# EDGAR Filing Document

**Accession Number:** 0001731216
**File Stem:** 0001731216-26-000002
**Filing Date:** 2026-4
**Character Count:** 10219
**Document Hash:** 71d7094c0796854be481c485975c285b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001731216-26-000002.hdr.sgml**: 20260407

**ACCESSION NUMBER**: 0001731216-26-000002

**CONFORMED SUBMISSION TYPE**: 13F-HR

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260407

**DATE AS OF CHANGE**: 20260407

**EFFECTIVENESS DATE**: 20260407

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Martin Capital Partners, LLC
- **CENTRAL INDEX KEY:** 0001731216

**ORGANIZATION NAME:**
- **EIN:** 272233908
- **STATE OF INCORPORATION:** OR
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 13F-HR
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 028-18410
- **FILM NUMBER:** 26843459

**BUSINESS ADDRESS:**
- **STREET 1:** 940 WILLAMETTE STREET
- **STREET 2:** SUITE 350
- **CITY:** EUGENE
- **STATE:** OR
- **ZIP:** 97401
- **BUSINESS PHONE:** 5416364170

**MAIL ADDRESS:**
- **STREET 1:** 940 WILLAMETTE STREET
- **STREET 2:** SUITE 350
- **CITY:** EUGENE
- **STATE:** OR
- **ZIP:** 97401

### FORM 13F COVER PAGE

**Report for the Calendar Year or Quarter Ended:** 03-31-2026

**Check here if Amendment** [ ] **Amendment Number:** 

**This Amendment (Check only one.):** [ ] is a restatement.

[ ] adds new holdings entries.

**Institutional Investment Manager Filing this Report:**

**Name:** Martin Capital Partners LLC<br>**Address:** 940 WILLAMETTE STREET<br>SUITE 350<br>EUGENE, OR 97401

**Form 13F File Number:** 028-18410

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

**Person Signing this Report on Behalf of Reporting Manager:**

**Name:** Ryan Adair<br>**Title:** Operations<br>**Phone:** 541-636-4170

**Signature, Place, and Date of Signing:**

Ryan S. Adair  Eugene, OR  04-07-2026<br>[Signature]  [City, State]  [Date]

**Report Type (Check only one.):**

[x] **13F HOLDINGS REPORT.** (Check here if all holdings of this reporting manager are reported in this report.)

[ ] **13F NOTICE.** (Check here if no holdings are reported in this report, and all holdings are reported by other reporting manager(s).)

[ ] **13F COMBINATION REPORT.** (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)

### Form 13F Summary Page

**Report Summary:**

**Number of Other Included Managers:** 0

**Form 13F Information Table Entry Total:** 68

**Form 13F Information Table Value Total:** $269086

      (round to nearest dollar)

**List of Other Included Managers:**

Provide a numbered list of the name(s) and Form 13F file number(s) of all institutional investment managers with respect to which this report is filed, other than the manager filing this report.

[If there are no entries in this list, state “NONE” and omit the column headings and list entries.]

