Enables palmitoyltransferase activity and signaling receptor binding activity. Involved in axonogenesis; peptidyl-L-cysteine S-palmitoylation; and regulation of signal transduction. Acts upstream of or within protein palmitoylation. Located in Golgi apparatus. Is expressed in several structures, including early conceptus; heart; and oocyte. Used to study Huntington's disease. Orthologous to human ZDHHC17 (zinc finger DHHC-type palmitoyltransferase 17). [provided by Alliance of Genome Resources, Apr 2022]