | 94.7% | 27.6% |
| Dimensional | 16.4% | 78.9% | 57.4% |
| State Street and SPDR | 16.9% | 77.1% | 50.4% |
Of the 132 vote records in this filing, 12 carry something the form does not expect: a missing vote source or category, a record with no vote line, a meeting date that cannot be read, or a security identifier this site could not use. They are counted as filed. What is checked
Votes by category
Filers choose one or more categories for each vote, so a vote can appear in more than one row. Category names are printed as Form N-PX defines them.
| Category (as the form names it) | Votes | For | Against | Against management | Split |
|---|---|---|---|---|---|
| SECTION 14A SAY-ON-PAY VOTES | 120 | 5 | 0 | 95.7% |
By season
| Season | Vote records | Against management | Say-on-pay support | Shareholder-proposal support | Split |
|---|---|---|---|---|---|
| year to 30 June 2024 | 141 | 96.0% | 4.5% | not reported | |
| year to 30 June 2025 | 132 | 95.7% | 4.3% | not reported |
Say-on-pay votes against management
Counting one say-on-pay item per company meeting, ARGUS INVESTORS' COUNSEL, INC. voted against management on 109 of the 113 it marked either way (96.5%) in the year to 30 June 2025. The 40 companies with the most reporting filers are listed.
A further 14 say-on-pay items were reported without a management mark and are left out of both sides of that fraction.
- Microsoft Corporation 10 Dec 2024
- Amazon.com, Inc. 21 May 2025
- NVIDIA Corporation 25 Jun 2025
- Apple Inc. 25 Feb 2025
- Meta Platforms, Inc. 28 May 2025
- Visa Inc. 28 Jan 2025
- JPMorgan Chase & Co. 20 May 2025
- Broadcom Inc. 21 Apr 2025
- UnitedHealth Group Incorporated 2 Jun 2025
- Mastercard Incorporated 24 Jun 2025
- Johnson & Johnson 24 Apr 2025
- Eli Lilly and Company 5 May 2025
- EXXON MOBIL CORPORATION 28 May 2025
- The Home Depot, Inc. 22 May 2025
- The Procter & Gamble Company 8 Oct 2024
- Netflix, Inc. 5 Jun 2025
- The Walt Disney Company 20 Mar 2025
- Cisco Systems, Inc. 9 Dec 2024
- Walmart Inc. 5 Jun 2025
- PEPSICO, INC. 7 May 2025
- Costco Wholesale Corporation 23 Jan 2025
- Abbott Laboratories 25 Apr 2025
- Oracle Corporation 14 Nov 2024
- Verizon Communications Inc. 22 May 2025
- Pfizer Inc. 24 Apr 2025
- Union Pacific Corporation 8 May 2025
- McDonald's Corporation 20 May 2025
- NextEra Energy, Inc. 22 May 2025
- QUALCOMM Incorporated 18 Mar 2025
- AT&T INC. 15 May 2025
- Bristol-Myers Squibb Company 6 May 2025
- Danaher Corporation 6 May 2025
- International Business Machines Corporation 29 Apr 2025
- RTX CORPORATION 1 May 2025
- Amgen Inc. 23 May 2025
- American Express Company 29 Apr 2025
- The TJX Companies, Inc. 10 Jun 2025
- Texas Instruments Incorporated 17 Apr 2025
- ServiceNow, Inc. 22 May 2025
- GE Aerospace 6 May 2025
Shareholder proposals it supported
Institutional managers report say-on-pay votes only, so no shareholder proposals appear here.
Shares on loan
ARGUS INVESTORS' COUNSEL, INC. reported no shares on loan for the year to 30 June 2025. Shares lent out at the record date cannot be voted by the lender, which is why Form N-PX asks for the figure. More on lending and votes.
The filings
These figures are read from the filer's own Form N-PX. If a vote on this page looks wrong, the filing is the record: a dispute about a filed vote is a matter for the filer, and an error in how this site read the filing is a matter for corrections.
- N-PX filed 13 Aug 2025 accession 0001438934-25-000758
- Every N-PX filing by this filer on EDGAR
Questions
How did ARGUS INVESTORS' COUNSEL, INC. vote on executive pay?
In the year to 30 June 2025 ARGUS INVESTORS' COUNSEL, INC. reported 116 votes in the category SECTION 14A SAY-ON-PAY VOTES that were cast for, against or abstain. 5 were for (4.3%), 0 against and 111 abstentions. Counting one item per company meeting, it voted against management on 109 of the 113 say-on-pay items it marked either way. A further 14 say-on-pay items were reported without a management mark and are not counted in that figure.
How often does ARGUS INVESTORS' COUNSEL, INC. vote against management?
95.7% of the time in the year to 30 June 2025: 112 of the 117 votes it marked as for or against management. Form N-PX asks each filer to state, vote by vote, whether the vote was for or against management's recommendation; this figure counts those marks.
Is this the result of the meetings?
No. Form N-PX shows how this filer voted the shares it held. It does not show how other shareholders voted or whether a proposal was approved. Companies report certified results separately, on Form 8-K.
Where does the data come from?
From the Form N-PX filings of this filer on the SEC's EDGAR system, read as filed. The SEC does not verify the contents. Amended filings (N-PX/A) replace the filings they amend. Data on this page runs through 30 Sep 2026.
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings by ARGUS INVESTORS' COUNSEL, INC. (filer no. 7195), read as filed and not verified by the SEC. Amended filings replace the filings they amend. Filings read through 30 Sep 2026; page built 1 Oct 2026.