**NONE**

### FORM 13F INFORMATION TABLE

---

|  |  |  |  |  |  |  |  |  |  |  |  |  |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | VOTING AUTHORITY | VOTING AUTHORITY | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | FIGI | VALUE (x$1000) | SHRS OR PRN AMT | SH/PRN | PUT/CALL | INVESTMENT DISCRETION | OTHER MANAGER | SOLE | SHARED | NONE |
| AMGEN INC | COM | 031162100 |  | 10685 | 30368 | SH |  | SOLE |  | 25971 | 0 | 4397 |
| CHEVRON CORPORATION | COM | 166764100 |  | 10300 | 49785 | SH |  | SOLE |  | 42151 | 0 | 7634 |
| JOHNSON  JOHNSON | COM | 478160104 |  | 10252 | 41941 | SH |  | SOLE |  | 35950 | 0 | 5991 |
| CULLEN FROST BANKERS INC | COM | 229899109 |  | 9589 | 69950 | SH |  | SOLE |  | 59319 | 0 | 10631 |
| CME GROUP INC | COM | 12572Q105 |  | 9325 | 31572 | SH |  | SOLE |  | 26745 | 0 | 4827 |
| EXXON MOBIL CORP | COM | 30231G102 |  | 9254 | 54543 | SH |  | SOLE |  | 46191 | 0 | 8352 |
| CISCO SYS INC | COM | 17275R102 |  | 8998 | 115966 | SH |  | SOLE |  | 99642 | 0 | 16324 |
| ASML HLDG NV | N Y REGISTRY SHS | N07059210 |  | 8655 | 6553 | SH |  | SOLE |  | 5553 | 0 | 1000 |
| BLACK HILLS CORP | COM | 092113109 |  | 8560 | 123329 | SH |  | SOLE |  | 104368 | 0 | 18961 |
| MICROSOFT CORP | COM | 594918104 |  | 7433 | 20081 | SH |  | SOLE |  | 13917 | 0 | 6164 |
| TEXAS INSTRS INC | COM | 882508104 |  | 7342 | 37817 | SH |  | SOLE |  | 32442 | 0 | 5375 |
| GENERAL DYNAMICS CORP | COM | 369550108 |  | 7305 | 21285 | SH |  | SOLE |  | 18210 | 0 | 3075 |
| JPMORGAN CHASE  CO | COM | 46625H100 |  | 6897 | 23447 | SH |  | SOLE |  | 20239 | 0 | 3208 |
| DEVON ENERGY CORP NEW | COM | 25179M103 |  | 6661 | 132382 | SH |  | SOLE |  | 112285 | 0 | 20097 |
| REALTY INCOME CORP | COM | 756109104 |  | 6591 | 107739 | SH |  | SOLE |  | 91555 | 0 | 16184 |
| MCCORMICK  CO INC | COM NON VTG | 579780206 |  | 6422 | 127314 | SH |  | SOLE |  | 107058 | 0 | 20256 |
| PEPSICO INC | COM | 713448108 |  | 6305 | 40600 | SH |  | SOLE |  | 34420 | 0 | 6180 |
| UNION PAC CORP | COM | 907818108 |  | 6289 | 25920 | SH |  | SOLE |  | 22042 | 0 | 3878 |
| PHILLIPS 66 | COM | 718546104 |  | 6143 | 33721 | SH |  | SOLE |  | 28618 | 0 | 5103 |
| MEDTRONIC PLC | SHS | G5960L103 |  | 6010 | 69360 | SH |  | SOLE |  | 59141 | 0 | 10219 |
| UNILEVER PLC | SPON ADR NEW | 904767803 |  | 6004 | 105391 | SH |  | SOLE |  | 89646 | 0 | 15745 |
| VERIZON COMMUNICATIONS INC | COM | 92343V104 |  | 5892 | 117370 | SH |  | SOLE |  | 100645 | 0 | 16725 |
| TOTALENERGIES SE | ACT | F92124100 |  | 5869 | 64507 | SH |  | SOLE |  | 54458 | 0 | 10049 |
| REINSURANCE GROUP AMER INC | COM NEW | 759351604 |  | 5868 | 28741 | SH |  | SOLE |  | 24419 | 0 | 4322 |
| PORTLAND GEN ELEC CO | COM NEW | 736508847 |  | 5742 | 108815 | SH |  | SOLE |  | 92062 | 0 | 16753 |
| COCA-COLA FEMSA SAB DE CV | SPONS ADS REP | 191241108 |  | 5561 | 57004 | SH |  | SOLE |  | 48378 | 0 | 8626 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A474 |  | 5527 | 183800 | SH |  | SOLE |  | 171161 | 0 | 12639 |
| ENTERGY CORP NEW | COM | 29364G103 |  | 5370 | 47794 | SH |  | SOLE |  | 41223 | 0 | 6571 |
| PFIZER INC | COM | 717081103 |  | 5304 | 188873 | SH |  | SOLE |  | 161368 | 0 | 27505 |
| PROCTER  GAMBLE CO | COM | 742718109 |  | 5287 | 36603 | SH |  | SOLE |  | 31340 | 0 | 5263 |
| UNITED PARCEL SVCS INC | CL B | 911312106 |  | 5049 | 51321 | SH |  | SOLE |  | 43791 | 0 | 7530 |
| PRICE T ROWE GROUP INC | COM | 74144T108 |  | 4967 | 55104 | SH |  | SOLE |  | 47020 | 0 | 8084 |
| ISHARES TR | ISHS 1-5YR INVS | 464288646 |  | 4777 | 90878 | SH |  | SOLE |  | 84674 | 0 | 6204 |
| CLOROX CO DEL | COM | 189054109 |  | 4769 | 46016 | SH |  | SOLE |  | 38797 | 0 | 7219 |
| NOVO-NORDISK A S | ADR | 670100205 |  | 4306 | 117180 | SH |  | SOLE |  | 99563 | 0 | 17617 |
| NIKE INC | CL B | 654106103 |  | 3931 | 74425 | SH |  | SOLE |  | 63097 | 0 | 11328 |
| HOME DEPOT INC | COM | 437076102 |  | 3857 | 11726 | SH |  | SOLE |  | 10044 | 0 | 1682 |
| ISHARES TR | 1 3 YR TREAS BD | 464287457 |  | 3824 | 46308 | SH |  | SOLE |  | 42991 | 0 | 3317 |
| ISHARES TR | 0-5 YR TIPS ETF | 46429B747 |  | 3432 | 33185 | SH |  | SOLE |  | 31342 | 0 | 1843 |
| ISHARES TR | 3 7 YR TREAS BD | 464288661 |  | 1149 | 9690 | SH |  | SOLE |  | 8933 | 0 | 757 |
| PRINCIPAL FINANCIAL GROUP IN | COM | 74251V102 |  | 968 | 10744 | SH |  | SOLE |  | 9233 | 0 | 1511 |
| QUEST DIAGNOSTICS INC | COM | 74834L100 |  | 965 | 4922 | SH |  | SOLE |  | 4140 | 0 | 782 |
| CENCORA INC | COM | 03073E105 |  | 934 | 2973 | SH |  | SOLE |  | 2525 | 0 | 448 |
| HENRY JACK  ASSOC INC | COM | 426281101 |  | 823 | 5211 | SH |  | SOLE |  | 4427 | 0 | 784 |
| APPLE INC | COM | 037833100 |  | 811 | 3195 | SH |  | SOLE |  | 2581 | 0 | 614 |
| MSC INDL DIRECT INC | CL A | 553530106 |  | 770 | 8346 | SH |  | SOLE |  | 7523 | 0 | 823 |
| SCHWAB STRATEGIC TR | US DIVIDEND EQ | 808524797 |  | 659 | 21469 | SH |  | SOLE |  | 16901 | 0 | 4568 |
| PAYCHEX INC | COM | 704326107 |  | 645 | 7006 | SH |  | SOLE |  | 5883 | 0 | 1123 |
| SPDR SERIES TRUST | STATE STREET SPD | 78464A763 |  | 612 | 4196 | SH |  | SOLE |  | 3287 | 0 | 909 |
| LINCOLN ELEC HLDGS INC | COM | 533900106 |  | 609 | 2444 | SH |  | SOLE |  | 2012 | 0 | 432 |
| INGREDION INC | COM | 457187102 |  | 579 | 5135 | SH |  | SOLE |  | 4254 | 0 | 881 |
| STANLEY BLACK  DECKER INC | COM | 854502101 |  | 515 | 7242 | SH |  | SOLE |  | 6379 | 0 | 863 |
| COSTCO WHOLESALE CORPORATION | COM | 22160K105 |  | 392 | 393 | SH |  | SOLE |  | 393 | 0 | 0 |
| ALLISON TRANSMISSION HLDGS I | COM | 01973R101 |  | 377 | 3217 | SH |  | SOLE |  | 2519 | 0 | 698 |
| EASTMAN CHEM CO | COM | 277432100 |  | 370 | 4853 | SH |  | SOLE |  | 4051 | 0 | 802 |
| SNAP ON INC | COM | 833034101 |  | 348 | 957 | SH |  | SOLE |  | 746 | 0 | 211 |
| ELI LILLY  CO | COM | 532457108 |  | 337 | 366 | SH |  | SOLE |  | 366 | 0 | 0 |
| STATE STR SPDR S 500 ETF T | TR UNIT | 78462F103 |  | 335 | 515 | SH |  | SOLE |  | 20 | 0 | 495 |
| CENTERPOINT ENERGY INC | COM | 15189T107 |  | 309 | 7148 | SH |  | SOLE |  | 5495 | 0 | 1653 |
| PROSHARES TR | S MDCP 400 DIV | 74347B680 |  | 301 | 3480 | SH |  | SOLE |  | 2727 | 0 | 753 |
| HORMEL FOODS CORP | COM | 440452100 |  | 297 | 13120 | SH |  | SOLE |  | 10926 | 0 | 2194 |
| VANGUARD WHITEHALL FDS | INTL DVD ETF | 921946810 |  | 289 | 3262 | SH |  | SOLE |  | 2564 | 0 | 698 |
| SPDR SERIES TRUST | BLOOMBERG SHORT | 78464A334 |  | 265 | 9829 | SH |  | SOLE |  | 9707 | 0 | 122 |
| WESTERN ASSET INVESTMENT GRA | COM | 95766T100 |  | 236 | 19518 | SH |  | SOLE |  | 19518 | 0 | 0 |
| HUNTINGTON INGALLS INDS INC | COM | 446413106 |  | 236 | 621 | SH |  | SOLE |  | 508 | 0 | 113 |
| CATERPILLAR INC | COM | 149123101 |  | 208 | 294 | SH |  | SOLE |  | 294 | 0 | 0 |
| BROADCOM INC | COM | 11135F101 |  | 205 | 662 | SH |  | SOLE |  | 662 | 0 | 0 |
| ABRDN ASIA PACIFIC INCOME FU | COM NEW | 003009867 |  | 190 | 13156 | SH |  | SOLE |  | 13156 | 0 | 0 |

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